Homework Answers
The future calue for $6000 after 2 years compunded semiannually shall be
FV = $6000 ( 1+ R) powerN
= $6000 ( 1 + 5%/2) 4
$6000 ( 1.025) power 4
= $6000 × 1.1038
= $6623 ( approx. ) Answer.
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Homework: Chapter O Homework - Math Review Save Score: 0 of 1 pt Compound Interest-1 (similar...
find the future value compound interest on $6000 at 5% compounded semiannually fir two years. use...
find the future value compound interest on $6000 at 5% compounded
semiannually fir two years. use future value compound amount of
$1.00 table or the future value and compound interest formula.
and interest on $6,000 at 5% compounded semiannually for two years. Use the Future Val Data Table Table Future Value or Compound Amount of $1.00 Rate per period Periods 1% 1.5% 2% 2.5% 3% 4% 5% 6% 8% 1 1.01000 1.01500 1.02000 1.02500 1.03000 1.04000 1.05000 1.06000 1.08000 2...
please answer and explain Homework! Chapter 5 Homework Save Score: 0 of 1 pt 1 of...
please answer and explain
Homework! Chapter 5 Homework Save Score: 0 of 1 pt 1 of 12 (5 complete) HW Score: 25%, 3 of 12 pts P5-2 (similar to) IE Question Help Periodic interest rates. You have a savings account in which you leave the funds for one year without adding to or withdrawing from the account. Which would you rather have: a daily compounded rate of 0.045%, a weekly compounded rate of 0.325%, a monthly compounded rate of 1.15%,...
Homework: Chapter 5 Homework HW Score: Score: 0 of 1 pt Problem 5-10 (similar to) (Soving...
Homework: Chapter 5 Homework HW Score: Score: 0 of 1 pt Problem 5-10 (similar to) (Soving for in compound interest Yound a friend $14.000, for which your trend will repay you 130 000 The interest rate you are charging your friend is. (Round to two decimal places) the end of 12 years What werest rate are you changing your friend?
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Apps Belkin l Accounting II ACCT 205-01 CRN#17861 Kayl Homework: Chapter 0 Homework - Math Review Score: 0 of 1 pt 8018(7 complete) ▼ yLab Accou Present Value-1 (similar to) Main Menu Find the amount that should be set aside today to yield the desired future amount. Use the table. Assignments Future amount Interest Compounding Investment period time needed $4,000 rate Do Homework 2% semiannually 5years to view page 2 of the table. The amount that should be set aside...
find the future value compound interest on $6000 at 5% compounded
semiannually fir two years. use future value compound amount of
$1.00 table or the future value and compound interest formula.
and interest on $6,000 at 5% compounded semiannually for two years. Use the Future Val Data Table Table Future Value or Compound Amount of $1.00 Rate per period Periods 1% 1.5% 2% 2.5% 3% 4% 5% 6% 8% 1 1.01000 1.01500 1.02000 1.02500 1.03000 1.04000 1.05000 1.06000 1.08000 2...
please answer and explain
Homework! Chapter 5 Homework Save Score: 0 of 1 pt 1 of 12 (5 complete) HW Score: 25%, 3 of 12 pts P5-2 (similar to) IE Question Help Periodic interest rates. You have a savings account in which you leave the funds for one year without adding to or withdrawing from the account. Which would you rather have: a daily compounded rate of 0.045%, a weekly compounded rate of 0.325%, a monthly compounded rate of 1.15%,...
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Score: 0 of 1 pt 3 of 20 (2 complete) HW Sce Problem 5-5 (similar to) (Present value) What is the present value of the following future amounts? a. $900 to be received 9 years from now discounted back to the present at 11 percent b. $200 to be received 6 years from now disc be received 6 years from now discounted back to the present at 9 percent c. $1,100 to be received 13 years from now discounted back...
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Apps Belkin l Accounting II ACCT 205-01 CRN#17861 Kayl Homework: Chapter 0 Homework - Math Review Score: 0 of 1 pt 8018(7 complete) ▼ yLab Accou Present Value-1 (similar to) Main Menu Find the amount that should be set aside today to yield the desired future amount. Use the table. Assignments Future amount Interest Compounding Investment period time needed $4,000 rate Do Homework 2% semiannually 5years to view page 2 of the table. The amount that should be set aside...
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