How long would it take your money to double itself if it is invested at 6% simple interest, compounded semi-quarterly, and compounded continuously?
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A: Present value is the value of the future expected/calculated amount as of today.
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A: Here, Monthly Payment is $5 Monthly Interest Rate is 0.5% Monthly Growth Rate is 0.1%
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A: Future Value: The future value is the amount that will be received at the end of a certain period.…
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A: Given information: Present value is $4,000 Future value is $16,000 Interest rate is 21%
Q: How long will it take for money to double if invested at 6% compounded quarterly?
A: Compounded Interest: It is the method of calculating interest at the initial amount of…
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A: Quadruple means 4 times
Q: How long would it take money to triple if it is invested at 6% compounded semi-annually
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A: The number of years it will take for the money to triple can be computed with the help of NPER…
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Q: What's the future value of an initial $100 after 3 years if it is invested in an account paying 10%…
A: Given: Initial deposit = $100 Time =3 years Interest rate = 10% Future value = Initial deposit* (1…
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A: Concept. 1. Simple interest formula. SI = P × N × R…
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A: (a)Interest Rate = 3.3%Type of Compounding = MonthlyNumber of Compounding = 12 Assumption:Present…
Q: How long will it take to accumulate $5,000 to $7,000 if interest rate is 6% compounded quarterly?
A: Future Value = Present value/(1+r)n 7000 = 5000(1.06)n N = 5.7745 quarters N = 5.774 * 3 months =…
Q: How long will it take money to double if it is invested at 6.5% compounded daily?
A: To determine the time taken to double the investment at 6.5% compounded daily.
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A: Present value means the current value of future money or cash flow given a specified rate of return.…
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A: Simple interest is the type of interest that is calculated on the principal amount invested, it is…
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A: Effective Annual Rate The effective annual rate of interest is the actual or the real rate of…
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A: The time value of money is the idea that the value of money received today will be more worthy than…
Q: How long does it take for an investment to double in value if it is invested at 5% compounded…
A: Assuming Investment = 100 Future value = 2*Investment = 200 Interest rate = 5% Continuous…
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A: EAR is the actual rate of return investment or loan generates after taking compounding into account.…
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A: A concept that implies the future worth of the money is lower than its current value due to several…
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A: The formula used is shown:
Q: Find the time it takes for $5,100 to double when invested at an annual interest rate of 9.9 %6,…
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A:
Q: How much more could you have earned over a 10 year period if interest had compound annually?
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Q: If P100 is placed in an account that requires a rate of return of 4%, compounded quarterly, what…
A: Future Value is the value of the current assets or some amount that is invested today and amount…
Q: How long will it take for a some of money to double if it is invested at 5% interest compounded…
A: The rule of 72 is used to determine the years taken by investment to double.
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A: Present Value is the current value of all the cash flows which is to be received in the future which…
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A: Using excel NPER function
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- Q7 What annual rate of return is earned on a $5,000 investment when it grows to $10,250 in five years? (Do not round intermediate calculations. Round your answer to 2 decimal places.) ANNUAL RATE OF RETURN?Gerson Joseph has ₱ 300,000.00 to invest at 1.12% compounded quarterly. How much is the additional interest earned if instead of 4 years the investment matures after 6 years? a. ₱ 7,096.72 b. ₱ 13,725.96 c. ₱ 20,822.68 d. ₱ 34,548.64vvk.1 ABC deposits $30,000 at the end of every quarter to save up $550000 for a capital project in 4 years. To achieve its goal, what is the norminal interest rate rate compounded quarterly does ABC required on its investment? What is the effecive rate?
- Q) How much money should be invested in an account that earns 7.5% interest, compounded quarterly, in order to have P100,000 in 8 years?Not use excel12–14. Molly Hamilton deposited $50,000 at Bank of America at 8% interest compounded quarterly. What is the effective rate (APY) to the nearest hundredth percent?) PROVIDE THE FOLLOWING FOR EACH PROBLEM N= I= PV= PMT= FV= C/Y= P/Y =10. Aira invested ₱ 7,000.00, part at 4% and the remainder at 8% simple interest. How much is invested at higher rate if the total annual interest from these investments is ₱431.6Note: Use these digits in your answer [ 0379 ]
- step by step instructions no excel What is the present value of $5000 to be received in 6 years, if the interest rate is 13% p.a., compounding daily? a. $2292 b. $1100 c. $2402 d. $212613–22. Jeff Associates needs to repay $30,000. The company plans to set up a sinking fund that will repay the loan at the end of 8 years. Assume a 12% interest rate compounded semiannually. What must Jeff pay into the fund each period of time? PROVIDE THE FOLLOWING FOR EACH PROBLEM N= I= PV= PMT= FV= C/Y= P/Y =Q8 What annual rate of return is earned on a $4,000 investment made in year 2 when it grows to $7,600 by the end of year 8? (Do not round intermediate calculations. Round your answer to 2 decimal places.) ANNUL RATE OF RETURN?
- 13. How long will it take P24,000 to amount to $53,400 if it is invested at 12% interest converted monthly? Given: Required: Solution: Answer: Computerized Please Thank youEQUIVALENT ANNUAL ANNUITY A firm has two mutually exclusive investment projects to evaluate. The projects have the following cash flows: Time Cash Flow X Cash Flow Y 0 (80,000) (75,000) 1 40,000 35,000 2 60,000 35,000 3 70,000 35,000 4 _ 35,000 5 _ 5,000 Projects X and Y are equally risky and may be repeated indefinitely. If the firms WACC is 10%, what is the EAA of the project that adds the most value to the firm? (Round your final answer to the nearest whole dollar.)20. Suppose that an investment promises to pay a nominal 9.6 percent annual rate of interest. What is the effective annual interest rate on this investment assuming that interest is compounded (a) annually? (b) semiannually? (c) quarterly? (d) monthly? (e) daily (365 days)? (f) continuously? (Note: Report your answers accurate to four decimal places e.g., 0.0987 or 9.87%.)
