Whatis the future sum of 1,900, given that it will be held in the bank for 25 years and earn 17 percent compounded semiannually?

Q: What is the future value of $2,500 deposited at the end of each quarter year for 15 years earning 8%…

A: In the given question we need to compute the future value of $2500 deposited at the end of each…

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 value of a single $5,000 deposit earning 8 percent interest, compounded monthly,…

A: Formula:

Q: what is the future value of $13000 received today and deposited 7 years in an account that pay 12%…

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

Q: What is the size of the payments that must be deposited at the beginning of each 6-month period in…

A: The size of the payment can be computed by using the PMT formula of excel. The values require for…

Q: What is the accumulated amount of five-year annuity paying P6,000 at the end of each year, with…

A: The worth of a present asset in the future based on a projected growth rate is referred to as future…

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: 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 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: Deposit of ₱1,000 is made at the end of the first year and increases by ₱ 500 for the next following…

A: So in the question asked, We will first list down the important details provided 1) Deposit Amount =…

Q: What is the size of the payments that must be deposited at the beginning of each 6-month period in…

A: Future value (FV) = $150,000 Interest rate = 7.6% Semi annual rate (r) = 7.6%/2 = 3.80% Period = 18…

Q: Assume that you deposited RM5,000 at the end of each year for 3 consecutive years in an account that…

A: The future value of annuity can be calculated with the annuity equation.

Q: If $300,000 is deposited at a rate of 12% compounded bimonthly, determine the compounded interest…

A: Note: It has been assumed that bi-monthly means something which has occurred once in two months.…

Q: What is the size of the payments that must be deposited at the beginning of each 6-month period in…

A: The equivalent annual cost is the periodic payment made towards the acquisition of an asset or…

Q: The annual amount $1,100 is invested in Certificate Deposit (CD) and will be worth of $16,000 in…

A: Compound Interest  The calculation of compound interest is little bit complex than the simple…

Q: Calculate the future sum of $1,200, given that it will be held in the bank for 5 years and earn 14%…

A: Below details are given in the question : Present value = $1200 Time period = 5 years  Interest rate…

Q: What is the present value of a $120,000 cash flow to be received at the beginning of each of the…

A: Amount  of Cash flow = $120000 at the beginning of the year Years(n) = 20 Annual rate(r) = 9%…

Q: An accountant is entitled to received 35,000 pesos at the beginning of each year for 18 years. What…

A: The present value means the present value of the payment of the future. It generally tells us what…

Q: Calculate the future value of $15,000 received today and deposited for eight years in an account…

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

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: Suppose P1500 is deposited at the end of each year for the next 6 years in an account paying 8%…

A: Formula:  Periodic Deposit at the end of the Year,…

Q: What will the deposited amount be at the end of 5 years if P15,000 is deposited in an account…

A: Information Provided: Term = 5 years Rate = 4% compounded quarterly Principal = 15,000

Q: What is the accumulated amount of a 10-year annuity paying ₱ 10,000 at the end of each year, with…

A: The present value method is used to evaluate the different levels of investment projects. With the…

Q: If $86,000 is invested in an annuity that earns 5.6%, compounded quarterly, what payments will it…

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

Q: At the beginning of each quarter, P36,000 is deposited into savings account that pays 6% compounded…

A: Quarterly deposits (D) = P36,000 Interest rate = 6% Quarterly interest rate (r) =…

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: At the end of each quarter-year, for 6 years, $1,200 is deposited into an investment paying 3.4%…

A: At the end of each quarter-year, for 6 years, $1,200 is deposited into an investment paying 3.4%…

Q: if $204 is deposited in a savings account at the beginning of each year for 12 years and the account…

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

Q: Assume that you deposited RM5,000 at the end of each year for 3 consecutive years in an account that…

A: Annual deposit = RM 5,000 Number of annual deposit = 3 Interest rate = 10% Semi annual interest rate…

Q: A sum of $1,000 is deposited at 8% interest, compounded annually for 5 years. What is the future…

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

Q: What is the amount after ten years of a Php18000 deposit if it earns 8% compounded quarterly for the…

A: Time value of money is one the fundamental concept in finance, which says that the value of money…

Q: You own $35000 from the bank for 3 years at 8.50% annual interest, and you will make equal monthly…

A: Solved using Financial Calculator  PV = 35,000 N = 3years * 12 = 36 I/Y = 8.5/12 = 0.708333 CPT PMT…

Q: what uniform annual amount should be deposited each year in order to accumulate 1 million at the end…

A: All sorts of future cash flows in respect of adding interest on present value are known as future…

Q: If you put $ 8000 in a bank every three years forever (on perpetual), what is the present value at…

A: Present value of perpetuity = C/r C is perpetual cash flows and r is interest rate the time period…

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: What is the present value of a perpetuity of P150,000 payable quarterly if money is 4%…

A: A perpetuity is a series of uniform cash flows over an indefinite period of time.

Q: If you contribute $1000.00 into an RRSP every six months for fifteen years and interest on the…

A: GIVEN, pmt =$1000 NPER = 15 X 2 =30 RATE = 8%2=4% PV=0

Q: How much can be accumulated for retirement if OMR2,000 is deposited annually, beginning one year…

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

Q: What is the present value of an annuity of P150,000 payable at the end of each 6-month period for 2…

A: Present Value:  The present value is the value of cash flow stream or the fixed lump sum amount at…

Q: What is the size of the payments that must be deposited at the beginning of each 6-month period in…

A: The amount which is deposited at the beginning of every period for a specified duration is known as…

Q: What amount must be deposited at the bank today to grow to $600 in 4 years, assuming 10% interest…

A: Amount means the sum to be received after few year with interest. Principal means the sum to be…

Q: What is the accumulated amount of a 8-year annuity paying ₱ 3,838 at the end of each year, with…

A: Annual payment (A) = P 3838 n = 8 years r = 4%

Q: Calculate the future value of $15,000 received today and deposited for eight years in an account…

A: Future value is the accumulated value of an investment. It is the total of the initial deposit and…

Q: What is the size of the payments that must be deposited at the beginning of each 6-month period in…

A: The concept of the time value of money states that the current worth of money is more than its value…

Q: $360,000 is invested in a perpetuity at an interest rate of 5.2% per annum. a. Find the monthly…

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

Q: A deposit of $50,000 is made into an account that pays 10% compounded semiannually. How much would…

A: Introduction: Amount which is deposited into an account now is referred to as present value. The…

Q: Use the appropriate formula to find the future value (in $) of $700 deposited at the beginning of…

A: Future Value or Compounded Value is worth of either one single amount at any future date or a series…