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

A student is buying an automobile that costs $12,000 and she will borrow the money from a bank, and pay the loan off in five annual instalments. At 15% interest rate, what is the installment amount ? Prepare a cash flow diagram to represent this situation. $12000 15% 5 years 0 1 2 3 4 A A A A A

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$

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What value of T makes these two cash flow diagrams (see figure) economically equivalent at 15% annual interest? (Show your complete solution)

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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?

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…