Given a 4 percent interest rate, compute the year 6 future value of deposits made in years 1, 2, 3, and 4 of $1,850, $2,150, $2,150, and $2,250, respectively. Note: Do not round intermediate calculations and round your final answer to 2 decimal places. Future value EA $ 9,618.08

Complete the following, using ordinary interest. (Use Days in a year table.) (Do not round intermediate calculations. Round the "Interest" and "Maturity value" to the nearest cent.) Maturity value Principal Interest rate Date borrowed Date repaid $1,500 Exact time Interest 8% Mar. 12 June 15 95 %24 %24 **** T:..

Find the principal and the interest amount. Present Value Interest Amount Future Value Interest (Principal) (Maturity Value) Time Rate $2676.15 4.9% 103 days The principal is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) The interest amount is $ 1 (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) un

a-1. Calculate the present value of an annual payment of $680.00 you would received for 12 years if the interest rate is 7.01%. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Present value a-2. Calculate the present value of an annual payment of $544.00 you would received for 18 years if the interest rate is 7.01%. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Present value b-1. Calculate the present value of an annual payment of $680.00 you would received for 12 years if the interest rate is 17.90%. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Present value b-2. Calculate the present value of an annual payment of $544.00 you would received for 18 years if the interest rate is 17.90%. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Present value

Problem #7: You deposit P dollars into an account that earns a nominal rate of i compounded semiannually. At the same time, you deposit 2.2P dollars into an account that earns simple interest at an annual rate of i. If both deposits earn the same amount of interest in the last 6 months of year 8, what is a Problem #7: Answer as a percentage, correct to 2 decimals.

Label all final answers with the correct units, if applicable. Unless otherwise stated, use 4 decimal places for intermediate computations of interest rates (if needed) then round off final answers to two decimal places. For monetary amounts, use 2 decimal places even for intermediate computations. 1. If P5,000 is invested in a time-deposit for 2 years in a bank that offers 4% annual interest compounded quarterly, how much interest will be earned at the end of 2 years?

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Solve for the unknown interest rate in each of the following: (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) Present Value $ 290 410 44,000 43,261 Years 3 18 20 Interest Rate % % % % Future Value $ 345 1,253 209,290 388,485

A $2600 certificate of deposit held for 66 days was worth $2623.36. What simple interest rate was earned? Assume a 360-day year. The certificate of deposit earned an interest rate of %. (Type an integer or decimal rounded to the nearest tenth as needed.)