Question

What is the 7 year maturity value of a $5000 investment that earned 4.35% interest compounded...

What is the 7 year maturity value of a $5000 investment that earned 4.35% interest compounded quarterly for 3 years, and 6.0% interest compounded semi-annually for the final 4 years? (Be sure to include a “timeline” display).

Business   Finance   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
The maturity value of a savings account that belonged to Peach Company was $43,133.50. The interest...
The maturity value of a savings account that belonged to Peach Company was $43,133.50. The interest charged for the first 3 years was 6% compounded semi-annually, and 4% compounded quarterly for the next 4 years. a. Calculate the amount that was deposited in the savings account at the beginning of the period. b. Calculate the total amount of interest earned from this investment.
An investment of ​$4885.45 earns interest at 4​% per annum compounded semi-annually for 4 years. At...
An investment of ​$4885.45 earns interest at 4​% per annum compounded semi-annually for 4 years. At that time the interest rate is changed to 7.2% compounded quarterly. How much will the accumulated value be 4.5 years after the​ change? The accumulated value is ​$. ​(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as​ needed.)
Find the interest earned on $25000.00 invested for 6 years at 4.5% interest compounded as follows....
Find the interest earned on $25000.00 invested for 6 years at 4.5% interest compounded as follows. a. Annually -Compounding annually, the interest earned is b. Semiannually (twice a year) -Compounding semiannually, the interest earned is c. Quarterly -Compounding quarterly, the interest earned is d. Monthly- Compounding monthly, the interest earned is e. Continuously- . Compounded continuously, the interest earned is
For a deposit of ​$1027 at 6.4​% over 2 ​years, find the interest earned if interest...
For a deposit of ​$1027 at 6.4​% over 2 ​years, find the interest earned if interest is compounded​ semiannually, quarterly,​ monthly, daily, and continuously. The interest earned if interest is compounded semiannually is---- ​2   Find the present value of the following future amount. ​$2000 at 10​% compounded annually for 30 years The present value is----- 3 Suppose a savings and loan pays a nominal rate of 1.4​% on savings deposits. Find the effective annual yield if interest is compounded quarterly...
3. If $2,800 is discounted back 4 years at an interest rate of 8% compounded semi-annually,...
3. If $2,800 is discounted back 4 years at an interest rate of 8% compounded semi-annually, what would be the present value? . 4. Consider a newlywed who is planning a wedding anniversary gift of a trip to Canada for her husband at the end of 10 years. She will have enough to pay for the trip if she invests $4,000 per year until that anniversary and plans to make her first $4,000 investment on their first anniversary. Assume her...
If ​$250 is invested at 7​% compounded ​(A) annually, ​ (B) quarterly, ​ (C) monthly, what...
If ​$250 is invested at 7​% compounded ​(A) annually, ​ (B) quarterly, ​ (C) monthly, what is the amount after 4 ​years? How much interest is​ earned?
1. What is the future value of $15,000 saved at i=38.45% , compounded annually in 1...
1. What is the future value of $15,000 saved at i=38.45% , compounded annually in 1 year? 2. What is the future value of $15,000 saved at i=38.45% , compounded annually in 2 years? 3. What is the future value of $15,000 saved at i=38.45% , compounded semi-annually in 2 years? 4. What is the future value of $15,000 saved at i=38.45% , compounded quarterly in 2 years?
We have an investment of 5000 $ 1-what will be the value of the investment after...
We have an investment of 5000 $ 1-what will be the value of the investment after 5 years from 4.2% interest compounded continuously? 2-after five years , from 4.3% intereste compounded monthly? 3- what does this results tell you about the benefits of continuous compounding?
Determine the present value of $5000 to be paid in 8 years time if current interest...
Determine the present value of $5000 to be paid in 8 years time if current interest of 10 percent is compounded (a) annually, (b) semiannually, (c) quarterly, and (d) continuously.”
Ava invested $1750 into an RRSP that earned interest at 5% compounded semi-annually for eight years....
Ava invested $1750 into an RRSP that earned interest at 5% compounded semi-annually for eight years. a) Find the balance of the account at the end of the period. b) How much interest is earned? c) What is the effective rate of interest?
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT