Q: You have $100,000 to invest today. At 5 percent per year, what sum can you withdraw at the end of…
A: Solution 1: True, Intermediate goals have a time frame of two to seven years.
Q: You deposit $19,000 today in an investment account and the annual rate of return is 12%, what will…
A: Formulas: Future value = Present value *(1+rate)^years
Q: How much must you invest at 12% interest, compounding quarterly, in order to see your investment…
A: The amount of investment can be calculated by discounting the future value using the appropriate…
Q: How long will it take for $4,000 to grow to $7,000 if the investment earns an interest rate of 16%…
A: Given information: Future value is $7,000 Present value is $4,000 Interest rate is 16% compounded…
Q: If you invest $1,000 each month for five years, what will be the value of the investment after five…
A: The below formula can be used to calculate future value:
Q: money is worth 7.3%, compounded quarterly?
A: Present Value of future cash flow means the cash flows discounted at a given rate of return. FV*…
Q: How much must be invested today to have $1,000 in two years if the interest rate is 5%? please show…
A:
Q: Today you have $100,000 in your investment account, which will grow by 7.5% annually. If you keep…
A: Using excel NPER function
Q: How many years does it take for an investment of $280,000 to accumulate to at least $425,000 at 15%…
A: The calculation method where interest on interest is charged is known as Compound Interest. It is…
Q: An investment pays 10% interest compounded continuously. If money is invested steadily at the rate…
A: Continuous Compounding: It is the maximum limit of the compound interest if it is calculated and…
Q: You have $14,000 in the bank today. How much would you need to save each year in order to…
A: Current amount (C) = $14000 Let the annual saving = A r = 10% n = 30 years Accumulated value = $3…
Q: If interest is compounded at 6.5% per year, how long will it take for $50,000 to accumulate to…
A: Present value = $50,000 Future value = $88,600 Interest rate = 6.5% Let time taken = n years
Q: 1. How much money will you have in an account after 16 years if your initial investment is $8300…
A: Compound interest is the interest calculated on both the principal amount as well as the interest…
Q: What is the present equivalent of $ 180,000 to be received in 15 years when the interest rate is 7%…
A: Time value of money (TVM) means that the amount of money received in the present period will…
Q: How long would it take an amount of $4,000 invested at an interest rate of 21 % per year,…
A: Given information: Present value is $4,000 Future value is $16,000 Interest rate is 21%
Q: How many years will it take for P13,000.00 to become P20,000.00 if it is invested at 8% compounded…
A: Future Value refers to the value of the current asset or investment or of cash flows at a specified…
Q: How much money will be in an account for 10 years from today if 20,000 is deposited today at a rate…
A: Following details are given in the question: Present value (Investment today) = $20000 Time period =…
Q: If you invest $20,467 today at an interest rate of 3.78 percent, compounded daily, how much money…
A: In the following question we require to calculate the future value from following details:…
Q: Find how much money needs to be deposited now into an account to obtain $40,000 in 5 years if the…
A: Future value (FV) = $40,000 Period (n) = 5 Years Interest rate (r) = 7%
Q: At what interest rate must $112,000 be invested so that it will be worth $392,000 in 14 years?
A: We use rate function to calculate interest rate
Q: A company is expected to result 2900$ savings first year then increase by 200$ annually, if the rate…
A: The present value is the value of the sum received at time 0 or the current period. It is the value…
Q: At what annual interest rate must $232,000 be invested so that it will grow to be $452,000 in 14…
A: Present value (PV) = $232000 Future value (FV) = $452000 Period (n) = 14 Years
Q: If TNT Corp.invests $50,835 now and it will receive $100,000 at the end of 10 years, what annual…
A: The time value of money (TVM) is the idea that an amount of money is worth more right now than it…
Q: How many years will it take $2,000 to grow to $3,600 if it is invested at 3.25% compounded…
A: The concept of the time value of money states that the current worth of money is more than its value…
Q: If u make an investment of $3500 and the investment loses a continuous 5% each year, what will the…
A: Given information: Present value of investment is $3,500 Investment loses a continuous 5% each year…
Q: How much will $200,000 deposited in an investment account earning an annual interest rate of 8½% be…
A: Given information: Present value $200,000 Annual interest rate is 8.5% Number of years is 1
Q: Approximately how many years will it take for $2,300 to grow to $8,172 at an annual interest rate of…
A: The time value of money implies that the cash in hand at present has a higher value than the cash…
Q: If we are investing in an account with an interest rate of 5.7% compounded monthly and we wish to…
A: The amount to be placed in the account today is computed using the present value formula.
Q: How much was initially invested if the value of the investment is at ₱200,000 after 3 and a half…
A: Present Value: It is the present worth of the investment amount, discounted at an interest rate for…
Q: How much money should you invest now (to the nearest dollar) in an account that earns interest at a…
A: Future value (FV) = $ 291,000 Interest rate (r) = 8.9% Period (t) = 13 Years Constant (e) = 2.7183…
Q: What annual rate of return is earned on a $1,000 investment when it grows to $2,700 in eight years?
A: Future value is the value of assets at a future date given a growth rate. This is used for financial…
Q: What will $248,000 grow to be in 12 years if it is invested today in an account with an annual…
A: Future Value = P(1+r/n)^ntWhere P = Principal = $248,000R = Rate on interest = 15%N = number of…
Q: Starting next year you plan to deposit $1000 each year into an account earning 9.25% effective…
A: Solution:- When an equal amount is deposited each period at end of period, it is called ordinary…
Q: At what annual interest rate must $232,000 be invested so that it will grow to be $417,000 in 12…
A: Present value = $232000 Future value = $417000 Period = 12 Years
Q: How many years must you wait for your $4,380 investment to grow to $7,700 if you invest at 5 percent…
A: Future Value: The future value is the value of annuity or the sum lump amount after a certain period…
Q: What will $82,000 grow to be in 11 years if it is invested at 8% and the interest rate is…
A: Future value can be calculated using FV (rate, nper, pmt, [Pv], [type]) Rate The interest rate Nper…
Q: If you have $15,000 today, and save $13,000 per quarter year at the end of the quarter while earning…
A: In this question we need compute the time period (number of quarters) required to accumulate…
Q: To accumulate $85,000 in 6 years, you must invest $_ now, to the nearest whole dollar value, if the…
A: Principal amount invested now will become certain amount after certain period of time at specific…
Q: a. You need $17,000 in five years but you only have $12,000 now. At what interest rate must you…
A: As per guidelines, I am supposed to answer 1 question at a time. As the question is not specifically…
Q: How do I work this problem in excel? What will $82,000 grow to be in 11 years if it is invested…
A: Future value formula will be used. where, Rate = 0.67% Nper = 132 periods PV = $82,000
Q: If you invest $2,000 per year for 9 years and earn a 5% return on your investment during that…
A: The future value is the amount that will be received at the end of a certain period. In simple…
Q: How much money should be invested in an account that earns 9.5% interest, compounded monthly, in…
A: It can be calculated using following formula PV = FV / (1 + r / n)nt Where, PV = Present value FV =…
Q: How many years will be required for a given sum of money to be 8 times the principal amount, if it…
A: Let Present value be $100 So, future value will be = $100 * 8 = $800 Rate = 7.80%
Q: How long would it take $1,000 to double if it was invested in a bank that paid 6% peryear? How long…
A: Note: Since here nothing is mentioned about the type of interest, we will assume it as compound…
Q: What will $82,000 grow to be in 11 years if it is invested today at 8% and the interest rate is…
A: The formula to compute future value as follows: Future value=Invested amount×1+rmn×m
Q: How much must be invested now at 8% interest in order to have $75,000 in eight years?
A: Future value (FV) is crucial to investors and financial planners because they use it to predict how…
Q: the savings account that yields 12% compounded quarterly, what would our investment grow to at the…
A: The given problem can be solved using FV and EFFECT function in excel. FV function computes future…
Q: What is the present value of an investment that will pay $1,000 in one year's time, and $1,000 every…
A: Calculation of Present value of perpetuity:Answer:The present value of the investment is $12,500
How many years will it take for $136,000 to grow to be $468,000 if it is invested in an account with an annual interest rate of 8%?
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- How much must be invested now to receive $30,000 for 10 years if the first $30.000 is received one year from now and the rate is 8%?What is the present value of an investment that will pay $1,000 in one year's time, and $1,000 every year after that, when the interest rate is 8%?How many years will it take $145,000 to grow to $645,000 if it is invested in an account with a quoted annual interest rate of 9% with monthly compounding of interest?
- What interest rate, when compounded annually, is involved if an initial investment of $4000 turns into $10000 in 6 years?Suppose an investment will pay $21,000 in 29 years from now. If you can earn 11.35% interest compounded monthly by depositing your money in a bank, how much should you pay for the investment today?Consider an investment which pays $2,000 at the end of year 1, year 2, and year 3. In year 4, the investment will pay $5,000 and this payment will grow by 4.3% each year forever. If the appropriate interest rate is 7%, what is this investment worth today?
- What is the value of today of an investment that will pay $100 per year for 5 years. Assume first payment is made 1 year from today and the interest rate is 7%?If you have $60,000 in a bank account that is paying an interest rate of 4 percent that is being compounded annually, how many years will it take to double your investment if the interest rate stays the same?Approximately how many years will it take for $2,300 to grow to $8,172 at an annual interest rate of 6.9%?
- a) In how many years will a single investment of $1,000 made now, increase to $2,000 if the interest rate is 3% per year? b) A savings certificate costing $80 now will pay $113.48 in 6 years. What is the effective annual interest rate if compounding takes place monthly? And what is the nominal annual interest rate compounded monthly? c) How much money would be accumulated 18 years from now, if an equal amount of money is invested at the end of each year, and if over 30 years the amount of money accumulated would amount to $200,000 and the interest rate is expected to average 4% over the entire time?How many years will it take to triple your investment of $8,000 if it has an interest rate of 7% compounded annually?How many years would it take $50 to triple if it were invested in a bank that pays 3.8% per year?