You deposit $400 today, $600 one year from now, and $800 five years from now into an account that earns 4% compounded annually. How much money will you have 11 years. from now? (Round to the nearest whole dollar) $2,516 $1,872 $2,384

Q: You need $82,000 in 12 years. If you can earn .49 percent per month, how much will you have to…

A: Present value is the estimation of the current value of future cash value which is likely to be…

Q: You have $11,300 to invest for three years. Your bank offers interest 5.5% per year, compounded…

A: In case of Continuous compounding,Future Value = Present value x e^(r*t)wherePresent value = Amount…

Q: You want to be able to withdraw $3,500 each month for 20 years. Your account earns 10% interest. How…

A: Present value of annuity is the value of recurring regular interval future cashflow discounted to…

Q: You deposit $62000 into an account which pays 3% compounded monthly. You leave the money in the…

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

Q: need $20,000 five years from now. The account pays 9% compounded annually. If you will receive…

A: Present value is the equivalent value today of the future cash flow based on the time and interest…

Q: Each day, you deposit $4.79 into a bank account whose annual rate is 1.6% with daily compounding.…

A: Daily deposit (P) = $4.79 Interest rate = 1.6% Daily interest rate (r) = 1.60%/365 =…

Q: You put 280,000 dollars in a bank which gives you 0.75% interest compounded daily. If you leave that…

A: The amount of interest earned can be computed with the help of future value function

Q: Listen How much will you have in 6 years if you save $3,600 at the end of every six months? Money…

A: The concept of money's time value reveals that any sum of money is worth more currently as compared…

Q: You put $1, 000 into a savings account today that offers a 5% APR with semi-annual compounding…

A: Number of period is 4 (2 x 2).

Q: If you deposit RM25,000 in an account earning 16% with quarterly compounding, how much would you…

A: Amount of Deposit = RM 25,000 Interest Rate = 16% per annum Quartery interest Rate(r) = 16%/4 = 4%…

Q: How much will you have in the account in 15 years? b) How much total money will you put into the…

A: Time value of money (TVM) is used to measure the value of money at different point of time in the…

Q: You deposit $200 each year in an account for 15 years and then $400 each year in the same account…

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

Q: How much will the account contain after 9 years and 3 months? How much interest will be earned?

A: Deposit amount = $600  Interest Rate = 5±70 compounded quarterly i.e 4.3 or 5.7 compounded quarterly…

Q: will be making end of month deposits of $800 into the account for 12.5 years. How much will you need…

A: The future value is an estimate of how much money you will have in the future from investments or…

Q: You make a one-time $3,088 deposit into an account which pays 2.8% compounded weekly. If you don't…

A: using excel fv function

Q: You have $5,340.25 in your savings account today. Every two weeks (26 times a year) $200 will be…

A: A savings account is a deposit account that pays interest and is kept at a bank or other financial…

Q: 1.Assume that you deposit $946 into an account that pays 11 percent per annum. How much money will…

A: Time value of money refers to the concept that money available at the present time is worth more…

Q: 2. If you deposit $2500 two years from now in a bank account that pays 4% compounded annually, how…

A: The amount that is deposited today will be more in dollar terms at certain future date due to the…

Q: Your goal is to accumulate $60,000 in seven years' time.  What monthly deposit must you make into a…

A: Interest rate per month = 12%/12 = 1% per month Time period = 7 years * 12 = 84

Q: You deposit $4700 in an account earning 3% interest compounded continuously. How much will you have…

A: Future Value Future value refers to the value of the investment at a certain point in time in the…

Q: You deposit $400 at the end of each month into an account earning 3.7% interest compounded monthly.…

A: Future Value (FV) is a financial concept that represents the projected worth of a sum of money at a…

Q: If you deposit $3,500 monthly into a savings account which earns 8.25% interest rate compounded…

A: Present Value is referred to as the current value of future sum of the funds or the cash flows…

Q: You deposit $57000 into an account which pays 7% compounded annually. How much can you withdraw at…

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

Q: Suppose you deposited $41,000 in a bank account that pays 5.75% with daily compounding based on a…

A: The objective of this question is to calculate the future value of a deposit in a bank account with…

Q: in order to withdraw $200, 000 two years now, how much do you need to deposit to in a bank account…

A: Future value required=$200000Period=2 yearsInterest rate is 6%Compounding quarterly.

Q: Aastha wants to short 500 shares of LC at $18 a share, while Brian wants to buy 500 at the same…

A: Margin call price: It is the amount at which investors will be requested to bring back the equity to…

Q: 1. If you deposit $28,688 annually at the end of every year in a bank account paying 5% annually,…

A:

Q: You make a $2500 deposit today in a savings account that pays 3.5% interest APY compounded monthly.…

A: Initial deposit = $2500 Interest rate = 3.5% compounded monthly Period = 10 years

Q: How much should you deposit into an account that pays 3.6% compounded monthly if you want to have…

A: The time value of money implies that the cash in hand at present has a higher value than the cash…

Q: You wish to save $58000 in an account which pays 7% compounded quarterly by making monthly deposits…

A: Given:   Expected value in the account in future  $58,000.00 Interest rate per year 7%…

Q: If for the next 30 years you place $2,000 in equal year-end-deposits into an account earning 5% per…

A: Future Value of Ordinary Annuity refers to the concept which gives out the compounded or future…

Q: pm.3 You have S81, 455.75 in a brokerage account, and you plan to deposit an additional $22,000 at…

A: The problem is a future value of a series problem in finance. We are given the present value…

Q: te.4 If for the next 30 years you place $2,000 in equal year-end-deposits into an account earning 5%…

A: The objective of the question is to calculate the future value of an ordinary annuity. An ordinary…

Q: uppose you deposit $1,681.00 into an account today that earns 11.00% p.a. It will take years for the…

A: Future value of the money is the amount deposited and the amount of compounding interest accumulated…

Q: How many years will it take for your money to tripple if you deposit $800 in a bank account that…

A: Individuals deposit money in a bank account with the aim that their money grows in the account to…

Q: you deposit $9000 into a bank account that pays 3.15% annual interest, compound quarterly. How much…

A: The time value of money is a concept in finance that accounts for the effect of compounding in…

Q: If you put $259 into a bank account that pays 3.5% interest, compounded 9 times per year, how much…

A: Workings:

Q: You deposit $2,000 in an account today earning 8% per year.  Five years from today, you make another…

A: Using excel PV and FV function

Q: . If you were to deposit $399.27 into an account today that pays 8% interest annually, with a…

A: Present Value = pv = $399.27Interest Rate = rate = 8%Payment = pmt = $100Time = nper = 5 Years

Q: how much should you deposit in a bank paying 2% compounded quarterly to accumulate an amount of…

A: Present value of annuity is the current value of the future payments that are calculated using the…