What uniform annual payment for 12 years is equivalent to receiving all of the following: $ 3,000 at the end of each year for 12 years 20,000 today 4,000 at the end of 6 years 800 at the end of each year forever 10,000 at the end of 15 years Use an 8% interest rate

Q: 5. A man wishes his son to receive P200,000 ten years from now, What amount should he invest if it…

A: The future value of the investment is P200,000.  The investment to be done in current period is P.…

Q: If you borrow $4,000, what single payment must you make after 5 years to repay the principal and…

A: Present value is the value of investment in today's dollar.  Future value is the value of investment…

Q: Q#1: Calculate (i) the interest rate for the given situations? 1. 8% Monthly 2. 6.4% Quarterly 3. 7%…

A: Disclaimer :- as you posted multipart questions we are supposed to solve the first 3 but third…

Q: P500,000 was deposited 20.15 years ago at an interest rate of 7% compounded semi-annually. How much…

A:

Q: Compute for the effective interest rate every 3 months of the nominal rate us 16.66% compounded…

A: The effective interest is generally higher than the nominal rate because it will be calculated with…

Q: Grandma wants to give you $420 at the beginning of each month while you are at school for 3 years.…

A: Periodic Payment (PMT) = $420 Time period = 3 years or 36 months n = 36 Interest rate = 4.8%…

Q: What uniform series over periods (1,11) years is equivalent at 3% compounded annually to the…

A: First, we will find the present value of all the cashflows. Then, we can find the uniform series…

Q: a condominium unit can be bought at a down payment of 150,000 and a monthly payment of 10,000 for 10…

A: A 1 =150000 A 2 =10000 n=10 i=0.01

Q: Calculate the future value for the following 3 problems Present Value Interest Rate Time (Years)…

A: Future Value takes into account the time value of money. It calculates the value of an asset at a…

Q: Find the present worth of a future payment of 100,000 to be made in 10 years with an interest of 12%…

A: To solve above question we firstly simplify the interest rates as per their compounding periods by…

Q: Consider a uniform series of cash flows. The first cash flow of $10,000 occurs at time 10 and the…

A: Given a uniform series cash flow in which first cash flow of $10,000 occurs at time 10 and last cash…

Q: 10. Determine the accumulated amount using exact simple interest on $1,000 for the period from…

A: Given that, Principal (P): $1000 Rate (R): 15% Time (t): 312 days

Q: -What is the present worth of two 500 payments at the end of the fourth year and fifth year, if the…

A: Note: Since you have asked multiple question, we will solve the first question for you. If you want…

Q: Compute for the effective interest rate per month Nominal rate = 22.86% compounded semi-annual

A: Effective Interest Rate = (1+ i/n )n -1  Where , i = interest rate  n = Compounding periods  Given ,…

Q: 1.Compute for the effective interest rate. Payment period = semi-annually Interest period = 12.76%…

A: Given  Nominal interest rate =12.76% compounded monthly. We have to find the effective rate of…

Q: Calculate the the compound amount for an annual payment of $8000 for 14 years when the interest rate…

A: Yearly compound interest formula A=P1+r100n where A=amount P=Principle r= rate of interest in…

Q: Compute for the effective interest rate per monthl Nominal rate= 2.35% compounded yearly

A: The effective annual interest rate refers to the return on an investment or the rate owed in…

Q: Please answer completely and clearly. , year יויויויויי in millions whatis the future worth of these…

A: We have given the cash flow in which yearly payment is made but the rate of interest is compounded…

Q: deposits increasing at a constant rate of 2.7% are made at the end of each year. The first deposit…

A: Initial deposit (P) = 1349Growth rate (g) = 2.7% (converted to decimal: 0.027)Interest rate (i) =…

Q: On the day his son was born, a father deposited to a trust company a sufficient amount of money so…

A: A lender charges a borrower an interest rate that is a percentage of the principal (the amount…

Q: 5) You want to have $2 million 40 years from now. How much must you deposit each year (starting at…

A: Each sum is communicated in the worth of the cash at that specific time, alluded to as future…

Q: An employee wants to retire and receive P5000 a month. She wants to pass this monthly payment to…

A: Given, Monthly payments = P 5,000   Interest rate = 8% compounded annually

Q: Suppose you are considering working at a local coffee shop 5 nights a week. You expect to save $125…

A: * SOLUTION :-    From the given information the calculation is given below

Q: How long in years will it take money to quadruple if it earns 7.5% compounded semi-annually?

A: Present Value (PV) = P  Future Value (FV) = 4 times PV (quadruple) = 4P Interest rate compounded…

Q: 17. What is the effective annual interest rate if the nominal interest rate is 6%, compounded…

A: Formula used - Effective annual interest rate = (1 + (nominal rate / number of compounding periods))…

Q: Erwin expects to receive 20,000 dollars in 10 years. If interest is computed at 6% compounded…

A: Given: Amount (A)=$20000 Interest rate (r)=6% compounded continuously Number of years (t)=10

Q: oney is worth 14% compounded quarterly

A: Given : Amount deposited each year=10000 Duration=9 years  Rate of interest=14% or 14/4=3.5%

Q: Two $200 payments at the ends of the third and fourth years would be worth how much today? if there…

A: Present value is different from the future value because the present value is the amount that is…

Q: You have won a lottery that pays you $100,000.00 at the end of this year, $110,000.00 at the end of…

A: Present value is the value of investment in today's dollar.Future value is the value of investment…

Q: 2. How much must be deposited at the end of each 3 months at 8% interest compounded quarterly to…

A: Future value = 90000 $ Time = 7 years Interest rate = 8 % compounded quarterly Quarterly rate  = 8 %…

Q: PROBLEM 8. A man wishes his son to receive P300,000 ten years from now. What amount should he invest…

A: Future value (F) = P300,000 Time period (n) = 10 years Interests:  i1% = 10% compounded annually…

Q: Bill made a budget and planned to deposit $150 a month in a savings account, beginning September 1.…

A: Future worth represents the value of future cash flows, investments, or benefits at a specified…

Q: Suppose you deposited $200 at the end of every year for seven years in an account that earned 6%…

A: Compound interest formula: A =P (1+r)t

Q: A man expects to receive P20,000.00 in 8 years. How much is that money worth now considering…

A: The future worth formula is FV=PV(1+i)n , here the PV rises for every period into the future by a…

Q: What is the present equivalent of a uniform series of quarterly payments of $4,500 each for 8 years…

A: Given  From the first quarter of year 1 to 4th quarter of year 8, the payment is $4500 From the…

Q: 6. Find leff if continuously. a 10% nominal interest is compounded

A: Effective interest rate, denoted by ieff, refers to the real interest rate that is to be applied on…

Q: Pedro made 24 payments of 200,00 each, and all payments are made at the beginning of each year. If…

A: Given that, Annuity = 200,00 n = 24 years  r = 18% or 0.18