If $7000 is invested at 3% compounded continuously, what is the amount after 5 years? The amount after 5 years will be $ (Round to the nearest cent.)

Q: Suppose that $1000 is invested now, $2000 is invest two years from now, and $3000 is invested four…

A: Calculate the future value as follows:

Q: If $20,000 is invested today and $20,000 is invested at the beginning of each of the next five years…

A: Compound Interest Formula is  Amount available at the end (A) = P (1+r/n)^nt                where P…

Q: How many years will it take $540 to grow to $11,515.44 if it is invested at 12 percent compounded…

A: In the above question we need to compute the number of years it will take to grow $540 to $11515.44…

Q: If you invest $5,000 now, and your investment pays 12% per annum, how much will you have in three…

A: Following information is given in the question: Investment today (Present value) = $5000 Annual…

Q: If ​$8000 is invested at 6​% compounded​ continuously, what is the amount after 6 ​years?

A: Investment=$8000Interest rate=6%Number of years=6

Q: What is the future value of $550 invested for 5 years at 15 percent compounded annually?

A: Following details are given in the question: Present value (Investment today) = $550 Time period = 5…

Q: Consider the case where the Annual Percentage Rate (APR) is 15%. If the frequency of compounding is…

A: Annual Percentage rate = 15% Compounding = Quarterly Number of compounding per year = 4

Q: How much money should be invested at rate 2% compounded semi-annually to produce a future value of…

A: Present value of an investment is the initial amount that is invested in financial asset.  It is…

Q: Compute the present value of $199,500 that is invested for 6 years and 9 months at 2.45% compounded…

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

Q: If $19,000 is invested at 3% compounded monthly, what is the amount after 4 years?

A: FUTURE VALUE is the value of current cashflow at the future date compounded at the specified rate.…

Q: If $600 is invested in an account earning 2.75% compounded continuously, how much would be in the…

A: A concept that implies the future worth of the money is lower than its current value due to several…

Q: What interest will be earned if $6000 is invested for 5 years at 11% compounded monthly? (Round your…

A: Using excel FV function

Q: ci What will $5,000 invested for 10 years at 8 percent compounded annually grow to? iL How many…

A: Answer i. Information Provided: Term = 10 years Principal = $5000 Interest rate = 8% compounded…

Q: If $11,000 is invested at an annual rate of 6.5% compounded continuously, find the future value…

A:

Q: How many years will it take for $500 to grow to $1,039.50 if it’s invested at 5 percent compounded…

A: Investment amount (P) = $ 500 Future value (FV) = $ 1039.50 Interest rate (r) = 5% Number of years =…

Q: What present value amounts to $25,000 if it is invested for 20 years at 5% compounded annually?…

A: Solution Concept The interest rate compounded annually means the interest is charged on interest and…

Q: What is the compound interest if $47,000 is invested for 10 years at 8% compounded continuously?…

A: The formula used as follows: A=Pert

Q: A principal of 2450 Rials is invested at rate 5.25% compounded quarterly. After how many years the…

A: The time period or the number of years (NPER) refers to the time it would require for the investment…

Q: is invested now, $2,400 two years from now, and $3,400 four years from now at an interest rate of 8%…

A: We will use the concept of time value of money here. As per the concept of time value of money the…

Q: 1. How much interest will be earned on $10,000 in 5 months if the annual simple interest rate is…

A: Answer 1: Information Provided: Present value = $10,000 Time = 5 months Interest rate = 2%

Q: Find the time required for an investment of 5000 dollars to grow to 8700 dollars at an interest rate…

A: The time can be computed using excel as follows:

Q: How much more interest will be earned if $5000 is invested for 6 years at 7%, compounded…

A: a) 7% compounded continuously Future Value = Present value * e^rt Where r =rate of interest i.e. 7%…

Q: How many years will it take $2,000 to grow to $3,600 if it is invested at 3.25% compounded…

A: The concept of the time value of money states that the current worth of money is more than its value…

Q: What will be the Value of 10000$ invested @10% p.a compounded monthly for 25 years?

A: Future value is the worth of a current sum of money after a specified time span, given a fixed…

Q: If $9,000 is invested at 6% per year compounded monthly, the future value S at any time t (in…

A: Future Value(FV) is value of any present amount in future period. It is computed by compounding that…

Q: How much must be invested today at 6% compounded quarterly to have $8,000 in 5 years? Round your…

A: For the above calculation, we need to use the following formula   A = P ( 1 + r / n )^nt   Where  A…

Q: What present value P amounts to $300,000 if it is invested at 5%, compounded semiannually, for 19…

A: PV  is Present value FV is Future value i.e. $300,000 r is Interest rate i.e. n is number of…

Q: What is the accumulated amount after 5 years of P7,500.00 invested at a rate of 10% per year…

A: As per the guidelines we are required to solve first question only when multiple questions are…

Q: The amount of $10,000 is invested and will be worth $21,000 in nine years. What in the continuoushy…

A: Continuous Compounded Interest rate is the interest rate that is calculated on the principal amount…

Q: What interest will be earned if $6500 is invested for 7 years at 10% compounded monthly? (Round your…

A: Compound interest is a method of calculating the interest to be paid for using the money lent in a…

Q: Consider an investment where $45,000 is invested for 15 years at 8% compounded continuously.   How…

A: Continues compounding is a limit that a compound interest can reach. It can be calculated through…

Q: If money can be invested at 7% compounded monthly, find the present value of 55,300 whic is due…

A: Present value is the sum of the current value of money of future cash flows. It is also known as a…

Q: Calculate if $10,000 is invested at interest rate of 12% per annum, what is the amount after 3 years…

A: The provided information are: Present value (PV) = $10,000 Interest rate (r) = 12% = 0.12 Number of…

Q: How many years will it take for ​$500 to grow to ​$1039.50 if​ it's invested at 5 percent…

A: FV or Future value = PV or present value * (1+interest rate)^n To solve for n we can use the NPER…

Q: Find the accumulated amount after 2 years if $5500 is invested at 3%/year compounded continuously.…

A: The accumulated amount on a future date is calculated by going through the formula: A = P(1 + r/n)nt…

Q: You have $125 now. How much would you have after 8 years if you leave it invested at 8% with annual…

A: In the given question $ 125 is invested now at 8% per annum for 8 years. Future value investment can…

Q: Which investment will earn more money, a $5000 investment for 7 years at 7% compounded annually, or…

A: We need to use the concept of time value of money to solve the question. According to the concept of…

Q: What is the future value if the amount invested is 10,000 at 10% compounded quarterly for 5 years?…

A: Solution Given Present value 10000 Rate of interest 10% Compounding Quarterly…

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…

Q: the savings account that yields 12% compounded quarterly, what would our investment grow to at the…

A: The given problem can be solved using FV and EFFECT function in excel. FV function computes  future…

Production Budget

A budget can be defined as a financial plan designed by an undertaking for a definite period in the future that can contribute towards enhancing the financial success of the business undertaking. It is used to estimate the revenue and expenses. The budget generally takes into account both current and future income and expenses.