5) How many years are required for P15k to increase to P20k if invested at 12% per year compounded bimonthly, and continuously? 6) Find the nominal rate compounded semi annually which is equivalent to 20% compounded quarterly. What is the corresponding effective rate?

Q: if the nominal rate is 11.5% per year compounded continuously, what is the equivalent effective rate…

A: Effective rate of interest is rate which is computed after taking into account all the compounding…

Q: How long does it take (approximately) for the invested sum of 1000 euros to double if 6% annual…

A: Initial amount = 1000 Final amount =2000 Interest  =6% In case of monthly compounding, monthly…

Q: If $5,000 is invested at an annual rate of 6.5% compounded continuously, the future value S at any…

A: Information Provided; Principal = $5000 Annual rate = 6.5% compounded continously

Q: Consider the case where the Annual Percentage Rate (APR) is 15%. If the frequency of compounding is…

A: Annual Percentage rate = 15% Compounding = Quarterly Number of compounding per year = 4

Q: A firm is scheduled to receive payment of $32,000 in 1 year. What is the present value of this…

A: To calculate the present value of payment that will receive after 1 year we will use the below…

Q: At what annual interest​ rate, compounded​ annually, would ​$500 have to be invested for it to grow…

A: FV = A * (1+r)nwhereFV = future valueA = amount investedr = interest raten = time period

Q: Suppose you wish to accumulate $20,000 over a 10-year period in an account that pays a steady 5% per…

A: The concept of time value of money will be used here. As per the concept of time value of money the…

Q: how much would be available at the end of the time period. How much is the interest earned?

A: Time value of money (TVM) means that the money received in the present period will have more value…

Q: What is the future equivalent of 10,000 per year that flows continously for 8.5 years if the nominal…

A: The following information has been provided in the question: Present value= 10000 per year Time =8.5…

Q: What is the equivalent present value of the following series of payments: $10,000 the first year,…

A: Calculate the equivalent present value as follows:

Q: How much is the present sum is equivalent to a series of P1000 annual end-of year payments, if a…

A: Annual payment (P) = P 1000 Interest rate (r) = 6% Number of annual payments (n) = 10

Q: If the initial investment is $200,000, what would be the nominal annual rate of interest compounded…

A: Interest is the cost of borrowing the money.

Q: At what nominal rate, compounded monthly, would 12,000.00 have to be invested to amount to 21,811.13…

A: Interest is the amount charged on a loan or investment. It can be calculated by simple interest or…

Q: What per annum nominal interest rate with interest compounded quarterly would be needed to achieve…

A: The present value function or concept can be used to determine the present value of a future sum or…

Q: What's the future value of an initial $100 after 3 years if it is invested in an account paying 10%…

A: Given: Initial deposit = $100 Time =3 years Interest rate =  10% Future value = Initial deposit* (1…

Q: Find the future value of the following at a given annual rate compounded annually and the given…

A:

Q: At what annual interest​ rate, compounded​ annually, would ​$510 have to be invested for it to grow…

A: Investment amount (PV) = $510 Future value (FV) = $1961.97 Period (n) = 15 Years

Q: suppose you have$13000 to invest. which of the two rates would yield the larger amount in one year:…

A: Investment Amount (pv) = $13,000Interest Rate (rate) = 11%Type of Interest Compounded =…

Q: At what annual interest​ rate, compounded​ annually, must ​$520 be invested for it to grow to…

A: Initial amount (I) = $520 Future value (FV) = $1,908.44 Period (p) = 10 years Interest rate (r) = ?…

Q: What is the present value of an investment in which the interest rate is 3.9% per year, compounded…

A: The time value of money is the idea that the value of money received today will be more worthy than…

Q: If $ 30000 is invested at 8% interest per year, compounded continuously, how much will be in the…

A:

Q: What interest rate, when compounded annually, is involved if an initial investment of $4000 turns…

A: Compound interest is the investment method in which the interest earned is redeposited back,…

Q: You are working on a project, that is using a yearly nominal interest rate of 15% per year, which is…

A: The objective of the question is to calculate the effective quarterly interest rate from a nominal…

Q: How long will it take RM 2,000 to double if the investment earns interest at the rate of 9% per year…

A: Future value of money is the amount of deposit done and amount of compounded interest accumulated…

Q: 1. What nominal rate compounded semiannually is equivalent to 8% compounded Quarterly?

A: Effective annual rate (EAR) refers to a real interest rate which an investor is expect from his…

Q: How long, to the nearest year, does it take an investment at 6% compounded annually to…

A: The future value of the cash flow is the future worth of a cash flow at a certain rate of interest…

Q: What is the future value if the amount invested is 10,000 at 10% compounded quarterly for 5 years?…

A: Solution Given Present value 10000 Rate of interest 10% Compounding Quarterly…

Q: a) In how many years will a single investment of $1,000 made now, increase to $2,000 if the interest…

A: Information Provided: Present value = $1000 Future value = $2000 Interest rate = 3%   NOTE: As…