iannual, and quarterly compunding periods, (1) calculate the future value i f $10,000 is deposited intially at 8% annual interest for 8 years , and (2) dete
Q: 7 is invested at the end of each 6 months for 6 equal payments at 0.27 compounded semi - annually.…
A: Given information : Periodic investment $ 1,287.00 Interest rate 27% Total installments 6…
Q: What equal annual payment series is requiredto repay the following present amounts?(a) $14,000 in…
A: Hello. Since your question has multiple sub-parts, we will solve first three sub-parts for you. If…
Q: Determine the future value of $10,000 under each of the following sets of assumptions:…
A: Future value: It is the value of money or asset for a specific period at a future date based on the…
Q: The present sum needed to provide for an annual withdrawal of $1,500 for 25 years beginning 5 years…
A: Annual withdrawal (P) = $ 1500 Number of annual payment (n) = 25 Annual interest rate (r) = 10%
Q: Given Period of Defferal Number of Payments 1) Monthly payments of P2500 for 3 years that will start…
A: NOTE : As per BARTLEBY guidelines, when multiple independent questions are given, then first…
Q: Annual payments of 8,000 for 12 years that will start 2 years from now. b. Quarterly payments of…
A: Delayed annuities are called deferred annuity. For deferred annuities cashflows will not happen…
Q: annual, semiannual, and quarterly compunding periods, (1) calculate the future value i f$4000 is…
A: Future value can be computed using FV function in excel. FV function computes interest rate for…
Q: Determine the present worth of a series of P10, 000 quarterly payments that extend over a period of…
A: Given: Particulars Amount Amount 10000 Interest rate 10% Years 8
Q: Use aspreadsheet to create amortization schedules for the following five scenarios.What happens to…
A: Since you have posted a question with multiple sub-parts, we will solve the first three sub-parts…
Q: a. Calculate the future sum of P5,000, given that it will be held in the bank five years at an…
A: Note 1)It is a case where no sub-part is specified to solve among the multiple sub-parts posted, so…
Q: To accumulate 103,404,000 at the end of 9n years, deposits of 45,007 are made at the end of each of…
A: Required:Determine the interest rate, i.
Q: Find the amount to which semi-annual deposits of $200.00 will grow in four years at 6.6% p.a.…
A: Semi annual deposit (PMT) = $200 Interest rate = 6.6% Semi annual interest rate (i) = 6.6%/2 = 3.3%…
Q: A sum of 45000 invested will provide payments of 500 each at the end of every 2 months for 7 years…
A: Compound interest is interest on interest. In case of compound interest…
Q: Given the annual interest rate and a line of an amortization schedule for that the next line of the…
A: An amortization schedule is a schedule that shows the interest paid, annuity paid, and the repayment…
Q: The present sum needed to provide for an annual withdrawal of $1,500 for 25 years beginning 5 years…
A: Present value of annuity due is the sum of present value of all the cash flow that occur at the…
Q: se the appropriate compound interest formula to compute the balance in the account after the stated…
A: Given information : Investment amount $26,000 Time period (years) 7 Interest rate (Annual) 2%
Q: Find the cash equivalent of an item that was purchased for P1,900 down payment and P350 at the…
A: The time worth of cash (TVM) is the idea that cash you have now is worth more than the…
Q: the difference between the future values of a deposit accumulated for 15years at a rate of 9.5%…
A: Future value is the value of the current assets or some amount that is invested today and amount…
Q: Determine the future value of $10,000 under each of the following sets of assumptions: Interest…
A: Future value: It is the value of money or asset for a specific period at a future date based on rate…
Q: nual, semiannual, and quarterly compunding periods, (1) calculate the future value if $5000 is…
A: Future value can be computed using FV function in excel. FV function computes interest rate for…
Q: For each of the following cases, indicate (a) to what rate columns, and (b) to what number of…
A: Both future value of annuity and present value of annuity considers compounding in its calculation.…
Q: The present sum needed to provide for an annual withdrawal of $1,500 for 25 years beginning 5 years…
A: Annual withdrawal (C) = $ 1500 Number of annual payment (n) = 25 First payment period (t) = 5…
Q: use the compound intrest formula for compounding more than once a year to determine the accumulated…
A: Future value = Present value * (1+rate per period )^no. of period
Q: Determine the interest rate per year, compounded quarterly, which is needed for a principal amount…
A: Given Present value (PV) = OMR 27000 Future value (FV) = OMR 43995.75 Period = 8 years Interest…
Q: Determine the present value of the following cash flows; P4,000 at the end of 4th month and every…
A: Given information= P4000 at the end of 4th month and every month thereafter till the 12th Month…
Q: being kompounded 25000$ is deposited in an account that pays 5% interest, semi-annually. Equal…
A: Here the 5% interest is compounded semi-annually and hence we will first have to find the effective…
Q: What is the present value of P2,500 semiannual payments received at the beginning of each period for…
A: Please refer to the image below
Q: Php60000 was deposited annually at an interest of 24% compounded quarterly. About how many years…
A: Annual deposit (P) = Php 60000 Interest rate (APR) = 24% Number of compounding per year (m) = 4…
Q: Use the formula for computing future value using compound interest to determine the value of an…
A: Here, Principal Amount (PV) is $13,000 Annual Interest Rate (r) is 3% Compounding Period (m) is…
Q: Assume the following annual payments of notes payable of Demi Company with 10% discount rate. 1st…
A: Time value of money concept says that a sum of money invested today will have more value in future…
Q: Directions: Solve the present value P, and amount F of the following ordinary annuities. Quarterly…
A: Present value = Pmt x [1 - (1 + r)-n]/r
Q: If Php 5,000 becomes Php 9,734 after 12 years, when invested at an unknown rate of interest…
A: Future Value refers to the value of the current asset or investment or of cash flows at a specified…
Q: Using the appropriate interest table, compute the present values of the following periodic amounts…
A: a. Present values = Amount receivable at the end of each period for 8 periods x PVIAF (12%, 8) =…
Q: If $33,500 is invested at 6.8% for 30 years, find the future value if the interest is compounded the…
A: Investment = $ 33500 Interest rate = 6.8% Period = 30 Years
Q: What is the (a) present value and (b) compound interest earned for 3 years and 9 months of P84,500…
A: Given, The future amount is P84,500 Rate is 20% Term is 3 years and 9 months
Q: Use the compound interest formula to compute the balance in the following account after the stated…
A: We need to use compound interest formula to calculate balance in the account after 14 years A…
Q: tem can be purchased of ₱ 14 500, or for ₱ 3 800 down payment and installment payment of ₱ 1 030 for…
A: Monthly installments carry the payment of interest and principal amount.
