5 % rate for 15 years is 7.90794

Q: 9000 invested at an apr of 4.8% for 14 years =

A: Future value is the expected value of the current sum in a future date at a required rate of return.…

Q: current balance of home is 43,000 at 6.5 % how much is needed to pay off in 11 years ?

A: The current Balance is $40,000 The interest rate is 6.5%  The time period is 11 years To Find:…

Q: The future value of £400 invested at 5% per annum for 5 years is: a) £512 b) £509 c) £511 d)…

A: The future value of sum can be calculated as per the future value function

Q: $5,100 is invested at 6% compounded annually. what is the amount of the account at the end of 3…

A: Under Compound Interest Method, Interest is accumulated with the principle.

Q: What is the present value of $84,253 to be received or paid in 5 years discounted at 11% by factor…

A: The Present Value Factor (PVF) for nth year discounted at rate r (r%) can be expressed as:

Q: Find the sum of money that accumulates to $3479 16 at 9.5% compounded quarterly in seven years,…

A: The time value of money recognizes the idea that the value of an amount of money today differs from…

Q: At what annual rate monthly compounded would $1 grow to $10 in 17 years? 0 16 % 14.5 % 0 14 51 %…

A: Annual rate of return refers to the percentage of earnings on the investment made for the given…

Q: the present value of $6,000 at the end of six years at 5% interest is

A: Present Value can be calculated using PV function in excelPV (rate, nper, pmt, [Fv], [type])Rate The…

Q: Find the sum of money that accumulates to ​$5111.39 at 7.7% compounded quarterly in two years, four…

A: given, FV = $5111.39 R= 7.7% M =4 ( quarterly compounding) N= 2 YEARS 4 MONTHS = 2+412years =2.33…

Q: The 2-year zero-rate is 2.08% and the 2.5-year zero-rate is 4.4%. What is the forward rate for the…

A: Zero-Coupon Bonds are raised in capital market at below par and has no periodic interest payments.…

Q: The 5-year spot rate is 10.5% and the 4-year spot rate is 8.8% What is the 1-year forward rate, 4…

A: Solution:- Forward rate means the rate decided today for a future date.

Q: 100 is deposited into an account at the end of each 3-year period for 36 years. The accumulated…

A: Annual effective rate is the real rate at which the money deposited grows.

Q: 7% compounded every 4 months for 6 years. a) The annual interest rate as a decimal is . b) The…

A: concept:- A = P(1+r)n where , A= amount available including compounding interest P= principal r=…

Q: 3) What is the annual interest rate earned on a deposit that grew from $60 to $111.06 over the last…

A: Future Value refers to the value of the current asset or investment or of cash flows at a specified…

Q: If P = $ 1000 A = $ 188 and i % = 12 % per year then N = ? (a) 9 years (b) 8 Years (c) 7 Years…

A: Present value considers the time value of money concept. It considers the discounting factor at…

Q: 5,100 invested for 9 years at 9% componded annually will accumulate to?

A: Interest is the opportunity cost calculated on the principal amount for the mentioned time period.…