What is the discounted value of ​$844 paid at the end of every three months for 10 years if interest is 9 per annum compounded monthly

Q: What is the value of an annuity at the end of 10years if $1,000 is deposited every six months into…

A: Introduction: Future value of an ordinary annuity can be defined as a metric which helps to know how…

Q: What is the discounted value of payments of $38.00 made at the end of each year for 8 years if…

A: The time value of money is the foundational concept in finance which takes into account the effect…

Q: What is the size of the payments that must be deposited at the beginning of each 6-month period in…

A: The size of the payment can be computed by using the PMT formula of excel. The values require for…

Q: At what nominal rate compounded quarterly will payments of P 800 at the beginning of each 3 months…

A: Here, Quarterly Payment is P800 Time Period is 5 years Annuity Type is Annuity Due Borrowed Amount…

Q: What is the future value of $875 deposited for one year earning an 8 percent interest rate annually?

A: Future value can be described as the future worth of a specific amount at a certain future date.It…

Q: You borrow P3500 for one year from a friend at an interest rate of 1.5% per month instead of taking…

A: Answer 1: Calculation of the amount of money to be less by borrowing the money from the bank: Step…

Q: What is the future value of $3,100 in 17 years assuming an interest rate of 8.4 percent compounded…

A: Given,Present Value (PV) = $3,100Rate of Interest (r) = 8.4% or 0.084Time Period (t) = 17 yearsType…

Q: What is the nominal annual rate of interest compounded quarterly if a loan of $21,500 is paid in…

A: Semi-annual effective interest rate is calculated as below in the excel:

Q: What is the size of the payments that must be deposited at the beginning of each 6-month period in…

A: Future value (FV) = $150,000 Interest rate = 7.6% Semi annual rate (r) = 7.6%/2 = 3.80% Period = 18…

Q: What is the size of the payments that must be deposited at the beginning of each 6-month period in…

A: The equivalent annual cost is the periodic payment made towards the acquisition of an asset or…

Q: A person deposits $1,000 for 5 years in an account that pays 7.2% per year compounded quarterly.…

A: Future value refers to the future date value when all cash flows are compounded at the given…

Q: What is the present($) worth of two $100 payments at the end of third and fourth years if the annual…

A: The formula for the calculation of present worth is as follows: Present worth=Future…

Q: What is the annual interest rate (APR) required for $22,500 to accumulate to $50,000 in 14 years…

A: Future value =Present value (1+r)n 14 years =28 semiannual period

Q: If ​$956.00 accumulates to ​$1250.87 in three years, three months compounded monthly, what is the…

A: The real interest that an investor earns on the investment and a borrower pays on loan after…

Q: What is the value of an ordinary annuity at the end of 10 years if $500 per quarter is deposited…

A: Amount Deposited per quarter = $500 Years = 10 Rate =8% Total terms(n) = 10*4 =40 Rate per quarter…

Q: What will deposits of $470.00 made at the end of each month amount to after seven years if interest…

A: FV stands for Future value which refers to value of the current asset at the future date that is…

Q: What is the discounted value of ​$1513.00 paid at the end of every month for 7 years if interest is…

A: Present value The current worth of future cash flow is known as the present value. The present value…

Q: hat is the discounted value of deposits of $250.00 made at the beginning of ery three months for…

A: Here we will use the concept of time value of money. As per the concept of time value of money it is…

Q: If you borrow $5000 for five years and seven months at 9% compounded quarterly. How much is owed on…

A: Formula = Principal * [ 1 + Interest rate / 4 ]Number of quarters

Q: What is the size of the payments that must be deposited at the beginning of each 6-month period in…

A: The concept of the time value of money states that the current worth of money is more than its value…

Q: What is the value today of $500 received at the beginning of each period of six months for 12 years…

A: The following formula will be used to calculate today value as follow:

Q: What amount must be deposited today, if, starting one year from today, you wish to make 15 equal…

A: Given, annual withdrawals $3,450. Number of payments 15. Interest rate is 0%.

Q: What is the future value of $950 paid on the last day of each 6 months for 12 years assuming an…

A: The future value represents the amount which going to be received in the future. The formula used to…

Q: What is the current value of a $50 payment to be made at the end of each of the next three years if…

A: Present Value: It is the present worth of the payments discounted over the period at a rate of…

Q: What is the accumulated amount of a 9-year annuity paying P 1,075at the end of each year, with…

A: Using Excel FV function

Q: What is the future value of $537 to be deposited today into an account paying 8.0% compounded semi-…

A: Present value is an estimate of the present value of future cash values ​​that may be received at a…

Q: What is the present value of loan payments of$515made at the end of every month for 3 years and 6…

A: By accounting for the time value of money, present value is a concept in finance that's used to…

Q: at is the present worth and future of P6000 deposited at the end of every month for 4 years if the…

A: The more is compounding more is future value and less is the present value of money due to the fact…

Q: What will deposit of $80 made at the end of each month amount to after 4 years if interest is 4.8%…

A: The formula used as follows:

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.