Q: If $600 is invested in an account with an annual interest rate of 14.5%, compounded continuously,…
A: We need to use the formula of continuous compounding belowA=P(e)rn where A=future valueP=present…
Q: pounded quar
A: We need to find the amount of money that must be invested to accumulate P200,000 in 3 years and 3…
Q: If you invest $5,000 now, and your investment pays 12% per annum, how much will you have in three…
A: Following information is given in the question: Investment today (Present value) = $5000 Annual…
Q: How much must you invest at 12% interest, compounding quarterly, in order to see your investment…
A: The amount of investment can be calculated by discounting the future value using the appropriate…
Q: Suppose you invest $3,500 today, compounded monthly, with an annual interest rate of 8.50%. What…
A: When the interest rate compounds monthly, the monthly interest rate should be considered i.e.…
Q: If you invest %750 at an interest rate of 7% compounded annually, how much would the $750 be worth…
A: The question is based on calculation of future value of an investment. Formula as, FV= PV(1+r)n
Q: How many years will P100,000,000 earned a compound interest of P100,000 if the interest rate is 7%…
A: Present value is the value of the future expected/calculated amount as of today.
Q: Suppose that you invest $9,000 at 6% interest, compound quarterly, for 5 years. use Table 11-1 to…
A: Compound interest is the total interest earned during the investment period. It considers…
Q: If $82,000 is invested in an annuity that earns 5.8%, compounded quarterly, what payments will it…
A: Present value (PV) of the investment is $82,000, which would earn an interest rate (r) of 5.8%…
Q: d it will become $ 6,000 at the end of 4 years, determine the nominal rate of interest and the…
A: The given problem can be solved using using RATE and EFFECT function in excel. RATE function…
Q: What is the future value of $2,500 deposited for one year earning a 14 percent interest rate…
A: In the given question we require to compute the future value of investment from following details:…
Q: If you invest your P3,000 every year at 4% interest rate, how many months does it take to be worth…
A: Future Value: The future value is the amount that will be received at the end of a certain period.…
Q: A man invested ₱130,000 at an interest rate of 10% compounded annually. What will be the final…
A: Calculate the compounded value after five years as below:. Resultant table: Hence, the compounded…
Q: 1. How much money will you have in an account after 16 years if your initial investment is $8300…
A: Compound interest is the interest calculated on both the principal amount as well as the interest…
Q: What is the future value of $2,000 deposited for one year earning 6 percent interest rate annually?
A: Given details are : Present value of deposit = $2000 Time period = 1 year Interest rate = 6% From…
Q: If $84,000 is invested in an annuity that earns 5.2%, compounded quarterly, what payments will it…
A: Investment (PV) = $84000 Interest rate = 5.2% Quarterly interest rate (r) = 5.2%/4 = 1.30% Period =…
Q: How long would it take you to double your money in an investment if it earns 5.75% compounded…
A:
Q: A businessman expects to receive P20, 000.00 in 10 years. How much is that money worth now…
A: Future value (FV) = P 20,000 Annual interest rate = 6% Quarterly interest rate (R) = 6%/4 = 1.50%…
Q: What is the present value of $1,000 received in two years if the interest rate is 12% per year…
A: Given Detail: Future Value: $1000 Interest rate : 12%
Q: If you invest OMR 100 at 4% for three years, how much would you have at the end of three years…
A: To calculate the future value of present investment we use the formula, Future value= Present…
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: How much will I have 8 years from now, if I will invest P10,741 at the end of cach three months for…
A: Quarterly investment = P 10,741 Period = 3 Years Number of quarterly payments = 3*4 = 12 Annual…
Q: If (P) dollars are invested at the end of each year in an annuity that bears interest at an annual…
A: The future value of a regular annuity amount can determine with the help of the future value of the…
Q: Suppose you invest $25500 for 12 years paying 2.25% annual interest. How much will you have at the…
A: The future value is the amount that will be received at the end of a certain period. The future…
Q: You invest $13,000 at 18% interest, compounded monthly, for 2 year
A: Future value of investment under compound interest method: Future value = P×(1+rf)n×f Where, P =…
Q: $15,000 is invested for 5 years at an annual simple interest rate of 17%. a) what will you earn in…
A: Interest = Principal * Rate * Time
Q: How much will $200,000 deposited in an investment account earning an annual interest rate of 8½% be…
A: Given information: Present value $200,000 Annual interest rate is 8.5% Number of years is 1
Q: You have 1,500 to invest today at 7% interest rate Compounded annually. a- Find how much will you…
A: FV is the future worth of cash flows that have occurred in the past or present.
Q: What is the present value of an investment that promises to pay you $ 1, 000 in five years if you…
A: Here, The present value is PV. The future value is FV. The maturity is n. The interest rate is r.
