An investor has a projected surplus income of P 1000 per year which he plans to deposit in a bank which offers an interest of 18% per annum for time deposit of over 5years. Compute how much shall the investor collect at the end of 13years, assuming he never withdraw before the 13th YEAR?
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A7
2. An investor has a projected surplus income of P 1000 per year which he plans to deposit in a bank which offers an interest of 18% per annum for time deposit of over 5years. Compute how much shall the investor collect at the end of 13years, assuming he never withdraw before the 13th YEAR?
ANSWER = 4221,866.28
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- You put $250 in the bank for S years at 12%. A. If interest is added at the end of the year, how much will you have in the bank after one year? Calculate the amount you will have in the bank at the end of year two and continue to calculate all the way to the end of the fifth year. B. Use the future value of $1 table in Appendix B and verity that your answer is correct.May I ask for an explanation and solution to the question for a better understanding. Thank you! 8. Assume that you can invest to earn a stated annual rate of return of 12%, but where interest is compounded semiannually. If you make consecutive semi-annual deposits of P500 each, with the first deposit being made today, what will your balance be at the end of Year 5? a. P6,590.40 b. P881.17 c. P440.59 d. P1,762.342. Assume that you can invest to earn a stated annual rate of return of 12 percent, but where interest is compounded semiannually. If you make 20 consecutive semiannual deposits of $500 each, with the first deposit being made today, what will your balance be at the end of Year 20? $57,900.83 $58,988.19 O $52,821.19 O $64,131.50 O $62,527.47
- 5. An investor buys a 150 TL investment fund from the bank and sells it for 165 TL after 25 days. What is the % of Annual Effective Return? 6. If the monthly (periodically) interest is 1% for a one-month deposit, what is the Annual Effective Return?Assume that you can invest to earn a stated annual rate of return of 12%, but where interest is compounded semiannually. If you make consecutive semi-annual deposits of P500 each, with the first deposit being made today, what will your balance be at the end of Year 5? * P881.17 P6,590.40 P440.59 P1,762.34ربو Suppose an investor will receive payments at the end of the next six years in the amounts shown in the table. 6 248 Ycar 1 5 4 2 3 Payment 465 233 632 365 334 If the interest rate is 3.5% compounded semiannually, what is the present value of the investment?. [Assume the first payment will arrive one year from now].
- Q2. You are considering investing $2,000 in a bank term deposit for 5 years. The term deposit will pay quarterly interest of 3% (compounded quarterly). What is the value of the deposit at the end of year 5?7 - When you estimate that you can buy a house for 1,000,000 TL in 10 years, if you accept that the interest rate is 25% and will not change; Approximately how much money do you need to deposit in the bank annually? (The future value of annuities will be calculated with the formula.) a) 78,898 TL B) 65,778 TL NS) 40,345 TL D) 30,073 TL TO) 76,778 TLQ1: Calculate (PW) for annual payments (900$/year) if the first payment will deposit at the present time, and the last one will deposit at begin of the ninth year? If you know that it's on deposit at the fifth year, and the interest rate is (15%)!
- If you deposit OMR 5000 in your account in a bank; if your bank pays 9.05% interest, how much will you get in 15 years? Find future value Select one: a. None of the option b. 18212.41 c. 18833.31 d. 18212.14 e. 18338.132 (a)Suppose you expect to receive GH¢ 2,000 per year for the next 22 years except that you will not receive any payment in year 4, 6, 11 and 18. What is the present value of this amount if the interest rate is 24% per year compounded yearly.If you deposit OMR 8500 in your account in a bank. Suppose the bank pays 1.15% compound interest half yearly. Calculate future value of your money in 9 years. Select one: a. 9424.09 b. None of the options c. 1424.09 d. 3424.09 e. 6424.09