Calculate the future value (compound amount) on a loan of $38,260 at 8% compounded annually for 13 years.

Q: What is the size of the payments that must be deposited at the beginning of each 6-month period in…

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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: A student wants to save up to purchase a P105,000 property in cash at the end of 5 years. If he…

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Q: If $90,000 is invested in an annuity that earns 5.9% compounded quarterly, what payments will it…

A: Solution

Q: Find the future value. $1972 invested for 12 years at 4% compounded quarterly

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Q: What is the size of the payments that must be deposited at the beginning of each 6-month period in…

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Q: What is the size of the payments that must be deposited at the beginning of each 6 month period in…

A: Solve for periodic payment

Q: Calculate, to the nearest cent, the future value FV (in dollars) of an investment of $10,000 at the…

A:

Q: What is the size of the payments that must be deposited at the beginning of each 6-month period in…

A: From the given data

Q: 14. Jeanine plans to deposit $875 quarterly for 3 years, into an account. With an interest rate of…

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Q: 7. How much should you invest into an account with 3.2% interest compounded quarterly if you want to…

A: When the amount is withdrawn periodically, then the present value is given as here R = periodic…

Q: Calculate, to the nearest cent, the future value FV (in dollars) of an investment of $10,000 at the…

A: The objective is to calculate the future value of an investment of $10,000 at 1% per year,…

Q: A debt of $9000 is to be amortized with 10 equal semiannual payments. If the interest rate is 5%,…

A: Note that, here P = $9000, r = 0.05, and t = 5 years (since 10 equal semiannual payments).…

Q: Calculate, to the nearest cent, the future value FV (in dollars) of an investment of $10,000 at the…

A: Given an investment of $10,000 at the stated interest rate after the state amount of time. 1.5% per…

Q: Calculate, to the nearest cent, the future value FV (in dollars) of an investment of $10,000 at the…

A: P = present value = $ 10000 r = interest rate = 2 % = 0.02 n = number of compounding periods in a…

Q: 8. A loan of 67,000 pesos is to be amortized by paying quarterly in 1 year. If the money is worth…

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Q: Calculate the future value of an investment of $3,500, after one year, if it is deposited in a…

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Q: When must an obligation of P3,483 be made  to extinguish a loan of P3,000 which bears interest at 4%…

A: Let x be the number of days after which an obligation of P3,483 is to be made to extinguish a loan…

Q: Calculate the future value of an investment of $5,000 at 0.8% per year, compounded monthly, after 8…

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Q: How much is the original loan if semi-annual payments of $100,000 are used to repay it at 5%…

A: r= 5% A = amount to be paid =$100,000 P = original amount  t= 8 years

Q: If you take out a $99,000 30-year mortgage at 7.1% compounded monthly: a. What is your Monthly…

A: We are interesting in finding the monthly payment for a  $99,000 mortgage at 7.1 % for 30-year . Use…

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

A: *** This is the problem related to financial mathematics and we are advanced math expert and have…

Q: What is the size of the payments that must be deposited at the beginning of each 6-month period in…

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Q: man is disabled in an accident and wants to receive an insurance payment that will provide him with…

A: Given query is to find the total amount after 10 years with $1800 month,6% compounded monthly.

Q: Calculate, to the nearest cent, the future value FV (in dollars) of an investment of $10,000 at the…

A: Recall: Future value:    A= P1+rnntWhere , P is the principal value , r is the rate of interest , n…

Q: What is the size of the payments that must be deposited at the beginning of each 6-month period in…

A: To find - What is the size of the payments that must be deposited at the beginning of each 6-month…

Q: What is the size of the payments that must be deposited at the beginning of each 6-month period in…

A: We have given future value F.V.=$190,000.  Interest rate r=5.8%=0.058 Number of compounding periods…

Q: How much shoulda parent invest at the beginning, at 8% interest compounded quarterly, to withdraw $…

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Q: What is the size of the payments that must be deposited at the beginning of each 6-month period in…

A: At the beginning of each 6-month period in an account that pays 6.4%, compounded semiannually, so…

Q: In 6 years, Mrs. Fong must pay off a note with a face value of $14,000, and interest of 10% per…

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Q: Mustafa purchases an annuity due paying 8% quarterly. If his payment is $4511, how much will its…

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Q: 4. How much should be deposited in an account paying 7.5% interest compounded quarterly in order to…

A: Compound interest

Q: A man is disabled in an accident and wants to receive an insurance payment that will provide him…

A: Use the formula for the present value is given below A=P1−1+rn−ntrn...….(1) Here, P=$2500 Rate of…

Q: Find the future value of an annuity due with payments of $350 each year for 8 years at 4%,…

A: Use the formula for the future value of an annuity and substitute the given values.

Q: How much should a $10,000 facevalue, zero-coupon bond, maturing in 10 years, be sold for now if its…

A: Face value =$10000number of years, n=10rate of interest, r=8%=8100=0.08

Q: If a loan P120, 000.00 is to be amortized for 2 years at 12.5% interest compounded monthly, how much…

A: The monthly payment amount can be defined as follows:

Q: If $14,000 had been invested in the Fictitious Fund on June 30, 1995, then on June 30, 2005, the…

A: The future value of the initial investment P after t years when interest is compounded annually at…

Q: What is the size of the payments that must be deposited at the beginning of each 6-month period in…

A: Consider the given information.

Q: What is the future value of $12,000 invested in an account that pays 4.25% compounded quarterly for…

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

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

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Q: A young, investing-savvy artist plans to retire in 30 years and is planning to save $1,000 every…

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Q: Calculate, to the nearest cent, the future value FV (in dollars) of an investment of $10,000 at the…

A: Solution of question as follows

Q: In a certain account providing an interest rate of r compounded quarterly, P2,500 is deposited every…

A: P= 2500 Amount after interest =5200 interest rate of r compounded quarterly n=4/yr

Q: Suppose a state lottery prize is worth 7 million is to be paid in 10 payments of $700,000 each at…

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Q: A corporation established a sinking fund to discharge a debt of $150,000 in 7 years. If deposits are…

A: Total debt to be paid = 1,50,000$ in 7 years  Interest = 5.2% compounded yearly Amount of each…

Q: Assume that you want to have $ 3100 saved in a sinking fund in 1 year. The account pays 4.5%…

A: given, FV = $3100 N = 1 M =12 (monthly compounding) R =4.5%

Q: Calculate, to the nearest cent, the future value FV (in dollars) of an investment of $10,000 at the…

A:

Q: A $5,500 bond that carries a 3.00% coupon rate payable semi-annually is purchase years before…

A: We will find the required.