How much should be invested in an account paying 10% compounded quarterly for it to accumulate to 5,500 OMR in six years? a) 3040.814 OMR b) 9525.92 OMR c) 3122.62 OMR d) 4103.19 OMR

Q: 7 is invested at the end of each 6 months for 6 equal payments at 0.27 compounded semi - annually.…

A: Given information : Periodic investment  $  1,287.00 Interest rate 27% Total installments 6…

Q: With a 0.14 compounded semi annually, approximately how much money must be invested today in order…

A: Given information : Interest rate 14% Amount to be withdrawn $7,802 Time period (years) 7…

Q: If $3500 is deposited at the end of each quarter in an account that earns 7% compounded quarterly,…

A: Future value of annuity is: = P * ([1 + I]^N - 1 )/I, where P is annuity amount. I is equal to the…

Q: What rate of interest, compounded annually, will result in the receipt of P15 938.48 if P10 000 is…

A: Let the interest rate = r Final amount (F) = P 15938.48 Invested value (P) = P 10000 n = 8 years

Q: A $183900 Ioan is repaid by 23 payments of $2500 each at the end of quarter, followed by 29 payments…

A: Loan is contract between lender & borrower where lender provide funds to borrower for definite…

Q: How long will it take for P 1,000.00 to amount to P 1,346.00 if invested at 6 compounded quarterly?

A: Interest is the amount charged or received by investing or borrowing some amount. It can be simple…

Q: A debt of $36,000 is repaid over 10 years with payments occurring quarterly. Interest is 8%…

A: The periodic payment would occur on each quarter then, first of all, we have to calculate the…

Q: If P25, 000 is deposited now into a savings account that earns 6% per year, what uniform annual…

A: Present Value of Ordinary Annuity refers to a concept that determines the value of cash flows at…

Q: How much time does it take for a $4,900 investment to grow to $8,100 in an account compounded…

A: FV = PV* (1 + r / n)nt Where, PV = Present value FV = Future value r = Rate of interest (percentage…

Q: Money borrowed today is to be paid in 6 equal payments at the end of 6 quarters. If the interest is…

A: Here, Quarterly Payment is P2,000 Interest Rate is 12% Compounding Period is Quarterly i.e. 4 Time…

Q: Money is invested at 5.70% p.a. compounded semi-annually for 37 months. What is the numerical value…

A: Solution:- When an amount is invested somewhere, it earns interest on it. The amount deposited is…

Q: Money borrowed today is to be paid in 6 equal payments at the end of six quarters. If the interest…

A: P =A[(1 + i)n- 1 ]/(1 + i)ni   Wherein   i Means Rate of Interest A Means Annuity Payment N means…

Q: At what rate compounded monthly will P4,222 accumulate to P16,444 in 2 years and 10 months?

A: Yield to maturity can be calculated by following function in excel =RATE (nper, pmt, pv, [fv],…

Q: How much must be invested now at 6% interest, compounded monthly, to accumulate $1,000 at the end of…

A: Present value = Future value/(1 + r)n         OR Present value = Future value x (Present value…

Q: Money borrowed today is to be paid in 7 equal payments at the end of each quarter. If the interest…

A: A financial measurement that calculates the worth of a potential sum of money or stream of payments…

Q: If you deposit RM35,000 in an account earning 18% with monthly compounding, how much would you have…

A: Using the future value function

Q: What will be the maturity value of P12,000 invested for four (4) years at 15% compounded quarterly?…

A: The question is based on the concept of the time value of money, the value of money keeps on…

Q: If $6000 is invested in an account. After three years, the account has $7500 in it. If money is…

A: Question is based on the concept of Time value

Q: How much is the present sum is equivalent to a series of P1000 annual end-of year payments, if a…

A: Annual payment (P) = P 1000 Interest rate (r) = 6% Number of annual payments (n) = 10

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: $200 is invested into an account that earns 3% annual interest, compounded monthly. After how many…

A: Give Present value $200 Since we want interest of $200 The future value = $200 + $200 = $400…

Q: You invested $16505 for 11 years at 4.23% per annum. How much more would you receive at the end of…

A: Investment = $ 16505 Period = 11 Years Interest rate = 4.23%

Q: You invested $5766 for 15 years at 6.66% per annum. How much more would you receive at the end of…

A: Investment amount = $ 5766 Interest rate = 6.66% Period = 15 Years

Q: A business loan worth Php 1,000,000 is to be repaid quarterly in 2 years . The interest rate is 10%…

A: in this we have to find present value FACTOR and find quarterly payment and solve remaining part.

