10. Miss Calledo deposited P 1,000, P 1.500 and P 2,000 at the end of the 2nd year, grd year and 4th year, respectively in a savings account which earned 10% per annum. How much is in the account at the end of the 4th year?

Q: 7. Sonia invested P 2,100 and left it for 9 years where the time in which the principal was…

A: The time value of money (TVM) becomes an important factor for capital budgeting decisions. It is an…

Q: hutshilo won R165 000 and decided to deposit 65% of this amount in an account earning 8,25% interest…

A: Future value is the value of current asset or investment at a future date. Future value is…

Q: Connie made deposits of $2,000 at the beginning of each year for four years. The rate she earned is…

A: Given:

Q: deposited $10,000 in an account paying 7% compounded annually. How much will the account be worth…

A: Time value of money (TVM) means that the amount of money received in the present period will have…

Q: how much would he have at the end of 3 years?

A: Time value of money(TVM) means that the present sum of money will have more value than the future…

Q: Looking for steps on how to solve it using: y=p(1+r/n)^nt

A: Introduction Future Value The value derived for the money invested today, based on the time value…

Q: 4. If $2,000 is invested in an account that earns 8.5% interest compounded annually for 5 years,…

A: Interest refers to the cost of borrowing funds or money from other parties. Interest usually is of…

Q: Ali invested 5000 Rials in a saving account that paid quarterly interest. After 6 years the money…

A: Solution: Calculating interest rate using future value and present value.

Q: A businessman deposited an amount of P6,000 in a savings account for 5months and 25 days at a rate…

A: Formula; Total Future Amount in savings= Principal Amount (1+r100) Given: Principal Amount,…

Q: Lennon invests $8500 in two different accounts. The first account paid 13%, the second account paid…

A: We need to Create Two equations here to solve this  We will assume that Amount invested in First…

Q: A man invested P1,000 per month on a bank that offers 6% interest compounded annually. How much can…

A: The Concept is of Annuity. Annuity is a series of fixed payments/receipts made at regular interval…

Q: 3. Mr. Ramirez borrowed P150,000 to be amortized in 2 years by monthly equal payments. If Mr.…

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

Q: 17. Gloria is saving $4,000 in a savings account that earns an interest rate of 3.1% compounded…

A: The future value is the future worth of the amount that will be paid or received in the future.

Q: A man deposited GH¢14100.00 at 8 % per annum compound interest. If at the end of 4 years, he…

A: given, pv= 14100 r1-4= 8% n = 7 r5-7= 12%

Q: Vhutshilo won R165 000 and decided to deposit 65% of this amount in an account earning 8,25%…

A: In this question we need to compute the accumulated amount after 5 years i.e. future value after 5…

Q: What will the total amount of an account be where I deposited $1000 per year earning 4 % annually…

A: The accumulated value of a series of payment can defined as the sum of future value of all cash…

Q: ted 16,8000 in a new savings account at 7% interest compounded seminannually. At the beginning of…

A: Amount in the saving account increases with time because with time interest goes on increasing.

Q: (a) Bill made deposits of $200 at the beginning of each month into a savings account for 12 years…

A: In compound interest, the interest earned is reinvested because of which we earn even more interest…

Q: Kelly deposits $1,000 in her savings account earning 4% per year. How much interest would she earn…

A: Deposit (P) = $ 1000 Interest rate (r) = 4% Period (t) = 1 Year

Q: How much money deposited at the end of each year in a savings account that pays 9 % per year ,…

A: An annuity is a series of regular payments made at regular intervals. It earns interest as and when…

Q: A woman deposited $10,000 into an account at her credit union. The money was left on deposit for 10…

A: Investment = 10,000 Total Time Period= 10 years First 5 years, 9% interest compounded monthly,…

Q: Assume that you deposit $1,000 in an account earning 5% simple interest for 3 years. What is the…

A: Given: Deposit = $1,000 Interest rate = 5% Years = 3

Q: 3. An individual makes 6 annual deposits of P2,000 in a savings account that pays interest rate of…

A: Future Value is used to determine the bank account balance after certain period in which deposited…

Q: MJ deposited 1,000, 1,500, and $2,000 at the end of the 2nd year, 3rd year and 4th year,…

A: The future value of deposits refers to the sum of the value of the deposits with the interest earned…

Q: Brian opened an RRSP account and deposited $3,300 into it. He then deposited $800 at the end of the…

A:

Q: Ali invested 5000 Rials in a saving account that paid quarterly interest. After 6 years the money…

A: answer : let us first not down the information given in the question initial investment = 5000…

Q: Mohammed deposited RO25,000 in a savings account at 9% interest compounded semi-annually. At the…

A: Future Value = Present Value * (1+r)^nWhere,r = rate of interest per periodn = no. of compounding…

Q: Who has a bigger balance at the end of 7 years?

