If 39600 dollars is invested at an interest rate of 9 percent per year, find the value of the investment at the end of 5 years for the following compounding methods, to the nearest cent. (a) Annual: $ (b) Semiannual: $ (c) Monthly: $ (d) Daily: $

Q: If you invest $48500 to earn 7% interest, which of the following compounding approaches would return…

A: Compounding in simple language means the interest on the previous interest. So if the compounding…

Q: $4200 is invested for 9 months at an annual simple interest rate of 12%. How much interest will be…

A: Simple interest is interest calculated on the principal investment, i.e no interest will be…

Q: (a) Annual: $ (b) Semiannual: $ (c) Monthly: $ (d) Daily: $

A: (A) Annual Compounding = P (1+r)n (B) Semi Annual Compounding = P (1 +r2)2n (C) Monthly Compunding…

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: Using​ annual, semiannual, and quarterly compounding​ periods, (1) calculate the future value if…

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

Q: P2000 is invested in a high interest account for one and half (1 1/2) years . the interest rate is…

A: Future Value refers to the value of the current asset or investment or of cash flows at a specified…

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A: Loan amortization can be defined as the procedure of amortizing the loan in such a way that the loan…

Q: If $1000 is invested for ten years at an annual rate of 7.3% compounded monthly.…

A: given information  present value = $1000 time period = 10 years interest rate = 7.3% annum

Q: A sum of money invested now at 10 percent compounded semi-annually is to provide payments of $1500…

A: Let the money to be invested now = X Semiannual payment (A) = $1500 Number of payments (n) = 16 r =…

Q: An amount of $12 000 is invested for a period of 9 months at 3% p.a. compounded monthly. The…

A: We need to use the FV formula to determine the value after 9 months. The formula is as below FV = PV…

Q: For an interest rate of 12% compounded annu-ally, determine the following: (a) How much can be lent…

A: Given information: Interest rate of 12% compounded annually, Future value of lump sum amount is…

Q: If 2400 dollars is invested in an account for 10 years. Find the value of the investment at the end…

A: Amount invested is $2400 Time period is 10 years To Find:  4.2% compounded semiannually 4.2%…

Q: The annual interest​ rate, compounded​ annually, at which ​$500 must be invested for it to grow to…

A: Initial investment (I) = $500 Future value (FV) = $1,958.41 Period (p) = 12 years Annual interest…

Q: If $17,500 is invested at an interest rate of 10% per year, find the value of the investment at the…

A: Present Value (PV)= $17,500 Interest Rate (r)= 10% per year Time period (n)= 5 years Future Value at…

Q: Find the present value of $80,000 due in 3 years at the given rate of interest. (Use a 365-day year.…

A: Present value is the current value of some future value of the amount it will be having when the…

Q: Find the future value (in dollars) of the investment. (Round your answer to the nearest cent.)…

A: Future value of annuity = P * [ (1+r)^n  - 1 ] /r  where, P= annuity amount i.e. $8000 r =rate of…

Q: If $32,500 is invested at 6.6% for 30 years, find the future value if the interest is compounded the…

A: According to bartleby guidelines, if question involves multiple subparts,  then 1st sub 3 parts…

Q: Solve for the future value of $1,300 after 1 year invested at 4 percent if compounding is a) annual.…

A: Future value is the value of present investment in the future after compounding the present…

Q: Assume that $30,000 is due in 3 years at the given rate of interest. (Use a 365-day year.) 3%/year…

A: Interest rate = r = 3% Compound = m = quarterly = 4 Time = t = 3 years Number of compounded period =…

Q: If $1,000.00 is invested in an account for 30 years. Find the value of the investment at the end of…

A: The conceptual formula used:

Q: If 14700 dollars is invested at an interest rate of 9 percent per year, compounded semiannually,…

A: Using excel FV function

Q: Using​ annual, semiannual, and quarterly compounding​ periods, (1) calculate the future value if…

A: The effective rate is the actual interest rate earned or paid on a financial. It takes into account…

Q: If 14700 dollars is invested at an interest rate of 9 percent per year, compounded semiannually,…

A: The amount at the end of a specific number of years will be the future value of the initial deposit.

Q: If 2400 dollars is invested in an account for 10 years. Find the value of the investment at the end…

A: Future value(FV) is the value of initial investments at a future date after compounding it with a…

Q: If $12,000 is invested at an interest rate of 10% per year, find the amount of the investment at the…

A: Given:

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A: Expected value of the investment at the future date is known as the Value of Investment. Cash flow…

Q: If $20,000.00 is invested in an account for 15 years. Find the value of the investment at the end of…

A: Amount Invested = $20,000.00 Years = 15 years For Simple Interest Rate = 8% per annum For Compound…

Q: If 36,400 dollars is invested at an interest rate of 7 percent per year, find the value of the…

A: The future value is the future worth of the amount that will be paid or received in the future.

Q: Find the amount at the end of 2 years and 7 months if 425000 is invested at 8% compounded quarterly…

A: Simple interest method is one in which the interest earned during a period does not earn interest.…

Q: Which of the following would provide the greatest return on $15,000 if it is invested at a nominal…

A: We need to use compound interest formula to return oon above investment.A = P(1+i)nWhereA =Final…

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A: The amount in the account at the end of the 6 years is the future value. The nominal annual rate…

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A: 1. Semi annual: Future value = Present value *(1+rate)^periods Future value =…

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A: EMI or monthly mortgage payments are the fixed amount paid by the borrower to the lender that…

Q: If $13,000 is invested at 2.5% for 30 years, find the future value if the interest is compounded the…

A: ACCORDING TO THE RULE, WE WILL ONLY ANSWER THE FIRST THREE SUBPARTS, FOR THE REMAINING SUBPARTS,…