What cash payment is equivalent to making payments of ​$944.00 at the end of every six months for 9 years if interest is 9% per annum compounded quarterly?

Q: At what nominal rate, compounded every 2 months, would $14,000.00 have to be invested to amount to…

A: Nominal rate = r 2 Months rate = r/6 = 0.166666666666667r Investment (PV) = $ 14000.00 Future value…

Q: At what nominal rate, compounded quarterly, would $15,000.00 have to be invested to amount to…

A: FV = PV * (1 + i/n)^(n * Years) Where FV = Future Value = $18276.04 PV = Present Value = $15000 i =…

Q: What is the present worth of P500 deposited at the end of every month for 6 years if the interest…

A: Present Value:  The present value is the value of cash flow stream or the fixed lump sum amount at…

Q: a) What is the present worth ofequal payments of $25,000 made semi-annually (i.e., twice every year)…

A: Semi annual payment (P) = $25,000 Interest rate = 8% Semi annual interest rate (r) = 8%/2 = 4%

Q: 2. What is the future worth of P600 deposited at the end of every quarter for 4 years if the…

A: The value of an asset at a specific date is referred to as its future value. It is the present value…

Q: I. Bank X pays 12 per cent and compounds interest quarterly. If Rs 200,000 is deposited initially,…

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

Q: An amount of $29,200 will provide 9 years of payments of $2,518.50 at the end of every 6 months.…

A: Present Value  $                 29,200.00 Time Period 9 Semi Annual Payment(P/Y)  $…

Q: What rate of interest, compounded annually, will result in the receipt of P15 938.48 if P10 000 is…

A: Let the interest rate = r Final amount (F) = P 15938.48 Invested value (P) = P 10000 n = 8 years

Q: What is the nominal rate of interest if Php4,000 accumulates to Php10,000 in 8 years with interest…

A: solution given present value    =4000    future value       =10,000 time period        =8 years…

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: A sum of money is deposited now in a savings account. The effective annual interest rate is 12% and…

A: Individuals deposit a sum of money into savings accounts in order to earn interest and accumulate a…

Q: What equal payments at the beginning of each year for 10 years will discharge a debt of 110,000…

A: Debt amount (PV) = 110,000 pesos Interest rate (r) = 8% Number of payments (n) = 10 Equal payment =…

Q: A sum of P1,000 is invested now and left for eight years at which time the principal is withdrawn.…

A: We will use the concept of time value of money here. The concept says that money earns interest and…

Q: Payments of $4,000, $5,200 and $6,500 are due infourmonths, sixteen months and eighteen months…

A: In this we need to calculate all values after 1 year.

Q: How much will be paid every three months for a loan that amounts to P1 400 500.00 if money is worth…

A: Loan amount = P1,400,500  Interest rate = 518% = 418% = 5.125% Time period = 20

Q: 19. An investment of P300 is made at the beginning of each month for 4 years and 3 months. How much…

A: A stream of equal cash flows (CF) paid or received periodically is termed as annuity. Annuity is…

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: What is the present worth of P5000 deposited at the end of every three months for 5 years if the…

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

Q: You are offered payments of P1500.00 at the end of each quarter for 6 years.  You feel that the…

A: The cash value is the present value of annuity calculated on the basis of a specified rate. Annuity…

Q: At what nominal rate, compounded monthly, would 12,000.00 have to be invested to amount to 21,811.13…

A: Interest is the amount charged on a loan or investment. It can be calculated by simple interest or…

Q: If $19,000 is invested at 5% compounded quarterly, what is the amount after 9 years? The amount…

A: Given: Present value = $19,000 Interest rate = 5% Years = 9

Q: If you borrowed P10,000 from a bank with 18% interest per annum, what is the total amount to be paid…

A: A bank is a financial institution that provides loans and borrowings to the borrowers or the…

Q: What is the annual rate of interest if P265 is earned in four months on an investment of P15, 000?

A: Interest amount = P 265 Period = 4 Months = 4/12 = 1/3 Years Investment = P 15000

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: 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 interest earned on the principle of RM18,000 at the rate of 12% for 1 year and 4 months…

A: Principal amount (P) = RM 18,000 Interest rate = 12% Monthly interest rate (r) = 12%/12 = 1% Period…

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: If $9,000 is invested at 6% per year compounded monthly, the future value S at any time t (in…

A: Future Value(FV) is value of any present amount in future period. It is computed by compounding that…

Q: If you deposit RM25,000 in an account earning an interest of 15% per annum, much would you have in…

A: Given: Present value = RM25000 Interest rate = 15% per annum Time period = 10 years To compute the…

Q: Finance. Suppose that $4,300 is invested at 3.4% annual interest rate, compounded monthly. How much…

A: Given Information Present Value = $4,300 Interest rate =3.4% compounded monthly Time Period in Part…

Q: What is the percent worth of PHP 1000 monthly deposit at 2% per month for one year if the payments…

A: Monthly payment (P) = Php 1000 Monthly interest rate (r) = 2% Number of monthly deposits (n) = 12

Q: What cash payment is equivalent to making payments of $1471.00 at the end of every year for 8 years…

A: Solution:- When an equal amount is paid at end of each period, it is called as ordinary annuity.…

Q: What is the equal-payment series for 10 years that is equivalent to a payment series starting with…

A: Given information: Initial amount is $10,000 Decreases by $1,000 over 10 years Interest rate is 7%

Q: If money is worth 8% compounded quarterly, find the present value of 12 quarterly payments of P1,…

A: The rate of interest is 8% compounded quarterly. The payment made for 12 quarters. the each payment…

Q: How much monthly deposits must be made for 8 years and 6 months in order to accumulate P250,000 at…

A: A deposit is a financial phrase that refers to money that is kept in a bank. A deposit is a…

Q: suppose that $6,300 is invested at 3.1% annual intrest rate, componded monthly. how much money will…

A: Future Value(FV) is value of current amount at future date. It is computed by compounding that…

Q: You are offered payments of P1500.00 att he end of each quarter for 6 years. You feel that the cost…

A: The present value of future and periodic cash flows is the value of these cash flows at the present…

Q: What amount of money is equivalent to receiving ₱5,000 two years from today, if  interest is…

A: We need to use present value formula to calculate the amount of money equivelent today(present…

Q: How long before a scheduled payment of $3,354 will a payment of $3,018 be economically equivalent?…

A: Future Value = 3354 Present Value = 3018 Interest Rate = 4.25%/4 = 1.0625% per quarter N = Number of…

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: Suppose that $6,000 is placed in a bank account at the end of each quarter over the next 10 years.…

A: Quarterly payment (Q) = $6000 n = 10 years = 40 quarters Interest rate = 13%

Q: If the sum of P12,000.00 is deposited in an account earning interest rate of 9% compounded…

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

Q: Finance. Suppose that $6,000 is invested at 3.8% annual interest rate, compounded monthly. How much…

A: To calculate the future value we will use the below formula   Future value = PV*(1+r/m)t*m Where PV…

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: What is the nominal annual rate of interest compounded quarterly if a loan of $22,500 is repaid in…

A: The nominal interest rate is the stated interest rate. The nominal interest rate doesn't consider…

Q: What will be the amount of the sum Rs 1200 for one and half year at 40 percent of interest…

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

Q: What is the principal that will grow to $5500 in nine years, two months at 4.4% compounded…

A: Present Value refers to the value of cash flows today which is to be received at some future time…

Q: Find the present value of P1,200 due in 3 years and 9 months if money is worth 10%, compounded…

A: Present value of annuity is the current value of the future payments that are calculated using the…