What excell formula is used to determine APR when given present value and future value. It has to be determined for one year when compounded (1) semiannually and (2) monthly

### Want to see the full answer?

Check out a sample Q&A here*star_border*

## Related Accounting Q&A

Find answers to questions asked by students like you.

Q: Complete the following using present value. Amount $6,600, Time 10 years, Rate 2%, Compounded…

A: Calculation of period used: Answer: Period used is 20. Calculation of period used:

Q: determine the equivalent a. present worth at the beginning of the first year and b. uniform annual…

A: Net Present Value: It is the present worth of the annual cash flows and the initial cost of the…

Q: Please calculate the rate used, present value factor used, present value of amount desired at end of…

A: Here, Future Value is $6,000 Interest Rate is 3% Time Duration is 8 years Compounding periods is…

Q: Complete the following using compound future value. (Use the Table provided.) Time…

A: Compound interest: Compound interest is the interest earned on the principal amount, plus the…

Q: Complete the following using compound future value. (Use the Table provided.) Time Principal Rate…

A: We need to check future value interest factor by using above table in the following manner Column…

Q: Determine the present value if $5,000 is received in the future (that is ,at the end of each…

A: Present Value: It is the present worth of the future annuity cash flow stream. Present value is…

Q: nual, semiannual, and quarterly compunding periods, (1) calculate the future value if $5000 is…

A: Future value can be computed using FV function in excel. FV function computes interest rate for…

Q: hát is the value at the end of year 3 of sh flow stream if the quoted intere: ercent, compounded…

A: In this we need to calculate the future value of given cash flow.

Q: (a) find and (b) interpret the present value that will generate the given future value $3758 at 11…

A: The Present Value is the current value of a future amount i.e., it is the amount to be invested…

*question_answer*

Q: Calculate the annual equivalent value at the end of each year at i=17% per year?

A: Annual equivalent value can be calculated by multiplying Present Value factor @17% with cash flows…

*question_answer*

Q: Compute the nominal rate of intrrest at which $980 deposited at the end of eaach month quaretly for…

A: Nominal interest rate is the rate of return without considering the inflation rate or before…

*question_answer*

Q: Find the future value by completing the table below: Table Period Periodic rate Table Factor Future…

A: Click to see the answer

*question_answer*

Q: Calculate the effective rate per semiannual and annual periods.

A: Effective rate is also called the effective annual rate or the annual equivalent rate. It is the…

*question_answer*

Q: calculate the present value using the present value chart needed to obtain $6,400 in 8 years at 8%…

A: Present value is current value of future payments at a given rate of interest. Given: Future value =…

*question_answer*

Q: Find the future value by completing the table below: Table Period Periodic rate Table Factor Future…

A: Given: Present value = AED3,000 Time = 4 years Rate = 12% Compounded quarterly.

*question_answer*

Q: Given a 10% APR, what is the Effective Annual Rate, given quarterly compounding? _%

A: Effective rate = [ 1 + ( APR / Number of compounding per year ) ]Number of compounding per year - 1

*question_answer*

Q: Find the value of the following, if the present value is 1,100 at 9% converted annually for 58…

A: This question is based on the concept of time value of money which says that the value of $1 is…

*question_answer*

Q: What is the future value of $1,200 in 20 years at an APR of 8.00 percent compounded semiannually?

A: The amount can be calculated with the help of future value function

*question_answer*

Q: What is the present value on January 1, 2019, of $30,000 due on January 1, 2023, and discontinued at…

A: Present value is the current worth of future payment at a given rate of interest.…

*question_answer*

Q: Based on a 4% discount rate, what is the 2020 present value of the costs of the three alternatives…

A: Any cost or income at the beginning of the year is annuity/amount due.

*question_answer*

Q: Complete the following using compound future value. Time 13 years, Principal $16,800, Rate 2%,…

A: Calculation of Future value amount: Answer: Future value amount is $21,732.59

*question_answer*

Q: annual, semiannual, and quarterly compunding periods, (1) calculate the future value i f$4000 is…

A: Future value can be computed using FV function in excel. FV function computes interest rate for…

*question_answer*

Q: use the compound intrest formula for compounding more than once a year to determine the accumulated…

A: Future value = Present value * (1+rate per period )^no. of period

*question_answer*

Q: Find the effective rate of 14% compounded quarterly of a year.

A: Interest refers to the amount that is charged on the lent or borrowed amount as charges for the…

*question_answer*

Q: Find the effective rate of 14% compounded quarterly of a year.

