If the nominal interest rate is 3% of P5,000, how much worth in 15 years continuously compounded account?

Q: If $600 is invested in an account with an annual interest rate of 14.5%, compounded continuously,…

A: We need to use the formula of continuous compounding belowA=P(e)rn  where   A=future valueP=present…

Q: 5) How many years are required for P15k to increase to P20k if invested at 12% per year compounded…

A: Since you have asked multiple questions, we will solve the first question for you. Please ask…

Q: What monthly payment is required over 8 years to equate with a future amount P90,000? Assume…

A: Monthly payment refers to the amount which is paid on a periodic basis. The period of monthly…

Q: money is worth 7.3%, compounded quarterly?

A: Present Value of future cash flow means the cash flows discounted at a given rate of return. FV*…

Q: How many years will P100,000,000 earned a compound interest of P100,000 if the interest rate is 7%…

A: Present value is the value of the future expected/calculated amount as of today.

Q: What is the present value of $6,700 received 14 years from now using a 11% interest or discount…

A: Calculation of Present Value:The Present Value is $1,466.53.Excel Spreadsheet:

Q: Find the present value that will grow to $23,000 if interest is 8% compounded quarterly for 19…

A: Present value is the value if future cashflow discunted to present date at specified rate. formula:…

Q: continuously

A: Interest that is calculated on both the initial principal and interest earned is referred to as…

Q: What is the present equivalent of $18,000 to be received in 15 years when the interest rate is 7%…

A: The Present Value of an investment is the present worth of a future amount to be received at a…

Q: HOW MANY YEARS ARE NEEDED FOR 40,000 TO YIELD 13,756.66 INTEREST IF THE INTEREST RATE IS 6%…

A: Interest rate = 6% Semi annual interest rate (r) = 6%/2 = 3% Present value (PV) = 40,000 Interest…

Q: What is the present equivalent of $ 180,000 to be received in 15 years when the interest rate is 7%…

A: Time value of money (TVM) means that the amount of money received in the present period will…

Q: onths on an inve

A: Given , Earned= 265, Investment= 20,000.

Q: What is the future equivalent of 10,000 per year that flows continously for 8.5 years if the nominal…

A: The following information has been provided in the question: Present value= 10000 per year Time =8.5…

Q: should be invested now into an 8% per annum interest-bearing account, compounded ye

A: The given problem can be solved using PV function in excel. PV function computes present worth for…

Q: At what interest rate must $112,000 be invested so that it will be worth $392,000 in 14 years?

A: We use rate function to calculate interest rate

Q: If $500,000 is to grow to $700,000 over a 5-year period, at what annual rate of interest must it be…

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

Q: At what nominal rate, compounded monthly, would 12,000.00 have to be invested to amount to 21,811.13…

A: Interest is the amount charged on a loan or investment. It can be calculated by simple interest or…

Q: What will be the maturity value of P12,000 invested for four (4) years at 15 compounded quarterly?

A: “Hi There, Thanks for posting the questions. As per our Q&A guidelines, must be answered only…

Q: At what interest rate must $112,000 be inves that it will be worth $392,000 in 14 years?

A: Future value consist of interest and future value of the investment. Money grow with time and…

Q: ROUN How much will $10,000 grow to in 3 years, assuming an Interest rate of 9% compounded quarterly?

A: As per Bartleby Honor Code, when multiple questions are asked, the expert is required only the solve…

Q: f P50,000 if the interest rate is 9% compounded quarterly?

