Q: You deposit $5000 in an account earning 2% interest compounded monthly. How much will you have in…
A: Deposit (P) = $ 5000 Interest rate = 2% Monthly interest rate (r) = 2%/12 = 0.166666666666667%…
Q: You invest $ 20.000 in a bank account to buy a house at annual interest rate 15 per year, compounded…
A: Given information: Present value is $20,000 Interest rate is 15% per year compounded monthly Number…
Q: You deposit $5000 each year into an account earning 3% interest compounded annually. How much will…
A:
Q: You make two annual payments of $2,000 each (the first payment is made one year from today) into a…
A: Number of annual payments (N) = 2 Payment = 2000 Interest rate = 10%
Q: You deposit $500 today in a savings account that pays 6% interest, compounded annually. How much…
A: Deposit amount = $ 500 Annual interest rate = 6% Period = 40 Years
Q: You have $300 to invest. If you put the money into an account earning 13% Interest compounded…
A: Following details are given in the question : Present value = 300 Time period = 8 years Interest…
Q: . Your client deposits $5 million in a savings account that pays 5 percent per year compounded…
A: Following is the answer to the question
Q: You deposit $1000 each year into an account earning 6% interest compounded annually. How much will…
A: Future value of any deposits made is equivalent to the compounded value of deposits made for all the…
Q: You deposit $4000 in an account earning 8% interest compounded monthly. How much will you have in…
A: Given information ; P = 4000 r = 8% or 0.08 Compounded monthly so n = 12 t = 15 years
Q: You deposit $10,000 in a bank that pays an annual interest rate of 6% compounded quarterly how much…
A: We need to use compound interest formula for calculation of amount after 5 years A=P(1+r)n Where…
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: You deposit $6000 in an account earning 5% interest compounded monthly. How much will you have in…
A: Future Value is the compounding of present value at the specified rate of interest.
Q: You deposit $4000 each year into an account earning 4% interest compounded annually. How much will…
A: Future value of annuity = Annual payment x [(1 + i)n - 1]/i i = Interest rate n = number of years
Q: If you deposit $8700 today in an account that pays 8.5% per year, compounded quarterly, how much…
A: A study that proves that the future worth of the money is lower than its current value due to…
Q: If you deposit $6800 today in an account that pays 5.0% per year, compounded quarterly, how much…
A: A study that proves that the future worth of the money is lower than its current value due to…
Q: IF you deposit $300 each quarter into an account earning 3.2% compunded quarterly, how many years…
A: Quarterly payment (PMT) is $300. Annual rate of return is 3.2% and Rate of return per quarter is…
Q: You invest $10,000 in an account which pays 3% compounded monthly. How much is in the account after…
A: A concept that implies the future worth of the money is lower than its current value due to several…
Q: You deposit $3000 each year into an account earning 5% interest compounded annually. How much will…
A: An Annuity is a continuous flow of systematic timely cash flows made or received for a stipulated…
Q: You deposit $2000 each year into an account earning 3% interest compounded annually. How much will…
A: A deposit annually is rewarded by an interest annually that make a huge amount at the end of…
Q: You deposit $4000 in an account earning 3% interest compounded monthly. How much will you have in…
A: The amount after 10 years will be the future value of the initial deposit.
Q: You borrow $11,000 and promise to make payments of $3,359.50 at the end of each year for 5 years.…
A: The question gives the following information:
Q: You deposit $4700 in an account earning 3% interest compounded continuously. How much will you have…
A: Future Value Future value refers to the value of the investment at a certain point in time in the…
Q: ou deposit $300 in an account earning 6% interest compounded annually. How much will you have in the…
A: Amount Deposited = $300 Interest Rate(r) =6% Years(N) =10
Q: You deposit $250 each month into an account earning 5% interest compounded monthly. a) How much will…
A: Future value of ordinary annuity computes the total amount of periodic payments at a certain time…
Q: You deposit $825 today in a savings account that pays 3.5% interest, compounded annually. How much…
A: Future value is the value of current value at a specified interest rate for given period. The…
Q: You put $1,000 into a savings account today that offers a 5% APR with semi-annual compounding (i.e.,…
A: Compound the money invested provides the future value of an investment.
