What principal will earn $67.52 at 6.75 An investment of $12 000,.00 earns a interest rate is 6%. In how many months will $5000 grow t

Q: You borrowed money from the bank with a simple interest 8%, find the present worth of P25,000, which…

A: In Simple Interest Case, FV = PV + (PV x r x n) FV = PV x {1 + (r x n)} Therefore, PV = FV / {1 + (r…

Q: The principal is $7

A: The maturity value is a term commonly used in finance to refer to the final value or total amount of…

Q: A bank gives a rate of interest of 2 percent per week compounded daily. What would be the monthly…

A: Interest rate = r = 2% per week  = 2 / 7 = 0.2857% per dayperiod = n = 4 weeks  = 4 * 7  = 28 days

Q: If you invest $25,000 today, and make 24 withdrawals of $1,200 at the end of each month beginning in…

A: Solution: The correct option is b) 15.20% Detailed explanation:  The initial Investment is $25000…

Q: How long will it take for P 1,000.00 to amount to P 1,346.00 if invested at 6 compounded quarterly?

A: Interest is the amount charged or received by investing or borrowing some amount. It can be simple…

Q: How long will it take $250,000 placed in a savings account at 8.5% interest to grow into $500,000?

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

Q: How much must you deposit each year to have P30,000 at the end of 12years with money worth 8%. Show…

A: “Since you have posted multiple questions, we will solve first question for you. If you want any…

Q: 29. If the future is 25% more than the principal after 8 months, determine the simple interest rate.…

A: In case of the simple interest the interest amount is computed only on the initial principal amount.…

Q: ow long (to the next whole day) will it take $10000 to turn into each of the following amounts, if…

A: Solution Given Interest rate      =2.5% p.a Compounding   =daily Present value    =$10000

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: Calculate the total payoff if just making a $30 payment. (number of months x monthly payment…

A: Total Debt = $1,000 Monthly Payment = $30 Total Months to Payoff =42 Interest Rate = 12.99%

Q: How long would it take you to double your money in an investment if it earns 5.75% compounded…

A:

Q: Finance. Suppose that $7,600 is invested at 3.9% annual interest​ rate, compounded monthly. How much…

A: Answer

Q: With an interest rate of 8%, how long does it take for an investment of $10, 400 to grow to $20,…

A: A concept that implies the future worth of the money is lower than its current value due to several…

Q: An investment account returns 2.81% annually. You want to withdraw $ 9,000 each year for the next 9…

A: The present value of an annuity is the value today of a series of equal payments made at fixed…

Q: 4. Account A has an annual percentage yield of 2.5% compound interest. Account B has an interest…

A: To calculate the amount of money accumulated in each account after 40 months, we can use the…

Q: Consider a saving account that offers a nominal interest rate of 5% per annum and payable ekly…

A: The effective interest rate is the rate of interest that is actually earned or paid on a loan or…

Q: A company is expected to result 2900$ savings first year then increase by 200$ annually, if the rate…

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

Q: Calculate the simple interest earned. Round to the nearest cent. P = $7,000, r = 6.2%, t = 8 monthS

A: First, converting R percent to r a decimalr = R/100 =  = 0.062 per year,Total no. of years = =…

Q: 4) Find the annual worth of the following cash-flow diagram. 1000TL 700TL 12 15 month 700TL 700TL…

A: aw =npvAr,t=npv1-11+rtr where, r=rate  t=year in time

Q: 6. What will $153,000 grow to be in 13 years if it is invested today in an account with a quoted…

A: Future value refers to the concept of time, the value of money used for estimating the value of the…

Q: Approximately what interest rate would be needed in order to grow and investment of $1400 to $2500…

A: The interest rate that will grow a given investment into a target value over the length of…

Q: A deposit of $100,000 is placed in an account that pays 7.6% interest per year compounded quarterly.…

A: given, pv = $100,000 r = 7.6% m = 4 n = 15 inf = 3.6%

Q: You already have $54,700 in your savings account that earns 3.50% compounded annually. You will…

A: The concept of the time value of money states that the same amount of money has more value today…

Q: 38. Compounding intervals (S2.4) You are quoted an interest rate of 6% on an investment of $10…

A: Future value is computed by following formula-FV = A × (1+r)nwhere,FV = future value A = Amount…

Q: 28. If $1000 is invested in an account earning 3% compounded monthly, how long will it takethe…

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

Q: onsider a loan at 4.125% APR on 6 years for a $23,000 car a. Estimate the monthly payment (using…

A: Equated Monthly Installments are one part of the equally divided monthly outgoes to clear off an…

Q: Finance. Suppose that $2,700 is invested at 4.6% annual interest​ rate, compounded monthly. How much…

A: To calculate the future value of an investment with compound interest, we can use the formula:FV =…

Q: CO An annui y w ith a cash value of F $ 9, goo pays $ 31o at the begining ef every montho The…

A: An annuity and an annuity due: A constant, periodic, recurring cash flow over a longer specified…

Q: An investment of $2,000 pays interest of 1.5% per month. What will be the value of this investment…

A: Future value is that amount which will be received by the investor at a specified period of time at…

Q: Calculate the time it will take for an investment of $25 000, invested at a simple interest rate of…

A: Simple interest is interest earned on the 'initial' principal amount invested at the simple interest…

Q: Finance. Suppose that $7,700 is invested at 4.7% annual interest​ rate, compounded monthly. How…

A:

Q: You have GBP £1,000 and are considering two investment opportunities. Investment 1 pays interest at…

A: In the above case in investment - 1 interest rate is 11% compounded annually whereas investment 2…

Q: How long will it take an investment to grow from $1,000 to $1,500 if it earns 7.2% compounded…

A: Given: Present value = $1,000 Future value = $1,500 Interest rate = 7.2%

Q: How much should you invest at 4% simple interest for 16 months to have $3,000 at the end of that…

A: Interest rate = r = 4% Time = 16 / 12 = 4/3 years Future value = fv = $$3000

Q: How long would it take for a principal of P to triple if money is worth 6.5% compounded quarterly?…

A: The total worth of a series of equal, regular cash flows received or paid at regular intervals over…

Q: How long will it take $50,000 placed in a savings account at 17% interest to grow into $76,316.53?

A: Present Value, pv = $50,000Interest Rate, rate = 17%Future Value, fv = $76,316.53To compute the…