Compound interest at the end of 8 years. with a principal amount of 10,000 and an annual intrest rate of 5% and the interest is compounded monthly  what is the amount after 8 yea

Q: If $1, 200 grows to $1, 781 in 7 years, determine the interest rate over that period.

A: In the given question we require to calculate the interest rate which grows $1200 into $1781 in 7…

Q: 3. $1,000 at the beginning of each month, forever.

A: Payment Amount = $1,000 Interest Rate = 5%

Q: Find the compound amount for the following deposit. $19,000 at 6% compounded quarterly for 9 years.…

A: The compound interest function works on the principle that the interest earned per compounding…

Q: The principal amount is P7000 at 6% compounded bi-monthly. Compute for the interest after 9 years.

A: Total interest rate for 9 years= (1+r/n)t*n -1 Where, r = rate of interest = 0.06 n = number of…

Q: At what effective annual rate of interest i will a payment of $7,000 accumulate to $8,179.57 in 4…

A: An effective annual rate is defined as the rate of an interest, which is actually earned on…

Q: Using 12 percent simple interest per year, how much interest will be owed on aloan of $500 at the…

A: Interest Rate(R) = 12 Loan Amount(P)=$500 Years(T) = 2

Q: Calculate the FV of $100 000 at an interest rate of 5.65% p.a. at the                 end of 3 years…

A: Compound interest is the interest earned on the principal amount invested for a period of time…

Q: 1. Find the compound amount and interest if: a. P 45 000 is invested at 5% compounded quarterly for…

A: Compound interest is referred as the interest which is calculated on principal amount which involves…

Q: A debt of $1881 with interest at 9.34% compounded monthly is to be repaid by equal payments at the…

A: Given: Debt 1881 Interest rate 9.34% Years 5

Q: How much money will there be in an account at the end of 9 years if $14000 is deposited at 7%…

A: Interest: Interest is the amount of interest paid on the issue price of the notes by the issuer at…

Q: Find the compound amount for the following deposit. $16,000 at 5% compounded quarterly for 10 years.…

A: The future value (FV) of an investment is the value of the investment at a future point in time,…

Q: A sum of 45000 invested will provide payments of 500 each at the end of every 2 months for 7 years…

A: Compound interest is interest on interest.  In case of compound interest…

Q: Quarterly payments of $ 4,000 at the end of each term for 4 years. Interest rate = 7% compounded…

A: Quarterly payment (Q) = $4000 n = 4 years = 16 payments Interest rate = 7% per annum Let's calculate…

Q: Quarterly compounding implies that interest is compounded _  times per year.   You have deposited…

A: Compound = Semiannually = 2Present Value = pv = $96,780Interest rate = r = 8 / 2 = 4%Time = t = 8 *…

Q: If $300,000 is deposited at a rate of 12% compounded bimonthly, determine the compounded interest…

A: Note: It has been assumed that bi-monthly means something which has occurred once in two months.…

Q: A debt of $5000 with interest 5% compounded 6-monthly is amortized by equal annual semi payments…

A: Present value annuity @ 2.5% for 6 periods = 5.50813

Q: 5) Determine the present value at time 0 of payments of $1,000 at the start of each month for 5…

A: Present Value:  The present value is the value of cash flow stream or the fixed lump sum amount at…

Q: -A debt requires payments of $750 at the end of every three months for 8 years. Calculate the…

A: Interest charged on Debt: Interest is applied to practically all debts, and additional costs are…

Q: What is the present($) worth of two $100 payments at the end of third and fourth years if the annual…

A: The formula for the calculation of present worth is as follows: Present worth=Future…

Q: What is the present value of $3,000 invested at the end of each year for 7 years at a compound…

A: Present value of annuity formula.PV = A * wherePV = Present value of annuity A = periodic depositsr…

Q: What is the annual interest rate (APR) required for $22,500 to accumulate to $50,000 in 14 years…

A: Future value =Present value (1+r)n 14 years =28 semiannual period

Q: What is the compound interest and accumulated value of: 30,000 principal , 7% rate that is…

A: Compound Interest is the interest that is calculated on the initial principal plus the accumulated…

Q: what amount must be deposited today in order to make quaterly withdrawals of 300 for 15 years where…

A: The quarterly withdrawals are in the form of annuity and the amount that needs to be deposited today…

Q: Find the series of payments compound amount factor for an interest of 12% compounded continuously…

A: Given ,  i= 12% n=5

Q: Compound Interest If $10,000 is invested at 12%interest, compounded monthly, find the interestearned…

A: Step1: Introduction Compound Interest: It refers to interest payments that are made on the sum of…

Q: Ex. Find the amount and compound interest when Rs. 18,000 is invested for 4 years at 7% p.a. rate of…

A: Invested amount = Rs. 18,000 Interest rate = 7% Period = 4 Years

Q: A sum of $1,000 is deposited at 8% interest, compounded annually for 5 years. What is the future…

A: In this question we require to compute the future value of investment from the details given.

Q: What is the discounted value of ​$1513.00 paid at the end of every month for 7 years if interest is…

A: Present value The current worth of future cash flow is known as the present value. The present value…

Q: The effective rate of interest is 4% per annum. Calculate the value at the start of the payment…

A: Value of the annuity at the start of the payment stream with advance annual payment is calculated as…

Q: What will be the compound interest accrued on a sum of $3500 at the rate 8% in 2 years?

A: Given: Rate of interest (r)= 8% Time period = 2 years

Q: If $12,000 is invested at an interest rate of 10% per year, find the amount of the investment at the…

A: Given:

Q: hat is the future worth of P8500 deposited at the end of every month for 3 years if the interest is…

A: The future value of money includes the amount deposited and the interest accumulated over the period…

Q: Find the final amount of money in an account if $5,300 is deposited at 6.5% interest compound semi…

A: Initial deposit (I) = $5,300Semiannual interest rate (r) = 0.0325 (i.e. 0.065 / 2)Semiannual period…

Q: A deposit of $14625 earned interest at 5% compounded quarterly. After 3 years, the interest rate is…

A: The time value of money appears to be a concept that anybody may apply to compute the value of money…

Q: The annual interest rate, compounded annually, at which $510 must be invested for it to grow to…

A: Compound = AnnuallyPresent Value = pv = $510Future Value = fv = $1897.13Time = t = 12 years