# $100,000 compounded semiannually at 16% for 5 years

38,990 results, page 3

### math

How much money should be invested today in order to have $100,000 in an account after 40 years if the rate is 6.8% compounded quarterly?

### accounting

mordica company will receive $100,000 in 7 years. If the appropriate interest rate is 10%, the present value of the $100,000 receipt is (A) $51,000 (B) $51,316 (c) $151,000 (D) $194,872

### Math Word Problem

The Mesozoic Era began about 250,000,000 years ago. The Palezoic Era began 292,000,000 years before that. How long ago did the Palezoic Era Begin? A. 42,000,000 Years B. 492,000,000 Years C. 542,000,000 Years D. 556,000,000 Years

### Engineering Economy

Maintenance cost of an equipment is P20,000 for 2 years, P40,000 at the end of 4 years, and P80,000 at the end of 8 years. Compute the semi-annual amount that will be set aside for this equipment. Money worth 10% compounded annually. My answer is P152,166.38. Is it correct? If...

### math

The Investment Problem. Suppose that Rod invests $1,000 at 6% compounded daily and Sheila invests $1,000 at 7% (per year) simple interest. In how many years will Rod’s investment be worth more than Sheila’s investment? Complete the following table to answer your question (...

### math

Pete invests $10,000 in a certificate of deposit that earns 3% interest, compounded yearly. What will be the compounded income at the end of 5 years

### Math

A firm is evaluating two machines. The first costs $250,000 and will require annual maintenance of $30,000 per year for 10 years. At the end of 10 years, the salvage value will be $75,000. The second machine costs $400,000 and will require $225,000 at the end of the fifth year...

### math

You invest $1,000 at 4% compounded daily. Two years later you take the balance and place it into an account earning 4.5% compounded daily. Determine the value of your account three years after the 2nd investment.

### ALGERBRA

Here are two ways of investing $30,000 for 20 years. Lump sum Deposit 30,000 Rate 5% compounded annually Time 20 years After 20 years, how much more will you have from the lump sum investment than from the annuity?

### GRANTHAM

Find the present value of the ordinary annuity. Please round the answer to the nearest cent.$2,000 per semiannual period for 7 yr at 12%/year compounded semiannually

### math

If $15,000 is invested at an interest rate of 10% per year, compounded monthly, find the value of the investment after the given number of years. (Round your answers to the nearest cent.) a. 6 years b. 12 years c. 18 years

### math

Sandra deposits $3000 in an ordinary annuity at the end of each semiannual period at 8% interest compounded semiannually. Find the amount she will have on deposit after 17 years

### Math, accounting, investments

A firm is evaluating two machines. The first costs $250,000 and will require annual maintenance of $30,000 per year for 10 years. At the end of 10 years, the salvage value will be $75,000. The second machine costs $400,000 and will require $225,000 at the end of the fifth year...

### Business math

Karen obtained a $26,000 loan at 4.6% compounded semiannually. a-1. What monthly payment will repay the loan in 8 1/2 years? (Do not round intermediate calculations and round your final answer to 2 decimal places.) Monthly payment $ a-2. How much interest will Karen pay over ...

### accounting

Jesper Parnevik borrowed $70,000 on March 1, 2012. This amount plus accrued interest at 12% compounded semiannually is to be repaid March 1, 2022. To retire this debt, Alex plans to contribute to a debt retirement fund five equal amounts starting on March 1, 2017, and for the ...

### compounded continously

Wnat to have $60,000 in an account after 40 years. How much needs to be deposited inthe APR is 16.3% compounded daily?

### 1630

Mr X deposit $3000 at the end of each semiannual period for 21 years at 8% interest compounded semiannually.Find the amout will have on deposit?

### finite mathematics

Find the present value of the ordinary annuity. Please round the answer to the nearest cent.$2,000 per semiannual period for 7 yr at 12%/year compounded semiannually

### Math

Lee Holmes deposited $16,600 in a new savings account at 9% interest compounded semiannually. At the beginning of year 4, Lee deposits an additional $41,600 at 9% interest compounded semiannually. At the end of year 6, what is the balance in Lee’s account? I have tried and I...

### math

In order to have $10000.00 in 5 years, how much would a person have to invest if the money will earn 8% interest compounded semiannually?

### FIN200- FV, PV and Annuity Due CP

I just want to know if anyone can help me in determining if I am on track with this assignment and if anyone can point out where I am wrong and how I need to fix it. I have already completed this assignment on my own and need someone to review it. Thank You Here is the ...

### Maths

Amount wanted after 3 years is 300,000 and 500,000 after 5 years. Find present value of p when 12peecent interest is compounded bimonthly.

