If you deposit OMR 27177 in your account in a bank. Suppose the bank pays 12% compound interest quarterly. Calculate value of your money in 4 years

2. You travel back in time to London in 1642. You deposit the equivalent of $1000 in a bank that still exists today. The bank offers you 2% interest. How much money would you end up with today with: ) Simple Interest? a. b. J Compounded Yearly Interest? Compounded Monthly Interest?

How much would be in your savings account in 9 years after depositing $190 today if the bank pays 9 percent per year? (Do not round intermediate calculations. Round your answer to 2 decimal places.)  whats the future value

You make deposits into your bank account, as follows: Right now (beginning of year 1) End of year 2 End of year 7 Rate paid by bank at end of each year After your last deposit you leave your money in the bank 3 years. What will your ending balance be at the end of year ten? A Between 2,000 and 3,000 B Between 3,000 and 3,700 C Between 3,700 and 4,200 D Between 4,200 and 5,000 1,100 323 481 4.5%

PLEASE DO NOT ANSWER IN EXCEL. ANSWER IT MANUALLY.

A person wishes to get 400$ at the end of third year and 600$ at the end of fifth year, if rate of interest is 12% how much he has to deposit in the bank today? Select one: O a. 650$ b. 625$ O c. 620%

13. You put $8,195 in the bank for 6 years at 7%. Using the Future Value of 1 Table (Time Value of Money Table) what factor would you use to calculate the future value of your deposit? Round to four decimal places. The table is too big to submit.   Thank you!

If you deposit OMR 29173 in your account in a bank. Suppose the bank pays 8% compound interest half yearly. Calculate future value of your money in 5 years. O a. 42863.89 O b. 62981.59 O C. All the given choices are not correct O d. 43183.04 O e. 35493.33

1. Compute the present value of a $2,000 deposit in year 1, and another $1,500 deposit at the end of year 3 if interest rates are 10 percent. (Do not round intermediate calculations and round your final answer to 2 decimal places.)   2. How much would be in your savings account in 8 years after depositing $300 today if the bank pays 8 percent per year? (Do not round intermediate calculations. Round your answer to 2 decimal places.)   3. What is the present value of a $1,300 payment made in five years when the discount rate is 10 percent? (Do not round intermediate calculations. Round your answer to 2 decimal places.) 4. What annual rate of return is earned on a $5,000 investment when it grows to $9,500 in five years? (Do not round intermediate calculations. Round your answer to 2 decimal places.)   5.  A deposit of $270 earns the following interest rates:  8 percent in the first year. 6 percent in the second year. 5 percent in the third year.   What would be the third year future…

Suppose you deposit m dollars the beginning of every month in a savings account that earns a monthly interest rate of r. For an initial investment of m dollars, the amount of money in your account at the beginning of the second month is the sum of your second deposit and your initial deposit plus interest. Denote by An the amount of money in your account in the nth month. 1. Explain why A₁ = m dollars. 2. Explain why A₂ = m+m(1+r) dollars. 3. Write down explicit expressions for A3 and A4. This is the crucial step. 4. Explain why An = m+m(1 + r) + m(1 + r)² + ... +m(1 + r)"−¹ dollars. 5. Use the formula for a geometric sum to show that An = m (1 + r)” − 1 r dollars. 6. If your account has a monthly interest rate r = 0.002 and you deposit $200 monthly for 5 years, how much money will you have in your account after the 5 years? (Hint: How many months?)