months over 3 years at 7% per year compounded quarterly. much is Ana's quarterly payment?

Q: A decreasing annuity account pays 35% interest rate, compounded quarterly. Withdrawals of $200 per…

A: Present value is the sum of the current value of money of future cash flows. It is also known as a…

Q: How much must be deposited at the beginning of each year in an account that pays 3% compounded…

A: Time value tells that amount received today is of more value than that of receiving the exact value…

Q: Juan borrowed 3,841 at 1.32% per month payable in 24 equal end-of-the-month payments. What is the…

A: Solution:- Effective interest rate means the net interest rate for the year after the effect of all…

Q: What is the future werth of a series of equal monthly payments of $2,000 if the series extends over…

A: Future value is the value of an asset after a specific time period.

Q: How many semi-annually payments will it take for $550.00 deposited at the end of each half year to…

A: Future Value of Ordinary Annuity refers to the concept which determines the sum total of all the…

Q: How much should I invest today and expect a reimbursement every other month with a ROR of 0.08…

A: Interest rate bi-monthly = 8% Annual effective rate of interest = {[1 + (Interest rate pa % / Number…

Q: ordan received a loan of $1,300 at 4.50% compounded quarterly. She had to make payments at the end…

A: Given: r=4.50% yearly =4.50/(4×100) quarterly =0.01125R (Quarterly payment)=?n=1 years =4…

Q: Clara borrows $41,000 today at 2.9% per year compounded quarterly, to start her own buisness. she…

A: In this question we need to compute the Clara's quarterly payments from following details: Loan…

Q: An interest of 8% compounded semi annually is how many percent if compounded quarterly?

A: Formula: Effective interest rate=1+rnn-1where,r=nominal raten=number of compounding periods in a…

Q: If money is worth 6% annually, what annual payment is required to raise P 17,909 after 5 years if…

A: The Future Value of an annuity due is the total future value of each cash flows which is made at the…

Q: You borrow $1,000,000 at 3% compounded semi-annually and will pay it off over bi-weekly (every two…

A: Amount borrowed= $1,000,000 Rate= 3% compounded semi-annually Time (n)= Bi weekly over 25 years

Q: compounded monthly for any deposits made in the next month. If they deposit $10,000, then how much…

A: Future value: It represents the future worth of the present sum of money. The future value is…

Q: What is the final amount of $2696 payable every three months for 5 years and 9 months, if money is…

A: Here, Quarterly Payment is P2696 Time Period is 5 years and 9 months Time Period in Quarters  (n)…

Q: Twenty annual payments of $5000 each, wi the first payment one year from now, are to be made from an…

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

Q: You borrow $1,000,000 at 3% compounded semi-annually and will pay it off over bi- weekly (every two…

A: There are two methods to charge interest on the loan taken. One is the simple interest method and…

Q: Pamela borrows $2500 at 12% per annum simple interest for 2 years. In addition, a few of $200 is…

A: Simple interest refers to the simplest method of calculating the financier charges applied on the…

Q: How much must I deposit into an account every month to have $1,500,000 in 15 years at a rate of 7%…

A: A recurring deposit is a special type of term deposit offered by banks which help people with…

Q: compute the nominal quarterly interest rate at wich payments of $250 made at the end of each quarter…

A: in this problem we have to calculate future value FACTOR and from that we can get quarterly interest…

Q: What is the discounted value of ​$844 paid at the end of every three months for 10 years if…

A: Computation:

Q: What is the monthly payment on a loan of $5,000 at APR = 10% for one year.

A: Loan amount = $5000 Interest rate = 10% Monthly interest rate  = 10%/12 = 0.833333333333333% Number…

Q: How much must be deposited at the end of each month for six year to accumulate $3250.00 at 5%…

A: Using excel PMT function

Q: how much should I invest today and expect a reimbursement every other month with a ROR of 0.08…

A: ROR = 0.08 Bi-monthly ROR (R) = 0.08/6 = 0.0133333333 Period = 4 Years Number of bi-monthly payments…

Q: What sum of money must be deposited at the end of every 3 months into an account paying 3.7%…

A: Amount that need to be deposited in in 3moths can be calculated using the formula of the future…

Q: How much must be deposited at the beginning of each quarter in an account that pays 5% compounded…

A: In this question payment per quarter has to be find out. Future value , rate of return and number of…

Q: A loan, amortized over 7 years, is repaid by making payments of $1,600 at the end of every month. If…

A: Present value is the current value of the amount of money or cash flows that are expected in the…

