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A: As posted two independent questions we are answering only first question kindly repost the…
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A: Future Value: The future value is the amount that will be received at the end of a certain period.…
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A: The deposit amount can be calculated with the help of future value of annuity due function
Q: How much of the financial goal comes from deposits and how much comes from interest?
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Q: the difference between the future values of a deposit accumulated for 15years at a rate of 9.5%…
A: Future value is the value of the current assets or some amount that is invested today and amount…
Q: Principal Rate (%) Time Interest $85,000 2; years 4
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Q: DiscountP9,000 for 9 months at a discount rate of 8%. A P8,460 B P6,740 © P 7,480 D P 8,670
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Q: Compute the rate (in%) for the loan. Round answers to the nearest tenth of a percent; use ordinary…
A: Interest = Principle * Interest Rate * time
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A: Future value of an annuity can be calculated using the FV Function in excel. Present value of an…
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A: Original amount is the present value and can be found out by calculating the present value of…
Q: periodic deposit at the end of each month if financial goal is 1,000,000 at 6 25% rate compounded…
A: Future value =1,000,000 Rate =6.25% Monthly rate = 0.0625/12 =0.52% Time =40 years So, monthly…
Q: Gold weight : 10 grams Total cost of gold : Rp. 8.764.262 Installments tenor : 24 months Prepaid…
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Q: Find the compound interest earned if PhP 52,738 is deposited in a bank at 3.7% compounded monthly…
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Q: much do ten P 6,945 quarterly payments amount nterest rate is 3 compounded quarterly if payments y…
A: In this we have to find present value FACTOR and than we can find present value.
Q: A- A person deposited $40,000 at a bank at an interest rate of 16% compounded quarterly. Find the…
A: Deposited amount= $40,000 Interest rate (r)= 16% Compounding Frequency (n)= quarterly Effective Rate…
Q: Find the interest rate for a $9000 deposit accumulating to $11,517.62, compounded quarterly for 9…
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Q: P25,000 was placed in a time deposit at 15.4%, m=12. Find the amount after 5 years.
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Q: Earl Miller deposited $25,000 at Y Bank at an interest rate of 12% compounded quarterly. The…
A: Interest rate (r) = 12% Number of compounding per year (m) = 4
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Q: Find the compound amount for the deposit. Round to the nearest cent. $1800 at 7% compounded…
A: Given, Principal =$1800 r=7% n=4 years
Q: néářést cent.) Frequency of payment Payment amount end of each Required Interest Length of time…
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A: Since you have asked multiple question, we will solve the first question for you. If you want any…
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A: The Future value is the future worth of the amount that will be paid or received at future.
Q: 2. If $100 is deposited in a bank at the beginning of each month for 10 years, what is the…
A: Computation:
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A: Since you have posted a question with multiple sub-parts, we will solve the first three sub-parts…
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A: Interest earned = Total amount received - Amount deposited or Interest earned = Amount deposited x…
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A: Solution:- When some amount is deposited, it earns some interest. The amount at the end along with…
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- Find the present value of the ordinary annuity. (Round your answer to the nearest cent.) Amount of Deposit m Frequency n Rate r Time t $100 quarterly 8% 30 yr $Find the present value of the ordinary annuity. (Round your answer to the nearest cent.) Amount of Deposit m Frequency n Rate r Time t $1100 annually 6% 17 yrIf the present value of an ordinary, 6-year annuity is $8,800 and interest rates are 9.5 percent, what’s the present value of the same annuity due? (Round your answer to 2 decimal places.) PV = $_______.__
- For each of the following situations involving annuities, solve for the unknown (?). Assume that interest is compounded annually and that all annuity amounts are received at the end of each period. (i = interest rate, and n = number of years) Present Value Annuity Amount i n1. ? $ 3,000 8% 52. $ 242,980 75,000 ? 43. 161,214 20,000 9 ?4. 500,000 80,518 ? 85. 250,000 ? 10 4 Sandy Kupchack just graduated from State University with a bachelor’s degree in history. During her four years at the university, Sandy accumulated $12,000 in student loans. She asks for your help in determining the…Use a calculator to evaluate an ordinary annuity formula A = m 1 + r n nt − 1 r n for m, r, and t (respectively). Assume monthly payments. (Round your answer to the nearest cent.) $100; 5%; 12 yr A = $If the present value of an ordinary, 7-year annuity is $6,500 and interest rates are 7.5 percent, what’s the present value of the same annuity due? (Round your answer to 2 decimal places.)
- Use a calculator to evaluate an ordinary annuity formula for m, r, and t (respectively). Assume monthly payments. (Round your answer to the nearest cent.) $20; 4%; 30 yr A = $Use Table 12-2 to calculate the present value (in $) of the annuity due. (Round your answer to the nearest cent.)Complete the table below by computing for the unknown component of a general annuity. PMT r t Payment interval Compounding period FV PV 1.P900 6% 6.25 yrs. Monthly quarterly ? 2.P1800 11% 8 yrs. Quarterly monthly ? 3.P500 5% 8 yrs. Monthly annually ?
- Find the value of the annuity and the interest. Round to the nearest dollar. A=P(1+r)t−1r A=P1+rnnt−1rn P=Arn1+rnnt−1 Periodic Deposit: $10,000 at the end of every three months Rate: 5.25% compounded quarterly Time: 12 nyearsAn annuity pays an amount of $102.00 each period for 11 periods, and the present value is $798.00. What is the discount rate/period of this annuity Explain in detailsuppose that $2700 is set aside each year and invested in a savings account that pays 8% interest per year, componded continously, part a: determined the accumuluated savings in this account at teh end of 25 yrs. part b: in part a,suppose that an annuity will be withdrawn from savings that have been accumulated at the EOY 25. The annuity will extend from teh EOY 26 to EOY 33, what is the value of this annuity if teh interest rate and componding frquency in part a do not change
