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: $

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A: Future value: It is the value of money or asset for a specific period at a future date based on the…

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A: Excel Spreadsheet: Excel Workings:

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Q: If $17,000 is invested at 4.5% for 20 years, find the future value if the interest is compounded the…

A: Here, The future value is FV. The present value is PV. The rate of interest is r. The maturity…

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Q: Determine the future value of $10,000 under each of the following sets of assumptions: Interest…

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A: future value formula: future value =A×1+rn-1r where, A=annuity r=rate of interest n=number of years

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A: Given Present value (PV) = OMR 27000 Future value (FV) = OMR 43995.75 Period = 8 years  Interest…

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A: Future value is obtained by compounding the present value using the appropriate rate of interest.

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A: The present value is the addition of the discounted values of the future payments.

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A: Compute present value of $1,552.90 due in 10 years at 12% discount rate as shown below:

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A: In this we have to find out future value using formula.

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A: Given:

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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: Initial amount (I) = $520 Future value (FV) = $1,908.44 Period (p) = 10 years Interest rate (r) = ?…

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A: In this question we need to compute the interest rate that will convert $1000 into $2000 in 20 years

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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,…

Q: (a) If $5,500 is invested at 1.35% interest, find the value (in dollars) of the investment at the…

A: Future Value: It refers to the future worth of the current amount and is computed by the product of…

Q: If $15,000 is invested at 3.5% for 20 years, find the future value if the interest is compounded the…

A: Since you have posted a question with multiple sub-parts, we will solve the first three sub-parts…

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Q: Find the future value of an investment of $9,000 if it is invested for five years and compounded…

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A: Given, Investment = $19,000 Interest     = 18% Compounding Frequency = Monthly for 2 years  The…

Q: what is the present value of $800 to be received at the end of eight years assuming an interest rate…

A: The present value of the cash flow is the current worth of a cash flow at a certain rate of interest…

Q: A sum of P1,000 is invested now and left for eight years, at which time the principal is withdrawn.…

A: Invested amount (P) = P 1,000 Period for first withdrawal (N1) = 8 Years After 8 years withdrawal…