How many years are required for P 1,000 to increase to P 2,000 if invested at...
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How many years are required for P 1,000 to increase to P 2,000 if invested at...
17. Determine the amount of each investment. a) $6500 invested at 4% per year, compounded semi-annually,...
17. Determine the amount of each investment. a) $6500 invested at 4% per year, compounded semi-annually, for 3 years b) $3200 invested at 3% per year, compounded quarterly, for 8 years c) $900 invested at 6% per year, compounded daily, for 150 days d) $25 000 invested at 8% per year, compounded monthly, for 35 years
154. How much money must be invested in an account that pays 6% per year in-...
154. How much money must be invested in an account that pays 6% per year in- terest to be worth $20,000 at the end of 8 years if (forgetting leap years and making "convenient" assumptions): a. Interest is compounded annually? onomani a b. Interest is compounded semi-annually? c. Interest is compounded quarterly? Wo b d. Interest is compounded monthly? no wo o e. Interest is compounded weekly? f. Interest is compounded daily? g. Interest is compounded hourly? h. Interest is...
Engineering economics
How many years are required for P10,000.00 to increase to P20,000.00 if invested at 9% per year compounded annually, semi-annually, quarterly and monthly.2. If the sum of P12,000.00 is deposited in an account earning interest at the rate of 9% compounded quarterly, what will be the accumulated amount at the end of 8 years?3. Annual deposits were made in a fund earning 10% per annum. The first deposit wasP2000.00 and each deposit thereafter was P200.00 less than the preceding one....
16. Suppose $15,000 is invested at an annual rate of 5% for 12 years. Find the...
16. Suppose $15,000 is invested at an annual rate of 5% for 12 years. Find the compounded amount interest is compounded as follows. a.) Annually b.) Semiannually c.) Quarterly d.) Monthly 17. Find the present value of each compounded amount: a.) $42000 in 7 years, 6% compounded monthly. b) $17,650 in 4 years, 4% compounded quarterly. c.) S 1347.89 in 3 years, 5.5% compounded semiannually. 18. Find the future value of each annuity. a.) S 1288 deposited at the end...
How much FW will be 10 years from now if you deposit $1,000 now and $2,000...
How much FW will be 10 years from now if you deposit $1,000 now and $2,000 five years from now, if the account earns interest at a rate of 9% per semiannual, compounded monthly? FW = 1000(F/P, 9.38%, 20) + 2000(F/P, 9.38%, 10) FW = 1000(F/P, 9.34%, 20) + 2000(F/P, 9.34%, 10) FW = 1000(F/P, 9.38%, 10) + 2000(F/P, 9.38%, 5) FW = 1000(F/P, 9.34%, 10) + 2000(F/P, 9.34%, 5)
How much will $20,000 invested today at 3 percent interest be worth in 5 years if...
How much will $20,000 invested today at 3 percent interest be worth in 5 years if it is compounded annually? How much will it be worth in 5 years if compounded monthly? Value Today- Rate- Number of years- Months per year- Compounding periods- Rate per quarter- Annual FV- Monthly FV-
(Compound value solving for n) How many years will the following take? a. $520 to grow...
(Compound value solving for n) How many years will the following take? a. $520 to grow to $1,129.38 if invested at 9 percent compounded annually b. $38 to grow to $65.29 if invested at 7 percent compounded annually c. $120 to grow to $520.14 if invested at 13 percent compounded annually d. $55 to grow to $69.44 if invested at 6 percent compounded annually a. How many years will it take for $520 to grow to $1,129.38 if invested at...
Assume you have a liability with three required payments: $3,000 due in 1 year; $2,000 due in 2 years; and $1,000 due in...
Assume you have a liability with three required payments: $3,000 due in 1 year; $2,000 due in 2 years; and $1,000 due in 3 years. (a) What is the Macaulay duration of this liability at a 20% (annually compounded) rate of interest? (b) What about at a 5% (annually compounded) rate of interest?
How many years will it take $500 to grow to $1,586 if it is invested at...
How many years will it take $500 to grow to $1,586 if it is invested at 8% compounded annually?
2. Determine the future value amount of $400 invested at 6% per annum compounded quarterly for...
2. Determine the future value amount of $400 invested at 6% per annum compounded quarterly for three years and five months. 3. A demand loan of $10,000 is repaid by payments of $5000 in one year, $6000 in four years, and a final payment in six years. Interest on the loan is at 10% per annum compounded quarterly during the first year, 8% per annum compounded semi-annually for the next three years and 7.5% per annum compounded annually for the...
17. Determine the amount of each investment. a) $6500 invested at 4% per year, compounded semi-annually, for 3 years b) $3200 invested at 3% per year, compounded quarterly, for 8 years c) $900 invested at 6% per year, compounded daily, for 150 days d) $25 000 invested at 8% per year, compounded monthly, for 35 years
154. How much money must be invested in an account that pays 6% per year in- terest to be worth $20,000 at the end of 8 years if (forgetting leap years and making "convenient" assumptions): a. Interest is compounded annually? onomani a b. Interest is compounded semi-annually? c. Interest is compounded quarterly? Wo b d. Interest is compounded monthly? no wo o e. Interest is compounded weekly? f. Interest is compounded daily? g. Interest is compounded hourly? h. Interest is...
16. Suppose $15,000 is invested at an annual rate of 5% for 12 years. Find the compounded amount interest is compounded as follows. a.) Annually b.) Semiannually c.) Quarterly d.) Monthly 17. Find the present value of each compounded amount: a.) $42000 in 7 years, 6% compounded monthly. b) $17,650 in 4 years, 4% compounded quarterly. c.) S 1347.89 in 3 years, 5.5% compounded semiannually. 18. Find the future value of each annuity. a.) S 1288 deposited at the end...
How much FW will be 10 years from now if you deposit $1,000 now and $2,000 five years from now, if the account earns interest at a rate of 9% per semiannual, compounded monthly? FW = 1000(F/P, 9.38%, 20) + 2000(F/P, 9.38%, 10) FW = 1000(F/P, 9.34%, 20) + 2000(F/P, 9.34%, 10) FW = 1000(F/P, 9.38%, 10) + 2000(F/P, 9.38%, 5) FW = 1000(F/P, 9.34%, 10) + 2000(F/P, 9.34%, 5)
(Compound value solving for n) How many years will the following take? a. $520 to grow to $1,129.38 if invested at 9 percent compounded annually b. $38 to grow to $65.29 if invested at 7 percent compounded annually c. $120 to grow to $520.14 if invested at 13 percent compounded annually d. $55 to grow to $69.44 if invested at 6 percent compounded annually a. How many years will it take for $520 to grow to $1,129.38 if invested at...
2. Determine the future value amount of $400 invested at 6% per annum compounded quarterly for three years and five months. 3. A demand loan of $10,000 is repaid by payments of $5000 in one year, $6000 in four years, and a final payment in six years. Interest on the loan is at 10% per annum compounded quarterly during the first year, 8% per annum compounded semi-annually for the next three years and 7.5% per annum compounded annually for the...
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