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- What sum of moeny invested now at 5% will give GHc 120 in 2-years' time?What is the present worth of $1 000 payable in five years, if money is thought to be worth (a) 5%, (b) 15%, (c) 25%?Use the continuous compound interest formula to find the indicated value P = $2,570; r = 3.14%; t = 4 years; A =?
- 2.h Find the principal, if the principal plus the interest at the end ofone and one-half years is $3,360 for a simple interest rate of 8%per annum. include a cash flowIf the principal is 124,860 and the future value is 182,568 what is the value of the single payment present worth factor?Use the continuous compound interest formula to find the indicated value. P=$7,000 r=3.38% t= 5 years A=?
- What is the future (compounded) value of $ 9500 invested for 4 years at r =%8.25 with quarterly compounding?Complete the following using compound future value. Time 2 years, Principal $15,000, Rate 8%, Compounded quarterly. What is the amount? What is the interest?How much would be the accumulated amount if P2, 047,000 is invested in 2 years, 2 months with interest rate of 10 ¾%?