Finance. Suppose that $7,600 is invested at 3.9% annual interest​ rate, compounded monthly. How much money will be in the account in​ (A) 8 ​months? (B) 7 ​years?

Q: Suppose an investment will pay $19,000 in 16 years from now. If you can earn 10.15% interest…

A: Given information: Future value of investment is $19,000 Number of years is 16, Interest rate is…

Q: Suppose an investment will pay $25,000 in 39 years from now. If you can earn 11.05% interest…

A: Calculate the present value as follows: Present value = Future value / (1+rate)^years.

Q: The amount of money that needs to be deposited into an account to reach some future goal is called…

A: The present value is the current value of an amount to be received in the future. It is calculated…

Q: For the given cash flow, if the equivalent uniform annual payments is $2000 and the interest rate is…

A: Uniform annual payment = $2000 i = 4% = 0.04 Period = 9 years Future value of annuity is calculated…

Q: What is the future value in 4 years of €1,000 invested in an account with a stated annual interest…

A: Amount Invested is 1,000 Time period is 4 years Interest rate is 10% To Find: Future Value…

Q: ose an investment will pay $21,000 in 19 years from now. If you can earn 16.35% interest compounded…

A: The today value will be the present value of future value considering the discount rate and period…

Q: For the given cash flow, if the equivalent uniform annual payments is $5000 and the interest rate is…

A: When the periodic cash flows are constant for the period, it is known as annuity. Annuity is…

Q: a) A man has invested $5350 in a savings account that pays 12% simple interest. How long will it…

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

Q: What will be the future worth of money after 1 year, if the sum of P25,000 is invested today at a…

A: Investment (P) = P 25,000 Monthly interest rate (r) = 1% Period in months (n) = 12

Q: how much would be available at the end of the time period. How much is the interest earned?

A: Time value of money (TVM) means that the money received in the present period will have more value…

Q: A year ago, you invested $1,000 in a savings account that pays an annual interest rate of 6%. What…

A: Approximate Annual Real Rate of Return = Nominal Rate of Return - Inflation Rate

Q: If money is worth 4% compounded monthly, what payment at the end of each quarter will replace…

A: The cash flows discussed are a form of annuity wherein an equal amount is paid over each period.

Q: How long will it take money to triple itself if invested at (9/100)% compounded quarterly? What is…

A: Interest rate = 9% Present value = 1 Future value of value 1 = 3 Period in years = n Period in…

Q: (b) Suppose that you took out PTPTN loans totalling RM24000 with interest of 1% per year. You have…

A: Interest is the cost of borrowing the money. It can be either simple or compounding.

Q: At what nominal rate, compounded monthly, would 12,000.00 have to be invested to amount to 21,811.13…

A: Interest is the amount charged on a loan or investment. It can be calculated by simple interest or…

Q: If an investment of $45,000 is earning an interest rate of 4.00%, compounded annually, then it will…

A: The number of years that will take to reach $53,686.19 at given interest rate can be calculated…

Q: A sum of 2 million is equivalent to 2.36 million one year from now. Find interest rate?

A: Given Information : Present value (PV) = $2 million Future value (FV) = $2.36 million Number of…

Q: You have just received a windfall from an investment you made in a friend’s business. You will…

A: a) Present value = Future value / (1 + Rate)^Time Present value = $14,050/1.06 + $3,250/1.06^2 +…

Q: What's the future value of an initial $100 after 3 years if it is invested in an account paying 10%…

A: Given: Initial deposit = $100 Time =3 years Interest rate =  10% Future value = Initial deposit* (1…

Q: Assuming an interest rate of 10%, how much (rounded to nearest dollar) will need to be deposited in…

A: Annual deposit = Accumulated saving at the end of 8th year / Future value factor at 10%, 8 years

Q: How much will $200,000 deposited in an investment account earning an annual interest rate of 8½% be…

A: Given information: Present value $200,000 Annual interest rate is 8.5% Number of years is 1

Q: Which savings account is a better investment:  6.40% compounded semi-annually or 6.35% compounded…

A:

Q: How long will it take P1,000 to amount to P1,346 if invested at 6% compounded quarterly?*

A: Compound interest is when we invest the interest back and earn even more interest as a result.

