Question

In: Finance

a: Compute the future value of $1,900 continuously compounded for 8 years at an APR of...

a: Compute the future value of $1,900 continuously compounded for 8 years at an APR of 10 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 APR of 9 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 10 years at an APR of 5 percent. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

d: Compute the future value of $1,900 continuously compounded for 8 years at an APR of 7 percent. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)



   

Solutions

Expert Solution


Related Solutions

Compute the future value of: An initial $2,000 compounded annually for 10 years at 8% An...
Compute the future value of: An initial $2,000 compounded annually for 10 years at 8% An initial $2,000 compounded annually for 10 years at 10% An annuity of $2,000 for 10 years at 8% An annuity of $2,000 for 10 years at 10%
Compute the future value of $2000 compounded forward for 7 years at a rate of 16...
Compute the future value of $2000 compounded forward for 7 years at a rate of 16 percent compounded annually, and then at 16 percent compounded quarterly.
(Future value) To what amount will $ 4800 invested for 8 years at 9 percent compounded...
(Future value) To what amount will $ 4800 invested for 8 years at 9 percent compounded annually accumulate? $4800 invested for 8 years at 9 percent compounded annually will accumulate to $ _____ (Round to the nearest cent.)
If the current rate of interest is 8% APR, then the future value of an investment...
If the current rate of interest is 8% APR, then the future value of an investment that pays $500 every two years and lasts 20 years is closest to: $11,000 $10,661 $22,881 $20,000
1. What is the future value $490 per yearfor 8 years compounded annually at 10 percent?...
1. What is the future value $490 per yearfor 8 years compounded annually at 10 percent? 2. Whats is the present value of $3,000 per year for 8 years discounted back to the present at 10 percent?
Problem 4-2 Calculating Future Values a. Compute the future value of $2,000 compounded annually for 10...
Problem 4-2 Calculating Future Values a. Compute the future value of $2,000 compounded annually for 10 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 $2,000 compounded annually for 10 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 $2,000 compounded annually...
You have found three investment choices for a one-year deposit 11.7 % APR compounded monthly, 11.7 % APR compounded annually, and 10 8% APR compounded daily
You have found three investment choices for a one-year deposit 11.7 % APR compounded monthly, 11.7 % APR compounded annually, and 10 8% APR compounded daily. Compute the EAR for each investment choice (Assume that there are 365 days in the year) (Note Be careful not to round any intermediate steps less than six decimal places) The EAR for the first investment choice is% (Round to three decimal places) The EAR for the second investment choice is % (Round to three decimal...
What is the future value of $6,000 invested for 5 years at 10% compounded annually?
What is the future value of $6,000 invested for 5 years at 10% compounded annually? A. 9,255 B. 8,902 C. 9,751 D. 9,663
a. Compute the future value at the end of 4 years of $900 invested today at...
a. Compute the future value at the end of 4 years of $900 invested today at an interest rate of 6 per cent and describe two business uses for this specific type of computation. b. Compute the future value at the end of 4 years of $900 put away in a savings account each of four years at an interest rate of 6 per cent and describe two business uses for this specific type of computation. c. Explain the time...
What is the present value of a lump sum of $2,000 deposited in 9 years at a rate of 12 percent compounded continuously?
What is the present value of a lump sum of $2,000 deposited in 9 years at a rate of 12 percent compounded continuously?(Please show step by step calculations. Also, a financial calculator can be used as well ,as long as each step is shown. )
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT