#9,10,11 9. -45.55 points WaneFM7 2.R.001 Find the future value of the investment. (Round your answer...
Calculate, to the nearest cent, the future value FV of an investment of $10,000 at the stated interest rate after the stated amount of time. HINT (See Quick Examples 1 and 2.] 7.5% per year, compounded daily (assume 365 days/year), after 12 years FV = $ Need Help? Read It Watch It Talk to a Tutor . +-/1 points WaneFM7 2.2.012. Calculate the present value PV of an investment that will be worth $1,000 at the stated interest rate after...
d-1 points TanFin12 5.2.006 Find the amount (future value) of the ordinary annuity. (Round your answer to the nearest cent.) $650/month for 16 years at 8%/year compounded monthly Need Help? RaitWateh t Watch It
를 years at 9%, compounded quarterly. (Round your answer to the nearest cent.) Find the future value of an annuity due of $900 each quarter for 8 $45233.98 X Need Help? Raad Marit Talk to Tutor Suppose a state lottery prize is to be paid in 25 payments of $120,000 each at the end of each of the next 25 years. If money is worth 8%, compounded annually, what is the present value of the prize? (Round your answer to...
Find the future value, using the future value formula and a calculator. (Round your answer to the nearest cent.) $119,700 at 5.5% compounded continuously for 30 years $
Find future value. (Round your answer to the nearest cent.) $2,000 8% 2 years Quarterly Future value
Find the monthly payment that will yield the given future value. (Round your answer to the nearest cent.) $240,000 at 10 1/2 % interest for forty-two years; ordinary annuity
Find the monthly payment that will yield the given future value. (Round your answer to the nearest cent.) $105,000 at 9 1/4 % interest for thirty-two years; ordinary annuity
Find the future value of the given annuity. (Round your answer to the nearest cent.) ordinary annuity, $185 monthly payment,6 1/8 % interest, eleven years
1. -15 points Find the requested value and tell what the other numbers represent. Find P: 11716 = P + P(0.04X4) Need Help? Read It Watch It Talk to a Tutor 2. -12 points $14,000 is invested for 4 years at an annual simple interest rate of 12%. (a) How much interest will be earned? (b) What is the future value of the investment at the end of the 4 years? Need Help? Read It Watch It Talk to a...
Find the amount (future value) of the ordinary annuity. (Round your answer to the nearest cent.) $350/month for 19 years at 7%/year compounded monthly