A: Time value of money(TVM) is the money worth today will be more than that of the money received for…

Q: Heidi deposits $8,000 in a savings account that earns 4.5% compound interest. What is the estimated…

A: Given data; deposit amount = $8000 rate of interest = 4.5% future value = 2 * deposit amount…

Q: Engr. Salvador has to pay her bill in credit card in instalment basis. First payment is P50,000 at…

A: Calculation of total payment of Engr. Salvador after 10 years at the rate of 10% per annum: Payment…

Q: Kristina invests a total of $23,000 in two accounts. The first account earned an annual interest…

A: Given that: Total investment = $23000 Interest on first account = 12% Interest on second account =…

Q: Sonia invested P 2,100 and left it for 9 years where the time in which the principal was withdrawn.…

A: Compounding is a technique which is used to compute the future value (FV) of the present amount by…

Q: What lump sum should be deposited in an account that will earn 8% compounded every 4 months, to grow…

A: For solving this we need to calculate the present value of future using discount rate and period.

Q: Lesiba invests an amount of money in an a ount earning 13,88% interest per year, ompounded weekly.…

A: Amount invested = Future value * PVIF ( Weekly rate, Number of weeks )

Q: A person deposits $2750 in an account that yields 3.5% interest compounded annually. Set up a…

A: Deposit amount (D) = $2750 Annual yield (r) = 3.5%

Q: Crystal deposited $16,000 in a new savings account at 7% interest compounded semiannually. At the…

A: Future value is worth of an account at future date where amount gets added with interest with the…

Q: In this question the following formulae may be used: (1 + i)". – 1 FV = PMT- i PV = PMT!-(1+i)" i…

A: An annuity is a sequence of equivalent periodic cash flows over a particular time duration. An…

Q: 17. Brix invested P500,00.00 in a long-term savings account with an interest rate of 7.5% compounded…

A: Compound interest is referred as the interest which is calculated on principal amount which involves…

Q: Dave deposited P4,000, P4,500 and P5,000 at the end of the 2nd year, 3rd year and 4th year,…

A: Amount deposited in year-2 is P4,000 Amount deposited in Year-3 is P4,500 Amount deposited in year…

Q: A guy deposited P4,000, P4,500 and P5,000 at the end of the 2nd year, 3rd year and 4th year,…

A: Year 2 deposit = P4000 Year 3 deposit = P4500 Year 4 deposit = P5000 Interest rate = 0.09

Q: You deposited $250 in the bank for 5 years at 12%. If interest is added at the end of the year, how…

A: Interest is the addition in the value deposited in the bank. It can be simple or compound for the…

Q: The Martin family recently deposited $1,000 in a bank account that pays a 6 percent nominal interest…

A: Deposit amount (P) = $ 1000 Interest rate = 6% Monthly interest rate (r) = 6%/365 =…

Q: 31. tadori deposited Php 15,000 in the bank at 85 percent interest per annum. How much interest will…

A: Assumption: Interest needs to be calculated is the simple interest Given: Principal amount =Php…

Q: At the end of 3 years, what is the balance?

A: Time value of money (TVM) refers to the method or technique which is used to measure the amount of…

Q: Dave deposited P4,000, P4,500 and P5,000 at the end of the 2nd year, 3rd year and 4th year,…

A: Interest rate = 0.08 Year Deposit 2 4000 3 4500 4 5000

Q: A student has inherited $50,000. If it is placed in a savings account that earns 3% interest, how…

A: Compound Interest is calculated by multiplying the initial principal amount by one plus the annual…

Q: how much is Helen's deposit

A: Future value of a deposit is the net worth that a deposit will earn at a specified future date with…

Q: Juliana opened a savings account with $467. The savings account compounds the interest annually and…

A: Time Value of money :— According to this concept,  Value of money today is greater than value of…