(4) Calculate the total amount of money that would be accumulated if an amount of money of GH¢ 6,000 is invested quarterly for 15 years at an interest rate of 22% per year compounded quarterly.

Q: Funds are deposited in a savings account at an interest rate of 8% per annum. What is the initial…

A: Annual interest rate = 8% Future value = P 10,000 Period = 10 Years

Q: 3. Find the compound interest and the amount if 30,000 is invested for 2 years at 6% compounded (a)…

A: Compound interest= (Principle *(1+ rate/12)^12* time period) - Principle Principle= 30000 rate= 6%…

Q: Find the amount at the end of 5 years if Php17,535 is invested at 2.45% compounded quarterly.

A: Future Value refers to the value of the current asset or investment or of cash flows at a specified…

Q: 3. If money is invested at 13% compounded quarterly, find the present value of P11,200 due at the…

A: Present Value :— It Means value of Money Or Cash Flow in today. It uses Time Value of Money Fir it's…

Q: 12. If Php5,000 shall accumulate for 10 years at 8% compounded quarterly, find the compounded…

A: GIVEN ÷ Present Amount = Php 5000 Time period = 10 years Interest rate = 8% compounded quarterly…

Q: Find the future value of RM1,000 which was invested for: (a) 4 years at 4% compounded annually. (b)…

A: You have posted a question with multiple sub-parts. We will solve only the first three sub-parts for…

Q: Find the time required for an investment of 5000 dollars to grow to 6700 dollars at an interest rate…

A: we have convert annual rate to quarter period interest and period into quarterly period also.

Q: Compute the present value of $199,500 that is invested for 6 years and 9 months at 2.45% compounded…

A: The present value is the value of the sum received at time 0. It is the current value of the sum…

Q: 2. If Php 80,000 is invested at the rate of 6-% compounded annually, when will it earn interest of…

A: Note: I am supposed to provide the solution of first question only. Please repost the remaining…

Q: Solve for the compound interest earned if 10,000 pesos is invested for  1-1/2 years at 8% compounded…

A: Compound interest refers to the interest calculation mechanism where the previous period interest is…

Q: 4. If P3,200 is invested for 1 year at 9% compounded monthly, what is the compound interest on the…

A: In this question, we are required to compute the compound interest.   Compound interest: Compound…

Q: Find the compound interest and the amount if 25,000 pesos is invested for 2 years at 6% compounded…

A:

Q: 3. When will Php 30,000 earn interest of Php 15,000 if it is invested at the rate of 7.5% compounded…

A: Time value of money concept says that a sum of amount invested today will have more value in future…

Q: suppose that $575.75 is invested in a savings account with an APR of 12% compounded monthly. What is…

A: Future value is the worth of the current amount in some future specified date at given interest…

Q: Draw a Cash Flow Diagram for P10,535 being loaned out at an interest rate of 12% per year over a…

A: Simple Interest per annum = Principle * Rate * Time = P10,535 * 12% * 1 = 1264.2   Cash flow diagram…

Q: should be invested now into an 8% per annum interest-bearing account, compounded ye

A: The given problem can be solved using PV function in excel. PV function computes present worth for…

Q: 1.If money is worth 5% compounded semi annually, find the present value of a sequence of 12 semi…

A: 1) Interest rate (r) = 5% per annum = 2.5% semiannually Each payment (P) = P 450 Total payments (n)…

Q: If $500,000 is to grow to $700,000 over a 5-year period, at what annual rate of interest must it be…

A: The present value is the value of the sum received at time 0. It is the current value of the sum…

Q: What is the present value of a $120,000 cash flow to be received at the beginning of each of the…

A: Amount  of Cash flow = $120000 at the beginning of the year Years(n) = 20 Annual rate(r) = 9%…

Q: What will an amount of $75 000 become in 5 years time if invested at                      4.15% p.a.…

A: Future value is the compounded value of a sum of money invested at a given interest rate for a…

Q: A company wants to deposit $500,000 per year in an investment which earns interest of10 percent per…

A: The value at the end of the 10 deposit is the future value of the first 10 deposits.