A: The effective rate of interest(EAR) can be calculated by using this equation Effective rate of…

*question_answer*

Q: Find the effective rate corresponding to the given nominal rate. (Use a 365-day year.) 8%/year…

A: Using excel Effective rate function

*question_answer*

Q: Assuming that maintenance and insurance costs are paid at year-end and an interest rate of 10%…

A: Present value annuity formula = C * [(1-(1+i)-n)/i] Where C = cash flow per period, i = rate of…

*question_answer*

Q: se the appropriate compound interest formula to compute the balance in the account after the stated…

A: Given information : Investment amount $26,000 Time period (years) 7 Interest rate (Annual) 2%

*question_answer*

Q: prmula for annual E umber of years in se ry, The annual bene:

A: The calculation is given as,

*question_answer*

Q: annualy. a What is the sie of the morchly payments bị How much interest is paid during the first…

A: loan =248000 Period =35years interest =8.12%

*question_answer*

Q: What is the effective annual rate (EAR) if the stated rate is 8 percent and compounding occurs…

A: In this question we need to calculate the effective annual rate (EAR).

*question_answer*

Q: Consider the case where the Annual Percentage Rate (APR) is 15%. If the frequency of compounding is…

A: Annual Percentage rate = 15% Compounding = Quarterly Number of compounding per year = 4

*question_answer*

Q: What is the future value of $5,500 in 17 years at an APR of 8.4 percent compounded semiannually? (Do…

A: Here, Present Value (PV) is $5,500 Annual Percentage Rate (r) is 8.4% Time Period (n) is 17 years…

*question_answer*

Q: From the interest statement 18% per year, compounded monthly, determine the values for interest…

A: Interest Rate period: It is the period (in years) in which interest is charged. Compounding…

*question_answer*

Q: What is the effective annual rate (EAR) for an annual percentage rate (APR) or a nominal annual rate…

A: EAR = [(1+Nominal interest rate/n)^n]-1 where, n = compounding period In case of semi-annual…

*question_answer*

Q: The asset - vehicle worth £21,200 will be depreciated by 10% at the end of the year. Which nominal…

A: Journal entry: A journal entry is used to record day-to-day transactions of the business by debiting…

*question_answer*

Q: the yearly effective rate over the five-year period?

A: Yearly effective annual rate is a kind of real returns on the investments yielding interest in which…

*question_answer*

Q: months. If money is worth compounded annually, find the equivalent payme shown below. (a) now (b) in…

A: Debt payment =$8000 Period =108 months =9 years interest rate =6.7% Value now =8000/(1.067)9 Value…

*question_answer*

Q: What is the present value of $2,500 semiannual payments received at the beginning of each period for…

A: Given:

*question_answer*

Q: Determine Abby's total AGI under both options for the current year and next year.

A: AGI the Adjusted Gross Income can be defined as the result of the deduction of specific deductions…

*question_answer*

Q: What annual compounding rate each month produces the same amount as the 34.6% rate compounded…

A: let the annual rate be r (1+r) = (1 + 34.6%/4)4

*question_answer*

Q: For an APR of 10% per year, if interest is compounded quarterly, determine the nominal rate per (a)…

A: a.

*question_answer*

Q: For the previous example , find the future worth if the in 6% cempounded monthly

A: In this we have to find out future value factor and than find out future value.

*question_answer*

Q: Calculate years will it take for an article to depreciate to half its value according to reducing…

A: Depreciation means the loss in value of assets because of usage of assets , passage of time or…

*question_answer*

Q: Contributions of $142.16 are made at the end of every quarter into an RRSP for 18 years. What is the…

A: Quarterly contribution (P) = $142.16 Period = 18 Years Quarterly periods (n) = 18*4 = 72 Interest…

*question_answer*

Q: Calculate the present value of the following single amounts. Future Value Annual Rate Interest…

A: Present Value =Future Value / (1+rate)^n Where, rate = rate of interest per period n = no. of…

*question_answer*

Q: Using the provided present value tables, what would be the present value of $11,000 to be received 4…

A: Concept of Present value is generally used to figure out how much need to invest today to have…

*question_answer*

Q: he book value of the machine at the beginning of the third year would be

A: Here, i am assuming, crane company using the straight-line method. Depends upon the depreciation…

*question_answer*

Q: If you save $580 at the beginning of every six months for nine years, for how long can you withdraw…

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

*question_answer*

Q: The following investment requires table factors for periods beyond the table. Create the new table…

A: The compound interest is the expansion of interest to the principal amount of an advance or deposit.…

*arrow_forward*

*arrow_forward*

*arrow_forward*

*arrow_forward*

*arrow_forward*

*arrow_forward*

*arrow_forward*

*arrow_forward*

*arrow_forward*

*arrow_forward*

*arrow_forward*

*arrow_forward*

*arrow_back_ios*

- SEE MORE QUESTIONS

*arrow_forward_ios*