To retire a bond of $ 100,000.00 in 5 years, what amount needs to be deposited at 8% quarterly?

Q: In order to accumulate enough money for a down payment on a house, a couple deposits $621 per month…

A: Given information Amount deposit per month P=$621 Rate of interestr=6% compounded monthly.…

Q: How much more is a perpetuity of $2,000 worth than an annuity of the same amount for 10 years?…

A: Formula using here,  PV of perpetuity =Amountinterest rate =20004%=$50,000

Q: Determine the interest to be paid from a loan of $2900 borrowed at 4.5% compounded annually for 10…

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Q: What lump sum do parents need to deposit in an account earning 14%, compound monthly, so that it…

A: Compound interest: Formula : A=P 1+rnnt, where A is the amount P is the principal or the invested…

Q: What is the amount of interest of a loan 20,000 at 6% compound interest for 3 years?

A: We will find out the required value.

Q: Find the capital value of an office building for which annual rent of $50,000 will be paid in…

A: we have to find the capital value of an office building for which annual rent of $50,000 will be…

Q: What is the monthly payment on a 15-year mortgage of $200,000 at 6% interest? What is the total…

A: Let A be the monthly payment. r = interest rate per period = interest rate per month = 6% / 12 =…

Q: The annual interest rate on a credit card is 16.99​%. If a payment of ​$100.00 is made each​ month,…

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Q: Suppose you want to have $300,000 for retirement in 25 years. Your account earns 4% interest…

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Q: A man wishes to have P1,400,000.00 when he retires 15 years from now. If he can expect to receive 4%…

A: We will find out the required value.

Q: What lump sum of money must be deposited into a bank account at the present time so that ​$6,600 per…

A: Given that $6,600 per year can be withdrawn for 7  years, with the first withdrawal to start four…

Q: In order to accumulate enough money for a down payment on a house, a couple deposits $467 per month…

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Q: ou plan to withdraw $650 at the end of every 3 months, for 5 years, from an account that earns 6.4%…

A: NOTE: Refresh your page if you can't see any equations. . here we have PMT=650 n=4 for quarterly…

Q: to retire a bond of $100,000.00 in 5 years what amount needs to be deposites at 8%.

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Q: A contractor borrows $1,000 at 11.8% interest rate per annum to buy material for a job. The debt is…

A: Compound Interest Formulawhere A is the final amount after time t P is the initial investment R is…

Q: Assume that you make a quarterly payment of $750 into an annuity paying 9% interest compound…

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Q: prder to accumulate enough money for a down payment on a house, a c ch money will be in the account…

A: Introduction: The formula of the annuity is given by, A=R·1+rnnt-1rn Where r is the interest rate, t…

Q: In order to accumulate enough money for a down payment on a house, a couple deposits $459 per month…

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Q: Determine the interest to be paid from a loan of $8400 borrowed at 7.7% compounded annually for 125…

A: Information provided: Present value = $8,400 Time= 125 weeks Interest rate= 7.7%/52 = 0.1481% per…

Q: A homebuyer takes out a mortgage of $100,000 with an interest rate of 9%. What monthly payment is…

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Q: Marisa wishes to accumulate 20,000 by means of monthly deposits of 800 into a fund at the end of…

A: Here payments are done more frequently than the frequency of compounding so we need to first…

Q: Calculate the value gained from depositing 12 regular installments into a bank, as the amount of…

A: S = P × (([1 + i]n – 1) / i) × (1 + i). Here, S is the final amount of maturity. P is the amount…

Q: What annuity over a 10-year period at 8% interest is equivalent to a present worth of 100,000.00

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Q: How much loan will be extinguished for a monthly amortization of P4, 500.00 at 12% interest…

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Q: Find the present value of 9,000 at a simple interest rate of 7% in 18 years?

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