how much is an investment worth today if the term of that investment is 15 years and 2 months and the investment immediately begins paying a monthly payment of 2, 160 at 8% compounded quarterly
how much is an investment worth today if the term of that investment is 15 years...
Quarterly? Your investment is worth $25,000 today. How much was the original investment if it was compounded quarterly at 6% for 10 years? O A. $18,602.35 B. $13,845.67 C. $13,781.56 OD. $21,541.68 Reset Selection Mark for Review What's This?
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-
1. Fifteen years ago, you put away $7,500. Today, that investment is now worth $22,068. What is the average annual rate of return you earned on your investment? 2. Your company takes out a 10-year term loan to borrow $1,325,000 to finance a building expansion. The annual interest rate on the loan is 4.75% and equal payments are made monthly. How much will the monthly payment be? 3. Referring back to question #2, how much...
1) Kenneth Clark is considering an investment that pays 6.10 percent, compounded annually. How much will he have to invest today so that the investment will be worth $28,000 in six years? 2) Find the present value of $4,100 under each of the following rates and periods: a. 8.9 percent compounded monthly for five years. b. 6.6 percent compounded quarterly for eight years. c. 4.3 percent compounded daily for four years. d. 5.7 percent compounded continuously for three years.
4-1If Samantha invests $700 today in an account that pays 4 percent interest compounded annu- ally, how much will she have in her account four years from today? 4–2 Fifteen (15) years ago, your parents purchased an investment for $2,500. If the investment earned 6 percent interest each year, how much is it worth today? 4–3 Fiona plans to invest $500 later today. She wants to know to what amount her investment will grow in 20 years if she earns...
If you invest $71,136.92 today, how much will your investment grow to in 14 years if the interest rate is 1.13%, and interest is compounded monthly? Answer = Cash Flow = r = n =
Consider an investment where $49,000 is invested for 15 years at 8% compounded continuously. How much will this investment be worth after 15 years? (Round your answer to the nearest cent.) What is the total amount earned in compound interest? (Round your answer to the nearest cent.)
1. How much is $350,000 to be received in 5 years' time worth today if the discount rate is 10% compounded annually? A PAA. ...Inta fie ingreeted for & veare eomnounded
3. Determine the value at the end of nine years of a $12,500 investment today that pays a nominal annual interest rate of 15%, compounded: a) Annually b) Semiannually c) Quarterly d) Monthly
John and Rosamond want to retire in 15 years and can save $160 every three months. They plan to deposit the money at the end of each quarter into an account paying 7.72% compounded quarterly. How much will they have at the end of 15 years? (Round your answer to the nearest cent.)