How long will it take money to quadruple if it is invested at the following rates? (A) 5.6% compounded semiannually (B) 11.7% compounded semiannually

Q: How long will it take money to double if it is invested at the following rates? (A) 7.3% compounded…

A: Let Principal = P Amount after n years = 2P Interest Rate in A = 7.3% Daily Rate in A(r1) = 7.3%/365…

Q: The annual interest, compounded annually at which $510 must be invested for it to grow to $2,005.82…

A: Present value (P) = $ 510 Future value (F) = $ 2005.82 Period (t) = 11 Years

Q: How much money would have to be deposited today to accumulate:

A: A theory that helps to compute the present or future value of the cash flows is term as the TVM…

Q: If P10,000 is deposited in a bank for 10 yrs at an interest rate of 7% compounded quarterly,…

A: Deposit = 10,000 Nominal Rate = 7% Compounded Quarterly Number of compounding periods = 4

Q: What is the compound amount and interest if Php 10,000 is invested at 3.6% compounded monthly for 2…

A: we know that, A=P(1+rn)n×t now, A= amount after time + (future value) P= principal amount (initial…

Q: What is the present worth of the followingseries of payments?(a) $1,500 at the end of each year for…

A: A series of recurring fixed payments over a particular period of time is called as annuity. To…

Q: $15,000 is deposited for 7 years in an account earning 3% interest. (Round your answers to two…

A: Compound value of money can be defined as the amount of interest computed on interest earned…

Q: If money is worth 9% compounded annually, which of the following obligations is more valuable? Use…

A: The present value is the worth of amount that has to be received/paid in the future.

Q: If an investment increases from P40,000 to P50,612 in 3 years, what is the nominal rate of interest…

A: Investment amount (PV) = P 40,000 Future value (FV)  = P 50,612 Period = 3 Years Period in semi…

Q: 18,000$ is deposited for 9 years in an account earning 5% interest. Round answers to two decimal…

A: The future value of an amount deposited in the account is the value of the amount deposited on a…

Q: Calculate the extra compound interest received when R18 400 invested at 13,2% per annum for 11,5…

A: Information Provided: Principal = 18400 Interest = 13.2% per annum (paid monthly) Term = 11.5 years…

Q: (a) Given the effective rate of interest as 7.5%, calculate the present value which will provide…

A: Present value is the future value discounted using the interest rate and time period. Present value…

Q: should be invested now into an 8% per annum interest-bearing account, compounded ye

A: The given problem can be solved using PV function in excel. PV function computes present worth for…

Q: An investor put his money in an investment earning 10 1/2% simple interest rate per annum. If his…

A: simple interest formula: A=P×1+RT given, p 12.30 MILLION R=10.5% T=15 / 12 YEARS

Q: What is the equivalent present value of the following series of payments: $10,000 the first year,…

A: Calculate the equivalent present value as follows:

Q: 2. Using the formula which is attached below,  calculate the Future Value of disposable amount of…

A: With the help of above formulae, the future value can be calculated with the help of following…

Q: f K40, 000 is deposited at the end of each half year in an account that earns 6.2%  compounded…

A: Comment - Multiple Questions Asked Interest  It is the amount that the borrower must pay in order to…

Q: P50,000 was deposited on savings at a rate of 10% per annum for 3 years. What is the compound…

A: The present value that is compounding over the period of time will be turned out as future value.…

Q: The income stream b = (1000, 1500, 2500, 4000) consists of payments made at the end of the next four…

A: The present value is calculated by discounting the cash flows at an appropriate discount rate for a…

Q: If you bought a 4-week T-bill for Tk.887 and receive Tk.1,200 4 weeks later, what is the effective…

A: The Effective Annual Interest Rate (EAR) is the interest rate that is adjusted for compounding over…

Q: An investment of S6,560 earns interest at the rate of 5% and is compounded quarterly. What is the…

A: Investment = 6560 Interest rate = 5℅/4 = 1.25℅ per quarter N = 28 quarters (7 years)

Q: A sum of 12,500 amounts to 15,500 in 4 years at the rate of simple interest. What is the rate of…

A: Simple interest is defined as an interest type, which is an easy method for the calculation of an…

Q: Suppose S500 is invested at 4% compounded quarterly. (a) How long will it take the investament to…

A: The present value is that amount without which we cannot obtain the future value. The future value,…

