Question

2. Calculate the FV in dollars if a. Present value = £575,000. b. Exchange Rate = $1.30/1£ c. Time frame = 10 years. d. Inter FV is future value
0 0
Add a comment Improve this question Transcribed image text
Answer #1

Since here we have 575000 pound and we want to invest in dollar currency First we need to convert pound into dollar 1 pound =

Add a comment
Know the answer?
Add Answer to:
FV is future value 2. Calculate the FV in dollars if a. Present value = £575,000....
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • 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...

  • list all calculation methods for Fv (future value) Engineering Economics Analysis at compounding interest, students shall...

    list all calculation methods for Fv (future value) Engineering Economics Analysis at compounding interest, students shall show the equations and/or formulas a. Fv Pv (1+i)An FV = future valuve PV - present valuve I compound interest rate n number of period 1. equation: 2. functional nottion: Fv Pv (F/P, I, n) 3. formulation vlIn,PMT,P) b. use three methods to calculate the Fv: Calculate for Fv Find Fv Pv compound interest number of years the deposit at year rate Fve?0,07 of...

  • Each of the following situations is independent. (Future Value of $1, Present Value of $1, Future...

    Each of the following situations is independent. (Future Value of $1, Present Value of $1, Future Value Annuity of $1, Present Value Annuity of $1) (Use appropriate factor(s) from the tables provided.) Case Present Value Annuity Future Value Annual Interest Rate Number of Years A $150,000 ---- (i) 3% 7 B (ii) --- $150,000 4% 6 C (III) $3,000 ---- 2% 10 D ---- $4,000 (IV) 3% 20 Compute the missing amounts for (i) through (iv). (Round your answers to...

  • Calculate the future value of the following single amounts. (FV of $1, PV of $1, FVA...

    Calculate the future value of the following single amounts. (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use appropriate factor(s) from the tables provided. Round your answers to 2 decimal places.) Future Value Initial Investment 1. $ 8,000 6,000 | 3. 9,000 Annual Rate 10 % 12 % 8% Interest Period Compounded Invested Annually 7 years Semiannually 4 years Quarterly 3 years

  • Provided are links to the present and future value tables: (PV of $1, FV of $1,...

    Provided are links to the present and future value tables: (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided. Round your answer to the nearest whole dollar.) a. How much would you have to deposit today if you wanted to have $54,000 in five years? Annual interest rate is 8%. b. Assume that you are saving up for a trip around the world when you graduate in two years....

  • 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. 7.5% per year, compounded daily (assume 365 days/year), after 12 years

  • please solve in the following format, if applicable: FV (future value) = PV (present value) =...

    please solve in the following format, if applicable: FV (future value) = PV (present value) = PMTvend (end payment) = I/YR (interest rate) = N (periods) = 4. Janos Patikos is buying a new house. The purchase price of the house is $650,000 and Janos is making a down payment in cash for 15% of the purchase price and is borrowing the remainder from First Woolsley Trust. The bank is charging an APR of 6.28% and is requiring him to...

  • 2. Future value Aa Aa E The principal of the time value of money is probably...

    2. Future value Aa Aa E The principal of the time value of money is probably the single most important concept in financial management. One of the most frequently encountered applications involves the calculation of a future value. The process for converting present values into future values is called . This process requires knowledge of the values of three of four time-value-of-money variables. Which of the following is not one of these variables? T O The interest rate (1) that...

  • Use future value and present value calculations to determine the following (a) The future value of...

    Use future value and present value calculations to determine the following (a) The future value of a $400 savings deposit after eight years at an annual interest rate of 3 percent. Use Table 1. (Round time value factor to 3 decimal places and final answer to 2 decimal places.) Future value (b) The future value of saving $1,800 a year for five years at an annual interest rate of 4 percent. Use Table 2. (Round time value factor to 3...

  • 1. Compute following based on chart (show your work) a. Compute Present Value Future value Years...

    1. Compute following based on chart (show your work) a. Compute Present Value Future value Years Interest Rate $498 7 13% b. Compute Future Value Present Value Years    Interest Rate $123 13 13% c. Compute time period (Years) Present Value Future Value Interest Rate $100 $348 12% d. Compute the effective annual rate (EAR) APR Stated Rate Number of times compounded Effective Rate 5% Semiannually ?

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT