Maria invested R15 000 for a period of 5 years at an interest rate of 10% per year compounded semi- annually. What amount of interest will she earn on the last 18 months of her investment?

Q: Algoe expects to invest $1,000 annually for 40 years to yield an accumulated value of $154,762 on…

A: Annuity means the periodical payments which is used in loan amortization, structured settlements and…

Q: Suppose Emily invests $2000 at the end of each quarter in an account with nominal interest rate 4%,…

A: Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: to settle a debt of 40000, Mrs santiago will pay quarterly for 7 years at 14% compounded quarterly.…

A: Future Value: The future value is the amount that will be received at the end of a certain period.…

Q: Skeng would like to receive equal instalment of $250,000 at the end of each year for the next 8…

A: FORMULA PVA = P*[1-(1+R)-N]/R Where PVA - Present value of annuity P - Annual payment amount i.e.…

Q: Aira is planning to deposit RM10,000 today in Investment account that pays interest of 8% per annum.…

A: Amount of money in the account at the end of year 10 is the future value of the amount at the end of…

Q: You are scheduled to receive Rs. 360,000 in two years. When you receive it, you will invest it for…

A: The future value function or concept can be used to determine the future value of a present sum or…

Q: Assume that a couple invests $4000 each year for 4 years in an investment that earns 8% compounded…

A: Annuity refers to series of equalized payments that are paid or received at start or ending of…

Q: Rachael invests $8000 for 7 years and 8 months. The account earns 12% semiannually. A) What is n…

A: Future value of present sum depends on whether it is simple interest or compounded…

Q: Jungkook purchased a new car under these terms: 800,000 php downpayment and 17,500 php each month…

A: Cash price is the price that will include the downpayment plus the present value of the loan.

Q: Anna deposits at the beginning of every month of P1,500 into an annuity for 6 years. If she wishes…

A: In this we need to calculate present value factor monthly to get the interest rate.

Q: A person buys a piece of lot for P110,000 down payment and 10 deferred semi-annual payments of P…

A: Present value of all payments is calculated by using discount rate factor and then multiplying the…

Q: Abigail invested $1,700 at the beginning of every 6 months in an RRSP for 11 years. For the first 7…

A:

Q: Belle decided to start a new investment account.  She deposits $1,000 into an account that earns…

A: Using excel FV function

Q: Buhle wants to save R330 284,00 within the next four years. She makes equal monthly deposits at the…

A: given, future value = R330 284,00 r=12.5% m=12 (monthly compounding) n = 4 years

Q: Suppose that a man lends $1600 for 4.3 years at 12% per year simple interest. At the end of the 4.3…

A: Simple Interest  Simple interest refers to the amount of interest that is calculated on the…

Q: Hannah plans to invest $125 at the end of each month into an RRSP for the next 5 years. If she earns…

A: We need to use financial calculator to solve this problem. The following inputs need N=Periods…

Q: An old man buys a piece of lot for 150,000 down payment and 12 deferred semi-annual payments of 8500…

A: A study that proves that the 1value of money today is higher than the future value of money is term…

Q: Engineer Patawaran purchased a lot and agreed to pay Php 33,000.00 a month for two years. If money…

A: Monthly Payment = 33,000 N = 24 months Annual Rate = 9%   Interest Rate = Annual Rate / 12  = 9%/ 12…

Q: Morgan opened an RRSP account and deposited $2,800.00 into it. She then deposited $900.00 at the end…

A: Deposit at year-0 = $ 2800 Deposit at year-1 = $ 900 Deposit at year-2 = $ 575 Interest rate = 2.20%…

Q: If Marco invests $800 each year for 16 years at 9.5% interest, compounded quarterly, what is the…

A: Present Value of Ordinary Annuity refers to a concept which determines the value of cash flows at…

Q: 22. Marcia invested $35,000 at 3.75% compounded monthly for the first two years and at 4.5%…

A: The maturity amount can be calculated with the help of future value function. The total interest…

Q: If Karen placed an amount of 9,700 Php in an investment that pays an interest rate of 12%,…

A: Investment = 9700 Php Interest rate = 12% Compounding = Semi annually Future value = 50,000 Php

Q: Moses invests R3 745,35 at the end of each month at an interest rate of 14,5% per year, compounded…

A: An annuity is a series of cash flows that involve fixed payments at equal time intervals over a…

Q: Victoria buys a property for $2,500,000 by paying $500,000 down payment and the rest on a 15-year…

