Suppose that ​$5,000 is placed in a bank account at the end of each quarter over the next 9 years. What is the future worth at the end of 9 years when the interest rate is ​14 compounded at the given​ intervals?

Q: A principal of $100 is invested at 8% for 2 year. Determine the future value if the interest is…

A: Principal; P= $100 Rate= 8% Time= 2 years a) Annually Future Value=P1+rt…

Q: A sum of money invested at 12% interest, compounded quarterly, will triple in amount in…

A: Present value is the value of investment in today's dollar. Future value is the value of investment…

Q: In the video Susan George refers to the World Bank, IMF & WTO as the “terrible triplets” and the…

A: Susan George's views are part of a broader critical perspective on these institutions that is shared…

Q: 18 YEAR ANNUITY WITH 7.86% COMPOUNDED HOW MUCH TO PAY TO RECEIVE $1900 ANNUALY OVER 18 YEAR PERIOD

A: Compounding refers to a process in which the interest rate is charged on the investment as well as…

Q: What will be the amount accumulated by each of the given present investments?(a) $6.000 in 12 years…

A:

Q: 1. Find the amount (future value) of the ordinary annuity. (Round your answer to the nearest cent.)…

A: Future value (FV) is the value of a current asset at a future date based on an assumed rate of…

Q: Simple and Compound Interest . Calculate the amount deposited 1 year ago to have SR1000 now at an…

A: An interest rate is the amount of interest due per period, as a proportion of the amount lent,…

Q: SITUATION1: Five hundred pesos (P500.00) is deposited monthly to an account earning 7% compounded…

A: This is calculated using the following formula:FV = P * (1 + r/n)n*twhere:FV is the future valueP is…

Q: You have borrowed $300K to purchase a house. The term of the mortgage is 15-year fixed with a…

A: here we calculate monthly payment and  increase in pay off mortgage in 10 year by using the formula…

Q: Mr. Lee purchased a small condominium. He paid P350,000 as down payment and agreed to pay P35,000…

A: In the first place, the loan amount is the present value of quarterly payments for 5 years…

Q: b) $4,500 at the end of each year for 15 years at 4.75% compounded annually.

A: The amount invested each year = $4500 Total number of years = 15 years The interest rate earned in…

Q: $9000 is deposited into a savings account at the end of each year for 20 years. If the account pays=…

A: here we calculate how much value will the account have at the end of the 20 years period by…

Q: You invest $5,000 per year at 8% nominal interest compounded quarterly. What is the future value…

A: Compound Interest is the interest calculated on the initial principal and also on the accumulated…

Q: If you deposit $5000 into an account paying 6% annual interest compounded semi-annually, how…

A: Given the deposit amount = $5000 Interest rate = 6% Future amount = $8000

Q: What is the future worth of the following seriesof payments?(a) $9,000 at the end of each year for 6…

A: Hi! Thank you for the question but as per the guidelines, we only answer 3 subparts at a time.…

Q: value of $ 20000 at the end of 10 years

A: (a) FV ($) = 20000 + (20000 x 7% x 10) = 20000 + 14000 = 34000

Q: Calculate the future value for the following 3 problems Present Value Interest Rate Time (Years)…

A: Future Value takes into account the time value of money. It calculates the value of an asset at a…

Q: company must pay a ​$308, 000 settlement in 3 years. ​ What amount must be deposited now at 8​%…

A: Here, we calculate the given as follow;

Q: 1. An investment company advertises accounts that actually yields 13% interest per year when…

A: Given the information: Actual interest rate = 13% Use the below formula: Nominal interest rate = m ×…

Q: Given an effective interest per annum of 20%, compare the compound amount at the end of 10 years of…

A: An effective interest per annum of 20%, which is =(1+ i/n)^n −1 where: i=Nominal interest rate…

Q: 4) An engineer takes a loan of 50,000 is to be paid over 10 years with equal monthly payment. The…

A: Nominal interest rate is the interest rate before taking inflation into account, in contrast to real…

Q: 1 a. Your company is buying a machine tool that costs $575,000. They will pay for the machine in…

A: Cost of machine = $575,000 Installments is to be paid for = 8 years  Interest rate = 10% Compounded…

Q: Calculate the effective annual interest rate for 15% corresponding to each of the following: (d)…

A: Compounding is the act of accruing interest on both the initial principal and interest accumulated…

Q: A deposit of $20,000 is made in a savings account that pays a nominal interest of 3.5% compounded…

A: The future value of cash flow refers to the value of a sum of money or a series of cash flows at a…

Q: Past costs not relevant to decisions because they cannot be changed no matter what actions are…

A: In a market, a firm faces different types of costs when making an investment and production…

Q: John-The-Smart-Investor plans to make uniform deposits every three months into a high yield savings…

A: YTM = 8% = 0.08 Coupon rate = 10% = 0.10 time to maturity of bond, n = 3 years coupon value, C =…

Q: Which of the following compounding rates is equivalent to an effective interest rate of 2.75% per…

A: The effective annual rate (EAR) is the real percent interest that a borrower or investor pays on a…

Q: help please answer in text form with proper workings and explanation for each and every part and…

A: Step 1:Let's calculate the first difference.The first difference is found by subtracting the future…

Q: Miss Pagtalunan owes Mr. Reyes 400,000 due today. Miss Pagtalunan offers to pay the principal plus…

A: Given information,  Principal amount: 400,000 Time period: 3 years Miss Pagtalunan's Interest rate…

Q: State the amount accumulated by each of the following present investments:(a) $5,000 in 6 years at…

A: The future value can be calculated as follows. The calculated value shows the amount accumulated in…

Q: Mr. Sabando, franchisee of a food stall business, received an offers from two well-known food…

A: Particular  Company X   Particular Company Y End of 3 year 120000   Each Quarter for next 5 year…

Q: You can afford $200 per month car payment. You've found 3 years loan at 2.2% annual interest rate,…

A: The annual interest rate can be expressed as a simple interest rate or a compound interest rate,…

Q: ince the birth of her daughter, 16 years ago, Anika has deposited $75 at the beginning of every…

A: Future value (FV) is the value of an ongoing asset at a future date in light of an expected pace of…

Q: At a certain interest rate compounded quarterly, 2500 will amount to 10500 in 7 years. What is the…

A: The formula to calculate the amount is given by: A = P1+r/41004nwe divide the rate of interest by 4…

Q: If you desire to withdraw the following amounts over the next five years from the savings account…

A: Year Withdrawal 0   1 0 2 30000 3 33000 4 40000 5 36000