a) A man has invested $5350 in a savings account that pays 12% simple interest. How long will it be, in years, until the investment amount to Tk.10165? b) How much will a deposit of 5000 taka grow to in 20 years at 6% interest compounded continuously? c) A sum of money invested now at 10 percent compounded quarterly is to provide payments of $ 1000 every 3 months for 12 years, the first payment due 3 months from now. How much should be invested? How much interest will the investment earn?

Q: How much money would have to be deposited today to accumulate:

A: A theory that helps to compute the present or future value of the cash flows is term as the TVM…

Q: If $600 is invested in an account with an annual interest rate of 14.5%, compounded continuously,…

A: We need to use the formula of continuous compounding belowA=P(e)rn  where   A=future valueP=present…

Q: How much money will be in a bank account at the end of 15 years if $100 is deposi ted today and the…

A: Following details are given in the question : Deposit today (Present value) = $100 Time period = 15…

Q: You have discovered an investment opportunity that earns a 3% rate of interest compounded…

A: Present value is the equivalent value of future money today that is going to be received in the…

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A: The future value of annuity due is the total future value of each cash flow which is made at the…

Q: 6. If you deposit $4,000 now, $5,000 at the end of 2 years and $6,000 at the end of 5 years into an…

A: The concept of money's time value reveals that any sum currently is worth more as compared to the…

Q: Suppose you have $1700 in your savings account at the end of a certain period of time. You invested…

A: Simple interest doesn't take compounding into consideration.

Q: Assume you make 10 equal annual deposits of $2000 into an account paying 12% per year. How much is…

A: Periodic payments can be made monthly, quarterly, half-yearly or annually. In the given question,…

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A: As per bartleby guidelines,  "Since you have asked multiple questions, we will solve the first…

Q: You have a bank account that is currently worth 10,000. How long will it take the bank account to be…

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Q: Assume you placed RM25,000 in a savings account that pays an annual compound interest of 8% for 3…

A: Solution: With the Time value of money concept (Future value) we will be calculating amount of money…

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A: We need to use future value continuous compounding formula below to calculate number of years.A =…

Q: An investment account returns 6.29% annually. You want to withdraw $ 10,000 each year for the next…

A: The present value of an annuity is the value today of a series of equal payments made at fixed…

Q: A sum of money invested now at 10 percent compounded semi-annually is to provide payments of $1500…

A: Let the money to be invested now = X Semiannual payment (A) = $1500 Number of payments (n) = 16 r =…

Q: Assume you make 10 equal annual deposits of $2000 into an account paying 8% per year. How much is in…

A: The amount available 6 years after the last deposit will be the future value of this annuity.

Q: A student invests $1000 in a bank account that pays an interest rate of 3.25% compounded monthly. a)…

A: given, A=$1000 r=3.25% m=12

Q: how many years your money will be doubled?

A: answer :- c) n= 6.12 years given  present value PV= 10000 rate r=12% future value FV = 2*10000 =…

Q: Suppose are going to make monthly deposits into an account with an annual interest rate of [8] 2.5%…

A: For calculating the monthly deposit as ordinary annuity; the $1,000,000 amount shall be taken as the…

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A: Future value is the value of the present cash flows in future. Investor will deposit same equal…

Q: What is the cash value of a property with a mortgage that requires payments of $1200 per month for…

A: To determine : Cash value of property  Monthly Payment = pmt = $1200 Term =  25 years Number of…

Q: An Engineer deposits 7,000 pesos every year end in a savings account that pays nominal annual…

A:

Q: A bank projects that the value of an account they hold will be $2, 000, 000 in 5 years. If the…

A: Future value (FV) = $2,000,000 Period (t) = 5 Years Interest rate (r) = 5% Mathematics constant (e)…

Q: You deposit $1,000 in an account earning 9.3% interest compounded daily . How much will you have in…

A: Future value refers to the monetary value of an investment at a specified future date. It is the…

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A: Formula to calculate compound interest is: A = P(1+r/n)^nt Where A is the future value, P is the…

Q: Suppose you invest $25500 for 12 years paying 2.25% annual interest. How much will you have at the…

A: The future value is the amount that will be received at the end of a certain period. The future…

Q: A certain sum of money will be deposited in a savings account that pays interest at the rate of 6%…

A: The following information given in the question: Rate of interest : 6% compounded annually (I)…

Q: if $204 is deposited in a savings account at the beginning of each year for 12 years and the account…

A: The given problem can be solved using FV function in excel. FV function computes amount balance in…

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A: Given: Interest rate = 5% Present value = $4,000 Period = 10 years

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

Q: ​$12,000 per quarter is invested in an account that earns a nominal annual interest rate of 12​%…

A: The question is based on the concept of Financial Management. Annuity refers to the series of equal…

Q: Find the accumulated value of an investment of $15,000 for 5 years at an interest rate of 1.45% if…

A: Present value = pv = $15,000Time = t = 5 YearsInterest rate = r = 1.45%

Q: You plan to invest your saving of $15 000 in the next 12 years with two phases: in the first 7 years…

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

Q: An ambitious saver plans to deposit $1,000 in a bank account starting 1 quarter from now and wants…

A: Future value : Future value is the value of a current asset at a future date based on a projected…

Q: 2. You deposit P25,000 annually for 6 years on an investment that has a rate of return of 5.2% per…

A: Future Value: The future value is the amount that will be received at the end of a certain period.…