Suppose you put £1,000 into a bank account paying simple interest at a rate of 8% per annum. How much money will be in the account after 2 years? £ 数字 Assuming 365 days in a financial year, how many days should the money be left in the account in order to earn £45 in interest? 数字 Enter an integer.

Q: future value of your money in 17 years.

A: Future Values: Future value is the value that will be increased or decreased after a particular…

Q: ose you deposit $100,000 in an account today that pays 6% interest, comp ally. How long does it take…

A: The given problem can be solved using NPER function in excel. NPER function computes no. of years/…

Q: Suppose you invest $103 nin a bank​ account, and five years later it has grown to $137.91. a. What…

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

Q: Suppose you invest $100 in a bank account, and five years later it has grown to $134.39. What APR…

A: Investment (P) = $ 100 Future value (FV) = $ 134.39 Period = 5 Years

Q: Suppose you invest $1,200 in an account paying 4% interest per year. a. What is the balance in the…

A: Compound Interest With compound interest, more interest can be earned compared to simple interest…

Q: Suppose you invest $1,100 in an account paying 5% interest per year. What is the balance in the…

A: The Future Value of a lump-sum: The value of a one-time investment made at present earns interest…

Q: Suppose you deposit $600 in an account that earns 4% interest. How long will it take for your money…

A: Future value (FV) = $1,200 Deposit (PV) = $600 Rate = 4% T = ?

Q: 1. If you deposit money today in an account that pays 6.5% annual interest, how long will it take to…

A: Future value is the value of cash in future at a particular date.Let us assume if person X has…

Q: Suppose you need to hand $52,569 in an account 25 years from today and that account pays 6%. How…

A: Future vaue =52569Interest rate=6%

Q: Suppose you put $200 into a bank account at the annual interest rate of 7%.  *Round your answer to…

A: In this we have to find the future value of given value.

Q: Suppose your bank account will be worth $4,200.00 in one year. The interest rate (discount rate)…

A: Present value is the present worth of any sum of money to be received in the future at a specified…

Q: Suppose you deposit $380 today, $565 in one year, and $929 in two years in an account that pays an…

A: We need to calculate future value here:It has formula, FV = PV * (1+r)^nwhere, PV is present valuer…

Q: a) if the interest rate is 8%, what is the present value of the cash flows? b) what is the future…

A: The time value of money implies that the cash in hand at present has a higher value than the cash…

Q: Suppose you deposit $1,500.00 into and account 7.00 years from today into an account that earns…

A: Future value is an estimated value of a current asset at an assumed growth rate over a certain…

Q: How much money (to the nearest dollar) will you need to deposit in an account now in order to have…

A: Present value is the sum of the current value of money of future cash flows. It is also known as a…

Q: Suppose $1,000 is deposited in a bank account today (time 0), followed by $1,000 deposits in years…

A: Given amount of deposit = $1,000 Rate of interest = 6%

Q: uppose you deposit $1,681.00 into an account today that earns 11.00% p.a. It will take years for the…

A: Future value of the money is the amount deposited and the amount of compounding interest accumulated…

Q: You deposit $296 today into a bank account that earns 12% annually.  How much will be in your…

A:

Q: You deposit $700 each month into an account earning 3% interest compounded monthly. a) How many…

A: Future value is the amount that existing assets are worth at a specific future date after they have…

Q: 1. If you deposit OMR 32000 today in to a bank account that pays 4% interest compounded, how much…

A: 1. we need to calculate future value of OMR 32,000 after 5 years at 4% interest rate. so, future…

Q: If you deposit money today in an account that pays 8% annual interest, how long will it take to…

A: The rate of interest is 8% or 0.08. Assume, The present value is $1. The future value is $2 as the…

Q: Suppose you deposit $10 every week into an account that earns 4% interest compounded weekly.  How…

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

Q: You plan to deposit $700 in a bank account now and $900 at the end of one year. If the account earns…

A: Simple interest is a method of calculating the percentage of interest paid on a sum over a defined…

Q: If you deposit money today in an account that pays 9.5% annual interest, how long will it take to…

A: Given The rate of interest is 9.5%

Q: What is the balance in the account after 3​years? How much of this balance corresponds to​ "interest…

A: Information Provided: Principal = $1250 Interest rate = 8% A: Period = 3 years B: Period = 31 years…

Q: You plan to deposit $700 in a bank account now and $100 at the end of the year. If the account earns…

A: First we have tor calculate the future value of $700 deposit today and then we will add the second…

Q: Suppose you deposit $20,000 in an account today that pays 4% interest, compounded annually. How long…

A: Here, 20,000 is deposited today and future value is $80,000. Want to calculate how many years it…

Q: Suppose you decide to deposit $18,000 in a savings account that pays a nominal rate of 6%, but…

A: In order to take investment decisions, the investor will look forward for evaluation. The evaluation…

Q: If your bank pays you 1.4% interest and you deposit $800 today, what will be your balance in five…

A: Initial deposit (I) = $800Interest rate (r) = 0.014 or 1.4%Period (n) = 5 YearsBank balance in 5…

Q: If you deposit money today in an account that pays 10.7 percent annual interest, how long will it…

A: Interest rate = r = 10.7%Assuming,Present Value = pv = 100Future Value = fv = 2 * pv = 2 * 100 = 200

Q: Suppose you invest $850 in an account paying 5% interest per year. a. What is the balance in the…

A: present Value = pv = $850Interest Rate = r = 5%

Q: You deposit $1,200 in your bank account. a. If the bank pays 5% simple interest, how much will you…

A: a. Amount deposited = $1,200Interest rate, r = 5%Period, t = 8 yearsIf the bank pays simple…