Q: What value of X makes these two cash flows equivalent assuming an interest rate of 10%? 150 150 100…
A: here we calculate the value of X by using the given cashflow , so the calculation of the following…
Q: An 8-year annuity due has a future value of $1,000. If the interest rate is 5%, what is the amount…
A: An annuity is a contract between you and an insurance company in which you make a lump-sum payment…
Q: Find the nominal rate compounded monthly which is equivalent 12% compounded quarterly. write your…
A: The Effective Interest Rate is utilized to work out the effective annual interest rate in view of…
Q: At an interest rate of 10%, what is the present value of an asset that produces $1,000 a year in…
A: Suppose that you own a perpetual asset that promises to pay you $1000 a year with a 10% return is .…
Q: You want $1,000,000 in the bank when you retire in 35 years. How much should you deposit each year?…
A: We want $1,000,000 in the bank at the time of retirement. Interest rate is 10% Here we have to…
Q: Suppose that $12,000 is placed in a bank account at the end of each quarter the future worth at the…
A: Given that, Bank deposit = $12,000 Rate of interest (i) = 8.5% Quarterly interest rate = 8.5%/4 =…
Q: You are going to get %10,000,000 in 45 years' time. What is the value of that money today assuming…
A: Present value can be calculated by using the following formula.
Q: How many years would it take $1,000 to grow to $5,000 assuming an annual interest rate of 15%?
A: Annual percentage rate (APR) refers to the yearly interest generated by a sum that's charged to…
Q: If $700 is invested at 11% simple interest, calculate its value after 8 years.
A: Following are the given values: Invested amount = $700 Interest rate = 11% Time = 8 years
Q: How much should a family deposit at the end of every 6 months in order to have $2000 at the end of 5…
A: Future value tells us how much will be the worth of the amount deposited/invested today says after n…
Q: An investor (owner) has an option to purchase a tract of land that will be worth $20,000 in ten…
A: Compound interest rate is one of the methods of calculating interest rate. It calculates the…
Q: You place $100 per month into an account that earns 1% per month. Which of the following expressions…
A: The account’s value after 3 years can be calculated by using the following equation: Where the r…
Q: If you borrow 9000 dolars and agree to repay the loan in six equal annual payments at an interest…
A: In economics, present value refers to the current value of a future stream of cash flow. Future…
Q: If you paid $90 to a loan company for the use of $1,252 for 120 days, what annual rate of interest…
A: Here, it is given that an individual pays $90 as an interest payment on a laon of 1,252 for a time…
Q: Consider a uniform series of cash flows. The first cash flow of $10,000 occurs at time 10 and the…
A: Given a uniform series cash flow in which first cash flow of $10,000 occurs at time 10 and last cash…
Q: In how many years will $1,500 yield an interest of $200 at 2% simple interest?
A: given that, The principal sum is $1500 simple interest is $200 rate of interest is 2%
Q: years that is equivalent to a pa starting with $45,000 at the er year and decreasing by $5,00C 10…
A: *Answer:
Q: What is the present value of $100 realized two years from now if the interest rate is 10%?
A: Present worth is the concept that describes an amount of money today is value greater than that same…
Q: A person deposits 2500$ today in the bank and he wants to get double of this amount, if the interest…
A: Simple interest formula : Interest = [Principal * Rate of interest * Number of years] / 100
Q: The value of annual(A) uniform payments over years 1-5 is equivalent to a payment schedule of 200,…
A: The time value of money refers to the concept that money you have now is worth more than the same…
Q: An investor (owner) has an option to purchase a tract of land that will be worth $10,000 in six…
A: An investor is an individual who distributes money to achieve a benefit or with the intention of a…
Q: Suppose you have a vehicle, the 1st year maintenance cost is estimated to be $100. The rate of…
A: the value in the presence of a sum of money, in contrast to some future value it will have when it…
Q: Please answer completely and clearly. , year יויויויויי in millions whatis the future worth of these…
A: We have given the cash flow in which yearly payment is made but the rate of interest is compounded…
Q: Part of the income that a machine generates is put into a sinking fund to replace the machine when…
A: Annually Deposit = 2800 r = 4% Amount = 49000
Q: You owe $120,000 from your ex-girlfriend and promise to pay 6% simple interest. How much will you…
A: Given, principal = $120,000 Interest = 6% Time = 1 year 6 months = 18 months Simple interest =…
Q: You are offered an investment that would earn $ 2,100 a year for 10 years. The first payment would…
A: investment value is $ 2,100 a year for 10 years. The first payment would be made in exactly 3…
Q: Determine the present value of a perpetuity of P100,000 payables annually, with the first payment…
A: perpetuity of P100,000 payables annually Money is worth 10%
Q: A series of equal quarterly payments of $5,000 for 10 years is equivalent to what present amount at…
A: Payment made quaterly = $5000 The time period for which the payment was made = 10 years Interest…
Q: What is the present worth of a 600 annuity starting at the end of the third year and continuing to…
A: Given annuity payment for 3rd and 4th year = 600 Interest rate = 11 % Therefore present value of…
Q: Find the present Value in pesos, of an annuity of P 20 000 payable annually for 8 years with the…
A: Given information: Interest rate = 5% Time period = 8 years Annuity payment = 20,000 The formula for…
Q: What is the future worth of these payments for 16 years if interest is 9% in the first year and…
A: The future value if the compounding is done annually is: FV = P (1 + R)t R : Interest rate PA…
Q: What is the present value or price of a 10 year P20,000 annuity with an interest rate of 5%
A: Annuity is the series of Equal amount payment in equal interval . And it is not given that annuity…
Q: A saving system yields $8,000 at the end of the first 5 and a further $1,000 increase every year for…
A: Given information: First, 5 years yield = $8000 each year-end From 6th year to 20th year, the…
Q: Find the nominal rate, which if converted to quarterly could be used instead of 12% compound…
A: Nominal rate: It means the rate before taking inflation into account.