Q: Anna places $384 each quarter into an account that earns. If the account earns 1.41% interest…

A: Given data; Quarterly payment = $384 interest rate = 1.41% number of years = 7 Compounding frequency…

Q: A car valued at $11,400 can be purchased for 10% down and end-of-month payments of $286.21 for…

A: The nominal interest rate, also known as an Annualized Percentage Rate or APR, is calculated by…

Q: How much will be in an account at the end of five years the amount deposited today is $10,000 and…

A: The given problem can be solved using FV function in exceL. FV function computes amount BALANCE in…

Q: If $12,000 is invested at an interest rate of 10% per year, find the amount of the investment at the…

A: Given:

Q: How much money must be invested at 16% annually, compounded quarterly, to obtain $1,400 in three…

A: A concept that implies the future worth of the money is lower than its current value due to several…

Q: If $6000 is invested in an account that pays 3% annual compounded interest, compare the amount in…

A: 1. Semi annual: Future value = Present value *(1+rate)^periods Future value =…

Q: How much must be deposited at the beginning of each month in an account that pays 6% compounded…

A: Monthly rate = 6%/12 = 0.5% Number of periods = 7*12 = 84 Future value required is $31,000 Find…

Q: If money is worth 8% annually, what annual payment is required to raise P 17,059 after 1 years if…

A: The question is based on calculation of present value of future expected cash flow . The calculation…

Q: An annuity that pays $950 at the end of each month for 18 years sells for $105,000 What was the…

A: Quarterly Compounded Nominal Interest Rate: Quarterly compounding outperforms semi-annual…

Q: How much must be deposited at the beginning of every six months in an account that pays 4%…

A: The amount which is deposited at the beginning of each period is called as annuity due. The period…

Q: For 8 years, $52 is deposited each week into an account that earns 2.1% interest, compounded weekly…

A: This question has two parts, First - $300 compounding every week for 8 years which is  simple…

Q: What is the equal payment series for 12 yearsthat is equivalent to a payment series of $25,000 atthe…

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

Q: For total yearly payments of $10000 for 10 years, compare the compound amount accumulated at the end…

A: An ordinary annuity is a series of equal payments made over a period of time.  It has been…

Q: Maria loaned an amount of 100,000 in payable in 15 equals installments. The first payment was made a…

A: The present value of loan is equal to the present value of all the future installments discounted at…

Q: What is the future worth of a series of equal monthly payments of $2,000 if the series extends over…

A: Use the following formula to calculate the effective interest rate (EIR). Where i is the effective…

Q: Beatrice deposits $75 at the end of each month into an account earning 4.75% compounded monthly. How…

A: Compound interest refers to the interest accrued not only on principal amount but also on the…

Q: In general, which rate yields the larger amount in one year? (A) 13% compounded semi-annually (B)…

A: The rate that would yield a higher value can be calculated by comparing the effective annual rate of…

Q: What is the accumulated amount of a 9-year annuity paying P 1,075at the end of each year, with…

A: Using Excel FV function

Q: What is the accumulated amount of a 9-year annuity paying ₱ 1,075at the end of each year, with…

A: Future value is defined as the current asset value at the date of future on the basis of an assumed…

Q: What are the effective annual rates of the following: a) 12% APR compounded monthly? b) 16% APR…

A: Effective Annual Rates (EAR) = ( 1+ APR/m)m - 1 APR = Annual Percentage Rate n = number of…

Q: How much do ten ₱ 6,945 quarterly payments amount at present,

A: Time Value of Money (TVM) concept is used to discount the future cash flows or to compound the…

Q: What is the equal payment series for 8 years that is equivalent to a payment series of $15,000 at…

A: Given information:  Payment series: $15,000 Increasing amount: $1,500 Period: 10 years Interest…

Q: A recent graduate's student loans total $18,000. If these loans are at 4.2%, compounded quarterly,…

A: Given: Loan = $18,000 Interest rate = 4.2% Years = 6

Q: A recent graduate's student loans total $17,000. If these loans are at 5%, compounded quarterly, for…

A: Given: Loan amount = $17,000 Interest rate = 5% Years = 8

Stock Market Indices

Stock indexes are used to compare the price fluctuations of a group of stocks of similar companies, which are combined based on a similar industry or a particular market capitalization limit or type of market. The price comparison is based on a pre-determined standard method or indicators. These stock indexes are usually considered a base for comparison of a particular stock, and the performance of that particular company can be easily determined.