### Algebra

Please help me find the value of the annuity for the following: a1= $8000, I=0.06, n=10 $8,000 invested for 10 years at 8% compounded annually$8,000 invested for 10 years at 0.06% n = 10 Thank you.

### Financial maths

what price should you pay for a $ 2000 face value,5 year bond which has $ 100 half yearly coupons, assuming that you want a 4% p.a yield,compounded semiannually?

### math

If $3000 is deposited at the end of each half year in an account that earns 6.2% compounded semiannually, how long will it be before the account contains $130,000?

### Business Math

If $4000 is deposited at the end of each year in an account that earns 6.2% compounded semiannually, how long will it be before the account contains $120,000?

### Business Math

Earl wants to retire to San Diego when he is 65, he is now 50. He will need $300,000.00, how much would he have to invest today @6% interest compounded semiannually to meet his goal?

### Business Finance

How much must be deposited now, at 6% interest compounded semiannually, to yield an annuity payment of $4000 at the end of each six month period, for a total of five years?

### matttth help please

1. Mike wants to invest money every month for 40 years. He would like to have $1 000 000 at the end of the 40 years. For each investment option, how much does he need to invest each month? a) 10.2%/a compounded monthly b) 5.1%/a compounded monthly 2. Kenny wants to invest $250...

### History

How long ago did the first human culture, involving villages and a sense of history, develop? A. about 1 billion years ago B. a few million years ago C. 100,000 to 200,000 years ago D. about 10,000 years ago E. about 1,000 years ago Thanks!

### ALGEBRA

If $450 is invested in an account that earns annual interest of 3.5%, compounded semiannually, what will the account balance be after 15 years? (Round your answer to the nearest cent.)

### ALGEBRA

If $835 is invested in an account that earns annual interest of 4.5%, compounded semiannually, what will the account balance be after 13 years? (Round your answer to the nearest cent.)

### ALGEBRA

If $835 is invested in an account that earns annual interest of 4.5%, compounded semiannually, what will the account balance be after 13 years? (Round your answer to the nearest cent.)

### ALGEBRA

If $835 is invested in an account that earns annual interest of 4.5%, compounded semiannually, what will the account balance be after 13 years? (Round your answer to the nearest cent.)

### Algebra

If $625 is invested in an account that earns annual interest of 5.5%, compounded semiannually, what will the account balance be after 8 years? (Round your answer to the nearest cent.)

### math

If $425 is invested in an account that earns annual interest of 7.5%, compounded semiannually, what will the account balance be after 11 years? (Round your answer to the nearest cent.) $ 1

### consumer math

Jim opened an account with $400. The account pays three percent quarterly. How much is in the account at the end of two years? Round to the nearest dollar. (Points : 1) 5. Use this table to answer questions 5 through 8. Principal Rate Compounded Time Final Amount $10,000 2% ...

### math

A deposit of $2,000 earns interest at a rate of 14% compounded quarterly. After two and a half years the interest rate changes to 13.5% compounded monthly. How much is in the account after six years?

### value of money

A deposit of $2,000 earns interest at a rate of 14% compounded quarterly. After two and a half years the interest rate changes to 13.5% compounded monthly. How much is in the account after six years?

### Math

The McKeegan Corporation has two different bonds currently outstanding. Bond M has a face value of $29,500 and matures in 24 years. The bond makes no payments for the first 7 years, then pays $2,100 every six months over the subsequent 10 years, and finally pays $2,700 every ...

### ALegbra

If an apartment complex will need painting in 3 1/2 years and the job will cost $25,000, what amount needs to be deposited into an account now in order to have the necessary funds? The account pays 8% interest compounded semiannually. (a) State the type of the problem. future ...

### algreba with application

If $795 is invested in an account that earns annual interest of 5.5%, compounded semiannually, what will the account balance be after 5 years? (Round your answer to the nearest cent.)

### college math

An initial investment of $1000 is appreciated for 4 years in an account that earns 6% interest, 2) compounded semiannually. Find the amount of money in the account at the end of the period.

### Business Calc

We deposit $19000 into an account earning 3% interest compounded semiannually. How many years will it take for the account to grow to $47500 ? Round to 2 decimal places.

### Check Answer!!

You deposit $4,300 in an account earning 3.5% interest compounded semiannually. How much will you have in the account after 9 years? 4300(1+.035/2)^(2x9) ~~ 5876.08

### math

A client comes to you for investment advice on his $500,000 winnings from the lottery. He has been offered the following options by three different financial institutions and requests assistance to help understand which option would be the best for his investment. Option 1: 6...

### math

A client comes to you for investment advice on his $500,000 winnings from the lottery. He has been offered the following options by three different financial institutions and requests assistance to help understand which option would be the best for his investment. Option 1: 6...

