# How much would your investment be worth if you deposited $5,555.55 into a bank that paid compound interest of 4% for 10 years compounded yearly?

Q: If you deposit OMR 8141 in your account in a bank. Suppose the bank pays 8% compound interest half…

A: Given information: Deposit (Present value) : OMR 8141 Rate of interest : 8% Time Period : 5 years…

Q: You invest $ 20.000 in a bank account to buy a house at annual interest rate 15 per year, compounded…

A: Given information: Present value is $20,000 Interest rate is 15% per year compounded monthly Number…

Q: future value of your money in 17 years.

A: Future Values: Future value is the value that will be increased or decreased after a particular…

Q: You deposited $8,000 six years ago into a bank account. Two years ago, you deposited an additional…

A: Here, Initial deposit = $8,000 Total future value = $89,187.52 Interest rate = 14% Time period for…

Q: If you made $600 after investing $12,000 in a bank CD for 4 years, what percent simple interest did…

A: Simple interest = Principal*interest rate*time period Interest rate = Simple…

Q: An investment that cost ₱300,000 was placed in a bank and the bank gave you a 4% compound interest…

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

Q: client deposits $5 million in a savings account that pays 5 percent per year compounded quarterly.…

A: The given problem can be solved using FV function in excel. FV function computes amount value in…

Q: How much should be deposited deposited in a bank paying 1.15% compounded semi – annually to…

A: Compound Interest Compound Interest refers to the interest generated on principal as well as on the…

Q: A depositor currently has $6,000 and plans to invest it in an account that accrues interest…

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

Q: You deposited PHP1, 500 in a bank with an interest rate of 5% for 1 year. What is the future value…

A: Future Value: The future value is the amount that will be received at the end of a certain period.…

Q: An investor deposits €10,000 in a bank account that pays simple interest at a rate of 5. What will…

A: Time value of money: The time value of money is the idea that the value of money received today…

Q: . Your client deposits $5 million in a savings account that pays 5 percent per year compounded…

A: Following is the answer to the question

Q: If you deposit OMR 8415 in your account in a bank. Suppose the bank pays 8% compound interest half…

A: Future value is the value of current asset or investment at a future date. Future value is…

Q: If you deposit 6,000 pesos in an account that pays 4.5 simple interest, how much will you have in…

A: As per bartleby guidelines, "Since you have asked multiple questions, we will solve the first…

Q: Suppose your bank pays 10% interest, compounded semiannually. Find out how much should be deposited…

A: Present value is the amount a person is willing to pay now, in order to get an amount for a…

Q: You just invested $5,000 in a 48-month certificate of deposit (CD) at your local bank. The CD pays…

A: In this question we need to compute the worth of CD when it matures i.e. we need to compute its…

Q: Assume you deposit $5,900 at the end of each year into an account paying 11.75 percent interest.…

A: Annual deposit (P) = $ 5900 Annual interest rate (r) = 11.75%

Q: Fifteen years ago deposited 12500 in to an investment fund.five years ago you added an additional…

A: a) The computation of effective annual rate for 10 year: Hence, the effective annual rate is 8.16%.

Q: 1. If you deposit $10,000 in a bank account that pays 10% interest annually, how much will be in…

A: Dear Student, as per Bartleby answering guidelines we can answer only the first one if the student…

Q: Assume you make 10 equal annual deposits of $2000 into an account paying 8% per year. How much is in…

A: The amount available 6 years after the last deposit will be the future value of this annuity.

Q: Fifteen years ago deposited 12500 in to an investment fund.five years ago you added an additional…

A: a) Computation:

Q: How much money should a man invest in a bank account paying 8 percent annual interest compounded…

A: Interest Rate = 8% Continuous Compounding Future Value Required = 20,000 T (Time Period) = 4 years…

Q: You want to accumulate $500,000 in a savings account in20 years. If the bank pays 6% compounded…

A: Future value: It can be defined as the value of an investment or any asset at a specified future…

Q: f 10,000 is deposited in the bank annually with a 12% per year interest rate. how long will the…

A: Annual Deposit = 10,000 Interest Rate = 12% Future Value Required = 1,000,000

Q: If a person deposits $3,000 at 6% per year simple interest, what compound interest rate would yield…

A:

Q: Suppose you deposit shs 5,000,000 into an account earning 4 percent interest, compounded monthly. a)…

A: “Hi There, Thanks for posting the questions. As per our Q&A guidelines, must be answered only…

Q: How much money to be invested in a bank that earns 9% interest, compounded quarterly, in order to…

A: Interest rate = 9% Quarterly interest rate (r) = 9%/4 = 2.25% Future value (FV) = 5000 Period = 5…

Q: you Php2,000,000 at the end of 20 years in a bank earning 2% interest compounded semi- annually, how…

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

Q: You deposit $10,000 in an account earning 4% interest compounded monthly. a. How much will you have…

A: Compound Interest is the interest on a deposit or loan calculated on the initial principal and the…

Q: Suppose an investor deposits $28,000 into a savings account for 4 years at 6.75% interest. Find the…

A: Dear student as per answering guideline we can answer only three sub parts if a question have more…

Q: Solve the following problem. If P100,000.00 is invested in a bank at 4.5% simple interest annually,…

