Find the amount that should be set aside today to yield the desired future amount. Compounding period semiannually Future amount Interest Investment needed rate time $10,000 4% 2 years Click the icon to view the present value of $1.00 table. The present value is $ - (Round to the nearest cent as needed.)
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- For each of the following annuities, calculate the future value. Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. Future Value Annual Payment $ $ $ $ 1,220 4,340 2,940 7,530 Years 10 50 9 35 Interest Rate 5% 6 3 7ces You have a choice of four increasing annuities as shown in the table below. Which annuity will reach a future value of $100,000 the earliest? Annuity B Annuity C $1100 Annuity D $800 $57 8% 3% 52 1 Payment Annual Rate Interest Periods Per Year Annuity A $300 5% 12 (Use the interactive figure to find your answer.) Click here to launch the interactive figure. Choose the correct answer below. OA. Annuity D OB. Annuity A OC. Annuity B OD. Annuity C 9% 4 چلے i, 14e gin MLM IncorrecSite ana sayfası Takvim Nişanlar Tüm dersler Course dashboard The formula for finding the present value of an amount M that will be received one year from now, when the interest rate is R, 1s Lutfen birnni seçin. O a M/(1+R) ObMx(1+ R/100) O cM/R. OdMx(1+ R) SONRAKİ SAYFA YFA deki ders materyalleri Creative Commons açık lisansları ile lisanslanmıştır.
- For each of the following annuities, calculate the future value. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Future Value Annual Payment Years Interest Rate $ 1,760 10 7 % $ 8,300 32 8 $ 4,200 $ 8,970 29Solve by using the present value formula. Round your answers (in $) to the nearest cent. CompoundAmount Term ofInvestment NominalRate (%) InterestCompounded PresentValue CompoundInterest $14,000 8 years 4.5 monthly $ $If $16800 is deposited in a savings account today, what amount will be available three years from today? The following future value interest factors are provided: Periods Future Value of 1 at 12% 1 2 3 5 1.120 1.254 1.405 1.574 1.762 O ($16800 x 1.120) + ($16800 x 1.254) + ($16800 x 1.405) O $16800+ 1.405 $16800 x 1.405 O $16800 × 1.120 x 3
- EQuestion Help Use graphical approximation techniques or an equation solver to approximate the desired interest rate. A person makes annual payments of $1000 into an ordinary annuity. At the end of 5 years, the amount in the annuity is $5898.27. What annual nominal compounding rate has this annuity eamed? Type the interest rate: % (Round to 2 decimal places.) Enter your answer in the answer box and then click Check Answer. All parts showing Clear All Check Answer MacBook Air esc 80 888 DII F4 %23 $ & 2 3 4 6 8 9 Q E R Y A D G H K V B N MCalculate the present value (principal) and the compound interest (in $). Use Table 11-2. Round your answers to the nearest cent. Nominal Rate (%) Compound Term of Interest Present Compound Amount Investment Compounded Value Interest $200,000 10 years 4 annually $ Need Help? Read ItFind the amount that should be set aside today to yield the desired future amount. Use the table. Future amount Interest Compounding Investment time rate period 4% semiannually 2 years Click here to view page 1 of the table. Click here to view page 2 of the table. needed $2,000 The amount that should be set aside today is $ (Round to the nearest cent as needed.)
- /discuss.php?d=599012 Question 1: Calculate the future value for question 3 and 8 in the table below For questions 1-4, calculate the future value. Present Value 1. 2. 3. 4. SO SO $15,000 $38,000 Interest Rate 7% quarterly 9% monthly 5.6% quarterly 8% semi-annually Payments $2,000 quarterly $375 monthly $3,000 annually $1,500 monthly Timing of Payment Years Beginning 10 20 30 8 End End BeginningFind the amount that should be set aside today to yield the desired future amount. Use the table. Future amount Interest Compounding Investment time rate period 4% semiannually 4 years Click here to view page 1 of the table. Click here to view page 2 of the table. needed $2,000 The amount that should be set aside today is $ GLEED (Round to the nearest cent as needed.)Calculate the future value of the following annuities, assuming each annuity payment is made at the end of each compounding period. (FV of $1. PV of $1, EVA of $1, and PVA of $1) (Use tables, Excel, or a financial calculator. Round your answers to 2 decimal places.) 1. Annuity Payment $ 3,700 Annual Rate Interest Period Compounded Invested Future Value of Annuity 7.0% Semiannually 9 years 2. 6,700 8.0% Quarterly 5 years 3. 5,700 12.0% Annually 6 years