Rounded to the nearest cent, find the amount of money accumulated in 5 years if $14000 is invested at 10 % interest and compounded a. annually: $ b. quarterly: $ c. monthly: $ a. daily (assume 365 days in a year): $

Q: Find the amount at the end of 5 years if Php17,535 is invested at 2.45% compounded quarterly.

A: Future Value refers to the value of the current asset or investment or of cash flows at a specified…

Q: you invest $12000 at an annual rate of 3% . Find the balance after 5 years for each type of…

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

Q: What is the present value of $1,150 deposited at the end of each quarter year for 12 years earning…

A: Calculation of Present Value:The present value is $38,124.16.Excel Spreadsheet:

Q: How much interest is earned in 5 years on P50,000 deposited in a bank paying 3% interest per annum,…

A: Compound Interest: It is the interest on a deposit or loan computed based on the initial principal…

Q: w 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  future value for…

Q: Suppose that you invest $9,000 at 6% interest, compound quarterly, for 5 years. use Table 11-1 to…

A: Compound interest is the total interest earned during the investment period. It considers…

Q: You place $4000 into an account paying 8% compounded annually. Inflation is 2.5% during each of the…

A: The real rate of return is the actual rate of return after taking inflation into account. The…

Q: For 10 years with total payments of $ 10000 per year, calculate the total amount accumulated at the…

A: we will only answer the first three subparts . for the remaining subparts kindly resubmit the…

Q: If $900 is invested at 10% compounded quarterly, what is the interest earned after a) 4 years…

A: Time has been precious in all perspectives, however in terms of finance, time has a monetary value.…

Q: Money is invested at 5.70% p.a. compounded semi-annually for 37 months. What is the numerical value…

A: Solution:- When an amount is invested somewhere, it earns interest on it. The amount deposited is…

Q: An initial investment of $480 earns interest for 7 years in an account that earns 13% interest,…

A: Future Value = Present Value * (1+r)^n where r =rate of interest per period i.e. 13%/4 = 3.25% n =…

Q: A principal of 2450 Rials is invested at rate 5.25% compounded quarterly. After how many years the…

A: Given in the Question Principal = 2450 Riyals Rate = 5.25% Compounded Quarterly

Q: If a sum of $3000 is borrowed for six months at 9 percent simple interest per year, what is the…

A: A method of computing interest amounts in which the compounding effect was not considered by the…

Q: Find the amount at the end of 2 years and 6 months if P2,000 is invested at 71% compounded…

A: Invested amount (X) = P 2000 n = 2 years 6 months = 10 quarters r = 71% per annum = 17.75% per…

Q: What will an amount of $75 000 become in 5 years time if invested at                      4.15% p.a.…

A: Future value is the compounded value of a sum of money invested at a given interest rate for a…

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: (4) Calculate the total amount of money that would be accumulated if an amount of money of GH¢ 6,000…

A: An annuity is the sum total of all the periodic payments or investments made over the period of time…

Q: If $200 is invested at 5% compounded quarterly, what is the interest earned after: a) 6 years,…

A: The formula used as follows: A=P1+rnn×t

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

A: Given information: Annual payments : $10,000 Time periods : 10 years Nominal Rate of interest : 20%

Q: Compound Interest If $10,000 is invested at 12%interest, compounded monthly, find the interestearned…

A: Step1: Introduction Compound Interest: It refers to interest payments that are made on the sum of…

Q: 40,000 is repaid over 9 years with payments occurrir = the size of the periodic payment? = the…

A: interest rate is compounding quarterly so we have to find effective annual interest rate.

