What is the discounted value of $1185.00 paid at the end of every throe months for 4 years if interest is 12% per annum oompounded annually? The discounted value is S (Round the final answer to the nearest cent as noeded. Round all intermodiate values to six decimal places as noeded)

Q: What is the effective annual rate of interest if $1200.00 grows to $1500.00 in two years compounded…

A: As per the given information: Future value = $1500 Present value = $1200 Period = 2 years compounded…

Q: The annual interest, compounded annually at which $510 must be invested for it to grow to $2,005.82…

A: Present value (P) = $ 510 Future value (F) = $ 2005.82 Period (t) = 11 Years

Q: Using 12 percent simple interest per year, how much interest will be owed on aloan of $500 at the…

A: Interest Rate(R) = 12 Loan Amount(P)=$500 Years(T) = 2

Q: How much must be deposited at the end of each month for 9.5 years to accumulate to $3866.00 at 10%…

A: Accumulated value = $3866 Monthly interest rate (r) = 0.00833333333333333 (i.e. 0.10 / 12) Monthly…

Q: What is the discounted value of ​$899.00 paid at the end of every month for 3 years if interest is…

A: RATE (12%/2) 6% YEARS(7*2) 14 PERIOD PAYMENT  (899*6) 5394 FUTURE VALUE $0

Q: How much will deposits of $40 made at the end of each month amount to after 9 years if interest is…

A: Annuity refers to the regulare stream of cash flows which has occured over a period of time. When…

Q: Mr. Nowak has contributed $113.00 at the end of each month into an RRSP paying 5% per annum…

A: Given That: Quarterly Deposit=$113 Interest rate=5% per annum=1.25% per quarter(i) Term (n)=20…

Q: An investment of $4431.57 earns interest at 6.2% per annum compounded annually for 2 years. At that…

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

Q: What is the present value of $39,000 to be received at the end of each of 20 periods, discounted at…

A: PVIF(3%,20) = 14.8775

Q: At what nominal rate of interest, convertible monthly, is $16,000 the present value of $290.10 paid…

A: Given: Future value = $16,000 Present value = $290.10 Years = 6 years Periods = 6*12 = 72

Q: Find the present value of $500 due in the future under each of these conditions: 12% nominal rate,…

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

Q: Find the present value and the compound discount of $6 600.00 due in seven years, three months, if…

A: It is given that,Future value is $6,600.Interest rate is 7.2% compounded quarterly. So, interest…

Q: What is the discounted value oft $780.00 paid at the end of every Six tmonths for 10 years if…

A: given, A=$780 n=10 year r=12% compounding (m)= 12  number of payment per period (q) = 2

Q: What is the present value of a $1,500 payment made in nine years when the discount rate is 8…

A: Present value is the Future Value discounted at an appropriate discount rate.   Given as under:…

Q: What is the discounted value of $780.00 paid at the end of every six months for 10 years it interest…

A: Introduction Discounted Value or Present Value: Given a certain rate of return, present value (PV)…

Q: What is the discounted value of $3500.00 paid at the end of every six months for 5 years if interest…

A: Here, Equal amount at equal interval = $3,500 Payment at the end of every six months No. of years =…

Q: Two debts, the first of $2000 due three months ago and the second of $1600 borrowed one year ago for…

A: Hi, since you have posted multiple questions, we will answer the first one a sper authoring…

Q: A demand loan for $5409 08 with interest at 4.2% compounded annualy is repaid after 6 years, 8…

A: Compound interest also called interest on interest. It is the addition of interest in the principal…

Q: What is the future value of a lump sum of $1,335, in 17 years, assuming an interest rate of 8.8…

A: Given details are : Present value = $1335 Time period = 17 years  Annual percentage rate = 8.8%…

Q: What is the present value of $39,000 to be received at the end of each of 20 periods, discounted at…

A: A financial calculation called present value, also known as discounted value, determines the value…

Q: An insurance policy provides a benefit of $21,500 twenty two years from now. Alternatively, the…

A: Amount to received after 22 years 21,500 Payment per year is $590

Q: Find the total amount of interest to the nearest cent if the interest s comounded annually. $2750 at…

