How much should be invested now at 6.7% compounded semiannually to have $44,000 in 12 years

Q: How many years will it take for $136,000 to grow to be $468,000 if it is invested in an account with…

A: Number of years refers to the time period for which the investment is paid. Sometimes, the period of…

Q: How long will it take $2,000 to grow to $22,000 if it is invested at 4% compounded monthly? years…

A: As per concept of time value of money the worth of money changes with passage of time. This is…

Q: should be invested now into an 8% per annum interest-bearing account, compounded ye

A: The given problem can be solved using PV function in excel. PV function computes present worth for…

Q: how much will a single investment of $10,000 be worth in 10 years

A: Time value of money(TVM) means that the amount of money received in the present period will have…

Q: ​$12,000 per quarter is invested in an account that earns a nominal annual interest rate of 12​%…

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

Q: What is the maximum amount you should pay today for an investment that pays a single future cash…

A: Future cash flow (FV) = $25000 Interest rate = 2% Semi annual interest rate (r) = 2%/2 = 1% Period =…

Q: uppose that $5000 is invested each quarter, for the next 20 years. what is the future worth if the…

A: An annuity is a sum of series of payments after every year or after every quarter. An annuity can be…

Q: How much will $15 000 amount to if invested for 3 years at 9%?

A: It is a case where calculating a future value of an investment is required. It is the application of…

Q: What is the minimum number of years that an investment costing $500,000 must return $65,000 per year…

A: The objective of the question is to find out the minimum number of years required for an investment…