Q: Which interest rate should be deposited in order to be $ 20000 in 12 years as 5000 TL. Show your…
A: Given Information Principal(A) = 5,000Time(t) = 12 yearsFinal Amount(A) = 20,000 Interest rate(r) =…
Q: 9. A 10-year bond sells for its face value of $10,000, with an annual coupon of $250. Because of…
A:
Q: Susan deposited P500 in her savings account, and 6 years later, the account has P600 in It. What…
A: Compound interest is one of the methods of interest rate calculation. It calculates the interest…
Q: one's salary is $100k per year, the interest rate is 0.5 % (bank's rate), and the withdrawal cost is…
A: The demand for money in monetary economics refers to the desire to hold financial assets in the form…
Q: A Find the value of 'C’ in the figure below. Take the interest rate as 15%. C=? 123 Years ał0,000…
A: Given a definite rate of come, gift price (PV) is that the current price of a future total of cash…
Q: A: Ahmed make an annual contribution of $3,000 to his savings account at the end of each month for…
A: Part A. Annuity amount = $3000 Time = 10 months Interest = 7% per month Total amount at the end of…
Q: At the end of 2007 a student has $400 in a bank savings deposit that is earning an interest rate of…
A: Rule of 72: The time required to double an investment is 72/Growth rate.
Q: A man, pondering of retirement, determined that 300,000/year will be sufficientfor him to live…
A: With a perpetuity, Present value = Annual cash flow / Annual interest rate
Q: d. Suppose that the Interest rate at whlich Joanne can borrow and lend is 10 percent per year, but…
A: Given: Per year earning after college = 35000 per year Directly goes to work after school then wage…
Q: Please
A: Given, Principle amount = $2000 Annual interest rate = 10% The below formula can be used to…
Q: A man borrowed an amount of S10,000 to a bank. The bank agreed considering that the interest rate is…
A: Information provided is:- Amount borrowed = $10,000 Interest rate = 5% Time period will be 11 months…
Q: (e) Suppose that this person earns 70,000 in 2021. What will their saving be in 2021?
A: (Only part e has been solved as mentioned) (e) The individual's income in 2019 and 2020 are DI0 =…
Q: 2.c How much Interest would be due at the end of one year on a loan of $10,000 if the interest is…
A: * SOLUTION :- Given that, Principal ammount (p) = 10000 Rate (R) = 12% Time (t)= 1year
Q: cigarette vendor borrowed P2,000 and agreed to pay P3,000 after 25 days. What is the simple interest…
A: A cigarette vendor borrowed 2000 and agreed to pay 3000 after 25 days. Interest earned (I) = 3000 -…
Q: Using Table 11-1, compute the amount of compound interest (in $) earned in 1 year and the annual…
A: To calculate the compund interest firstly we have to calculate the future value of the investment…
Q: 2. A bond pays 4% interest for four years; has a future value of $1000. Calculate the present value…
A: Present value conveys the current worth of a future series of cash flows based on the specified rate…
Q: What is the definition of Annual Percentage Rate (‘APR’) for a loan? Why is it typicallydifferent…
A: There are various methods to calculate interest rates and the amount of interest varies according to…
Q: Nathan and Stephanie are saving for their daughter's college education. Their daughter, Paige, is…
A: We have, Current College Tuition Fees and Expenses = $16,000 (r1) Rate of inflation = 4% College…
Q: Q2: If the present value of my investment $7000 and the rate of interest 5% what wil the value be in…
A: Present value of investment = $7000 Rate of interest =5% Time =8 years
Q: Maria purchases a new big screen television for $850 on her VISA card that carries a favorable…
A: a. The individual purchases the television worth $850 with the credit card and the credit card…
Q: ₱6,000 is borrowed for 85 days at 15% per annum simple interest. How much will be due at the end of…
A:
Q: 35. If you know that you can afford a $500 per month car payment for the next 48 months, the…
A: Answer: option c (Be able to afford something less than a $24,000 car) Explanation: If a person can…
Q: 2.2) You have a bank deposit now worth $5000. How long will it take for your deposit to be worth…
A: a. Present value = $5000 Future value = $8000 FV = PV 1+ rn8000 = 5000 1+5%n80005000=1.05n1.6…
Q: If you could afford to pay $850 per month for a house mortgage, and you plan on financing it at…
A: Compound interest is usually known to be as the interest which is exactly calculated by multiplying…
Q: You want to lend $12,000 as a bank deposit in a private bank with an interest rate 3 % per month.…
A: Compound interest refers to the interest rate that is calculated continuously for the given time…
Q: savings in an account that pays an annual interest rate of 2%, a fraction 5/22 in an account that…
A: Answer in step 2.
Q: a) Suppose you put $350 into a bank account today. Interest is paid annually and the annual interest…
A: (a)Initial deposit = $350Interest rate = 6 percent per annumTime period = 4 yearsTo determine:…
Q: 3. If the net present value for each of the cash flows were calculated at a 10% interest rate, the…
A: The present value of a sum of money, as opposed to the future worth it will have when compound…
Q: If Reybien got a character loan of P10,000 from a bank with 18 percent interest per annum, how much…
A: The principal amount is given which is 10,000. We are required to find out the amount of interest…
Q: 1. If a certain machine undergoes a major overhaul now, its output can be increased by 20% - which…
A: * SOLUTION :- **According to the guidelines I answered 1st question only . 2nd question…
Q: Pls help with below homework. You took an amazing class at the U that changed your life, so now you…
A: As per bartleby guidelines i only have to answer first question Answer in Step 2
Q: A recent government study reported that a college degree is worth an extra P150,000 per year income…
A: The degree will fetch yearly extra income of 150,000 for 40 years . And it will fetch every year for…
Q: You borrowed $10,000 from a local bank with agreement that you will pay back the loan according to a…
A: As we can see it's a gradient series with Amount (A) = $1500 Gradient (G) = G Present value (P) =…
Q: g will it take a sum of money to double at 11% annual percentage rate?
A: Given interest rate = 11 % Rule of 72 Rule of 72 - It is the method which is used to estimate the…
Q: Find the amount needs to be invested if the investors want to receive an annual net income worth…
A:
Q: An investment of $20,000 expected to produce an annual income of $5,000 for 10 years and to have a…
A: Investment = 20,000 Annual Income = 5000 Life = 10 Salvage Value = 4000 Therefore we can use the…
Q: (2) How long will it take $800 to yield $72 in simple interest at 4%? Ans. 2.25 yrs.
A: SI(simple interest) can be calculated as: SI=P×r×t100where P is the Principalr is the rate of…
Q: Engg economy: Solve the following problems. Draw the cash flow diagram for each problem and use the…
A: Assuming 10th year will be the focal year. Withdrawal in 11th year (W11) = $10,000 W12 =>…
Q: What is the annual rate of simple interest if $265 is earned in four months on an investment of…
A: Interest refers to the amount paid in excess of the principal amount by the borrower to the lender.…
Q: 1. What is the present value of $500.00 to be paid in two years if the annual interest rate is 5%?…
A: Since you have asked multiple question, we will solve the first question for you. If youwant any…
Q: 1. Han and Leia have taken out a $800,000, 5 percent, 30 year mortgage to pay for their new home.…
A: The data given in the question is:- Amount = 80,000 Interest = 5% = 5%/12 = 0.416 Time = 30 years =…
Q: How much is the exact simple interest of P 6000 from February 28, 2000 to December 31, 2001 with an…
A: a. Here, given information is: Present value (P)= P6000 Time period (t)= 22 months (672 in days)…
Q: With cashflow diagram. An individual makes six annual deposits in a savings account starting one…
A: In economics, present value refers to the current value of a future stream of cash flow. Future…
Q: 5. Royalties from a patent are expected to start at 15,000 per period beginning one period from now…
A: A royalty is a contractual payment made by one person for the use of another person's assets.…
Q: 9. A 10-year bond sells for its face value of $10,000, with an annual coupon of $250. Because of…
A: 9. Bond new yield = coupon payment / selling price * 100 = 250/12500 * 100 = 2 % Answer is…
Q: per month payable in 24 equal end-of-the month payments. How much money of the loan remains unpaid…
A: *Answer:
Q: 1. Emily recently graduated with a B.A. in economics and was offered a job with a small but growing…
A: Given: Emily's earning is = $38,400 per year Emily inherited = $60,000 The interest per year = 5%…
