Find how long will it take for money to triple at {0.05, m = 2}

Q: Your department is budgeting miscellaneous expenses for the next 5 years. Your best guess at the…

A: Expenses =$14500 per year Expenses are made at the end of the year. Inflation rate=3.9% MARR=15%

Q: Using the midpoint basis, and expressing the answer in fraction or integer format, calculate the…

A: Mid-point method Percentage change in price = [(P2 - P1) / ((P2 + P1)/2)]

Q: 4. Looking forward - Future value Compounding Interest You know that paying yourself by depositing…

A: The Future Value of an Annuity Factor is a mathematical factor used in financial computations to…

Q: Suppose you have an initial cash of $10000 and deposit it into a bank with a one year interest rate…

A:

Q: Alma borrowed some money from a friend two hundred and seventy-five days ago at a simple interest of…

A: Given  Interest rate (i)=12% F =P25000 We have to calculate the principal amount time =275

Q: one's salary is $100k per year, the interest rate is 0.5 % (bank's rate), and the withdrawal cost is…

A: The demand for money in monetary economics refers to the desire to hold financial assets in the form…

Q: Walter makes a sequence of annual deposits into an account paying an effective rate of interest of 9…

A: The first deposit a= $600Every next deposit is 150 larger than previous one d= $150Size of n =35th…

Q: What type of cash flow series would have a constant increase in regular cash flows? Select one: a.…

A: The sequence with which there is an increase in a set of numbers can be classified into various…

Q: 4. At what rate of simple interest will the sum of money double itself in 6 years. 5. Solve for F,…

A: Note:- Since we can only answer one question at a time, we'll answer the first one. Please repost…

Q: From the accompanying cash flow diagram, find the value of X that will establish economic…

A: here we calculate the value of X by using the given cashflow and other information and choose the…

Q: Suppose that your forecasted interest rates on one- year T-bill issued by Bangladesh Bank are 9.25%,…

A: The term structure of interest rates shows the interest rates of similar quality bonds at different…

Q: Suppose I deposit How much money will I have in the account at the end of 20 years? Á. much would I…

A: here we calculate how much money will be in the account by the following method as follow;

Q: Help me on this question. Its all one questuiojn

A: Step 1: To calculate the yields on 3-month T-bills for each of the prices provided in the table, we…

Q: You want to have no less than a million dollars in the bank when you retire. You think you can save…

A: Total Savings in the bank during retirement is $1000000Total savings this year is $5000The increment…

Q: Suppose that an oil well is expected to produce 1,200,000 barrels of oil during its first year in…

A: Production in the first year =1,200,000 barrelsThe subsequent production decreased by 9% per year…

Q: Josh wants to save for his college education. He plans to make equal monthly deposits for four…

A: Formula for the future value of an annuity is given as FV = A * [ (1+r)n - 1r]

Q: 4.Suppose a man receives an initial annual salary of ₱80,000, increasing at the rate of ₱6,000 a…

A: In economics, present value refers to the current value of a future stream of cash flow. Future…

Q: 1. Suppose that $100 is invested for five years at an interest rate of 8% per year, compounded…

A: "Since you have asked multiple questions, we will solve first question for you .. If you want any…

Q: 1. What is the amount of interest earned on $5,000 for eight years at 10% simple interest per year?

A: Since we only answer one question at a time, we will answer the first question. Please submit a new…

Q: Present value is the value in today's dollars of funds to be paid or received in the future. If the…

A: present value, also known as present discounted value, is the value of an expected income stream…

Q: Suppose Capital One is advertising a 60-month, 5.38% APR motorcycle loan. If you need to borrow $9,…

A: Loan amount = $9,400Monthly interest rate = Annual interest rate / 12 = 5.38% / 12 = 0.4483%Loan…

Q: Suppose that Tyler wants to buy a house and is thinking of using $20,000 that sits in a retirement…

A: In this case, we have to calculate the future value of $20,000 at an 8% rate of interest for 30…

Q: A person deposits 2500$ today in the bank and he wants to get double of this amount, if the interest…

A: Simple interest formula  : Interest = [Principal * Rate of interest * Number of years] / 100

Q: 1. Evaluate the 2nd-order partial derivative, fa, of the function f(x.x2. x3) + In(x2x3) X1 at the…

A: 1) f=(x23x3)/x1+ln(x2x3) f2=(3x22x3)/x1+x3/x2x3 f2=(3x22x3)/x1+1/x2 f23=3x22/x1 f23(3,2,0)=3(2)2/3…

Q: A certain property is being sold and the owner receives two bids. The first bidder offered to pay P…

A: The measure that depicts the current stream of income flows being discounted at a specified rate is…

Q: Simple Interest of $234.3 is owed on a loan of $575 after four years and four months. What is the…

A: “Since you have posted multiple questions, we will provide the solution only to the first five…

Q: Suppose you make an annual contribution of $5,000 to your savings account at the end of each year…

A: Future value can be calculated as follows: Future…

Q: Answer: Investment #2 is better by $7,855.88!, You have to choose between 2 investments. The first…

A: According to a set number of years and a certain discount rate, present value represents the value…

Q: Suppose a(t) = 0.0015 (t-3) + 0.042 (1-2)³ + 1.2145. Calculate values of a(t) and the effective rate…

A: The effective interest rate equation as: a(t)=0.0015(t-3)4+0.042(t-2)3+1.2145 The rate of interest…

Q: Define each of the following loan terms, and explain how they are related to one another: the prime…

A: Loan: It refers to the money that people takes from banks or from friends and relatives. The more…

Q: Please show work

A: The amount deposited 5 years ago is $1,000 and the amount deposited one year ago is $2,000.The…

Q: 5. Start saving for retirement immediately! Even a modest amount will add up in a hurry. Jay decides…

A: Above problem is a good example of annuity payments with geometric gradient , where  Annual Payment…

Q: Consider the compound interest equation B(t) = 100(1.1664)'. Assume that n = 2, and rewrite B(t) in…

A: Answer -

Q: Calculate the value of P corresponding to the following series, if the effective interest rate…

A: Year Cash Flow 0 0 1 90 2 80 3 70 4 60 5 50 6 40 7 50 8 60 9 70 10 80 11 90

Q: The total amount of money in an account with P dollars invested in it is given by the formula…

A: Given: P = $552 r = 9% or 0.09 t = 21 months or 21/12years

Q: 4) The sum of the present value of 1 paid at the end of n periods and 1 paid at the end of 2n…

A: The total of future investment returns discounted at a specific level of rate of return anticipation…

Q: In the country of Winterfell, the velocity of money is constant. GDP growth is 4% per year, the…

A:

Q: 1. How is the future related to the present value of a single sum? 2. How is the present value of a…

A: Since you have posted multiple questions, we will solve the first answer for you. If you want any…

Q: If you have $2,500 to invest and need to withdraw $4,430 at some time in the future, what is the…

A: Present value (PV) refers to the current value of a future amount of money, discounted at a specific…

Q: At what rate of interest compounded annually will an investment double in five years? Find the…

A: The formulae for compounding is A=P(1+r)t A: Accumulated wealth P: Principle payment r: Annual…

Q: 1) Use the "Rule of 72" to estimate the number of years required to quadruple (4 times) an original…

A: Note:  We’ll answer the first question since the exact one wasn’t specified. Please submit a new…

Q: Suraya is considering a few option for her saving future plans. Below are some of the…

A: Compound interest is the interest rate which calculated on the principal as well as previous…

Q: A worker saves $100 from each monthly paycheck in an account that pays a nominal interest rate of 9…

A: An ordinary annuity is a stream of periodic installments distributed over a predetermined amount of…