Q: Q#1: Calculate (i) the interest rate for the given situations? 1. 8% Monthly 2. 6.4% Quarterly 3. 7%…
A: Disclaimer :- as you posted multipart questions we are supposed to solve the first 3 but third…
Q: f you deposit 500 pesos at the end of each year for 3 years into an annuity that pays 5% annual…
A: Given deposit at the end of year = 500 pesos Time = 3 years Simple interest rate = 5 %
Q: Find the value of $5000 five years ago when the interest rate is at 6.5%, compounded semiannually.
A: Present value is equal to PV = FV(1+rn)nt where PV is present value . FV is future Value , t is…
Q: What is the future value of $3,000 saved for 6 years at 4% interest
A: FV = PV ( 1 + r )^t FV = Future value PV = present value i = interest rate compounded annually t =…
Q: How much should you deposit in an account 5% interest semi-annually if you want to have $25,000…
A: Given information is: Future Value (FV)= $25,000 Time period (t)= 10 years Interest rate (r)= 5%…
Q: Suppose that $12,000 is placed in a bank account at the end of each quarter the future worth at the…
A: Given that, Bank deposit = $12,000 Rate of interest (i) = 8.5% Quarterly interest rate = 8.5%/4 =…
Q: Determine the periodic deposit. Round up to the nearest dollar. How much of the financial goal comes…
A:
Q: From the following cash flow diagram, find the value of C that wll economic equivalence between the…
A: Present value (PV) is the current value of a future sum of money or stream of cash flows given a…
Q: What is the present value of $500.00 to be paid in two years if the interest rate is 4%. $_____…
A: From the above information, we may put the values accordingly. Future value FV= 500 Rate of return…
Q: If the effective interest rate is 24%, what nominal rate of interest is charged for a continuously…
A: An effective interest rate is defined as the real rate of return on interest-paying investment when…
Q: Q5#: Mr. Masood deposits Rs. 500 at the end of each quarter so as to accumulate a sum of Rs. 10000…
A: Compound interest refers to the addition of interest to the principal amount of a loan or deposit,…
Q: Alfred loaned a certain amount of money for his company. He promised the bank that he will pay P…
A: Here, given information is: Monthly payment (A): P 10,000 Time period (N): 5 months Interest rate…
Q: How long should ₱50,000 be invested at 6% compounded semi-annually if it should earn an interes
A: Principal amount is given which is equal to 50,000. We are required to find out the number of years…
Q: Compare the interest earned by $15,000 forten years at 8% simple interest with that earned bythe…
A: Interest is the cost of capital. While borrowing money, borrowers have to pay an ‘interest’,…
Q: 1. What is the amount of interest earned on $5,000 for eight years at 10% simple interest per year?
A: Since we only answer one question at a time, we will answer the first question. Please submit a new…
Q: Suppose that $2700 is deposited in an account that earns 4% interest. How much is in the account (a)…
A: The interest rate can be calculated in two different ways. The two different types of interest rates…
Q: A businessman needs to have P200,000 in eight years. How much(P) must he put into his 18% savings…
A: Compound interest formula: FV = P (1 + r / m)nm Where FV is the future value P is the principal…
Q: A person deposits 2500$ today in the bank and he wants to get double of this amount, if the interest…
A: Simple interest formula : Interest = [Principal * Rate of interest * Number of years] / 100
Q: If marry put $100,000 into an account that pays 4.5% annual interest, and she plan to withdraw…
A: here we calculate the time when account of Marry will empty by calculating the future value so the…
Q: An accountant is entitled to received 35,000 pesos at the beginning of each year for 18 years. What…
A: The payments that are made at equal intervals of times can be considered as annuites. There are…
Q: 4. At what rate of simple interest will the sum of money double itself in 6 years.
A: Simple interest is determined by multiplying the day to day interest rate by the principal, by the…
Q: 5 1.5% simple growth interest for 'w' ye t, 2% interest will begin for 'x' years, w compounded…
A: *Answer:
Q: A series fequal quarterly payments of $5,000 for 10 ears is equivalent to what present amount t an…
A: here we calculate the given by following method as follow;
Q: Assuming a 10 pcrcent interest rate compounded continuously, what is the present valuc of an annuity…
A: [a] Present value off annuity for the next five years:-PV = $500/[1+10%]^1 + $500/[1+10%]^2 +…
Q: Define the term Interest?
