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

Q: The sum of P15, 000.00, deposited in an account earning 4% per annum compounded quarterly, will…

A: Deposit amount (D) = P 15000 r = 4% per annum = 1% per quarter

Q: Question 2: Suppose that 600 amounted (P) to 700 (S) in a saving account after, a) Calculate the…

A: Present value (PV) is the amount that is invested today in order to earn desired amount at some…

Q: Find the present worth of perpetuity of Php10,000 payable quarterly if money is worth 10% compounded…

A: Quarterly payment = Php 10,000 Interest rate = 10% Quarterly interest rate = [{1+(0.10/12)}12]1/4-1…

Q: Assume you deposit $1,000 today in an account that pays 8 percent interest (compounded annually).…

A: Given: Present value = $1,000 Years = 4 Interest rate = 8%

Q: What is the future value of $250 received today if it is invested at 6.5% compounded annually for…

A: In this question we require to calculate the future value from below details : Present value = $250…

Q: 8) Determine the present value of $3000 withdrawn from an account each year for six years at a rate…

A: Annual withdrawn (P) = $ 3000 Annual interest (r) = 7.2% Number of annual (n) = 6

Q: How much should be invested in an account paying 9% compounded semi-annually for it to accumulate to…

A: Thank you for posting questions. Since you have posted multiple questions, as per the guideline I am…

Q: What amount must be invested now in savings account earnings 9% compounded quarterly to accumulate a…

A: The company would be considering the present value or future value in the case when the investment…

Q: A person deposited Rs.5000 at the end of six months in each of the next five years. Bank offered…

A: The future value of ordinary annuity is the group of instalment payment of fixed amount at a certain…

Q: If money is worth 12% compounded quarterly and n = 5, compute the present value of the following:…

A: The present value method is a discounted method of the time value of money. It determines the value…

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

A: Excel Spreadsheet:

Q: Calculate the future worth of 20 annual $4,000 deposits in a savings account that earns 8%…

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

Q: The rate of earnings is 10% and the cash to be received in three years is $10,000. Determine the…

A: Income statement: The income statement is one of the three primary financial statements used to…

Q: r deposits £1,000 into an account that pays annual compounded interest of 9% . The value of the…

A: The given problem can be solved using FV function in excel. FV function computes amount balance in…

Q: fter 22 years of 7.2% interest compounded monthly, an account has ₱502,355. What was the original…

A: Original amount is the present value and can be found out by calculating the present value of…

Q: nd the accumulated amount after 2 years if RM1000 is invested at 8% per year compounded (a)…

A: a) Compounded Annually A = $1,166.40 A = P + I where P (principal) = $1,000.00 I (interest) =…

Q: A man deposited P5,000 in a bank at a rate of 10% per annum for 9months and 25days. Find the…

A: Future value of deposits is the sum of all the deposits compounded using the provided discount rate.

Q: Determine the amount to be invested at 8%, compounded annually, in order to have $10,000 in 4 years?

A: Present value is the worth of the amount which is expected to received tomorrow or on some future…

Q: The rate of earnings is 10% and the cash to be received in three years is $10,000. Determine the…

A: Cost Accounting: It is the process of collecting, recording, analyzing the cost, summarizing cost,…

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

A: Given: Years = 10 Deposit = $10,000 Interest rate = 8%

Q: What principal earning 16% compounded quarterly will grow to dollar 8,500 after six years and three…

A: Information Provided: Future value = $8500 Interest rate = 16% compounded quarterly Term = 6.25…

Q: Q1) If a saving account awards interest of 6 percent per year compounded quarterly What amount must…

A: Saving account charges compound interest on its deposits. Compound interest is referred as the…

Q: A certain amount of money was invested at 8% simple interest and after 9 months an equal amount was…

A: The simple interest rate is the fixed rate of interest that a person earns on the investment and the…

Q: Find the present worth of perpetuity of P 20,000 payable quarterly if money is worth 10% compounded…

A: Quarterly payment (P) = P 20,000 Interest rate = 10% Quarterly interest rate (r) =…

Q: 10. Each year a single payment of P5000 is deposited in an account that earns 16% compounded…

A: Annual payment (P) = P5000 Interest rate (i) = 16% Number of payments (n) = 5 Mathematics constant…

Q: Assuming an interest rate of 10%, how much (rounded to nearest dollar) will need to be deposited in…

A: Annual deposit = Accumulated saving at the end of 8th year / Future value factor at 10%, 8 years

Q: What amount must be invested now in savings account earnings 9% compounded quarterly to accumulate a…

A: Present Value is the current value of the future sum of money at the specific rate of return.

Q: Find the balance of the account earning compound interest annually $7000 at 2% for 4 years. S7000 at…

A: Solution:- Future amount means the amount after the effect of compounding after specified years.…

Q: Calculate the future worth of 20 annual $4,000 deposits in a savings account that earns 8%…

A:

Q: What is the future value of a lump sum of $18,443 invested for 15 years at 3.2 percent compounded…

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

Q: If $2500 were invested for 5 years at 10% nominal interest compounded daily, what would be the…

A: Future value can be referred to as the value of an underlying asset or security at a future date.…

Q: How much should be invested in an account paying 10% compounded quarterly for it to accumulate to…

A: Present Value is the current value of the future sum of money at the specific rate of return.

Q: Table 1 shows deposit into saving account with rate of return 10% per year. Determine the future…

A: Future value is the accumulated amount at the end of time period. Future Value = Present…

Q: Given below are the future value factors for 1 at 11% for one to five periods. Interest is…

A: Option b is correct.

Q: $1000 is invested in an account for six months. The interest rate is 10 % per annum. Calculate the…

A: In case of simple interest rate method is used the  The interest is = principal  × interest rate ×…

Q: Compute the accumulated amounts after 5 years of P1,000 invested at the rate of 10% per year…

A: Hi There, thanks for posting the question. But as per Q&A guidelines, we must answer the first…

Q: $1024 invested into an account that pays 1.56% interest compounded daily, for 4 years.  a) What is…

A: Amount invested = $1024 Interest rate = 1.56% compounded daily. Time period = 4 years

Q: What lump sum should be deposited in an account that will earn 8% compounded every 4 months, to grow…

A: For solving this we need to calculate the present value of future using discount rate and period.

Q: f you deposit RM3,305 in an account earning 12%, how much would you have in the account after 15…

A: Using the future value function in excel

Q: A $1000 deposit in an account earns interest at an annual nominal rate of 8.00%. Interest is…

A: Using excel FV function

Q: what amount today is equivalent to $10,000 four years ago, if money earned 5.5% compounded monthly…

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

Q: How much money should be invested in an account that earns 7.5% interest, compounded quarterly, in…

A: Given that ,  Interest rate (r) = 7.5%  Amount (A)  = P 100,000 Time (t) = 8 years  compounded…

Q: 16 - What is the total interest / dividend amount to be repaid at the end of 10 years for a loan of…

A: Interest rate given is 15% PVAF at the end of year 10 = (1.15)10 = 4.0455 Value of loan after 10…

Q: Determine how much $1,000 deposited in a savings account paying 8% (compounded annually) will be…

A: Given: Present value = $1000 Interest rate = 8% compounded annually Time period = 5 years To…

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.