What is the discounted value of ​$1164.00paid at the end of every month for 9 years if interest is 3% per annum compounded semi-annually?

Q: What is the accumulated value of periodic deposits of $40 at the beginning of every quarter for 22…

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Q: What nominal interest rate compounded monthly is equivalent to 4.50% compounded quarterly?

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Q: What will be the compound interest on a sum of ₱25,000 after 3 years at the rate of 12% per annum?

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Q: Identify the present value Semi-annual payments of 20,500 with an interest rate of 8.5% compounded…

A: Given query is to find the present value.

Q: What is the annual percentage yield for an account with a nominal interest rate of 12%, compounded…

A: The formula for annual percentage yield is, APY = (1 + i/n)n – 1, where I is the nominal interest…

Q: How much must you deposit today into an account with quarterly compounding interest and an APR of…

A: please comment if you need any clarification. If you find my answer useful please put thumbs up.…

Q: Find the effective rate to the nearest hundredth for nominal interest rate. 7% compounded quarterly

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Q: Suppose that $1000 is deposited in a savings account that pays 6% per annum, compounded quarterly.…

A: Given: Initial deposit is 1000 dollars i.e. P=1000  dollars Rate of interest per year is 6% i.e.…

Q: What will be the maturity value of ₱16,000 invested for 5 years at 15% compounded quarterly?

A: Formula: The compound interest formula is given by, A=P1+rnnt, where A-maturity value, P-principle…

Q: At what interest rate compounded semi-annually will P15,000.00 accumulate to P25,000.00 in 10 years?

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Q: What interest rate was applied if a loan of P54, 300 will amount to P83, 000 after 2 years and 6…

A: We need to find the interest rate applied if a loan of P54, 300 will amount to P83, 000 after 2…

Q: The difference between the future values of a deposit accumulated for 10 years at a rate of 8%…

A: Given the difference between the future values of a deposit accumulated for 10 years at a rate of 8%…

Q: The interest rate on a GIC is 4.50% compounded quarterly. What is the purchase price of the GIC if…

A: Find purchase price of GIC

Q: A company wants to have $200,000 available in 3 years for new construction. How much should be…

A: topic - application of geometric progression

Q: No payments were made on a $2,598 loan during its three-year term. What was the annually compounded…

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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: If the compound interest earned for the second year at 10% p.a. is Rs. 121. What is the principal…

A: This is a problem of compound interest. See it step by step.

Q: What is the discounted value of $1433.00 paid at the end of every six months for 6 years if interest…

A: Compound interest

Q: Find the effective rate of interest.For 5% compounded quarterly

A: Effective interest rate is the equivalent annual interest rate compounded annually which is…

Q: 4. A consumer loan of P80,000 is obtained that is due 3 months from now. If interest  rate is 8%…

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Q: QUESTION 10 If you have $51,000 in student loans at an interest rate of 3%, compounded monthly, what…

A: Solution:

Q: What is the accumulated value of periodic deposits of $4,000 made into an investment fund at the…

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Q: 6. Find the amount necessary to fund yearly withdrawals of $3000 for 12 years with interest rate…

A: Compound interest problem......

Q: 3. At what annual interest rate compounded semi-annually will a certain amouht triple nsen in 20…

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Q: At what rate of interest compounded semi-annually for 8 years will Rs. 3,150 amount to Rs. 4,720?

A: The formula for amount is: Where, P is the principal value. r is the rate of interest in decimals.…

Q: What is the accumulated value of periodic deposits of $3,500 made into an investment fund at the…

A: Given: $3,500 made into an investment fund at the beginning of every quarter, for 7 years, if the…

Q: What is the interest due if $500 is borrowed for 6 months at asimple interest rate of 6% per annum?

A: Given:     Principal (P) = $500     Interest rate (r) = 6 %     Time (t) = 6 month =612 year Simple…

Q: determine the interest rate in % compounded annually if the compound amount factor is 1.069 for a…

A: The formula for compound interest is A= P(1+rn)nt Where A = accumulated amount, P= principal, r =…

Q: How much is the original loan if semi-annual payments of $100,000 are used to repay it at 5%…

A: r= 5% A = amount to be paid =$100,000 P = original amount  t= 8 years

Q: Determine the nominal interest rate compounded half yearly if the effective interest rate is 8% per…

A: Provided information is ; effective rate per annum(i) = 8% compounding period(m) = 6 months…

Q: How much interest will you owe if you borrow $2700 for 3 years at a simple interest rate of 7%…

A: Given that  principal amount=P=$2700Time =T=3yearsrate of interest=R=7%find interest

Q: What single payment today would replace a payment of $900 in 3 years and a payment of $3,900 in 4…

A: The compound interest formula is A=P1+r100n, where A is the amount, P is the principal, r is the…

Q: An employee is entitled to a 10 yearly grant of 25,000 pesos each starting at the end of the…

A: In  the question it is given that an employee is entitled a 10 yearly grant of 25,000 pesos starting…

Q: What is the accumulated value of periodic deposits of $4,500 made into an investment fund at the…

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Q: A family wants to have a $200,000 college fund for their children at the end of 17 years. What…

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Q: A $27,000, 7% bond redeemable at par with interest payable annually is bought 9 years before…

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Q: Find the effective rate of interest corresponding to a nominal rate of 6% compounded semiannually.

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Q: Find the difference between simple interest and compound interest on a savings deposit of fifty…

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Q: If the compound interest on P3, 000.00 in 2 years is P500.00, then the comcound interest on P3,…

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Q: What is the cash value of a lease requiring payments of $1,362.00at the beginning of every year for…

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Q: Ten annual installments of 65,000 pesos each starting at the end of the eleventh year from now, is…

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Q: 4. What principal must be deposited in a 4.5% saving account compounded monthly in order to have a…

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Q: What annual deposit is necessary to have $10,000 in 9 years if all the money is deposited at 1.5%…

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Q: What is the purchase price on a car that has a $350 monthly payment for five years, financed at 6%…

A: Given query is to find the purchase price of the car.

Q: - Given a nominal interest rate of 5.3%, compounded daily, determine the APY.

A: We’ll answer the first question since the exact one wasn’t specified. Please submit a new question…

Q: What is the total investment of $3500 compounded quarterly for 8 years at a rate of 5%? And what is…

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Q: How much must be invested in an annuity that will earn 5.9% (compounded quarterly) where a payment…

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