Question

**a.** What is the future value in five years of
$1,200 invested in an account with an annual percentage rate of 10
percent, compounded annually? **(Do not round intermediate
calculations and round your answer to 2 decimal places, e.g.,
32.16.)**

Future value $ Not attempted

**b.** What is the future value in five years of
$1,200 invested in an account with an annual percentage rate of 10
percent, compounded semiannually? **(Do not round
intermediate calculations and round your answer to 2 decimal
places, e.g., 32.16.)**

Future value $ Not attempted

**c.** What is the future value in five years of
$1,200 invested in an account with an annual percentage rate of 10
percent, compounded monthly? **(Do not round intermediate
calculations and round your answer to 2 decimal places, e.g.,
32.16.)**

Future value $ Not attempted

**d.** What is the future value in five years of
$1,200 invested in an account with an annual percentage rate of 10
percent, compounded continuously? **(Do not round
intermediate calculations and round your answer to 2 decimal
places, e.g., 32.16.)**

Future value $ Not attempted

Answer #1

a.We use the formula:

A=P(1+r/100)^n

where

A=future value

P=present value

r=rate of interest

n=time period.

A=$1200*(1.1)^5

=$1200*1.61051

=**$1932.61(Approx).**

**2.**We use the formula:

A=P(1+r/200)^2n

where

A=future value

P=present value

r=rate of interest

n=time period.

A=1200(1+0.1/2)^(2*5)

=$1200*1.628894627

=**$1954.67(Approx).**

**c.**We use the formula:

A=P(1+r/1200)^12n

where

A=future value

P=present value

r=rate of interest

n=time period.

A=$1200(1+0.1/12)^(12*5)

=$1200*1.645308935

=**$1974.37(Approx).**

**d.**We use the formula:

A=P(e)^rn

where

A=future value

P=present value

r=rate of interest

n=time period.

e=2.71828

A=$1200(2.71828)^(0.1*5)

=$1200*1.648720716

=**$1978.46(Approx).**

a. What is the future value in six years of
$1,400 invested in an account with an annual percentage rate of 9
percent, compounded annually? (Do not round intermediate
calculations and round your answer to 2 decimal places, e.g.,
32.16.)
Future value $
b. What is the future value in six years of $1,400
invested in an account with an annual percentage rate of 9 percent,
compounded semiannually? (Do not round intermediate
calculations and round your answer to 2 decimal...

a. Compute the future value of $1,900 continuously compounded
for 7 years at an annual percentage rate of 9 percent. (Do not
round intermediate calculations and round your answer to 2 decimal
places, e.g., 32.16.) b. Compute the future value of $1,900
continuously compounded for 5 years at an annual percentage rate of
13 percent. (Do not round intermediate calculations and round your
answer to 2 decimal places, e.g., 32.16.) c. Compute the future
value of $1,900 continuously compounded for...

a. Compute the future value of $1,900
continuously compounded for 7 years at an annual percentage rate of
8 percent. (Do not round intermediate calculations and
round your answer to 2 decimal places, e.g., 32.16.)
Future value
$
b. Compute the future value of $1,900 continuously
compounded for 5 years at an annual percentage rate of 11 percent.
(Do not round intermediate calculations and round your
answer to 2 decimal places, e.g., 32.16.)
Future value
$
c. Compute...

Q1 What is the future value in seven years of 1200 invested in
an account of annual percentage rate of 8 percent, compounded semi
annually.
B What is the future value in seven years of 1200 invested in an
account of annual percentage rate of 8 percent, compounded
annually.
C What is the future value in seven years of 1200 invested in an
account of annual percentage rate of 8 percent, compounded
monthly.
D What is the future value in...

Compute the future value of $1,000 compounded annually for 20
years at 8 percent. (Do not round intermediate calculations
and round your answer to 2 decimal places, e.g.,
32.16.)
Future value
$
b.
Compute the future value of $1,000 compounded annually for 15
years at 11 percent. (Do not round intermediate
calculations and round your answer to 2 decimal places, e.g.,
32.16.)
Future value
$
c.
Compute the future value of $1,000 compounded annually for 25
years at...

What is the future value of $3,100 in 17 years assuming an
interest rate of 8.4 percent compounded semiannually? (Do
not round intermediate calculations and round your answer to 2
decimal places, e.g., 32.16.)
What is the future value?

Suppose you are going to receive $13,900 per year for five
years. The appropriate discount rate is 8.8 percent.
a-1. What is the present value of the payments if they are in
the form of an ordinary annuity? (Do not round intermediate
calculations and round your answer to 2 decimal places, e.g.,
32.16.)
a-2. What is the present value if the payments are an annuity
due? (Do not round intermediate calculations and round your answer
to 2 decimal places, e.g.,...

Suppose you are going to receive $9,500 per year for five years.
The appropriate interest rate is 11 percent.
a. What is the present value of the payments if
they are in the form of an ordinary annuity? (Do not round
intermediate calculations and round your answer to 2 decimal
places, e.g., 32.16.)
Present value
$
What is the present value of the payments if the payments are an
annuity due? (Do not round intermediate calculations and
round your answer...

Calculate the future value in six years of $5,000 received today
if your investments pay (Do not round intermediate
calculations. Round your answers to 2 decimal places. (e.g.,
32.16))
Future
Value
a.
6 percent compounded annually
$
b.
8 percent compounded annually
c.
10 percent compounded annually
d.
10 percent compounded semiannually
e.
10 percent compounded quarterly
PLEASE SHOW THE WORK

A 6-year annuity of twelve $11,800 semiannual payments will
begin 9 years from now, with the first payment coming 9.5 years
from now.
If the discount rate is 12 percent compounded monthly, what is
the value of this annuity five years from now? (Do not
round intermediate calculations and round your answer to 2 decimal
places, e.g., 32.16.)
Value of the
annuity
$
If the discount rate is 12 percent compounded monthly, what is
the value three...

ADVERTISEMENT

Get Answers For Free

Most questions answered within 1 hours.

ADVERTISEMENT

asked 3 minutes ago

asked 8 minutes ago

asked 10 minutes ago

asked 13 minutes ago

asked 22 minutes ago

asked 28 minutes ago

asked 31 minutes ago

asked 31 minutes ago

asked 31 minutes ago

asked 31 minutes ago

asked 32 minutes ago

asked 33 minutes ago