What is the equivalent value in period 4 of a series consisting of 11 yearly deposits of $8,000 considering an 6% interest compounded yearly. O 6,134.67 O 10,803.23 O 79,655.98 O 63,095.00 4

Q: 8. An amount of P 5000 is deposited iin a bank paying an annual interest rate of 3.1% compounded…

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

Q: What is the future value of 17 deposits of $3,030 each made at the beginning of each period and…

A: Future value:The future value means that value of the investments which will be realized in the…

Q: Compute the future value of the following deposits made today: a. $10,000 at 6.75% compounding…

A: The future value represents the value of a current asset at some point in the future based on an…

Q: Delta Plc is considering investing in bespoke software solutions, which requires an initial…

A:

Q: Nhat compound interest rate j, is equivalent over 11-year period to a compound interest rate of…

A: The future value of a lump sum: The value of an amount invested today, at a given rate of interest,…

Q: 4. Compute the effective annual interest rate in each of the following situations a. 5.75% nominal…

A: a. Convert 5.75% compounded quarterly to its equivalent interest rate for annual interval. Here, 'R'…

Q: Given a 6% interest rate compute the year, six future value of the deposits made in years 123 and…

A: Future Value is that value which is determined with the help of present value after adding the…

Q: Calculate what $900 would grow to at 6% per year compounded daily for 5 years. (Use the Table 12.2.)…

A: Concept. Interest is earned on  amount of deposit made.

Q: How much interest is earned in 4 years on P12,000 deposited in an account paying 4% compounded…

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

Q: what is the nominal rate of interest compounded continuously for 8 years if the present worth factor…

A: Continuous Compounding N = 8 Present Value factor = 1.7506725

Q: A $2600 certificate of deposit held for 88 days was worth $2635.59. What simple interest rate was…

A: The present value and the future value of a certificate of deposit are known. The simple rate of…

Q: If A = 2,900,000 pesos, i = 19.91% interest rate compounded semi-annually, n = 20 periods and k = 5…

A: A tool for debt repayment is called an amortization schedule. This schedule provides a breakdown of…

Q: What is the nominal rate of interest at which money will be 5 times itself in 20 years and six…

A: Nominal interest refers to the stated or advertised interest rate on a financial instrument, such as…

Q: What nominal rate of interest compounded semi-annually can be used instead of 10 % comp. monthly…

A: We need to determine the effective annual rate that would equal the 2 compounding methods. The…

Q: To accumulate 103,404,000 at the end of 9n years, deposits of 45,007 are made at the end of each of…

A: Required:Determine the interest rate, i.

Q: Given i(26) = 6.375 %, find the equivalent nominal interest rate compounded monthly. Question…

A: Given information, Nominal interest rate compounded bi-weekly (i) = 6.375% or 0.06375Compounding…

Q: Money borrowed today is to be paid in 6 equal payments at the end of 6 quarters. If the interest is…

A: Here, Quarterly Payment is P2,000 Interest Rate is 12% Compounding Period is Quarterly i.e. 4 Time…

Q: The maturity value of a savings account that belonged to Peach Company was $44,418.50. The interest…

A: PRESENT VALUE   Present value, also known as Present Discounts value, is the value of an expected…

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: An amortized loan is made at a nominal interest rate i) = 6%. The loan is paid off in 30 level…

A: Given: Interest ate compounded semi-annually = 6% Number of total payments = 30 Payments per period…

Q: Pro 70 tamoms or to insong 3) What is the annual interest rate earned on a deposit that grew from…

A: Number of years (n) = 5Future Value after 5 years = $502.84Present Value = $250We need to calculate…

Q: Determine the interest rate per year, compounded quarterly, which is needed for a principal amount…

A: Given Present value (PV) = OMR 27000 Future value (FV) = OMR 43995.75 Period = 8 years  Interest…

Q: Consider the following schedule: number of years 10; annual interest rate 6% Annual withdrawal of…

A: Given: Year With drawl Deposit 1 -$500 $10,000 2 -$500   3 -$500   4 -$500   5 -$500…

Q: klp.1

A: The objective of the question is to find the nominal interest rate charged on a loan that was…

Q: Determine the amount after 6 years assuming P25,000 was the initial deposit and succeeding deposits…

A: Time value of money (TVM) refers to the method or technique which is used to measure the amount of…

Q: How much amount should an investor deposit in an account earning a continuously compounded interest…

A: Time Value of Money states that a dollar today is worth more than anytime in the future. This is…

Q: Suppose you deposit $4,000 at the end of each quarter for five years at an interest rate of 8%…

A: Given: The deposited amount is $4,000 for five years The interest rate is 8% Deposited quarterly…

Q: 7. .For each situation, determine i).the amount ii) the interest earned a) $ 15000 borrowed for 6…

A: Time value of money is one of useful technique used in finance. This says that amount invested today…

Q: What is the equivalent rate of 6% compounded quarterly to compounded bi-monthly? Group of answer…

A: Since you have asked multiple questions , we will answer the first one for you as per policy. Please…

Q: he period in which the amount of 10 000 dinars becomes 13 400.96 if the nterest is added at the end…

A: In this we need to use present value and future value formula.

Q: 1. The semiannual interest rate equivalent to an effective monthly rate of 0.90% is equal to_ 2.…

A: In this problem we have to calculate effective interest rate and nominal interest rate.

Q: (15) 00 (11) quarterly (12) (13) 6. (14) 8,8 Semi- D00 11% (16) (17) (18) (19) 10,000 (2 annually…

A: More is the compounding more is the effective interest rate and hence future value increases with…

Q: 20. An investor deposits £1,000 into an account that pays continuously compounded interest of 9%…

A: GIVEN ÷ Amount deposited = £1000 Continuously compouded interest rate = 9% Time of deposit = 6 years…

Q: What rate of interest compounded annually is the same as the rate of interest of 6% compounded…

A: Concept . A = P (1+R)n  Where A = amount avaliable after compound interest. P = principal amount. R…

Q: years and nine mo pounded quarterly

A: Answer : Future value = $26,500 Interest rate = 11% Time = 2  years 9 month = 2.75 Years  Compounded…

Q: K What is the nominal annual rate of interest compounded monthly at which $1070.00 will accumulate…

A: Future value is that amount which will be received by the investor at the end of investment period.…

Q: At what interest rate will the given principal P earn the given simple interest /in the given term…

A: P = Principal I = Simple interest  t = time period i = interest rate I = P×i×t Simple interest =…

Q: Using Table 11-1, compute the amount of compound interest (in $) earned in 1 year and the annual…

A: Compound interest and simple interest are the two types of interest that either of them can be…

Q: What is the amount of 10 equal annual deposits that can provide five annualwithdrawals, where a…

A: The future value of annuity is given by:=C×1+in-1iWhere, C=Cash flow per periodi=Intertest…

Q: 3) What is the annual interest rate earned on a deposit that grew from $60 to $111.06 over the last…

A: Future Value refers to the value of the current asset or investment or of cash flows at a specified…

Q: $1,500 $1,400 $1,300 $1,200 $1,100 $1,000 ... 2. 5. 6 7 8 3 EOY i = 30%/yr. is equivalent to

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