What are the future value and the interest earned if $3400 is invested for 6 years at 8% compounded quarterly? (Round your answers to the nearest cent.) future value   interest earned

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: What is the present value of $6,700 received 14 years from now using a 11% interest or discount…

A: Calculation of Present Value:The Present Value is $1,466.53.Excel Spreadsheet:

Q: Determine the accumulated value, after five years, of an investment worth ₱12,300.00 if the interest…

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

Q: What is the value today of receiving $8,000 at the end of each six-month period for the next four…

A: Periodic Payment (End of every 6 months) = $8,000 Interest Rate p.a. = 8% p.a. Six Month Interest…

Q: Given below are the future value factors for 1 at 6% for one to five periods. Interest is compounded…

A: The present value method is used to evaluate the different levels of investment projects. With the…

Q: $4200 is invested for 9 months at an annual simple interest rate of 12%. How much interest will be…

A: Simple interest is interest calculated on the principal investment, i.e no interest will be…

Q: Using Table 11-1, calculate the compound amount and compound interest (in $) for the investment.…

A: Information Provided: Principal = $8000 TIme = 4 years Nominal rate = 11% Compounding = Annually

Q: Complete the following using compound future value. (Round your answers to the nearest cent.)…

A: Here, Time period (NPER) = 15 years Principal amount (PV) = $16,300 Interest rate = 2% Compounded =…

Q: Compute the future value of annual payments of $1,000, paid for 4 years, using an interest rate of…

A: Future value can be defined as the future worth of the present cash flow that will be received from…

Q: Find the present value of $60,000 due in 3 years at the given rate of interest. (Use a 365-day year.…

A: Introduction: Future value due is $60,000 Number of years is 3 Interest rate is 2% per year

Q: 1.If money is worth 5% compounded semi annually, find the present value of a sequence of 12 semi…

A: 1) Interest rate (r) = 5% per annum = 2.5% semiannually Each payment (P) = P 450 Total payments (n)…

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: Calculate the present value when A=$26,000 , r=9% compounded quarterly, and t=30 years. Round to the…

A: The present value is the value of the sum received at time 0 or the current period. It is the value…

Q: If $650 is invested at 6% compounded (A) Annually, (B) Quarterly, (C) Monthly, what is the amount…

A:

Q: Using Table 11-1, calculate the compound amount and compound interest (in $) for the investment.…

A: An interest method in which current interest is computed by multiplying the interest rate by the sum…

Q: Find the simple interest on a $1600 investment made for 3 years at an interest rate of 8%/year. What…

A: Simple Interest: The amount earned on an investment at a given rate of interest at the end of the…

Q: Using Table 11-1, calculate the compound amount and compound interest (in $) for the investment.…

A: We will use the following formula: A = P 1+ r100n where A = Compounded Amount P = Principal r = Rate…

Q: What is the annual interest rate (APR) required for $22,500 to accumulate to $50,000 in 14 years…

A: Future value =Present value (1+r)n 14 years =28 semiannual period

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

A: Present Value of Annuity is that amount which was invested by the investor today for receiving the…

Q: If $200 is invested at 5% compounded quarterly, what is the interest earned after: a) 6 years,…

A: The formula used as follows: A=P1+rnn×t

Q: Complete the following using compound future value. (Use the Table provided.) (Round your answers to…

A: An individual shall be compensated for foregoing their current consumption in form of an extra…

Q: a) What would be the accumulated value of ₺ 5000 in a saving account at 8% per year for 4 years when…

A: Using Future value in excel.

Q: What is the future value of $400 deposited for one year earning an interest rate of 9 percent per…

A: Amount Deposited = $400Interest Rate = 9%Period = 1 year

Q: The income stream b = (1000, 1500, 2500, 4000) consists of payments made at the end of the next four…

A: The present value is calculated by discounting the cash flows at an appropriate discount rate for a…

Q: An investment of S6,560 earns interest at the rate of 5% and is compounded quarterly. What is the…

A: Investment = 6560 Interest rate = 5℅/4 = 1.25℅ per quarter N = 28 quarters (7 years)

Q: Using the following partial table of present value of $1 at compound interest, determine the present…

A: The present value method is used to evaluate the different levels of investment projects. With the…

Q: Using Table 11-1, calculate the compound amount and compound interest (in $) for the investment.…

