Complete the table below giving the amount P that must be invested at interest rate 11.5 % compound continuously to obtain a balance of A =$ 170000 in t years. Round your answer to the nearest cent or two decimal places. 1 10 20 30 40 50

Q: Complete the table below giving the principal P that must be invested at interest rate 10.5 %…

A: The Principal value is given as: P = A / (1+r/n)nt where, A = amount after t years r = compounding…

Q: Use the following time value of money tables for Questions 1-4. Round answers to the nearest dollar.…

A: Solution: Amount deposited to saving account = $3,000 Interest rate = 6% Period = 3 Years

Q: Give the number of periods, n, and the interest rate per period, i, for the following situation.…

A: n = number of periods i = interest rate per period

Q: Calculate the simple interest rate. (Round your answer to one decimal place.) P = $2400, I = $60, t…

A: Simple interest = Amount*rate*time in years

Q: am. 136.

A: Let's solve each part of the problem:1. **Present Value of the Annuity:**  We can use the present…

Q: he principal is borrowed at a simple interest rate r for a period of time t. Find the simple…

A: Simple interest is a straightforward method of calculating interest based on a fixed percentage of…

Q: If the annual interest rate is 7%, what is the monthly interest rate that would be used as the "r"…

A: Time value of money (TVM) refers to the method used to measure the amount of money at different…

Q: Calculate the simple interest rate. (Round your answer to one decimal place.) P = $4300, I = $660,…

A: Simple interest is the interest calculated on the principal amount over some time whereas compound…

Q: Using Table 11-1, calculate the compound amount and compound interest (in $) for the investment.…

A: Information Provided: Principal = $8000 TIme = 4 years Nominal rate = 11% Compounding = Annually

Q: Compute the present value of an annuity of $ 632 per year for 24 years, given a discount rate of 10…

A: The current worth of future annuities can be determined by using the PV formula function in the…

Q: To accumulate 103,404,000 at the end of 9n years, deposits of 45,007 are made at the end of each of…

A: Required:Determine the interest rate, i.

Q: At 7.24% interest, how long does it take (in years) to quadruple your money. Answer to two decimals.

A: The concept of TVM refers to the interest-earning capacity of money because money earned earlier is…

Q: What is the value today of a money machine that will pay $1,321.00 per year for 11.00 years? Assume…

A: The concept of time value of money will be used here. To compute the future value we compound the…

Q: Calculate the present value (principal) and the compound interest (in $). Use Table 11-2. Round your…

A: Compound amount = $ 200,000 Annual interest rate = 4% Period = 10 Years

Q: Assume you make a deposit of $7,500 now into a saving account that pays 12% per year, compounded…

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

Q: Find the principal P that corresponds to the future value F = $10,000 under r = 5.2% interest…

A: To calculate principal P, we need to use time value of money formulae.

Q: Find the accumulated amount A if the principal P is invested at the interest rate of r/year for t…

A: Principal amount (P) = $43,000 Interest rate (r) = 9 3/4% = 9.75% Period (t) = 9 Years Compounding…

Q: When interest is compounded continuously, the amount of money increases at a rate proportional to…

A: Here,Deposit Amount is $6,000Time Period is 3 yearsInterest Rate is 5.75%Compounding Period is…

Q: All other things being equal, the numerical difference between a present and a future value…

A: The infusion of money into multiple alternatives available indicates an investment. An investor…

Q: If you were to use the TVM Solver to determine how much money would be in an account (that earns…

A: Future value(FV) is value of current amount at future date that is computed by compounding current…

Q: Compound Interest $2000 is invested in an account at interest rate r, compounded continuously. Find…

A: Initial investment (P) = $2000 Final amount needed (F) = $4000

Q: Using the rule of 72, calculate how quickly $10,000 will double to $20,000 at interest rates of 2…

A: At 2% interest rate: Number of periods = 72 / interest rate Number of periods = 72 / 2% Number of…

Q: If $525$⁢525 is invested at 14%14%, how much money will be in the account after 3030 months? Round…

A: An amount is the total payments received after a period of time for which it is borrowed.

Q: Assume that time is measured in years and that interest rates are constant. A cashflow of amount…

A: Annual cashflow (CF) = £1000 Total duration (n) = 20 years Interest rate (r) = 7.3%

Q: Suppose you deposit $ 1296 today and your account will accumulate to $ 5637 in 9 years. What is the…

A: Maturity Amount, A  = $ 5637Principal deposited, P = $ 1,296Time period, T = 9 years

Q: 6. Determine the accumulated balance: $1200 invested in an account that cams interest at an APR of…

A: Future value of the investment  that is compounded continuously can be calculated using the…

Q: Complete the table below giving the amount P that must be invested at interest rate 7 % compounded…

A: A study that proves that the future worth of the money is lower than its current value due to…

Q: Calculate the simple interest rate when P=$3600 , I=_160 and t=4 months. Round to the nearest…

A: Compounding is the interest charged on interest. When any investment is made for certain years, the…

Q: Using Table 11-1, calculate the compound amount and compound interest (in $) for the investment.…

A: We need to use following equation to solve this problem with the help of table given below Compound…

Q: You put $7,364 in the bank for 13 years at 7%. Using the Future Value of 1 Table, what factor would…

A: when the investment is made by the person or the company there is the growth in investment over the…

Q: Present Value Years Interest Rate Future Value NKr 560 10% NKr 1,284 810 4,341 18,400 15 364,518…

A: according to time value of money: future value = present value ×1+rnwhere,r=interest raten=number of…