put 5,000 in a savings accont that 0.25 percent, pays inkest at the rate Componnded in 5 tears . How much interest will eara during the 5 years? annvally. how much will you have you

Q: Consider a loan of 1,000,000 which is to be amortized by 60 monthly payments. The interest rate is…

A: Loan (mortgage) amortization schedule refers to a schedule which is prepared to shows the periodic…

Q: Find the present value of the ordinary annuity. (Round your answer to the nearest cent.) $130/month…

A: Annuity payment = $130No of years = 11 years or 11 * 12 = 132 monthsInterest rate = i = 5% per year…

Q: A perpetuity has a PV of $25,000. If the interest rate is 11%, how much will the perpetuity pay…

A: A perpetuity is a cash flow that goes on forever. In other words the time period for a perpetuity is…

Q: What is the future value of $118,000 invested for 5 years at 11% compounded monthly? (a) State the…

A: The future value of a single payment is only referred to as simple future value. An annuity requires…

Q: What is the present value of a cash payment of $1.2 that you will receive in 5.3 years if the…

A: STEP 1 Given a certain rate of return, present value (PV) is the current value of a future financial…

Q: Assume that you want to have $ 4100 saved in a sinking fund in 1 year. The account pays 3%…

A: Future value (FV) = $ 4100 Annual interest rate = 3% Monthly interest rate (r) = 3%/12 = 0.25%…

Q: Find the value of the annuity at the end of the indicated number of years. Assume that the interest…

A: Amount of deposit(m): $800 Frequency(n): annually Rate(r): 1% Time(t): 30 years

Q: Calculating interest earned and future value of savings account. If you put $6,00 in a savings…

A: The value that is estimated for the future on the basis of current value and rate of interest is…

Q: how much would you have to deposite if you wanted to have $49000 in five years?annual interest rate…

A: The formula to calculate present value is as below:

Q: Assume you want to have $4050 saved in a sinking fund in 1 year. The account pays 3.5% compounded…

A: The amount of money invested over a period of time with the assumption of investment growth at a…

Q: What is the future value of $10,000 on deposit for 5 years at 6% simple interest?

A: The objective of this question is to calculate the future value of a deposit of $10,000 for 5 years…

Q: An annuity pays $1000 weekly for 3 years and then $5000 weekly for the next 8 years. Determine the…

A: An annuity refers to a series of periodic payments that are made in exchange for a lump sum payment.…

Q: You deposit $10000 into a CD with 5% interest compounded monthly. The CD will last 10 years. When…

A: The objective of the question is to find the amount that will be accumulated in a Certificate of…

Q: Listen How much will you have in 6 years if you save $3,600 at the end of every six months? Money…

A: The concept of money's time value reveals that any sum of money is worth more currently as compared…

Q: Assume that you want to have $ 2900 saved in a sinking fund in 1 year. The account pays 5%…

A: Future value is the estimated value of current assets that is discounted at an assumed rate of…

Q: Find the present value of the given future amount. $59,000 for 3 months at 5% simple interest What…

A: Here,FutureValue is $59,000Rate is 5%Time is 3 months or 0.25 years

Q: If you deposit $500 in a savings account that offers3 percent interest, compounded annually, and…

A: A theory that helps to compute the present or future value of the cash flows is term as the TVM…

Q: Classify the financial problem. Assume a 9% interest rate compounded annually. Deposit $200 at the…

A: Solution:- When an equal amount is deposited each year, it is called annuity. The accumulated value…

Q: You borrow an amount and agree to pay it off with one lump sum payment of $40,000 in 6 years at 10%.…

A: If the interest is compounded annually Then amount to be borrowed can be calculated using following…

Q: If you have $1,051.75 going into a long term savings account monthly, for 4 years, that pays and APR…

A: Here we can apply the principles, concepts and formula of time value of money to solve the question.…

Q: Hannah deposits OMR 500 in an account earning 5% compounded half yearly. What will be the interest…

