TB MC Qu, 04-01 X Year Future Value What is the... Four Years Future Value What is the future value of $4,000 deposited for four years earning 8% interest rate annually?Multiple Choice$4,000 51,442 $9, 442

Eng'g Economy: At 8% annual interest compounded quarterly, how long will it take to become a millionaire if you invest your money worth $120,000?

f you have only $750 on January 1, 2019, what interest rate, compounded annually for3 years, must you earn to have $1,000 on January 1, 2022?

If a person deposit 5500$ in his saving account for 6 years at interest rate of 9%. How much money he will get after 6 years, calculate the value using compound interest formula. Select one: a. 9450$ b. 9248$ c. 9224$

Find the future value and total interest of the annuity. ​(Round to the nearest cent as​ needed.)   Annuity type Periodic payment Annual interest rate Payment paid Years Ordinary annuity ​$2,100    6​% Quarterly 3   Future Value of $1.00 Ordinary Annuity Rate per period Periods ​0.25% ​0.50% ​0.75% ​1.00% ​1.50% ​2.00% ​2.50% ​3.00% ​3.50% ​4.00% 1 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 2 2.002 2.005 2.008 2.010 2.015 2.020 2.025 2.030 2.035 2.040 3 3.008 3.015 3.023 3.030 3.045 3.060 3.076 3.091 3.106 3.122 4 4.015 4.030 4.045 4.060 4.091 4.122 4.153 4.184 4.215 4.246 5 5.025 5.050 5.076 5.101 5.152 5.204 5.256 5.309 5.362 5.416 6 6.038 6.076 6.114 6.152 6.230 6.308 6.388 6.468 6.55 6.633 7 7.053 7.106 7.159 7.214 7.323 7.434 7.547 7.662…

You want to invest an amount today that will last for 5 years and allow you to withdraw $555 at the end of each 6-month period. You earn 4% APR compounded semiannually on your investment. How much do you need to invest today to achieve your goal?

Jed opened a savings account and deposited P900.00 as principal. The account earns 15% interest, compounded continuously. What is the balance after 9 years?

Determine the present worth of annuity consisting of 6 payments of 120,000 each payment are made at the beginning of each year. Money is worth to 15% compounded annually. What problem is all about? A. Ordinary B. Annuity due C. Deferred

1 a. Your company is buying a machine tool that costs $575,000. They will pay for the machine in equal payments every month for 8 years. The interest rate is 10% per year compounded monthly. What is the monthly payment?

A wind turbine is to be installed. There will need to be maintenance costs every 3 years beginning at the end of Year 5. The first maintenance costs is expected to be $80,000 and every year thereafter will increase by $15,000. Determine the Present Value of all maintenance costs with an interest rate of 11% and a life expectancy of 88 years. Calculate the effective 4-year interest rate during the maintenance period.