What is the future value of a lump sum of $1,335, in 17 years, assuming an interest rate of 8.8 percent APR compounded semiannually?

Q: In how many years is required for ₱2,000.00 to increase by ₱3,000.00 if interest at 12% compounded…

A: Given information: Present Value ₱2,000.00 Future value ₱5,000.00 Interest rate 6.00%

Q: hat is the future value of 15 periodic payments of $26,000 each made at the end of each period and…

A: Future values of payments includes the principal payment and payment of interest and present value…

Q: Determine the future value of $10,000 under each of the following sets of assumptions:…

A: Future value: It is the value of money or asset for a specific period at a future date based on the…

Q: If the single payment present worth factor for 10 years is 0.30656. Determine the interest rate…

A: The present factor is the present value of $1 that has to be received/paid in the future.

Q: What is the present value of $6,700 received 14 years from now using a 11% interest or discount…

A: Calculation of Present Value:The Present Value is $1,466.53.Excel Spreadsheet:

Q: What is the value today of receiving $8,000 at the end of each six-month period for the next four…

A: Periodic Payment (End of every 6 months) = $8,000 Interest Rate p.a. = 8% p.a. Six Month Interest…

Q: What is the future value of $3,100 in 17 years assuming an interest rate of 8.4 percent compounded…

A: Given,Present Value (PV) = $3,100Rate of Interest (r) = 8.4% or 0.084Time Period (t) = 17 yearsType…

Q: The future value of an anjuity at the end of ten years is 80000, the payments are made at the end of…

A: The future value of the annuity is the total value of all the payments which is occurred regularly…

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: P1,500 is invested every 4 months at 3.8% per annum compounded quarterly. How much will the annuity…

A: The Compound Interest of an investment is used for a longer period of time. In the compound…

Q: What is the future value of $2,500 deposited for one year earning a 14 percent interest rate…

A: In the given question we require to compute the future value of investment from following details:…

Q: What is the future value of $9,000 deposited at the end of each year for 4 years earning 7% interest…

A: Given details are : Each year deposit = $9000 Time period = 4 years Interest rate = 7% Compounding…

Q: The present value of an annuity is 16,950. Quarterly payments of 369 are made from16,950 that is…

A: Present value (PV) = 16950 Quarterly payment (P) = 369 Annual interest rate = 4% Quarterly interest…

Q: What is the present value of an ordinary annuity of $1,600 per year for 6 years discounted back to…

A: In the given question we require to compute the present value of ordinary annuity. Annuity payment =…

Q: What is the equivalent present value of the following series of payments: $10,000 the first year,…

A: Calculate the equivalent present value as follows:

Q: Find the future value of −−P60, 000 invested for 10 years at 3% interest compounded monthly

A: Answer-   Future Value Formula- FV = PV ( 1 + r/n) nt   Given,   PV = P 60000 r= 3% n = 12 nt =…

Q: What is the present value of $5,500 received 9 years from now using a 12% interest or discount rate,…

A: Given details : Future value = $5500 Time period (n) = 9 years Interest rate (r) = 12% = 0.12…

Q: What is the annual interest rate (APR) required for $22,500 to accumulate to $50,000 in 14 years…

A: Future value =Present value (1+r)n 14 years =28 semiannual period

Q: What is the present value of $10,000 to be received two years from today assuming an annual interest…

A: Present value: This is the amount of future value reduced or discounted at a rate of interest till…

Q: What is the present worth of a year annuity paying P 3,000.00 at the end of each year, with…

A: Annuity is referred as the instalment paid at the regular interval for a particular period. Present…

Q: The present sum needed to provide for an annual withdrawal of $2,000 for 20 years beginning 5 years…

A: Annual withdrawal = $2000 Number of annual withdrawal = 20 Years First withdrawal = beginning of 5th…

Q: What will be the compound interest accrued on a sum of $3500 at the rate 8% in 2 years?

A: Given: Rate of interest (r)= 8% Time period = 2 years

Q: What is the present value of an ordinary annuity of 2,200 per year for 15 years discounted back to…

A: The present value function or concept can be used to determine the present value of a future sum or…

Q: Find the lump sum deposited today that will yield the same total amount as payments of $15,000 at…

A: Answer -   Formula for Lump Sum deposited Today -  P = R ( 1 - (1+i)-n/ i)

Q: What is the future value of an annuity of 15 deposits of $6407 at the end of each year with a…

A: Step1: Calculating the future value of annuity. We have,Future value of annuity = P [(1+r)n – 1] /…

Q: What is the present value of $1,500 due in 14 years at a 5 percent interest rate

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

Q: What is the future value of $7,200 deposited at the beginning of each year for 7 years earning 8%…

A: Calculation of Future Value:The future value is $69,383.72.Excel Spreadsheet:

Q: Determine the present value of a 3 year CSB with an interest rate of 3.9%, compounding…

A: present value=future value1+rmm×n r=rate of interest m=frequency of compounding n=number of years

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

Q: What is the present value of the following annuities? 70 a year for 3 -years discounted back to the…

A: Annuity referes to the payments made at regular interval. It could be ordinary annuity when payments…

Q: What is the future worth of a series of equalyear-end deposits of $5,000 for 12 years in a…

A: Annual Deposits = 5000 Time Period = 12 years Interest % = 8% End Of Year Deposits Time to…

Q: Assume annual compound interest unless stated otherwise. What must be the interest rate in order for…

A: In this question we need to compute the interest rate that will convert $1000 into $2000 in 20 years

Q: What is the present value of an annual payment of $9,500 discounted back 8 years at an annual rate…

A: given, A=$9500 r=3% n=8

Q: What is the future value of general annuity of P48,000 per annum, for 5 years, at 15% interest…

A: Annual payment (P) = P48,000 Number  of annual payments (n) = 5 Years Interest rate (r) = 15% Number…

Q: The present value of $500 to be received 7 years from now at an interest rate of 8percent is ? .…

A: a) Present value of $500 which will be received 7 years from now at 8% can be calculated using a…

Q: What is the present worth of a series of equal quarterly payments of $5000 that extends over a…

A: A concept that implies the future worth of the money is lower than its current value due to several…

Q: What is the future value of $950 paid on the last day of each 6 months for 12 years assuming an…

A: The future value represents the amount which going to be received in the future. The formula used to…

Q: what is the present value of $800 to be received at the end of eight years assuming an interest rate…

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

Q: Find the compound interest if $2000 is invested for 12 years at 8% compounded quarterly.

A: Future value = Present value(1 + Rate)^Time where, Present value = $2000 Rate = 8% / 4 = 2% Time =…

Q: The future value of a $100 investment today at 8 percent annual interest compounded semiannually for…

A: Future Value It is the value of an investment after holding the same for specific amount of years…

Q: What is the future value of $1,500 invested today at 7% interest in 6 years with interest compounded…

A: In given question we need to compute the future value of $1500 invested today for 6 years at 7%…

Q: what is the present value of a stream of payments that begin in year one at $5000 and increase by…

A: Information Provided: Interest rate = 8% Year 1 payment = $5000 Increment in payment = $500

Q: What is the future value of $1,100 invested today at 5% interest in 3 years with interest compounded…

A: In given question we need to compute the future value of $1100 invested today at 5% for 3 years.