A: Interest refers to the amount of money that an individual gets paid for investing or lending money…
Q: Liz plans to deposit $10,000 in the bank now and another $5,000 two years from now. If she plans to…
A: Deposit = 10,000 deposit after 2 years = 5,000 withdraw after 5 years = 8,000 interest rate = 10%
Q: You invest $5,850 a year for 10 years. Use i from above. i=10% a. How much will you have after 10…
A: Hi! thanks for the questions but as per the guidelines, we can answer only 3 sub-parts at one time.…
Q: 4. A person want to have 500,000 dollars at the end of 12 years. To obtain that aim, this person…
A:
Q: Please show work
A: suppose, the deposit in the account will be $5,000. Additional deposit is $4,000. Interest rate is…
Q: You borrow $10,000 agreeing to pay the balance in 10 equal annual installments at an interest rate…
A: here we calculate what should be the payments for the given by following method as
Q: 3 You are considering investing $3,000 at an interest rate of 8% compounded ar ally for five years…
A: Compound Interest: Compound interest and simple interest are different, because in compound…
Q: Suppose that $12,000 is placed in a bankaccount at the end of each quarter over the next 15years.…
A: A. Future value when compounded quarterly=A1+rn-1rInterest rate,…
Q: How much do eight P 76,990 quarterly payments amount at present, if the interest rate is 3…
A: Given information, Annuity (A): ₱ 76,990 Interest rate (i): 3% Time period (N): 8 (8 equal…
Q: How much money would you need to deposit today at 8% interest compounded quarterly to have $15,000…
A: In economics, interest refers to the amount paid in excess of the principal amount by the borrower…
Q: Suppose you have the alternative of receiving either $15,000 at the end ofseven years or P dollars…
A: The time period is denoted by n and the interest rate is denoted by i. The value of P can be…
Q: How long will it take GH¢2,000 to accumulate GH¢800 interest at 10% compounded quarterly?
A: Amount = Principle*(1+4*r100)4*n
Q: Identify the number of times interest calculated in a year if the interest is compounded every three…
A: when the interest rate is compounded every 3 months then it has to be calculated for 4 times in a…
Q: What is equal-payment-series present-worth factor?
A: Answer - Equal Payment - Series worth factor - This help investor to calculate how much money need…
Q: QUESTION 4 pu will deposit 18,285 at 10% simple interest rate for 6 years, and then move the amount…
A: Compound interest is calculated by multiplying the initial principal amount by one plus the annual…
Q: What is the difference between Nominal Rate and Effective Rate of Interest? Is 10% per year…
A: The time value of money refers to the concept that a sum of money is worth more now than the same…
Q: For an interest rate of 2% per quarter, determine the effective interest rate (a) quarterly (b)…
A:
Q: Find the present worth of a perpetuity of 1,000 annual payments with interest of 6%
A: According to the question, perpetuity is of 1000 at the interest rate 1% Present value is the…
Q: How long would it take an investment to triple if the interest rate is 6% compounded annually?
A: Answer Given in the question - Interest rate = 6% = 0.06 Need to find - Time for investment to…
Q: 2. How much is the exact simple interest of P 6000 from February 28, 2000 to December 31, 2001 with…
A: Given information: Principal amount (P): P 6000 Interest rate (r): 8% Time period (t): 731 days…
Q: Katy invests $13,000 at 6% simple interest for 38 years. Round your answers to the nearest cent. How…
A: Interest is the cost of borrowing money or credit. It can be expressed in monetary terms or as a…
Q: What amount a man deposit each year so that he can withdraw P 50 000 at the end of ten years. If the…
A: Given information, Future value (F): P 50,000 Time period (n): 10 years Interest rate (r): 6%…
Q: In compound interest, the interest for the current period is computed based on the amount (principal…
A: Compound Interest is the Interest that is calculated on the base Principal amount and accumulated…
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- Assume, you want to get $1,000 after 5 years. How much equal amount of money do you need to deposit in an account that earns 12% annual interest to get that money? Check you answer with interest table.Write the 4 Formulas for Uniform Annuity Series Find F/A Find P/A Find A/P Fina A/F P (Present Value) for PerpetuityWhat is cash equivalents?. Define it with the context of economics.
- What are the two types of cashflows? Define eachIt is likely that airplane tickets will increase 8% in each of the next 5 years. The cost of a plane ticket at the end of the first year will be 10622. How much money would need to be placed in a savings account now to have money to pay for a trip at the end of each year for the next 5 years? Assume the savings account pays 2% annual interest. Round your answer to 2 decimal places.An annuity is a series of equal payments occurring at equal time intervals, normally at the end of the period Select one: O True O False
- Bill wants to buy a new car in three years from now. He expects that the price of a car will be $15,000 in three years. How much money should Bill put in hos savings accounts now tat pays 5% interest rate on this account?You deposit $ 9,030 in an account that pays 3 % simple interest. How much do you have after 4 years? If needed, round your answer to zero decimal places.At what rate of interest will an investment double itself in 10 years?