A series of equal quarterly payments of $10,000 for 15 years is equivalent to what future worth amount at an interest rate o 5% compunded at the given intervals? A) quarterly B) Monthly and C) continuously.

Q: hat is the future value of 15 periodic payments of $26,000 each made at the end of each period and…

A: Future values of payments includes the principal payment and payment of interest and present value…

Q: What monthly payment is required over 8 years to equate with a future amount P90,000? Assume…

A: Monthly payment refers to the amount which is paid on a periodic basis. The period of monthly…

Q: Using 12 percent simple interest per year, how much interest will be owed on aloan of $500 at the…

A: Interest Rate(R) = 12 Loan Amount(P)=$500 Years(T) = 2

Q: A series of year end payment extending over ten years are as follows 5000 for the first year 10000…

A: N = 10 Payments: Year Payment 1 5000.00 2 10000.00 3 20000.00 4 20000.00 Interest rate…

Q: Find the present value of the following annuities: 500 payable semi-annually for 10 years if the…

A: Solution:- When an equal amount is paid each period, it is called annuity. Present value of annuity…

Q: What is the present equivalent of a uniform series of quarterly payments of $4,500 each for four…

A: Annual interest rate = 8% Number of compounding per year = 6 Effective annual rate = (1+0.08/6)6-1…

Q: Suppose that 15 monthly payments of 100 each are followed by 10 monthly payments of 150 each. The…

A: The future value of the annuity is the future worth of a cash flow series at a certain rate of…

Q: A sum of GH¢100 is to be paid at the end of each year for 20 years. The effective compound interest…

A: Hi There, Thanks for posting the questions. As per our Q&A guidelines, must be answered only one…

Q: If $82,000 is invested in an annuity that earns 5.8%, compounded quarterly, what payments will it…

A: Present value (PV) of the investment is $82,000, which would earn an interest rate (r) of 5.8%…

Q: What is the future werth of a series of equal monthly payments of $2,000 if the series extends over…

A: Future value is the value of an asset after a specific time period.

Q: Find the present value and future value in the given situation: Monthly payments of 3000 for 4…

A: Present value is the sum of money that must be invested in order to achieve a specific future goal.…

Q: Given an interest rate of 6.0 percent per year, what is the current value of a perpetual stream of…

A: Value of the perpetuity in 4 years will be = Annual amount / interest rate = $ 36,000 / 0.06 = $…

Q: Find the present value of $10,000 payable in 10 years if the interest rate is 5 percent per year…

A: Time value of money  Time value of money is a core principle of finance according to which money is…

Q: If $84,000 is invested in an annuity that earns 5.2%, compounded quarterly, what payments will it…

A: Investment (PV) = $84000 Interest rate = 5.2% Quarterly interest rate (r) = 5.2%/4 = 1.30% Period =…

Q: A series of equal semi-annual payments of $2200 for 3 years is equivalent to what present amount at…

A: Given, Interest rate = 12 % per annum. Semi-annual Interest rate =122 = 6 %. Time period = 3 × 2 = 6…

Q: A sum of money invested now at 10 percent compounded semi-annually is to provide payments of $1500…

A: Let the money to be invested now = X Semiannual payment (A) = $1500 Number of payments (n) = 16 r =…

Q: a series of 12 annual payments of $2400 is equivalent to three equal payments, one each at the end…

A: Present Value:  The present value is the value of cash flow stream or the fixed lump sum amount at…

Q: Find the future value of an annuity of P5,750 payable at the end of each quarter for 8 years if the…

A: Solution Annuity 5750 Period 8 years Number of annuity period =8*4 =32 Rate of…

Q: What is the future value of $100 quarterly payments for 5 years assuming a 15% interest rate…

A: Convert 15% compounded monthly to its equivalent interest rate for quarterly interval. Here, 'R'…

Q: A $13,000 loan is to be amortized for 10 years with quarterly payments of $414.98. If the interest…

A:

Q: If $86,000 is invested in an annuity that earns 5.6%, compounded quarterly, what payments will it…

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

Q: Suppose you deposit $4,000 at the end of each quarter for five years at an interest rate of 8%…

A: Given: The deposited amount is $4,000 for five years The interest rate is 8% Deposited quarterly…

Q: Find the present value of the following annuities: 100 payable every month for 5 years if the…

A: Present value (PV) also termed as current value refers to the sum of all future cash flow (CF) or…

Q: Find the present worth of a series of equal quarterly payments of 750.00 for 16 years with the first…

A: The annuity is considered as the periodic payment which is being compounding over the period of time…

Q: Find the present value of a simple perpetuity of P10,000 payable semi-annually if the interest rate…

A: The formula to calculate the present value of the growing annuity is  Present value of annuity due=…

Q: What will be the future worth of series of 15 annual $100 payments if the nominal annual interest…

A: An interest rate method in which current interest is computed by multiplying the interest rate by…

Q: Find the size of the quarterly payment if the interest rate is 8% compounded quarterly.

