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- If you invest $12,000 today, how much will you have in (for further Instructions on future value in Excel, see Appendix C): A. 10 years at 9% B. 8 years at 12% C. 14 years at l5% D. 19 years at 18%How long RM152,091.826 grow to RM708,900 with a 8% compounded annually? Select one: a. 15 years b. 20 years c. 10 years d. 12 yearsIf P100,000 is invested for 6 months at 1.5% per annum, how much interest is earned? P750 P100,750 P100,739.73 P739.73
- What will be the future value of $5 000 invested for six years at 8% per annum compounded quarterly? Select one: a. $6 532.81 b. $7 923.37 c. $7 934.37 d. $8 042.19What will be the future value of $5 000 invested for six years at 8% per annum compounded annually? Select one: a. $7 543.46 b. $7 923.37 c. $7 934.37 d. $6 532.81The sum of P1000.00 is invested now and left for 8years, at which time, the principal is withdrawn. The interest that has accrued is left for another eight years. If the annual interest rate is 5%, what will be the withdrawal amount at the end of the 16th year? correct answer P704.42
- If you invest $40,000 at 4% interest compounded annualy, approximately how much money will be in the account at the end of 6 years? O a. $49,648 O b. $46,868 O c. $55,527 O d. $50,612 e. $60,366If P = $ 1000 A = $ 188 and i % = 12 % per year then N = ? (a) 9 years (b) 8 Years (c) 7 Years (d) 14 yearsWhat principal deposited 3 years ago will grow to $40,463.09 in 2 years and 8 months from now if money grows at 2.34% compounded semi-annually? i need present vlaue and N for this.
- Find the present value of 11,600 due at the end of 7 years and 6 months if money is worth 4 ½% converted semi-annually 8309.11 8307.87 8308.22 8310.67The number of years it will take for $500 to grow to $1,039.50 at 5% compounded annually is how many yearsFind the amount to which $1,000 will mature in 3.5 years at 7 ¾% p.a.