None 41esa. What is the future value in seven years of $1,200 invested in an account with a statedannual interest rate of 8 percent, compounded annually? (Do not round intermediatecalculations and round your final answer to 2 decimal places. (e.g., 32.16))Future valueb. What is the future value in seven years of $1,200 invested in an account with a statedannual interest rate of 8 percent, compounded semiannually? (Do not roundintermediate calculations and round your final answer to 2 decimal places. (e.g.,32.16))Future valuec. What is the future value in seven years of $1,200 invested in an account with a statedannual interest rate of 8 percent, compounded monthly? (Do not round intermediatecalculations and round your final answer to 2 decimal places. (e.g., 32.16))Future value$d. What is the future value in seven years of $1,200 invested in an account with a statedannual interest rate of 8 percent, compounded continuously? (Do not roundintermediate calculations and round your final answer to 2 decimal places. (e.g.,32.16))Future value$

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Answered: 41 es a. What is the future value in…

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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H5.
What is the future value of an investment in which you deposit $988 into an account at the end of each year for 6 years that pays an APR of 5.7%? Assume the value of the account today is zero. Enter you answer as a number with no commas, no currency sign, and two decimal places of precision.
Assume you deposit $5,700 at the end of each year into an account paying 11. interest. a. How much money will you have in the account in 19 years? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g b. How much will you have if you make deposits for 38 years? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g а. Future value $ 324,555.08 b. Future value $ 2,462,818.38
Ex 1. The following are exercises in future (terminal) values: a. At the end of three years, how much is an initial deposit of $100 worth, assuming a compound annual interest rate of (i) 100 percent? (ii) 10 percent? (iii) O percent? b. At the end of five years, how much is an initial $500 deposit followed by five year-end, annual $100 payments worth, assuming a compound annual interest rate of (i) 10 percent? (ii) 5 percent? (iii) O percent?
a-1. Calculate the present value of an annual payment of $680.00 you would received for 12 years if the interest rate is 7.01%. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Present value a-2. Calculate the present value of an annual payment of $544.00 you would received for 18 years if the interest rate is 7.01%. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Present value b-1. Calculate the present value of an annual payment of $680.00 you would received for 12 years if the interest rate is 17.90%. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Present value b-2. Calculate the present value of an annual payment of $544.00 you would received for 18 years if the interest rate is 17.90%. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Present value
Compute the number of years (t) if future value (FV) = $12,029, present value (FV) = $1,826, and interest rate (r) = 9%,. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.):
Assume you deposit $4,400 at the end of each year into an account paying 10.5 percent interest. a. How much money will you have in the account in 24 years? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. How much will you have if you make deposits for 48 years? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Calculate the following: a. The future value of a deposit of $400 left in an account paying 4% annual interest for 13 years. b. The future value at the end of 6 years of a $850 annual end-of-year deposit into an account paying 11% annual interest. a. The future value, FV, on a deposit of $400 left in an account paying 4% annual interest for 13 years is $ the nearest cent.) (Round to
Suppose you invest $1,500 in an account paying 6% interest per year. How much of this balance corresponds to interest on interest earned in the last (7th) period? (Dollar figures should be approximated to the nearest cent of a dollar, while rates should be expressed in percentage terms without using the "%" symbol and approximated to the nearest second decimal place.)
What is the future value of $1,280 in 18 years assuming an interest rate of 8.8 percent compounded semiannually? (Round time value factors to 6 decimal places and final answer to the nearest dollar amount. Omit the "$" sign and commas in your response. For example, $123,456 should be entered as 123456.)
Assume you deposit $4,200 at the end of each year into an account paying 10 percent interest. a. How much money will you have in the account in 22 years? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. How much will you have if you make deposits for 44 years? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) a. Future value b. Future value
ou can assume that all payments are made at the beginning of the period and use "1" for the "type" argument in the formula. A. Suppose you invest $ 11,400 today. What is the future value of the investment in 29 years, if interest at 7% is compounded annually? B B. Suppose you invest $ 11,400 today. What is the future value of the investment in 29 years, if interest at 7% is compounded quarterly? 4 5 6 27 28 29 C. Suppose you invest St $ 570 monthly. What is the future value of the investment in 29 years, if interest at 5% is compounded monthly? Question 1 Question 2 + Ready Accessibility: Investigate MAR 17 A W +

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