If you invest $40,000 at 4% interest compounded annualy, approximately how much money will be in the account at the end of 6 years? O a. $49,648 O b. $46,868 O c. $55,527 O d. $50,612 e. $60,366

Q: If you invest $900 in a bank in which you will earn 8% compounded annually, how much will your…

A: The investment grows at the rate of interest offered by it. The interest rate may be simple or…

Q: If $8,000 is invested in a certain business at the start of the year, the investor will receive…

A: The present value of a business opportunity is the current worth of potential future cash flows or…

Q: Find the present value of the future amount. Assume 365 days in a year. Round to the nearest cent.…

A: Present value is the discounted value of future value.  Present value compounded at a certain…

Q: How much money will there be in an account at the end of 9 years if $14000 is deposited at 7%…

A: Interest: Interest is the amount of interest paid on the issue price of the notes by the issuer at…

Q: 800

A: Formula to calculate the future value of ordinary annuity is: FV = C*[(1+I)^n - 1/i] Where C is the…

Q: You made an investment of $8,500 into an account that paid you an annual interest rate of 4.2…

A: Given information: Initial value of investment (V0) = $8,500 Annual interest rate for first "eight"…

Q: What is the present value (PV) of $70,000 received six years from now, assuming the interest rate is…

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

Q: How much more is a perpetuity of $8,000 worth than an annuity of the same amount for 10 years?…

A: Present value refers to the method of capital budgeting used for making decisions for investors by…

Q: What will be the future value of $5 000 invested for six years at 8% per annum compounded annually?

A: Information Provided: Principal value = $5000 Interest rate = 8% compounded annually Years = 6

Q: If you invested $10,000 for ten years at 6% p.a. compounded monthly, how much in total would you…

A: Compound interest is calculated by multiplying the original loan amount, or the principle, by one…

Q: The most recent financial statements for Bello Company are shown here: Income Statement Balance…

A: Internal growth rate (IGR) means maximum level of growth which a company can achieve without any…

Q: What amount of money will mature to $63,750 in 3 years and 8 months at the interest rate of 6.75%…

A: Solution:- When an amount is invested somewhere, it earns interest on it. The amount initially…

Q: A deposit $400 today in an account paying 7% per year. What would be the balance in your account…

A: We need to use compound interest formula to calculate account balance after 6 years A=P(1+i)n where…

Q: What is the future value of $2,000 invested at the beginning of each year for six years at 4%? a.…

A: The future worth of the investment is the amount which will be receiving in the following years that…

Q: Find the present value of the future amount. Assume 365 days in a year. Round to the nearest cent.…

A: Present value=Future value /  [ 1 + (Interest rate x Number of years)]

Q: Find the simple interest on a $1600 investment made for 3 years at an interest rate of 8%/year. What…

A: Simple Interest: The amount earned on an investment at a given rate of interest at the end of the…

Q: Find the simple interest on a $1700 investment made for 2 years at an interest rate of 6% / year…

A: Simple interest is a simple method of calculating interest on principal for a specified period of…

Q: What is the balance in an investment account at the end of 5 years if $3,000 is deposited today and…

A: To calculate the future value of an investment with the formula to be engaged…

Q: You invest $1,900 three years from today and $1,100 four years from today. How much will you have in…

A: Finance is the management of money. The time value of money principle explains that a dollar today…

Q: If you invest $4,000 at the end of every year for nine years at an interest rate of 6%, the balance…

A: Future value in case of continues payments  = Each installment × (1+pir) ^n/pir Where  pir =…

Q: Assuming an interest rate of 10%, how much (rounded to nearest dollar) will need to be deposited in…

A: Annual deposit = Accumulated saving at the end of 8th year / Future value factor at 10%, 8 years

Q: Time value You have $1,500 to invest today at 8% interest compounded annually. a. Find how much you…

A: (c)the interest earned is increasing for the same amount of time.This is because change in starting…

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…

Q: What is the future value of four cash flows of $500 to be received at the end of each of 4 years…

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

Q: Mark Welsch deposits $8,100 in an account that earns interest at an annual rate of 8%, compounded…

A: Compound = Quarterly = 4Present Value = pv = $8100Interest Rate = r = 8 / 4 = 2%Time = t = 5 * 4 =…

Q: Which comes closest to the future value of $875 to be received at the end of 7 years, if the amount…

A: Solution:When some amount is invested somewhere, it earns interest on it.The amount initially…