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What sum of money will grow to $4663.73 in eight years at 6% compounded annually? The...
What sum of money will grow to $3443.75 in seven years at 8.3% compounded semi-annually? The...
What sum of money will grow to $3443.75 in seven years at 8.3% compounded semi-annually? The sum of money is $0 (Round to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
What sum of money will grow to $6347.24 in nine years at 4% compounded quarterly? The...
What sum of money will grow to $6347.24 in nine years at 4% compounded quarterly? The sum of money is $ (Round to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
How many years will it take for $490 to grow to $1,026.32 if it's invested at 6 percent compounded annually? The nu...
How many years will it take for $490 to grow to $1,026.32 if it's invested at 6 percent compounded annually? The number of years it will take for $490 to grow to $1,026.32 at 6 percent compounded annually is (Round to one decimal place.)
A demand loan of $6000.00 is repaid by payments of $3000.00 after two years, $3000.00 after four years, and a final payment after eight years. Interest is 5% compounded semi-annually for the first two years, 6% compounded annually for the next two years,
A demand loan of $6000.00 is repaid by payments of $3000.00 after two years, $3000.00 after four years, and final payment after eight years. Interest is 5% compounded semi-annually for the first two years, 6% compounded annually for the next two years, and 6% compounded semi-annually thereafter. What is the size of the final payment?
What sum deposited today at 5% compounded annually for 8 years will provide the same amount...
What sum deposited today at 5% compounded annually for 8 years will provide the same amount as $2400 deposited at the end of each year for 8 years at 8% compounded annually? What sum would have to be deposited today at 5% interest compounded annually? (Round to the nearest cent.)
For a sum of money invested at 4.44.4% compounded semi dash annuallysemi-annually for 33 years state the following valu...
For a sum of money invested at 4.44.4% compounded semi dash annuallysemi-annually for 33 years state the following values. (a) the number of compounding periods (b) the periodic rate of interest (c) the compounding factor left parenthesis 1 plus i right parenthesis Superscript n(1+i)n (d) the numerical value of the compounding factor
4) If a person deposits $2000 in to an account paying 6% compounded annually one year...
4) If a person deposits $2000 in to an account paying 6% compounded annually one year from now and then increases his deposits by 100$ each year for the next eight years, determine the amount of money that will be in the account at the end of eight years. 5) What is the equivalent present amount of a fifteen year period series of decreasing amounts if the interest rate is 12% compounded annually the first year amount is $35000 and...
For a sum of money invested at 11.8% compounded quarterly for 10 years state the following...
For a sum of money invested at 11.8% compounded quarterly for 10 years state the following values a) the number of compounding periods b) the periodic rate of interest (c) the compounding factor (1 + i)n (d) the numerical value of the compounding factor (a) The number of compounding periods is 4 (Type an integer or a decimal.) (b) The periodic rate of interest is %. (Round to six decimal places as needed.) A (C) The compounding factor is (1+...
17. A business worth $180,000 is expected to grow at 12% per year compounded annually for...
17. A business worth $180,000 is expected to grow at 12% per year compounded annually for the next 4 years. (a) Find the expected future value. (b) If funds from the sale of the business today would be placed in an account yielding 8% compounded semiannually, what would be the minimum acceptable price for the business at this time? 18. A corporation worth $40 million is expected to grow at 8% per year compounded annually for 5 years. (a) Find...
How many years will the following take? $644 to grow to $13,342 if invested at 16.81 percent, compounded annually.
How many years will the following take? $644 to grow to $13,342 if invested at 16.81 percent, compounded annually.
What sum of money will grow to $3443.75 in seven years at 8.3% compounded semi-annually? The sum of money is $0 (Round to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
What sum of money will grow to $6347.24 in nine years at 4% compounded quarterly? The sum of money is $ (Round to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
What sum deposited today at 5% compounded annually for 8 years will provide the same amount as $2400 deposited at the end of each year for 8 years at 8% compounded annually? What sum would have to be deposited today at 5% interest compounded annually? (Round to the nearest cent.)
For a sum of money invested at 11.8% compounded quarterly for 10 years state the following values a) the number of compounding periods b) the periodic rate of interest (c) the compounding factor (1 + i)n (d) the numerical value of the compounding factor (a) The number of compounding periods is 4 (Type an integer or a decimal.) (b) The periodic rate of interest is %. (Round to six decimal places as needed.) A (C) The compounding factor is (1+...
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