Hamilton wants to accumulate ₺ 24.000 at the end of 4 years. It starts quarterly payments in a bank account which pays J4= 6% (annual interest rate with quarterly compounding). a) Find the size of quarterly payments ? b) If, after 2 years, bank switches the rate to J4= 8%, what would be the size of quarterly payments for last 2 years required to meet the ₺15.000 goal?

Q: Suppose you deposit $469 per week in a bank account for 5 years. The interest rate(APR) is 7.2%,…

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A: 1. Calculate the future value of amount deposited today (FV1) by the future value formula. The…

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Q: You owe the Bank of US $700 in one year, $900 in 3 years, and $1200 in 6 years. How much would it…

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A: The present value of future value is the amount without including interest.

Q: Your bank pays 2.9% interest per year. You put $1,500 in the bank today and $550 more in the bank in…

A: The amount is two years will be the future value of the deposits made at times 0 and 1.FV=…

Q: Hamilton wants to accumulate ₺ 24.000 at the end of 4 years. It starts quarterly payments in a bank…

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

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Q: Use the model 4-Pe" or 4-P(1+)".- where is the future value of P dollars invested at interest rate r…

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Q: Suppose you want to have $7,876 for a vacation in the future. What will be the estimated total you…

A: future value formula: future value = present value ×1+rateyear future value of annuity…

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A: "Since you posted multiple questions, we will solve the first question for you as per guidelines.…

Q: a. A consumer loan worth ₱75,000 is to be repaid in two years at 6% compounded monthly. What is the…

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Q: How much should be deposited now into an account earning 8.4 % interest per year, compounded every 6…

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Q: 7. If you want to collect ¢ 5,000,000 in 4 years and for this you make deposits every end of the…

A: N = 4*12 FV = 5,000,000 rate = 18%/12 PV = 0 use PMT function in Excel value of deposit before…

Q: You just deposited $8,000 in a bank account that pays a 4.0% nominal interest rate, compounded…

A: Future value refers to the compounded value of all future cash flows for the time period provided.…

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A: in this you have to find out future value FACTOR and find quarterly payment.

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A: Deposited amount = P100,000 Interest rate = 7% Time period = 6 years Inflation rate = 6.75%

Q: If you borrow $24398 with an annual rate of 9% compounded monthly and make a payment of $282 every…

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Q: you want to be able to withdraw $30000 each year for 20 years. Your account earns 9% interest. a)…

A: In the provided scenario, PMT = $30,000 Period is of 20 years, and  Rate is 9%.

Q: P = ? 2.000.000 6 8.000.000 12 6.000.000 14

A:

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A: present value formula: present value =future value1+ratetime

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A: The effective annual rate (EAR) can be calculated using the formula,

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Q: Problem 1 . Suppose that a borrower receives a 1,000 euro loan from Bank A, with a 10-year maturity…

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

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Q: You want to be able to withdraw $30,000 each year for 15 years. Your account earns 5% interest. a)…

A: Periodic Withdrawal = $30,000 Time Period = 15 Years Interest Rate = 5%