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For a sum of money invested at 11.8% compounded quarterly for 10 years state the following...
For a sum of money invested at 3.3% compounded monthly for 10 years state the following...
For a sum of money invested at 3.3% compounded monthly 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)" (d) the numerical value of the compounding factor (a) The number of compounding periods is (Type an integer or a decimal.) (b) The periodic rate of interest is (Round to six decimal places as needed.) (c) The compounding factor is 1+ (Type integers or decimals.)...
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
2) since 2007, a particular fund returned 13.5% compounded monthly
2) since 2007, a particular fund returned 13.5% compounded monthly. How much would a $6000 investment in this phone have been worth after two years? Round your answer to the nearest cent. 3.) In the following ordinary annuity, the interest is compounded with each payment, and the payment is made at the end of the compounding.. Find the accumulated amount of the annuity. Round your answer to the nearest cent. $5500 annually at 5% for 10 years. in the following ordinary annuity,...
19. In the following ordinary annuity, the interest is compounded with each payment, and the payment...
19. In the following ordinary annuity, the interest is compounded with each payment, and the payment is made at the end of the compounding period. Find the accumulated amount of the annuity. (Round your answer to the nearest cent.) $2500 annually at 5% for 10 years.
1.In the following ordinary annuity, the interest is compounded with each payment, and the payment is...
1.In the following ordinary annuity, the interest is compounded with each payment, and the payment is made at the end of the compounding period. Find the amount of time needed in years for the sinking fund to reach the given accumulated amount. (Round your answer to two decimal places.) $4500 yearly at 7% to accumulate $100,000. 2.In the following ordinary annuity, the interest is compounded with each payment, and the payment is made at the end of the compounding period....
11 $90,000 invested in an annuity that compounded quarterly, what payments will it provide at the...
11 $90,000 invested in an annuity that compounded quarterly, what payments will it provide at the end of each quarter for the next 2. years? (Round your answer to the nearest cent 3160390 X Need Help? Suppose an annuity will pay $14,000 at the beginning of each year for the next years. How much money is needed to start this annuity in keams 7,7%, compounded annually (Round your answer to the nearest cont.) $ Need Help? To The
in the following ordinary annuity, the interest is compounded with each payment and the payment is...
in the following ordinary annuity, the interest is compounded with each payment and the payment is made at the end of the compounding period. Find the accumulated amount of the amount of annuity. $1000 monthly at 4.2% for 20 years
Calculate the accumulated amount of end-of-month payments of $5,000 made at 3.21% compounded quarterly for 4...
Calculate the accumulated amount of end-of-month payments of $5,000 made at 3.21% compounded quarterly for 4 years. Round to the nearest cent How much should Austin have in a savings account that is earning 4.50% compounded quarterly, if he plans to withdraw $2,400 from this account at the end of every quarter for 9 years? Round to the nearest cent Zachary deposits $350 at the end of every quarter for 4 years and 6 months in a retirement fund at...
this is one complete question . Question #___ (12 Marks) For a sum of money interested...
this is one complete question .
Question #___ (12 Marks) For a sum of money interested at 5% compounded semi-annually for 5 years, state: (a) the nominal annual rate of interest (IY). (b) The number of compounding periods per year (CY). (c) The periods rate of interest (1) FINAL ANSWER: (d) The number of compounding periods in the term (n) (e) The compounding factors (1+i)" (1) The numerical value of the compounding factors. FINAL ANSWER:
An annuity pays $1200 per year for 15 years. The money is invested at 5.2% compounded...
An annuity pays $1200 per year for 15 years. The money is invested at 5.2% compounded annually. The first payment is made 1 year after the purchase of the annuity. Determine the interest earned by the annuity over the 15 years.
For a sum of money invested at 3.3% compounded monthly 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)" (d) the numerical value of the compounding factor (a) The number of compounding periods is (Type an integer or a decimal.) (b) The periodic rate of interest is (Round to six decimal places as needed.) (c) The compounding factor is 1+ (Type integers or decimals.)...
11 $90,000 invested in an annuity that compounded quarterly, what payments will it provide at the end of each quarter for the next 2. years? (Round your answer to the nearest cent 3160390 X Need Help? Suppose an annuity will pay $14,000 at the beginning of each year for the next years. How much money is needed to start this annuity in keams 7,7%, compounded annually (Round your answer to the nearest cont.) $ Need Help? To The
Calculate the accumulated amount of end-of-month payments of $5,000 made at 3.21% compounded quarterly for 4 years. Round to the nearest cent How much should Austin have in a savings account that is earning 4.50% compounded quarterly, if he plans to withdraw $2,400 from this account at the end of every quarter for 9 years? Round to the nearest cent Zachary deposits $350 at the end of every quarter for 4 years and 6 months in a retirement fund at...
this is one complete question .
Question #___ (12 Marks) For a sum of money interested at 5% compounded semi-annually for 5 years, state: (a) the nominal annual rate of interest (IY). (b) The number of compounding periods per year (CY). (c) The periods rate of interest (1) FINAL ANSWER: (d) The number of compounding periods in the term (n) (e) The compounding factors (1+i)" (1) The numerical value of the compounding factors. FINAL ANSWER:
An annuity pays $1200 per year for 15 years. The money is invested at 5.2% compounded annually. The first payment is made 1 year after the purchase of the annuity. Determine the interest earned by the annuity over the 15 years.
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