Q: What formula do we use to find the present-worth equivalent of the constant-dollar amount?
A: Present worth is defined as the current value of the amount of money that a person will receive in…
Q: If you had $1,000 now and invested it at 6%, how much would it be worth 12 years from now?
A: The following are the given data in the question: The current value of invested money = $1000…
Q: Lia wishes to have $3000 after 3 years in an account that draws 6% nominal interest compounded…
A: In this question we have to find out the principal value with the help of the above information.
Q: Mr. X is planning for her retired life. He has 10 more years of service. He would like to deposit…
A: We have given the following cash flow First year-end deposit =$5000 and then the deposit is…
Q: 2. Determine the ORDINARY SIMPLE INTEREST on P700 for 8 months if the rate of interest is 15%.
A: Here, principal amount = 700 Time period = 8 months = 0.667 Rate of interest = 15%
Q: You borrowed an amount of $15,000 and paid it $20,223 in 3 years. If the interest rate was…
A: A = P(1+r12)nt P is principal amountA is future amout to be paidr is interst rate n is compounding…
Q: Suppose that $30,000 is borrowed today at 12% interest. The loan is to be repaid by uniform annual…
A:
Q: How many years would it take to take an investment of $28,000 to double 11% annual interest?
A: Present amount is 28000 and future amount is 2*28000 with rate of interest of 11%
Q: If $800 is deposited in a savings account at the beginning of each year for 12 years and the account…
A:
Q: At an interest rate of 12%, what is the present value of an asset that produces $800 a year in…
A: Present value is a simple adjustment in nominal value that convert nominal value to actual amount at…
Q: If you borrow money from your friend, Ned, with simple interest of 12%, find the present worth of…
A: Simple interest formula: A = P(1+rt) Where A is the final value P is the initial value (or present…
Q: Determine the present value of the $5,000 payment over 36 months beginning at the end of the first…
A: Ordinary annuities are a series of equal payments made at the conclusion of each period for a set…
Q: A geometric gradient that increases at f= 8% per year for 12 years is shown in the accompanying…
A: The present equivalent value of the gradient: P=A1-(1+g)n(1+i)-ni-g
Q: 1. A person is saving $1000 per year for the next 10 years except for year 5 in which his saving is…
A: When comparing financial products, the annual interest rate, also known as the standard annual…
If you save $1,000 today and the annuel interest rate is 6%, what will that money be worth in 40 years?
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- Calculate the total interest earned, if you save $68 each month, Starting today, for 11 more years, if the annual interest rate is 9.6 and interest is compounded on a monthly basis?At an interest rate of 12%, what is the present value of an asset that produces $800 a year in perpetuity?What is the present value or price of a 10 year P20,000 annuity with an interest rate of 5%
- An annuity makes six annual payments of 1,300 with the first payment coming today. What is the future value of this from now if the interest rate is 8%What will be the amount due on February 10, 2022, if the present value on July 17, 2021 is ₱10,100 at 2 2/5% simple interest? (round off to 2 deccimal places)Determine the present value of a perpetuity of P100,000 payables annually, with the first payment due at the end of 10 years. Money is worth 10%.
- A geometric gradient that increases at f= 8% per year for 12 years is shown in the accompanying diagram. The annual interest rate is 12%. What is the present equivalent value of this gradient?1. Find the Present Value (today) of $144 to be received in two years at the interest rate of 15%.You want to save the down payment required to purchase a vacation home at the end of five years. If the required down payment is $25,000 and you can earn 5% a year on your savings account, how much do you need to set aside at the end of each year for the next four years?
- An investor (owner) has an option to purchase a tract of land that will be worth $10,000 in six years. If the value of the land increases at 8% each year, how much should the investor be willing to pay now for this property?At what rate of interest will an investment double itself in 10 years?Maintenance on an old machine is $100 this year but is expected to increase by $25 each year thereafter. What is the present worth of five years of the costs of maintenance? Use an interest rate of 10%.