Question

Find the accumulated value of an investment of $ 25,000 for 3 years at an interest...

Find the accumulated value of an investment of $ 25,000 for 3 years at an interest rate of 7% if the money is a. compounded​ semiannually b. compounded​ quarterly c. compounded monthly d. compounded continuously.

Homework Answers

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
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...
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
Find the accumulated present value of an investment over a 8 year period if there is...
Find the accumulated present value of an investment over a 8 year period if there is a continuous money flow of $12,000 per year and the interest rate is 1.6% compounded continuously.
Find the accumulated present value of an investment over a 6 year period if there is...
Find the accumulated present value of an investment over a 6 year period if there is a continuous money flow of $9,000 per year and the interest rate is 1.9% compounded continuously.
If $35,500 is invested at 6.8% for 30 years, find the future value if the interest...
If $35,500 is invested at 6.8% for 30 years, find the future value if the interest is compounded the following ways. (Round your answers to the nearest cent.) (a) Semiannually (b)monthly (c)daily (n=360) (d) continuously
A series of equal quarterly payments of $25,000 for 10 years is equivalent to what future...
A series of equal quarterly payments of $25,000 for 10 years is equivalent to what future worth amount at an interest rate of 8.4% compounded at the given intervals? (a) Quarterly (b) Monthly (c) Continuously
Calculate the accumulated value of an investment of 4,250 after 7 years assuming the annual effective...
Calculate the accumulated value of an investment of 4,250 after 7 years assuming the annual effective rate of discount is 6% for the first 2 years, the annual nominal rate of interest compounded monthly 6.6% for the next 3 years and force of interest is 4.5% for the final 2 years. Answer to the nearest cent.
Compute the future value of $8,500 for 10 years at a stated annual interest rate of...
Compute the future value of $8,500 for 10 years at a stated annual interest rate of 10 percent, compounded: (a) annually (b) every six months (c) quarterly (d) monthly (e) continuously compounded
An investment of $31 700 is accumulated at 4.24% compounded quarterly for three and one-half years....
An investment of $31 700 is accumulated at 4.24% compounded quarterly for three and one-half years. At that time the interest rate is changed to 6.12% compounded monthly. How much is the investment worth two years after the change in interest rate?
An investment of $41 700 is accumulated at 7.24% compounded quarterly for three and one-half years....
An investment of $41 700 is accumulated at 7.24% compounded quarterly for three and one-half years. At that time the interest rate is changed to 6.12% compounded monthly. How much is the investment worth two years after the change in interest rate?
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT