If money is worth 6% compounded annually, what payment 12years from now is equivalent to a payment of P125,000 nine years from now?

Q: P500,000 was deposited 20.15 years ago at an interest rate of 7% compounded semiannually. How much…

A: Any amount deposited today which is known as principal will generate some interest in the future.

Q: With interest rate of 9% compounded continuously, what is the present worth of a perpetuity of P8000…

A: A perpetuity is a type of insurance policy that pays out for the rest of your life. Perpetuity in…

Q: What is the effective rate corresponding to 16% compounded daily. Take 1 year is equal to 360 days.

A: Given information, Interest rate: 16% Compounding period: 360 (daily) To find: effective rate

Q: Lourdes has just retired and plans to consume $10498 from the retirement account every year for the…

A: Lourdes needs to find the present value of a series of future cash flows (the $10498 withdrawals).…

Q: Find the future value after 30 years if a one-time investment of $1,000 is made at a 10% yearly…

A: Interest is the sum that the borrower pays the lender over and above the principal amount. Both the…

Q: A series fequal quarterly payments of $5,000 for 10 ears is equivalent to what present amount t an…

A: here we calculate the given by following method as follow;

Q: A credit card company wants your business, you accept their offer and use their card, the will…

A: FVF= (1+r)15-n

Q: What payment X 10 years from now is equivalent to a payment of P 1,000 6 years from now, if interest…

A: Given information, Present value: P1,000 (6 years from now) Interest rate: 15% Time period: 4 years…

Q: The Stafford plan now offers student loans at 4% annual interest. After two years the interest rate…

A: Initial interest rate of loans is 4% per annum.Increase in interest rate of loan is 7% per annum.…