simple interest, 1000 will accumulate to 1,100 after a certain period of time. Find the accumulated value of 500 at a rate of simple interest three

Q: At a certain rate of simple interest $800 will accumulate to $1030 after a certain period of time.…

A: Simple interest is a basic way to figure out the interest on a fixed-term starting principle sum.…

Q: What is the present value of a $700 perpetuity if the interest rate is 5%? If interest rates doubled…

A: The present value is the value of an asset or liability as of a specific date, adjusted for the time…

Q: The further in the future I receive any given pound amount, the higher its present value. Select…

A: Money has a time value. This means that the purchasing value of money decreases over time. Due to…

Q: What is the future value of a $900 annuity payment over five years if interest rates are 8 percent?…

A: Future Value: The future value is the amount that will be received at the end of a certain period.…

Q: The present value of $500 to be received 7 years from now at an interest rate of 8percent is ?

A: Calculation of Present Value:The present value is $291.75.Excel Spreadsheet:

Q: Suppose you have $1700 in your savings account at the end of a certain period of time. You invested…

A: Simple interest doesn't take compounding into consideration.

Q: n item is 10000, payable in 10 days but if paid in 30 days there will be a P30 discount. Find the…

A: Simple interest = Principal * rate* time (n).

Q: If interest rate is 10% per year, which one of the following annuities give maximum benefit and…

A: In the given question, different set of annuities having different time periods and amounts is…

Q: what would be the interest accumulated on 1800$ after 270 days with an annual interest rate of 1.25%…

A: Accumulated interest means interest is accumulated on the loan amount or deposit for a certain…

Q: what would be the present value of $10,000 in the future?

A: Time value of money (TVM) means that the amount of money received in the present period will have…

Q: ears if the annual interest rate is 8 percent. a. What would be the future value if the interest…

A: Simple interest is that no interest on interest is considered and in compounding interest interest…

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: Determine the present value P you must invest to have the future value A at simple interest rate r…

A: Information Provided: Amount = $7000.00 Rate = 15% T = 0.75 (39 weeks / 52 weeks)

Q: answer these two questions. Thank you! 1. Determine the compound interest rate per year equivalent…

A: Simple interest rate is interest rate without the impact of compounding of interest. But effective…

Q: At what rate of compound interest per anum 5 years will 2000 amount will be 2550

A: Compound interest is a method of calculating interest on a principal amount. It not only calculates…

Q: For the following amount at the given interest rate compounded continuously, find (a) the future…

A: Given, P = $5300 r = 3.4% = 3.4/100 = 0.034

Q: present value = 120,000, period 7 years,  future value is 360,000 find the interest rate

A: Formula for present value (PV) is PV = FV × 1 ÷(1 + i)n. In the formula, FV is future value, i is…

Q: A sum of 2 million is equivalent to 2.36 million one year from now. Find interest rate?

A: Given Information : Present value (PV) = $2 million Future value (FV) = $2.36 million Number of…

Q: Find the present value of OMR7, 000 to be receive one year from now, assuming a 3 percent annual…

A: Present value is the current value of a future stream of income or cash flows. It is very easy and…

Q: Meman

A: Step 1: The calculation of the present value  AB1Table function 2Future value $      520,000…

Q: Find the present value of the following annuities: 1. 100 at time 1 and increasing by 100 annually…

A: 1.                                                  Computation of present value of annuity Year…

Q: Calculate the simple interest rate when P=$3600 , I=_160 and t=4 months. Round to the nearest…

A: Compounding is the interest charged on interest. When any investment is made for certain years, the…

Q: Use the rule of seventy-two to approximate the length of time it takes money to double at an annual…

A: Rule of 72 states that to approximate the length of investment in order to get the investment double…

Q: Compute the following with the data provided: (Show sufficient work with formulas used and all the…

A: The present value of the annuity is the current worth of a cash flow series at a certain rate of…

Q: Use the continuous compound interest formula to find the indicated value. P=$7,000 r=3.38% t= 5…

A: Compound Interest is method of computing interest where compounding is done. Compounding refers to…

Q: Determine the present value P that must be invested to have the future value A at simple interest…

A: Given: Future value (A) =$5000.00 Rate (r) = 15% = 0.15 Time t=312=0.25

Q: F=19803 5% 10% 15% $2X $3X $3X Select one: O a. 3500 O b. 2000 O c. 10000 O d. 3000 O e. 5000

A: Future Value = Sum of Amount * ( 1 + rate )years

Q: Find the missing values assuming continuously compounded interest. (Round your answers to two…

A: given, fv = $1600 n = 10 years doubling year (n) = 15

Q: Periodic payment is $1940, payment interval is 1 year, term is 5 years, interest rate is 4%, and…

A: Future value refers to the compounded value of the future expected cash flows. compounding is done…

Q: Find the present value of $6000, due after 4J years, if money can earn interest at the rate (.08,m =…

A: Time value of money (TVM) is used to measure the value of money at different point of time in the…

Q: Determine the present​ value, P, you must invest to have the future​ value, A, at simple interest…

A: The present value is the value of the sum received at time 0. It is the current value of the sum…

Q: Compute the present value if future value (FV) = $4892, interest rate (r) = 14.0%, and number of…

A: The PV of an investment refers to the worth of the cash flows of the investment discounted to the…

Q: How long will an amount of money double at a simple interest rate of 2% per annum?

A: Let, it takes n years to double the money. Then, 2 = 1 + 1 x n x 2% 1 = n x 2% n = 1/2% n = 50 years

Q: Find the value of a $3000 cettificate in 2 yrs, if the interest rate is 10% compounded anually.…

A: Present Value = $3,000 Time Period = 2 Years Interest rate = 10%

Q: Determine the present value P you must invest to have the future value A at simple interest rate r…

A: Future Value = A = $14,000Simple Interest Rate = r = 7.5%Time = t = 8 Years

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 compound interest on a deposit of $10000 at an interest…

Q: Suppose Snli 40 and (1 + i)n = 3.7, where i is an effective annual interest rate. What is the…

A: 1. Calculate the interest rate: 2. Calculate the value of v (the present value factor): 3. Calculate…

Q: For any given interest rate, ________compounding will yield the highest effective annual rate. a)…

A: Compounding refers to the process of earning interest (or returns) on an initial investment or the…

Q: Find the future value FV of the given present value. (Round your answer to the nearest cent.)…

A: The formula to calculate the Fv is Pv(1+r)^n   Where Pv is the peasant value, r is the rate of…

Q: ose you deposit $50 at the beginning of every month in a bank account that earns 1% interest per…

A: More is compounding of interest rates more is effective interest rate and more is interest…