How much money would you have had to invest on 1/1/2010 in a savings account that yields 1% interest (compounded annually) to have $100 on 1/1/2013? $100.00 $98.03 $97.00 $98.00 $97.06 O O

Q: How do you calculate 2/10 net 30 on $112,000

A: Note: 2/10, n/30: Here, 2 represent the discount rate if payment is made within ten days. And if…

Q: What is the value in the year 2045 of a $200 a year annuity with the first payment in 2025 and the…

A: Periodic payment, P = $200 Number of periods, n = 16 years (2025 to 2040) Interest rate, r = 6% The…

Q: What is the present value of $14,000 to be received in one year if the interest rate is 8% p.a.? a.…

A: Using excel PV function

Q: How much do you have to deposit now in your savings account that earns a 6% compound annual interest…

A: pv=fv1+rn pv=present value fv=future value r=rate of interest n=number of years

Q: Imagine you deposited $500 in a savings account that had an annual interest rate of 5% for 5 years.…

A:

Q: Hello! Please help me with as much of this as you can. Thank you! Present Value of an Annuity of $1…

A: Net Present Value = Present Value of Cash Inflows - Initial Investment Cash Payback = Initial…

Q: 10. You are saving for retirement. To live comfortably, you decide you will need to save $1 million…

A: Annual deposit is calculated using following equationAnnual deposit = Where, FV is future value of…

Q: You owe your parents $15,000 (in present day dollars) and want to repay them in equal amounts the…

A: Present value = $ 15,000 Annual interest rate = 10.6% Number of compounding per year = 12 First…

Q: You just switched from a savings account that paid 4% to one that pays 5%. If you have $75,000 in…

A: Compound interest is when you earn interest not just on your initial amount but also on the interest…

Q: If you made $500 after investing $1500 in a bank CD for 5nyears, what percent simple interest did…

A: Interest rate can be calculated by dividing amount earned with total amount of investment.

Q: If you have $586 today and you think you can earn an interest rate of 6% per year, how many years…

A: To calculate the number of years it would take for your initial amount of $586 to grow to $982 with…

Q: What is the future value of $10,000 invest today in a savings account with an interest rate of 12%…

A: An amount deposited in the account earns interest for the duration of the investment. The amount…

Q: What principal you have to deposit in a 4.5% savings account compounded continuously in order to…

A: Time value of money (TVM) refers to the concept which proves that the value of money today is higher…

Q: Present Value of an Annuity-If the interest rate is 12%, how much would you have to put in the bank…

A: Interest rate = 12%Term = 5 YearsAnnual payment = $100

Q: You deposit $2,000 one year and $1000 next year starting year 1 until year 30 with an interest rate…

A: The given problem is calculated using Excel. Interest amount = Opening balance X interest rate…

Q: If you deposit RM15,00O in an account earning 18% with quartely compounding how much would you have…

A: Using the future value function in excel

Q: How much is there in a savings account in 2 year we deposit $5,000 now at a rate of 0.25% per month…

A: We need to compute the future value of $5,000 after 2years, Formula for same is : = A ( 1 + r)n Rate…

Q: 1.1 Suppose you received R1000 from your grandparents on your 18th birthday, which was 17 years ago.…

A: Savings account earn compound interest. To calculate final account balance we can use the formula…

Q: What is the present discounted value of $400 to be received one year from now plus $500 to be…

A: Present value  = amount to be received in future/(1+r)^n where r is the discount rate (or 4%) and n…

Q: 141,919.03 to

A: must be found out. There are two kinds of deposit one is deposited today, and another at the…

Q: How much money should be deposited today in an account that earns 8.5% compounded monthly so that it…

A: The concept of time value of money will be used here. As per the concept of time value of money the…

Q: You have $1,000 today in your savings account. How long must you wait for your savings to be worth…

A: Part-1) Present Value is $1,000 The future Value is $2,000 The interest rate is 0.25% compounded…

Q: 1. If you deposit money today in an account that pays 6.5% annual interest, how long will it take to…

A: Future value is the value of cash in future at a particular date.Let us assume if person X has…

Q: If you wish to withdraw the annual payment series in the figure below, how much do you need to…

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

Q: What annual payment must you receive in order to earn a 6.5% rate of return on a perpetuity that has…

A: The objective of the question is to find out the annual payment that one must receive to earn a 6.5%…

Q: Consider a zero-coupon bond with a $1,000 face value and 10 years left until maturity. If the YTM of…

A: 1) Face value = FV = $1,000Period = nper = 10 yearsInterest rate = rate = 6.7%2) Future value = FV =…

Q: 9 A deposit of $720 earns interest rates of 8 percent in the first year and 11 percent in the…

A: Deposit amount (P) = $720 Interest rate in year 1 (r1) = 8% Interest rate in year 2 (r2) = 11%

Q: Suppose you buy car for $67,000 today with an interest rate of 12% over 5 years what is your monthly…

A: Time value of money is a financial concept which is used to calculate the value of money in present…

Q: If $35000 is put in a savings account paying interest of 5% compounded annually, what amount will be…

A: The future value of the invested amount is determined after compounded the interest accrued with the…

Q: . Simple Interest Solve the following Problem 1. A man borrowed P45,000 from a lending institution…

A: Simple interest is the rate of interest calculated on the principal amount at the percentage which…

Q: If you deposit OMR 5000 in your account in a bank; if your bank pays 9.05% interest, how much will…

A: future value = present value *(1+rate)^n future value = 5000 * 1.090515

Q: How long will it take $47,000 placed in a savings account at 10% interest to grow into $72,000? OA.…

A: Future value of money is the amount of deposit done and amount of compounded interest accumulated…

Q: Suppose that you deposited $1000 in your savings account that earns 10% annual interest. How much…

A: Present Value in account = $1000 Annual interest rate = 10%  Time period = 3 years

Q: How much money do you need today to ensure that you will have $18000 in 4 years, assuming you can…

A: The present value of money is the amount that a future cash flow is worth today, taking into account…

Q: What's the present value of a perpetuity

A: Perpetuity means a series of equal infinite cashflows, that occur at end of each period with…

Q: If $16800 is deposited in a savings account today, what amount will be available three years from…

A: Future value is an estimate of the future cash flows ​​that may be received at a future date,…

Q: None

A: Option c: This option is correct. Step 1:We have to calculate the present value of the amount to be…

Q: You received a $1 savings account earning 6% on your 2nd birthday. How much will you have in the…

A: We need to use compound interest formula to calculate amount of monet at 30th birthday A=P(1+i)n…

Q: How much money (to the nearest dollar) will you need to deposit in an account now in order to have…

A: Present value is the sum of the current value of money of future cash flows. It is also known as a…