$13,000 is invested at 4.5% for 20 years, find the future value if the interest is compounded the following ways. (Round your answers to the nearest cent.) (a) annually $ (b) semiannually $ (c) quarterly $ (d) monthly

Q: In how many years is required for ₱2,000.00 to increase by ₱3,000.00 if interest at 12% compounded…

A: Given information: Present Value ₱2,000.00 Future value ₱5,000.00 Interest rate 6.00%

Q: If $5,000 is invested at an annual rate of 6.5% compounded continuously, the future value S at any…

A: Information Provided; Principal = $5000 Annual rate = 6.5% compounded continously

Q: terest, compounded monthly, for 2 years. Use the compound interest formula to calculate the compound…

A: In this we have to use future value formula to get future value.

Q: future

A: Formula for compound interest is: A = P[(1+r/n)^nt] Where A is the future value, P is the principal…

Q: If $17,000 is invested at 4.5% for 20 years, find the future value if the interest is compounded the…

A: Here, The future value is FV. The present value is PV. The rate of interest is r. The maturity…

Q: If $15,000 is invested at 3.5% for 20 years, find the future value if the interest is compounded the…

A: Since you have posted a question with multiple sub-parts, we will solve the first three sub-parts…

Q: The present value of $30,000 to be received in 5 years at an interest rate of 16%, compounded…

A: a)   Present value FV×(1÷(1+r)^n)         Here,         1 rate per annum 16.00% 2…

Q: If $18,000 is invested at 2.5% for 20 years, find the future value if the interest is compounded the…

A:

Q: A person buys a piece of lot for P110,000 down payment and 10 deferred semi-annual payments of P…

A: Present value of all payments is calculated by using discount rate factor and then multiplying the…

Q: What would be the future value of $7,992 invested annually for nine years beginning one year from…

A: future value formula: future value =A×1+rn-1r where, A=annuity r=rate of interest n=number of years

Q: What is the compound interest if $47,000 is invested for 10 years at 8% compounded continuously?…

A: The formula used as follows: A=Pert

Q: If 39600 dollars is invested at an interest rate of 9 percent per year, find the value of the…

A: Given: PV (Present Value ) =$39600Interest rate(i) =9% per yearNo. of years (n) =5 Abbreviation:FV…

Q: PLEASE, PERFORM THE EXERCISE IN EXCEL AND SHOW THE FORMULAS Problem 1 Find the final value (FV or…

A: Future Value(FV) or Final Value is the worth of current invested amount after certain period of…

Q: $3,000 is invested at 8%p.a compounding semi-annually for the first 3 years and at 13% p.a…

A: The compounding method is an important technique of the time value of money. The compounding…

Q: An investment of ​$2600 earns interest at 7.2 ​% per annum compounded quarterly for four years. At…

A: Compound interest is a method of calculating interest on the principal amount by considering the…

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 $17,500 is invested at an interest rate of 10% per year, find the value of the investment at the…

A: Present Value (PV)= $17,500 Interest Rate (r)= 10% per year Time period (n)= 5 years Future Value at…

Q: Find the time required for an investment of 5000 dollars to grow to 8700 dollars at an interest rate…

A: The time can be computed using excel as follows:

Q: or total yearly payments of $10000 for 10 years, compare the compound amount accumulated at the end…

A: Given information: Annual payments : $10,000 Time periods : 10 years Nominal Rate of interest : 20%

Q: You borrow $1,000,000 at 3% compounded semi-annually and will pay it off over bi-weekly (every two…

A: Installment is the amount of periodic payments a borrower has to make to its lender in order to pay…

Q: With an interest rate of 8% compounded semiannually, the value of a $1,000 investment after 10 years…

A: Investment amount (X) = $1000 Interest rate (r) = 8% per annum = 4% semiannually Duration (n) = 10…

Q: Find the accumulated value of an investment of $32,000 for 7 years at an interest rate of 4.2% if…

A: Value of investment = 32,000 Interest rate = 4.2% Time period = 7 years The value is compounded…

Q: How much must be invested at the beginning of each year at 11%, compounded annually, to pay off a…

A: The problem relates to ANNUITY DUE. Annuity due is an annuity whose payment is due immediately at…

