A sum of P10,000 was invested now and left for 6 years, at which this time the principal is withdrawn. The interest that has accrued is left for another 12 years. If the effective annual interest rate is 15.8%, what will be the withdrawal amount at the end of the 18th year?

Q: What is the future value of $2,500 deposited at the end of each quarter year for 15 years earning 8%…

A: In the given question we need to compute the future value of $2500 deposited at the end of each…

Q: ABC Corporation has invested $2.5 million every 3 months in an investment which earns interest at…

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

Q: A debt of RM3,000 will mature in three years’ time. Assuming that the money is worth 14% compounded…

A: Present value = Future value / ( 1 + Periodic interest rate )Number of periods

Q: money is worth 7.3%, compounded quarterly?

A: Present Value of future cash flow means the cash flows discounted at a given rate of return. FV*…

Q: $4000 is invested for a period of 5 years at a rate of 8%, compounded every 2 months. What will be…

A: Future Value The future value is the amount that will be received at the end of a certain period.…

Q: how much more interest will be earned if $4500 is invested for 7 years at an annual rate of 11%…

A: Given information: Present value is $4,500 Number of years is 7 Interest rate is 11%

Q: P2000 is invested in a high interest account for one and half (1 1/2) years . the interest rate is…

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

Q: If the current rate of interest is 6% APR, what is the future value of an investment that pays…

A: Interest rate = 6% Payment every two years = AED 15,000 Future value period = 20 Years

Q: What is the present worth of P500 deposited at the end of three months for 6 years interest rate is…

A: The Present value of a future deposit is the present worth of that amount. The future amount can be…

Q: How much will $10,000 grow to in 3 years, assuming an interest rate of 9% compounded quarterly? What…

A: As you have asked a multiple subpart question, we will answer the first three subparts for you. To…

Q: A sum of P1,000 is invested now and left for eight years at which time the principal is withdrawn.…

A: We will use the concept of time value of money here. The concept says that money earns interest and…

Q: unt pays interest at a continuously compounded rate of .05 per year. Continuous deposits are made to…

A: Future value of compounding continuously can be calculated using exponential form of interest rate.

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: 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: If a sum of $3000 is borrowed for six months at 9 percent simple interest per year, what is the…

A: A method of computing interest amounts in which the compounding effect was not considered by the…

Q: What is the present worth of P5000 deposited at the end of every three months for 5 years if the…

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

Q: The maintenance expense on a machine is expected to be P75, 000.00 during the first year and to…

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

Q: How many years are required for P 1,000 to increase to P 2,000 if invested at 9% per year compounded…

A: Future value is obtained by compounding the present value using the appropriate rate of interest.

Q: If $6000 is invested in an account. After three years, the account has $7500 in it. If money is…

A: Question is based on the concept of Time value

Q: The maintenance cost in year 1 is $23000, increasing by 7% each year. What is the present worth of…

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

Q: If $19,000 is invested at 5% compounded quarterly, what is the amount after 9 years? The amount…

A: Given: Present value = $19,000 Interest rate = 5% Years = 9

Q: The present sum needed to provide for an annual withdrawal of $2,000 for 20 years beginning 5 years…

A: Annual withdrawal = $2000 Number of annual withdrawal = 20 Years First withdrawal = beginning of 5th…

Q: 1. A sum of P1,000 is invested now and left for eight years, at which time the principal is…

A: Given, The initially invested amount = P 1,000 Rate of interest = 5% Time period of initial…

Q: A sum of P1,000.00 is invested now and left for eight years, at which time the principal is…

A: The amount of withdrawal at the end of the 16th year will include the interest plus the…

Q: A sum of P1,000 is invested now and left for eight years, at which time the principal is withdrawn.…

A: Invested amount or principal amount is P1,000 Effective Annual interest rate is 5% Principal is…

Q: An investment of P50,000 is made at the beginning of each month for 5 years. How much will the…

A: The investment value can be calculated as future value of annuity due

Q: The present sum needed to provide for an annual withdrawal of $2,000 for 20 years beginning 5 years…

A: Annuity is a series of payments or withdrawals made at periodic intervals. The way this withdrawal…

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: If $ 30000 is invested at 8% interest per year, compounded continuously, how much will be in the…

A:

Q: 4. An amount of P3,000 is invested now and left for the 5 years at which time the principal is…

A: Future value can be calculated using FV (rate, nper, pmt, [Pv], [type]) Rate The interest rate Nper…

Q: A debt of RM3,000 will mature in three years’ time. Assuming that the money is worth 14% compounded…

A: Total debt = RM 3,000 Time period = 3 years  Interest rate = 14%

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: An amount, P, must be invested now to allow withdrawals of $1,000 per year for the next 15 years and…

A: Annuity means no. of payment which are made at equal interval and equal in size. Person gets…

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: If 5,000 shall accumulate for 10 years at 8% compounded quarterly, then what is the compound…

A: Given: Present value = 5000 Number of years = 10 The interest rate is: i'=in4=i44=0.084=0.02

Q: $14,000 is invested for 8 years at an annual simple interest rate of 16%. (a) How much interest will…

A: Note: It is considered that the given interest rate is simple interest rate as given in the…

Q: The annual amount of a series of payments to be made at the end of the next twelve years is P500.…

A: Answered:

Q: Five years ago, you entered into a 10-year investment with a simple interest of 4% per annum and a…

A: One time principal = P Simple interest for first 5 years (r) = 4% Compounded interest for next 3…

Q: The maintenance on a machine is expected to be P3,500, P7,000, P10,500, and P14,000 for the second,…

A: We will have to use the concept of time value of money which states that worth of money changes with…

Q: What sum must be invested now to provide an amount of OMR 18,000 at the end of 15 years if interest…

A: Present Value is the current value of the future stream of cash flows or sum of money at a specified…

Q: A company estimates that it must make annual investments of $ 53828 over a 23-year period after 4…

A: Step 1 The worth of a series of periodic payments at a future date, assuming a specific rate of…