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Find the accumulated value of an investment of $700 at 6% compounded monthly for 5 years....
Question 5 2.39 Points If $1116 is invested at 5.12% for 6 years, find the future...
Question 5 2.39 Points If $1116 is invested at 5.12% for 6 years, find the future value if the interest is compounded semi-annually. Round to the nearest whole number. Do not put the $ in your answer or any units. Only put the number value for your answer. Add your answer
What is the future value of $119,000 invested for 5 years at 8% compounded monthly? (a)...
What is the future value of $119,000 invested for 5 years at 8% compounded monthly? (a) State the type amortization future value present value ordinary annuity sinking fund (b) Answer the question. (Round your answer to the nearest cent.) $
Find the value, in 2 years’ time, of $4000 invested at 5% compounded annually. In the...
Find the value, in 2 years’ time, of $4000 invested at
5% compounded annually. In the
following 2 years, the interest rate is expected to rise to 8%.
Find the final value of the
investment at the end of the 4-year period, and find the overall
percentage increase. Give
your answers correct to 2 decimal places.
Find the value, in 2 years’ time, of $4000 invested at
5% compounded annually. In the
following 2 years, the interest rate is expected...
Find the interest rate for a $7500 deposit accumulating to $12,042, compounded annually for 8 years....
Find the interest rate for a $7500 deposit accumulating to $12,042, compounded annually for 8 years. The interest rate is %. (Do not round until the final answer. Then round to two decimal places as needed.) Find the face value of the zero-coupon bond. 17-year bond at 5.4%; price $6000 The face value will be $ (Do not round until the final answer. Then round to the nearest dollar as needed.) Find the face value of the zero-coupon bond. 20-year...
please answer correctly nt Use the compound interest formulas A=P and A=Pento solve the problem given....
please answer correctly
nt Use the compound interest formulas A=P and A=Pento solve the problem given. Round answers to the nearest cent. Find the accumulated value of an investment of $25,000 for 4 years at an interest rate of 6% if the money is a compounded semiannually; b.compounded quarterly. c. compounded monthly, d. compounded continuously. a. What is the accumulated value if the money is compounded semiannually? (Round your answer to the nearest cent. Do not include the $ symbol...
Please solve by hand . DO NOT SOLVE USING EXCEL QUESTION 6 GMC purchased a $180,000...
Please solve by hand . DO NOT SOLVE USING EXCEL
QUESTION 6 GMC purchased a $180,000 milling machine, which will be used for years. The machine is expected to save the company $30,000 during th first year of operation. Then, the annual savings is expected to DECREASE by 3% per year over the previous year due to additional cos of maintenance. The machine is to be operated 5,000 hours per yea (on average) and the machine is expected to have...
Question 6 0.6 pts Chester deposited $420728 into an account paying 5% interest compounded annual...
Question 6 0.6 pts Chester deposited $420728 into an account paying 5% interest compounded annually with the goal of letting the money accrue interest until the end of year 32. Unfortunately, Chester had a small health crisis at the end of year 10 and had to use the money in the account for several years to help with expenses. Chester made an annual withdrawal of $41167 at the end of each year for 5 years. Chester's health improved and he...
Find the present value of $700 due in the future under each of these conditions: 7%...
Find the present value of $700 due in the future under each of these conditions: 7% nominal rate, semiannual compounding, discounted back 10 years. Do not round intermediate calculations. Round your answer to the nearest cent. 7% nominal rate, quarterly compounding, discounted back 10 years. Do not round intermediate calculations. Round your answer to the nearest cent. 7% nominal rate, monthly compounding, discounted back 1 year. Do not round intermediate calculations. Round your answer to the nearest cent. Why do...
A 54542.16 investment matures in 6 years, 2 months. Find the maturity value if interest is...
A 54542.16 investment matures in 6 years, 2 months. Find the maturity value if interest is 2.9% per annum compounded semi-annually The maturity value is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
A $7114 22 investment matures in 6 years, 4 months. Find the maturity value if interest...
A $7114 22 investment matures in 6 years, 4 months. Find the maturity value if interest is 4.1% per annum compounded annually The maturity value is s (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal nlaces as needed
Question 5 2.39 Points If $1116 is invested at 5.12% for 6 years, find the future value if the interest is compounded semi-annually. Round to the nearest whole number. Do not put the $ in your answer or any units. Only put the number value for your answer. Add your answer
What is the future value of $119,000 invested for 5 years at 8% compounded monthly? (a) State the type amortization future value present value ordinary annuity sinking fund (b) Answer the question. (Round your answer to the nearest cent.) $
Find the value, in 2 years’ time, of $4000 invested at
5% compounded annually. In the
following 2 years, the interest rate is expected to rise to 8%.
Find the final value of the
investment at the end of the 4-year period, and find the overall
percentage increase. Give
your answers correct to 2 decimal places.
Find the value, in 2 years’ time, of $4000 invested at
5% compounded annually. In the
following 2 years, the interest rate is expected...
Find the interest rate for a $7500 deposit accumulating to $12,042, compounded annually for 8 years. The interest rate is %. (Do not round until the final answer. Then round to two decimal places as needed.) Find the face value of the zero-coupon bond. 17-year bond at 5.4%; price $6000 The face value will be $ (Do not round until the final answer. Then round to the nearest dollar as needed.) Find the face value of the zero-coupon bond. 20-year...
please answer correctly
nt Use the compound interest formulas A=P and A=Pento solve the problem given. Round answers to the nearest cent. Find the accumulated value of an investment of $25,000 for 4 years at an interest rate of 6% if the money is a compounded semiannually; b.compounded quarterly. c. compounded monthly, d. compounded continuously. a. What is the accumulated value if the money is compounded semiannually? (Round your answer to the nearest cent. Do not include the $ symbol...
Please solve by hand . DO NOT SOLVE USING EXCEL
QUESTION 6 GMC purchased a $180,000 milling machine, which will be used for years. The machine is expected to save the company $30,000 during th first year of operation. Then, the annual savings is expected to DECREASE by 3% per year over the previous year due to additional cos of maintenance. The machine is to be operated 5,000 hours per yea (on average) and the machine is expected to have...
Question 6 0.6 pts Chester deposited $420728 into an account paying 5% interest compounded annually with the goal of letting the money accrue interest until the end of year 32. Unfortunately, Chester had a small health crisis at the end of year 10 and had to use the money in the account for several years to help with expenses. Chester made an annual withdrawal of $41167 at the end of each year for 5 years. Chester's health improved and he...
A 54542.16 investment matures in 6 years, 2 months. Find the maturity value if interest is 2.9% per annum compounded semi-annually The maturity value is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
A $7114 22 investment matures in 6 years, 4 months. Find the maturity value if interest is 4.1% per annum compounded annually The maturity value is s (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal nlaces as needed
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