Q: At what interest rate will ₱30,750 amount to ₱44,875 in 4 years and 6 months, if interest is…

A: Data given: Description Data FV (P) 44875 PV (P) 30750 r= rate (Compounded semiannually)…

Q: Using Table 11-1, calculate the compound amount and compound interest (in $) for the investment.…

A: Given data; Principal = $ 8000 Period ( years) = 4 Nominal rate = 15% compounding frequency =…

Q: You have RM9,000 that you plan to invest in a compound interest bearing instrument. Your investment…

A: Compound interest means that interest is charged on the principal amount as well as the interest…

Q: eries of equal semi-annual payments of $1,000 for 3 years is equivalent to what present amount at an…

A: The given problem can be solved using PV function in excel. PV function computes present amount for…

Q: A three-year bank CD paying 7.02 percent compounded quarterly. Calculate effective annual interest…

A: The interest that an investor earns on the investment and a borrower pays on loan after considering…

Q: nvestment earns 20% compounded semiannually. After how many years will it trip

A: An investment is a purchase of an asset or item with the intent of earning income or increasing in…

Q: Q9. If an amount of $14,000 is deposited into a savings account at an annual interest rate of 5%,…

A: A concept through which it is studied that the current worth of money is higher than its future…

Q: A sum of OMR 25600 is invested at an interest rate of 6.25% per year. If the interest is compounded…

A: The time period or the number of years (NPER) refers to the time it would require for the investment…

Q: Money is worth 8% compounded annually. For a uniform series of payments, what would be its compound…

A: As per the time value of money, a dollar is worth more today than the same dollar in the future.…

Q: compute the amount of compound interest (in $) earned in 1 year and the annual percentage yield…

A: Compound Interest is the interest that is calculated on the initial principal and on the interest…

Q: t rate of 14%/year compounded semiannually. calculate effective rate using excel i

A: The given problem can be solved using EFFECT function in excel. EFFECT function computes effective…

Q: A person buys a piece of lot for P 112,923.25 down payment and 11 deferred semi-annual payments of P…

A: In this we have to calculate present value FACTOR and then find out present value of all payments.

Q: You make an investment into a money market account at time T=0. In year T=5, the value of the money…

A: Given: Time period: 5 years Future value: $5000 Rate of interest: 5% compounded quarterly To…

Q: How long will it take the money to double itself if invested at 16% compounded quarterly? In how…

A: Convert 16% compounded quarterly to its equivalent interest rate for annual interval. Here, 'r'…

Q: RM1,800 is invested in scheme A at 10% per annum for 2 years at simple interest while another…

A: The question is based on the concept of Financial Management.

Q: $39,000 is deposited for 2 years in an account earning 6% interest. (Round your answers to two…

A: Therefore, the future value if interest is compounded semiannually is $43,893.84.

Q: From Ordinary Annuities; Calculate parts A, B & C assuming they are Annuities Due. A.$600 per…

A: A.) Computation:

Q: An investment pays $200 at the end of Year I. $250 at the beginning* of Year 2. $387 at the end of…

A: Present Value refers to the value of cash flows today which is to be received at some future time…

Q: A 20% compounded quarterly has an equivalent rate of 10.25%, how many times does it pay every year?…

A: Effective Annual Rate = 1+Nominal RateNumber of PeriodsNumber of Periods-1

Q: Using the compound interest formula, calculate both the value of the investment and the interest…

A: Investment amount (PV) = $4000.00 Period = 5 Years Semi annual period (n) = 5*2 = 10 Interest rate =…

Q: An investment involves annuity of Php 1172.00 compounded 17.2 times a year at an interest 1.72%. The…

A: Here, To Find: Annual difference in annuities if the interest is compounded only once a year =?

Q: For a sum of 1,050 to triple itself in 8 years and 6 months, what must be the rate of interest…

A: Investment amount (PV) = 1050 Future value (FV) = 1050*3 = 3150 Period = 8 Years and 6 Months Semi…

Q: What is the future (compounded) value of $ 9500 invested for 4 years at r =%8.25 with quarterly…

A: Future Value: It represents the future worth of the present sum of money or present annual cash…

Q: A man deposits a uniform amount of P 2,500 at the end of each year with interest of 2.50% compounded…

A: A Uniform amount of deposits is a series of payments at equal time intervals such as annually,…