Complete the following using compound future value. (Use the Table provided.)Time6 monthsPrincipal$ 15,000RateCompounded6% SemiannuallyAmountInterest Future value interest factor of $1 per period at i% for n periods, FVIF(i,n).Period 0.5% 1.0% 1.5% 2.0% | 2.5% | 3.0 % | 3.5% 4.0% 4.5% 5.0% 5.5% 6.0% 6.5% 7.0%10.0%1.0050 1.0100 1.01501.10001.0100 1.0201 1.03021.0151 1.0303 1.04571.21001.33101.46411.61051.02021.02531.77167.5% 8.0%8.5% 9.0% 9.5%1.0200 1.0250 1.0300 1.0350 1.0400 1.0450 1.0500 1.0550 1.0600 1.0650 1.0700 1.0750 1.0800 1.0850 1.0900 1.09501.0404 1.0506 1.0609 1.0712 1.0816 1.0920 1.1025 1.1130 1.1236 1.1342 1.1449 1.1556 1.1664 1.1772 1.1881 1.19901.0612 1.0769 1.0927 1.1087 1.1249 1.1412 1.1576 1.1742 1.1910 1.2079 1.2250 1.2423 1.25.97 1.2773 1.2950 1.31291.0406 1.0614 1.0824 1.1038 1.1255 1.1475 1.1699 1.1925 1.2155 1.2388 1.2625 1.2865 1.3108 1.3355 1.3605 1.3859 1.4116 1.43771.0510 1.0773 1.1041 1.1314 1.1593 1.1877 1.2167 1.2462 1.2763 1.3070 1.3382 1.3701 1.4026 1.4356 1.4693 1.5037 1.5386 1.57421.0304 1.0615 1.0934 1.1262 1.1597 1.1941 1.2293 1.2653 1.3023 1.3401 1.3788 1.4185 1.4591 1.5007 1.5433 1.5869 1.6315 1.6771 1.72381.0355 1.0721 1.1098 1.1487 1.1887 1.2299 1.2723 1.3159 1.3609 1.4071 1.4547 1.5036 1.5540 1.6058 1.6590 1.7138 1.7701 1.8280 1.8876 1.94871.0407 1.0829 1.1265 1.1717 1.2184 1.2668 1.3168 1.3686 1.4221 1.4775 1.5347 1.5938 1.6550 1.7182 1.7835 1.85.09 1.9206 1.9926 2.0669 2.14361.0459 1.0937 1.1434 1.1951 1.2489 1.3048 1.3629 1.4233 1.4861 1.5513 1.6191 1.6895 1.7626 1.8385 1.9172 1.9990 2.0839 2.1719 2.2632 2.35791.0511 1.1046 1.1605 1.2190 1.2801 1.3439 1.4106 1.4802 1.5530 1.6289 1.7081 1.7908 1.8771 1.9672 2.0610 2.1589 2.2610 2.3674 2.4782 2.59371.0564 1.1157 1.1779 1.2434 1.3121 1.3842 1.4600 1.5395 1.6229 1.7103 1.8021 1.8983 1.9992 2.1049 2.2156 2.3316 2.4532 2.5804 2.7137 2.85311.0617 1.1268 1.1956 1.2682 1.3449 1.4258 1.5111 1.6010 1.6959 1.7959 1.9012 2.0122 2.1291 2.2522 2.3818 2.5182 2.6617 2.8127 2.9715 3.13841.0670 1.1381 1.2136 1.2936 1.3785 1.4685 1.5640 1.6651 1.7722 1.8856 2.0058 2.1329 2.2675 2.4098 2.5604 2.7196 2.8879 3.0658 3.2537 3.45231.0723 1.1495 1.2318 1.3195 1.4130 1.5126 1.6187 1.7317 1.8519 1.9799 2.1161 2.2609 2.4149 2.5785 2.7524 2.9372 3.1334 3.3417 3.5629 3.79751.2502 1.3459 1.4483 1.5580 1.6753 1.8009 1.9353 2.0789 2.2325 2.3966 2.5718 2.7590 2.9589 3.1T22 3.3997 3.6425 3.9013 4.17721.2690 1.3728 1.4845 1.6047 1.7340 1.8730 2.0224 2.1829 2.3553 2.5404 2.7390 2.9522 3.1808 3.42:59 3.6887 3.9703 4.2719 4.59501.2880 1.4002 1.5216 1.6528 1.7947 1.9479 2.1134 2.2920 2.4848 2.6928 2.9170 3.1588 3.4194 3.7000 4.0023 4.3276 4.6778 5.05451.0939 1.1961 1.3073 1.4282 1.5597 1.7024 1.8575 2.0258 2.2085 2.4066 2.6215 2.8543 3.1067 3.3799 3.6758 3.9960 4.3425 4.7171 5.1222 5.55991.0994 1.2081 1.3270 1.4568 1.5987 1.7535 1.9225 2.1068 2.3079 2.5270 2.7656 3.0256 3.3086 3.6165 3.9515 4.3157 4.7116 5.1417 5.6088 6.11591.1049 1.2202 1.3469 1.4859 1.6386 1.8061 1.9898 2.1911 2.4117 2.6533 2.9178 3.2071 3.5236 3.8697 4.2479 4.6610 5.1120 5.6044 6.1416 6.72751.1104 1.2324 1.3671 1.5157 1.6796 1.8603 2.0594 2.2788 2.5202 2.7860 3.0782 3.3996 3.7527 4.1406 4.5664 5.03:38 5.5466 6.1088 6.7251 7.40021.1160 1.2447 1.3876 1.5460 1.7216 1.9161 2.1315 2.3699 2.6337 2.9253 3.2475 3.6035 3.9966 4.4304 4.9089 5.43.65 6.0180 6.6586 7.3639 8.14031.1216 1.2572 1.4084 1.5769 1.7646 1.9736 2.2061 2.4647 2.7522 3.0715 3.4262 3.8197 4.2564 4.7405 5.2771 5.8715 6.5296 7.2579 8.0635 8.95431.1272 1.2697 1.4295 1.6084 1.8087 2.0328 2.2833 2.5633 2.8760 3.2251 3.6146 4.0489 4.5331 5.0724 5.6729 6.3412 7.0846 7.9111 8.8296 9.84971.1328 1.2824 1.4509 1.6406 1.8539 2:0938 2.3632 2.6658 3.0054 3.3864 3.8134 4.2919 4.8277 5.4274 6.0983 6.8485 7.6868 8.6231 9.6684 10.83471.1385 1.2953 1.4727 1.6734 1.9003 2.1566 2.4460 2.7725 3.1407 3.5557 4.0231 4.5494 5.1415 5.8074 6.5557 7.3964 8.3401 9.3992 10.5869 11.91821.1442 1.3082 1.4948 1.7069 1.9478 2.2213 2.5316 2.8834 3.2820 3.7335 4.2444 4.8223 5.4757 6.2139 7.0474 7.9881 9.0490 10.2451 11.5926 13.11001.1499 1.3213 1.5172 1.7410 1.9965 2.2879 2.6202 2.9987 3.4297 3.9201 4.4778 5.1117 5.8316 6.6488 7.5759 8.62'71 9.8182 11.1671 12.6939 14.42101.1556 1.3345 1.5400 1.7758 2.0464 2.3566 2.7119 3.1187 3.5840 4.1161 4.7241 5.4184 6.2107 7.1143 8.1441 9.3173 10.6528 12.1722 13.8998 15.86311.1614 1.3478 1.5631 1.8114 2.0976 2.4273 2.8068 3.2434 3.7453 4.3219 4.9840 5.7435 6.6144 7.6123 8.7550 10.06Â 27 11.5583 13.2677 15.2203 17.44941.0777 1.16101.0831 1.17261.0885 | 1.1843123456789101112131415161718192021222324252627282930

