long would you have to invest $8900 for it to grow to $13,450, assuming an APR (annual percent rate) of 6.2% and assuming quarterly compounding?

Q: How much annual income would need to be generated over a 5 year period, to be equivalent to $4,000…

A: Calculate the annual income over a period of 5 years as follows:MS-Excel --> Formulas -->…

Q: How much will $11,000 grow to in five years, assuming an interest rate of 12% compounded quarterly?…

A: Compound = Quarterly = 4Present Value = pv = $11,000Time = t = 5 * 4 = 20Interest Rate = r = 12 / 4…

Q: 5) How many years are required for P15k to increase to P20k if invested at 12% per year compounded…

A: Since you have asked multiple questions, we will solve the first question for you. Please ask…

Q: At what nominal rate, compounded quarterly, would $15,000.00 have to be invested to amount to…

A: FV = PV * (1 + i/n)^(n * Years) Where FV = Future Value = $18276.04 PV = Present Value = $15000 i =…

Q: Suppose an investment earns 2.5% interest compounded continuously. Find the future value of a $3400…

A: Present value is an estimate of the present value of future cash values ​​that may be received at a…

Q: What present value amounts to $15,000 if it is invested for 20 years at 8% compounded annually?…

A: Present Value = Future value / (1+r)^n Where, r = rate of interest i.e. 8% n = no. of years i.e. 20…

Q: If you invest $5,000 now, and your investment pays 12% per annum, how much will you have in three…

A: Following information is given in the question: Investment today (Present value) = $5000 Annual…

Q: A firm is scheduled to receive payment of $32,000 in 1 year. What is the present value of this…

A: To calculate the present value of payment that will receive after 1 year we will use the below…

Q: What ls the present value (PV) of an Investment that will pay $2,500 In five years if the…

A: The present value (PV) is the current worth of a future sum of money or stream of cash flows given a…

Q: How much should an investor pay to receive $12,000 three years (36 months) from now, assuming that…

A: RETURN 9%/12 0.75% NPER (n)  36 PMT 0 FUTURE VALUE 12000     Return= Rate

Q: If you invest $48500 to earn 7% interest, which of the following compounding approaches would return…

A: Compounding in simple language means the interest on the previous interest. So if the compounding…

Q: annually

A: The future value is a financial concept that calculates or shows the value of money in the future.…

Q: An investment account offers a 12% annual return. If $50,000 is placed in the account for two years,…

A: Compound Interest is the interest earned on the interests previously earned.It is a method of…

Q: For the given cash flow, if the equivalent uniform annual payments is $5000 and the interest rate is…

A: When the periodic cash flows are constant for the period, it is known as annuity. Annuity is…

Q: What are the future value and the interest earned if $3800 is invested for 7 years at 8% compounded…

A: Step 1 Future Value The value of an asset at a future date is its future value. It is the present…

Q: What amount must be set aside now to generate payments of $30,000 at the beginning of each year for…

A: Annual payment (P) = $30,000 Interest rate (r) = 5.52% Period (n) = 10 Years

Q: Suppose you wish to accumulate $20,000 over a 10-year period in an account that pays a steady 5% per…

A: The concept of time value of money will be used here. As per the concept of time value of money the…

Q: Identify the items that appear on an Income Statement. cash balance revenues product purchases cost…

A: Income statement is a financial statement that indicates the financial performance of company for a…

Q: What would be the future value of $7,992 invested annually for nine years beginning one year from…

A: future value formula: future value =A×1+rn-1r where, A=annuity r=rate of interest n=number of years

Q: how much would be available at the end of the time period. How much is the interest earned?

A: Time value of money (TVM) means that the money received in the present period will have more value…

Q: What present value amounts to $25,000 if it is invested for 20 years at 5% compounded annually?…

A: Solution Concept The interest rate compounded annually means the interest is charged on interest and…

Q: How long would it take an amount of  $4,000 invested at an interest rate of 21 % per year,…

A: Given information: Present value is $4,000 Future value is $16,000 Interest rate is 21%

Q: earns an annual interest rate of 12 percent compounded Semi annually. What is the effective annual…

A: The given problem can be solved using EFFECT function in excel. EFFECT function computes effective…

Q: Suppose you invest $100 at an annualized and continuously compounded rate of 3.45%. What is the…

A: Future value of amount in case of continuous compounding is calculated as follows:-FV = A *…

Q: What ls the present value (PV) of an Investment that will pay $2,500 In five years if the…

A: The present value (PV) is the current worth of a future sum of money or stream of cash flows given a…

Q: Suppose a state lottery prize is to be paid in 25 payments of $240,000 each at the end of each of…

A: Given,  The payment is $240,000 Term of investment is 25 years

Q: If the interest rate is 5%, then the capitalized value of an investment that would be $ pays $8 per…

A: The capitalized value of an investment is the present value of the stream of income that the…

Q: Use the present value formula to determine the amount to be invested now, or the present value…

A: The amount needed now can be calculated with the help of present value function

Q: If money is invested at an interest rate of 5.7 percent per year, find the annual percent yield…

A: Effective yield or the APY takes into consideration the number of times compounding is done in a…

Q: Calculate the present value PV (in dollars) of an investment that will be worth $1,000 at the stated…

A: To calculate the present value we will use the below formula   Present value = FV/(1-d)n Where FV -…

Q: What is the present value of $10,000 to be received two years from today assuming an annual interest…

A: Present value: This is the amount of future value reduced or discounted at a rate of interest till…

Q: An investment will provide after-tax revenue of $22,336 per year for 7 years. What is the present…

A: After tax revenue (P) of $22,336 for a period (n) of 7 years will be received. Present value annuity…

Q: What is the present value of annual payments of $2,000 for 12 years at 1 percent?

A: The present value (PV) is the current value of a future sum of money or cash flow, taking into…

Q: If the initial investment is $200,000, what would be the nominal annual rate of interest compounded…

A: Interest is the cost of borrowing the money.

Q: At what nominal rate, compounded monthly, would 12,000.00 have to be invested to amount to 21,811.13…

A: Interest is the amount charged on a loan or investment. It can be calculated by simple interest or…

Q: What per annum nominal interest rate with interest compounded quarterly would be needed to achieve…

A: The present value function or concept can be used to determine the present value of a future sum or…

Q: How long will it take for an investment to increase by 139% its amount if money is worth 14% comp.…

A: Given, Amount will be 139% at the end of the period  So, Let's assume amount now is 100 amount at…

Q: If Quail Company invests $46,000 today, it can expect to receive $12,000 at the end of each year for…

A: Net present value method is used to evaluate the investment projects. We can evaluate the project by…

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: What equal annual deposits must be made at t = 2, 3, 4, 5, and 6 in order to accumulate $25,000 at t…

A: Future value is the value of current cashflow compounded to the future date at specified rate.…