What is the future value of $25 a week for 40 years at 8.71 percent interest? Assume the first payment occurs at the end of this week.
What is the future value of $25 a week for 40 years at 8.71 percent interest?...
-What is the future value of $1,200 a year for 40 years at 8 percent interest? Assume annual compounding. A. $301,115 B. $306,492 C. $310,868 D. $342,908 E. $347,267 -Karen is borrowing $17,800 to buy a car. The terms of the loan call for monthly payments for 5 years at 8.6 percent interest. What is the amount of each payment? A. $287.71 B. $291.40 C. $301.12 D. $342.76 E. $366.05 -Jonathan Corp. is evaluating a project with an initial cash...
What is the future value of $2,050 per year for 25 years at an interest rate of 6.27 percent? Multiple Choice $108,020.36 $112,431.80 $116,843.23 $112,814.16 $111,763.09
Future Value Compute the future value in year 8 of a $350 deposit in year 3 and another $150 deposit at the end of year 5 using a 10% interest rate. Future Value of an Annuity What is the future value of a $1,700 annuity payment over 10 years if the interest rates are 9 percent? Present Value of a Perpetuity What's the present value, when interest rates are 6.80 percent, of a $130 payment made every year forever? Future...
what is the future value of a $980 annuity payment over six years if interest rates are 10 percent?
Use compounded interest rate unless it explicitly requires using simple interest. What is the future value of a $400/month deposit at the end of 4 years? Your first deposit occurs now (at month 0) and your last deposit is at the end of month 48. The monthly interest rate is 1% compounded monthly.
What is the difference in the future value of $100 at 7 percent interest for 5 years if the interest is compounded semiannually rather than annually?
E1-15 - What is the future value (FV) after 4 years of the following investments: Payment $250 weekly starting week 1(assume 52 weeks per year). Interest Rate is 6% per year compounded quarterly.
7. What is the future value of a 25-year ordinary annuity with annual payments of $6,000, evaluated at a 10 percent interest rate? (Annuity, saving for your retirement) 8. Prepare the loan amortization schedule ($15) You borrow $1,000, and the loan is to be repaid in three equal payments at the end of cach of the next three years. The lender charges a 6 percent interest rate on the loan balance that is outstanding at the beginning of each year....
7) What is the future value of a $400/month deposit at the end of 3 years? Your first deposit occurs now (at time 0) and your last deposit is at the end of period 36. The interest rate is 12% annual rate compounded monthly. Note: Since the interest is compounded monthly, you'll want to use months as the time period for the problem. The applicable interest rate for each month would therefore be 1%.
what is the future value of 2125 per year for 27 years at an interest rate of 6.33 percent