Calculate the exact interest: P=2000, r = 6.75%, t = 114 days Select the correct response: O 45.16 O 40.78 O 4216 O 41.64

Q: What is the present value of monthly payments of $400 for 5 years followed by monthly payments of…

A: First Monthly Payment = $400 Time Period = 5 years Second Monthly Payment = $800  Time Period = 10…

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A:

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Q: 8-2 Construct a choice table for interest rates from 0% A to 100% for two mutually exclusive…

A: IRR; Internal rate of return.  The internal rate of return is a method of representing the worth of…

Q: What is the PV of an ordinary annuity with 10 payments of $7,800 if the appropriate interest rate is…

A: Present value of ordinary annuity is computed as follows:-PV= A*wherePV= Present value of ordinary…

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A: Simple interest is based on the principal amount of borrowing or investment, it is not calculated on…

Q: What is the balance after 2 years on a CD with an initial investment of $3,500.00 and a 2% interest…

A: FV = PV* (1 + r / n)nt Where, PV = Present value FV = Future value r = Rate of interest (percentage…

Q: Enrichment Activily 3: Complete the following. D lo P1.250.00 5% 30 P2,150.00 6% 90 P5,120.00 8% 120…

A: Simple interest is one of the easy method of calculation of interest amount. Simple interest is…

Q: Find the future value of this loan: $20,862 at 11.4% for 14 months. Group of answer choices A.…

A: Given information : Present value = $20862 Interest rate = 11.4% Time period = 14 months

Q: What is the present value (PV) of $40, 000 received ten years from now; assuming the interest rate…

A: The objective of this question is to calculate the present value of a future sum of money. In this…

Q: 7G 7G 6G 5G 6G 4G 3G 2G G + 1 2 4 6. 7 8 EOY i = 15%/yr. Po + co 5 3.

A: The  Present Value of a cash stream: The equivalent current value of a sum of money to be received…

Q: Mathew has purchased an investment for $6,805.83.. He will receive $10,000 5 years from today. What…

A: For calculating IRR we will consider the current value and initial investment amount to compute the…

Q: Find the exact simple interest on P 1, 000.00 which was deposited on January 8, 1990 and to be…

A: Given: Principal = P1,000 Interest rate = 10% Date of deposit = January 8, 1990 date of withdraw =…

Q: ind the interest on 40,000 at 3.5% interest rate from October 11, 2020 to March 21, 2021  1.…

A: Note: Since we only answer up to 3 sub-parts, we’ll answer the first three subparts. Please resubmit…

Q: Find the present value PV of the given future value. (Round your answer to the nearest cent.)…

A: Present value = Future value * Discount factor at the given rate of interest for given time

Q: A. Complete the information below using Ordinary Simple Annuity. 1. R=P900 An= 21121.50 Sn =…

A: “Hi There, Thanks for posting the questions. As per our Q&A guidelines, must be answered only…

Q: Accumulate $2000 for 3 years at 7% simple interest. O I = $420; F = $2420 %3D %3D O 1= $4200; F=…

A: Amount (P) = $2000 n = 3 years r = 7%

Q: Use the compound interest formula A=​P(1+​r)^t and the given information to solve for r.…

A: We need to use compound interest formula to sove this problem A=P(1+r)t  Where P=principal r=rate of…

Q: Complete the annuity due for the following. (Do not round intermediate calculations. Round your…

A: The value of the annuity due is the present value of the annuity due. Present value is the current…

Q: How is the beginning value for the second year got from the table below

A:

Q: Complete the information below using Ordinary Simple Annuity. R= P4,120 An = Sn = t = m = 12 i =…

A: Ordinary annuity is regular payments  towards an investment or towards loan repayment or any other…

Q: Lynn Ally, owner of a local Subway shop, loaned $51,000 to Pete Hall to help him open a Subway…

A: Future Value: It represents the expected value of the current amount of the sum. It is computed by…

Q: Solve for the missing item in the following.      Principal Interest rate Time Simple interest…

A: Simple interest = principal *rate*Time /100

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A: Discounting is a technique through which present value of amount receive or pay in future is…

Q: An survival model is given by the survival function S, (z) = e 0.0008 Suppose a whole life insurance…

A: The survival function is given by:The benefit payable is $118250Compound interest rate,

Q: Find the interest on 4,570 at 5 %% from January 17, 1991 to July 7, 1991 using the Ordinary Interest…

A: Ordinary interest rate is the method of calculating the interest charged on the loan, based on a 360…

Q: Discount P6421 for 12.68 months at 8% simple interest. IN 2 decimal places. To discount the amount…

A: Discounting is related to the concept of time value of money. To discount means to find the present…

Q: What is the present value (PV) of $40, 000 received ten years from now; assuming the interest rate…

A: The objective of this question is to calculate the present value of a future sum of money. In this…

Q: Supply the missing items of the following simple interest table.

A: Formula of Simple Interest Rate is as follows: Simple Interest = Principal ×Rate×TimeAmount =…

Q: DR 1 Future Value 2 Interest Rate 3 Part a 4 Present Value 5 Part b Payment 7 Part c 8 Future Value…

A: You have a very specific doubt about an input used in calculation of PV and FV. We need to…

Q: If a $15,000 investment earns a 6 percent annual return, what should its value be after 4 years? Use…

A: Value after 4 years is $ 18,930/.Explanation:We can determine Value in 4 years using Future value…

Q: Use l = PRT to solve. (time is in years) %3D | = $300 P = $3,000 T = 0.5 years %3D Find R. [P]% %3D…

A: A method of computing interest amounts in which the compounding effect was not considered by the…

Q: You have been promised that if you invest in Asset X you would receive an amount of $1 S00 at the…

A: Perpetual Amount = 1500 Required Return = 18%

Q: ates, and time periods Using a present value table, your calcu puter program present value function,…

A: Note: Since you have posted a question with multiple subparts, we will solve the first three…

Q: If the initial cost is $3000 and i= 10% per year, PO= ? Select one: O a. $3000 O b. $4000 O c. $9000…

A: P0 means the price right now i.e. year 0. It means the price without taking in to effect of any…

Q: Give typing answer with explanation and conclusion Yourroommate let you borrow $161 to buy the PS5…

A: When the lender lends a loan to the borrower, he charges a rate of interest on the borrowed amount.…

Q: K If the risk-free rate of interest (rf) is 3.5%, then you should be indifferent between receiving…

A: Future Value is that amount which includes the interest earned on the investment. If we will…

Q: Complete the following using compound future value. (Use the Table provided.) Note: Do not round…

A: FUTURE VALUE Future Value is the Value of Present Cash Flow at any Future Date. Future value is the…

Q: Solve for the missing item in the following. Principal Interest rate Time Simple interest $400 5%…

A: Simple Interest is very easy to calculate. It calculates interest on the principal amount. It does…

Q: INSTEATRINDANN~~~~~≈¦¦¦¦¦¦¦++744 1 2 3 5 6 8 9 10 11 12 13 14 15 16 18 19 20 21 17 Year Payment…

A: The objective of the question is to compare two financial options, Option A and Option B, in terms…

Q: Q4.02. Calculating the future value of 1,250 compounded annually for Ja. 10 years at 6 percent. b.…

A: Future Value: Using an expected rate of growth, future value (FV) is defined as the worth of a…