A: Borrowings are the liability that is used to finance the requirement of the funds. The borrower…

Q: if you deposit 55,650 in a bank at 12% interest for a period of ten years what will be the feuture…

A: Formula: Future value = Present value*(1+rate)^years

Q: You put 8,293 in the bank for 11 years at 5% what factor would you use to calcuate the future value…

A: Formula future value = present value x (1 + interest rate)^n Present value = 8,293 Interest rate =…

Q: K Suppose you receive $500 at the end of each year for the next three years. a. If the interest rate…

A: Present value is the value right now of some amount of money in the future. Formula : PV = FV x…

Q: Fifteen years ago, you deposited $12,500 into an investment fund. Five years ago, you added an…

A: The effective annual rate is the actual rate earned after considering the compounding periods in a…

Q: You intend to accumulate RM5,713 in a bank savings account,4 years from now. How much savings must…

A: Future value = RM 5713 Period = 4 Years Annual interest rate = 10%

Q: How much would your investment be worth if you deposited $5,555.55 into a bank that paid simple…

A: Total Interestn need to be computed for 10 years period by computing the annual interest on amount…

Q: If a person deposits $10,000 at 10% per year simple interest, what compound interest rate would…

A: Compound interest (also known as compounding interest) is the interest on a loan or deposit that is…

Q: You plan to invest an amount of money in a five-year certificate of deposit (CD) at your bank. The…

A: future value formula: future value=present value×1+rmm×n given, r=12% n=5 years fv=$7500 m=4…

Q: How much do you need to deposit into a bank in order to receive proceeds of $200,000 in 5 years if…

A: The equation is, PV=FV÷1+in Where, Present value is represented by PV Future value is represented by…

Q: You deposit $500 each monthinto an account earning 3% interest compoundedmonthly. a) How much will…

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

Q: How many years will be required for a given sum of money to be 8 times the principal amount, if it…

A: Let Present value be $100 So, future value will be = $100 * 8 = $800 Rate = 7.80%

Q: You deposited PHP5,500 in a bank with an interest rate of 6% for l year. What is the uture value of…

A: Deposited amount (PV) = PHP5,500 Interest rate (r) = 6% Period (n) = 1 Year

Q: Fifteen years ago, you deposited $12,500 into an investment fund. Five years ago, you added an…

A: The question is based on the calculation of effective annual interest rate and Future value of…

Q: You deposit $5000 each year into an account earning 3% interest compounded annually how much will…

A: Amount we will have is future value of yearly payments future value is calculated using fv function…

Q: how much would you have saved at the end of six years? Round your answer to the nearest one dollar.

A: Future Value of Annuity = P x [{(1 + r)^n} - 1] / r Here, P = Periodic Deposit i.e. $46904 annually…

Q: Under your six-year savings plan, you deposit P1,000 now and P1,000 at the end of the fourth year,…

A: Future value is a value of an investment or asset on a specific date in the future. Compound…

How much would your investment be worth if you deposited $5,555.55 into a bank that paid

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- Use the tables in Appendix B to answer the following questions. A. If you would like to accumulate $4,200 over the next 6 years when the interest rate is 8%, how much do you need to deposit in the account? B. If you place $8,700 in a savings account, how much will you have at the end of 12 years with an interest rate of 8%? C. You invest $2,000 per year, at the end of the year, for 20 years at 10% interest. How much will you have at the end of 20 years? D. You win the lottery and can either receive $500,000 as a lump sum or $60,000 per year for 20 years. Assuming you can earn 3% interest, which do you recommend and why?You put $250 in the bank for S years at 12%. A. If interest is added at the end of the year, how much will you have in the bank after one year? Calculate the amount you will have in the bank at the end of year two and continue to calculate all the way to the end of the fifth year. B. Use the future value of $1 table in Appendix B and verity that your answer is correct.Use the tables in Appendix B to answer the following questions. A. If you would like to accumulate $2,500 over the next 4 years when the interest rate is 15%, how much do you need to deposit in the account? B. If you place $6,200 in a savings account, how much will you have at the end of 7 years with a 12% interest rate? C. You invest $8,000 per year for 10 years at 12% interest, how much will you have at the end of 10 years? D. You win the lottery and can either receive $750,000 as a lump sum or $50,000 per year for 20 years. Assuming you can earn 8% interest, which do you recommend and why?
- You want to invest $8,000 at an annual Interest rate of 8% that compounds annually for 12 years. Which table will help you determine the value of your account at the end of 12 years? A. future value of one dollar ($1) B. present value of one dollar ($1) C. future value of an ordinary annuity D. present value of an ordinary annuityYou put $600 in the bank for 3 years at 15%. A. If Interest Is added at the end of the year, how much will you have in the bank after one year? Calculate the amount you will have in the bank at the end of year two and continue to calculate all the way to the end of the third year. B. Use the future value of $1 table In Appendix B and verify that your answer is correct.Calculating interest earned and future value of savings account. If you put 6,000 in a savings account that pays interest at the rate of 3 percent, compounded annually, how much will you have in five years? (Hint: Use the future value formula.) How much interest will you earn during the five years? If you put 6,000 each year into a savings account that pays interest at the rate of 4 percent a year, how much would you have after five years?