Q: Suppose you invested P4,232 bimonthly over a period of 15 years. Find the accumulated amount if…

A:

Q: Determine the interest earned after 10 years if $200 is invested in each of the following accounts:…

A: Future Value = Present Value * (1+r)^n Where, r = rate of interest per period i.e. 5.40%/12 = 0.45%…

Q: Determine the amount of money in a savings account at the end of 5 years, given an initial deposit…

A: Compounding: It is the practice by which the interest is credited both to an existing principal…

Q: The amount received at 10% per annum compounded quarterly after 2 years is RM3,150. Then, find the…

A: The amount received after 2 given. The principal amount will be present value of amount received…

Q: Find the amount at the end of 2 years if $1,000 was invested at 5% simple interest; 5% compounded…

A: The term time value of money refers to the value of the money in the future of which the investment…

Q: how many years is required for $3,000 to increase by $4,000 if interest at 14% compounded quarterly

A: Investment can be defined as depositing funds in an asset to earn a profit or interest. Interest is…

Q: How much will be received in 6 years if Php35,000 is deposited in an account earning 5.5% interest…

A: Compound interest is an investment method where the interest earned is reinvested back which earns…

Q: If $400 is invested at 10% compounded quarterly, what is the interest earned after: a) 6 years…

A: Compound Interest: It refers to the additional interest added to the principal amount of any deposit…

Q: Find the amount at the end two years znd seven months of ₱ 1M if invested at 9& compounded…

A: Investment amount (P) = P  1,000,000 Annual interest rate (R) = 9% Compounding per year (M) = 4…

Q: What is the nominal rate of interest if Php12,000 accumulates Php30,000 in 10 years with interest…

A: Solution: Present value (PV)    12,000.00 Future value (FV)    30,000.00 Period (Nper) 40…

Q: Calculate the compound amount when $7000 is deposited in an account earning 9% interest, compounded…

A: Given information: Present value is $7,000 Rate of interest (r) is 9%, compounded quarterly Number…

Q: An amount of $8,430 is deposited into an account earning 7% interest compounded quarterly. How much…

A: There are different types of accounts which an individual can open in a bank. It can be a savings…

Q: If you make quarterly deposits of $1000 for 15 years into an account that compounds interest at 1.5%…

A: Quaterly deposit is $1000 Time period is 15 years Interest rate is 1.5%   To Find: Future Value

Q: Find the compound interest accumulated on BD 14500 at the end 9 years if it is invested at 4%…

A: Compound interest is the interest earned on the principal as well as on the interest earned…

Q: Rs. 15,000 invested for 3 years at 18% p.a. Calculate Compound Interest and Accumulated value.…

A: Investment Amount = 15,000 Time Period (N) = 3 years Interest Rate = 18% p.a.

Q: What is the effective rate of interest if Php12,000 accumulates Php30,000 in 10 years with interest…

A: Solution: Present value (PV)       12,000.00 Future value (FV)       30,000.00 Period (Nper)…

Q: A nominal interest of 3% compounded continuously is given on the account. What is the accumulated…

A: In Continuous compounding, compounding is done an infinite number of times.

Q: Compare the interest earned by P dollars at i% per year simple interest with that earned by the same…

A: Time value of money- It is based on the concept that money earned today is worth more than similar…

Q: A principal of $1600 is invested at 5.5% interest, compounded annually. How many years will it take…

A: Present  Value is the concept that states an amount of money today is worth more than that same…

Q: (FORMULA) An investment of $2500.00 earns interest at 8.25% p.a. compounded monthly for 3 years. At…

A: Initial Investment is $2500 Interest rate is 8.25%P.a. compounded monthly  for 3 years New Interest…

Q: If $800 is deposited in a savings account at the beginning of each year for 12 years and the account…

A: The future value of an annuity due is the future worth of a cash flow series receivable /paid at the…

Q: $1,000 is invested for 5 years in an account earning 8% annual interest, compounded semiannually.…

A: Details given are : Present value of investment = $1000 Interest rate = 8% p.a. Time period = 5…

Q: 1. a. In a savings account 3% annual interest rate compounded monthy, P 1,000 is deposited at the…

A: Note: It is a case where the number of questions asked is more than one and no specified question is…

Q: Determine P & F for the diagram below: Immi For the first seven years, interest is 12% per year…

A: Here, Annual deposits for the first 7 years = 500 Interest rate = 12% compounded monthly Annual…

Present Value

Present value (PV) is defined as the current or present value of all future sums of cash flow or money at a specified rate of return. This rate of return is known as the discounted rate, which is essentially the interest rate, discounted over some time. The expected cash flows are discounted at a discount rate to compute the present value. The higher the discount rate, the higher the future value (FV), but the lower the present value.