An investment of S6,560 earns interest at the rate of 5% and is compounded quarterly. What is the accumulated value of the investment at the end of 7 years? USe A = P (1+r/n)nt a59.289.00 b. S6,794.00 c. $11.245.00 d. $2.296.00

Q: The following investments are made at the end of each year: Year 1 $3,000 4,000 5,000 Year 2 Year 3…

A: Compound interest is the interest earned on both the principal amount and the accumulated interest…

Q: An investment of $4431.57 earns interest at 6.2% per annum compounded annually for 2 years. At that…

A: Solution:- When an amount is invested somewhere, it earns interest on it. The amount initially…

Q: n investor deposits £1,000 into an account that pays continuously compounded interest of 9% (nominal…

A: Value of account in future = Amount deposited today * e-No. of years *Interest rate

Q: How much interest was earned by an investment that earns at a rate of 9% compounded semiannually for…

A: The question is multiple choice question. Required  Choose the Correct Option.

Q: 1. Find the compound amount and interest if: a. P 45 000 is invested at 5% compounded quarterly for…

A: Compound interest is referred as the interest which is calculated on principal amount which involves…

Q: Determine the number of years needed for the investment of $8000 compounded quarterly at 3.1 % to…

A: A theory that helps to compute the present or future value of the cash flows is term as the TVM…

Q: How long will it take for P 1,000.00 to amount to P 1,346.00 if invested at 6 compounded quarterly?

A: Interest is the amount charged or received by investing or borrowing some amount. It can be simple…

Q: You made an investment of $8,500 into an account that paid you an annual interest rate of 4.2…

A: Given information: Initial value of investment (V0) = $8,500 Annual interest rate for first "eight"…

Q: Use the compound interest formula A=P(1+rn)ntA=P(1+rn)nt or A=PertA=Pert to solve.

A: Compound Interest is the additional interest earned on the interest of principal or loan amount,…

Q: What is the present value (PV) of $70,000 received six years from now, assuming the interest rate is…

A: PV = FV / (1 + r / n)nt Where, PV = Present value FV = Future value r = Rate of interest…

Q: An investment of $4000 earned interest quarterly. If the balance after 6.5 years was $6000, what…

A: The concept of TVM states that money has an interest-earning capacity which makes money received…

Q: An investment of $11,550 is deposited for 3 years at 2.2% compounded monthly. At this point, the…

A: Deposit=$115503 years , interest rate is 2.2% compounding monthly5 years, interest rate is 1.95%…

Q: Money borrowed today is to be paid in 6 equal payments at the end of 6 quarters. If the interest is…

A: Here, Quarterly Payment is P2,000 Interest Rate is 12% Compounding Period is Quarterly i.e. 4 Time…

Q: What will be the future value of $5 000 invested for six years at 8% per annum compounded annually?

A: Information Provided: Principal value = $5000 Interest rate = 8% compounded annually Years = 6

Q: An investment of $2,500 earned interest at 4.5% compounded quarterly for 1½ years, and then 4.0%…

A: Principal (P) = $2500 Interest rate (r) = 4.5% = 0.045 Time (t) = 1.5 years Compounding periods per…

Q: If you invest $40,000 at 4% interest compounded annualy, approximately how much money will be in the…

A: PV=$40,000r=0.04n=6FV=?

Q: Using Table 11-1, calculate the compound amount and compound interest (in $) for the investment.…

A: In finance, the concept of time value states that money today has more purchasing power than the…

Q: 1. Find the future value of a one time investment of $8,000 if the account compounds quarterly at…

A: Future value:Future value (FV) is the idea of how much an investment will be valued at a certain…

Q: If an investment of $974.00 eamed interest of $189.00 at 6.3% compounded semi-annually, for how many…

A: The concept of time value of money will be applied here. A sum of money invested today attracts and…

Q: An amount of $12 000 is invested for a period of 9 months at 3% p.a. compounded monthly. The…

A: We need to use the FV formula to determine the value after 9 months. The formula is as below FV = PV…

Q: What amount of money will mature to $63,750 in 3 years and 8 months at the interest rate of 6.75%…

A: Solution:- When an amount is invested somewhere, it earns interest on it. The amount initially…

Q: What is the future value of $2,000 invested at the beginning of each year for six years at 4%? a.…

A: The future worth of the investment is the amount which will be receiving in the following years that…

Q: What is the present value of $3,000 invested at the end of each year for 7 years at a compound…

A: Present value of annuity formula.PV = A * wherePV = Present value of annuity A = periodic depositsr…

Q: COMPOUND INTEREST (a) Find the simple interest on 60,000 for one year at 10%. (b) Find the compound…

A: a) Simple Interest = Principal * Interest rate * Time period = 60,000 * 10% * 1 year = 6,000

Q: What will be the maturity value of P12,000 invested for four (4) years at 15% compounded quarterly?…

A: The question is based on the concept of the time value of money, the value of money keeps on…

Q: 1. A principal of £100 is invested at a rate of 4% per annum. How much money will there be at the…

A: Future Value refers to the value of the current asset or investment or of cash flows at a specified…

Q: How long will it take $1387.00 to accumulate to $1627.00 at 6% p.a compounded semi-annually? Sute…

A: Compounding is a technique through which FV of present amount is calculated by using appropriate…

Q: Q) $15,000 is invested in an account at time 0. At the end of 4 years, Invested into the same…

A: Future Value Future value (FV) is the value of a current asset at a future date based on an assumed…

Q: A sum of £100 is invested in a savings account at the end of each quarter for seven years.  Interest…

A: The future value is the amount that will be received at the end of a certain period. In simple…

Q: olur? 06:031370160 i= %7.8 -%3,9 2 3 A=500 TL/yıl 2511 2887 2200 2776

A: Cash Outflows: Year Cash Flow 0 -500 1 -500 2 -500 3 -500 4 -500 Annual Interest…

Q: A certain investment earns P2,000 in 18 months at a rate of 8% simple interest. How much is the…

A: Simple interest is interest that is paid or calculated solely on the principal sum of money. It does…

Q: Calculate the maturity value of an investment of $500 paid at the end of each month for 6 years.…

A: This is an example of annuity where the compounding period and payment period are different.First…

Q: years and nine mo pounded quarterly

A: Answer : Future value = $26,500 Interest rate = 11% Time = 2  years 9 month = 2.75 Years  Compounded…

Q: Principal of 2500 OMR is invested for 3 years at rate 6.5%. Find the future value if the interest is…

A: As per time value of money concept, a sum of amount invested today will have more future value in…

Q: 6\ An investment of a certain amount of money was made at an interest rate of 4.75%  per year…

A: To find out the principal amount, apply formula: A= P (1+r)∧n where, A = Compounded amount P =…

Q: Suppose that P dollars in principal is invested for t years at the given interest rates with…

A: In case of continuous compounding the assumption is that interest is constantly accruing. Here the…

Q: If the sum of P12,035 is deposited in an account earning interest at the rate of 9% compounded…

A: In this we have to use future value formula to get the future value.

Q: At what rate of interest, compounded quarterly, will an investment double itself in * ?5 years…

A: Future value(FV) = WherePV = present valuei = rate of interest per annumn = number of compounding…