Find the future value FV of the given present value. (Round your answer to the nearest cent.) Present value of $3,660 at 2 3/4% for eight years
Q: What are the future value and the interest earned if $4000 is invested for 3 years at 8% compounded…
A: Investment Amount = 4000 Compounded Quarterly , hence interest rate will be divided by 4 and time…
Q: Calculate the present value PV (in dollars) of an investment that will be worth $1,000 at the stated…
A: Given, FV of investment is $1000 Time is 3 years rate is 4% depreciating each year
Q: Find the future value of $20,000 deposited for 5 years at a rate of 2.75% compounded continuously.…
A: The value of the cash flow after a particular time period with the addition of the interest amount…
Q: What is the present value of 10 equal payments of $16,500 to be made at the end of each year for the…
A: Present value of equal payments = equal payments x PVIAF (10%, 10 years)
Q: Compute the future value of $536 invested every year if the appropriate rate is 11.2% and you invest…
A: Annual deposit (A) = $536 r = 11.2% n = 4 years
Q: Present Value of Amounts Due Assume that you are going to receive $260,000 in 10 years. The current…
A: Formula: Present value = Future value x PV factor. Future value gets multiplied with PV factor to…
Q: If $15,000 is invested at 3.5% for 20 years, find the future value if the interest is compounded the…
A: Initial investment (I) = $15,000 Interest rate (r) = 0.035 or 3.5% Period (t) = 20 years Future…
Q: future
A: Formula for compound interest is: A = P[(1+r/n)^nt] Where A is the future value, P is the principal…
Q: Find the future value, using the future value formula and a calculator. (Round your answer to the…
A: The value of the cash flow after a particular time period with the addition of the interest amount…
Q: Use the present value formula to determine the amount to be invested now, or the present value…
A: Present Value refers to the value of cash flows today which is to be received at some future time…
Q: Find the future value if $3000 is invested for 10 years at 7% compounded annually. (Round your…
A: Future Value = Present Value * (1 + interest rate%)t
Q: Find the future value, using the future value formula and a calculator. (Round your answer to the…
A: GIVEN, PV= $534 R=5.5% NPER = 3% C/Y=4
Q: Find the future value, using the future value formula and a calculator. (Round your answer to the…
A: Future value is calculated using fv function in excel
Q: What present value amounts to $25,000 if it is invested for 20 years at 5% compounded annually?…
A: Solution Concept The interest rate compounded annually means the interest is charged on interest and…
Q: Suppose you wish to have $9,000 in 11 years. Use the present value formula to find how much you…
A: Present value of money: The money having today has more value than future receivable.
Q: Find the future value, using the future value formula and a calculator. (Round your answer to the…
A: Future value can be calculated using the formula as below: Answer: Future Value is $1,125.71
Q: ow much must be invested now to receive $23,000 for 10 years if the first $23,000 is received one…
A: Present value of an annuity: It is the value of all future payments at the present date at some…
Q: Calculate, to the nearest cent, the present value of an investment that will be worth $1,000 at the…
A: given, Fv = $1000 n=7 m=52 r=12%
Q: Use the present value formula to determine the amount to be invested now, or the present value…
A: The amount needed now can be calculated with the help of present value function
Q: If $18,000 is invested at 2.5% for 20 years, find the future value if the interest is compounded the…
A: Compute the future value:The future value if the interest is compounded continuously is $29,676.98…
Q: Calculate the present value PV (in dollars) of an investment that will be worth $1,000 at the stated…
A: Future value after 12 years (FV) = $1,000 Quarterly period (p) = 48 (i.e. 12 years * 4) Quarterly…
Q: Find the future value, using the future value formula and a calculator. (Round your answer to the…
A: Future Value = Sum * FVAF ( Quaterly rate, Number of quarters )
Q: Consider the following future value. (Round your answers to the nearest cent.) $3,739 at 11 7/8%…
A: The question is based on the concept of time value of money, where one dollar is worth more today…
Q: Find the present value of OMR7, 000 to be receive one year from now, assuming a 3 percent annual…
A: Present value is the current value of a future stream of income or cash flows. It is very easy and…
Q: Calculate the present value PV (in dollars) of an investment that will be worth $1,000 at the stated…
A: Present value is the value of an investment that is in today’s term. It helps to make decisions…
Q: Find the future value of the following at a given annual rate compounded annually and the given…
A:
Q: Find the present value of the following future amount. $200,000 at 10% compounded quarterly for 15…
A: Future Amount is $200,000 Interest rate is 10% Compounded Quarterly Time period is 15 years…
Q: Find the future value, using the future value formula and a calculator. (Round your answer to the…
A: Present Value = $627 Interest Rate = 5.5% (Compounded Quarterly) Time Period = 5 Years
Q: What is the percent value of $2,725 per year, at a discount rate of 10%, if the first payment is…
A: The time value of money implies that the cash in hand at present has a higher value than the cash…
Q: Find the future value, using the future value formula and a calculator. (Round your answer to the…
A: Future value refers to the value of a particular sum of money, asset or a financial instrument after…
Q: Find the value of the following, if the present value is 1,100 at 9% converted annually for 58…
A: This question is based on the concept of time value of money which says that the value of $1 is…
Q: Calculate the present value PV (in dollars) of an investment that will be worth $1,000 at the stated…
A: Given information : Time period = 4 years Interest rate = 10 % Future value of investment = $1000
Q: Suppose you wish to have $9,000 in 11 years. Use the present value formula to find how much you…
A: Given, Time period (N) = 11 years ~ 11 * 2 = 22 periods of 6 month Interest rate (R) = 6 % per annum…
Q: Consider the following investment. (Round your answers to the nearest cent.) $5,600 at 6 3/4%…
A: Time value of money concept says that if we invest a particular sum of money today will not have…
Q: Calculate the present value PV (in dollars) of an investment that will be worth $1,000 at the stated…
A: given, Fv = $1000 n = 5 years r = -4%
Q: If $18,000 is invested at 2.5% for 20 years, find the future value if the interest is compounded the…
A: Computation of future value:Excel spread sheet:
Q: Calculate the present value PV (in dollars) of an investment that will be worth $1,000 at the stated…
A: Future compounded amount(A)=PV1+rnnt
Q: Find the present value (the amount that should be invested now to accumulate the following amount)…
A: Discounting is a technique through which PV of future amount is computed by using appropriate…
Q: present value
A: SOLUTION:- Present Value= Future value/(1+i)n WHERE: Future Value =$150,000 i= 11%(discount rate)…
Q: Find the future value, using the future value formula and a calculator. (Round your answer to the…
A: The future value, FV is given by: FV = PV x (1 + r / m)n x m where PV = Present value, r = annual…
Q: owing investment. (Round your answers to the nearest cent.)
A: The Future Value Formula FV=PV(1+i)n Where: FV = future value PV = present value i = interest rate…
Q: Calculate, to the nearest cent, the present value of an investment that will be worth $1,000 at the…
A: In finance, the term future value shows a dollar sum expected to be received at some point in the…
Q: Find the future value if $5000 is invested for 6 years at 10% compounded annually. (Round your…
A: INTEREST RATE 10.00% YEARS 6 PMT 0 PRESENT VALUE $5,000
Q: Calculate the present value PV (in dollars) of an investment that will be worth $1,000 at the stated…
A: The present value is the value of the sum received at time 0 or the current period. It is the value…
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- Find the future value of the given present value. Use 360 days per year for your calculation.The present value of $3684 at 11% for 240 days.Consider the following future value. (Round your answers to the nearest cent.) $3,739 at 11 7/8% compounded monthly for 17 years and 7 months (a) Find the present value that will generate the given future value.$ ____________(b) Interpret the present value. One would have to invest $ ___________ now to have the future value in the given time.Consider the following future value. (Round your answers to the nearest cent.)$4,472 at 10 3/4% compounded quarterly for 6 years (a) Find the present value that will generate the given future value. ____$ (b) Interpret the present value. One would have to invest ____$ now to have the future value in the given time.
- Find the future value, using the future value formula and a calculator. (Round your answer to the nearest cent.) $119,700 at 8.5% compounded continuously for 30 yearsFind the future value if $3000 is invested for 10 years at 7% compounded annually. (Round your answer to the nearest cent.) $__________________Find the present value of the future value of $8,600 at 9 1/2% simple interest for 5 years. (Round your answer to the nearest cent.)P = $
- Find the present value that will generate the future value of $3,373 at 11 1/4% compounded quarterly for 5 years. (Give your answer to the nearest cent.)P = $Find the present value of the given future amount. $70,093 for 324 days at 6.4% simple interest. Assume 360 days in a year. What is the present value? (Round to the nearest dollar as needed.)Find the future value, using the future value formula and a calculator. (Round your answer to the nearest cent.) $609 at 5.5% compounded quarterly for 7 years $
- If you invest $9,400 per period for the following number of periods, how much would you have received at the end? ( Use a Financial calculator to arrive at the answers. Round the final answers to the nearest whole dollar.) a. 12 years at 6 percent. Future value $ b. 18 years at 8 percent. Future value $ c. 25 periods at 16 percent. Future value $Find the present value of the following future amount. $500,000 at 9% compounded annually for 25 years What is the present value? $ (Round to the appropriate cent.)Find the present value, using the present value formula and a calculator. (Round your answer to the nearest cent.) Achieve $225,500 at 8.55% compounded continuously for 8 years, 145 days. $