Approximately what interest rate would be needed in order to grow and investment of $1400 to $2500 in 10 years if the interest was compound monthly? A 5.88% B ,5.84%

Q: (iv) Continue with this logic and sum all the matured values expressed

A: We can determine the future value of an amount using the formula below:In this formula, amount =…

Q: 1. Using the APR table, how much interest would be charged for a $10,000 loan at 12.5% for 3 years?…

A: Since, there is no information regarding the loan is compounded as annually or monthly is mentioned,…

Q: What is the accumulated value of the 5000 TL investment at the end of each year with 3% interest…

A: The accumulated value is calculated as future value of annuity

Q: What ls the present value (PV) of an Investment that will pay $2,500 In five years if the…

A: The present value (PV) is the current worth of a future sum of money or stream of cash flows given a…

Q: 6) What is the future value (FV) of $20,000 in four years, assuming the interest rate is 4% per…

A: Given, PV of amount is $20000 rate is 4% term is 4 years

Q: at an interest rate of 8% compunded monthly, how long does it take an investment to double based on…

A: The objective of the question is to find out the time it takes for an investment to double at an…

Q: 4. If P3,200 is invested for 1 year at 9% compounded monthly, what is the compound interest on the…

A: In this question, we are required to compute the compound interest.   Compound interest: Compound…

Q: Nominal annual interest rates are 7.3%. If a businessperson has an opportunity to invest $40,000…

A: Option 1: If 40,000 invested at 7.3% for 5 years: Future Value = Present Value * ( 1 + Interest…

Q: What interest rate compounded continuosly did a $15000 investment earn if it accumulated to $18000…

A: Given: Accrued Amount (A) = $18000 Principal Amount (P) = $15000 Time (t) = 5 years

Q: n interest rate is 12% APR when measured using semiannual compounding. What is the equivalent rate…

A: Effective rate is the rate after considering the impact of compounding on the interest rate.

Q: What is the present value (PV) of an investment that pays $90,000 every year for four years if the…

A: The present value of an annuity is the sum of the discounted value of the periodic cash flows.…

Q: Investment A will earn 0.5% per month.  Investment B will earn 6% per year.  Which investment will…

A: Investment A compounded monthly and Invested B is compounded annually. Therefore effective interest…

Q: ume that time zero is now and the effective interest rate per year is 14%. 1. What is the present…

A: The given problem can be solved using PV function in excel. PV function computes present value for…

Q: ABC deposits $30,000 at the end of every quarter to save up $550000 for a capital project in 4…

A: The nominal return refers to the return quoted to the investor and does not consider the effect of…

Q: Calculate the future value of an investment if the annual interest rate is 9%, number of payments is…

A: Details given in the question are as follows: Annual payment = $1000 Time period (number of periods)…

Q: An investor put his money in an investment earning 10 1/2% simple interest rate per annum. If his…

A: simple interest formula: A=P×1+RT given, p 12.30 MILLION R=10.5% T=15 / 12 YEARS

Q: With an interest rate of 10 % how long does it take for an invest- ment to triple, if the interest…

A: A concept that implies the future worth of the money is lower than its current value due to several…

Q: What ls the present value (PV) of an Investment that will pay $2,500 In five years if the…

A: The present value (PV) is the current worth of a future sum of money or stream of cash flows given a…

Q: Find the rate of interest and final amount resulting from an investment of P800 at 12% simple…

A: Simple interest:   It is the return an individual gets on the amount invested by him at the end of…

Q: an investm r 5 years?

A: Given information :

Q: 1. If the sum of P12,000.00 is deposited in an account earning interest rate of 9% compounded…

A: This pertains to compound interest. Compound interest accrues on both the initial principal as well…

Q: What per annum nominal interest rate with interest compounded quarterly would be needed to achieve…

A: The present value function or concept can be used to determine the present value of a future sum or…

Q: With an interest rate of 15 % how long does it take for an invest- ment to quadruple, if the…

A: Future Value formula with periodic compounding i.e. annual, monthly, semi-annual or quarterly…

Q: What is the present value​ (PV) of an investment that pays $80,000 every year for four years if the…

A: In this problem we have to calculate quarterly interest and periods and calculate future value…

Q: n amount of $5000 was invested with an annual interest rate of 5.5% compounded monthly. Answer the…

A: Future value of amount is computed as follows:-FV = A * (1+r)nwhereFV = future value A = amount…

Q: Future Value A total of $8800 is invested at 6%interest, compounded daily.a. Find the future value…

A: Introduction: Future value can be defined as the value of an asset or a investment at a future date.…

Q: Approximately how many years will it take for $2,300 to grow to $8,172 at an annual interest rate of…

A: The time value of money implies that the cash in hand at present has a higher value than the cash…

Q: What simple interest rate is equivalent to 5% compounded quarterly if money is invested for 10…

A: Concept. 1. Simple interest formula. SI = P × N × R…

Q: What is the future value of: Part a $400 in five years with an interest rate of 5%? Part b…

A: Given, in first case, Present value = $400 Time period = 5 years Interest rate = 5% Given, in second…

Q: . A sum of $145,000 is invested now and left for 8 years, at which time the principal is withdrawn.…

A: As there is more compounding more is effective interest rate and more is for monthly compounding.…

Q: When an initial amount of è dollars is invested at r% annual interest compounded n times per year,…

A: The Initial amount of P Dollars is invested at r% annual interest , compounded n times per year ,…

Q: What annual interest rate (APR) would cause $1,500 to grow to $2000 in 4 years when compounding is…

A: Time value of money (TVM) refers to the concept which proves that the value of money today is higher…

Q: If $0,000 per quarter is invested in an account that eams a nominal annual interest rate of 9%…

A: The amount in the account at the end of the 6 years is the future value. The nominal annual rate…