How much money would be accumulated 15 years from now from deposits of $11,000 per year for 5 consecutive years, starting 5 years from now, if the interest rate is 12% per year. The amount that would be accumulated is determined to be $

Q: As an engineer, you plan to put aside 20% of your yearly income. You expect to make Php1 million in…

A: Save 20% of Yearly Income Income in first year = 1,000,000 Savings in first year = 20% * 1,000,000 =…

Q: What is the future worth of a series of equal yearly deposits of $6,000 for 6 years in a savings…

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

Q: ABC Corporation has invested $2.5 million every 3 months in an investment which earns interest at…

A: Present value is the sum of money that must be invested to achieve a specific future goal. Future…

Q: How much money will be in a bank account at the end of 15 years if $100 is deposi ted today and the…

A: Following details are given in the question : Deposit today (Present value) = $100 Time period = 15…

Q: A company has a $160,000 note due in 7 years. How much should be deposited at the end of each…

A: Sinking fund: It is an account that uses compound interest and into which periodic deposits are…

Q: If $10,000 is invested in a certain business at the start of the year, the investor will receive…

A: Computation of present value:Hence, the present value is $1,151.30.

Q: What is the present value of a stream of $800 cash payments, each to be made at the beginning of the…

A: Simple Annuity due refers to the payment system where amount paid or received in eac period is not…

Q: At a return rate of 20% per year, the amount of money you must deposit for five consecutive years…

A:

Q: How much will $10,000 grow to in 3 years, assuming an interest rate of 9% compounded quarterly? What…

A: As you have asked a multiple subpart question, we will answer the first three subparts for you. To…

Q: What amount will be paid at the beginning of every month for 10 years if the present value is 200,…

A: Payment at the beginning of every month = PV x r / [{1 - (1 + r)^(-n)} x (1 + r)] Here, PV = Present…

Q: If you wish to accumulate $140,000 in 13 years, how much must you deposit today in an account that…

A: The provided information are: Future value (FV) = $ 140000 Time period (n) = 13 years Interest rate…

Q: How much money will be in an account for 10 years from today if 20,000 is deposited today at a rate…

A: Following details are given in the question: Present value (Investment today) = $20000 Time period =…

Q: How much money would be accumulated in15years for a deposit of $15,000 made at the end-ofyear zero…

A: The formula used as follows:

Q: A sum of money invested now at 10 percent compounded semi-annually is to provide payments of $1500…

A: Let the money to be invested now = X Semiannual payment (A) = $1500 Number of payments (n) = 16 r =…

Q: 3. A 10,000 loan is taken out and the interest rate is 8 percent effective. Payments are made on the…

A: GIVEN, Loan is taken  - $10000            Interest rate  - 8% Paayment is to be completed in 10…

Q: Find the time required for an investment of 4,000 dollars to grow to 14,000 dollars at an interest…

A: Present Value = Future Value * [  1 / ( 1 + Rate ) ]N

Q: compounded monthly for any deposits made in the next month. If they deposit $10,000, then how much…

A: Future value: It represents the future worth of the present sum of money. The future value is…

Q: At a return rate of 20% per year, the amount of money you must deposit for five consecutive years…

A: Given Information : Return rate - 20% per year Future value of the amount deposited - $50,000

Q: A company wants to deposit $500,000 per year in an investment which earns interest of10 percent per…

A: The value at the end of the 10 deposit is the future value of the first 10 deposits.

Q: You are expecting to retire in 28-years and you want to retire with $10,000,000. How much you must…

A: Given information: Future value is $10,000,000 Present value is $122,000 Number of years is 28…

Q: How much money would you need to set aside each year for 14 years, at 10% interest, to have…

A: A study that proves that the 1value of money today is higher than the future value of money is term…

Q: Suppose that $1,000 is invested for 4 years at an interest rate of 12%, compounded quarterly. How…

A: Future Value refers to the value of the current asset or investment or of cash flows at a specified…

Q: A man wants to invest $10,000 at 3.5% interest. How much will he have in his account in 7 years and…

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

Q: will your hotel have at the end of the 10th year ($)?

A: Future value refers to the amount of a current cash flow at some future date based on the given…

Q: If 6000 dollars is invested in a bank account at an interest rate of 8 per cent per Find the amount…

A: Future value is the value of present cashflow compounded to future date at specified rate. formula:…

Q: The present value of a series of $5 at the end of every 5 years, forever, is equal to $20. Calculate…

A: The present value is the value of the sum received at time 0 or the current period. It is the value…

Q: if a person begins saving money by depositing $4000 per year (Annually ) at an interest rate 10% per…

A: Given information: Annual deposits : $4000 Interest rate : 5% Time period : 5 years

Q: A certain sum of money will be deposited in a savings account that pays interest at the rate of 6%…

A: The following information given in the question: Rate of interest : 6% compounded annually (I)…

Q: If 14700 dollars is invested at an interest rate of 9 percent per year, compounded semiannually,…

A: Using excel FV function

Q: How much money would you have to deposit for 5 consecutive years (equal annual deposits) starting…

A: Annual interest rate = 11% Annual withdrawal = P 120,000 Number of annual deposit = 5

Q: If 2400 dollars is invested in an account for 10 years. Find the value of the investment at the end…

A: Future value(FV) is the value of initial investments at a future date after compounding it with a…

Q: 2. If you invest P25,000 at 8% interest compounded annually, approximately how much money will be in…

A: The future value of a cash flow is the future worth of a cash flow at a certain rate of interest and…

Q: If you make quarterly deposits of $1000 for 15 years into an account that compounds interest at 1.5%…

A: Quaterly deposit is $1000 Time period is 15 years Interest rate is 1.5%   To Find: Future Value

Q: What lump sum of money must be deposited into a bank unt at the present time so that $5,000 per year…

A: In this we need to calculate the present value of all options.

Q: If $ 30000 is invested at 8% interest per year, compounded continuously, how much will be in the…

A:

Q: How many years will it take $145,000 to grow to $645,000 if it is invested in an account with a…

A: We use NPER function in excel to calculate time taken

Q: set up an equation and solve each problem. Suppose that $500 is invested at a certain rate of…

A: Introduction Future Value:  The utility of cash or an asset at a future date is referred to as…

Q: How much are the 2 million dollars received annually over the course of 25 years worth in terms of…

A: Time value of money (TVM) means that the amount of money received in the present period will have…

Q: You have borrowed $60,000 at an interest rate of10.5%. Equal payments will be made over a…

A: A series of fixed payments that are paid or received at an equal time interval is term as the…

Q: What sum must be deposited today at 18 percent per year compounded monthly if the goal 5 years from…

A: Time value of money is one widely used by the management to evaluate the project and to determine…

Q: How much would a company have to invest now in order to sufficiently provide for annual payments of…

A: Solution:- Calculation of the How much would a company have to invest as follows under:-

Q: What is the future worth of a series of equal year-end deposits of $3,000 for 15 years in a savings…

A: Given in the question, Deposit (p v) = $3,000 Time = 15 years Interest = 9% We have to find the…

Q: You wish to make an investment of $10,000 at 5% interest. How much will your Investment be worth in…

A: Present Value= $10,000 Interest rate= 5% Time period= 20 years

Q: How much money will be required four years from today to repay a ₱2,000 loan that  is made today at…

A: The money required to pay after four years can be calculated as the future value of loan

Q: How much will $10,000 grow to in 3 years, assuming an interest rate of 9% compounded quarterly? What…

A: Note: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question…

Q: How much must be invested now at 8% interest in order to have $75,000 in eight years?

A: Future value (FV) is crucial to investors and financial planners because they use it to predict how…