A: The answer is option (b.) [OMR 109.20] Refer step 2 for explanation

Q: You deposit $4700 in an account earning 3% interest compounded continuously. How much will you have…

A: Future Value Future value refers to the value of the investment at a certain point in time in the…

Q: An annuity is set up that will pay $1,700 per year for ten years. What is the present value (PV) of…

A: The objective of this question is to calculate the present value of an annuity. An annuity is a…

Q: preser savings accO for 50 vears If interest is 6%? The present sum is closest to:

A: Given information : Periodic withdrawal 1000 Tim period 50 Interest rate 6% Since the…

Q: Evaluate ordinary annuity Assume monthly payouts - round your answer to nearest cent. M = $50 R =…

A: Present Value:  The present value (PV) is the present sum of a series of fixed payments. The series…

Q: What annuity is required over 10 yrs. to equate a future amount of P 15,000. assume  interest of 5…

A: Given, Future Value of annuity = 15,000 Need to find annual Installments to be made over 10 years

Q: If you deposit $7889 per year for 5-years where i= 10% per year, find F:

A: Annuity refers to series of equalized payments that are paid or received at start or ending of…

Q: In one year you will receive 1800. In two yeara you will receive 1, 900. The discount rate is 4%.…

A: PV = FV / (1 + r)nWhere:PV is the present valueFV is the future valuer is the discount rate (here,…

Q: Find the future value of an annuity due with an annual payment of $14,000 for three years at 3%…

A: Annuity amount, A = $1,000Number of compounding periods, n = 4*2=8Interest rate per period, r = 7%/2…

Q: calculate how much you would have in a savings account 5 $1,000 today, given that the interest paid…

A: Future value is the amount that was deposited and amount of interest accumulated over the period of…

Q: Find the monthly payment and the given simple interest amortized loan. $5000, 9.5%, 4 years

A: Loan Amortized Schedule is as follows-

Q: What is the price of a perpetuity that pays $50 annually and the required rate of return is 6%?

A: In this question we need to compute the price of a perpetuity.

Q: Find the future value of the loan. Round tp the nearest cent.  P=$900 r=6% t=5 years

A: Present value (P) = $900 Rate of interest (r) = 6% Maturity (t) = 5 years

Q: 1. Consider the annuity of $ (F+2) per year for 5 years paid at the beginning of every year. If the…

A: Annunity per year is $(F+2) F = 2 Time Period is 5 years,  Payment made at the beginiong of every…

Q: By using the calculate the future value of a 5 - year ordinary annuity , if the annual interest is…

A: As per the time value of money, a dollar is worth more today than the same dollar in the future.…

Q: If you borrow $5,400 at a simple interest of 5% per year, how much will be repayed after 6 years?

A: Simple Interest is a method of calculating interest on the loan. It is calculated on the amount…

Q: What is the PV of a 6-year, $149 annuity due if the annual interest rate is 5% ?

A: The objective of this question is to calculate the present value of an annuity due. An annuity due…

Q: what;s the present value of perpetuity that pays % 1, 563 per year if the appropriate interest rate…

A: The objective of this question is to calculate the present value of a perpetuity. A perpetuity is an…

Q: the payments occurred 5. Caiculating Annuity Cash Flows. If you put up $20,000 today in exchange for…

A: Annuity is the no. of payments which are equal in size and made at equal interval of time. Person…

Q: If you put 20,000 in a savings account that pays interest at the rate of 4% compounded quarterly,…

A: Compound interest also called interest on interest. It is the addition of interest in the principal…

Q: You purchased an annuity in which you deposit $100 a week at a fixed rate of 4% interest. What…

A: The objective of the question is to identify the correct formula to calculate the future value of an…

Q: Assume a 9% interest rate compounded annually. What annual deposit is necessary to give $10,000 in…

A: Future Value  $             10,000.00 Time Period 6 Interest Rate 9.00%