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- You put $250 in the bank for S years at 12%. A. If interest is added at the end of the year, how much will you have in the bank after one year? Calculate the amount you will have in the bank at the end of year two and continue to calculate all the way to the end of the fifth year. B. Use the future value of $1 table in Appendix B and verity that your answer is correct.Use the tables in Appendix B to answer the following questions. A. If you would like to accumulate $2,500 over the next 4 years when the interest rate is 15%, how much do you need to deposit in the account? B. If you place $6,200 in a savings account, how much will you have at the end of 7 years with a 12% interest rate? C. You invest $8,000 per year for 10 years at 12% interest, how much will you have at the end of 10 years? D. You win the lottery and can either receive $750,000 as a lump sum or $50,000 per year for 20 years. Assuming you can earn 8% interest, which do you recommend and why?You want to invest $8,000 at an annual Interest rate of 8% that compounds annually for 12 years. Which table will help you determine the value of your account at the end of 12 years? A. future value of one dollar ($1) B. present value of one dollar ($1) C. future value of an ordinary annuity D. present value of an ordinary annuity
- Use the tables in Appendix B to answer the following questions. A. If you would like to accumulate $4,200 over the next 6 years when the interest rate is 8%, how much do you need to deposit in the account? B. If you place $8,700 in a savings account, how much will you have at the end of 12 years with an interest rate of 8%? C. You invest $2,000 per year, at the end of the year, for 20 years at 10% interest. How much will you have at the end of 20 years? D. You win the lottery and can either receive $500,000 as a lump sum or $60,000 per year for 20 years. Assuming you can earn 3% interest, which do you recommend and why?You have of $1,000,000 to invest. There are two different investment options for you. First option: (1.21*i)% pays simple interest. Second option: pays i% compounding interest rate. What is the value of i that makes the both options pay the same money at the end of second year. Select one: a. 1.21 b. 42 c. 21 d. 5.5 e. 10If you deposit OMR 19500 in your account in a bank; suppose the bank pays 16.15% compound interest monthly. Calculate future value of your money in 5 years. Select one: a. 49376.99 b. None of the option c. 216319.80 d. 219545.18 e. 219554.81
- If you deposit OMR 19500 in your account in a bank; suppose the bank pays 6.15% compound interest yearly. Calculate future value of your money in 15 years. Select one: a. 49085.53 b. 47734.74 c. None of the option d. 51561.92 e. 50902.18If you deposit OMR 19500 in your account in a bank; suppose the bank pays 16.25% compound interest monthly. Calculate future value of your money in 15 years. Select one: a. 49673.99 b. 219545.18 c. 219554.81 d. 1731.98 e. None of the optionYou invested 15,334.80 into an account that pays 4.40% interest. How much money will you have in 17 years? Question 12 options: 30,008.68 31,885.01 35,223.29 29,531.07 33,563.03
- If you deposit OMR 8500 in your account in a bank. Suppose the bank pays 1.15% compound interest half yearly. Calculate future value of your money in 9 years. Select one: a. 9424.09 b. None of the options c. 1424.09 d. 3424.09 e. 6424.09You deposit $2,000 one year and $1000 next year starting year 1 until year 30 with an interest rate of 5% one year and 7% other year. How much money will you have at the end of year thirty if there are different interest rates after year 30 as shown in the diagram below? 0 1 2 3 5% 7% 5% 7% Select one: O a. 117724 O b. 18050 O c. 90000 O d. 106141 O e. 120408 4 2000 1000 2000 1000 wwww **** **** 26 27 28 29 30 5% 1000 2000 1000 2000 1000 7% 5% %7 F?Assume you make a deposit of $7,500 now into a saving account that pays 12% per year, compounded quarterly. If you want to know the total amount after 2 years, the value of interest rate (i) you should use in the F/P factor is: Select one: а. 3% b. 4 % с. 24% d. 12 %