find the accumulated value of $100 at the end of two years if thenominal annual...

find the accumulated value of $100 at the end of two years if the nominal annual rate of discount is 7% once every four years

Solutions

Expert Solution

Accumulated value at the end of 2 years is $116.28

jeff jeffy answered 2 years ago

Next > < Previous

Related Solutions

Find the accumulated value of $2,560 at the end of twelve years if the nominal interest...

Find the accumulated value of $2,560 at the end of twelve years if the nominal interest rate was 2% convertible monthly for the first three years, the nominal rate of discount was 3% convertible semiannually for the next two years, the nominal rate of interest was 4.2% convertible once every two years for the next four years, and the annual effective rate of discount was 0.058 for the last three years. (Round your answer to the nearest cent.)

Find the accumulated value of $18,000 invested for 8 years: (A) at a nominal annual rate...

Find the accumulated value of $18,000 invested for 8 years: (A) at a nominal annual rate of interest of 4.5% convertible quarterly. (B) at 4% per year compounded weekly. (C) at a discount rate of 2.8% per year compounded monthly.

Find the accumulated value of $4,715 invested for 13 years if the annual effective rate of...

Find the accumulated value of $4,715 invested for 13 years if the annual effective rate of discount is 5% for the first 7 years and a nominal rate of discount of 3.8% per year compounded bi-monthly (i.e., every two months) is used thereafter

At 4% effective annual interest, what is the accumulated amount at the end of ten years...

At 4% effective annual interest, what is the accumulated amount at the end of ten years (Future worth) if $50 is invested at end of each year for ten years?

Michael deposits $1000 at the end of each year for 10 years. Determine the accumulated value...

Michael deposits $1000 at the end of each year for 10 years. Determine the accumulated value of these deposits at the end of 10 years if the interest rate is 5% per annum for the first 5 years and 6% per annum thereafter, compounded annually throughout.

Find the present value of $10,000 due at the end of 7 years if: (a) The...

Find the present value of $10,000 due at the end of 7 years if: (a) The nominal annual interest rate is 6% compounded semi annually. (b) The nominal annual interest rate is 4% compounded monthly.

Find the accumulate value at the end of year 10 of a 10-year annuity with annual...

Find the accumulate value at the end of year 10 of a 10-year annuity with annual payments which pays $1000 in one year and each subsequent payment is 3% less than the preceding payment. The annual effective rate of interest is 5%. An annuity immediate has semiannual payments with arithmetic progression of 800, 750, 700, . . . , 350, at i(2) = 0.16. Find the future value of this annuity 3 years after the last payment.

Question