If the interest rate is 6% and the loan amount is $10,000, how much interest would accumulate in two years, assuming simple interest and no repayments? select the correct or the closest answerQuestion 19 Select one:a.1500b.200c.1200 d.2200e.1800

Q: An investment is represented by the equation A(t)=10,250(1+ 0.04/12)120 How many years has the…

A: According to the TIME value of money: Future value =present value×1+rmm×n where, r= rate m=…

Q: 12.) Find the simple interest on a loan of P65,000.00 if the loan is given at a rate of 8% and is…

A: Simple interest is the interest paid on a principal balance for a given period of time at a…

Q: Consider the following series of payments which start at time t = 0: 5, 7, 9, 11... What is the…

A: Interest rate = 8%Payment at t0 = 5Payment at t1 = 7Payment at t2 = 9Payment at t3 = 11Payment at t4…

Q: Using the "Rule of 72," about how long will it take a sum of money to double in value if the annual…

A: A method that helps to evaluate the time period required to double the investment at a specific…

Q: Assume that you will receive $2500 at the end of 6 years and want to know the present value (PV) of…

A: Present value refers to the current value of a future sum of money, taking into account a specified…

Q: Use PMT= to determine the regular payment amount, rounded to the nearest cent. The cost of a home is…

A: Mortgage amount = $130,000 Loan period = 20 years Interest rate = 4.5%

Q: Computing Future Value of Annual Deposits. What amount would you have if you deposited $2,500 a year…

A: Annual Deposits = $2,500 Time duration = 30 years  Rate = 8%

Q: For the follwing case, determine the  number of years it wll take for the intitial deposit to grow…

A: The number of years it will take to reach the target can be computed with the help of log function.

Q: What is the present discounted value of $400 to be received one year from now plus $500 to be…

A: Present value  = amount to be received in future/(1+r)^n where r is the discount rate (or 4%) and n…

Q: Suppose that a perpetual annuity has a present value of $33 million. What interest rate r would…

A: Present Value = $33,000,000 Annual Payout = $1,800,000

Q: Solve for the missing item in the following.  Principal Interest rate Time  Simple interest $345 5%…

A:

Q: Use the formula for simple interest, I = Prt, to find the indicated quantity. Assume a 360 day year.…

A: Simple interest is the interest which is calculated annually and no compounding factor is included.

Q: How much more is a perpetuity of $1,000 worth than an annuity of the same amount for 25 years?…

A: A perpetuity is a type of annuity. It is that annuity that goes on forever.

Q: Question 2 You invested 5000 in year 2 and 5000 in year 10, what would be the future value, if the…

A: The formula FV = PV*(1+r)n is used to determine an investment's future worth. FV stands for future…

Q: If you deposit OMR 5000 in your account in a bank; if your bank pays 9.05% interest, how much will…

A: future value = present value *(1+rate)^n future value = 5000 * 1.090515

Q: Complete this question by entering your answers in the tabs below. Req 1A Req 18 Reg 2A S S…

A: The concept of time value of money will be used here. As per this concept the worth of money changes…

Q: If $16800 is deposited in a savings account today, what amount will be available three years from…

A: Future value is an estimate of the future cash flows ​​that may be received at a future date,…

Q: Determine the future value of the following single amounts:                    Invested Amount…

A: Future value: This is the amount of present value accumulated or compounded at a rate of interest…

Q: Solve for the unknown interest rate in each of the following: Present value years interest rate…

A: Annual rate refers to the rate at which interest is to be provided on the funds invested. Annual…

Q: If the proceeds of a loan of P12,450 will be paid with P12,840 at the end of 1 year and 9 months.…

A: Loan amount = P 12450 Par value = P 12840 Discount amount = Par value-Loan amount…

Q: 5. Calculating the Number of Periods. Solve for the unknown number of years in each of the…

A: The number of periods can be computed as follows: Future Value = Present Value × (1 + Rate)^Number…

Q: Use the compound interest tables to answer the following questions. (Click here to access the PV…

A: The compound interest is a system of providing interest on the invested amount and the interest…

Q: Choose the best answer Compute the future value in year 5 of a $2,000 deposit in year 1 and another…

A: The objective of the question is to calculate the future value of two deposits made at different…

Q: Find the interest rate implied by the following combinations of present and future values: (Round…

A: The present value and future value functions/formulas are used for determining the present value of…

Q: What is the 'future value in one year' of $106 today if the annual interest rate is 6%?   A.…

A: The mathematical formula of the concept is:

Q: Use the following amortization chart: Selling price of home Down payment Principal (loan) Rate of…

A: The question is related to Interest Cost. The Interest cost is calculated with the help of following…

Q: 4.) This refers to the interest rate per conversion period A Compound interest C Rate of interest B…

A: Hi student Since there are multiple questions, we will answer only first question.

Q: What is the total future value ten years from now of $400 received in 1 year, $350 received in 2…

A: Future value of a present amount With present value (PV), annual interest rate (r) and period (n),…

Q: I need to answerthese questions can you help me out, Questions 4,5 4- What is the current value…

A: Note: It is a case where no single question is specified to solve among the multiple questions…

Q: What is the present value of $600 you expect to receive in 3 years if the interest rate is 12%…

A: given, fv = $600 n = 3 years r = 12%

Q: answer if its true or false 1) Based on the following information calculate the value at time 2 of…

A: In the following question we are given the future value equal to 113 at time 2 and we need to tell…

Amortized Loans

The term "amortization" refers to spreading the value of a loan or a debt over a series of regular payments or installments comprising of both the principal and interest amount. It generally involves the process where in the value of a loan or an intangible asset is written down over its maturity period.