sum of $2000 borrowed at 16% compounded daily for 2 years, state (c)    The periodic rate of interest (i); (d)   The number of compounding periods in the term (n); mention days (e)   Find the future value of the loan at the end of 2 years

Q: e future value of an ordinary annuity of $100 paid at the end of each quarter for 2 years, if…

A: FV=C(1+r)n-1r×(1+r)C=$100  r= 6% = 0.06  n=2 years  compounded quarterly r=0.064  n=2×4=8

Q: A 4% coupon rate bond has a face value of $5000, pays interest semiannually, and will mature in 10…

A: According to the given information, Face value = $5000Annual coupon rate = 4% Semi-annual coupon…

Q: A $5000 Mauranol, Inc., corporate bond matures in 10 years and has a coupon rate of 7.2% paid…

A: Hi, thank you for the question. Since you have posted a question with multiple sub parts as per our…

Q: An investment makes payments of $575 at the start of each year for 100 years. The rate or return of…

A: Given: Principal amount, P=$575 Number of years, t=100 Rate of interest, r=3.7% Number of times…

Q: 1) if you invest 8,000 in an account that earns a apr of 4% simple interest what will be the balance…

A: ***As per our guidelines, we are supposed to answer only one question at a time. Since you have…

Q: P7,500.00 earning 9% interest, compounded daily for 3 years

A: Given: P=7500 r=9%=0.09 Compounded daily, n=365 t=3 years

Q: 3. At a certain interest rate compounded annually, P100,000 will become P450,000 in 15 years. What…

A:

Q: How much interest will you owe if you borrow $1200 for 2 years at a simple interest rate of 10%…

A: Equation to be used:A = P(1 + rt) ;        P = Principal Amount = 1200  t = time in years = 2 years…

Q: Meadow Company wants to invest its net profits of $81,000 for 8 years in either a credit union or a…

A: Hint: The formula of compound interest compounded monthly is, CI=P(1+r12)12t-P, where P is the…

Q: Five years ago, a trust fund amounting to P500,000.00 was invested at 15% compounded semi-annually.…

A: as per our company guideline we are supposed to answer only one qs kindly post remaining qs in next…

Q: Arnie agrees to contribute $2,300 to the road fund at the end of each year for the next 11 years.…

A: First we will find the future value of contribution of Arnie at the end of 11 years: Future value of…

Q: 2 Spyro takes out a loan of 40000 AED from a bank at an annual interest rate of 6.3% compounded…

A: Compound interest formula is given by the equation; A=P1+r100nntP→Principal amountA→Final…

Q: Use the compound interest formula to compute the future value of the investment. Round to the…

A: initial deposit P = 1500 rate of interest r = 4% = 0.04 compounded quarterly means 4 times per year,…

Q: Calculate. to the nearest cent the Future Value FV (in dollars) of an investment of $10,000 at the…

A: Given Information:   Investment (PV)= $10,000  Time period (n)=15 year Rate = 2% rate per year.

Q: Find the present value of the given future payment at the specified interest rate. $5000 due in 40…

A: In the given question we have to find approximate present value.   According to our guidelines we…

Q: The price of a new car is $20,000 . Assume that an individual makes a down payment of 25 % toward…

A:

Q: The bank is offering a special rate of 4.5% to anyone willing to invest $10,000 for 5 years,…

A: Here, principal (P)=$10,000               Time (t)=5 years rate of interest (r)=4.5%=4.5100=0.045…

Q: Suppose you are 25 years old and would like to retire at age 60. Furthermore, you would like to have…

A: Given statement is, Suppose you are 25 years old and would like to retire at age 60.Furthermore, you…

Q: 2. Jenny wins a lottery. Starting one month from now, she will receive $1000 a month for life. a)…

A: Given, Jenny recieves $1000 a month

Q: Find the interest rate required for a principal of 15000 OMR to produce a future value 40000 OMR in…

A:

Q: Meadow Company wants to invest its net profits of $103,000 for 9 years in either a credit union or a…

A:

Q: what is the future value of $4000 earning 18% interest compounded monthly, for 8 years?  Round to…

A:

Q: A zero coupon bond is a bond that is sold now at a discount and will pay its face value at some time…

A: Given fv=$21000,t=17,r=2.3% and n=2

Q: A zero coupon bond is a bond that is sold now at a discount and will pay its face value at some time…

A: If the interest in compounded, then the formula used is FV=PV1+rnnt. Here FV is the future value, PV…

Q: (a) What are the future value and the interest earned if $3000 is invested for 3 years at 8%…

A:

Q: (A) What is the present value of an annuity that pays $X per month for 10 years, where X is 2082 if…

A: Here we use geometric series formula.

