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A: Formulas: Future value = Present value *(1+rate)^years
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Q: necessary
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A: Note: I am supposed to provide the solution of first question only. Please repost the remaining…
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A: Under Compound Interest Method, Interest is accumulated with the principle.
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A: The computation of compound amount is as follows:Hence, the compound amount of loan is $16910.355.
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A: Quarterly deposit (D) = P 10,000 Period = 12 Years Number of quarterly deposits (n) = 12*4 = 48…
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A: use NPER function in excel. 1. Type =NPER and press tab key. 2. Type 10.6%/2, (this is the…
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A: Solution:- When an equal amount of payment is made each period at the beginning of period, it is…
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A: P= $25,000 Rate= 8% compounded annually Time= 5 year (annual payments)
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A:
Q: Calculate the present value of $5,000 received five years from today if your investments pay: 6…
A: Given:
Q: $750 at 6.5% for 5 years compounded annually
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A: The present value can be calculated with the help of time value of money function
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A: Hi There, Thanks for posting the questions. As per our Q&A guidelines, must be answered only one…
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Q: 5,100 invested for 9 years at 9% componded annually will accumulate to?
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A: Using excel PV function
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Q: A P35,000 debt is to be paid off in eight equal yearly payments, each combining an amortization…
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Q: 5. Determine the accumulated amount of an annuity consisting of 6 payments of P120, 000 each, the…
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Q: $25,000 is invested for 5 years with an APR of 3% and daily compounding.
A: Annuity = p ( 1+ r/n) rt Given Principle = 25000 N = 365 days T = 5 years R = 0.03
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A: Let the first payment = X Second payment = X + 1000 and so on n = 10 years r = 12% Loan amount (L) =…
5) $120,000; 8% compounded annually; 10 annual payments
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- A P35,000 debt is to be paid off in eight equal yearly payments, each combining an amortization installment and interest at 10% compounded quarterly. What should be the amount of each payment?$4,000,000 borrowed at 4% for 30 years, with quarterly paymentsWhat is the future value of a lump sum of $18,443 invested for 15 years at 3.2 percent compounded annually? $29,581.97 $348,092.67 $29,786.22 $400,306.57
- Find the compound amount if P5,000 is invested at 10% compounded semi-annuallyfor 2 years.$5,000 invested for 10 years at 9 percent compounded annually will accumulate to$25,000 is borrowed at an annual compound rate of 8%. The loan is repaid with 5 annual payments, each of which is $500 greater than the previous payment. How much of the 2nd payment will be a principal payment?
- $150,000 is deposited in a fund that pays 5% annual compound interest for 2 years, 3% annual compound interest for 2 years, and 4% annual compound interest for 2 years. If uniform annual withdrawals occur over the 6-year period, what will be the magnitude of the annual withdrawals? a. $27,689.63b. $28,614.29 c. $28,804.50 d. $29,552.62$140,000; 7% compounded annually; 10 annual payments Find the payment necessary to amortize the loan.To what amount will the following investment accumulate: $21,000 invested for 5 years at 5 percent compounded annually?