Find the compound amount on P15,250.00 for 4 years and 6 months at 8% compounded semi-annually.
Q: Compute the effective annual rates for the following:a. 2 percent compounded yearly.b. 2 percent…
A: Effective annual interest rate ( EAIR ) = [{1 + ( r ÷ n )} ^ n] - 1, r= interest rate n= period a.…
Q: Find the amount at the end of 5 years if Php17,535 is invested at 2.45% compounded quarterly.
A: Future Value refers to the value of the current asset or investment or of cash flows at a specified…
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: Rounded to the nearest cent, find the amount of money accumulated in 5 years if $14000 is invested…
A: Given information: Present value amount is $14,000 Number of years is 5 years Interest rate is 10%
Q: What is the amount of P12,800 in 4 years at 5% compounded quarterly? Answer:
A: Compound interest is calculated by below formula A=P(1+r/n)^nt Where A= Final Amount P= Initial…
Q: A sum of 45000 invested will provide payments of 500 each at the end of every 2 months for 7 years…
A: Compound interest is interest on interest. In case of compound interest…
Q: An investment of $1,050 is made in an account compounded semi-annually at 6.8%. How much will the…
A: It can be calculated using FV function in excel. FV (rate, nper, pmt, [Pv], [type]) Rate The…
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 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: What is the principal invested at 4.75% compounded semiannually from which monthly withdrawals of…
A: Annuity refers to series of equalized payments that are paid or received at start or ending of…
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: Find the interest on Php 750 invested at 9% per annum for 2 years and 6 months
A: Solution:- When an amount is deposited somewhere, it earns interest on it. The amount initially…
Q: Find the interest on a P120 000-investment compounded semi-annually at 1.5% for 5 years.
A: Principal amount (P) = P120,000 Interest rate = 1.5% Semi annual interest rate (r) = 0.75% Period =…
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: 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: Find the amount at the end of 2 years and 6 months if P2,000 is invested at 71% compounded…
A: Invested amount (X) = P 2000 n = 2 years 6 months = 10 quarters r = 71% per annum = 17.75% per…
Q: Find the amount due if Php 32,000 is invested for at 7% compounded quarterly for 3 years
A: The future value is the value of an amount after taking into account the time value of money and…
Q: ind the future values and the int arned for the following annuities very 2 months for 1 year, 8 mont…
A: Future values of annuities include the amount deposited and the interest being accumulated over the…
Q: At the beginning of each quarter, P36,000 is deposited into savings account that pays 6% compounded…
A: Quarterly deposits (D) = P36,000 Interest rate = 6% Quarterly interest rate (r) =…
Q: Find the amount at the end of 2 years if $1,000 was invested at 5% simple interest; 5% compounded…
A: The term time value of money refers to the value of the money in the future of which the investment…
Q: Find the interest eaned on $10,000 invested for 4 years at 6% interest compounded as follows. a.…
A: Compound Interest: It refers to the interest earned on an investment or paid on loan and 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: d) Semi-annual payments of 60,000 for 3 years that will start 5 years from now. e) Payments of 3,000…
A: A stream of equal cash flows (CF) paid or received periodically is termed as annuity. Annuity is…
Q: Find the compound amount if php 82,000 is invested at 11% compound quarterly for 3 years and 5…
A: Compound interest also called interest on interest. It is the addition of interest in the principal…
Q: Find the compound interest if 1600 Rials is invested for 7 years at an annual rate of 5% compounded…
A: The compound interest can be calculated with the help of future value function.
Q: Compute the nominal rate of intrrest at which $980 deposited at the end of eaach month quaretly for…
A: Nominal interest rate is the rate of return without considering the inflation rate or before…
Q: Determine the present value of 15 equal quarterly payments of P1,200 where the first payment starts…
A: Solution Concept To get the present value of the future values , we need to discount the future…
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: What is the present worth of the followingseries of payments?(a) $5,000 at the end of each six-month…
A: Periodic Payment = 5000 Semi Annual Compounding, Hence: Time Period = 12 years * 2 = 24 semi annual…
Q: A one-time investment is made in the amount of $9,200 for 15 years at an APR of 6%. Compound…
A: given, principal = $9200 rate = 6%
Q: If P5,000.00 shall accumulate for 10 years at 8% compounded quarterly, find the compounded interest…
A: We need to use compound interest formula given below A=P(1+i)n where A= Final payment P=principal…
Q: How much interest was earned by an investment that earns at a rate of 9% compounded semiannually for…
A: The present value is that amount without which we cannot obtain the future value. The future value,…
Q: Determine the amount of interest earned on a $1200 investment if it is invested at 5.5% annual…
A: The question is based on the concept to calculate the future value of an investment for a given rate…
Q: Calculate the future value of end-of-quarter payments of $5,000 made at 6.10% compounded monthly for…
A: Given rate is 6.1% compounded monthly effective annual rate is = (1+0.061/12)^12 -1 = 6.2734% Rate…
Q: principle invested
A: “Since you have posted a question with multiple sub-parts, we will solve first three subparts for…
Q: Find the accumulated value of ₱ 5,000.00 in 3 ¼ years if it is invested at 15% compounded…
A: Given, Invested amount = 5,000 I/Y = 15/2 = 7.5% per semi annual N =3.25 *2 = 6.5 semi annuals
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: 2.) Find the interest on P25,750.00 for 3 years at 8% compounded quarterly.
A: Solution for Number 2: Compound interest is calculated by subtracting principal amount from final…
Q: FEU has been bought by an individual. It is to be paid 4% compounded semi-annually, eight times a…
A: Interest rate = 4% compounded semiannually Each payment's amount (P) = 3.8 million Payment starts…
Q: What is the compound amount of Php 10,000.00 for 3 years at 10% compounded semiannually?
A: Initial amount (P) = Php 10000 n = 3 years = 6 semiannual periods r = 10% per annum = 5%…
Q: Find the semi-annual payment of a P15,000 debt to be amorlized by 5 equal payments at the end of…
A: Solution:- Given, Loan amount = PV = P15,000 Number of payments = n = 5 Interest rate = i = 15%/2…
Q: $10,000 is borrowed at 10% a year interest for five years. At the end of each year, the borrower…
A: Computation:
Q: Determine the amount of P 45000 after 9 years if the rate is 5% compounded quarterly. O 77329 O…
A: Present value (PV) = P45000 Interest rate = 5% Quarterly interest rate (r) = 5%/4 = 1.25% Period = 9…
Q: Find the accumulated value of ₱ 5,000.00 in 3 ¼ years if it is invested at 15% compounded…
A: Accumulated value = P*(1+r/m)t*m Where P - Present value = P5,000.00 r - Interest rate = 15% m -…
Q: In general, which rate yields the larger amount in one year? (A) 13% compounded semi-annually (B)…
A: The rate that would yield a higher value can be calculated by comparing the effective annual rate of…
Q: Solve for the compound amount and compound interest at the end of 1 year if S7,000 is invested at 4%…
A: An interest rate method in which current interest is computed by multiplying the interest rate by…
Q: Determine P & F for the diagram below: Immi For the first seven years, interest is 12% per year…
A: Here, Annual deposits for the first 7 years = 500 Interest rate = 12% compounded monthly Annual…
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- Find the compound amount if P5,000 is invested at 10% compounded semi-annuallyfor 2 years.Find the accumulated value of ₱ 5,000.00 in 3 ¼ years if it is invested at 15% compounded semiannually.Solve for the compound amount and compound interest earned if $ 825 is invested for 10 years at 4% compounded annually.
- If P5,000.00 shall accumulate for 10 years at 8% compounded quarterly, findthe compounded interest at the end of 10 years.Find the compound interest accumulated on BD 14500 at the end 9 years if it is invested at 4% compounded quarterlySolve for the compound amount and compound interest at the end of 1 year if S7,000 is invested at 4% compounded quarterly.
- Find the amount to which $500will grow under each of these conditions:a. 12% compounded annually for 5 yearsb. 12% compounded semiannually for 5 yearsc. 12% compounded quarterly for 5 yearsd. 12% compounded monthly for 5 yearse. 12% compounded daily for 5 yearsf. Why does the observed pattern of FVs occur?The future value of $200 received today and deposited at 8 percent compounded semi annually for three years is approximately: a. $158 b. $252 c. $253 d. $232What is the compound amount of Php 10,000.00 for 3 years at 10% compounded semiannually?
- What present value amounts to $6511.30 of its invested for 3 years at 9% compounded semi-annual?What is the present worth of the followingseries of payments?(a) $5,000 at the end of each six-month period for12 years at 9% compounded semiannually.(b) $7,000 at the end of each quarter for 10 years at8% compounded quarterly.(c) $3,500 at the end of each month for five yearsat 6% compounded monthlyFind the amount to which $500 will grow in five years under each of the following conditions: a. 12 percent compounded annually b. 12 percent compounded semiannually c. 12 percent compounded quarterly d. 12 percent compounded monthly
