What sum must be invested now to provide an amount of OMR 18,000 at the end of 15 years if interest is to accumulate at 8% for the first 10 years and 12% thereafter?

Q: What amount must be set aside now to generate payments of $60,000 at the beginning of each year for…

A: The series of payments discussed here is a form of an annuity due wherein an equal payment is made…

Q: What amount should you invest today if you wish to receive Php 967000, 19 years from now if your…

A:

Q: Accumulate ₱180,000 for 5 years at 13% compounded semi-annually. What is its maturity value?

A: The maturity value can be calculated with the help of future value function.

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: A series of year end payment extending over ten years are as follows 5000 for the first year 10000…

A: N = 10 Payments: Year Payment 1 5000.00 2 10000.00 3 20000.00 4 20000.00 Interest rate…

Q: What will be the balance at the end of the tenth year on a monthly payment $130,000 loan with a…

A: Given: Loan : $130000 Amortization Year = 30 Years Annual rate = 5.75% Number of years payment made…

Q: A sum of GH¢100 is to be paid at the end of each year for 20 years. The effective compound interest…

A: Hi There, Thanks for posting the questions. As per our Q&A guidelines, must be answered only one…

Q: What amount must be set aside now to generate payments of $40,000 at the beginning of each year for…

A: The formula to calculate present worth is given below: Here, i is interest rate. n is number of…

Q: A sum of P1,000 is invested now and left for eight years at which time the principal is withdrawn.…

A: We will use the concept of time value of money here. The concept says that money earns interest and…

Q: What amount will be paid at the beginning of every month for 10 years if the present value is 200,…

A: Payment at the beginning of every month = PV x r / [{1 - (1 + r)^(-n)} x (1 + r)] Here, PV = Present…

Q: A sum of money invested now at 10 percent compounded semi-annually is to provide payments of $1500…

A: Let the money to be invested now = X Semiannual payment (A) = $1500 Number of payments (n) = 16 r =…

Q: At what interest rate must $112,000 be invested so that it will be worth $392,000 in 14 years?

A: We use rate function to calculate interest rate

Q: If $500,000 is to grow to $700,000 over a 5-year period, at what annual rate of interest must it be…

A: The present value is the value of the sum received at time 0. It is the current value of the sum…

Q: What is the future value of $800 deposited each year for six years, compounded annually at 10…

A: RATE  10% NPER (n)  6 PMT 800

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: If $19,000 is invested at 5% compounded quarterly, what is the amount after 9 years? The amount…

A: Given: Present value = $19,000 Interest rate = 5% Years = 9

Q: What present amount of money must be deposited at 11% interest compounded annually to grow to…

A: Formula to calculate compound interest is: A = P(1+r/n)^nt Where A is the future value, P is the…

Q: A debt of P10,000 with yearly interest of 24% is to be amortized over the next 6 years with the…

A: Debt paid in equal annual payment from year 1 to year 6. Amortization table used to display the…

Q: What is the future value of 1,000 over five years if 8% interest is paid annually ?

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

Q: At what interest rate must $112,000 be inves that it will be worth $392,000 in 14 years?

A: Future value consist of interest and future value of the investment. Money grow with time and…

Q: (1) calculate the future value if $6,000 is deposited initially at 11% annual interest for 5 years.

A: In this question we need to compute the future value from following details : Initial deposit =…

Q: A sum of P1,000 is invested now and left for eight years, at which time the principal is withdrawn.…

A: Invested amount or principal amount is P1,000 Effective Annual interest rate is 5% Principal is…

Q: the loan is allotted is 20 years. What sum of annuities still remains to be paid just after payment…

A: PV of A amount paid for first 8 years = A(1-(1+r)^-8)/r PV of 3A amount paid for the next 5 years =…

Q: How 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 amount BALANCE in…

Q: 2. If you invest P25,000 at 8% interest compounded annually, approximately how much money will be in…

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

Q: What is the future value of $5,000 deposited for four years compounded atan annual rate of 10…

A: Annual Compounding       Interest rate  10.00%   Period (NPER)  4   Present Value 5000…

Q: For 10 years with total payments of $ 10000 per year, calculate the total amount accumulated after…

A: Total payment per year = $10,000 = P Time period = 10 years = n  Annual interest rate = 20% = R…

Q: What amount should you invest today if you wish to receive Php 1647750, 24 years from now if your…

A: Interest on interest, or compound interest, is the adding of interest to the principal sum of a loan…

Q: What is the future value in 10 years of 1500 payments received at the end of each year for tge next…

A: In the given question, 1,500 will be received (invested) at the end of each year for next 10 years.…

Q: If $ 30000 is invested at 8% interest per year, compounded continuously, how much will be in the…

A:

Q: What present value P amounts to $300,000 if it is invested at 5%, compounded semiannually, for 19…

A: PV  is Present value FV is Future value i.e. $300,000 r is Interest rate i.e. n is number of…

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

A: Present value is referred to as the current value of future funds or stream of cash flows at a…

Q: You plan to accumulate R450,000 over a period of 12 years by making equal annual deposits in an…

A: Annuity due is a type of annuity under which payment is deposit at starting of the each period and…

Q: If money is worth 8% annually, what annual payment is required to raise P 17,059 after 1 years if…

A: The question is based on calculation of present value of future expected cash flow . The calculation…

Q: What sum must be deposited today at 18 percent per year compounded monthly if the goal 5 years from…

A: Time value of money is one widely used by the management to evaluate the project and to determine…

Q: $14,000 is invested for 8 years at an annual simple interest rate of 16%. (a) How much interest will…

A: Note: It is considered that the given interest rate is simple interest rate as given in the…

Q: You wish to make an investment of $10,000 at 5% interest. How much will your Investment be worth in…

A: Present Value= $10,000 Interest rate= 5% Time period= 20 years

Q: A sum of P1,000 is invested now and left for eight years, at which time the principal is withdrawn.…

A: Invested amount (P) = P 1,000 Period for first withdrawal (N1) = 8 Years After 8 years withdrawal…

Q: What is the future value of $3,000 invested today at 10% interest in 15 years with interest…

A: In the given question we need to compute the future value of $3000 invested today at 10% interest…

Q: If $80,000 is invested in an annuity that earns 5.3%, compounded quarterly, what payments will it…

A: The total number of years is 8.5. The total number of quarters will be (8.5 × 4) = 34. Interest rate…

Q: What will be the amount of the sum Rs 1200 for one and half year at 40 percent of interest…

A: Future Value refers to the value of the current asset or investment or of cash flows at a specified…

Q: The maintenance on a machine is expected to be P3,500, P7,000, P10,500, and P14,000 for the second,…

A: We will have to use the concept of time value of money which states that worth of money changes with…

Q: A sum of $20,000 is borrowed at an interest rate of 8 percent on the unpaid balance compounded…

A: Biennial payment refers to making loan payment once in every two years. As interest is provided on…

Q: What is the equal payment series for 8 years that is equivalent to a payment series of $15,000 at…

A: Given information:  Payment series: $15,000 Increasing amount: $1,500 Period: 10 years Interest…