Question

Tyler Town Corporation invested $18,000 in a 80-year(s) investment at 32% interest, compounding quarterly. What is the f...

Tyler Town Corporation invested $18,000 in a 80-year(s) investment at 32% interest, compounding quarterly. What is the future value? (Enter answer as a positive number.)

0 0
Add a comment Improve this question Transcribed image text
Answer #1

Hey Dear,

Hope you are also doing well.

I have tried to give best possible answer. If you have any doubts, please mention in comment section. I will definitely respond back as early possible.

And please excuse my bad handwriting.

Ans; Future Value : $829737613195 Billing wonkings: a Quarterly Interest rate 32/4 = 88 Number of quater in 80 years = 320 F$

Thanks Dear, Have a Wonderful Day.

Add a comment
Know the answer?
Add Answer to:
Tyler Town Corporation invested $18,000 in a 80-year(s) investment at 32% interest, compounding quarterly. What is the f...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Tyler Town Corporation invested $22,000 in a 60-year(s) investment at 20% interest, compounding quarterly. What is...

    Tyler Town Corporation invested $22,000 in a 60-year(s) investment at 20% interest, compounding quarterly. What is the future value? (Enter answer as a positive number.) Amount Keystroke Step 1: 22,000 Step 2: Z Step 3: 240 Step 4: Answer: MAC Enterprises borrowed $19,000 from its bank at a 16% annual interest rate, compounded annually and will repay $30,000. Determine when MAC Enterprises will repay the loan. (Note: When entering Time Value of Money problems with two dollar amounts, one of...

  • What is the present value of 82,308 received 5 years from today assuming quarterly compounding and...

    What is the present value of 82,308 received 5 years from today assuming quarterly compounding and a discount rate of 6.5 percent? Provide answer with 2 decimals *** ENTER AS A POSITIVE NUMBER ***

  • On January 1, 2018, S&S Corporation invested in LLB Industries’ negotiable two-year, 12% notes, with interest...

    On January 1, 2018, S&S Corporation invested in LLB Industries’ negotiable two-year, 12% notes, with interest receivable quarterly. The company classified the investment as available-for-sale. S&S entered into a two-year interest rate swap agreement on January 1, 2018, and designated the swap as a fair value hedge. Its intent was to hedge the risk that general interest rates will decline, causing the fair value of its investment to increase. The agreement called for the company to make payment based on...

  • 3. Nonannual compounding period The number of compounding periods in one year is called compoundi...

    3. Nonannual compounding period The number of compounding periods in one year is called compounding frequency. The compounding frequency affects both the present and future values of cash flows An investor can invest money with a particular bank and earn a stated interest rate of 13.20%; however, interest will be compounded quarterly. What are the nominal, periodic, and effective interest rates for this investment opportunity? Interest Rates Nominal rate Periodic rate Effective annual rate You want to invest $19,000 and...

  • 11. Nonannual compounding period Aa Aa The number of compounding periods in one year is called...

    11. Nonannual compounding period Aa Aa The number of compounding periods in one year is called compounding frequency. The compounding frequency affects both the present and future values of cash flows. An investor can invest money with a particular bank and earn a stated interest rate of 13.20%; however, interest will be compounded quarterly. What are the nominal, periodic, and effective interest rates for this investment opportunity? Interest Rates Nominal rate Periodic rate Effective annual rate 13.20% 3.30% 3.66% Rahul...

  • 2Use the model A = Pent or 11 where A is the future value of P...

    2Use the model A = Pent or 11 where A is the future value of P dollars invested at interest rater compounded continuously or n times per year for f years. $18,000 is invested at 3.5% interest compounded monthly. How long will it take for the investment to double? Round to the nearest tenth of a year. It will take approximately yr for the investment to double. te the table to determine the effect of the number of compounding periods...

  • On January 1, 2020, Iniesta Corporation invested in Kasaba Inc.'s two-year, 10% notes

    On January 1, 2020, Iniesta Corporation invested in Kasaba Inc.'s two-year, 10% notes, with interest receivable quarterly. Iniesta entered into a two-year interest rate swap agreement on January 1, 2020 and designated the swap as a fair value hedge. The agreement called Iniesta to make payment based on a 10% fixed interest rate on a notional amount of 200,000 and to receive interest based on a floating interest rate. The contract called for cash settlement of the net interest amount...

  • n1 Use the model A - Pe" or A-P where A is the future value of...

    n1 Use the model A - Pe" or A-P where A is the future value of P dollars invested at interest rater compounded continuously or n times per year for years. Victor puts aside $10,000 in an account with interest compounded continuously at 2.2%. How long will it take for him to earn $2000? Round to the nearest month. It will take approximately years and months for him to earn $2000. where A is the future value of P dollars...

  • The number of compounding periods in one year is called compounding frequency. The compounding frequency affects...

    The number of compounding periods in one year is called compounding frequency. The compounding frequency affects both the present and future values of cash flows. An investor can invest money with a particular bank and earn a stated interest rate of 13.20%; however, interest will be compounded quarterly. What are the nominal (or stated), periodic, and effective interest rates for this investment opportunity? Interest Rates Nominal rate Periodic rate Effective annual rate Tim needs a loan and is speaking to...

  • Tyler Inc.'s most recent annual dividend was $3.55 a share. The firm has been growing at...

    Tyler Inc.'s most recent annual dividend was $3.55 a share. The firm has been growing at a consistent 4% rate for several years, but analysts generally believe better times are ahead and future growth will be in the neighborhood of 5%. The stock is currently selling for $80. Stocks similar to Tyler earn returns ranging from 8% to 10%. Calculate value for a share of Tyler at interest rate of 8%. Round the answer to two decimal places. $ Calculate...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT