What are the future value and the interest earned if $4000 is invested for 3 years at 8% compounded quarterly? (Round your answers to the nearest cent.) future value %24 interest earned $4

Q: Complete the table below giving the principal P that must be invested at interest rate 10.5 %…

A: The Principal value is given as: P = A / (1+r/n)nt where, A = amount after t years r = compounding…

Q: What is the future value of $2,500 deposited at the end of each quarter year for 15 years earning 8%…

A: In the given question we need to compute the future value of $2500 deposited at the end of each…

Q: What is the initial value of an investment that has a value of $6245.30 after 6 years at a 5.5%…

A: The initial value can be calculated using the Present Value formula.

Q: Calculate the future value of $5000 if it is invested at an interest rate of 16% compounded…

A: The worth of an investment or asset on a certain date in the future is referred to as its "future…

Q: What is the nominal annual rate of interest compounded monthly at which ​$1663.00 will accumulate to…

A: Number of monthly periods = Number of years×12 =3.25×12=39 Monthly interest rate is calculated using…

Q: 1. An initial investment of $5000 earns 8.8% interest, compounded continuously. What will the…

A: given information initial investment = $5000 interest rate = 8.8% time period = 12 years

Q: Find the FV of $1,000 invested to earn 12% after 6 years. Round your answer to the nearest cent.…

A: Present Value = $1,000 Interest Rate = 12% Time Period = 6 Years

Q: Present Value of Amounts Due Assume that you are going to receive $260,000 in 10 years. The current…

A: Formula: Present value = Future value x PV factor. Future value gets multiplied with PV factor to…

Q: Compute the present value of $199,500 that is invested for 6 years and 9 months at 2.45% compounded…

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

Q: 006's 7,075 6% 0.943 0.890 0.840 0.792 10% 0.909 0.826 0.751 0.683 12% 0.893 0.797 0.712 0.636

A: Amount received = $25,000 Interest rate = 10% Time period = 4 Years

Q: 1. Using simple interest computations, find the future value of $3,620 at 2 3/8% for six years (by…

A: Hi, since there are multiple questions posted, we will answer the first question. If you want any…

Q: Use the compound interest formula A=P(1+rn)ntA=P(1+rn)nt or A=PertA=Pert to solve.

A: Compound Interest is the additional interest earned on the interest of principal or loan amount,…

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: Future Value Computation What amount will be accumulated in 4 years if $10,500 is invested today at…

A: Future value is the amount that investor can get at the end of a specified period of time if he…

Q: If you invest $40,000 at 4% interest compounded annualy, approximately how much money will be in the…

A: PV=$40,000r=0.04n=6FV=?

Q: Using Table 11-1, calculate the compound amount and compound interest (in $) for the investment.…

A: In finance, the concept of time value states that money today has more purchasing power than the…

Q: 1. Find the future value of a one time investment of $8,000 if the account compounds quarterly at…

A: Future value:Future value (FV) is the idea of how much an investment will be valued at a certain…

Q: What amount of money will mature to $63,750 in 3 years and 8 months at the interest rate of 6.75%…

A: Solution:- When an amount is invested somewhere, it earns interest on it. The amount initially…

Q: Find the present value of the future amount. Assume 365 days in a year. Round to the nearest cent.…

A: Present value=Future value /  [ 1 + (Interest rate x Number of years)]

Q: What is the value today of $500 per month forever, with the first $500 payment occurring two months…

A: Monthly payment (C) = $500Monthly interest rate (r) = 0.01 (i.e. 0.12 / 12)Present value = ?First…

Q: What is the present value of $10,000 paid at the end of each of the next 68 years if the interest…

A: Present value of ordinary annuity may be calculated though following formula   Present Value =…

Q: Given below are the future value factors for 1 at 10% for one to five periods. Interest is…

A:

Q: What is the future value in 11  years of $1,000 invested in an account with an APR of 8.9 percent:…

A: Honor code: Since you have posted a question with multiple sub-parts, we will solve the first three…

Q: An investment of S6,560 earns interest at the rate of 5% and is compounded quarterly. What is the…

A: Investment = 6560 Interest rate = 5℅/4 = 1.25℅ per quarter N = 28 quarters (7 years)

Q: What is the future value of $1,250 deposited at the end of each quarter year for 10 years earning 9%…

A: Given details are : Each quarter deposit = $1250 Time period = 10 years = 40 quarters Interest rate…

Q: Find the future value of $1 000 at 7.8% p.a. simple interest over 14 months.

A: Simple interest does not consider the effect of compounding of interest over the period of time. The…

Q: Which comes closest to the future value of $875 to be received at the end of 7 years, if the amount…

A: Solution:When some amount is invested somewhere, it earns interest on it.The amount initially…

Present Value

Present value (PV) is defined as the current or present value of all future sums of cash flow or money at a specified rate of return. This rate of return is known as the discounted rate, which is essentially the interest rate, discounted over some time. The expected cash flows are discounted at a discount rate to compute the present value. The higher the discount rate, the higher the future value (FV), but the lower the present value.