Q: 2. A man wants to make 14% nominal interest compounded semi-annually on a bond investment. How much…

A: There is no such introduction for the solution.I have explained it within the solution.Please go…

Q: At the time of a child’s birth, $10,000 was deposited in an account paying 3% interest compounded…

A: Quarterly rate is determined by dividing annual rate by 4.

Q: A person wants to deposit $30,000 per year for 15 years. If interest is earned at the rate of 16%…

A: We will find out the the amount that will grow by the end of 15 years for all given conditions.

Q: 14. VAN PURCHASE In 4 years, Jennifer Videtto will need to purchase a delivery van for her plumbing…

A: (a) We will calculate the present value of future payments. Payments must be made for 36 months at…

Q: You begin saving for your retirement by investing $640 per month in an annuity with a guaranteed…

A: Definition used -               Future value-               FV=∫0aR(t)er(a-t)dt

Q: You consider paying equal amounts of money into a bank account at regular intervals for 10 years. As…

A:

Q: 5) a. Suppose that you have a plan to pay RO B as an annuity at the end of each month for 4 years in…

A: Solution :- (a) Given, Anuity payment for each period (P) =$ 992 Discount rate or interest rate (r)…

Q: 1. Investment in Sunrise Company is P 100,000 at the end of 5 years plus P 24,000 annually for 4…

A: Answer 1 The fair market value is the price that one can expect to purchase the cash stream promised…

Q: fund

A: Given that: The initial amount is $1,000 simple interest rate is 5% and it take for it to grow to…

Q: 5) You want to invest $5000. What nominal interest rate, compounded annually, would you need in…

A: We have given P=$5000,  A=$10,000  t=7 years find r % we know that compounded interest formula…

Q: II) Find the interest rate required for a principal of 15000 OMR to produce a future value 40000 OMR…

A:

Q: Ami opened a savings account at a bank that charged a nominal interest rate of 12% by depositing a…

A: When it is not mentioned which subpart of a question to be answered, only first 3 parts are solved.…

Q: 1. You can make a one-year investment at 7.8% compounded monthly, or 8.1 %compounded semi-annually.…

A: The formula for the compound interest is given by A=P1+rnnt, where A is the final amount, P is the…

Q: 3.34 Suppose you borrowed $12,000 at an interest rate of 8%, compounded monthly over 36 months. At…

A: Consider the given data, A0=$12000i=8% per annm=812% per monthA=Monthly payment So, first we need to…

Q: An investment company pays 7% compounded semiannually. You want to have $8,000 in the future.

A:

Q: -) A deposit of $5,000 in a savings account that pays 3 percent interest compounded semiannually.…

A:

Q: 2. Amy invested $5,600 in a five year CD that pays eight percent compounded quarterly. What is the…

A: Compound Interest formula,A= P1+rnntWhere,A= future value or final amountP = investment or initial…

Q: Direction: Analyze and solve the following problems. 1. Find the present value of an ordinary…

A:

Q: 2. ABC bank pays interest at the rate of 2% compounded quarterly. How much will Ken have in the bank…

A: *** This is the problem related to financial mathematics and we are advanced math expert and have…

Q: 25. CORPORATE SAVINGS Dayton Tires has $180,000 to invest for I year. Find the future value if it…

A: a. Given : Rate of interest = 2% =2100 Principal = $ 180000 Time = 1 year Hence,  A=P(1+rn)nt =…

Q: A couple deposits $20,000 into an account earning 3.5% annual interest for 15 years. Calculate the…

A:

Q: You deposit $9000 in an account that pays 5.5% interest compounded quarterly. After one year, the…

A:

Q: An investment of $17,000 was growing at 4.5% compounded quarterly. a. Calculate the future value of…

A: