What is the rate compounded semi-annually that results in $625 accumulating to $1100 in 42 months?

Q: Compute the effective annual rates for the following:a. 2 percent compounded yearly.b. 2 percent…

A: Effective annual interest rate ( EAIR ) = [{1 + ( r ÷ n )} ^ n] - 1, r= interest rate n= period  a.…

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: At what nominal rate, compounded quarterly, would $15,000.00 have to be invested to amount to…

A: FV = PV * (1 + i/n)^(n * Years) Where FV = Future Value = $18276.04 PV = Present Value = $15000 i =…

Q: What is the future value in five years of $1,000 invested in an account with an APR of 10 percent,…

A: The FV of an investment refers to the combined worth of the cash flows of the investment at a future…

Q: Find the nominal rate that if converted quarterly could be used instead for 15% compounded…

A: Nominal rate with semiannual compounding = 0.15 or 15% Number of semiannual compounding in a year =…

Q: What would be the annual percentage yield for a savings account that earned $60.00 in interest on…

A: Annual Precentage Yield = (Annual interest / Principal amount ) x 100Note : 365 days = 1 year

Q: Which is better for the depositor: an account that yields 15% compounded monthly or 16% compounded…

A: Option 1 = 15% compounded monthly Option 2 = 16% Annually

Q: how much more interest will be earned if $4500 is invested for 7 years at an annual rate of 11%…

A: Given information: Present value is $4,500 Number of years is 7 Interest rate is 11%

Q: What is the effective annual rate of interest if $1100.00 grows to $1400.00 in four years compounded…

A: Principal amount (initial investment) (P)= $ 1100Future value of investment (FV) = $1400Number of…

Q: What is the accumulated sum of $200 a year for the next 15 years compounded annually at 7.5%?

A: Annuity referes to a series of regular payment for a definite period. If payments are made at the…

Q: For an investment that earns 11.0% compounded monthly for two years, how many compounding periods…

A: The period during which interest on an investment or loan is computed and added to the principal…

Q: What is the nominal rate if the effective rate is15.32% compounded semi-annually?

A: Effective annual rate (EAR) refers to a real interest rate which an investor is expect from his…

Q: What is the annual compounding rate per semester equivalent to 12.96% annually compounded monthly?

A: Given Information Annual rate =12.96% To find -Annual Compounding rate per semester equivalent to…

Q: How long will it take for P 1,000.00 to amount to P 1,346.00 if invested at 6 compounded quarterly?

A: Interest is the amount charged or received by investing or borrowing some amount. It can be simple…

Q: his question concerns an APY of 12%. a) what APR, compounded quarterly, yields this APY? b) what APR…

A: APY is the effective yield after considering the impact of compounding and APR is without…

Q: What is the rate (in %) compounded semi-annually if 132511 accumulates to $398053 in 9 years and 3…

A: Given, Amount deposited 132511 Amount accumulated 398053 Term is 9 years and 3 months which is 9.25…

Q: What effective rate is the equivalent to 15% compounded annually?

A: Effective annual Interest can be computed as follows. EAR = (1 + i/n)n – 1 Here i = Annual rate of…

Q: uiva 6 1264%

A: Given information : Effective rate = 6% Times of compounding = 4

Q: What is the effective annualized rate compounded continuously that is equivalent to 16.000% per…

A: Effective annual rate is the nominal interest rate being compounded for a given period of time, i.e.…

Q: need answer step by step

A: The correct answer is D. If the NPV of the project is positive, the IRR must be higher than the…

Q: What nominal rate per two-months is equivalent to an effective rate of 9.5% per year, compounded…

A: The nominal rate per two-months equivalent to an effective rate of 9.5% per year, compounded…

Q: What is the final amount of $2696 payable every three months for 5 years and 9 months, if money is…

A: Here, Quarterly Payment is P2696 Time Period is 5 years and 9 months Time Period in Quarters  (n)…

Q: How many quarters are needed for $2000 to accumulate an amount of $800 interest if it is compounded…

A: Principal amount =2000 interest =800 Future amount =2000+800=2800 interest rate =10% quarter…

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: How much will you accumulate if $200 per quarter is invested at a rate of 8% per year compounded…

A: The future value of the payment or amount is its value at the end of the maturity period which…

Q: years; find n (number of months) and i (rate per month). Write i in decimal form.

A: Given   r = R/100, so 12/100 = 0.12 t = Time Involved in years, 0.5 years is calculated as 6…

Q: At what nominal rate, compounded monthly, would 12,000.00 have to be invested to amount to 21,811.13…

A: Interest is the amount charged on a loan or investment. It can be calculated by simple interest or…

Q: If $1125.00 accumulates to $1248.19 in two years, six months compounded semi-annually, what is the…

A: The objective of the question is to find the effective annual rate of interest when the principal…

Q: If ​$956.00 accumulates to ​$1250.87 in three years, three months compounded monthly, what is the…

A: The real interest that an investor earns on the investment and a borrower pays on loan after…

Q: A sum of money invested at 2% per 6-month period (semiannually) will double in amount in…

A: The worth of today’s dollar at a future date is the future value of the dollar. For example, the…

Q: What is the FV of $1,000 in 15 years if it earns an annual rate of 9.5% quarterly compounded?…

A: FV means future value. It is the compounded value of a sum of money invested today. Money invested…

Q: At what nominal rate compounded monthly will payments of Php1,800 at the beginning of each month for…

A: The impact of compounding will be used here which is based on the time value of money. The…

Q: 3. What is the future value of $2500 after 78 months at 5.52% compounded semi- annually?

A: The future value (FV) is a financial concept that represents the projected worth of a sum of money…

Q: What is the future value of 24 periodic payments of $4,660 each made at the beginning of each period…

A: Given: Particulars Amount Payment(PMT) $4,660 Periods(NPER) 24 Rate 8%

Q: A person invests $1000 at 3% compounded monthly. When will the  account have $1800 in it?

A: Time value of money means the amount of money received in the present period will be worth more…

Q: If money earns 7.26% compounded quarterly, what single payment in three years would be equivalent to…

A: The future value of money refers to the monetary worth of an amount of money over time. It accounts…

Q: At what nominal rate of interest compounded quarterly will​ $300 earn​ $80 interest in six​ years?

A: Compounding interest A = P(1 + r/n)^nt A= Amount accumulated P = initial amount R= rate of interest…

Q: What should be the amount in an RRSP that is earning 7.00% compounded quarterly if it can be…

A: Present Value: The present value is the value of cash flow stream or the fixed lump sum amount at…

Q: What is the effective annualized rate compounded continuously that is equivalent to 16.000% per…

A: First, let's determine the effective annual rate (EAR) for a 16.000% per annum rate compounded…