At what annual interest​ rate, compounded​ annually, would ​$490 have to be invested for it to grow to ​$1,968.84 in 14 ​years?

Q: What is the present value of $8,000 to be received eight periods from today assuming a compound…

A: The present value refers to the value of future cash flows at present. The future value is…

Q: What is the present value of $1,000 paid at the end of each of the next 56 years if the interest…

A: Present value is the current worth of the amount deposited or received in future date.

Q: If $600 is invested in an account with an annual interest rate of 14.5%, compounded continuously,…

A: We need to use the formula of continuous compounding belowA=P(e)rn  where   A=future valueP=present…

Q: At what nominal rate, compounded quarterly, would $15,000.00 have to be invested to amount to…

A: FV = PV * (1 + i/n)^(n * Years) Where FV = Future Value = $18276.04 PV = Present Value = $15000 i =…

Q: If you invest %750 at an interest rate of 7% compounded annually, how much would the $750 be worth…

A: The question is based on calculation of future value of an investment. Formula as, FV= PV(1+r)n

Q: What is the future value (FV) of $55,000 in twenty-five years, assuming the interest rate is 13% per…

A: Solution:- When some amount of money is invested somewhere, it earns interest on it. The amount…

Q: How much should an investor pay to receive $12,000 three years (36 months) from now, assuming that…

A: RETURN 9%/12 0.75% NPER (n)  36 PMT 0 FUTURE VALUE 12000     Return= Rate

Q: how much more interest will be earned if $4500 is invested for 7 years at an annual rate of 11%…

A: Given information: Present value is $4,500 Number of years is 7 Interest rate is 11%

Q: If you invest $48500 to earn 7% interest, which of the following compounding approaches would return…

A: Compounding in simple language means the interest on the previous interest. So if the compounding…

Q: annually

A: The future value is a financial concept that calculates or shows the value of money in the future.…

Q: If $27,800 is invested in an account that earns interest at an annual rate of 2.8%, compounded…

A: We need to use future value continuous compounding formula below to calculate number of years.A =…

Q: d it will become $ 6,000 at the end of 4 years, determine the nominal rate of interest and the…

A: The given problem can be solved using using RATE and EFFECT function in excel. RATE function…

Q: At what rate must $700 be compounded for it to grow to $1000 in 7 years?

A: Present value = $700 Future value = $1,000 Number of years (n) = 7

Q: What would be the future value of $7,992 invested annually for nine years beginning one year from…

A: future value formula: future value =A×1+rn-1r where, A=annuity r=rate of interest n=number of years

Q: At what annual interest rate, compounded annually, would $520 have to be invested for it to grow to…

A: Future Value is that value which includes the interest earned and initial invested amount. It is…

Q: how much would be available at the end of the time period. How much is the interest earned?

A: Time value of money (TVM) means that the money received in the present period will have more value…

Q: How long would it take an amount of  $4,000 invested at an interest rate of 21 % per year,…

A: Given information: Present value is $4,000 Future value is $16,000 Interest rate is 21%

Q: What is the effective annual interest rate when 12% per year is compounded quarterly? 0.13 or 0.23?

A: In this we have to calculate the effective interest rate annually.

Q: At an interest rate of 8% per year, $50,000 today is equivalent to how much a year from now?

A: Future value refers to the value of an asset or cash at a specified time in the future. It is based…

Q: At what nominal interest rate will money double in 8 years if interest is compounded quarterly? What…

A: Solution Given Rate of interest                compounded quarterly                 =? Number of…

Q: How much would $1now be worth in 100years if paying 11% annually Compounded monthly?

A: Future value is the value of the present amount after certain period of time at given interest rate.…

Q: At what interest rate must $112,000 be invested so that it will be worth $392,000 in 14 years?

A: We use rate function to calculate interest rate

Q: What is the present value of a property now if its future value is predicted to be $7,500,000 at the…

A: Present value shows that the sum of money worth more today as compared to tomorrow. Numerous…

Q: Suppose we are going to make monthly deposits in to an account with an annual interest rate of 4.1%…

A:

Q: At what nominal rate, compounded monthly, would 12,000.00 have to be invested to amount to 21,811.13…

A: Interest is the amount charged on a loan or investment. It can be calculated by simple interest or…

Q: How much should an investor be willing to pay for an investment product that offers to pay 25,000…

A: Here we will have to use the concept of time value of money and find the present value of the…

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: What is the future value of $400 in 15 years assuming an interest rate of 14 percent compounded…

A: Today deposit=$400Period=n=15 years=30 semi annual periodsInterest rate=14%Semi annual rate=r=7%

Q: An investment offers $8800 per year for 14 years with the first payment occuring one year from now.…

A: Hi! Thank you for the question, As per the honor code, we are allowed to answer three sub-parts at a…

Q: What present amount of money must be deposited at 11% interest compounded annually to grow to…

A: Formula to calculate compound interest is: A = P(1+r/n)^nt Where A is the future value, P is the…

Q: At what annual interest rate will $1,200 invested today be worth $2.500 in 12 years?

A: Total amount (A) = 2,500 Principal (P) = 1,200 Years (n) = 12

Q: What is the future value (FV) of $50,000 in thirty years, assuming the interest rate is 13% per…

A: The objective of this question is to calculate the future value of an investment of $50,000 over a…

Q: At an interest rate of 11%, what is the present value of an asset that produces $2,400 a year in…

A: Data given: Cash flow=$2400 Rate=11%

Q: $15,000 is invested for 5 years at an annual simple interest rate of 17%. a) what will you earn in…

A: Interest = Principal * Rate * Time

Q: At what annual interest​ rate, compounded​ annually, would ​$510 have to be invested for it to grow…

A: Investment amount (PV) = $510 Future value (FV) = $1961.97 Period (n) = 15 Years

Q: What will be the future worth of series of 15 annual $100 payments if the nominal annual interest…

A: An interest rate method in which current interest is computed by multiplying the interest rate by…