What principal deposited 5 years ago will grow to $33,441.22 in 3 years and 11 month from now if money grows at 2.58% compounded quarterly? DO NOT ROUND INTERMEDIATE RESULTS. Report N accurate to at least 6 decimal places. Report PV and FV as positive values to the nearest cent. P/Y = C/Y = N =

Q: What is true according to the following equation: 4 A (=) = 800(1 + ) .05 %3D 4. Pick up to three…

A: Future Value(FV) is value f current amount at future point of time. It is done by compounding that…

Q: Suppose that the time step is taken to be three months, T- , and the quarterly returns K(1) K(2),…

A: Answer Option (B) 3.85%

Q: What principal deposited 5 years ago will grow to $24,836.85 in 4 years and 5 months from now if…

A: Present value describes how the value of money is more valuable than the future value of money.…

Q: Determine m, n, and i for money earning 4.67% compounded quarterly for 5 years and 6 months. ma…

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

Q: Complete the following without using Table 12.1. Principal  $575, Time 1 year, Rate 4%, Compounded…

A: Calculation of period used: Answer: Number of periods compounded is 4. Given information: Principal…

Q: Use the present value table to complete: (Round the "PV factor" to 4 decimal places and final answer…

A: Given, Future amount = $11,000   Number of periods = 6 years*4 Number of periods = 24   Rate = 12%/4…

Q: The past five monthly returns for Kohls are 3.86 percent, 4.42 percent, -2.00 percent, 9.41 percent,…

A: Average return refers to the average rate of return earned on an investment over a certain period of…

Q: The future value at 5.25% interest, compounded continuously for 5 years, of the continuous income…

A:

Q: A project requires an initial investment of 45,000$, has a salvage value of 11,000$ after six years,…

A: Annual worth of project is the equivalent annual cost of initial investment less equivalent annual…

Q: The past five monthly returns for PG&E are -3.25 percent, 4.08 percent, 3.85 percent, 6.59 percent,…

A: The rate of return that an investor is expected to earn from the investment is term as the expected…

Q: find the effective rate for an investing earning 3.15% per year. compounded quarterly

A: Using excel Effective rate function

Q: The given CFD shows the gradients for end of years 2, 3, 4. Suppose that the interest rate is 15%…

A: To find the annual equivalent cash flow, we will first discount back all 3 cashflows back to present…

Q: Your bank will lend you $4,000 for 45 days at a cost of $50 interest. What is your effective rate of…

A: Variables in the question:Principal=$4000 Interest=$50No. of days loan is outstanding=45No. of days…

Q: i would like the steps on how this is solved i want to know how to solve step by step

A: Step 1: Understand the VariablesFV (Future Value): The amount of money we want in the future.PV…

Q: An amount of $96,640 was accumulated after 14 years of payments of $4,317.10 at the beginning of…

A: The nominal interest rate is the return rate that an investor can expect from the amount invested…

Q: Use the formula for continuous compounding to compute the balance in the account after 1, 5, and 20…

A: APR stands for Annual Percentage Rate. It is a measure of the borrowing cost, expressed as a yearly…

Q: If the arithmetic gradient is 1000$ and interest rate is 10% what the present sum of company after 5…

A: The arithmetic gradient is a special case of cash flow series, in the series cash will either…

Q: 2. For each of the following compounding intervals, show the formula and the t that would be needed…

A: Interest and its types: Interest is the cost of money and is received or paid when money is lent or…

Q: What is the maturity value of a $19,426.00 loan borrowed at 3.83% compounded semi- annually for 4…

A: The future value idea is extensively used in finance and investing to forecast how much a savings…

Q: Suppose that P dollars in principal is invested in an account earning 3.2% interest compounded…

A: When interest is compounded continuously, it means that the interest is calculated on the amount…

Q: What principal deposited 5 years ago will grow to $18,163.28 in 3 years and 8 months from now if…

A: The PV of the investment refers to the value of its future cash flows discounted to the present. It…

Q: In how many months will $1652 grow to $2276 at 5.8% p.a.? Round to one decimal. Answer:

A: The concept of TVM refers to the interest-earning capacity of money that shows that the amount…

Q: Using either logarithms or a graphing calculator, find the time required for the initial amount to…

A: We know, future value means the amount to be receivable at the maturity after compounded at a…

Q: If a $19,000 investment grew to $25,805 in 4 1/2 years of quarterly compounding, what effective rate…

A: Variables in the question:PV=$19000FV=$25805N=4.5 years

Q: Complete the table for the time t (in years) necessary for P dollars to triple when interest is…

A: Here, Required Amount is Triple the Invested Amount. Assumption of Investment Amount is $1

Q: What principal will have a future value of $6051.00 at 5.1% in two months? The principal is S Round…

A: Future value (F) = $6051 Interest rate (r) = 5.1% Period (t) = 2 Months = 2/12 = 0.166666666666667…

Q: For an income of $4,500 per month for the past five years, what is the present worth of the income…

A: Given: Payment = $4,500 Interest rate = 15% Years = 5

Q: ate the of x for the CF shown such that the AW in (1-9) is equal to (2,000) ? i, = 12% per unded…

A: In this we need to calculate the present value of all and from that we can get the value of x.

Q: What is the interest rate per annum (in percentage form) applied when the Php5,000 triples in 25…

A: Given: Particulars Amount Present value(PV)              5,000 Years(NPER) 25

Q: If you put $5,421 into an account with an annual return of 7.9%, how many years will it take to have…

A: Variables in the question:PV=$5421Rate=7.9% (compounds quarterly)FV=$38587Required: N

Q: Consider the problem below...   Find the accumulated balance after 3 years when $6500 is deposited…

A: Annual percentage rate is divided by 12 to get monthly rate.

Q: Evaluate the financing package described below based on a purchase price of $500,000. (Note: All…

A: We have to work out the details of an interest only loan here. You have asked it to be in excel, so…

Q: Determine how much is in each account on the basis of the indicated compounding after the specified…

A: As per the given information: Initial Principal value = $5800Interest rate = 6.8%Time period = 1…

Q: A debt of $7931 23 is repaid by payments of $1129.24 in 7 months, $1229.85 in 15 months, and a final…

A: Debt amount = $7931.23Payment in 7 month = $1129.24Payment in 15 month = $1229.85Final payment made…

Q: Nihad has $27,910 in his savings account and wants this to accumulate to $100,000 for a condominium…

A: The number of periods(nper) refers to the time consumed by the borrower to clear the loan amount to…

Q: 2. Calculate the amount of the previous problem, if the investment is compounded quarterly.

A: Compound = p = Quarterly = 4Initial Investment = c = $155,000Interest rate = i = 21%Time = n = 7…