Q: Suppose a principal of 2500 Rials accumulated to 4000 Rials over a period of 8 years. Determine the…

A: The nominal rate can be computed with the help of future value function and logarithm values.…

Q: 40,000 is repaid over 9 years with payments occurrir = the size of the periodic payment? = the…

A: interest rate is compounding quarterly so we have to find effective annual interest rate.

Q: If you deposit RM15,000 in an account earning 20% with semi annually compounding, how much would you…

A: Compounding is a way to find the FV of a deposited amount by considering the appropriate rate for…

Q: How much will be received in 6 years if Php35,000 is deposited in an account earning 5.5% interest…

A: Compound interest is an investment method where the interest earned is reinvested back which earns…

Q: If $5500 is deposited at the end of each quarter in an account that earns 7% compounded quarterly,…

A: Given data; deposit amount = $5500 rate of interest = 7% Future value of annuity = $90,000

Q: What is the value in 10 years of $10,000 deposited in an account earning 8% compounded monthly?

A: A study that proves that the future worth of the money is lower than its current value due to…

Q: 20. $1,000 is deposited each month in an account paying 4.23% for 15 years. Then, $350 is deposited…

A: Note : As per our guidelines, we can only answer one question at once. Please post other question…

Q: Suppose that a $200 lump sum amount is invested for 10 years at a nominal interest rate of 5%…

A: Future value can be calculated using FV = PV* (1 + r / n)nt Where, PV = Present value FV = Future…

Q: At nominal rate compounded quarterly will P0.5 million accumulated at P760,000 in 4 years?

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

Q: a 0.18 compounded quarterly

A: Given information : Interest rate 18% Amount to be withdrawn $47,783 Number of withdrawals 6…

Q: If money is worth 8% compounded quarterly, find the present value of 12 quarterly payments of P1,…

A: The rate of interest is 8% compounded quarterly. The payment made for 12 quarters. the each payment…

Q: If $1000 is invested annually at 6% continuous compounding for each of 10 years, how much is in the…

A: Future Value of continuously compounding annuity = A * (e^rt -1) / (e^r -1) Where r = rate of…

Q: What cash payment is equivalent to making payments of ​$944.00 at the end of every six months for 9…

A: We need to use present value of annuity formula to calculate cash payment Cash payment(PV)…

Q: suppose that $6,300 is invested at 3.1% annual intrest rate, componded monthly. how much money will…

A: Future Value(FV) is value of current amount at future date. It is computed by compounding that…

Q: What amount will be received after 18 months if P15 000 is invested at 4% compounded semi annually?…

A: Invested amount (PV) = P15000 Interest rate = 4% Semi annual interest rate (r) = 4%/2 = 2% Number of…

Q: A deposit of $50,000 is made into an account that pays 10% compounded semiannually. How much would…

A: Introduction: Amount which is deposited into an account now is referred to as present value. The…

Q: Consider a loan of 800,000 which is to be amortized by 60 monthly payments. The interest rate is 12%…

A: Solution:- When an amount is borrowed, it can either be repaid as lump sum payment or in…

Q: MONEY BORROWED TODAY IS TO BE PAID IN 6 EQUAL PAYMENTS AT THE END OF 6 QUARTERS. IF THE INTEREST IS…

A: Borrowing is defined as the term, which used to allow the person to spread their funds around with…

Q: Suppose that $4500 is invested in an account that pays 2% annually and is left for 4 years. 1) How…

A: Given Information:  Principal = $4,500  Rate = 2% or 0.02  Time = 4 years

Q: What is the future value of $100 invested in an account for eight years that earns 10% annual…

A: Formula: Future value = Present value x ( 1 + r )N R = Rate of interest N = Number of years

Q: Find the interest if P50,000 is invested at 7% compounded monthly for 5 years and 6 months. O A.…

A: Solution: Monthly interest rate = 7%/12 = 0.583333% Nos of monthly periods = 5.6*12 = 66 months…

Q: A certain sum of money is invested at 2 years at 12% compounded quarterly. If the sum is P43,000,…

A: Present value is equivalent value of money that is today of the future money to be received based on…

Q: A loan of ₱2800 was paid off at the end of 120 days with a check of ₱2917.60. what annual rate of…

A: A loan is a financial arrangement between two parties, i.e., borrower and lender. In this…

Mortgages

A mortgage is a formal agreement in which a bank or other financial institution lends cash at interest in return for assuming the title to the debtor's property, on the condition that the obligation is paid in full.

Mortgage

The term "mortgage" is a type of loan that a borrower takes to maintain his house or any form of assets and he agrees to return the amount in a particular period of time to the lender usually in a series of regular equally monthly, quarterly, or half-yearly payments.