Q: 7. A saving association pays 1% interest quarterly. What is the effective annual rate of interest?…
A: Effective annual rate of interest = [1 + (i/n)]n - 1 i = Interest rate n = Number of compounding…
Q: 3.34 (LG 3.5) Gail has won a lottery that pays her $100 000 at the end of this year, $110 000 at the…
A: Present value is a concept that states that the value of money today is more valuable than the same…
2.d What is the annual interest rate on a $1,000 loan which all
interest is paid at the end of the year, and a total of $1,125 must
be repaid at the end of the year? include a cash flow
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
- QUESTION 1 Muhammad takes out a loan of $ 2,130, at 8% simple interest, for 8 years. How much will he pay back at the end of year 8? QUESTION 2 Calculate the amount of interest on an investment of AED 103,971 at 8% simple interest for 5 years. QUESTION 3 If you deposit today $7,335 in an account for 6 years and at the end accumulate $10,885, how much compound interest rate (rate of return) you earned on this investment ? QUESTION 4 You will deposit 12,025 at 10% simple interest rate for 9 years, and then move the amount you would receive to an investment account at 12 % compound rate for another 3 years. How much money would you have at the end of the entire period ?8. What is the future value of a 7%, 5-year ordinary annuity that pays $300 each year?9. While Jack was a student at the University of Georgia she borrowed $12,000in student loans at an annual interest rate of 9%. If Jack repays $1,500 per year then how long (to the nearest year) will it take him to repay the loan?
- URGENT! PLEASE WRITE LEGIBLE. Question Suppose we deposit $1500 into an account that pays a simple interest rate of0.5% each month. Find the amount of interest earned at the end of 3 years?Question 1: If you borrowed 18000$ at 4% annual interest. You agreed to repay the loan with five equal annual payments. How much of the total amount repaid is interest? How much of the third annual payment is interest, and how much principal is there? If you decided to pay off your loan after the third payment, how much will you pay?2. A loan of $25,000 was repaid at the end of 9 months with $28,500. What annual rate of interest wascharged?3. If an investment company pays 16% compounded quarterly, how much should you deposit to have $5,000two years from now?
- 14. When you complete your MBA, you will treat yourself to a new car. The car you want to buy costs $25,000 and you have enough to put 20% down in cash. You can take out a loan for the rest of the cost of the car. Calculate your monthly car payments assuming the auto finance department states that the annual interest rate on the car loan is 8% and you pay the loan over a 3-year period.1. You borrow $20,000 from a family member and agree to pay it back in 6 months. Because you are part of the family, you are only being charged simple interest at the rate of 0.5% per month. How much will you owe after 6 months? How much is the interest?7. Leon and Heidi decided to invest $3,000 annually for only the first eight years of their marriage. The first payment was made at age 20. If the annual interest rate is 12%, how much accumulated interest and principal will they have at age $65?
- ויוי in c) Linda needs $10,000 in 4 years to use as a down payment on a house. She has $6830 to invest today. What amount of interest does she need to earn to make this happen?Suppose you deposited $200 at the end of every year for seven years in an account that earned 6% annual effevtive interest. At the end of seven years, how much would the account be worth?6) Two annuities in perpetuity have the same effective annual interest rate. The first annuity pays $40 every 5 years, starting at the end of the 10th year and has present value $100. The second annuity pays $20 at the end of each 3 months, starting at the beginning of the first three months. Find the present value of the second annuity.