A: Principal amount (P) = $ 2750 Interest rate (r) = 8% Period (n) = 2 Years

Q: Determine the present value of a debt of $7000 due in nine months if interest at 2,% is allowed. The…

A: Maturity value (S) = $7000 Interest rate (r) = 2 2/3% = 2.666666666666667% Period (t) = 9 months =…

Q: At end of three years, how much is an initial deposit of $100 worth, assuming a compound annual rate…

A: FV is the worth of amount that will be paid or received in future. The formula for the computation…

Q: What is the present value of $5,800 to be received at the beginning of each of 30 periods,…

A: Given: Particulars Amount Amount $5,800 Years 30 Interest rate 11%

Q: Find the present value and the compound discount of $4000 due in seven years and six months if…

A: Present Value Present value refers to the discounted value of cash flows which is occurring at a…

Q: FV of $100 paid each 3 months for 5 years at a nominal rate of 15% compounded quarterly. Do not…

A: Nominal rate (15%/4) 3.75% Period (NPER) (4*5) 20 Present Value 0 PMT 100

Q: What is the present value of $1,552.90 due in 10 years at (1) a 12 percent discount rate and (2) a 6…

A: Compute present value of $1,552.90 due in 10 years at 12% discount rate as shown below:

Q: 1000 dollars is deposited into an account at the beginning of the year and the value at the end of…

A: GIVEN, PRESENT VALUE=$1000 future value=$1276.30 n=5

Q: Deposits of $99.00 are made at the end of every quarter for 9.25 years. What will the deposits…

A: Future Value = P [(1+i)n-1][1-(1+i)-1/3] where P= Quarterly Deposits i = Interest Rates n= number of…

Q: hat is the future worth of P8500 deposited at the end of every month for 3 years if the interest is…

A: The future value of money includes the amount deposited and the interest accumulated over the period…

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: If $33,500 is invested at 6.8% for 30 years, find the future value if the interest is compounded the…

A: Investment = $ 33500 Interest rate = 6.8% Period = 30 Years

Q: Dind the future value of $12,308 deposited at 10% compunded quarterly for 3 years. Round your answer…

A: Given that, Present Value (PV)=$12,308 Duration(n)=3*4=12 periods Rate of interest(i)=10%/4=2.5% or…

Q: Two debts, the first of $1900 due three months ago and the second of $1600 borrowed two years ago…

A: Let us calculate the FV, one year from now of the first debt worth $1900 due 3 months ago.FV = PV x…

Q: Mr. Maillet has contributed $216.00 at the end of each month into an RRSP paying 3% per annum…

A: Time value tells that money received today has more value than that of receiving exact value later…

Q: Calculate the present value. (Round your answer to two decimal places.) A = $35,000, r = 14%…

A: Formula: Present value = Amount / (1+rate)^years

Q: How much will deposits of $35 made at the end of each month amount to after 12 years if interest is…

A: Future Value of Ordinary Annuity refers to the concept which determines the sum total of all the…

Q: What is the present value of a $1,000 payment made in five years when the discount rate is 10…

A: PV = FV / (1 + r / n)nt Where, PV = Present value FV = Future value r = Rate of interest…

Q: What payments must be made at the end of each quarter to an RRSP earning 7.5% compounded annually so…

A: Interest rate  = 7.5% Quarterly interest rate (r) = [1+0.075]1/4-1…

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

A: Present Value of annuity refers to the present value of all the future payments of and series of…

Q: What is the future worth of P8500 deposited at the end of every month for 3 years if the interest is…

A: Future value of a present value is the value of that amount after taking into account the time value…

Q: What is the discounted value of payments of $120.00 made at the end of each month for 7.5 years if…

A: Given, Monthly payments $120 Term is 7.5 years Rate 8% compounded monthly

Q: Determine the discount rate assuming the PV of $1080 at the end of 1-year is $980? 2. $9,800 is…

A: Present value=$980Future value=$1080Period=1

Q: What is the future worth of the following seriesof payments?(a) $75,000 at the end of each six-month…

A: Present value is the sum of money that must be invested in order to achieve a specific future goal.…

Q: What payment is required at the end of each year for 8 years to repay a loan of $2,580.00 at 5%…

A: Solution:- When a loan is taken, it can either be repaid by paying a lump sum amount at maturity or…

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.