How much compound interest is earned on a 6.5-year investment that has a rate of return of 6%compounded quarterly and repays a total compound amount (future value) of$9,600?

Q: What is the accumulated value of the 5000 TL investment at the end of each year with 3% interest…

A: The accumulated value is calculated as future value of annuity

Q: An investment pays you 9% interest, compounded quarterly. What is the periodic rate of interest?…

A: Using excel effective rate of interest function

Q: What is the future value of $3,100 in 17 years assuming an interest rate of 8.4 percent compounded…

A: Given,Present Value (PV) = $3,100Rate of Interest (r) = 8.4% or 0.084Time Period (t) = 17 yearsType…

Q: 4. If P3,200 is invested for 1 year at 9% compounded monthly, what is the compound interest on the…

A: In this question, we are required to compute the compound interest.   Compound interest: Compound…

Q: An investment of $4838.57 earns interest at 4.9% per annum compounded annually for 2 years. At that…

A: Future value can be calculated usingFV (rate, nper, pmt, [Pv], [type])Rate The interest rateNper…

Q: What are the future value and the interest earned if $3800 is invested for 7 years at 8% compounded…

A: Step 1 Future Value The value of an asset at a future date is its future value. It is the present…

Q: 8) Suppose an investment of $5.750.00 paying 6.5% nominal rate compounded semi-annually has a term…

A: Compound interest refers to an amount that is to be paid in addition with the principal amount or…

Q: How much is the amount of interest on a loan of $12330.7 that is borrowed today and is to be repaid…

A: Future value refers to the value of a current asset on some future date affected by the interest…

Q: What is the future value of $3,100 in 17 years assuming an interest rate of 8.4 percent compounded…

A: The future value concept refers to the value of money in the future when it is kept as savings or…

Q: Find the simple interest on a $1700 investment made for 2 years at an interest rate of 6% / year…

A: Simple interest is a simple method of calculating interest on principal for a specified period of…

Q: The income stream b = (1000, 1500, 2500, 4000) consists of payments made at the end of the next four…

A: The present value is calculated by discounting the cash flows at an appropriate discount rate for a…

Q: What present value amounts to $23,513.44 if it is invested for 6 years at 10% compounded quarterly?

A: Present value is the estimation of the current value of future cash value which is likely to be…

Q: Find the accumulated value of an investment of $15,000 for 4 years at an interest rate of 4.5% if…

A: Compound interest is responsible to accelerates the growth of money. It grows an amount of money…

Q: If money is invested at 6% per year, after approximately how many years will the interest earned be…

A: The time value of money is the concept that money available today is worth more than the same amount…

Q: Assume that $464.03 invested today will grow to $8,106.65 at the end of 47 quarters. Determine the…

A: Initial investment=$464.03Future value=8106.65Period=47 quarters

Q: What are the future value and the interest earned if $2800 is invested for 3 years at 8% compounded…

A: INTEREST RATE (8%/4) 2.00% PERIOD  (3*4) 12 PMT  0 PRESENT VALUE $2,800

Q: What is the present value of an investment in which the interest rate is 3.9% per year, compounded…

A: The time value of money is the idea that the value of money received today will be more worthy than…

Q: what is the average EAR on an investment that earns 6% APR with monthly compounding for 5 years,…

A: The EAR is calculated for the compounded interest which shows the single rate that will provide same…

Q: if total interest earned on an investment at 2.6% compounded monthly for 3.5 years was $618.55, what…

A: Solution:When an amount is invested somewhere, it earns interest on it. The amount initially…

Q: What is the present value or Principal

A: Time value of money means that the money the money that we receive today will be worth more than…

Q: Assume that you invest $1000 for 15 years in an account that pays an interest rate of 7% per year…

A: Account value at the end of 15 years (if interest is calculated only on principal amount) is…

Q: Using the compound interest formula, calculate both the value of the investment and the interest…

A: Investment amount (PV) = $4000.00 Period = 5 Years Semi annual period (n) = 5*2 = 10 Interest rate =…

Q: What is the future value of $537 to be deposited today into an account paying 8.0% compounded semi-…

A: Present value is an estimate of the present value of future cash values ​​that may be received at a…

Q: What are the future value and the interest earned if $3800 is invested for 6 years at 8% compounded…

A: Time value of money is a concept where interest component for time period is considered. We can…