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A:
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- what amount today is equivalent to $10,000 four years ago, if money earned 5.5% compounded monthly over the last four years.Solve this accounting How much money should be invested in an account that earns 7.5% interest, compounded quarterly, in order to have P100,000 in 8 years?Is it more profitable to receive 7000 dollars now or 10000 dollars in 9 years? Assume that money can earn 4% interest compounded quarterly.
- Suppose you borrowed $15,000 at a rate of 10% and must repay it in 5 equal payments at the end of each of the next 5 years. How much would you still owe at the end of the second year, after you have made the second payment? A) 8,247.5 B) 10,855.8 C) 9,346.8 D) 9,840.4 E) 10,926.31) The buyer of a lot pays ₽10,000 every month for 10 years. If the money is 8% compounded annually, how much is the cash value of the lot?1. What is the accumulated amount after 5 years of P7,500.00 invested at a rate of 10% per year compounded quarterly? 2. How long will it take the money to double itself if invested at 16% compounded quarterly? In how many years are required for P3,000.00 to increase by P5,000.00 if it earns 12% compounded semi-annually?
- Suppose that $8000.00 was invested in a savings account that paid 2.5% interest compounded quarterly. How much interest would be earned after 3 years?i want to know the value in 8 years of $100,000 deposited in an account. the amount is earning 12% compounded monthly?5. Determine the amount to be invested at 8%, compounded annually, in order to have $10,000 in 4 years?
- 5How much money will be required four years fromtoday to repay a $2000 loan that is made today (a)at 8% interest, compounded annually? (b) at 8%simple interest? include a cash flowIf $600 is invested in an account earning 2.75% compounded continuously, how much would be in the account after 5 years?How much money should be invested in an account that earns 9.5% interest, compounded monthly, in order to have ₱30,000 in 5 years?
