Present value = Future value/(1+i)^n
i = interest rate per period
n= number of periods
=>
future value = 10000 * (1+8%)^5
= 14693.28
= 14690
Find the future value of $10,000 invested now tertve years of the annual interes s e...
Attempts: Average be number of years 4. Finding the interes Aa The future value and pre correspond to present and quations also help in finding the interest rate and the number of years that value calculations. If a security currently worth $12,800 will be worth $18,807.40 five years in the future, what is the implied interest rate the investor will earn on the setsrity-assuming that no additional deposits or withdrawals are made? O O 8.00% 0.29% 1.47% 6.40% If an...
1. What is the future value in 7.4 years of $8651 invested in an account with a stated annual interest rate of 10%, compounded annually? 2. What is the future value in 14 years of $818 invested in an account with a stated annual interest rate of 4.3%, compounded semi-annually? 3. What is the future value in 5 years of $7922 invested in an account with a stated annual interest rate of 5.8%, compounded monthly 4. What is the future...
What is the future value of $1 invested for 10 years if the 12 percent annual rate of interest is compounded quarterly? (A) $2.93 B $3.25 $3.26 $2.30
If $10,000 is invested in a money market account that earns an annual rate of interest of r, and interest is compounded weekly, then after 10 years the future value ( FV ) of the initial investment is given by the formula FV = 10,000[1+ r/ 52 ] ^ 520. (a) How does the future value change with the annual rate of interest? (b) Derive the elasticity of the future value with respect to the annual rate of interest? (c)...
10. 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 of $10,000 will be worth $14,693 five years in the future, assuming that no additional deposits or withdrawals are made, what is the Implied interest rate the investor will earn on the security? O 4.80% O 6.00% O 6.40% O...
Which of the following investments will have the highest future value? $1,300 invested at an annual interest rate of 10% for 5 years O $1,000 invested at an annual interest rate of 10% for 10 years O $1,300 invested at an quarterly interest rate of 2.25% for 5 years $1,000 invested at an quarterly interest rate of 2.25% for 10 years
1. In a future value of 1 table: Annual Rate Number of Years Invested Compounded () Rate of Interest (b) Number of Periods a. 10% Annually b. 8% Quarterly 10% Semiannually 2. In a present value of an annuity of 1 table: Annual Rate Number of Years Invested Number of Rents Involved Frequency of Rents (a) Rate of Interest (6) Number of Periods 1096 26 Annually 12% 15 30 Semiannually 8% Quarterly LINK TO TEXT Question Attempts: 0 of 3...
5. What is the future value after 15 years of $10,000 invested ioday at 10% interest? A) $23,942 B) $31,772 C) $41,772 D) $45,950
Find the Future Value in 24 years of $8443 to be invested today if you can earn a rate of return of 7.32%. (round to the nearest cent)
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