Complete the following using compound future value. (Use the Table provided.) Time Principal Rate Compounded Amount Interest 6 months $15,000 6 % Semiannually
Q: What is the present value of $1,150 deposited at the end of each quarter year for 12 years earning…
A: Calculation of Present Value:The present value is $38,124.16.Excel Spreadsheet:
Q: If the single payment present worth factor for 10 years is 0.30656. Determine the interest rate…
A: The present factor is the present value of $1 that has to be received/paid in the future.
Q: Compute the compound amount and the interest on a loan of $10,600 compounded annually for six years…
A: Given: Loan = $10,600 Interest rate = 8% Years = 6
Q: Determine the present value of an Annuity Php 1,000.00 for 25 quarterly installment that will start…
A: The present value of the annuity is the current worth of a cash flow series at a certain rate of…
Q: The future value of $7,000 deposited today and compounded semiannually at an 9% annual interest rate…
A: The present value method is used to evaluate the different levels of investment projects. With the…
Q: annual, semiannual, and quarterly compunding periods, (1) calculate the future value i f$4000 is…
A: Future value can be computed using FV function in excel. FV function computes interest rate for…
Q: Given below are the future value factors for 1 at 6% for one to five periods. Interest is compounded…
A: The present value method is used to evaluate the different levels of investment projects. With the…
Q: Assume that you want to buy a house and have to borrow $80.000 over a term of 25 years. The annual…
A:
Q: se the appropriate compound interest formula to compute the balance in the account after the stated…
A: Given information : Investment amount $26,000 Time period (years) 7 Interest rate (Annual) 2%
Q: Find the cash equivalent of an item that was purchased for P1,900 down payment and P350 at the…
A: The time worth of cash (TVM) is the idea that cash you have now is worth more than the…
Q: Calculate the future value after 3 years if $1,000 is deposited at 1.2% interest compounded monthly.
A: Calculate the future value after 3 years if $1,000 is deposited at 1.2% interest compounded…
Q: Determine the future value of $10,000 under each of the following sets of assumptions: Interest…
A: Future value: It is the value of money or asset for a specific period at a future date based on rate…
Q: $39,000 is deposited for 2 years in an account earning 6% interest. (Round your answers to two…
A: The present value (PV) is $39,000. The number of compounding periods (n) is 8 (2 * 4). The quarterly…
Q: If the accumulated amount is P7500 at 9% compounded monthly. Calculate the principal amount after 2…
A: Compound Interest is the addition of interest to the principal sum of a loan or deposit. In other…
Q: Find the amount at the end of 5 years and 4 months if P8,000 is invested at 93% compounded…
A: Invested amount is P8,000 Interest rate is 93% compounded quarterly Time period is 5year and 4…
Q: Compute the future value of annual payments of $1,000, paid for 4 years, using an interest rate of…
A: Future value can be defined as the future worth of the present cash flow that will be received from…
Q: 1. What is the accumulated value of the Php 25 payment be made at the beginning of each of the next…
A: The same amount is being paid annually over three years; this is an annuity. To find the future…
Q: A loan of $6000 at 6% is compounded semiannually for four years. Find the future value and compound…
A: Future value: This is the amount of present value accumulated or compounded at a rate of interest…
Q: Calculate the future value and the compound interest of PHP 20,500.00 corresponding to each of the…
A: Future value of the company would be considered as the value determined with the interest rate…
Q: Use the formula for computing future value using compound interest to determine the value of an…
A: Deposit amount (P) = $ 12000 Period = 5 Years Number of quarterly period (N) = 5*4 = 20 Annual…
Q: Find the total amount of interest to the nearest cent if the interest s comounded annually. $2750 at…
A: Principal amount (P) = $ 2750 Interest rate (r) = 8% Period (n) = 2 Years
Q: Copy of Find the amount at the end of 3 years and 10 months if P3,000 is invested at 89% compounded…
A: Future value can be referred to as the value of an underlying asset or security at a future date.…
Q: Determine the present value on July 7 of Php 6 800 paid at the end of each subsequent calendar…
A: Compound interest accrues at a rate determined by the regularity of compounding, with the greater…
Q: Same as $35,245 to be accumulated in 6 years; quarterly payments of $1300 ..... The interest rate…
A: Given information : Amount to be accumulated $35,245 Time period (years) 6 Quarterly…
Q: Complete the following table: First Payment…
A: Selling price = $ 130,000 Down payment = $ 6000 Amount mortgage (PV) = 130,000-6000 = $ 124000 Rate…
Q: Determine the present value of the following cash flows; P4,000 at the end of 4th month and every…
A: Given information= P4000 at the end of 4th month and every month thereafter till the 12th Month…
Q: Find the nominal rate which when compounded semiannually and applied to a P50,000 principal will…
A: Let us note the given.Principal P = 50,000Interest I = 5000Amount A = P+I = 50,000 + 5000 =…
Q: Complete the following using compound future value. (Use the Table provided.) (Round your answers to…
A: An individual shall be compensated for foregoing their current consumption in form of an extra…
Q: Determine the interest earned after 10 years if $200 is invested in each of the following accounts:…
A: Future Value = Present Value * (1+r)^n Where, r = rate of interest per period i.e. 5.40%/12 = 0.45%…
Q: Directions: Find the present value P and future valueF of the following ordinary annuities. Write…
A: Using excel PV and FV Function
Q: A loan of P 58,000 with interest at 20% compounded quarterly, will be paid by equal periodic…
A: Quarterly Compounding: It is interest amount that is earned quarterly on an account. It mean…
Q: Calculate the compound amount when $7000 is deposited in an account earning 9% interest, compounded…
A: Given information: Present value is $7,000 Rate of interest (r) is 9%, compounded quarterly Number…
Q: 1. For each of the following, calculate the interest rate per compounding period (i): a. 4% per year…
A: A compounding period refers to the time period from when the interest was compounded lastly to the…
Q: What is the (a) present value and (b) compound interest earned for 3 years and 9 months of P84,500…
A: Given, The future amount is P84,500 Rate is 20% Term is 3 years and 9 months
Q: calculate the principal sum which, if deposited at 9.5% compound interest, will grow to £400 after…
A: Interest rate (r) = 9.5% compounded Future value (A) = £400 Time (n) = 3 years Principal (P) = ?