Q: You deposit $14,000 at a 8% interest rate for 9 years compounded quarterly. What is the future…
A: Since the interest is compounded quarterly, we have to calculate effective annual interest rate…
Q: If you invest $10,000 at an interest rate of 8.00% (annual rate) compounded quarterly, how much…
A: Given: Investment amount = $10000 Rate = 8.00% compounded quarterly To compute the amount of…
Q: If you wish to save $100,000 at the end of 5 years, how much will you need to invest each month if…
A: Compounding of interest means the interest rate will be applied on the accumulated principal plus…
Q: If you invest OMR 100 at 9% for three years, how much would you have at the end of three years using…
A: Compound interest is interest on interest. It is unlike of simple…
Q: If you invest $154 at an interest rate of 6% (annual rate) compounded annually, how much interest…
A: Interest earned is the interest which is applied on the principal. It is the interest for using…
Q: You have $900 to invest today. In how year will be double if you invest it an interest rate if 11%…
A: Given: Principal = 900 Amount =1800 Interest rate = 11% Compounded quarterly Time = ???
Q: What is the future equivalent of $1,000 invested at 6% simple interest per year for 3 years?
A: Simple interest is the type of interest that is calculated on the principal amount invested, it is…
Q: you wish to receive incresing quater-end payments with 3.7% growth -rate quater for the next 3…
A: Quarter End Payments First Quarterly Payment = 540 Time Period = 3 years * 4 = 12 quarters or 36…
Q: If you pay $500 for an investment that returns $600 in 1 year, whatis your annual rate of return?…
A: Future value = Present Value * (1+r)^n Where, r = rate of interest n = no. of years
Q: Suppose that you invest $5,000 at 6% interest, compound quarterly, for 5 years. use Table 11-1 to…
A:
Q: If $87,000 is invested in an annuity that earns 5.6%, compounded quarterly, what payments will it…
A: The interest rate is 5.6%, compounded quarterly. Interest rate per quarter is (5.6% ÷ 4) = 1.4%. The…
Q: Use the compound interest formula to calculate the compound amount (in $) for your investment.
A: Future Value: It is the future worth of the investment amount or a sum of money compounded at a…
Q: If you invest P8,000 at 6.6% interest, compounding monthly, how much will you have in 3½ years? *
A: Present value method is used to evaluate the different level of investment projects. With the help…
Q: You invest $19,000 at 18% interest, compounded monthly, for 2 years. Use the compound interest…
A: Given, Investment = $19,000 Interest = 18% Compounding Frequency = Monthly for 2 years The…
Q: If you invest your P3,000 every year at 4% interest rate, how many months does it take to be worth…
A: Annual investment (A) = P 3000 r = 4% n = Years to accumulate P 117247.80
Q: How much more could you have earned over a 10 year period if interest had compound annually?
A: Simple interst formula is I = P*R*T Where I is Interest,P is principle,R is rate of interest and T…
Q: Alexander invests $5,000 at an interest rate of 1.4% per quarter. How much is the investment worth…
A: Future value is the value of the current assets or some amount that is invested today and amount…
Q: What is the future value of $400 deposited for one year earning an interest rate of 9 percent per…
A: The provided information are: Present value (PV) = 400 Rate of interest (i) = 9% Number of year (n)…
Q: Suppose you buy a home and finance $265,000 at $2,223.17 per month for 30 years. What is the amount…
A: Cost of home= $265,000 Financing pattern= $2,223.17 per month for 30 years Amount of Interest=?
How much you have in 3 1/2 years if you invests P8,000 at 6.6 percent interest compounded monthly?
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Solved in 3 steps
- If you invest P8,000 at 6.6% interest, compounding monthly, how much will you have in 3½ years? *How much money will you have in 8 years if you invest $13,000 at a 4.6% annual rate of interest compounded quarterly? How much will you have if it is compounded monthly?Suppose you invest $1,000 today, compounded quarterly, with the annual interest rate of 8.00%. What is your investment worth in one year?
- If you invest $10,000 at 8.125% interest compounded daily, how long will it take for you to accumulate $15,000? (Give the number of periods and the number of years, rounded to the nearest hundredth.) b) How long will it take for you to accumulate $100,000?How much money should you invest at an interest rate of 6% compounded monthly, to have P400,000 in 5 years?If you invest %750 at an interest rate of 7% compounded annually, how much would the $750 be worth in five years?
- If you invest $10,000 at an interest rate of 8.00% (annual rate) compounded quarterly, how much interest will you have after one year?What is the present value of an investment that promises to pay you $ 1, 000 in five years if you can earn 6 percent interest compounded annually ? PV - Lump SumIf you invest at 1.59% APY, how many years will it take to turn $1 into $9?
- If you invest $3.000 today, how much would you have in your account in 35 years from now if the interest rates are 7.0256% per year? Assume interest is compounded semiannually. Answer with formulas in Excel will be appreciated.If you put $200,000 into your investment account now for 10 year at 5% annual interest, what is the difference in interest income between simple interest calculation and compound interest calculation? use Excel for calculation.You plan to invest $50,000 today at an annual interest rate of 12% over 5 years. What the future value of your investment if interest is compounded. a. Annually b. Semi-annually
