1. Fatima now has $187. How much 5 points would she have after 6 years if she leaves it invested at 7.5% with annual compounding? *

Q: You have $300 to invest. If you put the money into an account earning 13% Interest compounded…

A: Following details are given in the question : Present value = 300 Time period = 8 years Interest…

Q: 2. Leah would like to double her $12,000 investment in 10 years. Assuming the interest is compounded…

A: Because you posted multiple questions, we will answer the first question only, for the remaining…

Q: Hannah wants to have $ 4500 to help pay for a new deck in 7 years. If she wants to put her money…

A: FV = PV * e^(rt)

Q: How much will I have 8 years from now, if I will invest P10,300 at the end of each three months for…

A: Future value is the worth of any asset or any sum of money at a future date when such asset or money…

Q: How much should Emmi expect to get after 5 years if she invest n$ 500.00 in today? this with an…

A: Investment = $ 500 Annual interest rate = 3% Period = 5 Years

Q: How much would Roderick have after 5 years

A: Time value of money means that the value of money received in the present will have more value…

Q: You want to invest a lump sum at 5% interest so as to have $100,000 in 20 years. If you find an…

A: The Present Value of a lump sum: The Present Value of a lump sum can be computed with the formula:

Q: 1. How much money will you have in an account after 16 years if your initial investment is $8300…

A: Compound interest is the interest calculated on both the principal amount as well as the interest…

Q: Ann invests $1000 today in an investment that has APR of 9.8% and is compounded monthly. How much…

A: 1) Future Value = Present value * (1+r)^n Where, r =rate of interest per period i.e. 9.8%/12 =…

Q: Mike Gordon wishes to have $80,000 in five years. If he can earn annual interest of 2%, how much…

A: Amount need to invest today = Amount required at the end of 5th year x PVIF (2%, 5 years)

Q: How much will I have 8 years from now, if I will invest $10398 at the end of each three months for…

A: The future value of the annuity is the total value of all the payments which is occurred regularly…

Q: Sue decides to start saving money for a new car. She knows she can invest money into an account…

A: According to time value of money, FV=PV×1+RMM×N Where, PV = present value R = rate of interest M=…

Q: Lea now has $2,000. How much would she have after 2 years if she leaves it invested at 2% with…

A: Compound interest is when the interest is charged on the principal amount as well as on the interest…

Q: 3. Kim's savings may allow her to withdraw PF 50,000.00 semi-annually for 5 years starting at the…

A: Compounding value and the present value concept of money accumulation is an important technique to…

Q: If you need P350,000 for a down payment on a house in 3 years, how much money must you invest today…

A: Present value: It can be defined as today’s worth of an investment that will be received in the…

Q: If you have $1,051.75 going into a long term savings account monthly, for 4 years, that pays and APR…

A: Here we can apply the principles, concepts and formula of time value of money to solve the question.…

Q: If a person spends $10 a week on coffee (assume $500 a year), what would be the future value of that…

A: In the given question we require to compute the future value.

Q: Elijah now has $500. How much would he have after 7 years if he leaves it invested at 5.1% with…

A: We will apply the formula of future value so as to find the amount of money that Elijah will have…

Q: roy gross is considering an investment that pays 7.6%, compounded annually. How muchwill he have to…

A: We need to use the concept of time value of money to solve the question. According to the concept of…

Q: Dr. Wellness has $14,000 invested at 5.1%. How many dollars more would he have to invest at 9.6% so…

A: Given: First investment = $14000 Rate on first investment = 5.1% Let second investment be = $X Rate…

Q: You deposit OR 17,000 each year for 10 years at 7%. Then you earn 9% after that. If you leave the…

A: A study that proves that the future worth of the money is lower than its current value due to…

Q: If you wish to accumulate $25,000 by the end of 5 years, how much would your annual payment be if…

A: The equivalent annual cost is the periodic payment made towards the acquisition of an asset or…

Q: After 3 and a half years, the value of Joey's investment is at $200 000. How much was his initial…

A:

Q: Tak wants to save $10 000 for a vacation. He deposits $150 at the end of each month for 4.5 years in…

A: Solved using Financial Calculator  PMT = +/- 150 N = 4.5 years *12 months = 54 I/Y = 8.7/12 = 0.725…

Q: Calculate the amount of money that must be saved at this time.

A: Formula for present value annuity is; PV = FV/(1+(r/n))nt Where as, PV = Present value FV = Future…

Q: you want to have $15,000 at the end of 5 years. if you can earn a return of 3.2% annually, how much…

A: given, fv= $15000 r=3.2% n=5 years

Q: In 6 years Dawn wants her current savings of $3700 to grow to $7300? What per annum rate, compounded…

A: Current saving (P0) = $3700 Future value after 6 years (FV) = $7300 Annual rate (r) = ? Period (p) =…

Q: suppose you are planning to buy a home in 8 years from now that costs you 47114 OMR, How much should…

A: Following is the answer to the given question

Q: man expects to receive ₱25,000 in 8 years. How much is hat money worth now considering interest at…

A: Given information: Future value 25,000.00 ₽ Time period 32 Interest rate 2.00%

Q: Goldberg planned to build a P1,500,000-house after 2 years. How much should be deposited in a…

A: Amount To be deposited now is Present value = Future Value/(1 + Interest rate)n Where , Interest…

Q: How much will I need to deposit into an account to have $6,500,000 in 10 years earning 5 %…

A: The provided information are: Future value (FV) = $6500000 Interest rate (r) = 5% Number of years…

Q: If your money is compounded at 12% interest monthly, you have to save _____ monthly to accumulate…

A: Here, Interest Rate (r) is 12% Required Accumulated Amount (FV) is Php 10,000 Time Period (n) is 2…

Q: An investment product offers a monthly rate of return of 5%. If Amy invests $1,000 today for this…

A: The concept of the time value of money states that the current worth of money is more than its value…

Q: a. You need $17,000 in five years but you only have $12,000 now. At what interest rate must you…

A: As per guidelines, I am supposed to answer 1 question at a time. As the question is not specifically…

Q: How much will I have 8 years from now, if I will invest P10,346 at the end of each three months for…

A: quarterly payments PMT = 10,346 quarterly rate (rate) = (1 + 6.9%/2)1/2 - 1 = 1.71% PV = 0 N = 3*4…

Q: you want to have $10,000 in 5 years and can earn 3.2% annually. How much must you deposit today to…

A: Given Information Future Value =$10,000 Time Period = 5 years Interest rate = 3.2% annually

Q: invest

A: Formula to calculate PV or amount to be invested now is: PV = FV/(1+r)^n Where PV is the present…

Q: Assume that you want to have $ 2650 saved in a sinking fund in 1 year. The account pays 4.5%…

A: Annuity from future value formula will be used to calculate annuity amount: Annuity is calculated…

Q: Assume that you want to have $ 4450 saved in a sinking fund in 1 year. The account pays 2%…

A: Future value of annuity = P * [ (1+r)^n  - 1 ] /r  Where, P = Periodic payment  r =rate per period…

Q: Alexander invests $5,000 at an interest rate of 1.4% per quarter. How much is the investment worth…

A: Future value is the value of the current assets or some amount that is invested today and amount…

Q: How long will it take for Michelle's investment to be worth $55,000 if she presently has $32,000 and…

A: In the given question we require to compute the time period from the following details: Present…

Q: How long will it take to double $1,000 if invested at 12.25% using annual compounding? а. 7.2 years…

A: This question require us to calculate the time period required to make the investment of $1000…