Find the simple interest on a $2000 investment made for 4 years at an interest rate of 6%/year. What is the accumulated amount? (Round your answers to the nearest cent.) simple interest $  accumulated amount   $

Q: Use the formula for computing future value using compound interest to determine the value of an…

A: Future Value = Present Value x (1 + r)^n

Q: Current Attempt in Progress the present and future values of an income stream of $6000 a year for 25…

A: Income stream = $6000 Period = 25 years Interest rate = 4% compounded continuously

Q: Find the simple interest on a $2000 investment made for 5 years at an interest rate of 8% / year.…

A: Simple interest refers to the method of calculating interest earned on an investment where for each…

Q: What is the value now of an annuity that paysf $6,000 at the end of each of the next 92 years…

A: Present value of annuity is equivalent value of annuities that would give same cash flow based on…

Q: Intro You make a one-time investment of $400 and leave it for 5 years, earning an annual interest…

A:

Q: Find the missing values assuming continuously compounded interest. Initial…

A: Given Information: Initial investment  -  $500 Amount after 10 years -  $1,505.00

Q: You deposit $ 6,957 in an account that pays 1 % simple interest. How much do you have after 12…

A: Deposit amount (P) = $ 6,957 Interest rate (r) = 1% Period (t) = 12 Years

Q: 1. Using simple interest computations, find the future value of $3,620 at 2 3/8% for six years (by…

A: Hi, since there are multiple questions posted, we will answer the first question. If you want any…

Q: The present value of $4,000 at the end of two years at 7% interest is (if using present value…

A: Present Value is the current price of future value which will be received in near future at some…

Q: Complete the following using compound future value. (Round your answers to the nearest cent.)…

A: Here, Time period (NPER) = 15 years Principal amount (PV) = $16,300 Interest rate = 2% Compounded =…

Q: What is the future value of $11,000 invested for one year at an interest rate of 6% p.a.? a. $17000…

A: Given, PV = 11000 Rate = 6%

Q: How many year and how many days

A: The formula for calculation of future value is as under FV = P (1+ RT) P= Principal R = Rate of…

Q: Calculate the present value of $2,000 for each of the following: interest rate is 12%Show work the…

A: Step 1:a)We have to calculate the present value of the cash flow.Calculations are shown below: We…

Q: Use the following amortization chart: Selling price of home $ 99,000 Down payment $ 5,000 Principal…

A: The question is based on the concept of Annuity in Financial Management. Annuity refers to the…

Q: Solve for the missing item in the following.  Principal Interest rate Time  Simple interest $345 5%…

A:

Q: Part 1 a. Calculate P1+r12n and call this number A.   A=enter your response here ​(Round to two…

A: Time value of money (TVM) is used to measure the value of money at different point of time in the…

Q: Answer the following time value of money questions assuming the interest rate is 5 percent. a. What…

A: Present Value is the current price of future value which will be received in near future at some…

Q: Solve by using the present value formula. Round your answers (in $) to the nearest cent. Compound…

A: Compound interest: This interest is calculated on the amount that includes the principal plus the…

Q: how much have you accumulated after 20 years?

A: An annuity is the receipt or payment of a fixed amount over a fixed interval of time for a specified…

Q: Find the total monthly payment, including taxes and insurance, for the following loan. Term of…

A: A mortgage is a loan taken out for the purchase of real estate. The real estate being purchased acts…

Q: Calculate the present value of $2,000 for each of the following: interest rate is 12%Show work the…

A: The objective of this question is to calculate the present value of $2,000 for each of the following…

Q: $100 is deposited in the bank and remains in the account for three years, earning 6% per year with…

A: Here, Initial Deposit Amount is $100 Interest Rate is 6% Interest Method is Simple Interest Method.

Q: An investment offers to pay $600 quarterly for 21 years with an interest rate of 6%, how much is…

A: Present Value of annuity refers to the present value of all the future payments of and series of…

Q: Question What is the value, 6 years in the future, of $3,707 invested to earn an annual return of…

A: Answer 6.Answer 7.

Q: years. Manually calculate the compounded amount and the compounded interest of Aaron's investment.

A: Compound Interest: It is the interest on the investment or loan computed based on the initial…

Q: if you invest $1,000 today With a compound annual interest rate of 5 %. What is the total amount…

A: Future value of money refers to the value of money on a particular date in the future. In other…

Q: What is the future value of $14,000 invested for one year at an interest rate of 5% p.a.?

A: Future value (FV) is the technique to calculate the future value of a current investment at some…

Q: Concord Lou has just won the lottery and will receive an interest rate is 11%, what is the present…

A: The present value concept is widely used in various financial calculations, such as investment…

Q: Use the TVM Calculator to solve the following compound interest problem. Round your result to two…

A: Present Value ( PV ) = 14000 Future Value (FV) = 24262.99 Annual Rate  (r) = 9.2% Monthly Rate =…

Q: Using the following partial table of present value of $1 at compound interest, the present value of…

A: Present value is the present worth of the amount which is to be received in future by considering…

Q: find the final amount in this retirement account, in which the rate of return on the account and the…

A: Interest rate is 7.9% compounded quaterly for first 20 years Interest rate is 6.8% compounded…

Q: Find the present value of the given future amount.

A: Present Value: It represents the present value of the future sum of the amount. It is computed by…

Q: Required 1 Calculate the future value. On January 1, 2020, $30,000 is deposited into a savings…

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

Q: Use TVM keys, N, I/Y, PV, PMT, FV Crystal Nelson deposited $60 at the beginning of each month for 2…

A: Finally, calculate the future value: FV=60×26.42168≈1585.30 So, the future value of Crystal Nelson's…