What is the future value of $100 invested in an account for eight years that earns 10% annual interest, compounded semiannually (rounded to the nearest whole dollar)? a. $214.b. $216.c. $218.d. $220.

Q: Compute the future value of the following deposits made today: a. $10,000 at 6.75% compounding…

A: The future value of a certain deposit is the value of the deposit accumulated with interest. It is…

Q: What is the present value of $6.00 (six dollars) deposited at the end of each week for 6 years…

A: Given details are : Deposit at end of each week = $6 Time period = 6 years Interest rate = 7.5% We…

Q: Find the accumulated amount A if the principal P is invested at the interest rate of r/year for t…

A: Future value = Present value ( 1 + Rate of interest )Number of period

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A: A theory that helps to compute the present or future value of the cash flows is term as the TVM…

Q: w much will be in an account at the end of five years the amount deposited today is $10,000 and…

A: The given problem can be solved using FV function in excel. FV function computes  future value for…

Q: "If a single deposit of $500,000 is made today, earning 8% interest, compounded QUARTERLY, how much…

A: In the given question, $ 500,000 are invested at 8% compounded quarterly for 10 years. Since…

Q: What is the present value of $17,000 deposited at the end of each year for 23 years earning 9.5%…

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Q: How much money should be invested in an account that earns 9 percent interest, compounded monthly,…

A: Excel Spreadsheet:

Q: You deposit $175,000 in a savings account. The APR (Annual Percentage Rate) is 6%. Calculate the…

A: Effective Annual Rate(EAR) shows net rate which an investment will yield after considering…

Q: How much money would be accumulated in15years for a deposit of $15,000 made at the end-ofyear zero…

A: The formula used as follows:

Q: How much must be invested now at 6% interest, compounded monthly, to accumulate $1,000 at the end of…

A: Present value = Future value/(1 + r)n         OR Present value = Future value x (Present value…

Q: If 2400 dollars is invested in an account for 10 years. Find the value of the investment at the end…

A: Amount invested is $2400 Time period is 10 years To Find:  4.2% compounded semiannually 4.2%…

Q: Find the accumulated value of P538,000 at the end of 10 ¾ years at 14% interest compounded monthly?

A: The accumulated value is equal to the principal amount plus the interest. In other words,…

Q: If for the next 30 years you place OMR 3,610 in equal annual year-end-deposits into an account…

A: Future value of annual year end deposits is calculated by future value of ordinary annuity formula.…

Q: How much is P 100,000.00 worth in three years if deposited in a continuously compounded account with…

A: Investment                                         100,000 Period in years 3 Interest rate 3%…

Q: 1. If $10,000 is deposited into an account earning 10% interest annually, how much will be…

A: Hi student Since there are multiple questions, we will answer only first question.  Interest is the…

Q: $200 is invested into an account that earns 3% annual interest, compounded monthly. After how many…

A: Give Present value $200 Since we want interest of $200 The future value = $200 + $200 = $400…

Q: An investment of $1831.00 earned interest semi-annually. If the balance after 5.5 years was…

A: Using excel RATE function

Q: Suppose you invested P4,232 bimonthly over a period of 15 years. Find the accumulated amount if…

A:

Q: At a certain interest rate compounded semiannually, ₱5,000 will amount to ₱20,000 after 10 years.…

A: Dear student, we need to use excel RATE function to calculate rate of interest and FV function to…

Q: Q) $15,000 is invested in an account at time 0. At the end of 4 years, an additional $15,000 nvested…

A: Future Value: Using an expected rate of growth, future value (FV) is defined as the worth of a…

Q: Solve for the compound amount and compound interest earned if $ 825 is invested for 10 years at 4%…

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

Q: What is the value in 10 years of $10,000 deposited in an account earning 8% compounded monthly?

A: A study that proves that the future worth of the money is lower than its current value due to…

Q: What is the accumulate value of a payment of P12,500.00 at the end of each year for 9 years with…

A: Future value can be calculated using following formula.   FV (rate, nper, pmt, [Pv], [type]) Rate…

Q: If $20,000.00 is invested in an account for 15 years. Find the value of the investment at the end of…

A: Amount Invested = $20,000.00 Years = 15 years For Simple Interest Rate = 8% per annum For Compound…

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: Use Table 11-1 to calculate the compound amount (in $) on an investment of $5,500 at 8% interest,…

A: Formula: A = P x [ 1 + ( R / N ) ]NT T = Time period N = Compounding frequency R = Rate of interest…

Q: Suppose that a $200 lump sum amount is invested for 10 years at a nominal interest rate of 5%…

A: Future value can be calculated using FV = PV* (1 + r / n)nt Where, PV = Present value FV = Future…

Q: 16. You deposited $5000 into an account at an annual interest of 8% compounded semiannually. What is…

A: using excel fV function

Q: If $1000 is deposited in a savings account at the beginning of each of 10 years and the account…

A: Working note:

Q: Find the compound interest accumulated on BD 14500 at the end 9 years if it is invested at 4%…

A: Compound interest is the interest earned on the principal as well as on the interest earned…

Q: What is the amount of 10 equal annual deposits that can provide five annualwithdrawals, where a…

A: The future value of annuity is given by:=C×1+in-1iWhere, C=Cash flow per periodi=Intertest…

Q: Suppose $1,200 is deposited into an account which has an annual percentage rate of 9.81% per year.…

A: The question is based on the concept of Financial Accounting

Q: If $1000 is invested annually at 6% continuous compounding for each of 10 years, how much is in the…

A: Future Value of continuously compounding annuity = A * (e^rt -1) / (e^r -1) Where r = rate of…

Q: Do in excel What uniform annual amount should be deposited each year in order to accumulate…

A: solution future value $2,143.60 Number of period 8 present value  0 annual interest rate…

Q: You invested $1,000 at the end of every 6-month period for 10 years at 9% interest compounded…

A: Annuity amount = $1,000 Annuity type = Ordinary annuity (starting at the end of the period)…

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: Assume that you invest $1000 for 15 years in an account that pays an interest rate of 7% per year…

A: Account value at the end of 15 years (if interest is calculated only on principal amount) is…

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 amount of interest earned on $2,000 for five years at 10% simple interest per year?

A: Simple Interest: It is one of the easiest method to compute the interest on a loan. Simple interest…

Q: $100 is deposited each quarter for 5 years. What is the future value of the account if interest rate…

A: FORMULA FVA = P*[(1+R)N-1]/R Where FVA - Future value of annuity P - Quarterly deposit amount i.e.…

Q: If P250,000 is invested at 6% compounded semiannually, how much interest is earned in 10 years?…

A: Simple interest is computed on the principle component of a loan or the first deposit into a savings…

Q: 1. a. In a savings account 3% annual interest rate compounded monthy, P 1,000 is deposited at the…

A: Note: It is a case where the number of questions asked is more than one and no specified question is…

Q: than a ye

A: Given information : Initial investment 3000 Time period (years)            5.42 Interest rate…

Q: Solve for the compound amount and compound interest at the end of 1 year if S7,000 is invested at 4%…

A: An interest rate method in which current interest is computed by multiplying the interest rate by…

Q: At the end of two years, what will be the balance in a savings account paying 6% annually if $10,000…

A: In this question we need to compute the future value after 2 years.