Find the present value. Round to the nearest cent. To get $25,000 after 12 years at 13% compounded semiannually O A. $5,767.65 O B. $5,873.53 C. $5,515.05 O D. $19,484.95

Q: A retirement account is opened with an initial deposit of $6,500 and earns 9.16% interest compounded…

A: Consider the given values. P=$6500 r=9.16% t= 35 years n=12 The compound interest is defined as.…

Q: How much would you need to deposit in an account now in order to have $3000 in the account in 5…

A: From the provided information is  Present value=Amount*(1+rate)-period  PV=3000*(1+(0.066))-6*5…

Q: A zero-coupon bond with a face value of $24,000 and a 5.7% interest rate (compounded semiannually)…

A: We know that FV=PV1+rnnt, where FV is the face value, PV is the present worth, r is the rate of…

Q: Suppose you deposit $2,500 in a CD paying 8% interest, compounded every other month. How much will…

A: Given that, The deposit $2,500 in a CD paying 8% interest, compounded every other month. Calculate…

Q: How much would you need to deposit in an account now in order to have $5000 in the account in 5…

A: P=Principle=?t=time=5 yearsr=interest rate=6%=0.06A=final amount=$5000n=number of times compounded…

Q: Find the present value of the investment. (Round your answer to the nearest cent.) worth $19,000…

A: We use the following formula to find present value of investment. A=P(1+rt). A is future worth  P is…

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Q: Find the present value of the given future amount. $48,000 for 19 months at 9% simple interest What…

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Q: find the present value of $30,000 due in 8 years at the given rate of interest. (round to the…

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Q: have in ke botbuntwhen she tuns 182 Round'to the nearest cent. 4. Samantha deposits $1,500 into the…

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Q: You have a big account that has a 6% interest rate and is compounded semiannually. How much should…

A: The formula for compound interest is given by A=P1+rnnt where A is the Amount, P is the principle, r…

Q: A company currently owes $20,000 to a bank for a loan it took 2 years and 8 months ago. The interest…

A: Here we find the loan amount and its interest.

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Q: Laura has decided to invest $5,000.00 at the beginning of the quarter for 10 years. If the interest…

A:

Q: Find the present value of the investment. (Round your answer to the nearest cent.) worth $13,000…

A: Given: Future value is $13000. Time is 2.5 years. Simple interest is 5.25% per annum. To find:…

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A: To calculate the present value P compounded monthly, substitute 50000 for A, 0.06 for r, 6 for t and…

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A:

Q: Find the present value of $20,000 due in 5 years at the given rate of interest. (Round your answers…

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Q: An individual purchased a 5-year, $10,000 promissory note with an interest rate of 3.5%/year…

A: Given: An individual purchased a 5 year, $10,000 promissory note with an interest rate of 3.5% per…

Q: You deposit $1,000 in an account at the Lifelong Trust Savings and Loan that pays 2% interest…

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A: Given:

Q: Find the present value of the investment. (Round your answer to the nearest cent.) worth $19,000…

A:

Q: You want to retire at age 65. You decide to make a deposit to yourself at the end of each year into…

A: You want to retire at age 65. You decide to make a deposit to yourself at the end of each year into…

Q: You deposit $1,000 in an account at the Lifelong Trust Savings and Loan that pays 4% interest…

A:

Q: You want to retire at age 65. You decide to make a deposit to yourself at the end of each year into…

A: General Formula of Annuity is as below: in this question : d=1700r=2%=0.02k=1N=65-25=40

Q: 3. An account that pays 1.6% compounded monthly has $1,000 deposited every month. Find the value of…

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Q: How much would you need to deposit in an account now in order to have $2000 in the account in 15…

A: P=Principle=?t=time=15 yearsr=interest rate=8%=0.08A=final amount=$2000n=number of times compounded…

Q: An investment company pay 7% compounded semiannually. You want to have $17,000 in the future. (A)…

A:

Q: Suppose you buy a home and finance $275,000 at $2,233.17 per month for 30 years. What is the amount…

A: According to question, Cost of home = $275,000, Cost of finance = $2,233.17 per month, Time period…

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Q: A corportation creates a sinking fund in order to have $550,000 to replace some machinery in 12…

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Q: Find the principal to get $1000 after 2 years at 6% compounded quarterly?  Round to nearest cent.

A: It is given that, the amount after 2 years is A = $1000, n = 4 since compounded quarterly, r = 0.06.…

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A:

Q: A couple deposits $15,000 into an account earning 5% annual interest for 20 years. Calculate the…

A: Principal amount =$15,000 Annual rate of interest= 5 % = 0.05 Time of investment = 20 years This…

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A:

Q: How much would you need to deposit in an account now in order to have $4000 in the account in 15…

A: Compound Interest Formula:  A=P1+rnnt where A = Amount            P= Principal            r = Annual…

Q: How much must be deposited today into the following account in order to have a $115,000 college fund…

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Q: Determine the periodic deposit. Round up to the nearest dollar. How much of the financial goal comes…

A: It is given that, Rate: 7.5% compounded monthly Time: 3 years Financial Goal: $25,000

Q: Lauren plans to deposit $6000 into a bank account at the beginning of next month and $250/month into…

A: Given: -

Q: Jesse purchases a retirement annuity that will pay him $1,500 at the end of every six months for the…

A: 9years +3 years =12 years r=3.5%t=11n=4 Payment received =1500×2×9+600×12×3=27000+21,600=$48,600

Q: You deposit $2000 in an account earning 4% interest compounded quarterly. How much will you have in…

A:

Q: How much would you need to deposit in an account now in order to have $2000 in the account in 15…

A:

Q: You deposit $1,500 in an account at the Lifelong Trust Savings and Loan that pays 6% per year…

A: We have PV=$1500         , Present Valuer    =6                , Rate of interestm  =4…

Q: Find the value of a $1,000 certificate in 2 1/2 years if the interest rate is 3% compounded…

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Q: Find the final amount of money in an account if $8,600$8,600 is deposited at 4%4% interest…

A: Formula: A=P1+rtnt where A=Ending amount P=Principal amount r=rate of interest t=The number of times…