Find the present value of the given future amount. $43,000 for 22 months at 5% simple interest

Q: Find the present value of the given future payment at the specified interest rate. $520 due in five…

A: Time value of money is a financial concept which is used to calculate the value of money in present…

Q: Find the monthly house payment necessary to amortize the following loan. $60,000 at 6.00% for 30…

A: Annuity refers to series of equalized payments that are paid or received at start or ending of…

Q: Find the future value of an account if the present value is $172.39 at 6% interest for 700 days.

A: Future value of investment is the value received after putting some efforts and time in the…

Q: Find the present value of an account if the future value is $5,750 at 4 !% simple interest for 630…

A:

Q: Determine the present value of a $3,500 perpetuity if the interest rate is 7%. If interest rates…

A: Given: Amount = $3,500 Interest rate = 7%

Q: Find the monthly payment for the loan. A $504000 hone bought with a 20% down payment and the…

A: To calculate the monthly we will use below formula   Monthly payment = P/[1-(1+r)-n]/r Where P -…

Q: Find the present value of the future amount. Assume 365 days in a year. Round to the nearest cent.…

A: Present value is the discounted value of future value.  Present value compounded at a certain…

Q: Present Value Find the present value of an annuitythat will pay $500 at the end of each 6-month…

A: Given information: Annual deposit amount is $500 Interest rate is 10% compounded semi-annually…

Q: What is the present value of a perpetuity with the annual payment of $4,000 at the annual interest…

A: The present value is used to estimate the current value of a future payment or cash flow. It entails…

Q: Find the present worth of perpetuity of P 6,000 annually with an interest rate of 10% compounded…

A: A perpetuity is an annuity that gives payments but has no maturity period.

Q: What is the present value of a 3-year annutiy of $220 if the discount rate is 6%.

A: Annuity (pmt) = $220 Time Period (nper) = 3 years Discount Rate (rate) = 6%   The calculation of the…

Q: Find the present value of an annuity if the first monthly payment of P6,200 is made at the end of 4…

A: The concept of the time value of money states that the current worth of money is more than its value…

Q: find the present value of the given future payment at the specified interest rate 2.$460 due in four…

A: Formula = PW=FW/[ (1 + r/n )^n*T  PW= Present Worth FW = Future Worth n = No of compouding periods…

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

A: Future value is that amount which will be require to paid at some specified period of time. It…

Q: Find the present value of the future amount. Assume 365 days in a year. Round to the nearest cent.…

A: Present value=Future value /  [ 1 + (Interest rate x Number of years)]

Q: What is the present value of a stream of $800 cash payments, each to be made at the end of the next…

A: Given:

Q: Use the ordinary annuity formula shown to the right to determine the accumulated amount in the…

A: An annuity is a payment series where the holder gets a fixed amount in return for a lump sum…

Q: What is the present value of $2,000 that will be received after 4 years if the interest rate is 12%…

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

Q: Find the present value of each future amount 6.3% 5)$15, 402 for 120 day si money earns 5:

A: As per the concept of time value of money the worth of money changes with passage of time. This is…

Q: Evaluate ordinary annuity Assume monthly payouts - round your answer to nearest cent. M = $50 R =…

A: Present Value:  The present value (PV) is the present sum of a series of fixed payments. The series…

Q: Given the down payment of P18,877 and annual payment of 28,657. The number of years is 20 years and…

A: Down payment (DP)= P 18,877 Annual payment (P)  = 28,657 Number of annual payments (n) = 20 Discount…

Q: What's the future value of $1,200 after 5 years if the appropriate interest rate is 6%, compounded…

A: The objective of the question is to calculate the future value of an investment of $1,200 after 5…

Q: What's the present value of $1,850 discounted back 5 years if the appropriate interest rate is 6%,…

A: Data given: Amount=$1850 n=5 years rate=6% compounded monthly   Required : Present value

Q: What annuity is required over 10 yrs. to equate a future amount of P 15,000. assume  interest of 5…

A: Given, Future Value of annuity = 15,000 Need to find annual Installments to be made over 10 years

Q: find the present value of 3 year, 500 annuity at 4%

A: Solution Given Time period (n) 3 year Annuity 500 Rate of interest 4%…

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: Question 1 What is the future value of $650 deposited for one year earning an 10 percent interest…

A: Future Value refers to the compounded value of a single cash flow received today or multiple cash…

Q: Find the future value of $1 000 at 7.8% p.a. simple interest over 14 months.

A: Simple interest does not consider the effect of compounding of interest over the period of time. The…

Q: Showing how to use a scientific calculator find the monthly payment that will yield the given…

A: The future value is calculated by putting present value for a certain period of time time on an…

Q: What is the present value of an annuity that pays $58 per year for 13 years and an additional $1,000…

A: PMT = 58 Period = 13 years  Nominal rate of interest = 7.23% Additional amount = 1000

Q: Find the present value for the following future amount $16,000 at 4% compounded quarterly for 3.5…

A: Present value means today’s value of money you expect to receive or pay in future.   Present Value =…

Q: $11,000 annually at 5% for 10 years.

A: The present value of annuity can be calculated by using the EXCEL PV function. The same is as…

Q: Find the future value of a 15-year, $300 per year annuity at 6%.

A: Following details are given in the question regarding annuity : Annual Payment in annuity = $300…

Q: Three Years Future Value What is the future value of $18,000 deposited for three years earning 7%…

A: The compound interest is the interest calculated on the initial principal which also includes all…

Q: Suppose that $17,000$⁢17,000 is deposited for six years at 4%4% APR. Calculate the interest earned…

A: Compound = monthly = 12 Present value = pv = $17,000 Time = t = 6 * 12 = 72 months Interest Rate = r…

Q: Find the future value of $2500 deposited at the end of every 6 months for 10 years if interest is 6%…

A: We need to use future value of ordinary annuity to calculate future value.whereFV = future valuePMT…

Q: Find the future value of the ordinary annuity. PMT= $2500, i = 7.4% interest compounded quarterly…

A: The future worth of the annuity can be referred as the compounded value of the amount that has been…

Q: Find the present value of the given future amount.

A: Present Value: It represents the present value of the future sum of the amount. It is computed by…

Q: What is the present value of a 20-year annuity of $2,900 per year; i = 6%. Present value %24

A: Present Value (Ordinary Annuity) = C*(((1-(1+i)-n)/i)) Where C = cash flow per period ($2900) i   =…