The future value of $1,200 saved each year for 10 years at 7 percent. Note: Round your discount factor to 3 decimal places and final answer to 2 decimal places.
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- The future value of $900 saved each year for 10 years at 8 percent. (Round your discount factor to 3 decimal places and final answer to 2 decimal places.)The future value of $350 saved each year for 10 years at 8 percent. (Round your factor to 3 decimal places and final answer to 2 decimal places.)If I invested an amount of money compounded monthly for 10 years with a discount rate 8.53 %. What is the effective rate of EIR in percent? Use 6 decimal places in your solution and 2 decimal places in your final answer.
- What is the value today of $1,500 per year, at a discount rate of 9 percent, if the first payment is received 9 years from now and the last payment is received 27 years from today? Give typing answer with explanation and conclusionThe future value of $900 saved each year for 10 years at 8 percent. (Round time value factor to 3 decimal places and final answer to 2 decimal places.) Please Show Answer and FormulaFind the future value, using the future value formula and a calculator. (Round your answer to the nearest cent.) $119,900 at 9.5% compounded continuously for 20 years
- You deposit $120 monthly in a saving plan with APR of 6% for 10 years. How much would your accumulated balance be after the 10 years. Note: use 6 digits after decimal in your calculations. But give your final answer with 2 digits after decimal.What is the present value of $1,400 a year at a discount rate of 8 percent if the first payment is received 7 years from now and you receive a total of 25 annual payments? Could you please show how this can be solve by using Excel? Thank you.Find the future value of the given present value. Use 360 days per year for your calculation.The present value of $3684 at 11% for 240 days.
- Find the NPV and PI of an annuity that pays $500 per year for eight years and costs $2,500. Assume a discount rate of 6%. Show the calculations.You will receive $1000 two years from today, and at the end of each subsequent year, you will receive an additional $1000 compared to the previous year indefinitely. If the discount rate is 10% compounded annually, what is the present value today? Show the main steps in your calculation.You are calculating the present value of $1,000 that you will receive five years from now.Which table will you use to obtain the present value factor to multiply to calculate thepresent value of that $1,000?a. Present Value of $1 tableb. Future Value of $1 tablec. Present Value of Ordinary Annuity of $1d. Future Value of Ordinary Annuity of $1

