answersLogoWhite

0


Best Answer

7-3/4 percent compounded quarterly = 1.9375 percent paid each period. 7-1/2 years = 30 periods The future value of $1 = (1.019375)30 = $1.77836 (rounded) The future value of $5,200 = (5,200 x 1.77836) = $9,247.46

User Avatar

Wiki User

14y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Find the future value of 5200 at 7 34 percent compounded quarterly for 7 12 years Ignore leap years?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is the future value if 3400 is invested for 5 years at 8 percent compounded quarterly?

$5,052.22


What is the future value of a 5-year 500 CD compounded quarterly at 1.79 percent?

It is 712.97


Determine the future value of an annuity into which quarterly deposits of 450 are made for 9 years if the annuity pays 10 percent compounded quarterly?

138645


What is the future value of Rs1.00 invested for 10 years if 12 percent annual rate of interest is compounded quarterly?

1 x (1.03)40 = 3.26


What is the future value of 100 after 5 years under 12 percent if compounded annually semiannually quarterly monthly daily?

Annual: 176.23 Semiannually : 179.08 Quarterly: 180.61 Monthly: 181.67 Daily: 182.19 (assuming 365.25 days per year, on average).


What is the future value of 4000 for 5 years at 4 percent compounded bimonthly?

the future value of $5,000 in a bank account for 10 years at 5 percent compounded bimonthly?


Future value of 2000 in 5 years at interest rate of 5 percent?

Compounded annually: 2552.56 Compounded monthly: 2566.72


What is the future value of 1200 after 5 years if the appropriate interest rate is 6 percent compounded monthly?

1862


The future value of a 1000 investment today at 8 percent annual interest compounded semiannually for 5 years is?

$1480.24


What is the future value on an ordinary annuity of 12000 dollars per year for three years at 9 percent interest compounded annually?

39,337.20


8000 invested for 7 years at 8 percent compounded annually?

Assuming interest is added at the end of the year, the future value is 13,710.59


What is the future value of 5800 invested for 30 years at 11.75 percent compounded annually?

Wow! Where can we get some of that 11.75% ?!?The future value is 5,800 x (1.1175)30 = 162,500.22 (rounded)