Q: how many years is required for $3,000 to increase by $4,000 if interest at 14% compounded quarterly

A: Investment can be defined as depositing funds in an asset to earn a profit or interest. Interest is…

Q: Calculate the compound amount (in $) on an investment of $5,500 at 10% interest, compounded…

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

Q: If $33,500 is invested at 6.8% for 30 years, find the future value if the interest is compounded the…

A: Investment = $ 33500 Interest rate = 6.8% Period = 30 Years

Q: What is the difference in future value if $20,000 is invested at 5% over ten years, with one option…

A: Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: You borrow $1,000,000 at 3% compounded semi-annually and will pay it off over bi-weekly (every two…

A: Installment is equal periodic payments a borrower pays in order to pay back his loan over a period…

Q: What present value P amounts to $300,000 if it is invested at 5%, compounded semiannually, for 19…

A: PV  is Present value FV is Future value i.e. $300,000 r is Interest rate i.e. n is number of…

Q: Find the accumulated value of an investment of $10,000 for 3 years at an interest rate of 5.5% if…

A: Future value =Present value *(1+rateper period)^n

Q: If $18,000 is invested at 2.5% for 20 years, find the future value if the interest is compounded the…

A: Computation of future value:Excel spread sheet:

Q: The present value of $41,000 to be received in two years, at 12% compounded annually, is _____…

A: Presents value is the value of the investment in the present market. Future value = $41,000 r = 12%…

Q: If $35,500 is invested at 6.2% for 30 years, find the future value if the interest is compounded the…

A: “Since you have posted a question with multiple sub-parts, we will solve first three subparts for…

Q: If $13,000 is invested at 2.5% for 30 years, find the future value if the interest is compounded the…

A: ACCORDING TO THE RULE, WE WILL ONLY ANSWER THE FIRST THREE SUBPARTS, FOR THE REMAINING SUBPARTS,…

Q: (a) If $5,500 is invested at 1.35% interest, find the value (in dollars) of the investment at the…

A: Future Value: It refers to the future worth of the current amount and is computed by the product of…

Q: If $15,000 is invested at 3.5% for 20 years, find the future value if the interest is compounded the…

A: Since you have posted a question with multiple sub-parts, we will solve the first three sub-parts…

Q: Calculate if $10,000 is invested at interest rate of 12% per annum, what is the amount after 3 years…

A: The provided information are: Present value (PV) = $10,000 Interest rate (r) = 12% = 0.12 Number of…

Q: If 2,000 is invested at an interest rate at 8% compounded annually for 3 years, find the compound…

A: Interest means the extra amount which we received because of investment made and will be paid in…

Q: Complete the table by finding the balance A when P dollars is invested at rater for t years and…

A: Given information: P is $1500 Rate is 9.5% T is 9 years

Q: Find the future value of an investment of $9,000 if it is invested for five years and compounded…

A: Future value = Principal(1+Rate)n   Here, Principal = $9,000 Rate = 2% Semiannual Rate = 1% Time =…

Q: For total yearly payments of $10000 for 10 years, compare the compound amount accumulated at the end…

A: An ordinary annuity is a series of equal payments made over a period of time.  It has been…

Q: The present value of $42,000 to be received in two years, at 12% compounded annually, is (rounded to…

A: Answer:- correct Option is c. $33,482.

Q: Fill in the table below when P= $9,000, S= $3,000 (at the end of four years), and i 12% per year.…

A: Here, P or Investment is $9,000 S or Salvage Value is $3,000  Time Period is 4 years MARR or i is…

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

A: Data Given: Principal (P)        = $10,000 Interest rate (r )  = 3% per year. Compounded quarterly =…

Q: An investment of $2500.00 earns interest at 8.25% p.a. compounded monthly for 3 years. At that time…

A: Given,  Present value (PV) = $2,500 Rate of interest (r) = 6% Number of periods compounded quarterly…

Q: If $82,000 is invested in an annuity that earns 5.3%, compounded quarterly, what payments will it…

A: The question gives the following information: Present value=$82,000Rate=5.3%Time period=4.5 years

Q: Determine the present value of $320,000 to be received at the end of each of four years, using an…

A: Given information: Annual amount is $320,000 Interest rate is 6% Number of years is 4

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…