If one makes quarterly deposit of $1250 into an account that pays interest at a rate of 6% compounded monthly. Draw the cash flows diagram and find the balance of the account at the end of 2 years.

Q: iii) Someone borrows $ 45,000 at a rate of 20% per annum and after one year begins to pay annual…

A: Loan amount (PV) = $ 45,000 Annual interest rate (r) = 20% Number of annual payments (n) = 5

Q: Deposit of ₱1,000 is made at the end of the first year and increases by ₱ 500 for the next following…

A: Present value is the present worth of any sum of money to be received in the future at a specified…

Q: The cash flows shown in the table below occur every six months (bi-annually) and have a total…

A: Present value of annuity is the current value of the future payments that are calculated using the…

Q: In the given qustion as follows , consider making monthly deposits of P dollars in a savings account…

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

Q: What lump sum of money must be deposited into a bank account at the present time so that $500…

A: Monthly withdrawals six years from now is $500 Time period of withdrawal is 5 years interest rate…

Q: If P10,000 is deposited each year for 9 years, how much annuity can a person get semi-annually from…

A: Amount Deposited each year is P10,000 Time period is 9 years Interest rate is 14 % compounded…

Q: A sum of money is deposited now in a savings account. The effective annual interest rate is 12% and…

A: Individuals deposit a sum of money into savings accounts in order to earn interest and accumulate a…

Q: Deposit of ₱1,000 is made at the end of the first year and increases by ₱ 500 for the next following…

A: So in the question asked, We will first list down the important details provided 1) Deposit Amount =…

Q: Suppose a bank pays you 2% annual interest compounded quarterly. You deposited $2,350. How much will…

A: Computation:

Q: An amount of 50,000 was borrowed at an interest rate of 10% per year and was to be repaid over a…

A: Cash Flow Diagram: Income and expenses over some time interval are visually represented in cash flow…

Q: What deposit made at the beginning of each month will accumulate to P120,000 at 8% compounded…

A: Future Value = P 120,000 Interest Rate = 8% compounded semi-annually Time Period = 10 Years

Q: . What lump sum of money must be deposited in a bank account at present time so that Php 500 monthly…

A: Monthly withdrawal (M) = Php 500 after 6 years (72 months) Number of withdrawals (n) = 5 years = 60…

Q: What deposit made at the beginning of each month will accumulate to P120,000 at 8% compounded…

A: Let the monthly deposit = M Accumulated value = P 120000 Interest rate = 8% semiannually compounded…

Q: An account pays 4 percent interest (yearly effective). 10,000 dollars is deposited into that account…

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

Q: IF you deposit $300 each quarter into an account earning 3.2% compunded quarterly, how many years…

A: Quarterly payment (PMT) is $300. Annual rate of return is 3.2% and Rate of return per quarter is…

Q: Calculate the future sum of $1,200, given that it will be held in the bank for 5 years and earn 14%…

A: Below details are given in the question : Present value = $1200 Time period = 5 years  Interest rate…

Q: A Student loan totals $30,000 at graduation. The nominal interest rate is 12% compounded monthly,…

A: Total payments= 32 Total amount of loan (L)= 30000 Rate of interest (r) = 12%/12 = 1.0% per month…

Q: What is the present value of a $120,000 cash flow to be received at the beginning of each of the…

A: Amount  of Cash flow = $120000 at the beginning of the year Years(n) = 20 Annual rate(r) = 9%…

Q: How much cash must be deposited in a savings account (as a single amount) in order to accumulate…

A: According to the policy we are supposed to solve one question at a time. Kindly repost further…

Q: What is the present value of a $400,000 cash flow to be received at the end of each of the next 10…

A: given, A=$400,000 r=9% n = 10

Q: If 6000 dollars is invested in a bank account at an interest rate of 8 per cent per Find the amount…

A: Future value is the value of present cashflow compounded to future date at specified rate. formula:…

Q: Determine the present value of the following cash flows; P4,000 at the end of 4th month and every…

A: Given information= P4000 at the end of 4th month and every month thereafter till the 12th Month…

Q: use the appropriate formula to find the future value (in $) of $500 dollars deposited at the…

A: A study that proves that the 1value of money today is higher than the future value of money is term…

Q: Determine the amount of money in a savings account at the end of 5 years, given an initial deposit…

A: Compounding: It is the practice by which the interest is credited both to an existing principal…

Q: y at the beginning of each month for Php 1,500.00. On the third year onwards, how much are you…

A: First year there was ordinary payment of Php 1000.00 If the payment of each month is - PHP 15000 for…

Q: 9th deposit is m

A: Given Information: Amount Deposited each year is P10,000 Time period is 9 years Interest rate is 14…

Q: A person deposits $150 per month into a savings account for 2 years. If $75 is withdrawn in months 4…

A: Cash is considered as one of the most important and valuable factors of the business, without which…

Q: cashflow diagram.

A: The cash flow statement represents the inflow and outflow of cash from the company in a particular…

Q: A sum of 2500 TL is deposited in a bank and cashed back at the end of 3 year as 5000 TL. Find the…

A: Deposited amount (PV)= 2500 TL Cashed amount (FV)=  5000 TL Time period= 3 years Monthly and annual…

Q: A series of seven annual payments starting with Php. 4,000.00 on the first year increases by Php.…

A: Time value of money is the concept widely used by the management to determine the worth of the sum…

Q: Draw a cash flow diagram

A: Cash flows in different periods are not comparable; therefore, we use the concept of time value of…

Q: What is the amount of the quarterly deposits A such that you will be able to withdraw the amounts…

A: Annual interest rate = 8% Quarterly interest rate = 8%/4 = 2% Number of quarterly deposits = 8

Q: If you make quarterly deposits of $1000 for 15 years into an account that compounds interest at 1.5%…

A: Quaterly deposit is $1000 Time period is 15 years Interest rate is 1.5%   To Find: Future Value

Q: Calculate the future worth of 20 annual $4,000 deposits in a savings account that earns 8%…

A: Annual deposit (P) = $ 4000 Interest rate = 8% Quarterly interest rate = 8%/4 = 2% Period = 20 Years…

Q: A person deposits $150 per month into a savings account for 2 years. If $75 is withdrawn in months…

A: When there is no iterperiod interest, which means the interest will be paid for balance at the start…

Q: Calculate the future sum of $1,000, given that it will be held in the bank for 5 years earning an…

A: Future value is the value of the current assets or some amount that is invested today and amount…

Q: Find the amount at the end of two years and seven months if 6,000.00 is invested at 9% compounded…

A: Investment = 6000 Interest Rate = 9% Compounded Quarterly Number of compounding periods = 4

Q: Need answers ASAP... If P100 is deposited in a savings account that pays 6% annual interest, what…

A: First of all, to find the future value, we will use the following formula: FV = PV * (1+r)n Where:…

Q: What lump sum of money must be deposited in a bank account at present time so that Php 500 per…

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

Q: An amount of 100,000 was borrowed and was to be repaid in 10 instalments at the end of every quarter…

A: Given: P= $100,000 r= 12% compounded semi annually = 12%/2 = 6% = 0.06 Number of years= 2.5 years…

Q: t lump sum of money must be deposited into a bank account at the present time so that $500 per month…

A: Future withdrawal monthly depends on the monthly interest rate and period of withdrawal for which…

Q: If P10,000 is deposited each year for 9 years, how much annuity can a person get semi-annually from…

A: Present Value- The present value of an investment or amount is its value today. It is the current…

Q: Supposed that P2,000 is deposited each year , on a continues basis into a savings account that pays…

A: Annual deposit (P) = P2000 Interest rate = 6% Mathematics constant (e) =…

Q: A financial planner at Faisal Bank has offered you three possible options for receiving cash flows.…

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

Q: A person deposits $100 per month into a savings account for 2 years. If $75 is withdrawn in months…

A: Cash flow diagram is needed.

Q: What deposit made at the beginning of each month will accumulate to $120,000 at 8% compounded…

A: An annuity is a financial term that shows a sequence of periodic cash flows with a fixed amount over…