Q: A one-time investment is made in the amount of $9,200 for 15 years at an APR of 6%. Compound…
A: given, principal = $9200 rate = 6%
Q: Consider the following cases: Amount of Compounding Initial Stated Annual Frequency, m Deposit Case…
A: Given information: The four cases are given for computation of future value at the end of the each…
Q: (Computation of Present Value) Using the appropriate interest table, compute the present values of…
A: Requirement a: Present values = Amount receivable at the end of each period for 8 periods x PVIAF…
Q: Liability payments consists of 1000 at the end of 1 year, 2000 at the end of 2 years, and 3000 at…
A: Immunization: Immunization is a strategy that is used to mitigate the interest rate risk by ensuring…
Q: A company expects a series of 24 monthly receipts of P3,600 each. The first payment will be received…
A: Annuity can be defined as the series of equal payments in various installments for the period of…
Q: For each of the following cases, indicate (a) to what rate columns, and (b) to what number of…
A: For 1. Option Rate of interest number of periods a. 9% 9 b. 2% 20 c. 5% 30
Q: For ethe case shown in the following table, determine the amount of the equal, end of year deposits…
A: Future value (FV) = $ 130,00 Period (n) = 30 Annual interest (r) = 13%
Trending now
This is a popular solution!
Step by step
Solved in 2 steps with 1 images
- Using annual, semiannual, and quarterly compounding periods, (1) calculate the future value if $6,000 is deposited initially at 11% annual interest for 5 years, and (2) determine the effective annual rate (EAR).Using annual, semiannual, and quarterly compunding periods, (1) calculate the future value if $5000 is deposited intially at 10% annual interest for 10 years , and (2) determine the effective annual rate (EAR)Using annual, semiannual, and quarterly compounding periods, (1) calculate the future value if $5,000 is deposited initially at 11% annual interest for 9 years, and (2) determine the effective annual rate (EAR).
- Find the future values of the ordinary annuities at the given annual rate r compounded as indicated. The payments are made to coincide with the periods of compounding. (Round your answer to the nearest cent.) PMT = $200, r = 2.7%, compounded semiannually for 25 yearsConsider the following cases: Amount of Compounding Initial Stated Annual Frequency, m Deposit Case Deposit ($) Rate, r (%) (times/year) Period (years) A 2,500 6 2 5 B 50,000 12 6 3 C 1,000 5 1 10 D 20,000 16 4 6 a. Calculate the future value at the end of the specified deposit period.(Computation of Present Value) Using the appropriate interest table, compute the present values of the following periodic amounts due at the end of the designated periods.(a) $30,000 receivable at the end of each period for 8 periods compounded at 12%.(b) $30,000 payments to be made at the end of each period for 16 periods at 9%.(c) $30,000 payable at the end of the seventh, eighth, ninth, and tenth periods at 12%.
- Determine the future value of $10,000 under each of the following sets of assumptions: Interest Compounded Annual Rate Period Invested Semiannually Quarterly Monthly 1. 10% 10 years 5 years 2. 12 3. 30 months 24For ethe case shown in the following table, determine the amount of the equal, end of year deposits necessary to accumulate the given sum at the end of the specified period, assuming the stated annual interest rate. Sum to be accumulated: $130,000 Accumulation Period (years): 30 Interest Rate: 13% The amount of the end of year annual deposit is? (round to the nearest cent)What is the future value of $537 to be deposited today into an account paying 8.0% compounded semi- annually for two years?
- a. Set up an amortization schedule for a $19,000 loan to be repaid in equal installments atthe end of each of the next 3 years. The interest rate is 8% compounded annually.b. What percentage of the payment represents interest and what percentage representsprincipal for each of the 3 years? Why do these percentages change over time?For the following annuity due, determine the nominal annual rate of interest. Future Present Periodic Payment Period Term Conversion Value Value Rent Period $16,000 $400 3 months 11 years annually The nominal annual rate of interest is%. (Round to two decimal places as needed.)The annual amount $1,100 is invested in Certificate Deposit (CD) and will be worth of $16,000 in nine years. What is the semiannually compounded nominal (annual) interest rate for this CD?