A deposit of $730 earns interest rates of 9 percent in the first year and 12 percent in the second year.   What would be the second year future value? (Round your answer to 2 decimal places.)

Q: Q1: Calculate (PW) for annual payments (900$/year) if the first payment will deposit at the present…

A: PW is the present worth. The person is investing 900$ annually at the beginning of the year. The…

Q: What is the present value of a cash payment of $1.2 that you will receive in 5.3 years if the…

A: STEP 1 Given a certain rate of return, present value (PV) is the current value of a future financial…

Q: Give typing answer with explanation and conclusion A deposit of $450 earns the following interest…

A: If amount is deposited for 3 years with different interest rate for each year , then ,Future value…

Q: A deposit of $250 earns the following interest rates:   10 percent in the first year. 8 percent in…

A: Interest earned is the amount earned on the invested amount over the period of investment. It can be…

Q: How much will a $100 deposit made today be worth in 10 years if interest is compounded quarterly at…

A: Future value of the deposit includes the amount being deposited and amount of interest accumulated…

Q: For the follwing case, determine the  number of years it wll take for the intitial deposit to grow…

A: The number of years it will take to reach the target can be computed with the help of log function.

Q: Number of years needed to accumulate a future amount For the following case, determine the number of…

A: Initial Deposit = p = $300Future Value = fv = $1000Interest rate = r = 7%Time = n = ?

Q: What APR is being earned on a deposit of $5,000 made 10 years ago today if the deposit is worth…

A: The real interest that an investor earns on the investment and a borrower pays on loan after…

Q: Suppose that a perpetual annuity has a present value of $33 million. What interest rate r would…

A: Present Value = $33,000,000 Annual Payout = $1,800,000

Q: 9 A deposit of $720 earns interest rates of 8 percent in the first year and 11 percent in the…

A: Deposit amount (P) = $720 Interest rate in year 1 (r1) = 8% Interest rate in year 2 (r2) = 11%

Q: If the present value of $400 paid one year from now is $320, what is the one-year interest rate?

A: Interest refers to the amount charged by the lender on the lent amount. The borrower of the loan is…

Q: If $16800 is deposited in a savings account today, what amount will be available three years from…

A: Future value is an estimate of the future cash flows ​​that may be received at a future date,…

Q: At 8 percent interest rate per year (annual interest payment), how many years does it take to…

A: Answer: Calculation of the time it will take to quadruple the money: Formula, we will use here:…

Q: A deposit of $460 earns interest rates of 8.6 percent in the first year and 10.6 percent in the…

A: Future value represents the value of the investment at the future date.

Q: Question 1 What is the future value of $650 deposited for one year earning an 10 percent interest…

A: Future Value refers to the compounded value of a single cash flow received today or multiple cash…

Q: Choose the best answer Compute the future value in year 5 of a $2,000 deposit in year 1 and another…

A: The objective of the question is to calculate the future value of two deposits made at different…

Q: If the present value of an ordinary, 8-year annuity is $6,100 and interest rates are 8.0 percent,…

A: Present value of ordinary annuity = $6,100 Interest rate = 0.08 Present value of annuity due = ?

Q: what is the time zero or right now value of $400 ordinary perpetuity an interest rate of 7.5%

A: The objective of this question is to calculate the present value of an ordinary perpetuity. A…

Q: hat is the present value of a $2,800 deposit in year 4 and another $3,300 deposit at the end of year…

A: Present value refers to the present or current value of a desired sum of money which is evaluated on…

Q: Considering the following scenario. In years 0, 2, 4, 6, and 8, you deposit $750 in your savings…

A: The future value is the value that an investment or asset will have at a future point in time, based…

Q: Part B: Suppose a bank offers you a rate of 5% compounded quarterly. If you put $8,000 into this…

A: Given:Principal Amount (P): $8,000Rate (r): 5% per year = 0.05Time (t): 7 yearsNumber of Compounding…

Q: Suppose that the interest rate is 5 percent. Instructions: Enter your answers rounded to 2 decimal…

A: Future Value = Present Value * (1+r)^nWhere,r = rate of interest per periodn = no. of compounding…

Q: What's the present value of a $830 annuity payment over six years if interest rates are 10 percent?…

A: Given Annuity payment is $830 Term is 6 years Rate is 10%

Q: What is the future value of a $810 annuity payment over four years if interest rates are 8 percent?…

A: To calculate the future value we will use the below formula   Future value = P*[(1+r)n-1]/r Where P…

Q: QUESTION 5 What is the present value of an annuity (to nearest dollar) that will give you 25…

A: FORMULA USED FOR CALCULATING THE PRESENT VALUE OF ANNUITY IS AS FOLLOW : GIVEN: RATE = 10% NPER =…

Q: What is the future value of a $540 annuity payment over five years if interest rates are 9 percent?…

A: Given  Annuity payment is $540 Term is 5 years rate is 9%

Effective Interest Rate

The term interest rate can be defined as the amount that is charged by the lender as a percentage on the principal amount. Interest rate which is charged annually is known as annual percentage rate.