If P12, 000.00 is accumulated to P13, 000.00 when invested at simple interest for 2 years, what is the interest rate Select the correct response: 417% O 7.15% 9% 23%
Q: Complete the table below giving the principal P that must be invested at interest rate 10.5 %…
A: The Principal value is given as: P = A / (1+r/n)nt where, A = amount after t years r = compounding…
Q: The sum of P1000.00 is invested now and left for 8years, at which time, the principal is withdrawn.…
A: The future value of an amount invested in an account depends on the interest rate and the time…
Q: An investment of $4431.57 earns interest at 6.2% per annum compounded annually for 2 years. At that…
A: Solution:- When an amount is invested somewhere, it earns interest on it. The amount initially…
Q: Q9) The sum of $500, 000 has been placed in an investment which earns interest at the rate of 12…
A: The interest is credited 4 times a year when the interest is compounded quarterly. The interest is…
Q: What is the future value of $11,000 invested for one year at an interest rate of 6% p.a.? a. $17000…
A: given interest rate = 6% PV = 11000
Q: To accumulate 103,404,000 at the end of 9n years, deposits of 45,007 are made at the end of each of…
A: Required:Determine the interest rate, i.
Q: Use the compound interest formula A=P(1+rn)ntA=P(1+rn)nt or A=PertA=Pert to solve.
A: Compound Interest is the additional interest earned on the interest of principal or loan amount,…
Q: Complete the table to find the compound amount of P50 000.00 invested a interest. Show your complete…
A: Compound interest means interest on loan and accumulated interest from previous periods
Q: Calculate the EUAC of a company If present worth is 5000$ for 6 years at interest rate of 11%.…
A: The answer for the multiple choice question and relevant working are presented hereunder : Present…
Q: How much must be invested now at 6% interest, compounded monthly, to accumulate $1,000 at the end of…
A: Present value = Future value/(1 + r)n OR Present value = Future value x (Present value…
Q: Find the accumulated amount A if the principal P is invested at the interest rate of r/year for t…
A: Principal amount (P) = $43,000 Interest rate (r) = 9 3/4% = 9.75% Period (t) = 9 Years Compounding…
Q: Find the rate of interest and final amount resulting from an investment of P800 at 12% simple…
A: Simple interest: It is the return an individual gets on the amount invested by him at the end of…
Q: If Php 1,000 becomes Php 1,811.36 after 5 years when invested at an unknown rate of interest…
A: Deposit amount = Php. 1000 Future value = Php. 1811.36 Period = 5 Years
Q: 10.) What is the interest rate per conversion period if P29,500.00 was invested at 2.5% compounded…
A: The question is related to time and Interest. The details are given.
Q: What compound interest rate j12 is equivalent over 10-year period to a compound interest rate of…
A: The compound interest is an important element of the future value of money. It refers to the…
Q: A. Complete the table to find the compound amount of P50,000.00 invested at 10% interest. ealqmo In…
A: Since you have posted a question with multiple sub-parts, we will solve the first three sub-parts…
Q: Find the interest on Pnp23, 000 invested for 3 years at 7% compounded quarterly Select the correct…
A: Invested amount (P) = Php 23,000 Annual interest rate = 7% Quarterly interest rate (r) = 7%/4 =…
Q: If P100,000 is invested for 6 months at 1.5% per annum, what is the maturity value? O P100,750 O…
A: Present value: It is the current value of a future sum of money or cash flows given over a specified…
Q: per annum for 11,5 years interest rate paid annually is invested at the same rate but with interest…
A: Information Provided: Present Value = 18,400 Interest rate = 13.2% compounded monthly Term = 11.5…
Q: Can you please show me how we get the number, 1.242381 In this sum , A = $ 2,500 P = ? Time =…
A: Below is the extended calculation for better understanding: A=P×…
Q: An investment of $1831.00 earned interest semi-annually. If the balance after 5.5 years was…
A: Using excel RATE function
Q: At what interest rate wil the given principal P earn the given simple interest l'in the given term…
A: P = Principal I = Interest t = Term Let r = Simple interest rate
Q: Suppose S500 is invested at 4% compounded quarterly. (a) How long will it take the investament to…
A: The present value is that amount without which we cannot obtain the future value. The future value,…
Q: Use the compound interest formula A=P (1+(r)/(n))^(nt) to compute the total amount after $2000 is…
A: An interest method in which current interest is computed by multiplying the interest rate by the sum…
Q: 5) earned over a 10-year period if the interest had compounded annually? You invested $6,500 at 6…
A: We will earn more in compound interest due to compounding of interest. The difference between…
Q: a Find the amount at the end of 2 years and 8 months if P6,000 is invested at 78% compounded…
A: The conceptual mathematical formula can be used:
Q: if you invest $1,000 today With a compound annual interest rate of 5 %. What is the total amount…
A: Future value of money refers to the value of money on a particular date in the future. In other…
Q: What is the accumulate value of a payment of P12,500.00 at the end of each year for 9 years with…
A: Future value can be calculated using following formula. FV (rate, nper, pmt, [Pv], [type]) Rate…
Q: In what time will Php 15,000 amount to Php 30,000.if yhe simple interest is calculated at 9.5 % per…
A: Answer) Calculation of time period Maturity Amount = Amount Invested + Simple Interest Maturity…
Q: Principal of 2500 OMR is invested for 3 years at rate 6.5%. Find the future value if the interest is…
A: As per time value of money concept, a sum of amount invested today will have more future value in…
Q: If $20,000.00 is invested in an account for 15 years. Find the value of the investment at the end of…
A: Amount Invested = $20,000.00 Years = 15 years For Simple Interest Rate = 8% per annum For Compound…
Q: hat is the future worth of P8500 deposited at the end of every month for 3 years if the interest is…
A: The future value of money includes the amount deposited and the interest accumulated over the period…
Q: The present value of $66,000 to be received in two years, at 12% compounded annually, is needed.…
A: We will use the concept of time value of money here. As per the concept of time value of money the…
Q: Suppose that P dollars in principal is invested for t years at the given interest rates with…
A: In case of continuous compounding the assumption is that interest is constantly accruing. Here the…
Q: If $33,500 is invested at 6.8% for 30 years, find the future value if the interest is compounded the…
A: Investment = $ 33500 Interest rate = 6.8% Period = 30 Years
Q: If $2500 were invested for 5 years at 10% nominal interest compounded daily, what would be the…
A: Future value can be referred to as the value of an underlying asset or security at a future date.…
Q: Suppose $5,000 is invested for four years at 4.25% interest compounded quarterly. What is the future…
A: Investment (PV) = $ 5000 Annual interest rate = 4.25% Quarterly interest rate (r) = 4.25%/4 =…
Q: Principal of 5000 OMR is invested for 5 years compounded quarterly Find the interest rate required…
A: The formula to calculate the Present value is: r = (FV/PV)(1/n) − 1 where: PV= Present Value FV…
Q: a.) How long will it take for P800 to earn P240, if it is invested at 6 1% simple interest? b.)…
A: *Note : as per policy only first question is answered.
Q: Principal of 2000 OMR is invested for 5 years at rate 3.25%. Find the future value if the interest…
A: Future value refers to the value of an amount invested today after certain period of time at given…
Q: The present value of $41,000 to be received in two years, at 12% compounded annually, is _____…
A: Presents value is the value of the investment in the present market. Future value = $41,000 r = 12%…
Q: (a) If $5,500 is invested at 1.35% interest, find the value (in dollars) of the investment at the…
A: Future Value: It refers to the future worth of the current amount and is computed by the product of…
Q: 0. Aira invested ₱ 7,000.00, part at 4% and the remainder at 8% simple interest. How much is…
A: Interest means the extra amount which we received because of investment made and will be paid in…
Q: 17. Brix invested P500,00.00 in a long-term savings account with an interest rate of 7.5% compounded…
A: Compound interest is referred as the interest which is calculated on principal amount which involves…
Q: Principal of 2000 OMR is invested for 5 years at rate 3.25%. Find the future value if the interest…
A: Future value is the worth of any asset or any sum of money at a future date when such asset or…
Q: 59. P200,000 was deposited at an interest rate of 24% compounded semi-annually. After ho many years…
A: Solution: Amount deposited (PV) $200,000.00 Semiannual interest rate (Rate) 12% Future value…
Q: Find the Discount value on BHD 20400 at the end 650 days if it is invested at 2% compounded…
A: Discounted value is the present value of an investment in today’s term. It is the value which is…
Q: P200,000.00 was deposited for a period of 4 years and 6 months and bears an interest of P85,649.25.…
A: Deposit amount (PV) = P 200,000 Period = 4.5 years Period in quarter (n) = 4.5*4 = 18 Interest…
Q: If $10.000 is borrowed at 10% p.a. interest to be paid back over 10 annual installment, how much of…
A: Loan is a value which is borrowed from external sources for a certain period of time. This amount is…
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- How much would you invest today in order to receive $30,000 in each of the following (for further Instructions on present value In Excel, see Appendix C): A. 10 years at 9% B. 8 years at 12% C. 14 years at 15% D. 19 years at 18%If you invest $15,000 today, how much will you have in (for further instructions on future value in Excel, see Appendix C): A. 20 years at 22% B. 12 years at 10% C. 5 years at 14% D. 2 years at 7%An investment of S6,560 earns interest at the rate of 5% and is compounded quarterly. What is the accumulated value of the investment at the end of 7 years? USe A = P (1+r/n)nt a59.289.00 b. S6,794.00 c. $11.245.00 d. $2.296.00
- If Php 1,000 becomes Php 1,811.36 after 5 years when invested at an unknown rate of interest compounded bi-quarter, determine the effective rate of interest.A certain investment earns P2,000 in 18 months at a rate of 8% simple interest. How much is the principal investment? P1,758.71 P1,875.71 P1,785.71 P1,785.17The principal P is invested at the interest rate of r/year for t years. (Use a 365-day year.) P = $110,000, r = 4%, t = 7 1 4 , compounded monthly.Determine i, the compound interest rate.
- Step by step instructions please What is the future value of $11,000 invested for one year at an interest rate of 6% p.a.? a. $17000 b. $5000 c. $11660 d. $10377step by step explaination What is the future value of $11,000 invested for one year at an interest rate of 6% p.a.? a. $17000 b. $5000 c. $11660 d. $10377Suppose S500 is invested at 4% compounded quarterly. (a) How long will it take the investament to accumulate to $750 if the exact method for accumulation is in effect? (b) How long will it take the investment to accumulate to $750 if the practical method for accumulation is in effect? Be sure to us linear interpolation! (e) What anmual effective interest rate must 8500 be invested at to accumulate to S750 in 10 years?
- Calculate the extra compound interest received when R18 400 invested at 13,2% per annum for 11,5 years interest rate paid annually is invested at the same rate but with interest paid monthly (. Extra compound interest when different compounding periods should be considered i)1. What will be the maturity value of P12,000 invested for four (4) years at 15% compounded quarterly? 2. Determine the maturity value of P3,000 invested at 9.5% compounded semiannually for 3 ½ years. 3. What amount must be invested now in savings account earnings 9% compounded quarterly to accumulate a total of 21,000 after 4 % years?Calculate the extra compound interest received when R18 400 invested at 13,2% per annum for 11,5 years interest rate paid annually is invested at the same rate but with interest paid monthly