Q: at what interest rate will a principal of P9,500 accumulate to P15,000 in 2 years compounded…

A: Future value = Present value*(1+interest rate/k)^(n*k) where n = number of years = 2 k = compounding…

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: Suppose that $8000.00 was invested in a savings account that paid 2.5% interest compounded…

A:

Q: annual cash flow f

A: Annual cash flows refer to the income of the company before deducting any interest, taxes,…

Q: The amount received at 10% per annum compounded quarterly after 2 years is RM3,150. Then, find the…

A: The amount received after 2 given. The principal amount will be present value of amount received…

Q: What is the effective rate of interest

A: In this case first the quarterly interest rate would be calculated and from quarterly interest rate,…

Q: how many years is required for $3,000 to increase by $4,000 if interest at 14% compounded quarterly

A: Investment can be defined as depositing funds in an asset to earn a profit or interest. Interest is…

Q: What is the nominal rate of interest if Php12,000 accumulates Php30,000 in 10 years with interest…

A: Solution: Present value (PV)    12,000.00 Future value (FV)    30,000.00 Period (Nper) 40…

Q: If Php 5,000 becomes Php 9,734 after 12 years, when invested at an unknown rate of interest…

A: Future Value refers to the value of the current asset or investment or of cash flows at a specified…

Q: At what annual interest​ rate, compounded​ annually, must ​$520 be invested for it to grow to…

A: Initial amount (I) = $520 Future value (FV) = $1,908.44 Period (p) = 10 years Interest rate (r) = ?…

Q: Determine the total amount if P11, 500,000 is invested in 2 years, 5 months with interest rate of 13…

A: Time has been precious in all perspectives, however in terms of finance, the time has a monetary…

Q: How much would be the accumulated amount if P2, 047,000 is invested in 2 years 0, 2 months with…

A: In this question future value is to be find out. For future value present value 2,047,000 if given ,…

Q: What is the accumulated amount after 5 years of P7,500.00 invested at a rate of 10% per year…

A: As per the guidelines we are required to solve first question only when multiple questions are…

Q: What is the effective rate of interest if Php12,000 accumulates Php30,000 in 10 years with interest…

A: Solution: Present value (PV)       12,000.00 Future value (FV)       30,000.00 Period (Nper)…

Q: How much are the 2 million dollars received annually over the course of 25 years worth in terms of…

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

Q: If $5,000 is borrowed today and $8,955 is paid back in 9 years, what interest rate compounded…

A: Here, Borrowed Amount (PV) is $5,000 Paid Back Amount (FV) is $8,955 Time Period is 9 years

Q: Determine the total amount if P11,500,000 is invested in 2 years, 5 months with interest rate of 13…

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

Q: If the nominal interest rate is 3% of P5,000, how much worth in 15 years continuously compounded…

A: Investment (P) = P 5000 Interest rate (r) = 3% Period (t) = 15 Years Mathematics constant (e) =…

Q: How long will it take the money to double itself if invested at 16% compounded quarterly? In how…

A: Convert 16% compounded quarterly to its equivalent interest rate for annual interval. Here, 'r'…

Q: 2. Find the compound interest and the compound amount due at the end of 20 years and 7 months if…

A: Compound Interest Compound Interest refers to the interest generated on principal as well as on the…

Q: was invested now and left for 6 years, at which this time the principal is withdrawn. The interest…

A: The given problem can be solved using FV function in excel. FV function computes amount required in…

Q: How much would a company have to invest now in order to sufficiently provide for annual payments of…

A: Solution:- Calculation of the How much would a company have to invest as follows under:-

Q: Calculate, to the nearest cent, the future value FV (in dollars) of an investment of $10,000 at the…

A: Data Given: Principal (P)        = $10,000 Interest rate (r )  = 3% per year. Compounded quarterly =…

Q: Find the present value of P1,200 due in 3 years and 9 months if money is worth 10%, compounded…

A: Present value of annuity is the current value of the future payments that are calculated using the…