Find the future value of this income stream

Q: Jerome will be buying a used car for $15,000 in 3 years. How much money should he ask his parents…

A: Given, Future value  A=$15,000           Interest r=0.05           Time t=3 To find the Present…

Q: f you invest $9,000 in an account that earns an APR of 3% simple interest, what will be the account…

A: for simple interest  P = $ 9000 r = 3% = 0.03 t = 10 years

Q: If 15200 dollars is invested at an interest rate of 5 percent per year, find the value of the…

A: Given: Principal or invested amount (P) = 15200 dollars interest rate (r) = 5% = 5 / 100 = 0.05 time…

Q: Find the future value P of the amount Po invested for time period t at interest rate k, compounded…

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Q: If you borrow $8,500 at 4% interest, what is the amount that you will owe in five years if…

A: To find the amount owe in 5 years if compounding continuously :

Q: Given an interest rate of zero percent, the future value of a lump sum invested today wil always:…

A: Topic = Algebra OA. remain constant, regardless of the investment time period.

Q: Suppose that $18,000 is invested in a bond fund and the account grows to $23,344.74 in 5 yr. a. Use…

A: Given:Suppose that $18,000 is invested in a bond fund and the account grows to $23,344.74 in 5 yr.

Q: Suppose you invest $1000 at 10% interest compounded every year. a) how long will it be until your…

A: Given that, P=$1000, A=$3000 and r=0.10.

Q: Find the future value at 6.25% interest, compounded continuously for 5 years, of the continuous…

A: Solution

Q: you invest 5,000 in an account that earns an apr of 3 percent with quarterly compounding what will…

A: Principal amount = P = 5000

Q: A2. (a) (i) Find the future value of £2000 when it grows at an annually compounded rate of 5% for 10…

A: To find the future value of £2000 when it grows at an annually compounded rate of 5% for 10 years.…

Q: Find the future value at 6.25% interest, compounded continuously for 3 years, of the continuous…

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Q: In 19 years, Anthony Oaks is to receive $300,000 under the terms of a trust established by his…

A: It is given that, the time period is t=19 years,  Future Value (FV)=$300,000 rate of return…

Q: The future value that accrues when $700 is invested at 5%, compounded continuously, is S(t) =…

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Q: In the given question find the principal P that must be invested at rate r, compounded monthly, so…

A: Future amount obtained when principal amount P is compounded monthly for t years at the rate r is…

Q: A zero-coupon bond can be redeemed in 20 years for $10,000. How much should you be willing to pay…

A: Given: Total years=20……1Redeemed amount=$10,000……2

Q: In 17 years, Selena Willow is to receive $300,000 under the terms of a trust established by her…

A: Recall that the compounded continuous formula:A=Pertwhere A= Accumulated amount, P=present value,…

Q: If $1000 isinvested for x years at 8% compoundedquarterly, the future value of the investment is…

A: Given data, The amount of $1000 is invested for x number of years at the rate of 8% compounded…

Q: Find the future value at 6.5% interest, compounded continuously for 5 years, of the continuous…

A: Given that :- Rate of interest r=6.5%=0.065 Time T = 5 years Rate of flow ft=850e-0.02t Future value…

Q: The future value that accrues when $400 is invested at 4%, compounded continuously, is S(t) =…

A: Consider the future value compounded continuously is St=400e0.04t Here, the objective is to find the…

Q: Savannah is going to invest $220 and leave it in an account for 12 years. Assuming the interest is…

A: We have, Savannah is going to invest $220 and leave it in an account for 12 years and at the end,…

Q: What interest rate, to the nearest tenth of a percent, is required for an investment subject to…

A: we have to use the formula for compound interest to find interest rate, to the nearest tenth of a…

Q: If $1000 isinvested for x years at 8% compoundedquarterly, the future value of the investment is…

A: Given: Number of years (x) = 20 Compound rate = 8% compounded quarterly Future vale (S) =…

Q: An investment of $23,400.00 earns 11% annual interest, compounded continuously. If no funds are…

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Q: If an IRA is a variable-rate investment for 25 years at rate r percent per year, compounded monthly,…

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Q: Find the interest rate needed for an investment of $3,000 to grow to an amount of $4,000 in 9 years…

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Q: Suppose you have $3000 to invest. Which investment yields the greater return over 10 years: 6.5%…

A: Let's consider the given scenarios:                          When the interest is compounded…

Q: Elizabeth is going to invest $480 and leave it in an account for 8 years. Assuming the interest is…

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Q: You invest $13,000 in Rapid Growth Funds, which appreciate by 2% per year, with yields reinvested…

A: Given that: Yield is being reinvested quarterly, hence its quarterly compounding

Q: If $2000 is invested for x years at 8%, compounded quarterly, the future value that will result is…

A: Consider the equation

Q: Suppose you invest $5000 and would like your investment to grow to $10,000 in eight years. What…

A: Given that the initial amount= P=5000 Final amount=A= 10000 Time=t= 8 years  n=number of times…

Q: Upon the death of his aunt, Lucien receives an inheritance of $40,000, which he invests for 13 years…

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Q: Find the future value at 5.25% interest, compounded continuously for 5 years, of the continuous…

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Q: Skylar is going to invest $69,000 and leave it in an account for 6 years. Assuming the interest is…

A: Concept : if the principal amount of P is lend with compound interest of r % then the final amount…

Q: Find the future value at 7​%,compounded​ continuously, for 4 years of a continuous income stream…

A:

Q: you deposit $500 in an investment with an APR of 6% and continuous compounding, the balance after…

A:

Q: Carter is going to invest $79,000 and leave it in an account for 12 years. Assuming the interest is…

A: Simply use the formula for compound interest.

Q: If $1200 is invested for x years at 8%, compounded quarterly, the future value that will result is…

A:

Q: A principal of 5500 OMR is invested for 3 years. Find the interest rate required to produce a future…

A: The given principle is 5500 OMR and the future value is 6300 OMR. The time period is 3 years and the…

Q: Adrian is going to invest $9,900 and leave it in an account for 10 years. Assuming the interest is…

A: Simply use the formula for compound interest.

Q: Find the accumulated value of an investment of $25,000 for 4 years at an interest rate of 6% if the…

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Q: At the end of T years, the future value an an investment of $44,500 in an account that pays 6%…

A: P=$44500 and the future value is more than $109,207. Now the future value is,…

Q: Mr. Johnson invested R25 000 at a rate of 9,95% p.a. compounded quarterly. How long will it take for…

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

Q: What annual interest rate would allow Karen to double her investment if it is compounded quarterly…

A: The compound interest formula for an initial amount P deposited for a time period of t at a rate of…

Q: Find the effective yield of an investment that earns 2.5% compounded % round to the negrest…

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Q: Francis wants to have 22000 in 10 years calculate how much he should invest now at 8% interest…

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Q: If $1800 is invested for x years at 8%, compounded quarterly, the future value that will result is…

A: Given query is to find the amount after 8 years according to the give function.

Q: The future value that accrues when $700 is invested at 7%, compounded continuously, is S(t) =…

A: