Miko has P250,000 to invest at 6% compounded monthly. Find the maturity value if he invest for (a) 2 years ? (b) 12 years ? (c) How much is the additional interest earned due to longer time.
Q: As an engineer, you plan to put aside 20% of your yearly income. You expect to make Php1 million in…
A: Save 20% of Yearly Income Income in first year = 1,000,000 Savings in first year = 20% * 1,000,000 =…
Q: If $600 is invested in an account with an annual interest rate of 14.5%, compounded continuously,…
A: We need to use the formula of continuous compounding belowA=P(e)rn where A=future valueP=present…
Q: What will be the value of the investment after three years?
A: Future Value: It represents the future worth of the current sum amount. It is computed by the…
Q: An investor deposits a sum of Rs 100,000 in an investment company with a promise of a rate of return…
A: Hi! Thank you for the question, As per the honor code, we are allowed to answer three sub-parts at a…
Q: terest, compounded monthly, for 2 years. Use the compound interest formula to calculate the compound…
A: In this we have to use future value formula to get future value.
Q: A man borrowed Php 120,000 and promised to pay annually for 5 years The payment starts at “X pesos…
A: Borrowed amount (PV) = Php 120,000 Period (n) = 5 Years Interest rate (r) = 8% Growth rate (g) =…
Q: Jarby invested P 250000 at an interest rate of 12% compounded annually. What will be the final…
A: Interest rate (r) = 12% Inflation rate (i) = 9% Let the real interest rate = x n = 10 years Amount…
Q: How much will I have 8 years from now, if I will invest P10,300 at the end of each three months for…
A: Future value is the worth of any asset or any sum of money at a future date when such asset or money…
Q: If the current rate of interest is 6% APR, what is the future value of an investment that pays…
A: Interest rate = 6% Payment every two years = AED 15,000 Future value period = 20 Years
Q: Bill wants to invest $45,000 for the next 5 years. If the investment is going to generate 8%…
A: Future Value: The future value is the amount that will be received at the end of a certain period.…
Q: You want to invest a lump sum at 5% interest so as to have $100,000 in 20 years. If you find an…
A: The Present Value of a lump sum: The Present Value of a lump sum can be computed with the formula:
Q: Mr. Paul makes an initial investment of P6,000 for a period of 3 years. Find the value of the…
A: Honor code: Since you have asked multiple questions, we will solve the first question for you. If…
Q: mahle would like to save $5,750 at the end of every month for the next 5. ccount earning 5.8%…
A: Future value of annuity includes the amount being deposited and the interest accumulated over the…
Q: A man expects to receive Php 125,000 in eight years. How much is that money worth now considering an…
A: The present value of investment can be calculated using present value table or compound interest…
Q: Madeleine invests $14,000 at an interest rate of 7%, compounded continuously. (a) What is the…
A: Future Value: The worth of the asset in the future which is based on the assumed rate of growth is…
Q: Franco is considering investing P18,500 in an investment that will have a maturity value of P32,500…
A: Investment amount (P) = P18,500 Maturity value (F) = P32,500 Period = 8 Years Monthly period (n) =…
Q: How much will I have 8 years from now, if I will invest $10398 at the end of each three months for…
A: The future value of the annuity is the total value of all the payments which is occurred regularly…
Q: James invests $10,000 at time t 0. In return he receives $5,000 at timet=1 and $10,000 at time t 2.…
A: A study that proves that the future worth of the money is lower than its current value due to…
Q: If you invest OMR 100 at 4% for three years, how much would you have at the end of three years…
A: To calculate the future value of present investment we use the formula, Future value= Present…
Q: How much will I have 8 years from now, if I will invest P10,741 at the end of cach three months for…
A: Quarterly investment = P 10,741 Period = 3 Years Number of quarterly payments = 3*4 = 12 Annual…
Q: Elijah now has $500. How much would he have after 7 years if he leaves it invested at 5.1% with…
A: We will apply the formula of future value so as to find the amount of money that Elijah will have…
Q: If Spongebob invests 5,000 annually for 10 years with an interest rate of 8%, how much will the…
A: The formula to be used is: F = P[({(1 + i)n} - 1)/i] P = Annual investment n = Number of…
Q: roy gross is considering an investment that pays 7.6%, compounded annually. How muchwill he have to…
A: We need to use the concept of time value of money to solve the question. According to the concept of…
Q: Suppose you invest $25500 for 12 years paying 2.25% annual interest. How much will you have at the…
A: The future value is the amount that will be received at the end of a certain period. The future…
Q: An investment option is available with continuous compounding at 4.5% interest. If you invest P8,000…
A: Investment (PV) = P8000 Interest rate (r) = 4.5% Period (t) = 2 Years and 4 months =…
Q: An investor deposits a sum of Rs 100,000 in an investment company with a promise of a rate of return…
A: Investment = 100,000 Return = 18% Time Period = 5 years
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: $15,000 is invested for 5 years at an annual simple interest rate of 17%. a) what will you earn in…
A: Interest = Principal * Rate * Time
Q: After 3 and a half years, the value of Joey's investment is at $200 000. How much was his initial…
A:
Q: What is the present value of an investment that promises to pay you $ 1, 000 in five years if you…
A: Here, The present value is PV. The future value is FV. The maturity is n. The interest rate is r.
Q: If you invest $10,000 at an interest rate of 8.00% (annual rate) compounded quarterly, how much…
A: Given: Investment amount = $10000 Rate = 8.00% compounded quarterly To compute the amount of…
Q: Suppose you invest $1000 at 6% per annum compounded annually. Approximately how many years would it…
A: In the given question we require to calculate the the number of years in which $1000 will become…
Q: Michael wants to make an investment so that he would receive $4000 every 6 months for 5 years, with…
A: Since you have asked multiple questions, we will solve the first question for you. Please ask the…
Q: John Smith has found a short-term investment opportunity. He can invest $6,000 at 0.5% interest for…
A: Question pertains to calculation of interest amount in case of daily compounding. Calculations are…
Q: You are going to receive a payment of $80 at the end of each year for the next 12 years. If you…
A: Given details are : Periodic payment = $80 Time period = 12 years Future value = $1930.65 From above…
Q: Ahmed has S2,500 invested at a guaranteed rate of 4.50 percent, compounded annually. What will his…
A: Information Provided: Present value = $2500 Interest rate = 4.50% Term = 5 years
Q: An investment pays you $1000 at the end of each of the next 3 years. The investment will then pay…
A: Interest rate = 8% Calculation of present value Year Cash inflow PVF(8%,Year) Present value A…
Q: Mr. Paul makes an initial investment of ₱6,000 for a period of 3 years. Find the value of the…
A: Future Value refers to the value of the current asset or investment or of cash flows at a specified…
Q: An investor pays $200 per month into a real estate investment that promises to pay an annual rate of…
A: COMPOUNDED MONTHLY C D RATE (8%/12) 0.66667% NPER (n) 5*12 PMT 200 PRESENT VALUE 0
Q: A Businessman wants to have P100,000 3 years from now. What amount should he invest now if it will…
A: Present Value is the current value of the future sum of money at the specific rate of return.
Q: If you invest P8,000 at 6.6% interest, compounding monthly, how much will you have in 3½ years? *
A: Present value method is used to evaluate the different level of investment projects. With the help…
Q: How much is the present value of your investment if you invest P2,000 semi-annually at the start of…
A: The present value is the value of the sum received at time 0 or the current period. Given…
Q: How much will I have 8 years from now, if I will invest P10,346 at the end of each three months for…
A: quarterly payments PMT = 10,346 quarterly rate (rate) = (1 + 6.9%/2)1/2 - 1 = 1.71% PV = 0 N = 3*4…
Q: If money is worth 5% compounded quarterly , find the future worth of a sequence of 12 semi annual…
A: Since you have asked multiple questions, we will solve the first question for you as per policy.…
Q: Franco is considering investing P200,000 in an investment that will have a maturity value of…
A: Investment amount (P) = P 200000 Maturity value (F) = P 1000000 n = 10 years = 40 quarters Let r =…
Q: How much will I have 8 years from now, if I will invest P10,765 at the end of each three months for…
A: Future value is the worth of any asset or any sum of money at a future date when such asset or money…
Q: An engineer wants to have P100,000 at the end of three years. How much would the engineer have to…
A: Present value is calculated by discounting the future value with the rate of interest. Present…
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- an investor paid$58000 for an investment. he will get$5780,for every 2 years(forever). what is his effective annual rate of return?Suppose that a man lends $1600 for 4.3 years at 12% per year simple interest. At the end of the 4.3 years, he invests the entire amount which he then has for 10 years at 6% interest per year, compounded annually. How much money will he have at the end of the 14.3-year period? Express your answer in whole number.Suppose you are offered an investment that will allow you to double your money in 9years. You have R20 000 to invest. What is the implied rate of interest?
- Suppose that you have $100 to invest for a period of 5 years at an interest rate of 10% per year. How much will you have accumulated at the end of this time period?Moses invests R3 745,35 at the end of each month at an interest rate of 14,5% per year, compounded monthly. How long will it take him to have R1 000 000,00? Give your answer to the nearest year.A Businessman wants to have P100,000 3 years from now. What amount should he invest now if it will earn interest of 8 % compounded semiannually for the first two years and 12% compounded quarterly during the next year.
- Suppose Karlem invested P20,000 for five years with simple annual interest of 10%. What is the future value of this investment?Yohan sold his car and invested p300 000 at 8.5% compounded quarterly. find the maturity value if he invests for (a) 3 years? (b) 6 years (c) how much is the additional interest earned due to the longer time.A businessman wants to have P500, 000 four years from now. What amount should he invest now if it will earn interest of 6% compounded bi-monthly for the first two years and 8% compounded semi–annually during the next two years?
- An investor deposits a sum of Rs 100,000 in an investment company with a promise of a rate of return of 18 percent per year. if the investor decides to withdraw the accumulated interest at the end of each year, what would be his yearly earnings from the investment if added (i) monthly, and (ii) continuously?You have RM 5,000.00 you want to invest for the next 45 years until retirement. You are offered an investment plan that will pay you 6 percent per year for the next 15 years and 10 percent per year for the last 30 years. 1) Draw a graph that illustrates the relationship between interest rates and the present value of RM1,000.00 to be received in one year.2) Compute the amount you will have at the end of the 45 years.3) Calculate the amount you would have if the investment plan pays 10 percent for the first 15 years and 6 percent per year for the next 30 years.Franco is considering investing P18,500 in an investment that will have a maturity value of P32,500 in 8 years. If the interest is compounded monthly, what is the annual rate of return earned on the investment? Roundoff to two-decimal points.