Calculate the value of $10,000 reveived today and deposited for six years in an account which pays interest of 12% compounded quarterly
We need at least 10 more requests to produce the answer.
0 / 10 have requested this problem solution
The more requests, the faster the answer.
calculate the value of $10,000 received today and deposited for 6 years in an account which pays interest of 12% compounded quarterly
What is the value today of a 10 years annuity of $750 deposited quarterly at the beginning of the period if the saving account pays 6% compounded interest?
$2,000 is deposited today into a bank account. The account earns 4.3% per annum compounded quarterly for the first 4 years, then 6.3% per annum compounded monthly thereafter. Assuming no further deposits or withdrawals are made, (a) Calculate the account balance six months from today. (b) Calculate the account balance 4 years from today. (c) Calculate the account balance 4.25 years from today. (d) Calculate the account balance 13 years from today.
1. If $5,000 is deposited into a savings account that pays 8% interest, compounded quarterly Ya) What will the balance be after 6 years? (5 points)
Suppose $10,000 is deposited into a savings account earning 2% interest compounded quarterly. Find the balance in the account 5 years, rounded to the nearest cent. Use one of the formulas below to solve the problem. Future Value: Present Value: A = P (143) P = (1+ht $14,859.47 $51 097.53
Today, an engineer deposited $34,000 into an account that pays interest at 8% per year compounded semiannually. If there is no interperiod compounding and withdrawals of $1150 in months 2.11 and 23 are already planned, what will be the future value at the end of 3 years? The future value would be $
Future Value 13. You invest $10,000 today in a retirement account that pays 6 percent interest compounded annually. What is the total balance in the account 10 years from today? a. $17,908 14. You invest $10,000 today in a retirement account that pays 6 percent interest compounded annually. What is the total balance in the account 20 years from today? a. $32,071
You deposited $20,000 in a savings account that pays 12 percent interest, compounded quarterly, planning to use it to finish your last year in college. Eighteen months later, you decide to go to the Rocky Mountains to become a ski instructor rather than continue in school, so you close out your account. How much money will you receive?
How much money should be deposited today in an account that earns 5% compounded semiannually so that it will accumulate to $8000 in three years? The amount of money that should be deposited is $ (Round up to the nearest cent.) You deposit $14,000 in an account that pays 5% interest compounded quarterly A. Find the future value after one year B. Use the future value formula for simple interest to determine the effective annual yield. A. The future value...
What lump sum deposited today at 12% compounded quarterly for 5 years will yield the same final amount as deposits of $6000 at the end of each 6-month period for 5 years at 4% compounded semiannually? What is the value of the lump sum?
$5,000 is deposited today into a bank account. The account earns 4.5% per annum compounded half yearly for the first 6 years, then 4.8% per annum compounded quarterly thereafter. Assuming no further deposits or withdrawals are made, (a) Calculate the account balance six months from today. (b) Calculate the account balance 6 years from today. (c) Calculate the account balance 6.5 years from today. (d) Calculate the account balance 10 years from today.