Q: You deposit $4000 in an account earning 5% interest compounded monthly. How much will you have in…
A: Given: Interest rate = 5% Present value = $4,000 Period = 10 years
Q: You deposit $1000 each year into an account earning 6% interest compounded annually. How much will…
A: Ordinary Annuity is way of payment where payment happens at the end of each period.
Q: If you deposit $3,500 into an account earning an annual rate of 11% what would your account be worth…
A: To calculate the value of account after 35 years we will use the below formula Value after 35…
Q: You deposit $5000 each year into an account earning 6.8% interest. How much will you have in the…
A: Given: Yearly deposit = $5000 Interest = 6.8% annually Time =15 years
Q: You deposit $4000 each year into an account earning 8% interest compounded annually. How much will…
A: given PMT = 4000 n= 20 years i=8% FV = ?
Q: You put $1,000 into a savings account today that offers a 55% APR with semi-annual compounding…
A: GIVEN, PV = $1000 N = 2 M = 2 (SEMI ANNUAL) R=55%
Q: You deposit $500 each month into an account earning 3% interest compounded monthly. Round to the…
A: We need to use future value of annuity formula to calculate money in account after 25 years Future…
Q: Your beginning salary is $70,000. You deposit 12% at the end of each year in a savings account that…
A: Given information: Beginning salary is $70,000 Interest rate is 3% Initial payment of 12% Salary…
Q: You deposit $3000 each year into an account earning 2% interest compounded annually. How much will…
A: Annual deposit (P) = $ 3000 Annual interest rate(R) = 2% Period (N) = 35 Years
Q: You deposit $6000 in an account earning 7% interest compounded monthly. How much will you have in 15…
A: Time has been precious in all perspectives, however in terms of finance, time has a monetary value.…
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: If you initially invest $3500 in an account that earns 4.7% interest compounded daily, how much will…
A: Initial investment (PV) = $3500 Interest rate (r) = 4.7% Number of compounding per year (m) = 365…
Q: You deposit $6000 in an account earning 4% interest compounded monthly. How much will you have in…
A: Future Value = Present Value * (1+r)^nWhere,r = rate of interest per period i.e. 4%/12 =0.333%n =…
Q: You deposit $300 each quarter into an account earning 5.8% interest compounded quarterly. a) How…
A: Annuity refers to series of annual payment which is paid or received at start or ending of specific…
Q: You deposit $3000 each year into an account earning 8% interest compounded annually. How much will…
A: Future value of annuity is used to calculate the value of streams of cash flows in future at a given…
Q: You deposit $200 each month into an account earning 8% interest compounded monthly. Round to the…
A: Answer b) Total amount put by us in account: = Amount monthly invested * 12 * number of years =…
Q: You deposit $500 each monthinto an account earning 3% interest compoundedmonthly. a) How much will…
A: A theory that helps to compute the present or future value of the cash flows is term as the TVM…
Q: You deposit $3000 in an account earning 3% interest compounded monthly. How much will you have in…
A: Given:Deposit amount=$3000Rate=3% interest compounded monthly.To compute:Amount in account after 15…
Q: You deposit $5000 each year into an account earning 3% interest compounded annually how much will…
A: Amount we will have is future value of yearly payments future value is calculated using fv function…
Q: You
A: An annuity refers to a series of payments made at regular interval of time.
Q: You deposit $2000 in an account earning 8% interest, compounded quarterly. How much will you have in…
A: Principle P :- $2000 Time t :- 11 years Rate of interest r = 8% Compounded quaterly No. of intervals…
Q: The amount a person would have to deposit today to be able to take out $600 a year for 10 years from…
A: Amount need to deposit today = $ 4,026.05
Q: You deposit $6000 in an account earning 6% interest compounded monthly. How much will you have in…
A: Computation as follows:
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- pls answer and show cash flow diagram I will invest $500 per quarter for my retirement at 7.3% compounding quarterly for 32 years. I have achoice of making that payment of $500 at the beginning or the end of the quarter (regular annuity orannuity due). In which account will I have more money and by how much? Which account will earn themost interest and by how much? Ans: Regular Annuity‐ $249981.20, Interest = $185981.20; Annuity Due‐ $254543.36, Interest =$190543.36A fund is created by making equal monthly deposits of P4,000 at 9% converted monthly for half a year. Find the following: 1. the sum after half a year2. periodic depositChoices a. 0.75b. 0.0075c. 6d. 1/2e. P24, 454.53f. P16, 180.90g. P4,000.00Need an accurate answer on this! Sprint Inc. expects the following: UCFBT=$ 10 million in perpetuity from the end of year 1. Debt= $ 20 million. Rb =5% Tax rate is 50% R0 =10% Debt is fully amortized over 3 years in three equal payments. Find the value of Sprints’ equity today. Question content area bottom Part 1 Sprints Equity today is $ million. (Round to two decimals) Use 99 if the answer is indeterminate
- ! Use Data Given ! bartleby = 3 max questions 7. An investment of P 20000 earned P350 for 180 days, what is the annual rate of interest? 8. Bench loaned P10000 in a bank to be paid after 3 years with an interest of 10% compounded semi-annually and P15000 to be paid after 4.25 years at 8% compounded quarterly. How much must he pay after 7 yrs at an interest rate of 12% compounded monthly to settle everything?QUESTION 14 You purchase a home priced at 1,750,000 Php. You paid 10% as the down payment and the remaining balance under a bank amortization plan to be paid in 8 years. At an effective quarterly interest rate of 1.5%, How much interest will you pay in the 2nd year Solve on white paper or typed. Not in excelQuestion 1Mr. and Mrs. Haddad have contributed $2025.00 per six months for the last eighteen years into RRSP accounts earning 6.92 % compounded semi - annually. a) How much will Mr. and Mrs. Haddad have in total in their RRSP accounts? b) How much did the Haddad's contribute? c) How much will be interest? PMT = $IY = CY = i = n = Total in RRSP account $Total Contibution =$ Interest =$ Blank 1: Blank 2: Blank 3: Blank 4: Blank 5: Blank 6: Blank 7: Blank 8:
- Calculate the future worth of 20 annual $4,000 deposits in a savings accountthat earns 8% compounded monthly. Assume all deposits are made at thebeginning of each year.(a) $196,010(b) $J88,196(c) $190,162(cl) $199.2791. Calculate what $900 would grow to at 6% per year compounded daily for 5 years. (Use the Table 12.2.) Note: Round your final answer to the nearest cent. Amount:??? TABLE 12.2 Interest on $1 deposit compounded—daily-365-day year Year 1% 2% 3% 4% 5% 6% 7% 8% 1 1.0101 1.0202 1.0305 1.0408 1.0513 1.0618 1.0725 1.0833 2 1.0202 1.0408 1.0618 1.0833 1.1052 1.1275 1.1503 1.1735 3 1.0305 1.0618 1.0942 1.1275 1.1618 1.1972 1.2337 1.2712 4 1.0408 1.0833 1.1275 1.1735 1.2214 1.2712 1.3231 1.3771 5 1.0513 1.1052 1.1618 1.2214 1.2840 1.3498 1.4190 1.4918 6 1.0618 1.1275 1.1972 1.2712 1.3498 1.4333 1.5219 1.6160 7 1.0725 1.1503 1.2337 1.3231 1.4190 1.5219 1.6322 1.7506 8 1.0833 1.1735 1.2712 1.3771 1.4918 1.6160 1.7506 1.8963 9 1.0942 1.1972 1.3099 1.4333 1.5683 1.7159 1.8775 2.0543 10 1.1052 1.2214 1.3498 1.4918 1.6487 1.8220 2.0136 2.2253Calculator sequence (1+(i÷365))y× n x P=A A. On April 13th Thomas Ash deposited $2600 in a passbook savings account at 3.5% interest compounded daily what is the compound amount in $ of his account on August 5th? $ B. Using daily compounding calculate the compound amount in $ of a $6000 investment for each of the 3 Cd's. the 1st national bank is offering a 5 year CD 4% interest.....$ the 2nd national bank is offering a 5 year CD at 3% interest....$ the 3rd national bank has a 5 year CD at 5.5% interest .....$