If I invest PI0,387 today and expect a reimbursement every 6 months with a rate of l1.54% compounded semi-annually for 3 years. How much will I expect to receive every June and Pecember of every

Q: Your friend plans to invest $1,000 per month into an account expected to have an effective annual…

A: Here, EAR is 6.2% Monthly payment (PMT) is $1,000 Required Amount (FV) is $100,000

Q:

A: As per the given information: Amount of loan - $164,000 Rate of interest - 8% Period - 11 years To…

Q: You put $1, 000 into a savings account today that offers a 5% APR with semi-annual compounding…

A: Interest rate is the rate that is charged on the money (Principal) lent by the lender to the…

Q: If you want to have $5600 at the end of 9 years, how much money you need to deposit today into an…

A: If you want to have $5600 at the end of 9 years, the money you need to deposit today into an account…

Q: Ms. Aay is considering to deposit $500 every six months, and would receive interest at an annual…

A: Semi annual deposit (P) = $ 500 Annual interest rate = 8% Semi annual interest rate (r) = 8%/2 = 4%…

Q: If money is worth 8% annually, what annual payment is required to raise ₱ 18,811 after 2 years if…

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

Q: To supplement your planned retirement in exactly 42 years, you estimate that you need to accumulate…

A: The future value of an annuity is the worth of a series of recurrent payments at a future date,…

Q: Daysha would like to save $460 at the end of every three months for the next 6 years in a savings…

A: As per the given information: Interest rate - 1.92% compounded annually Amount deposited at the end…

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) =…

Q: If money is worth 9.94% annually, what annual payment is required to raise P 15,043 after 1 years?

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

Q: b._ You want to have GH¢ 50,000 in your savings account five years from now, and you’re prepared to…

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

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: You have $42,180.53 in a brokerage account, and you plan to deposit an additional $5,000 at the end…

A: The future value of annuity helps an investor or an individual to know the future value of their…

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: 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: You deposit $23,000.00 in an account that pays 4% compounded annually and immediately start making…

A: In this question future value would also be find out so that payment per year can be find out.

Q: You want to have $50,000 in your savings account 12 years from now, and you’re prepared to make…

A: The annuity refers to the regular payment or receipt that lasts over a period of time. The annuity…

Q: If you deposit $8700 today in an account that pays 8.5% 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: A balloon payment of $21,000 on your house is due in 10 years. Ifyou can earn an average of 5…

A: INTEREST RATE 5% YEARS 10 PMT 0 FUTURE VALUE 21000

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: You want to have $2,000,000 in your savings account seven years from now, and you're prepared to…

A: Given: Future Value of investment "FV" = $2000000 Number of payments "n" = 7 Interest rate "r" =…

Q: d) You expect to make 12 semi-annual payments of $ 5,000 each at the rate of return of 5%…

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

Q: You have $22,241.93 in a brokerage account, and you plan to deposit an additional $4,000 at the end…

A: Present Value = $22,241.93 Future Value = $220,000 Interest Rate = 10% Periodic Payment = $4,000

Q: I invest 33,996 today and expect a reimbursement every 6 months with a ROR of 0.1 compounded…

A: solution given Present value of investment 33996 Rate of interest 10% Semiannual…

Q: Ms. Aay is considering to deposit $600 every six months, and would receive interest at an annual…

A: In the given question, semi-annual deposits of $ 600 are made for next 5 years, wherein first…

Q: How much money do you need now to set up a perpetuity that pays $2,000 at the end of each quarter if…

A: In finance, there are two types of series of cash flows, i.e., an annuity, and perpetuity. An…

Q: If you deposit $620 every month for the next 9 years, with first deposit to be made today and all…

A: The given problem relates to concept of annuity. An annuity is a series of uniform cash flows over a…

Q: You will deposit $2,000 per year for the next 10 years. Then, you will start drawing money out of…

A: Future value is the value of the present cash flows in future. Investor will deposit same equal…

Q: How much must I prepare today if I want to have P53,484 at each end of the month as long as I live…

A: The series of cash flows received at the end of each month forever will be called a perpetuity. The…

Q: You expect to receive P1,000 at the end of each of the next 3 years. You will deposit these payments…

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

Q: You expect to make equal payments of $3460.00 at the end of each semi-annual period over the next 3…

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

Q: If you need P350,000 for a down payment on a house in 3 years, how much money must you invest today…

A: Present value: It can be defined as today’s worth of an investment that will be received in the…

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: 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: You plan to deposit $100 at the end of every quarter (3 months) for 8 years starting at the end of…

A: Quarterly deposit (Q) = $100 Number of deposits (n) = 8 years = 32 quarters r = 8% per annum = 2%…

Q: What amount should you invest today if you wish to receive Php 1647750, 24 years from now if your…

A: Interest on interest, or compound interest, is the adding of interest to the principal sum of a loan…

Q: You deposit $27,000.00 in an account that pays 4% compounded annually and immediately start making…

A: Given:

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: You have set a goal to save ​$ 10000 in a savings account that earns interest at​ 2.54% compounded…

A: Annuity due are the payments which are made at the beginning of the period.

Q: Mr. Gordon plans to invest $600 at the end of each month in an account that pays 12%, compounded…

A: a) An ordinary annuity may be a set of identical installments paid over an indicated sum of the time…

Q: You want to have 75000 in your savings account 12 years from now, and you’re prepared to make equal…

A: Given information: Amount at the end (Future value) 75000 Time Period (in years) 12 Interest…

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: If $80,000 is invested in an annuity that earns 5.3%, compounded quarterly, what payments will it…

A: The total number of years is 8.5. The total number of quarters will be (8.5 × 4) = 34. Interest rate…

Q: How much should t invest today and expect a reímbursement every other month with a ROR of 0,08…

A: Present Value of annuity refers to the current value of all the series of payments or income at…

Q: You expect to receive P1,000 at the END of each of the next 3 years. You will deposit these payments…

A: Following is the computation of Future value at the end of the third year

Q: If l invest 25,363 today and expect a reimbursement every 6 months with a ROR of 0.09 compounded…

A: Let the reimbursement expected semiannually = A The amount of 25363 is the present value of annuity.…