Suppose that you invest $5,000 at 6% interest, compound quarterly, for 5 years. use Table 11-1 to calculate the compound interest (in $) on your investment.
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Q: What are the future value and the interest earned if $4000 is invested for 3 years at 8% compounded…
A: Investment Amount = 4000 Compounded Quarterly , hence interest rate will be divided by 4 and time…
Q: If you invest $20,000 at an annual rate of 1% compounded continuously, calculate the final amount…
A: The question is based on the concept of Financial Management.
Q: An investment will return $125 at the end of each month for 5 years and then $250 at the end of each…
A: Value at the end of 5 years of $250 received for next 3 years every month, can be calculated as…
Q: terest, compounded monthly, for 2 years. Use the compound interest formula to calculate the compound…
A: In this we have to use future value formula to get future value.
Q: Suppose that you invest $9,000 at 6% interest, compound quarterly, for 5 years. use Table 11-1 to…
A: Compound interest is the total interest earned during the investment period. It considers…
Q: How much you have in 3 1/2 years if you invests P8,000 at 6.6 percent interest compounded monthly?
A: We need to calculate the future value of the investment with the following inputs: Present Value =…
Q: Suppose that $80,000 is invested at 7% interest. Find the amount money in the account after 5 years…
A: The given problem can be solved using FV function in excel. FV function computes amount value in…
Q: Use Table 11-1 to calculate the compound amount (in $) on an investment of $5,500 at 8% interest,…
A: As per the time value of money concept, individuals prefer to receive a sum of money at the earliest…
Q: What is the future value of $9,000 deposited at the end of each year for 4 years earning 7% interest…
A: Given details are : Each year deposit = $9000 Time period = 4 years Interest rate = 7% Compounding…
Q: A MAN INVESTED 1/3 OF THE SUM AT 7% , 1/4 AT 8% AND THE REMAINING AT 10% FOR ONE YEAR. IF THE ANNUAL…
A: Let the investment amount be A
Q: A man invested ₱130,000 at an interest rate of 10% compounded annually. What will be the final…
A: Calculate the compounded value after five years as below:. Resultant table: Hence, the compounded…
Q: You invest $17,000 at 6% interest, compounded monthly, for 2 years. Use the compound interest…
A: Compound Interest- It is interest which is earned on the principal amount invested and interest…
Q: You have paid $1,000 for an investment that will pay back $1,200 in 3 years. What interest rate does…
A: The present value of the annuity is the current worth of a cash flow series at a certain rate of…
Q: Your client has systematically invested $1000 at the end of each half-year for the past 17 years.…
A: The future value of the annuity is the total value of all the payments which is occurred regularly…
Q: Suppose you borrowed $37,000 at a rate of 9.0% and must repay it in 4 equal installments at the end…
A:
Q: invests $80,000 today at 10% per annum, compounded quarterly. What will the balance of Sam's…
A: Effective rate = 0.10/4 = 0.025 n = 5 * 4 = 20 Current amount = 80000
Q: A businessman expects to receive P20, 000.00 in 10 years. How much is that money worth now…
A: Future value (FV) = P 20,000 Annual interest rate = 6% Quarterly interest rate (R) = 6%/4 = 1.50%…
Q: Suppose that $1,000 is invested for 4 years at an interest rate of 12%, compounded quarterly. How…
A: Future Value refers to the value of the current asset or investment or of cash flows at a specified…
Q: If $200 is invested at 5% compounded quarterly, what is the interest earned after: a) 6 years,…
A: The formula used as follows: A=P1+rnn×t
Q: If you invest OMR 100 at 4% for three years, how much would you have at the end of three years…
A: To calculate the future value of present investment we use the formula, Future value= Present…
Q: If a person deposits $3,000 at 6% per year simple interest, what compound interest rate would yield…
A:
Q: You invest $13,000 at 18% interest, compounded monthly, for 2 year
A: Future value of investment under compound interest method: Future value = P×(1+rf)n×f Where, P =…
Q: An investor deposits a sum of Rs 100,000 in an investment company with a promise of a rate of return…
A: Investment = 100,000 Return = 18% Time Period = 5 years
Q: If $1,000.00 is invested in an account for 30 years. Find the value of the investment at the end of…
A: The conceptual formula used:
Q: A person invests $450 to be collected in 8 yr. Given that the interest rate on the investment is…
A: The future value of the cash flow is the current worth of a cash flow at a certain rate of interest…
Q: After 3 and a half years, the value of Joey's investment is at $200 000. How much was his initial…
A:
Q: If you invest $900 in a bank in which it will earn 8 percent compounded quarterly, how much will it…
A: PV = $ 900; r = 8% compounded quarterly; m = frequency of compounding = 4 (as there are four…
Q: Use the formula for computing future value using compound interest to determine the value of an…
A: The future value of the account can be computed by using the future value of a single deposit…
Q: You deposit $14,000 at a 8% interest rate for 9 years compounded quarterly. What is the future…
A: Since the interest is compounded quarterly, we have to calculate effective annual interest rate…
Q: If $20,000.00 is invested in an account for 15 years. Find the value of the investment at the end of…
A: Amount Invested = $20,000.00 Years = 15 years For Simple Interest Rate = 8% per annum For Compound…
Q: Suppose an investor deposits $28,000 into a savings account for 4 years at 6.75% interest. Find the…
A: Dear student as per answering guideline we can answer only three sub parts if a question have more…
Q: Consider an investment where $45,000 is invested for 15 years at 8% compounded continuously. How…
A: Continues compounding is a limit that a compound interest can reach. It can be calculated through…
Q: If 2,000 is invested at an interest rate at 8% compounded annually for 3 years, find the compound…
A: Interest means the extra amount which we received because of investment made and will be paid in…
Q: Suppose that $30,000 is invested at 9% interest. Find the amount of money in the account after 7…
A: Future value of money is amount being deposited and amount of compounded interest accumulated over…
Q: If you invest $2,000 per year for 9 years and earn a 5% return on your investment during that…
A: The future value is the amount that will be received at the end of a certain period. In simple…
Q: If an investment of $5,000 is made in an account returning 2% ,then how long will it take for the…
A: Future value is the value of the current assets or some amount that is invested today and amount…
Q: You wish to make an investment of $10,000 at 5% interest. How much will your Investment be worth in…
A: Present Value= $10,000 Interest rate= 5% Time period= 20 years
Q: You invest $19,000 at 18% interest, compounded monthly, for 2 years. Use the compound interest…
A: Given, Investment = $19,000 Interest = 18% Compounding Frequency = Monthly for 2 years The…
Q: What interest will be earned if 4,000 dollars is invested for 4 years at an annual rate of 7%…
A: The interest will be the future value of the investment less the amount invested.
Q: How much more could you have earned over a 10 year period if interest had compound annually?
A: Simple interst formula is I = P*R*T Where I is Interest,P is principle,R is rate of interest and T…
Q: How much is the present value of your investment if you invest P2,000 semi-annually at start of…
A: The present value of annuity due is the present value of a series of cash payments that are expected…
Q: What is the future value of $1,100 invested today at 5% interest in 3 years with interest compounded…
A: In given question we need to compute the future value of $1100 invested today at 5% for 3 years.
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- If you put $200,000 into your investment account now for 10 year at 5% annual interest, what is the difference in interest income between simple interest calculation and compound interest calculation? use Excel for calculation.What are the future value and the interest earned if $3800 is invested for 7 years at 8% compounded quarterly? (Round your answers to the nearest cent.) Give typing answer with explanation and conclusionAssume that at the beginning of the year, you purchase an investment for $6,500 that pays $95 annual income. Also assume the investment's value has increased to $7,050 by the end of the year. a. What is the rate of return for this investment? Note: Input the amount as a positive value. Enter your answer as a percent rounded to 2 decimal places.
- Find the accumulated value of an investment of $15,000 for 5 years at an interest rate of 1.45% if the money is a. compounded semiannually; b. compounded quarterly; c. compounded monthly d. compounded continuously. i Click the icon to view some finance formulas. a. What is the accumulated value if the money is compounded semiannually? (Round to the nearest cent as needed.) b. What is the accumulated value if the money is compounded quarterly? (Round to the nearest cent as needed.) C. What is the accumulated value if the money is compounded monthly? S (Round to the nearest cent as needed.) d. What is the accumulated value if the money is compounded continuously? S (Round to the nearest cent as needed.)1. If you invest $ 2,000 now and it will become $ 6,000 at the end of 4 years, determine the nominal rate of interest and the corresponding effective rate of interest if the interest is compounded quarterly.set up an equation and solve each problem. Suppose that $500 is invested at a certain rate of interest compounded annually for 2 years. If the accumulated value at the end of 2 years is $594.05, find the rate of interest.
- Suppose you wish to have $9,000 in 11 years. Use the present value formula to find how much you should invest now (in $) at 6% interest compounded semiannually in order to meet your goalFind the accumulated value of an investment of $15,000 for 5 years at an interest rate of 1.45% if the money is a. compounded semiannually; b. compounded quarterly; c. compounded monthly d. compounded continuously. Click the icon to view some finance formulas. c. What is the accumulated value if the money is compounded monthly? $ 16127.15 (Round to the nearest cent as needed.). d. What is the accumulated value if the money is compounded continuously? S (Round to the nearest cent as needed.) ▼ XWhat are the future value and the interest earned if $3400 is invested for 6 years at 8% compounded quarterly? (Round your answers to the nearest cent.) future value interest earned
- Find the accumulated value of an investment of $25,000 for 5 years at an interest rate of 5% if the money is a. compounded semiannually; b. compounded quarterly; c. compounded monthly d. compounded continuously. Round answers to the nearest cent. Click the icon to view some finance formulas. ..... a. What is the accumulated value if the money is compounded semiannually? (Round your answer to the nearest cent.) Formulas In the provided formulas, A is the balance in the account after t years, P is the principal investment, r is the annual interest rate in decimal form, n is the number of compounding periods per year, and Y is the investment's effective annual yield in decimal form. nt A A: P = A =Pert Y = -1 nt 1+ Print DoneSuppose you wish to have $9,000 in 11 years. Use the present value formula to find how much you should invest now (in $) at 6% interest compounded semiannually in order to meet your goal. (Round your answer to the nearest cent.) $Find the accumulated value of an investment of $20,000 for 5 years at an interest rate of 4.5% if the money is a. compounded semiannually; b. compounded quarterly; c. compounded monthly d. compounded continuously. Round answers to the nearest cent. Click the icon to view some finance formulas. *** a. What is the accumulated value if the money is compounded semiannually? (Round your answer to the nearest cent.) In