If you make quarterly deposits for 3 years into an account that compounds interest at 1% per quarter, the value of n in the F/A factor that will determine F at the end of the 3-year period is:

Q: If $5 000.00 is placed on account for 6 years and earns interest at 12% p.a. compounded monthly, it…

A: The future value is the future amount along with interest. The present value is the current…

Q: The sum of P1000.00 is invested now and left for 8years, at which time, the principal is withdrawn.…

A: The future value of an amount invested in an account depends on the interest rate and the time…

Q: What weekly deposits should be made into a savings account paying interest at 8.9% / year compounded…

A: Formula used in calculation: Where,A = Weekly depositsFVA = Future value of the annuity (or…

Q: Suppose a bank offer a loan for 2 years with fixed interest rate 9% per year compounded daily.…

A: Effective annual interest rate(EAR) refers to the actual interest rate which is received on deposits…

Q: What is the future value of $1,000 in five years at 8% interest paid semi annually ? Paid quarterly?…

A: Future value is an amount reccievable in future(after certain period)  by investing today. Formula…

Q: How much interest will be earned if $5,000.00 is invested for 3 years at 10% compounded semi-annual?…

A: Future value is computed by following formula-FV = A × (1+r)nwhere,FV = Future value A = Amount…

Q: What is the size of the payments that must be deposited at the beginning of each 6-month period in…

A: Future value (FV) = $150,000 Interest rate = 7.6% Semi annual rate (r) = 7.6%/2 = 3.80% Period = 18…

Q: Assume that an investment of $9000 earns an APR of 6% compounded monthly for 30 months. How much…

A: Data given: P=Principal=$9000 r=APR=6% (compounded monthly) n=30 months=2.5 year   Required: Amount…

Q: Assume you put $400 per month into a retirement account for 14 years, and the account has an APR of…

A: “Since you have posted a question with multiple sub-parts, we will solve first three subparts for…

Q: Assume that an investment of $9000 earns an APR of 6% compounded monthly for 16 months. How much…

A: Data given:P=Principal=$9000r=APR=6% (compounded monthly)n=16 monthsRequired: Amount in the account…

Q: If you deposit RM25,000 in an account earning 16% with quarterly compounding, how much would you…

A: Amount of Deposit = RM 25,000 Interest Rate = 16% per annum Quartery interest Rate(r) = 16%/4 = 4%…

Q: Find the principal P that corresponds to the future value F = $10,000 under r = 5.2% interest…

A: To calculate principal P, we need to use time value of money formulae.

Q: Find the accumulated amount A if the principal P is invested at the interest rate of r/year for t…

A: Principal amount (P) = $43,000 Interest rate (r) = 9 3/4% = 9.75% Period (t) = 9 Years Compounding…

Q: How much will deposits of $270 made at the end of each 6 months amount to after 5 years if interest…

A: Compound = Semiannually = 2Future Value = fv = $270Time = t = 5 * 2 = 10

Q: If for the next 40 years you place $3,000 in equal year-end-deposits into an account earning 8% per…

A: The amount of $3,000 that is being placed in equal year end deposits is an annuity. The amount that…

Q: If you were to use the TVM Solver to determine how much money would be in an account (that earns…

A: Future value(FV) is value of current amount at future date that is computed by compounding current…

Q: Assume that you take out a $3000 loan for 47 months at 6.5% APR. How much total interest will you…

A: Loan amount = $ 3000 Period = 47 Months APR = 6.5%   To Find: Total Interest paid

Q: 6. Determine the accumulated balance: $1200 invested in an account that cams interest at an APR of…

A: Future value of the investment  that is compounded continuously can be calculated using the…

Q: you put $200 per month in an investment plan that pays an APR of 2.5% How many will you have after…

A: An annuity is a type of financial contract intended to give someone a steady stream of income…

Q: What should be the amount in an RRSP that is earning 7.00% compounded quarterly if it can be…

A: Present Value: The present value is the value of cash flow stream or the fixed lump sum amount at…

Q: If you deposit R50 into an account yielding 2% per month, What is the future value  after 60 months…

A: Future value is the compounded value of all future cash flows, compounded at a specified rate of…

Q: When an initial amount of è dollars is invested at r% annual interest compounded n times per year,…

A: The Initial amount of P Dollars is invested at r% annual interest , compounded n times per year ,…

Q: te.4 If for the next 30 years you place $2,000 in equal year-end-deposits into an account earning 5%…

A: The objective of the question is to calculate the future value of an ordinary annuity. An ordinary…

Q: If you are expecting to get OMR 41661 at the end of 3 years. Calculate its present value if the…

A: Given: Future value =OMR 41661Interest rate =9%4=0.0225No. of periods =3 ×4 =12

Q: ompound interest p

A: Future value is the value of a current asset at a future date based on a projected rate of growth…

Q: An amount of $8,430 is deposited into an account earning 7% interest compounded quarterly. How much…

A: There are different types of accounts which an individual can open in a bank. It can be a savings…

Q: If you make quarterly deposits of $1000 for 15 years into an account that compounds interest at 1.5%…

A: Quaterly deposit is $1000 Time period is 15 years Interest rate is 1.5%   To Find: Future Value

Q: Mark Welsch deposits $7,300 in an account that earns Interest at an annual rate of 8%, compounded…

A: Compound = Quarterly = 4Present Value = pv = $7300Interest rate = r = 8 / 4 = 2%Time = t = 1 * 4 = 4

Q: Find the amount at the end of 2 years and 7 months if 425000 is invested at 8% compounded quarterly…

A: Simple interest method is one in which the interest earned during a period does not earn interest.…

Q: If $0,000 per quarter is invested in an account that eams a nominal annual interest rate of 9%…

A: The amount in the account at the end of the 6 years is the future value. The nominal annual rate…

Q: Consider a borrowing of $400,000, with monthly payments to be made over 15 years with a 15% add-on…

A: Borrowing = $400,000Number of years for which monthly payments are to be made = 15 yearsAdd- on…

Q: what is the average EAR on an investment that earns 6% APR with monthly compounding for 5 years,…

A: The EAR is calculated for the compounded interest which shows the single rate that will provide same…

Q: Assume a 360 day year, when a 48,000, 90 day, 8% interest bearing note payable matures, the total…

A: Total payment = Note + Interest   Interest = $48,000 * 8% * 90/360 Interest = $960

Q: Suppose you make 40 annual deposits of $3,000 in an account with an APR of 10% and daily…

A: To determine the amount of money in an account at the end of 40 years with annual deposits and daily…

Q: The principal P is invested at the interest rate of r/year for t years. (Use a 365-day year.) P =…

A: Compound interest rate refers to the rate at which interest is calculated and added to the principal…

Q: Assume you put $400 per month into a retirement account for 14 years, and the account has an APR of…

A: (Note: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the…

Q: Direction: Solve what is being asked and show your complete and neat solution. (ROUND OF PV FACTORS…

A: There are two types of annuities one is annuity due and other is ordinary annuity that is being paid…