Find the amount and interest of 12,000 for 6 years at 18% compounded.

Q: Calculate the amount of simple interest earned. $1,000 at 4% for 7 years

A: A method of computing interest amounts in which the compounding effect was not considered by the…

Q: 4. If $2,000 is invested in an account that earns 8.5% interest compounded annually for 5 years,…

A: Interest refers to the cost of borrowing funds or money from other parties. Interest usually is of…

Q: Solve for the compound interest earned if 10,000 pesos is invested for  1-1/2 years at 8% compounded…

A: Compound interest refers to the interest calculation mechanism where the previous period interest is…

Q: Find the final amount of money in an account if $700 is deposited at 6.5% interest compounded…

A: The future value is the future worth of the amount that will be paid or received in the future.

Q: What is the present value of $17,000 deposited at the end of each year for 23 years earning 9.5%…

A: We need to compute the present value in this question using following details : Deposit at end of…

Q: Compute the compound amount and the interest on a loan of $10,500 compounded annually for four years…

A: The computation of compound amount is as follows:Hence, the compound amount of loan is $16910.355.

Q: Find the compound amount and interest on 5,500 at 4% compounded semi-annually for 8 years and 8…

A: Compound amount is calculated using the formula of future value . Future value = Present value *( 1+…

Q: A debt of $5000 with interest 5% compounded 6-monthly is amortized by equal annual semi payments…

A: Present value annuity @ 2.5% for 6 periods = 5.50813

Q: $10,000 is borrowed at 10% a year interest for five years. At the end of each year, the borrower…

A: Given that the initial borrowed amount is $1000, interest rate is 10% for 5 years and at the end of…

Q: Calculate the future value of $15,000 received today and deposited for eight years in an account…

A: Future value can be referred to as the value of an underlying asset or security at a future date.…

Q: What is the final amount of $2696 payable every three months for 5 years and 9 months, if money is…

A: Here, Quarterly Payment is P2696 Time Period is 5 years and 9 months Time Period in Quarters  (n)…

Q: Ahlam borrows AED 3,000,000 to be repaid over 6 years at 8 percent. What is the repayment of…

A: An annual mortgage payment is an annual payment that is to be paid for a specific period of time to…

Q: Determine Mark's present worth of an annual payment of P2, 500 at the end of each year for 12 years…

A:

Q: Find the accumulated value of P538,000 at the end of 10 ¾ years at 14% interest compounded monthly?

A: The accumulated value is equal to the principal amount plus the interest. In other words,…

Q: Calculate the present value of the following amounts: $10,000 at the end of five years at 8%

A: In the given question we require to compute the present value.

Q: 7,500.00 is deposited in a savings account at 6.5% rate of interest compounded quarterly for 25…

A: The amount of money invested over a period of time with the assumption of investment growth at a…

Q: At the end of each quarter-year, for 6 years, $1,200 is deposited into an investment paying 3.4%…

A: At the end of each quarter-year, for 6 years, $1,200 is deposited into an investment paying 3.4%…

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: Calculate the present value of $5,000 received five years from today if your investments pay: 6…

A: Given:

Q: What is the future value of $1,250 deposited at the end of each quarter year for 10 years earning 9%…

A: Given details are : Each quarter deposit = $1250 Time period = 10 years = 40 quarters Interest rate…

Q: A sum of $1,000 is deposited at 8% interest, compounded annually for 5 years. What is the future…

A: In this question we require to compute the future value of investment from the details given.

Q: Determine the present worth and the accumulated amount of an annuity consisting of 6 payments of…

A:

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: Find the final amount of money in an account if $7,400 is deposited at 7.5% interest compounded…

A: The interest rate compounds semi-annually. Hence, the interest rate that should be considered is…

Q: Find the amount to which $500 will grow under each of the following conditions: 12 percent…

A: In this question we require to compute the future value of $500 after years if it is invested at 12%…

Q: Compute the future value o

A: Future Value is defined as the amount that is accumulated at some upcoming period of time. The…

Q: What is the future value of $7,200 deposited at the beginning of each year for 7 years earning 8%…

A: Calculation of Future Value:The future value is $69,383.72.Excel Spreadsheet:

Q: Determine the present worth and the accumulated amount annuity consisting of payment of P120 000…

A: Present worth analysis is an analysis in which we convert all the cash flows to present worth using…

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: Find the compound interest accumulated on BD 14500 at the end 9 years if it is invested at 4%…

A: Compound interest is the interest earned on the principal as well as on the interest earned…

Q: A nominal interest of 3% compounded continuously is given on the account. What is the accumulated…

A: In Continuous compounding, compounding is done an infinite number of times.

Q: Calculate the future sum of $1,000, given that it will be held in the bank for 5 years earning an…

A: Future value is the value of the current assets or some amount that is invested today and amount…

Q: Calculate the future value of $15,000 received today and deposited for eight years in an account…

A: Future value is the accumulated value of an investment. It is the total of the initial deposit and…

Q: principle invested

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

Q: Find the future value of an initial $500 compounded annually for 6 years at 8%.

A: We need to use the concept of time value of money to solve the question. According to the concept of…

Q: Find the amount to which $500 will grow under each of the following conditions applying the F rule.…

A:

Q: Compare the interest earned by $9,000 for five years at 8% simple interest with interest earned by…

A: Time value of money- It is based on the concept that money earned today is worth more than similar…

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: Determine the accumulated value in 10 years of $100 invested today at an interest rateof 7 percent.

A: Future Value of $100 invested today at an interest rate of 7% for 10 years can be calculated using…

Q: A sum of $5000 is invested for 5 years with annual interest rates of 9% the first, 8% the second,…

A: A concept that implies the future worth of the money is lower than its current value due to several…

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: $10,000 is borrowed at 10% a year interest for five years. At the end of each year, the borrower…

A: Computation:

Q: Find the amount to which 500 will grow under each of the following conditions 12% compounded…

A: Given:

Q: $1,000 is invested for 5 years in an account earning 8% annual interest, compounded semiannually.…

A: Details given are : Present value of investment = $1000 Interest rate = 8% p.a. Time period = 5…

Q: An annuify of 50 000 payable annually for 5 years if the money is wo 6 compounded quarterly. Give…

A: In the excel there is present value of annuity function for calculating the present value of…

Q: 5. Determine the accumulated amount of an annuity consisting of 6 payments of P120, 000 each, the…

A: Annuity Amount (PMT) is P120,000 No. of Payments (n)  is 6 Interest Rate (r) is 15% Annuity Type is…

Q: Compare the interest earned by $10,000 for five years at 10% simple interest with that earned by the…

A: When an accrued amount is calculated, which includes principal plus interest, it is known as simple…