Q: 1. If an investment over nine years at a rate of P288.00 results in a final balance of P1,088.00,…

A: We’ll answer the first question since the exact one wasn’t specified. Please submit a new question…

Q: What is the amount of the quarterly deposits A such that you will be able to withdraw the amounts…

A: Annual interest rate = 8% Quarterly interest rate = 8%/4 = 2% Number of quarterly deposits = 8

Q: An investment makes annual payments. The first payment of $245 is due in one year at i = 1. The…

A: Present value refers to the current worth of the amount that is expected to be received in future by…

Q: A. If money is worth 4% compounded monthly, what payment at the end of each quarter will replace…

A: Details of A: Interest Rate is 4% Compounding Period is Monthly i.e 12 Monthly Payment is P500.00…

Q: Q9. If an amount of $14,000 is deposited into a savings account at an annual interest rate of 5%,…

A: A concept through which it is studied that the current worth of money is higher than its future…

Q: Suppose that an amount in Kina, is invested in a private financial institution, with interest…

A: As we are finding the final amount, that will be in future, thus we will use the future value…

Q: What is the accumulated amount after 5 years of P7,500.00 invested at a rate of 10% per year…

A: As per the guidelines we are required to solve first question only when multiple questions are…

Q: If you borrowed P 10,000.00 from a bank with 8% interest per annum, what is the total amount to be…

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

Q: A sum of OMR 25600 is invested at an interest rate of 6.25% per year. If the interest is compounded…

A: The time period or the number of years (NPER) refers to the time it would require for the investment…

Q: You invest $3000. How much would you have in an account that compounds continuously at 8.5% compared…

A: r = Rate = 8.5% = 0.085 n = periods = 10 years e = 2.71828

Q: A sum of money is invested at a rate of 7 percent per year compounded annually. How long it will…

A: Rule 72 refers to the rule which makes it a simple calculation for the person to determine that in…

Q: If $5,000 is borrowed today and $8,955 is paid back in 9 years, what interest rate compounded…

A: Here, Borrowed Amount (PV) is $5,000 Paid Back Amount (FV) is $8,955 Time Period is 9 years

Q: How do I work this problem in excel? What will $82,000 grow to be in 11 years if it is invested…

A: Future value formula will be used. where,   Rate = 0.67%   Nper = 132 periods   PV = $82,000

Q: If you invest P8,000 at 6.6% interest, compounding monthly, how much will you have in 3½ years? *

A: Present value method is used to evaluate the different level of investment projects. With the help…

Q: How long will it take the money to double itself if invested at 16% compounded quarterly? In how…

A: Convert 16% compounded quarterly to its equivalent interest rate for annual interval. Here, 'r'…

Q: y is equivalent to receiving $10,000 three years from today, if interest is compounded quarterly at…

A: The present value of future money would give the amount of money that is equivalent today…

Q: Two thousand dollars is deposited into a savings account at 8.5% interest compounded continuously.…

A:

Q: A sum of $10,000 now (time 0) is equivalent to the following shown cash-flow diagram: What is the…

A: The required amount can be calculated by equating the present values of future cash flows with the…

Q: Suppose an investment will pay $11,000 in 41 years from now. If you can earn 14.55% interest…

A: Calculate the present value of investment.

Q: 1. How much should you deposit into an account that pays 3.6% compounded monthly if you want to have…

A: Future Value (FV)=$15,000 Duration (n)=10*12=120 periods Rate of interest (i)= 3.6%12=0.003   As per…

Q: If you put $6,000 in a savings account that yields an 1% rate of interest compounded daily, what…

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

Q: What will be the future worth of money after 1 year, if the sum of P25,000 is invested today at a…

A: Future value of sum can be calculated with the help of future value function.

Production Budget

A budget can be defined as a financial plan designed by an undertaking for a definite period in the future that can contribute towards enhancing the financial success of the business undertaking. It is used to estimate the revenue and expenses. The budget generally takes into account both current and future income and expenses.