16.) A S10, 000 Treasury Bill earned 16% compounded monthly. If the bill matured in 2 years, what was it worth at maturity? m-12 P-S I0,

Q: Loan Rp. 1,000,000,000 is subject to 15% annual interest and must be returned in uniform annual…

A: Given: Initial Loan amount = 1,000,000,000 Annual interest rate = 15% Number of years = 10 Since,…

Q: Calculate what $900 would grow to at 6% per year compounded daily for 5 years. (Use the Table 12.2.)…

A: Concept. Interest is earned on  amount of deposit made.

Q: 3. The price of a certain item is P1,000, payable in O days but if paid in 30 days there will be a…

A: Formula: Simple Interest = Principle X Rate X Time/365 days

Q: Bank A pays 10% interest compounded annually on deposits, while Bank B pays 9% compounded daily.…

A: Bank A interest = 10% annually compounded Bank B interest = 9% daily compounded (365 days of…

Q: Suppose you have been hired as a financial consultant to Defense Electronics, Incorporated (DEI), a…

A: “Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for…

Q: What is the FV of $1,000 in 15 years if it earns an annual rate of 9.5% quarterly compounded?…

A: FV means future value. It is the compounded value of a sum of money invested today. Money invested…

Q: What will a deposit of $2500 at 7.8% compounded semiannually be worth if left in the bank for six…

A: Formula for Future Value FV=PVx(1+r/2)nxt Where, FV = Future Value PV = Present Value r = rate of…

Q: 10. How much must you deposit in a 6% compounded quarterly, 6 year CD, in order to have $30,000 at…

A: Step 1:We have to calculate the amount to be deposited today. It means we have to calculate the…

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

A: Working note:

Q: Assuming an interest rate of 10%, how much (rounded to nearest dollar) will need to be deposited in…

A: Annual deposit = Accumulated saving at the end of 8th year / Future value factor at 10%, 8 years

Q: If for the next 30 years you place $2,000 in equal year-end-deposits into an account earning 5% per…

A: Future Value of Ordinary Annuity refers to the concept which gives out the compounded or future…

Q: need $20,000 five years from now. The account pays 9% compounded annually. If you can receive…

A: Present value is the equivalent value today of the future cash flow based on the time and interest…

Q: A debt of $9000 is to be amortized with 8 equal semiannual payments. If the interest rate is 10%,…

A: For loan amortization, we can use the following formula PMT =(PV*i)/[1-1/(1+i)n] Where PMT =…

Q: If you make quarterly deposits of $1000 for 15 years into an account that compounds interest at 1.5%…

A: Quaterly deposit is $1000 Time period is 15 years Interest rate is 1.5%   To Find: Future Value

Q: What amount of money will accumulate to $8193.9 in 94 days at an interest rate of 3.5% p.a.?

A: Present Value :— It is the value of future money at present day.   Present Value = Future…

Q: 1) what is the discount yield on a 9-month T-bill sold for RM925, assuming there are 365 days in a…

A: T bill are sold at discount to face value the discount rate is YEILD on T bills.

Q: Consider a project with an initial investment of $300,000, which must befinanced at an interest rate…

A: Repayment schedule with repayment of equal principal every year is shown below: Formulation is…

Q: What is the FV of $1,000 in 15 years if it earns an annual rate of 9.5% monthly compounded? O…

A: FV means future value. It is the compounded value of a sum of money invested today. Money invested…

Q: You deposit $3500 in an account earning 2% interest compounded quarterly. How much will you have in…

A: Deposit amount (P) = $3500 Interest rate = 2% Quarterly interest rate (r) = 2%/4 = 0.50% Period = 18…

Q: 9. A company borrows 1,000,000 at an annual effective discount rate of 4%. The loan is to be repaid…

A: We need to find the final payment on the borrowing as per the given information. The final payment…