Correct answer---------------$1,299.64
Working
Cash invested | $ 500.00 |
Divided by : PV factor @1% after 96 terms | 0.384723 |
Future value | $ 1,299.64 |
Question 2 (1 point) Calculate the future value (FV) of: $500 today invested in a financial...
Question 1 (1 point) Calculate the future value (FV) of: $1,250 today invested in a financial tool with a rate of return of 8% that compounds once a year for 5 years. $1,858.89 $1,353.25 $1,836.66 $1,350.00 Question 2 (1 point) Calculate the future value (FV) of: $500 today invested in a financial tool with a rate of return of 12% that compounds 12 times a year for 8 years. 20 PWPXO
Calculate the Effective Annual Rate (EAR): $500 today invested in a financial tool with a rate of return of 12% that compounds 12 times a year for 8 years. 3 6 12.0000% 1.0046% 9 1.0000% 12.6825% Question 4 (1 point) Calculate the future value (FV); Yearly payments of $50 starting on year 1 in a financial tool with a rate of return of 10% that compounds 1 times a year for 5 years. $330.78 $305.26
Question 3 (1 point) Calculate the Effective Annual Rate (EAR): $500 today invested in a financial tool with a rate of return of 12% that compounds 12 times a year for 8 years. 12.0000% 1.0046% 1.0000% 12.6825%
Question 4 (1 point) Calculate the future value (FV): Yearly payments of $50 starting on year 1 in a financial tool with a rate of return of 10% that compounds 1 times a year for 5 years. $330.78 $305.26 $380.78 $260.20
Using a financial calculator or spreadsheet, calculate the future value in 5.50 years of $14,900 invested today in an account that pays a stated annual interest rate of 6%, compounded monthly. The future value,FV, on this deposit is $_____. (Round to the nearest cent.)
Question (2): (1x5-5 Marks) 1- Calculate the future value of $12,000 invested today for 3 years if your investment pays 8% compounded semiannually (1.0 Mark) 2- Calculate the present value of $9,000 received 6 years from today if your investment pays 12% compounded quarterly. (1.0 Mark) (3.0 Marks) 3- Calculate the present value of the following annuity stream: a) Ordinary annuity of $5,000 received each year for 5 years if your investment pays 5% (Imark) compounded annually. b) Ordinary annuity...
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
FV is future value
2. Calculate the FV in dollars if a. Present value = £575,000. b. Exchange Rate = $1.30/1£ c. Time frame = 10 years. d. Interest rate = 7%.
Using a financial calculator or spreadsheet, calculate the following: a. The future value of a deposit of $380 left in an account paying 8% annual interest for 15 years. b. The future value at the end of 9 years of an annual end-of-year deposit of $500 into an account paying 11% annual interest a. The future value, FV, on a deposit of $380 left in an account paying 8% annual interest for 15 years is $ 1205.42. (Round to the...
Using Excel to calculate the following: 1. The future value of $3 invested every day, 360 days per year, for 50 years at 8% interest. Hint: Interest is compounding daily. 2. The future value of $1,080 ($3 x 360) invested annually for 50 years at 8% interest. 3. The payment for a mortgage with a principal amount of $150,000, an interest rate of 5%, fully amortized over 30 years. 4. The price today of 15 year bond that has a...