How much should I invest today and expect a reimbursement every other month with a ROR of 0.08 compounded bi-monthly for 4 years? I expect to receive every other month an amount of 5,245.
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How much should I invest today and expect a reimbursement every other month with a ROR of 0.08 compounded bi-monthly for 4 years? I expect to receive every other month an amount of 5,245.
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Solved in 2 steps
- You want to invest $8,000 at an annual Interest rate of 8% that compounds annually for 12 years. Which table will help you determine the value of your account at the end of 12 years? A. future value of one dollar ($1) B. present value of one dollar ($1) C. future value of an ordinary annuity D. present value of an ordinary annuityHow much should I invest today and expect a reimbursement every other month with a ROR of 0.08 compounded bi-monthly for 4 years? i expect to receive every other month an amount of 5,245.If I invest 33,996 today and expect a reimbursement every 6 months with a ROR of 0.1 compounded semi-annually for 3 years. How much will I expect to receive every June and December of every year.
- If l invest 25,363 today and expect a reimbursement every 6 months with a ROR of 0.09 compounded semi- annually for 3 years. How much will I expect to receive every June and December of every year.If I invest P10,387 today and expect a reimbursement every 6 months with a rate of 11.54% compounded semi-annually for 3 years. How much will I expect to receive every June and December of every year.What must YOU invest today to receive an annuity of $4,500 for 10 years compounded at 8% quarterly when all withdrawals will be made at the end of each period?
- If you decide to deposit $480 every year for the next 6 years, with first deposit to be made one year from today and all deposits to be made at the end of each year, in an account that pays 4.62% APR with annual compounding, how much is this account worth in today's dollars?How much should be deposited into an account to set up an annuitv that will provide equal payments of $100per month over the next 4 years? The annuity will earn 4.8%/a compounded monthly.You expect to receive $1,000 at the end of each of the next 3 years. You will deposit these payments into an account that pays 8 percent compounded annually. What is the future value of these payments, that is, the value at the end of the third year?
- You expect to receive P1,000 at the end of each of the next 3 years. You will deposit these payments into an account which pays 10%, compounded semiannually. What is the future value of these payments, that is, the value at the end of the third year?You are set to receive an annual payment of $11,200 per year for the next 18 years. Assume the interest rate is 6.1 percent. How much more are the payments worth if they are received at the beginning of the year rather than the end of the year?You deposit $58000 into an account which pays 6% compounded annually. How much can you withdraw at the end of year forever?You can make annual withdrawls of $