Q: What value of X makes these two cash flows equivalent assuming an interest rate of 10%? 150 150 100…
A: here we calculate the value of X by using the given cashflow , so the calculation of the following…
Q: An 8-year annuity due has a future value of $1,000. If the interest rate is 5%, what is the amount…
A: An annuity is a contract between you and an insurance company in which you make a lump-sum payment…
Q: Find the nominal rate compounded monthly which is equivalent 12% compounded quarterly. write your…
A: The Effective Interest Rate is utilized to work out the effective annual interest rate in view of…
Q: At an interest rate of 10%, what is the present value of an asset that produces $1,000 a year in…
A: Suppose that you own a perpetual asset that promises to pay you $1000 a year with a 10% return is .…
Q: You want $1,000,000 in the bank when you retire in 35 years. How much should you deposit each year?…
A: We want $1,000,000 in the bank at the time of retirement. Interest rate is 10% Here we have to…
Q: Suppose that $12,000 is placed in a bank account at the end of each quarter the future worth at the…
A: Given that, Bank deposit = $12,000 Rate of interest (i) = 8.5% Quarterly interest rate = 8.5%/4 =…
Q: You are going to get %10,000,000 in 45 years' time. What is the value of that money today assuming…
A: Present value can be calculated by using the following formula.
Q: How many years would it take $1,000 to grow to $5,000 assuming an annual interest rate of 15%?
A: Annual percentage rate (APR) refers to the yearly interest generated by a sum that's charged to…
Q: If $700 is invested at 11% simple interest, calculate its value after 8 years.
A: Following are the given values: Invested amount = $700 Interest rate = 11% Time = 8 years
Q: How much should a family deposit at the end of every 6 months in order to have $2000 at the end of 5…
A: Future value tells us how much will be the worth of the amount deposited/invested today says after n…
Q: An investor (owner) has an option to purchase a tract of land that will be worth $20,000 in ten…
A: Compound interest rate is one of the methods of calculating interest rate. It calculates the…
Q: You place $100 per month into an account that earns 1% per month. Which of the following expressions…
A: The account’s value after 3 years can be calculated by using the following equation: Where the r…
Q: If you borrow 9000 dolars and agree to repay the loan in six equal annual payments at an interest…
A: In economics, present value refers to the current value of a future stream of cash flow. Future…
Q: If you paid $90 to a loan company for the use of $1,252 for 120 days, what annual rate of interest…
A: Here, it is given that an individual pays $90 as an interest payment on a laon of 1,252 for a time…
Q: Consider a uniform series of cash flows. The first cash flow of $10,000 occurs at time 10 and the…
A: Given a uniform series cash flow in which first cash flow of $10,000 occurs at time 10 and last cash…
Q: In how many years will $1,500 yield an interest of $200 at 2% simple interest?
A: given that, The principal sum is $1500 simple interest is $200 rate of interest is 2%
Q: years that is equivalent to a pa starting with $45,000 at the er year and decreasing by $5,00C 10…
A: *Answer:
Q: What is the present value of $100 realized two years from now if the interest rate is 10%?
A: Present worth is the concept that describes an amount of money today is value greater than that same…
Q: A person deposits 2500$ today in the bank and he wants to get double of this amount, if the interest…
A: Simple interest formula : Interest = [Principal * Rate of interest * Number of years] / 100
Q: The value of annual(A) uniform payments over years 1-5 is equivalent to a payment schedule of 200,…
A: The time value of money refers to the concept that money you have now is worth more than the same…
Q: An investor (owner) has an option to purchase a tract of land that will be worth $10,000 in six…
A: An investor is an individual who distributes money to achieve a benefit or with the intention of a…
Q: Suppose you have a vehicle, the 1st year maintenance cost is estimated to be $100. The rate of…
A: the value in the presence of a sum of money, in contrast to some future value it will have when it…
Q: Please answer completely and clearly. , year יויויויויי in millions whatis the future worth of these…
A: We have given the cash flow in which yearly payment is made but the rate of interest is compounded…
Q: Part of the income that a machine generates is put into a sinking fund to replace the machine when…
A: Annually Deposit = 2800 r = 4% Amount = 49000
Q: You owe $120,000 from your ex-girlfriend and promise to pay 6% simple interest. How much will you…
A: Given, principal = $120,000 Interest = 6% Time = 1 year 6 months = 18 months Simple interest =…
Q: You are offered an investment that would earn $ 2,100 a year for 10 years. The first payment would…
A: investment value is $ 2,100 a year for 10 years. The first payment would be made in exactly 3…
Q: Determine the present value of a perpetuity of P100,000 payables annually, with the first payment…
A: perpetuity of P100,000 payables annually Money is worth 10%
Q: A series of equal quarterly payments of $5,000 for 10 years is equivalent to what present amount at…
A: Payment made quaterly = $5000 The time period for which the payment was made = 10 years Interest…
Q: What is the present worth of a 600 annuity starting at the end of the third year and continuing to…
A: Given annuity payment for 3rd and 4th year = 600 Interest rate = 11 % Therefore present value of…
Q: Find the present Value in pesos, of an annuity of P 20 000 payable annually for 8 years with the…
A: Given information: Interest rate = 5% Time period = 8 years Annuity payment = 20,000 The formula for…
Q: What is the future worth of these payments for 16 years if interest is 9% in the first year and…
A: The future value if the compounding is done annually is: FV = P (1 + R)t R : Interest rate PA…
Q: What is the present value or price of a 10 year P20,000 annuity with an interest rate of 5%
A: Annuity is the series of Equal amount payment in equal interval . And it is not given that annuity…
Q: A saving system yields $8,000 at the end of the first 5 and a further $1,000 increase every year for…
A: Given information: First, 5 years yield = $8000 each year-end From 6th year to 20th year, the…
Q: Find the nominal rate, which if converted to quarterly could be used instead of 12% compound…
A: Nominal rate: It means the rate before taking inflation into account.
Q: What formula do we use to find the present-worth equivalent of the constant-dollar amount?
A: Present worth is defined as the current value of the amount of money that a person will receive in…
Q: If you had $1,000 now and invested it at 6%, how much would it be worth 12 years from now?
A: The following are the given data in the question: The current value of invested money = $1000…
Q: Lia wishes to have $3000 after 3 years in an account that draws 6% nominal interest compounded…
A: In this question we have to find out the principal value with the help of the above information.
Q: Mr. X is planning for her retired life. He has 10 more years of service. He would like to deposit…
A: We have given the following cash flow First year-end deposit =$5000 and then the deposit is…
Q: 2. Determine the ORDINARY SIMPLE INTEREST on P700 for 8 months if the rate of interest is 15%.
A: Here, principal amount = 700 Time period = 8 months = 0.667 Rate of interest = 15%
Q: You borrowed an amount of $15,000 and paid it $20,223 in 3 years. If the interest rate was…
A: A = P(1+r12)nt P is principal amountA is future amout to be paidr is interst rate n is compounding…
Q: Suppose that $30,000 is borrowed today at 12% interest. The loan is to be repaid by uniform annual…
A:
Q: How many years would it take to take an investment of $28,000 to double 11% annual interest?
A: Present amount is 28000 and future amount is 2*28000 with rate of interest of 11%
Q: If $800 is deposited in a savings account at the beginning of each year for 12 years and the account…
A:
Q: At an interest rate of 12%, what is the present value of an asset that produces $800 a year in…
A: Present value is a simple adjustment in nominal value that convert nominal value to actual amount at…
Q: If you borrow money from your friend, Ned, with simple interest of 12%, find the present worth of…
A: Simple interest formula: A = P(1+rt) Where A is the final value P is the initial value (or present…
Q: Determine the present value of the $5,000 payment over 36 months beginning at the end of the first…
A: Ordinary annuities are a series of equal payments made at the conclusion of each period for a set…
Q: A geometric gradient that increases at f= 8% per year for 12 years is shown in the accompanying…
A: The present equivalent value of the gradient: P=A1-(1+g)n(1+i)-ni-g
Q: 1. A person is saving $1000 per year for the next 10 years except for year 5 in which his saving is…
A: When comparing financial products, the annual interest rate, also known as the standard annual…
If you save $1,000 today and the annuel interest rate is 6%, what will that money be worth in 40 years?
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- An 8-year annuity due has a future value of $1,000. If the interest rate is 5%, what is the amount of each annuity payment?An investment company is going to place $300,000 into an annuity. Then, it is going to add $25,000 a quarter to the annuity for the next 15 years. If the annuity draws 8% interest, how much will it be worth at the end of the time?Find the interest on the loan if Tim borrows $10,000 for 3 years at a simple interest of 10%.
- How long in years will money double its amount if invested at 10% simple interest?Trevor's starting salary at his new job is $40,000. His company gives a performance raise of 5% each year. If Trevor continues in the same position and always receives the performance raise, in how many years will he double his salary?If a person wants to invest $5,000.00 now for the next 10 years plans to withdraw $7,500.00 after 10 years, what is the exact interest rate he should ask for his investment?
- You want to save the down payment required to purchase a vacation home at the end of five years. If the required down payment is $25,000 and you can earn 5% a year on your savings account, how much do you need to set aside at the end of each year for the next four years?If you had $1,000 now and invested it at 6%, how much would it be worth 12 years from now?You borrow $500 from a family member and agree to pay it back in six 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 six months? How much is the interest?