Q: Use the compound interest formula to compute the balance in the following account after the stated…
A: We need to use compound interest formula to calculate balance in the account after 14 years A…
Q: Calculate the present value of the following single amounts. Future Value Annual Rate Interest…
A: Present Value =Future Value / (1+rate)^n Where, rate = rate of interest per period n = no. of…
Q: Suppose that $3000 is deposited in a saving account at the rate of 8% per year. Determine in details…
A: Given data, Principal (P) = $3000 Interest rate (r) = 8% per year…
Q: Compare the interest earned by P dollars at i% per year simple interest with that earned by the same…
A: Time value of money- It is based on the concept that money earned today is worth more than similar…
Q: Complete the following using compound future value. Time 2 years, Principal $15,000, Rate 8%,…
A: Future value: This is the amount of present value accumulated or compounded at a rate of interest…
Q: Find the present value of a $400 payment received each six months for 3 years. Interest is 4%,…
A: In the given question we require to calculate the present value of payments received each six months…
Q: You deposit $300 in an account earning 5% coumpound interest for 4 years. Find the future value and…
A: The future value is the amount that will be received at the end of a certain period. In simple…
Q: omplete the following using compound future value. (Use the Table provided.) (Round your answers to…
A: We need to use future value table to solve this problem or you may use this formula Amount=Pv(1+r)n…
Q: WSS Financial is paying 9% interest compounded monthly. Find the future value of P60,000 deposited…
A: Given, The quarterly payments P60,000 Number of years is 4. Rate of interest is 9% compounded…
Q: CalculatorDetermine the present value of $43,000 to be received in one year, at 6% compounded…
A:
Q: Complete the following using compound future value. Time 13 years, Principal $16,800, Rate 2%,…
A: The amount that a present investment will gain in value over time when kept in a compound interest…
Q: Complete the following using compound future value. (Use the Table provided.) (Round your answers to…
A: Interest: It refers to the cost of borrowing money as a percentage of the principal.
Q: A certain sum of money is invested at 2 years at 12% compounded quarterly. If the sum is P43,000,…
A: Present value is equivalent value of money that is today of the future money to be received based on…
Complete the following using compound future value. (Use the Table provided.)
|
Trending now
This is a popular solution!
Step by step
Solved in 3 steps with 6 images
- What excell formula is used to determine APR when given present value and future value. It has to be determined for one year when compounded (1) semiannually and (2) monthly(a) find and (b) interpret the present value that will generate the given future value $3758 at 11 7/8% compounded monthly for 17 years and 7 months.Complete the following using compound future value. (Use the Table provided.) (Round your answers to the nearest cent.) Time Principal Rate Compounded Amount Interest 12 years $15,000 3 1/2 % Annually
- Compute the nominal rate of intrrest at which $980 deposited at the end of eaach month quaretly for 11 years and 9 months will amount to $34000.00Complete the following using compound future value. Time 2 years, Principal $15,000, Rate 8%, Compounded quarterly. What is the amount? What is the interest?Using the formula for the time value of money, if a sum $15,000 is invested for one year at 10% interest compounded quarterly, the future value of that money is: a. $16557 b. $16600 c. $16500 d. $18000
- Whatiseachofthefollowinginvestmentsworthtodayassuminganannualdiscountrateof 7%? A£900one-yeartermloanforastart-upcompany(withinterestpayableattheendof one year) and priced at 12 month LIBOR with a margin of 150 basis points where 12 month LIBOR is 3.5%.Using annual, semiannual, and quarterly compunding periods, (1) calculate the future value i f $10,000 is deposited intially at 8% annual interest for 8 years , and (2) determine the effective annual rate (EAR)Using annual, semiannual, and quarterly compunding periods, (1) calculate the future value i f$4000 is deposited intially at 8% annual interest for 7 years , and (2) determine the effective annual rate (EAR)
- Complete the following using compound future value. Time 13 years, Principal $16,800, Rate 2%, Compounded annually. What is the amount? What is the interest?Determine the future value of $10,000 under each of the following sets of assumptions: Annual Rate Period Invested Interest Compounded1. 10% 10 years Semiannually2. 12 5 years Quarterly3. 24 30 months MonthlyAlendingcompanyoffersaloanworthPhP24,000withasimpleannualinterestrateof10%foratermof 6 months and to be done in six equal monthly payments. What is the annual percentage rate?