FUTURE VALUE Future value is the value of an asset at a specific date. Future Value is the Value…

Answered: Complete the following using compound…

Complete the following using compound future value. (Use the Table provided.) Time 6 months Principal $ 15,000 Rate Compounded 6% Semiannually Amount Interest

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

Find the present value of the following ordinary annuity. Payment Term Interest Interval Rate Periodic Payment $2600 3 months The present value is $? 6 years 4% Conversion Period monthly
Principal: $17,000 Interest rate: 8% Compounded Quarterly Calculate the effective rate (APY) of interest for 1 year. (Use the Table provided.) (Do not round intermediate calculations. Round your final answer to the nearest hundredth percent.) Effective rate %
Give typing answer with explanation and conclusion
Find the future value of the ordinary annuity. PMT= $2500, i = 7.4% interest compounded quarterly for 15 years A. $270,775.36 B. $405,910.50 C. $64,792.52 D. $398,537.55
Determine the nominal annual rate of interest of the following ordinary general annuity. Periodic Term Conversion Period Payment $81 semi-annually Present Value $1700 Payment Interval 3 months SCCCS The nominal annual rate of interest is (Round to two decimal places as needed.) 7 years % compounded semi-annually.
subject : finance
Using Table 11-1, calculate the compound amount and compound interest (in $) for the investment. (Round your answers to the nearest cent.) Time Nominal Interest Compound Compound Principal Period (years) Rate (%) Compounded Amount Interest $8,000 4 12 annually Ex Enter a number.
Find the compound amount for the deposit and the amount of interest earned. $8800 at 4% compounded quarterly for 3 years .... The compound amount after 3 yeara is $ (Do not round until the final answer. Then round to the nearest cent as needed.)
K Calculate the total interest and principal portions for the series of monthly payments of $166.95 that occur during year 7, for an ordinary annuity of $13,500 with 8.5% interest compounded quarterly for 10 years. Round your answers to two decimal places. Principal Number Interest Number
Complete the following using compound future value. (Use the Table provided.) Time Principal Rate Compounded Amount Interest 6 months $15,000 6 % Semiannually
Determine the nominal annual rate of interest of the following ordinary general annuity. Term Conversion Period Present Value Periodic Payment Payment Interval $4600 $787.91 1 year 9 years monthly The nominal annual rate of interest is (Round to two decimal places as needed.) % compounded monthly.
Please calculate the rate used, present value factor used, present value of amount desired at end of period with the present value interest factor chart. Thank you! $6,000 3% 8years compounded semiannually 16 periods