5. Find the amount to the nearest dollar if you have $1,000 compounded Semiannually at... (a) ...4% over 2 years (b) ...4% over 5 years (c) ...4% over 10 years

Q: What is the accumulated value of periodic deposits of $40 at the beginning of every quarter for 22…

A:

Q: Suppose a state lottery prize of $6 million is to be paid in 20 payments of $300,000 each at the end…

A: topic - geometric sequence

Q: Suppose mr. Sison would like to save P5,000 every month in a fund that gives 9% compounded monthly.…

A:

Q: Find the effective annual yield to the nearest hundredth of a percent for an account paying 2%…

A: For compounded monthly, n=12

Q: Find the future value of the indicated principal 30000 at 8% compounded annually for 10 years

A: To find: The future value of the amount 30000 at 8% compounded annually for 10 years. Given: The…

Q: 3. A monthly deposit of P2,000.00 was made at 12% compounded semi annually. How many years will the…

A: Hi, since you have asked multiple questions, we will solve the first question for you. If want any…

Q: A business must raise $70,000 in 5 years. What should be the size of the owners' quarterly payment…

A: Given : Amount to be raised = A = $70,000 Interest Rate = 0.03 Time period = 5 years n = compounding…

Q: Manhattan Island is said to have been bought from the Indians by Peter Minuit in 1626 for 24…

A: we have to find the compound interest annually with the given formula A(t)=P1+RNNT Where, A = Amount…

Q: To help pay for an estimated $35000 in college expenses, parents make a deposit into a college fund…

A: To help pay an estimated $35000 in college expenses, parents make a deposit into a college fund at…

Q: If $80,000 is invested in an annuity that earns 5.8%, compounded quarterly, what payments will it…

A: Step:-1 Formula for annuity PV=P×1-(1+R)-nR Here, PV = present value, P= each payment value, R =…

Q: A borrower had a loan of $20,000.00 at 6% compounded annually, with 12 annual payments. Suppose the…

A: Given information Loan amount P=$20,000 Interest rate r=6% compounded annually ⇒r=6100=0.06 As loan…

Q: With a present value of $130,000, what is the size of the withdrawals that can be made at the end of…

A:

Q: A borrower had a loan of $30,000.00 at 6% compounded annually, with 6 annual payments. Suppose the…

A: Given Total amount P=30000Rate r=6%=0.06Annual payment n=6Time t=3 year

Q: How much should Michelle have in a savings account that is earning 4.50% compounded quarterly, if he…

A: interest rate = 4.05% = 0.0405 rate at quarterly = 0.0405/4 = 0.010125 duration = 8 year  compunded…

Q: Consider a newlywed who is planning a wedding anniversary gift of a trip to Canada for her husband…

A: "Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: What amount must be set aside now to generate payments of $30,000 at the beginning of each year for…

A:

Q: How much must be deposited now to withdraw $4,000 at the end of each year for 20 years if interest…

A: Calculate the present value of an ordinary annuity by using tables use the following steps. Step 1.…

Q: 3. If P500,000 is deposited at a rate of 11.25% compounded monthly, determine the compounded…

A:

Q: Find the principal needed to get $600 after 2 years at 4% compounded quarterly.

A:

Q: A borrower had a loan of $50,000.00 at 6% compounded annually, with 7 annual payments. Suppose the…

A:

Q: A business must raise $60,000 in 7 years. What should be the size of the owners' quarterly payment…

A: NOTE: Refresh your page if you can't see any equations. . here we have FV=60000 t=7 years r=4%=0.04…

Q: Find the amount needed to deposit into an account today that will yield pension payments of $30,000…

A: The compound interest formula is,

Q: What is the accumulated value of periodic deposits of $4,000 made into an investment fund at the…

A:

Q: Find the amount needed to deposit into an account today that will yield pension payments of $25,000…

A: Given:  The amount deposited today will yield pension payments of $25,000 at the end of each of the…

Q: A man inherited a regular endowment of ₱ 100,000 every end of 3 months for n years. However, he may…

A: Given Amount A=P100000period n=n years=4n quarters.i=14%=14100×14=0.035 quarterly

Q: With a present value of $140,000, what is the size of the withdrawals that can be made at the end of…

A: To find - With a present value of $140,000 what is the size of the withdrawals that can be made at…

Q: What is the accumulated value of periodic deposits of $3,500 made into an investment fund at the…

A: Given: $3,500 made into an investment fund at the beginning of every quarter, for 7 years, if the…

Q: With a present value of $150,000, what is the size of the withdrawals that can be made at the end of…

A: given: Pv=150,000 n=10 r=6.3% compounded quaterly

Q: A business must raise $50,000 in 8 years. What should be the size of the owners' quarterly payment…

A: Consider the provided question, given that, Amount (A) = $50,000 time(t) = 8 years rate of interest…

Q: Suppose Mr. Chui would like to know the present value of his monthly deposit of P4,500 when interest…

A:

Q: Suppose a state lottery prize of $4 million is to be paid in 5 payments of $800,000 each at the end…

A:

Q: A business must raise $80,000 in 5 years. What should be the size of the owners' quarterly payment…

A: Given that  future value 80000 Time period 5 years  Interest rate 3%  To find the present value

Q: By the conditions of a will, the sum of P25,000 is left to a girl to be held in a trust by her…

A:

Q: 9. In order to have P1 million in a fund at the end of 15 years, how much must be deposited in the…

A: Solution

Q: A business must raise $80,000 in 8 years. What should be the size of the owners' quarterly payment…

A:

Q: How much should Chad have in a savings account that is earning 2.75% compounded monthly, if she…

A: According to the problem, we have

Q: A business must raise $90,000 in 6 years. What should be the size of the owners' quarterly payment…

A: According to the given information, Amount expected in future = $90000 There are four quarters in a…

Q: A student takes out a college loan of $8000 at an annual percentage rate of 4%, compounded monthly.…

A:

Q: Find the principal to get $1000 after 2 years at 6% compounded quarterly?  Round to nearest cent.

A: It is given that, the amount after 2 years is A = $1000, n = 4 since compounded quarterly, r = 0.06.…

Q: Suppose a state lottery prize of $6 million is to be paid in 20 payments of $300,000 each at the end…

A: Formula:

Q: Suppose a state lottery prize of $9 million is to be paid in 25 payments of $360,000 each at the end…

A:

Q: Find the accumulated value of an investment of $15,000 at 7% compounded semiannually for 3 years.

A:

Q: Calculate the amount of money Cynthia had to deposit in an investment fund growing at an interest…

A: To find out the amount of money that Cynthia has to deposit.

Q: What lump sum do parents need to deposit in an account earning 7% compounded monthly, so that it…

A: For compunded monthly, we have take n value as 12.

Q: A trust fund needs to deposit an amount of money at 5.6% compounded quarterly for withdrawing 10,000…

A: Given A trust fund needs to deposit an amount of money at 5.6% compounded quarterly for withdrawing…

Q: A business must raise $90,000 in 5 years. What should be the size of the owners' quarterly payment…

A: givenAmount (A)=$90,000number of years(n)=5 yearsrate (R)=3%size of the owner's quartely paayment…

Q: A student takes out a college loan of $6000 at an annual percentage rate of 3%, compounded monthly.…

A:

Q: Find the accumulated value of an investment of $20,000 at 12% compounded semiannually for 8 years.…

A: