find the future value and the compound interest.  principal: $1,465 Rate 0.4% compund: semi-annually time: 11 years round answers to the nearest cent

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A: Hi, please note that there is a typo in the question and the present value of the loan should be…

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A: Formulas:

Q: Classify the financial problem. Assume a 4% interest rate compounded annually. Find the value of a…

A: Future value deals with the value of money at a future date which is different from the value today…

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A: Investment Amount = 15,000 Time Period (N) = 3 years Interest Rate = 18% p.a.

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

Q: Find the present value of $800 due in the future under each of these conditions: A.  14% nominal…

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Q: You deposit $300 in an account earning 5% coumpound interest for 4 years. Find the future value and…

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Q: CalculatorDetermine the present value of $43,000 to be received in one year, at 6% compounded…

A:

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Q: Find the periodic payment R required to amortize a loan of P dollars over t years with interest…

A: r= 0.03/4= 0.0075 n= 18*4= 72 PV = FV/(1+r)n PV = Present value, also known as present discounted…

Present Value

Present value (PV) is defined as the current or present value of all future sums of cash flow or money at a specified rate of return. This rate of return is known as the discounted rate, which is essentially the interest rate, discounted over some time. The expected cash flows are discounted at a discount rate to compute the present value. The higher the discount rate, the higher the future value (FV), but the lower the present value.