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What is the present value of 3400 at 8.9 percent compounded monthly for five years?
3400*108.9%=3702.603702.60*108.9%=4032.134390.994781.795207.375670.826175.536725.157323.697975.508685.329458.3110300.1011216.8112215.1013302.2514486.1515775.4117179.4318708.39...60. 563,037.12
Which factor would be greater - the present value of 1 for 10 periods at 8 percent per period or the future value of 1 for 10 periods at 8 percent per period?
THe factors are the same
What is the value of 70000 dollars compounded annually at 12 percent for 3 years?
Future value (compounded) = P * (1 + i)^nThe caret symbol (^) means 'raise to the power of n'P is the present value (in this case $70000)n is the number of compounding periods (annual for 3 years, n=3)i is interest rate per period (12% = 0.12)FV = $70000 * (1 + 0.12)3 = $70000 * (1.404928) = $98344.96
How long does it take a present value amount to triple if the expected return is 9 percent?
It will take 12.75 periods.
What amount 1.5 years from now is equivalent to 7000 due in 8 years if money can earn 6 percent compounded semiannually?
To find the equivalent amount 1.5 years from now for $7,000 due in 8 years at a 6% interest rate compounded semiannually, we first calculate the present value of $7,000 at that point in time. The interest rate per period is 3% (6%/2), and there are 16 periods (8 years × 2). Using the present value formula ( PV = FV / (1 + r)^n ), we find the present value of $7,000 in 1.5 years (3 periods), which can be calculated as ( 7000 / (1 + 0.03)^{16} ) to find its value at that time. Finally, we calculate that present value and then determine its future value 1.5 years from now.
What is the present value of 10000 in 10 years at 6 percent annual rate compounded continuously?
There is no such thing as "compounded continuously". No matter how short it may be, the compounding interval is a definite amount of time and no less.
What is the present value of 3400 at 8.9 percent compounded monthly for five years?
3400*108.9%=3702.603702.60*108.9%=4032.134390.994781.795207.375670.826175.536725.157323.697975.508685.329458.3110300.1011216.8112215.1013302.2514486.1515775.4117179.4318708.39...60. 563,037.12
What is the present value of 12500 to be received 10 years from today Assume a discount rate of 8 percent compounded annually and round to the nearest 10?
$5,790
Which factor would be greater - the present value of 1 for 10 periods at 8 percent per period or the future value of 1 for 10 periods at 8 percent per period?
THe factors are the same
What is the value of 70000 dollars compounded annually at 12 percent for 3 years?
Future value (compounded) = P * (1 + i)^nThe caret symbol (^) means 'raise to the power of n'P is the present value (in this case $70000)n is the number of compounding periods (annual for 3 years, n=3)i is interest rate per period (12% = 0.12)FV = $70000 * (1 + 0.12)3 = $70000 * (1.404928) = $98344.96
How long does it take a present value amount to triple if the expected return is 9 percent?
It will take 12.75 periods.
What amount 1.5 years from now is equivalent to 7000 due in 8 years if money can earn 6 percent compounded semiannually?
To find the equivalent amount 1.5 years from now for $7,000 due in 8 years at a 6% interest rate compounded semiannually, we first calculate the present value of $7,000 at that point in time. The interest rate per period is 3% (6%/2), and there are 16 periods (8 years × 2). Using the present value formula ( PV = FV / (1 + r)^n ), we find the present value of $7,000 in 1.5 years (3 periods), which can be calculated as ( 7000 / (1 + 0.03)^{16} ) to find its value at that time. Finally, we calculate that present value and then determine its future value 1.5 years from now.
What is the present value of 100 to be received at the end of two years if the discount rate is 12 percent?
If it's 12% per year, compounded annually, then it is: 100 * (1 + 0.12)-2 = 79.72
What is the present value of 2000 discounted back three years if the interest rate is 8 percent compounded monthly?
If a sum of money was invested 36 months ago at 8% annual compounded monthly,and it amounts to $2,000 today, thenP x ( 1 + [ 2/3% ] )36 = 2,000P = 2,000 / ( 1 + [ 2/3% ] )36 = 1,574.51
How much interest is earned on R9 000 invested for five years at 8 percent per annum and compounded annually?
For compound interest F = P*(1 + i)^n. Where P is the Present Value, i is the interest rate per compounding period, and n is the number of periods, and F is the Future Value.F = (9000)*(1 + .08)^5 = 13223.95 and the amount of interest earned is 13223.95 - 9000 = 4223.95
What are periods in the periodic table mean?
Periods are horizontal rows. 7 periods are present in modern periodic table.
What is the balance on 2500 deposit at 3 percent compounded annually for 3 years?
After 1 year, you would have 2,500 * 1.03 = 2,575. After the 2nd year you would have 2,575 * 1.03 = 2,652.25. After the 3rd year you would have 2,652.25 * 1.03 = 2731.8175 or rounded to $2,731.82. The formula for this is FV = PV * (1+i)^n, where FV = future value, PV = present value, i = interest rate per compounding period, and n = number of periods.