A: Compounded quarterly means Interest on the principal gets added back to the principal amount at the…

Q: Find the future value of an ordinary annuity of $500 paid quarterly for 8 years, if the interest…

A: Annuity refers to series of equalized payments that are made either start or end of definite…

Q: A series of equal quarterly payments of $25,000for 10 years is equivalent to what future worthamount…

A: Future value (FV) is the value of a current asset at a future date based on an assumed rate of…

Q: What single amount at the end of the fifth year is equivalent to a uniform annual series of $3,000…

A: Therefore, the future value at the end of 5th year is $27,624.66.

Q: Find a future value of an ordinary and annuity 300Paid quarterly for five years, if the interest…

A: If the interest is paid quarterly so the interest rate must be divided by 4 because in a year there…

Q: A series of equal quarterly payments of $5,000 for 10 years is equivalent to what future lump-sum…

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

Q: What cash payment is equivalent to making payments of ​$944.00 at the end of every six months for 9…

A: We need to use present value of annuity formula to calculate cash payment Cash payment(PV)…

Q: Given an interest rate of 12% per year, what is the present value of a perpetual stream of $1,000…

A: Present value of Perpetuity = Periodic amount/ rate of interest

Q: If $87,000 is invested in an annuity that earns 5.6%, compounded quarterly, what payments will it…

A: The interest rate is 5.6%, compounded quarterly. Interest rate per quarter is (5.6% ÷ 4) = 1.4%. The…

Q: Given an interest rate of 6.5 percent per year, what is the value at date t = 8 of a perpetual…

A: Annual interest rate = 6.5% Annual payment = $ 900

Q: What is the present worth of a series of equal quarterly payments of $5000 that extends over a…

A: A concept that implies the future worth of the money is lower than its current value due to several…

Q: What sum must be deposited today at 18 percent per year compounded monthly if the goal 5 years from…

A: Time value of money is one widely used by the management to evaluate the project and to determine…

Q: A series of equal quarterly payments of $6,000 for IO years is equivalent to what present amount at…

A: Formula used to compute present equivalent worth: Formula to compute effective interest rate:

Q: what present amount at an interest rate of 12% compounded annually?

A: A stream of equal cash flows paid or received periodically is termed as annuity. Annuity is either…

Q: If the interest rate is 9% compounded monthly, find the present value of 24 month payments of…

A: Interest rate is 9% Compounded monthly Amount of monthly payment is P1000.00 Time period 24 months…

Q: If the interest rate is 9.3% compounded continuously, what is the required quarterly payment torepay…

A: Interest rate= 9.3% compounded continuously Loan amount (P0)= $15,000 Period = 8 years Required…

Q: What is the future worth of a series of equal monthly payments of $2,000 if the series extends over…

A: Use the following formula to calculate the effective interest rate (EIR). Where i is the effective…

Q: If $80,000 is invested in an annuity that earns 5.3%, compounded quarterly, what payments will it…

A: The total number of years is 8.5. The total number of quarters will be (8.5 × 4) = 34. Interest rate…

Q: How much invested now at an interest rate of 10% compounded annuallywould be just sufficient to…

A: Present value is the current worth of the amount that is expected to be received in some future…

Q: A series of equal quarterly payments of $2,500 extends over a period of four years. What is the…

A: The present value of the annuity is the current worth of a cash flow series at a certain rate of…

Q: A $17,000 loan is to be amortized for 10 years with quarterly payments of $568.26. If the interest…

A: Loan amount = $ 17000 Period = 10 Years Number of quarterly payments = 10*4 = 40 Quarterly payment…

Q: What is the equal payment series for 8 years that is equivalent to a payment series of $15,000 at…

A: Given information:  Payment series: $15,000 Increasing amount: $1,500 Period: 10 years Interest…

Q: tỏ bê paid off by a payment of R2000 now, and two equal payments two consecutive years from the…

A: The time worth of money (TVM) is the possibility that cash you have now is worth more than the…