What is the future value six years from now of six $100 deposits occurring at the end of the next six years at a 2% compound annual interest rate? Question 20 options: A) $630.81 B) $600.00 C) $675.70 D) $672.00
What is the future value six years from now of six $100 deposits occurring at the...
What is the present value of $100 ten years from now if the simple rate of interest is0.12? Round your final answer to two decimal places. Question 2 2 pts A deposit of $19 is made at the beginning of each year for 14 years, what is the future value of all deposits if simple rate of interest is 0.09? Round your final answer to two decimal places. Question 3 2 pts In how many years will $100 become $320...
Question 1 2 pts What is the present value of $100 ten years from now if the simple rate of interest is0.25? Round your final answer to two decimal places. Question 2 2 pts A deposit of $11 is made at the beginning of each year for 17 years, what is the future value of all deposits if simple rate of interest is 0.11? Round your final answer to two decimal places. Question 3 2 pts In how many years...
What is the present value of $100 ten years from now if the simple rate of interest is0.26? Round your final answer to two decimal places. Question 2 2 pts A deposit of $19 is made at the beginning of each year for 14 years, what is the future value of al deposits if simple rate of interest is 0.09? Round your final answer to two decimal places.
Question 1 2 pts hat is the present value of $100 ten years from now if the simple rate of interest is0.01? Round your final answer to two decimal places. Question 2 2 pts A deposit of $17 is made at the beginning of each year for 15 years, what is the future value of all deposits if simple rate of interest is 0.01? Round your final answer to two decimal places. Question 3 2 pts In how many years...
5) a) What is the present value of S40 earned 2-years from now if compounding was semi-annual and the interest rate is annually 3%? b) A "black box"just paid $20, which is expected to grow by 3% when the interest rate is 7% forever, what is the present value of this "black box"? c) What is the future value of an annuity due with a $15 cash flow, 4% annual interest with quarterly compounding three-years from now? d) If the...
a) What is the present value of $40 earned 2-years from now if compounding was semi-annual and the interest rate is annually 3%? b) A “black box” just paid $20, which is expected to grow by 3% when the interest rate is 7% forever, what is the present value of this “black box”? c) What is the future value of an annuity due with a $15 cash flow, 4% annual interest with quarterly compounding three-years from now? d) If the...
2 pts Question 2 Vhat is the future value, five years from now, of $60 monthly payments using an interest rate of 0.5% compounded monthly? 300.38 Question 3 2 pts What uniform series of cash flows is equivalent to a $100,000 cash flow 30 years from now, if the uniform cash flows occur at the end of the year for the next 30 years and the periodic interest rate is 12% compounded annually? 414.37
compare with 2-7 What future amount of money will be accumulated 10 years from now by investing $1,000 now plus $2,000 five years from now at 6% interest compounded semi-annually? 2-8 What is the present value of $500 payments to be made at the end of each six-month period for the next 10 years if interest is 8% com- pounded semi-annually?
4. Finding the interest rate and the number of years The future value and present value equations also help in finding the interest rate and the number of years that correspond to present and future value calculations. If a security currently worth $12,800 will be worth $16, 124.31 three years in the future, what is the implied interest rate the investor will earn on the security-assuming that no additional deposits or withdrawals are made? 8.00% 6.40% 7.94% 1.26% for this...
Please write down all the steps. What is the future value 10 years from now of $1,800 invested today at a periodic interest rate of 10% compounded annually? Assuming a MARR of 14%, how much should you save each month to accumulate $1,000,000 over the next 25 years? A construction company purchases a truck for $125,000, and will sell it for $20,000 at the end of five years. The annual operating cost of the truck is $40,000. What is the...