If the current rate of interest is 6% APR, what is the future value of an investment that pays AED 15,000 every two years and lasts 20 years. Please solve step by step method without using excel

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A: The formula used as follows: A=P1+rnnt

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A: Since you have posted a question with multiple sub-parts, we will solve the first three sub-parts…

Q: If the current rate of interest is 6% APR, what is the future value of an investment that pays…

A: Interest rate = 6% Payment every two years = AED 15,000 Future value period = 20 Years

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A: Present value (PV)  = $ 28000 Future value (FV) = $ 40,000 Interest rate (r) = 10% Period = n0

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A: first calculate the amount after first half present value = FV/(1+rate)n = 12,000/(1 + 1.1%/6)5*6 =…

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A: future value formula: future value =A×1+rn-1r where, A=annuity r=rate of interest n=number of years

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A: Present value is also known as a present discounted value, in which the future value of cash inflows…

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A: given, Fv = $1000 n=7 m=52 r=12%

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A: Given details are : Present value of investment = $12500 Interest rate = 8% Time period = 3 years…

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A: Effective Annual Rate: It is the annual rate of the investment considering the effects of…

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A: Future value refers to the future worth of a money that has been invested now. Future value of money…

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A: Interest Amount = Maturity Amount - Investment Amount   Nominal rate = [ Interest Amount /…

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A: The present value is the present worth of the amount that will be paid or received in the future.

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A:

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A: Given, A = P*(1+r)^2

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A:

Q: uppose that $5000 is invested each quarter, for the next 20 years. what is the future worth if the…

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A: Given information : Time period = 4 years  Interest rate = 10 % Future value of investment = $1000

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A: Future Value = Present value * (1+rate)^no. of period

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A: Investment = 5000 N = 4 years i.e. 16 quarters (Quarterly compounding) Future Value = 8000 Effective…

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A: Compound interest is the investment method in which the interest earned is redeposited back,…

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A: N = 6*12 = 72 PV = 34500 PMT =0 FV = -49750

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

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A: given, pv = $10,000 r= 0.2%  n = 8 years = 8 x 12 = 96 months

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A: Hi, thanks for posting the question. But as per our Q&A guidelines, the first three subparts…

Q: invest

A: Formula to calculate present value or amount to be invested now in compound interest is: PV =…

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

Q: an investment will pay $2,445 two years from now, $3,433 four years from now, and $1,611 five years…

A: The present value of an investment is affected by the inflation rate and growth rate for a specified…

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A: SOLUTION : GIVEN, Annual payment = $5,000 Interest rate = 10% = 0.10  Number of years = 2 years…

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A: Present value amount refers to the values of money in current period for all future expected cash…

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