Calculate the accumulated amount in each investment after 40 years.

Q: Determine the amount of time in years it takes 54,000.00 invested at 6.5% per annum to grow to…

A: The number of years required can be calculated with the help of future value function

Q: Which of the following would generate the greatest value at the end of 10 years? $100 invested at 8%…

A: Future value is that amount which will be require to paid at some specified period of time. It…

Q: a. How long will it take an investment to double in value if the interest rate is 3% compounded…

A: Here, Present value (PV) = 1 Future value (FV) = 2 Interest rate = 3% No. of compounding periods =…

Q: How long will it take a $85,900 investment to grow to $123,760 if money earns 3.51% compounded…

A: The FV of an asset refers to its value at a particular future time assuming that it grows at a fixed…

Q: $2,000 is invested for 11 years with an APR of 3.68% and monthly compounding. The balance in the…

A: The future value is calculated using the formula,

Q: Money is invested at 11.94% p.a. compounded semi-annually for 43 months. What is the numerical value…

A: Part 2: Explanation:Step 1: Determine the effective interest rate per compounding period.Given that…

Q: Use Table 11-1 to calculate the compound amount (in $) on an investment of $3,500 at 10% interest,…

A: Time value of money is a financial concept which is used to analyze various investments and…

Q: Finance   What amount invested today would grow to $10,800 after 25 years, if the investment…

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

Q: If $900 is invested at 10% compounded quarterly, what is the interest earned after a) 4 years…

A: Time has been precious in all perspectives, however in terms of finance, time has a monetary value.…

Q: Determine the amount that must be deposited now at compound interest to provide the desired sum.…

A: A. Rate = 8% Semiannually Semi-annual interest rate = 0.08*6/12 =0.04 Amount to be received at the…

Q: 4. Timber Inc. invested profits of $160,000.00 in a GIC at 4.12% compounded semi-annually. How long…

A: Compound = Semiannually = 2Present Value = pv = $160,00Interest Rate = r = 4.12 / 2 = 2.06%Future…

Q: How many years will it take for ​$510 to grow to ​$1,099.69 if​ it's invested at 8 percent…

A: Principal amount (P) = $510 Future value required (FV) = $1099.69 Interest rate (r) = 8% Period in…

Q: An investment of $2,500 earned interest at 4.5% compounded quarterly for 1½ years, and then 4.0%…

A: Principal (P) = $2500 Interest rate (r) = 4.5% = 0.045 Time (t) = 1.5 years Compounding periods per…

Q: If you invested $12,000 for ten years at 7.25% p.a. compounded fortnightly, how much in total would…

A: FV = PV* (1 + r / n)nt Where, PV = Present value FV = Future value r = Rate of interest (percentage…

Q: If an investment of $974.00 eamed interest of $189.00 at 6.3% compounded semi-annually, for how many…

A: The concept of time value of money will be applied here. A sum of money invested today attracts and…

Q: Calculate the simple interest earned on an investment of: $2 000 at 4% per annum for three years…

A: Here, Investment Amount (P) is $2,000 Time Period (T) is 3 years Rate (R) is 4%

Q: What will an amount of $75 000 become in 5 years time if invested at                      4.15% p.a.…

A: Future value is the compounded value of a sum of money invested at a given interest rate for a…

Q: Saved An initial $3300 investment was worth $3820 after two years and six months. What quarterly…

A: An interest rate method in which current interest is computed by multiplying the interest rate by…

Q: Complete the table by determining the balance A for P dollars invested at rate r for t years and…

A: Time value of money: Time value of money refers to the concept that the value of money available at…

Q: 4. Find the maturity value of a $15, 000 investment with an interest rate of 6%, compounded…

A: Maturity value refers to an amount that is to be accumulated at the end of investment period by…

Q: Determine the effectivene annual yeild for 1 dollar invested for one year at 2 percent compounded…

A: Effective Annual Yield is the equivalent annual rate of return for nominal rate of return with more…

Q: An investment of $2,000 pays interest of 1.5% per month. What will be the value of this investment…

A: Future value is that amount which will be received by the investor at a specified period of time at…

Q: Find the compound amount if php 82,000 is invested at 11% compound quarterly for 3 years and 5…

A: Compound interest also called interest on interest. It is the addition of interest in the principal…

Q: If for the next 30 years you place $2,000 in equal year-end-deposits into an account earning 5% per…

A: Future Value of Ordinary Annuity refers to the concept which gives out the compounded or future…