A: We need to use following equation to solve this problem with the help of table given below Compound…

Q: Using Table 11-1, calculate the compound amount and compound interest (in $) for the investment.…

A: Given data; Principal = $ 8000 Period ( years) = 4 Nominal rate = 15% compounding frequency =…

Q: Compute the following with the data provided: (Show sufficient work with formulas used and all the…

A: The present value of the annuity is the current worth of a cash flow series at a certain rate of…

Q: Using Table 11-1, calculate the compound amount and compound interest (in $) for the investment.…

A: Compound amount= P(1+r)n Componding period = 4 years No. Of componding = 4 ( annually) Interest rate…

Q: What are the future value and the interest earned if $2800 is invested for 3 years at 8% compounded…

A: INTEREST RATE (8%/4) 2.00% PERIOD  (3*4) 12 PMT  0 PRESENT VALUE $2,800

Q: What is the difference in future value if $20,000 is invested at 5% over ten years, with one option…

A: Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: what is the future value of $6000 earning 18% interest, compounded monthly for 8 years. ( round your…

A: Present value =6000 interest rate =18% monthly interest =1.5% Period =8 years =96 months  Future…

Q: What is the present value of an investment at 6% annual simple interest if it is worth $832 in 8…

A: Future value (S) = $832 Time (t) =  8 months (8/12) Rate (r) = 6% (0.06) Simple interest (I) = Prt

Q: Calculate the present value of the following single amounts.   Future Value Annual Rate Interest…

A: Present Value =Future Value / (1+rate)^n Where, rate = rate of interest per period n = no. of…

Q: What is the present value of receiving $2,500 at the end of each year for 5 years, assuming 7%…

A: As it is the case of annuity due, thus, the first table will be used @7%, 5 years.

Q: What interest will be earned if $6500 is invested for 7 years at 10% compounded monthly? (Round your…

A: Compound interest is a method of calculating the interest to be paid for using the money lent in a…

Q: Consider an investment where $45,000 is invested for 15 years at 8% compounded continuously.   How…

A: Continues compounding is a limit that a compound interest can reach. It can be calculated through…

Q: What is the future value of $5,000 invested for 4 years at 7.5% interest compounded continuously?

A: Future value is what money invested today will become over a time at a rate of interest

Q: If an investment grew to $15,000 in 2 years and the interest amount earned was $1,000, calculate the…

A: Investment means engaging your funds to earn some additional money over the period. interest is a…

Q: Use the formula for computing future value using compound interest to determine the value of an…

A: The future value formula used to determine the value of given asset if amount of cash in future by…

Q: Using Table 11-1, calculate the compound amount and compound interest (in $) for the investment.…

A: Compound Amount = Principal Amount ×(1 + r)n where, r = Rate of Interest =(8/4 = 2% per quarter) N =…

Q: What is the future value of $1,500 invested today at 7% interest in 6 years with interest compounded…

A: In given question we need to compute the future value of $1500 invested today for 6 years at 7%…

Q: How much more could you have earned over a 10 year period if interest had compound annually?

A: Simple interst formula is I = P*R*T Where I is Interest,P is principle,R is rate of interest and T…

Q: Using the compound interest formula, calculate both the value of the investment and the interest…

A: Investment amount (PV) = $4000.00 Period = 5 Years Semi annual period (n) = 5*2 = 10 Interest rate =…

Q: Complete the following using compound future value. (Use the Table provided.) (Round your answers to…

A: Interest: It refers to the cost of borrowing money as a percentage of the principal.

Q: For a sum of 1,050 to triple itself in 8 years and 6 months, what must be the rate of interest…

A: Investment amount (PV) = 1050 Future value (FV) = 1050*3 = 3150 Period = 8 Years and 6 Months Semi…

Q: What is the future (compounded) value of $ 9500 invested for 4 years at r =%8.25 with quarterly…

A: Future Value: It represents the future worth of the present sum of money or present annual cash…

Present Value

Present value (PV) is defined as the current or present value of all future sums of cash flow or money at a specified rate of return. This rate of return is known as the discounted rate, which is essentially the interest rate, discounted over some time. The expected cash flows are discounted at a discount rate to compute the present value. The higher the discount rate, the higher the future value (FV), but the lower the present value.