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Question 5: Accumulated $1550.00 at 5.8% p.a. compounded monthly from March 1, 2011,...
PLEASE SOLVE 1 TO 5 QUESTIONS. Question 1: To what future value will a principal of...
PLEASE SOLVE 1 TO 5 QUESTIONS.
Question 1: To what future value will a principal of $6100.00 amount in three years at 7.6% p.a. compounded: a) annually b) semi-annually c) quarterly d) monthly Question 2: Orange Credit Union expects an average annual growth rate of 16% for the next five years. If the assets of the credit union currently amount to $1.7 million, what will the forecasted assets be in five years? Question 3 A loan for $14320 with interest...
PLEASE SOLVE 3 TO 5 QUESTIONS. Question 2: Orange Credit Union expects an average annual growth...
PLEASE SOLVE 3 TO 5 QUESTIONS.
Question 2: Orange Credit Union expects an average annual growth rate of 16% for the next five years. If the assets of the credit union currently amount to $1.7 million, what will the forecasted assets be in five years? Question 3 A loan for $14320 with interest at 4.75% compounded semi-annually is repaid after 7 years. What is the amount of interest paid? Question 4: An investment of $6300.00 earns interest at 11.96% p.a....
PLEASE SOLVE 6 TO 10 QUESTIONS Question 6: Determine the discounted value now of $7000.00 due...
PLEASE SOLVE 6 TO 10 QUESTIONS
Question 6: Determine the discounted value now of $7000.00 due in forty-four months at 6.5% compounded quarterly Question 7: Two debt payments, the first in the amount of $3450.00 due today, and the second in the amount of $2700.00 due in 10 months with interest at 9.6% p.a. compounded quarterly, are to be settled by a payment of S4400.00 nine months from now and a final payment in 21 months. Determine the size of...
You can earn 6% p.a. interest on your money (compounded monthly). You wish to purchase a...
You can earn 6% p.a. interest on your money (compounded monthly). You wish to purchase a house in exactly 5 years, which you expect would then cost $240,000. You need to save up 50% of this amount as you can borrow the rest. What monthly amount would need to be saved to enable you to achieve your objective? Your first monthly deposit will be made one month from now, and your last deposit will be made on the day you...
please solve this question in details as the hidden part is “compounded monthly” . Question :...
please solve this question in details as the hidden part is
“compounded monthly” .
Question : 4.9 For a Federal credit Union that offers as
interest rate of 8% per year, compounded monthly, determine the
nominal per 6 months .
For a Federal Credit Union that offers an interest rate of 8% per year, ly, deter- mine the nominal rate per 6 months.
Use the compound interest formulas A=P(1+r/n)nt and A=Pert to solve the problem given.
Use the compound interest formulas A=P(1+r/n)nt and A=Pert to solve the problem given. Round answers to the nearest cent.Find the accumulated value of an investment of $15,000 for 5 years at an interest rate of 7 %if the money is a. compounded semiannually; b. compounded quarterly; c. compounded monthly; d. compounded continuously.a. What is the accumulated value if the money is compounded semiannually?b.What is the accumulated value if the money is compounded quarterly?c. What is the accumulated value if the...
please answer correctly nt Use the compound interest formulas A=P and A=Pento solve the problem given....
please answer correctly
nt Use the compound interest formulas A=P and A=Pento solve the problem given. Round answers to the nearest cent. Find the accumulated value of an investment of $25,000 for 4 years at an interest rate of 6% if the money is a compounded semiannually; b.compounded quarterly. c. compounded monthly, d. compounded continuously. a. What is the accumulated value if the money is compounded semiannually? (Round your answer to the nearest cent. Do not include the $ symbol...
Miscellaneous Accruals-Other accruals not separately classified amount to $75,000 as of March 31, 2015. Dividends-On March...
Miscellaneous Accruals-Other accruals not separately classified amount to $75,000 as of March 31, 2015. Dividends-On March 15, 2015, Balzac's board of directors declared a cash dividend of $.40 per common share and a 10% common stock dividend. Both dividends were to be distributed on April 12, 2015, to the common stockholders of record at the close of business on March 31, 2015. Data regarding Balzac common stock are as follows: 4. 5. Par Value Number of shares issued and outstanding...
1) You plan to deposit $1,000 every month into an account paying 6% compounded monthly for...
1) You plan to deposit $1,000 every month into an account paying 6% compounded monthly for the next 5 years. How much will you accumulate over this five year period? 2) What is the future value interest factor of an annuity for #1? 3) If you plan to make annual payments instead of the monthly payments indicated in #1 above, how much will you have to deposit annually to have the same sum accumulated in five years as in #1...
Find the accumulated value of an investment of $700 at 6% compounded monthly for 5 years....
Find the accumulated value of an investment of $700 at 6% compounded monthly for 5 years. Round answer to the nearest cent and do not enter $ sign. (nt) Formula: A=P + Given the quadratic equation, y=ax? + bx + c Find the x-value of the vertex if a=-4, b=16 and c=5. Round answer to the nearest integer. You inherit $10,000 with the stipulation that for the first year the money must be invested in two stocks paying 6% and...
PLEASE SOLVE 1 TO 5 QUESTIONS.
Question 1: To what future value will a principal of $6100.00 amount in three years at 7.6% p.a. compounded: a) annually b) semi-annually c) quarterly d) monthly Question 2: Orange Credit Union expects an average annual growth rate of 16% for the next five years. If the assets of the credit union currently amount to $1.7 million, what will the forecasted assets be in five years? Question 3 A loan for $14320 with interest...
PLEASE SOLVE 3 TO 5 QUESTIONS.
Question 2: Orange Credit Union expects an average annual growth rate of 16% for the next five years. If the assets of the credit union currently amount to $1.7 million, what will the forecasted assets be in five years? Question 3 A loan for $14320 with interest at 4.75% compounded semi-annually is repaid after 7 years. What is the amount of interest paid? Question 4: An investment of $6300.00 earns interest at 11.96% p.a....
PLEASE SOLVE 6 TO 10 QUESTIONS
Question 6: Determine the discounted value now of $7000.00 due in forty-four months at 6.5% compounded quarterly Question 7: Two debt payments, the first in the amount of $3450.00 due today, and the second in the amount of $2700.00 due in 10 months with interest at 9.6% p.a. compounded quarterly, are to be settled by a payment of S4400.00 nine months from now and a final payment in 21 months. Determine the size of...
please solve this question in details as the hidden part is
“compounded monthly” .
Question : 4.9 For a Federal credit Union that offers as
interest rate of 8% per year, compounded monthly, determine the
nominal per 6 months .
For a Federal Credit Union that offers an interest rate of 8% per year, ly, deter- mine the nominal rate per 6 months.
please answer correctly
nt Use the compound interest formulas A=P and A=Pento solve the problem given. Round answers to the nearest cent. Find the accumulated value of an investment of $25,000 for 4 years at an interest rate of 6% if the money is a compounded semiannually; b.compounded quarterly. c. compounded monthly, d. compounded continuously. a. What is the accumulated value if the money is compounded semiannually? (Round your answer to the nearest cent. Do not include the $ symbol...
Miscellaneous Accruals-Other accruals not separately classified amount to $75,000 as of March 31, 2015. Dividends-On March 15, 2015, Balzac's board of directors declared a cash dividend of $.40 per common share and a 10% common stock dividend. Both dividends were to be distributed on April 12, 2015, to the common stockholders of record at the close of business on March 31, 2015. Data regarding Balzac common stock are as follows: 4. 5. Par Value Number of shares issued and outstanding...
Find the accumulated value of an investment of $700 at 6% compounded monthly for 5 years. Round answer to the nearest cent and do not enter $ sign. (nt) Formula: A=P + Given the quadratic equation, y=ax? + bx + c Find the x-value of the vertex if a=-4, b=16 and c=5. Round answer to the nearest integer. You inherit $10,000 with the stipulation that for the first year the money must be invested in two stocks paying 6% and...
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