How much should t invest today and expect a reímbursement every other month with a ROR of 0,08 compounded bl-monthly for 4 years? I expect to receive every other month an amount of 5,245.

Q:

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A: Future Value of Annuity Due = (1 + r) x P x [{(1 + r)^n} - 1] / r

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Q: How much should I invest today and expect a reimbursement every other month with a ROR of 0.12…

A: Bi-monthly receipt amount (C) = 5822 Annual interest rate = 0.12 Bi-monthly interest rate (r) =…

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A: Future value is an amount reccievable in future(after certain period)  by investing today. Formula…

Q: How much should I invest today and expect a reimbursement every other month with a ROR of 0.1…

A: Annual interest rate = 0.10.1 Bi monthly interest rate (r) = 0.1/6 = 0.016666667 Period = 4 years…

Q: How much should I invest today and expect a reimbursement every other month with a ROR of 0.11…

A: An annuity is a stream of equivalent periodic cash flows over a specific period. In this stream,…

Q: You are considering taking out a loan of 20,000 that will be paid back over 7 years with monthly…

A: Interest amount decreases and the principal paid amount increase as loan payments proceed further.

Q: How much should I invest today and expect a reimbursement every other month with a ROR of 0.08…

A: Interest rate bi-monthly = 8% Annual effective rate of interest = {[1 + (Interest rate pa % / Number…

Q: If you deposit $6800 today in an account that pays 5.0% per year, compounded quarterly, how much…

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

Q: How long would it take you to double your money in an investment if it earns 5.75% compounded…

A:

Q: a) i) Ali is paying off a loan by making $50 payments at the end of every month for 2 years, at 6%,…

A: Loan is a borrowed amount taken for the purpose of completing the shortage of funds. When an…

Q: How much should you deposit each month in order to save $20,000 in five years? The account you will…

A: Details: RATE (5.75%/12) 0.479167% PERIOD  (12*5) 60 PRESENT VALUE $0 FUTURE VALUE $20,000

Q: How much money would you need to place in an account to have $1,000 10 years from today? Assume the…

A: The formula used as follows: Present value=Future value1+innt

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A: The principle refers to the amount you committed to repay at the outset. The expense of borrowing…

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A: Amount to be saved is $2581.00 Interest rate is 7% compounded monthly Monthly deposit $227 To Find:…

Q: You borrow $11,000 and promise to make payments of $3,359.50 at the end of each year for 5 years.…

A: The question gives the following information:

Q: If you have $1,051.75 going into a long term savings account monthly, for 4 years, that pays and APR…

A: Here we can apply the principles, concepts and formula of time value of money to solve the question.…

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A: The Future Value of Annuity Due refers to the concept which determines the sum total of all the cash…

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A: The loan is taken in order to finance the purchase of the asset or for the purpose of expansion. The…

Q: How much will I have 8 years from now, if I will invest P10,741 at the end of cach three months for…

A: Quarterly investment = P 10,741 Period = 3 Years Number of quarterly payments = 3*4 = 12 Annual…

Q: If you borrow $800 for 6 months at 4% annual simple interest, how much must you repay at the end of…

A: Borrow amount (principal)= 800 Interest =4% Period =6 months

Q: how much should I invest today and expect a reimbursement every other month with a ROR of 0.08…

A: ROR = 0.08 Bi-monthly ROR (R) = 0.08/6 = 0.0133333333 Period = 4 Years Number of bi-monthly payments…

Q: You have 1,500 to invest today at 7% interest rate Compounded annually. a- Find how much will you…

A: FV is the future worth of cash flows that have occurred in the past or present.

Q: How much money would you have to deposit for 20 consecutive periods starting 1 year from now if you…

A: N = 20 semi annual periods (10 years) Future Value Required = 250,000 Nominal Rate = 12% Quarterly…

Q: How much should be deposited into an account to set up an annuitv that will provide equal payments…

A: Present Value: Given a certain rate of return, the present value (PV) of a future amount of money or…

Q: If you wish to save $100,000 at the end of 5 years, how much will you need to invest each month if…

A: Compounding of interest means the interest rate will be applied on the accumulated principal plus…

Q: You want to invest an amount today that will last for 8 years and allow you to withdraw $725 at the…

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

Q: how much is this account worth in today's dollars?

A: Present value: It is the present worth of the annuity cashflows discounted over a period of time.…

Q: You were buying a House for $190,000 with a down payment of $57,000. The loan will be paid back over…

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Q: What Annual payments will replace a monthly payment of  at the start of each period for an insurance…

A: The future value of an annuity due is the future worth of a cash flow series paid/received at the…

Q: If I invest PI0,387 today and expect a reimbursement every 6 months with a rate of l1.54% compounded…

A: solution : given present investment (PV)              =P 10,387 rate of interest…

Q: How much should I invest today and expect a reimbursement every other month with a ROR of 0.08…

A: rate = 8%/6 N = 4*6 PMT = 5245 FV = 0 use PV function in Excel

Q: How long (in years) will it take to repay a $100,000 loạn taken out today at 7% compounded monthly,…

A: The time value of money is the one widely used by companies and individuals to determine the current…

Q: How much money must you invest today in order to withdraw P 13,257 annually for5 years if the…

A: Using excel PV function

Q: If you were to borrow $9,400 over five years at 0.10 compounded monthly, what would be your monthly…

A: Given data, Monthly rate=0.1012No of periods=5 years×12=60 months

Q: At the moment you don't have any money saved for retirement, but have resolved to start making $425…

A: Given: Monthly payments "PMT" = $425 Effective annual rate = 9.9% Future value "FV" = $2400000

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: If you want to have $7700 at the end of 9 years, how much money you need to deposit today into an…

A: Present Value refers to the value of cash flows today which is to be received at some future time…

Q: You plan to save money for a down payment of $37,000 to purchase an apartment. You can only afford…

A: Amount needs to save "FV" is $37,000 Savings per Quarter "PMT"  is $1,250 Interest rate is 3.71%…

Q: You are considering taking out a loan of $10,000.00 that will be paid back over 12 years with…

A: We need to use loan amortisation formula to calculate unpaid balance of loan Unpaid balance(P)…

Q: You expect that you will need to replace your furnace in 4 years at a cost of $16,716. How much must…

A: Given months = 30 cost = 16716 APR = 2.91%