How much must be deposited today into the following account in order to have $65,000 in 6   years for a down payment on a​ house? Assume no additional deposits are made.   An account with annual compounding and an APR of 4​%

Q: How much must be deposited today into the following account in order to have a $150,000 college fund…

A:

Q: How much must you deposit today into each of the following accounts in order to have $25,000 in 8…

A: Given the amount in the account after 8 years is $25,000.Also given that the amount compounded daily…

Q: A payment of $25,000 is due today. What three equal payments, one in 2 years, one in 4 years, and…

A:

Q: If $82,000 is invested in an annuity that earns 5.9%, compounded quarterly, what payments will it…

A: Here, the present value is $82,000 The periodic rate of interest r=5.94%=1.475% quarterly n = number…

Q: How much must be deposited today into the following account in order to have $55,000 in 6 years for…

A: To find how much money should be deposited today .

Q: If $84,000 is invested in an annuity that earns 5.3%, compounded quarterly, what payments will it…

A: The formula for compound interest is A = P (1+r/n)nt   Where A is the final amount, P = principal…

Q: Find the present value (in dollars) of an annuity that pays $5,000 at the end of each 6- month…

A:

Q: How much must you deposit today into the following accounts in order to have $120,000 college fund…

A: We are given that the interest is compounded daily. So, it's better to calculate the daily interest…

Q: 3. A monthly deposit of P2,000.00 was made at 12% compounded semi annually. How many years will the…

A: Hi, since you have asked multiple questions, we will solve the first question for you. If want any…

Q: How much must be deposited today into the following account in order to have a $110,000 college fund…

A: Given: Future Value:  F.V.=$110,000Time Period:  t=16 yearsInterest Rate:  r=5.5%

Q: A borrower had a loan of $20,000.00 at 6% compounded annually, with 12 annual payments. Suppose the…

A: Given information Loan amount P=$20,000 Interest rate r=6% compounded annually ⇒r=6100=0.06 As loan…

Q: A borrower had a loan of $30,000.00 at 6% compounded annually, with 6 annual payments. Suppose the…

A: Given Total amount P=30000Rate r=6%=0.06Annual payment n=6Time t=3 year

Q: Consider a newlywed who is planning a wedding anniversary gift of a trip to Canada for her husband…

A: "Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: Acme Annuities recently offered an annuity that pays 7.2% compounded monthly. What equal monthly…

A: Formula :-

Q: A borrower had a loan of $50,000.00 at 6% compounded annually, with 7 annual payments. Suppose the…

A:

Q: 5. What principal you have to deposit in a 4.5% saving account compounded monthly in order to have a…

A: Step 1: The equation for amount accumulated after n years with compound interest i is,…

Q: How much must be deposited today into the following account in order to have a $130,000 college fund…

A:

Q: A lottery prize is $600 million. If interest rate is 3 % nominal annual compounded annually, answer…

A: Let P be the principal amount and r be the interest rate compounded annually  then the equal…

Q: If P100,000 is deposited in an account paying 5% compounded quarterly, how much is in the account at…

A:

Q: Jordan deposited $45,000 in an investment fund that was growing at a rate of 5.0 compounded…

A:

Q: Find the present value of an ordinary annuity with deposits of 6,042 quarterly for 4 years at 5.6%…

A:

Q: With a present value of $140,000, what is the size of the withdrawals that can be made at the end of…

A: To find - With a present value of $140,000 what is the size of the withdrawals that can be made at…

Q: mpounding interest and an APR of 4.5% in sume no additional deposits are made.

A: Given as, 8 years is $25,000 and APR of 4.5%.

Q: Find the present value of $50,000 due in 5 years at the given rate (a) 5%/year compounded…

A:

Q: With a present value of $150,000, what is the size of the withdrawals that can be made at the end of…

A: given: Pv=150,000 n=10 r=6.3% compounded quaterly

Q: Linda has joined a "Christmas Fund Club" at her bank. At the end of every month, December through…

A: Solution :-

Q: How much would you need to deposit in an account now in order to have 5000 in the account in 10…

A: Given data is: Amount=5000t=10 yearsr=6% compounded monthly Here, compounded monthly, therefore n=10…

Q: Apollo Enterprises has been awarded an insurance settlement of $6,000 at the end of each 6 month…

A: a) Given that, the PMT=$6000, time t=11 years, interest rate is r=6% and payment is seminally n=2.…

Q: Find the size of periodic payments to be made at the end of each month for 15 years to repay a…

A:

Q: If $87,000 is invested in an annuity that earns 5.1%, compounded quarterly, what payments will it…

A:

Q: What amount must be set aside on a boy’s seventh birthday, which will provide 24 quarterly payments…

A:

Q: Find the maturity value and compound interest if 30,000 is compounded quarterly at an interest rate…

A: We have to find maturity value and compound interest.

Q: Find the interest earned by a deposit of 22,250 at 9 1/4% interest compounded monthly for twenty…

A:

Q: An insurance settlement of $2.5 million must replace Trixie Eden's income for the next 25 years.…

A: Given: An insurance settlement of $2.5 million must replace Trixie Eden's income for the next 25…

Q: How much would you need to deposit in an account now in order to have $6000 in the account in 15…

A: Question is solved.

Q: If Jackson deposits $80 at the end of each month in a savings account earning interest at a rate of…

A: Given,  P = $80 R = 3% = 0.03 n= 12 t=4

Q: If Jackson deposits $80 at the end of each month in a savings account earning interest at a rate of…

A: According to the given informationAmount deposited (P) = $80Rate of interest (R) = 2% per annumTime…

Q: A payment of $2,170 was due three years ago, and a payment of $1,850 is due today. What single…

A:

Q: A payment of $2,600 was due three years ago, and a payment of $1,450 is due today. What single…

A:

Q: Find the present value of an ordinary annuity with payments of $19,502 quarterly for 9 years at…

A:

Q: Apollo Enterprises has been awarded an insurance settlement of $4,000 at the end of each 6 month…

A: Consider the provided question, (a)

Q: A company currently owes $35,000 to a bank for a loan it took 5 years and 7 months ago. The interest…

A:

Q: (SLO) How much should a mother invest at the time her son is born to provide him with $80,000 at age…

A:

Q: How much must be deposited today into the following account in order to have $30,000 in 8 years for…

A:

Q: How much must be deposited today into the following account in order to have $50,000 in 5 years for…

A:

Q: How much must be deposited today into the following account in order to have a $115,000 college fund…

A: Here, the formula used is: A=P1+rnnt...(1) where  P=present valueF=Future valuwr= raten=number of…

Q: Apollo Enterprises has been awarded an insurance settlement of $2,000 at the end of each 6 month…

A:

Q: A family needs to take out a 30 year home mortgage loan of $90,000 through a local bank. APR for a…

A: (a) Calculate the monthly payment for the loan EMI. P=90,000r=5.1%=0.05112 monthlyt=30 yearsn=30×12…

Q: A $110,000 mortgage amortized by monthly payments over 20 years is renewable after a term of 5…

A: Given: Loan amount P = $110,000 Monthly payment over 20 years Hence Total number of payment = 12*20…

Q: Use the Zero Coupon Bond information above to answer this question. A zero coupon bond with a face…

A: