How much should I expect a lump sum from a deal at the end of 3 years if I start investing today at amount of P5,800 every 3 months with a rate of 15% compounded quarterly?
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A: Here the payments are being at the end of the period so the said cash flow stream is an ordinary…
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A: RETURN 9%/12 0.75% NPER (n) 36 PMT 0 FUTURE VALUE 12000 Return= Rate
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A: FV is the future worth of cash flows that have occurred in the past or present.
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A: Please refer to the image below
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A: Future value is the worth of any asset or any sum of money at a future date when such asset or money…
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- You want to invest $8,000 at an annual Interest rate of 8% that compounds annually for 12 years. Which table will help you determine the value of your account at the end of 12 years? A. future value of one dollar ($1) B. present value of one dollar ($1) C. future value of an ordinary annuity D. present value of an ordinary annuityIf I invest today $1,000 at 6% per annum interest what will be the future value of my investment 20 years from now? Round your answer to the nearest dollar and report it without the $ sign.How much will I have 8 years from now, if I will invest P10,765 at the end of each three months for the next three years? My money has a rate of return of 7.1% compounded semi-annually.
- 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.Q) I will invest P15,000 per quarter for my retirement at 7.3% compounding quarterly for 10 years. I have a choice of making that payment of P15,000 at the beginning or the end of the quarter. In which account will I have more money and by how much?HOW MUCH SHOULD YOU DEPOSIT AT THE END OF EACH MONTH INTO A INVESTMENT ACCOUNT THAT PAYS 8% COMPOUND MONTHLY TO HAVE A ONE MILLION WHEN YOU RETIRE IN 38 YEARS? HOW MUCH OF THE 1 MILLION COMES FROM INTEREST?
- 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?How much money will you have in 8 years if you invest $13,000 at a 4.6% annual rate of interest compounded quarterly? How much will you have if it is compounded monthly?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.
- How much money must you invest today in order to withdraw P 13,257 annually for5 years if the interest rate is 4.28% if payments are done every beginning of the month?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 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?