A: Given as, P=50,000 F V=100,000 r=9%=0.09 n=4

Q: What simple interest rate is equivalent to 5% compounded quarterly if money is invested for 10…

A: Concept. 1. Simple interest formula. SI = P × N × R…

Q: What is the compound interest if $170,000 is invested for 3 years at 12% compounded continuously.…

A: Investment (P) = $ 170,000 Period (t) = 3 Years Interest rate (r) = 12% Mathematics constant (e) =…

Q: How much would be the accumulated amount if P2, 047,000 is invested in 2 years, 2 months with…

A: Simple Interest is method of Interest computation where interest is simple calculated on initial…

Q: 2. If you invest P25,000 at 8% interest compounded annually, approximately how much money will be in…

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

Q: What is the future value of $6000 invested for 4 years, if the interest rate is 12% p.a.,…

A: In this question we require to compute the future value of $6000 invested for 4 years at 12%…

Q: What is the present value of $1,500 due in 14 years at a 5 percent interest rate

A: Present Value refers to the value of cash flows today which is to be received at some future time…

Q: What is the future equivalent of $1,000 invested at 6% simple interest per year for 3 years?

A: Simple interest is the type of interest that is calculated on the principal amount invested, it is…

Q: If $ 30000 is invested at 8% interest per year, compounded continuously, how much will be in the…

A:

Q: 4. An amount of P3,000 is invested now and left for the 5 years at which time the principal is…

A: Future value can be calculated using FV (rate, nper, pmt, [Pv], [type]) Rate The interest rate Nper…

Q: How much would be the accumulated amount if P2, 047,000 is invested in 2 years 0, 2 months with…

A: In this question future value is to be find out. For future value present value 2,047,000 if given ,…

Q: How many years will it take $145,000 to grow to $645,000 if it is invested in an account with a…

A: We use NPER function in excel to calculate time taken

Q: How much interest will be owed on a loan of P15,500 at the end of 4 years and 7months using 15…

A: Loan amount (P) = P15500 Period (t) = 4 Years and 7 Months = 4+(7/12) = 4+0.583333333333333 =…

Q: If $5,000 is borrowed today and $8,955 is paid back in 9 years, what interest rate compounded…

A: Here, Borrowed Amount (PV) is $5,000 Paid Back Amount (FV) is $8,955 Time Period is 9 years

Q: What will be the maturity value of P16,000 invested for four (4) years at 15% compounded quarterly?

A: Time value It tells that money received by an individual today has more worth than that of receiving…

Q: What is the future worth of P8500 deposited every 3 months for 3 years if the interest is 10%…

A: Quarterly deposit (P) = P8500 Interest rate = 10% Quarterly interest rate (r) =…

Q: ROUND ALL How much will $10,000 grow to in 3 years, assuming an interest rate of 9% compounded…

A: Future Value: It represents the future worth of the present amount and is estimated by the product…

Q: What will $142,000 grow to be in 6 years if it is invested today in an account with a quoted annual…

A: Present value (PV) = $142000 Interest rate = 14% Monthly interest rate (r) = 14%/12 =…

Q: What will be the maturity value of P12,000 invested for four (4) years at 15% compounded quarterly?

A: Answer: Calculation of the maturity value of P12,000 after 4 years; The maturity value of P12,000…

Q: What is the future value of $39,000 invested today at 9% interest in 20 years with interest…

A: Using the future value function in excel

Q: What interest will be earned if 4,000 dollars is invested for 4 years at an annual rate of 7%…

A: The interest will be the future value of the investment less the amount invested.

Q: How much is ₱1,200 worth at the end of 1 year if the interest rate of 5.5% is compounded quarterly?

A:

Q: In how many months will P10,000 earn a compound interest of P2,000 if money is worth 12% compounded…

A: To calculate the number of months we will use the below formula   CI = [P*(1+r)n]-P Where CI -…

Q: The interest rate is 6% per year and there are 24 compounding periods per year. The principal is…

A: Using Excel FV function

Q: What is the future value of $1,100 invested today at 5% interest in 3 years with interest compounded…

A: In given question we need to compute the future value of $1100 invested today at 5% for 3 years.

Mortgages

A mortgage is a formal agreement in which a bank or other financial institution lends cash at interest in return for assuming the title to the debtor's property, on the condition that the obligation is paid in full.

Mortgage

The term "mortgage" is a type of loan that a borrower takes to maintain his house or any form of assets and he agrees to return the amount in a particular period of time to the lender usually in a series of regular equally monthly, quarterly, or half-yearly payments.