A: The amount taken on credit or financed by the person is ascertained by deducting the down-payment…

Q: adam made an investment of $33,000. The investment pays 7.75% p.a. compounded quarterly. He will be…

A: Amount of investment made is $33,000 Interest rate is 7.75% P.A. Compounded Quaterly   To Find:…

Q: arwin has a capital of $ 7100.00 which he invests for 3 years at 7.6 % p. a. a)How much will he…

A: Effective annual interest rate is the real return on investments made when the effects of…

Q: Abel wants to determine the amount of money he would obtain from the interest of PHP 2,000 at 16%…

A: Time value of money (TVM) refers to the method or technique which is used to measure the amount of…

Q: Michael wants to make an investment so that he would receive $4000 every 6 months for 5 years, with…

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

Q: Gigi buys a piece of lot P300,000 downpayment and 8 deferred quarterly payments of P8,000 each,…

A: The present value of annuity refers to the current value of a series of future payments. The present…

Q: Mrs. Santos placed an amount of 9,700 Php in an investment that pays an interest rate of 12%,…

A: Investment = 9700 Php Future value = 50,000 Php Interest rate = 12% Compounding = Semi annual

Q: Ken invests RM14,800 at 2% compounded quarterly for two years.   a) Find the future value of the…

A: The future value and the interest can be calculated as per the concept of time value of money

Q: Phyllis invested $7,500, a portion earning a simple interest rate of 4 1/5 % per year and the rest…

A: Simple Interest = Investment * Rate * Period

Q: nd invests P20,000 for 40 years in an account earning 9% interest per year. How much will she…

A: Future value = Present value (1 + rate)^periods Future value = 20,000 (1 + 0.09)^40 Future value =…

Q: Determine the size of your investment account 23 years from now (when you plan to retire) if you…

A: Future value: It is the value of the current asset, depending on the assumed rate of the growth, at…

Q: Sally has a sum of $19000 that she invests at 7% compounded monthly. What equal monthly payments can…

A: Present value (P0) = $19000 Monthly interest rate (r) = 0.00583333333333333 (i.e. 0.07 / 12) Monthly…

Q: Isabella purchased $20,000 worth of 26-week T-Bills for $19,700. What will be the rate of return on…

A: Initial investment (P) =$19,700 Maturity value(S)=$20,000 since maturity period is 26 week= 26*7=182…

Q: All is expected to invest an amount of 50,000 AED per year from the end of his second year of…

A: First investment at end of year 2 Investment at end of year 2 = 50,000 Number of years for…

Q: Kim's savings may allow her to withdraw P50,000.00 semi annually for 5 years starting at the end of…

A: An annuity is a financial term that depicts a series of cash flow occurring at an equal time…

Q: Sidney makes 10 annual deposits of 5,500 each into an investment account. The interest rate is 6%…

A: Investments are the ways through which money is saved in various financial instruments and accounts…

Q: A merchant put in his P2000 to small business for a period of six years. With a given interest rate…

A: Investment (P) = P 2000 Interest rate (r) = 15% Period (n) = 6  Years

Q: present value of the  investment if the rate of interest is 12% compounded semi-annually?

A: A deferred annuity is a term that is used to refer to the present value of the series of periodic…

Q: An individual has $1,000 to invest and wants to accumulate $1,470 in 5 years. What interest rate,…

A: In this question we need to compute the interest rate from following details : Present value of…

Q: Mr. Lucy can invest $150 per month in an annuity for 2 years. What interest rate must she invest at…

A: FV= $5,000 Annuity amount= $150 per month= $1,800 per annum n= 2 years r= ?

Q: Rahimah invests RM500 in a saving account paying 12% interest per year compounded monthly. How much…

A: Hi there, Thanks for posting the questions. But per Q&A guidelines, the solution for one…

Q: Jacqueline invests $12000 for 8 years and 8 months. The account earns 11% semiannually. What is n…

A: Investment = $12000 Time of Investment = 8 Years and 8 Months Interest Rate = 11% per year…

Q: Alex invested a certain amount to a business and promised to pay him back with 2.26 times his…

A: An investor expects that the investment should grow over a period of time to earn returns. The…

Q: Demar won a prize of $45 000. He has decided to invest in an account paying 3.5% per annum,…

A: Annuity means finite no. of payments which are same in size and made in equal intervals. Person gets…

Q: A woman deposits $12,000 at the end of each year for 15 years in an investment account with a…

A: The question is based on the concept for calculation of the future value by use of compounding…