What is the present value of $6.00 (six dollars) deposited at the end of each week for 6 years earning 7.5% interest?

Q: What is the value of an annuity at the end of 10years if $1,000 is deposited every six months into…

A: Introduction: Future value of an ordinary annuity can be defined as a metric which helps to know how…

Q: What is the future worth of a series of equal yearly deposits of $6,000 for 6 years in a savings…

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

Q: suppose that $47,700 is invested in certificate of deposit for 3 years at 6.2% annual interest to be…

A: The deposit facility provided by commercial banks in which the deposited amount is repaid only at…

Q: Equal – quarterly deposits of P 2,000 for 2 years which starts immediately is made at a savings…

A:

Q: What is the future value of $3.00 (three dollars) deposited at the end of each week for 3 years…

A: Given, Periodic deposit = $3 Time period = 3 years Deposit frequency = Weekly Interest rate = 9% We…

Q: Deposits of $500 are made at the end of every month for five years into an account earrfing 4.5%…

A: In this we have to calculate future value FACTOR and from that determine the future value of money.

Q: Suntech Distributors, Inc., deposits $4,000 at the beginning of each 3-month period for 7 years in…

A: Formula: A = P [ 1 + ( r / N )NT ] Interest : Interest is a fee charged on the borrowed amount.

Q: A man owes ₱100,000 with interest at 6% payable semi-annually. What equal payments at the beginning…

A: Periodic payments are equal to the amount paid by the borrower at an equal interval that consists of…

Q: You deposit $600 in an account earning 7% interest compounded annually. How much will you have in…

A: Future value of a value is the amount which the grow from the principal amount to future amount with…

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

A: We need to compute the present value in this question using following details : Deposit at end of…

Q: What is the present worth of P500 deposited at the end of three months for 6 years interest rate is…

A: The Present value of a future deposit is the present worth of that amount. The future amount can be…

Q: What is the accumulated value of deposits of $1020.00 made at the end of every six months for three…

A: Accumulated deposits include the amount deposited and compounding interest accumulated over the…

Q: Suppose a certain manufacturer deposits $3,000 at the beginning of each 3 month period for 6 years…

A: a) The question gives the following information:

Q: If a deposit of $100 is made on the first day of each month into an account that pays 6% interest…

A: The compounding method is used to determine the future value of cash that is deposited today. Given;…

Q: final amount of money in the account if $1200 is deposited at

A: Compounding quarterly can be considered as the interest amount which is earned quarterly on an…

Q: If $650 is invested at 6% compounded (A) Annually, (B) Quarterly, (C) Monthly, what is the amount…

A:

Q: Find the amount invested in a saving account so that the balance at 7% interest compounded annually…

A: The amount invested today can be computed with the help of present value function.

Q: What is the final amount of $2696 payable every three months for 5 years and 9 months, if money is…

A: Here, Quarterly Payment is P2696 Time Period is 5 years and 9 months Time Period in Quarters  (n)…

Q: How much must be deposited at the beginning of every six months in an account that pays 5%…

A: Introduction Annuity Due represents a stream of equal payments made at the beginning of each period.…

Q: The owner of Sebastopol Tree Farm deposits $450 at the end of each quarter into an account paying…

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

Q: 4. Determine the present value on July 7 of Php 6 800 paid at the end of each subsequent calendar…

A: Quarterly payment (Q) = Php 6800 n = 7 years = 28 quarters r = 6% per annum = 1.5% per quarter

Q: Determine the present value on July 7 of Php 6 800 paid at the end of each subsequent calendar…

A: Compound interest accrues at a rate determined by the regularity of compounding, with the greater…

Q: (a) Bill made deposits of $200 at the beginning of each month into a savings account for 12 years…

A: In compound interest, the interest earned is reinvested because of which we earn even more interest…

Q: what is the balance in an account at the end of 10 years if 5,000 is deposited today at the account…

A: The  following formula is to be used in order to find out the balance in  account A =P[1+r/n]nt…

Q: You invest $4,000 in an account that pays a fixed annual rate of 6% interest compounded yearly. How…

A: In the present question we require to calculate the future value after 7 years from the following…

Q: What is the balance in an account at the end of 10 years if $2,500 is deposited today and the…

A: Given: Present value (PV) = $2500 Interest rate (r) = 4% = 0.04 Time period (n) = 10 years

Q: What is the accumulated amount of a 8-year annuity paying ₱ 4,300at the end of each year, with…

A: Using excel FV function

Q: How much must be deposited at the beginning of each quarter in an account that pays 5% compounded…

A: In this question payment per quarter has to be find out. Future value , rate of return and number of…

Q: What is the balance in an account at the end of 10 years if $2,500 is deposited today and the…

A: In the given question we are required to calculate the future value from the following details:…

Q: Find the final amount of money in an account if $7,400 is deposited at 7.5% interest compounded…

A: The interest rate compounds semi-annually. Hence, the interest rate that should be considered is…

Q: Find the final amount of money in an account if $8,200$8,200 is deposited at 7%7% interest…

A: Compound interest: It is the interest on interest calculated on the principal amount of a loan or a…

Q: What is the value of the account at the end of 9 years?

A: Depositing equal amounts at the end of the period for a fixed time period is in the form of an…

Q: A nominal interest of 3% compounded continuously is given on the account. What is the accumulated…

A: In Continuous compounding, compounding is done an infinite number of times.

Q: What is the value today of $500 received at the beginning of each period of six months for 12 years…

A: The following formula will be used to calculate today value as follow:

Q: You deposit $6000 in an account earnings 7% interest compounded monthly. How much you will you have…

A: future value formula: future value = present value×1+RMM×N where, R=rate M=frequency

Q: 2. Determine the present value on july 7 Php 6 800 paid at the end of each subsequent calendar…

A: Note : dear student as per the Q&A guideline we are required to solve the first question only .…

Q: For 8 years, $52 is deposited each week into an account that earns 2.1% interest, compounded weekly…

A: This question has two parts, First - $300 compounding every week for 8 years which is  simple…

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: The owner of Oak Hill Squirrel Farm deposits $2,000 at the end of each quarter into an account…

A: Quarterly deposit (P) = $2,000 Interest rate = 1.5% Quarterly interest rate (i) = Interest rate/4 =…

Q: Find the final amount of money in an account if $4,900 is deposited at 4.5% interest compounded…

A: Compounding is a technique through which FV of present amount is computed by using appropriate rate…

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: 2. If $100 is deposited in a bank at the beginning of each month for 10 years, what is the…

A: Computation:

Q: How much money would be in an account if $6,200 is deposited at 2% interest compounded semi-annually…

A: Time value tells the amount received by an individual today is of more worth than the same amount…

Q: What is the accumulated amount of a 9-year annuity paying P 1,075at the end of each year, with…

A: Using Excel FV function

Q: What is the accumulated amount of a 9-year annuity paying ₱ 1,075at the end of each year, with…

A: Future value is defined as the current asset value at the date of future on the basis of an assumed…

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.

Q: What sum of money must be deposited at the end of every three months into an account paying 3.7%…

A: The question has asked to calculate the end-of-quarter payment which signifies this is an ordinary…