ou need P 4,000 per year for four years to go to college. Your father invested P5,000 in 7%  account for your education when you were born. If you withdraw P4,000 at the end of your 17th , 18th , 19th and 20th birthday, how much will be left in the account at the end of the 21st year?

Q: For the cash flow revenues shown below, find the value of G that makes the equivalent annual worth…

A: The equivalent annual worth is a concept used in economics and finance to calculate the value of a…

Q: A $100,000 mortgage at 6.9% compounded semiannually with a 25-year amortization requires monthly…

A: To find the correct option and explain the process let's go step-by-step through the problem:Step 1:…

Q: Taylor and Dakota took out a 30 year mortgage for $135,000 at the APR of 10.1%, compounded monthly.…

A: Here, we calculate the given as follow;

Q: simple interest

A: Simple interest is received every period on the principal amount at a fixed rate. The amount of…

Q: Determine the final value if you invest P30,694 into a certificate of deposit that has an annual…

A: Given :Number of Years (n) =5Rate of Interest (r(4)) =8.1%Present Value (PV) = $30694

Q: A house and lot can be acquired by a downpayment of P520,000 and a yearly payment of P100,500 at the…

A: Given down payment = 520000 P Yearly payment = 100,500 P Time = 10 years Interest rate = 8 %

Q: An annual deposit of P1,500.00 is placed on a fund at the end of each year for 6 years. If the fund…

A: Given,  Annual Deposit : P1,500Time : 6 years Rate of Interest : 5%We need to determine its worth…

Q: Lourdes has just retired and plans to consume $14965 from the retirement account every year for the…

A: A future stream of cash flows' current value is referred to as its "present value" in economics. A…

Q: Q4. Find the value of the unknown quantity in the cash flow diagram shown below. Let =12% per year.…

A: Ans .)  Above cash flow provided is an example of arithmetic gradient  series  as the cash flows are…

Q: Question 7 You want to borrow R10,000 from a local bank, which is to be repaid in 2 equal semiannual…

A: The compounded value can be calculated using the below-drawn formula:  Compound interest (FV)…

Q: 3. Lisa plans to retire on her 61st birthday. On her 22nd birthday, she will start saving PA per…

A: The future value of an annuity is the value of a gathering of repeating installments at a specific…

Q: If you borrow 9000 dolars and agree to repay the loan in six equal annual payments at an interest…

A: In economics, present value refers to the current value of a future stream of cash flow. Future…

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A: The data presented in the question above is as follows:- PMT or the annual payment = 3300 Interest =…

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A: Annuity is defined as the series of annual payment that are paid or received at beginning or at the…

Q: Suppose I have $1,000 in my account today.  How much will I have in 5 years if I add $500 to my…

A: When an APR annual percentage rate compounds daily, you must accept the distinctive amount of…

Q: Find the total amount after the investment period in semi-annual payments of 1000 pesos if the first…

A: In economics, the present value refers to the current value of a future stream of cash flow. Future…

Q: Value of PO Is exact $5082.94. please show the proper calculation for this

A: The present worth of a cashflow refers to its value at present in accordance with its value in the…

Q: Suppose you were given a one time gift of $10,000 to put into a savings account. The account earns…

A: Compound interest is the rate of interest that is used to calculate the value added to a loan or a…

Q: You have decided that upon retirement you will buy a mansion in Hawaii with cold cash after 18…

A: present value is the value of investment in today's dollar  Future value is the value of investment…

Q: A man agrees to make equal payments at the beginning of each 3 months for 10 years to discharge a…

A: Present value is the value of investment in today's dollar. Future value is the value of investment…

Q: ded interest, aiter years. LIne DaiIk imes the principal, what is the interest rate we originally…

A: A = P(1+r)t Where  A is amount recieved amount repay the loan P is principal amount r is interest…

Q: A company rent a building for P50,000 per month for a period of 10 years. Find the accumulated…

A: The correct answer is given in the second step.

Q: You bought a home generator set by making a down payment of Php10,000 and monthly payments Php1,500…

A: Down payment = Php 10000 Monthly payment = Php 1500 Time = 1 year Interest rate = 3% Since…

Q: Four years from now , a man will need P25,000. How much must he invest in a fund at the beginning of…

A: FV = 25,000 Interest rate = 9% Time period = 4 yers (i.e. n = 8 for semi-annually)

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Q: $1150 (1+0.0644) 12 = 2,421,01 25. What is the value of $400 at interest rate of 5.87% after 10…

A: Present value formula:

Q: You have decided that upon retirement you will buy a mansion in Hawaii with cold cash after 19…

A: Present value is defined as the value of investment in today's dollar  Future value is defined as…

Q: Lourdes has just retired and plans to consume $14257 from the retirement account every year for the…

A: Given Annual amount = $14257 Time = 12 years Interest rate = 9.6 % Therefore The present worth of…

Q: 1. A bank loan of P2,000.00 was made at 8% simple interest. How long would it take in years for the…

A: Through the lens of engineering, engineering economics examines the dynamic context of economic…

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A: Payment = 3440 Interest rate = 12 % annual rate = 1 % monthly rate Time = 1 year or 24 months

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Q: On Juan's 26th birthday, he deposited $5,500 in a retirement account. Each year thereafter, he…

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Q: A=? [[i:UU - IU 350 300 2 3 4 5 1 6 7 1 4

A: Gradient formula takes the note of change or gradient in cash flow. The change in net payments from…

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A: Present Value is the current value that a certain future lump-sum amount or future investment or…

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A: here we calculate the amount must pay as follow-

Q: What value of X makes these two cash flows equivalent assuming an interest rate of 10%? 150 150 100…

A: We know that for the equivalence The present worth of known cash flow must equate the present worth…