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ast cuss the similarities and the differences in the graphs of future value A as a...
1. What is the future value in 7.4 years of $8651 invested in an account with...
1. What is the future value in 7.4 years of $8651 invested in an account with a stated annual interest rate of 10%, compounded annually? 2. What is the future value in 14 years of $818 invested in an account with a stated annual interest rate of 4.3%, compounded semi-annually? 3. What is the future value in 5 years of $7922 invested in an account with a stated annual interest rate of 5.8%, compounded monthly 4. What is the future...
Find the future value of an investment of $3,900 made today for the following rates and...
Find the future value of an investment of $3,900 made today for the following rates and periods: (If you solve this problem with algebra round intermediate calculations to 4 decimal places, in all cases round your answers to the nearest penny.) a. 6.25 percent compounded semiannually for 12 years. Future value? b. 7.63 percent compounded quarterly for 6 years. Future value? c. 8.9 percent compounded monthly for 10 years. Future value? d. 10 percent compounded daily for 3 years. Future...
1. What is the value of the following investments in the future? (show your work): a)...
1. What is the value of the following investments in the future? (show your work): a) b) c) d) e) $6,000 invested for 5 years at 16% compounded quarterly?.. $9,000 invested for 7 years at 8% compounded semi-annually? $875 invested for 1 year at 12% compounded monthly?» $22,000 invested for 5 years at 5% compounded annually?» How long will it take to double your investment if the interest rate is 3%?
What is the future value of $119,000 invested for 5 years at 8% compounded monthly? (a)...
What is the future value of $119,000 invested for 5 years at 8% compounded monthly? (a) State the type amortization future value present value ordinary annuity sinking fund (b) Answer the question. (Round your answer to the nearest cent.) $
will rate and like thanks! Question 4 1 pts What is the future value, ten years...
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Question 4 1 pts What is the future value, ten years from now, often $1,000 series of payments using a period interest rate of 8% compounded annually? $14,486,56 $10,824,39 $13,845.01 None of these choices Previous Next & 1 pts Question 5 What is the future value, five years from now of sixty $100 monthly payments using an interest rate of 0.7% compounded monthly? $32.97 $748.80 $6,422.53 $7.424,80
Problem 4-2 Calculating Future Values a. Compute the future value of $1,000 compounded annually for 20...
Problem 4-2 Calculating Future Values a. Compute the future value of $1,000 compounded annually for 20 years at 7 percent. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Future value $ b. Compute the future value of $1,000 compounded annually for 15 years at 8 percent. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Future value $ c. Compute the future value of $1,000 compounded annually...
1. Calculate the present value of $50,000 to be received in 15 years assuming an annual...
1. Calculate the present value of $50,000 to be received in 15 years assuming an annual interest rate of 6%. 2. Calculate the present value of $1,000,000 to be received in 20 years assuming an annual interest rate of 5%, compounded monthly. 3. Calculate the future value of $1,000 invested for 5 years assuming an annual interest rate of 20%. 4. Calculate the future value of $12,000 invested for 18 years assuming an annual interest rate of 12%, compounded monthly....
find the future value of $5000 invested for 10 years at 8% per year compounded monthly? a. $11,098.20 b. $10,800.00 c. $...
find the future value of $5000 invested for 10 years at 8% per year compounded monthly? a. $11,098.20 b. $10,800.00 c. $10,794.62 d. $11,095.15
Calculate, to the nearest cent, the future value FV of an investment of $10,000 at the...
Calculate, to the nearest cent, the future value FV of an investment of $10,000 at the stated interest rate after the stated amount of time. HINT (See Quick Examples 1 and 2.] 7.5% per year, compounded daily (assume 365 days/year), after 12 years FV = $ Need Help? Read It Watch It Talk to a Tutor . +-/1 points WaneFM7 2.2.012. Calculate the present value PV of an investment that will be worth $1,000 at the stated interest rate after...
n1 Use the model A - Pe" or A-P where A is the future value of...
n1 Use the model A - Pe" or A-P where A is the future value of P dollars invested at interest rater compounded continuously or n times per year for years. Victor puts aside $10,000 in an account with interest compounded continuously at 2.2%. How long will it take for him to earn $2000? Round to the nearest month. It will take approximately years and months for him to earn $2000. where A is the future value of P dollars...
1. What is the value of the following investments in the future? (show your work): a) b) c) d) e) $6,000 invested for 5 years at 16% compounded quarterly?.. $9,000 invested for 7 years at 8% compounded semi-annually? $875 invested for 1 year at 12% compounded monthly?» $22,000 invested for 5 years at 5% compounded annually?» How long will it take to double your investment if the interest rate is 3%?
What is the future value of $119,000 invested for 5 years at 8% compounded monthly? (a) State the type amortization future value present value ordinary annuity sinking fund (b) Answer the question. (Round your answer to the nearest cent.) $
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Question 4 1 pts What is the future value, ten years from now, often $1,000 series of payments using a period interest rate of 8% compounded annually? $14,486,56 $10,824,39 $13,845.01 None of these choices Previous Next & 1 pts Question 5 What is the future value, five years from now of sixty $100 monthly payments using an interest rate of 0.7% compounded monthly? $32.97 $748.80 $6,422.53 $7.424,80
Calculate, to the nearest cent, the future value FV of an investment of $10,000 at the stated interest rate after the stated amount of time. HINT (See Quick Examples 1 and 2.] 7.5% per year, compounded daily (assume 365 days/year), after 12 years FV = $ Need Help? Read It Watch It Talk to a Tutor . +-/1 points WaneFM7 2.2.012. Calculate the present value PV of an investment that will be worth $1,000 at the stated interest rate after...
n1 Use the model A - Pe" or A-P where A is the future value of P dollars invested at interest rater compounded continuously or n times per year for years. Victor puts aside $10,000 in an account with interest compounded continuously at 2.2%. How long will it take for him to earn $2000? Round to the nearest month. It will take approximately years and months for him to earn $2000. where A is the future value of P dollars...
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