### Math

Roiger made deposits of $900 semiannually to the bank, which pays 6% interest compounded semiannually. After 7 yrs., he makes no more deposits. What would be the balance in the account 8 yrs. later from the last deposit?

### Economics

Given the following data, use present worth analysis to ﬁnd the best alternative, A,B, or C. A B C Initial cost $10,000 15,000 $12,000 Annual beneﬁt 6,000 10,000 5,000 Salvage value 1,000 −2,000 3,000 Useful life 2 years 3 years 4 years Use an analysis ...

### Algebra ASAP

Suppose that $17,000 is invested in a savings account paying 5.1% interest per year. (a) Write the formula for the amount A in the account after t years if interest is compounded monthly. A(t) = (b) Find the amount in the account after 3 years if interest is compounded daily...

### Math

Please check my work, thank you If $7,800 is deposited into an account paying 6% interest compounded annually (at the end of each year), how much money is in the account after 2 years? A=$8,268.00 Rewrite the statement, using percent notation. Out of every 100 eligible people...

### math

Find the amount that schould be invested now to accumulate following amounts,if te money is compounded as indicated. $2000 at 9% compund semiannually for 8 years. i don't know how u do this sorry, your homework!!!!!!!!!!!!!!!!!! Double post. I answered this below.

### algebra

$7,000 is invested into two accounts: 4,000 into an account paying 5% interest compounded monthly and $3,000 into an account paying 4.1% interest compounded continuously. compute the total interest earned at the end of 2 years.

### wildcat

Compound Interest: Suppose $1,600 is invested in a savings account that pays 5% compounded semiannually, how much is in the account at the end of 11 2 years? having difficulties in finding a solution

### math

A depositor opens a new savings account with $ 8000 at 8 % compounded semiannually. At the beginning of year 3, an additional $6000 is deposited. At the end of four years, what is the balance in the account?

### Business Finance

You choose to invest your $3,560 income tax refund check (rather than spend it!) in an account earning 5% compounded semiannually. How much will the account be worth in 5 years?

### Business Finance

You choose to invest your $3,560 income tax refund check (rather than spend it!) in an account earning 5% compounded semiannually. How much will the account be worth in 5 years?

### Math

A boat costs $92,000 and depreciates in value by 15% per year. How much will the boat be worth after 10 years? 18,112.45 78,200 18,941.98 69,000 18,112.45 A $6000 principal earns 8% interest compounded semi annually after 35 years. What is the balance? A. 22,800 B. 39,600 C. ...

### Math

A man buys a house for $310,000. He makes a $150,000 down payment and amortizes the rest of the debt with semiannual payments over the next 8 years. The interest rate on the debt is 11%, compounded semiannually. (a) Find the size of each payment. (b) Find the total amount paid...

### compounded continously

A saving account earns 4.3% compounded continously. How much needs to be deposit for a $12,000 after 3 years?

### Math

A loan of $37,000 is made at 3%interest, compounded annually. After how many years will the amount due reach $49,000 or more? (Use the calculator provided if necessary.) Write the answer as a whole number. ****I get 1.03^10 = 49,724.91 So is the answer 10 years at 49,725.00?

### math

a company will need $30.000 in 7 years for a new addition. To meat this goal the company deposits money in an account today that pays 7% annual interest compounded quarterly. find the amount that should be invested to total $30.000 in 7 years?

### math

You receive $12,000 and looking for a bank to deposit the funds. Bank A offers an account with an annual interest rate of 3% compounded semiannually. Bank B offers an account with 2.75% annual interest rate compounded continuously. Calculate the value of the two accounts at ...

### math

You receive $12,000 and looking for a bank to deposit the funds. Bank A offers an account with an annual interest rate of 3% compounded semiannually. Bank B offers an account with 2.75% annual interest rate compounded continuously. Calculate the value of the two accounts at ...

### Finance

You receive $12,000 and looking for a bank to deposit the funds. Bank A offers an account with an annual interest rate of 3% compounded semiannually. Bank B offers an account with 2.75% annual interest rate compounded continuously. Calculate the value of the two accounts at ...

### Finance

You receive $12,000 and looking for a bank to deposit the funds. Bank A offers an account with an annual interest rate of 3% compounded semiannually. Bank B offers an account with 2.75% annual interest rate compounded continuously. Calculate the value of the two accounts at ...

### Math Finite

How many years will it take for $12,000 to grow to $15,000 at 5.75% compounded monthly?

### math

how much money should you invest now to have 6000 in 11 years if you invest the money at a rate of 11.1%. compounded semiannually.

### math

how much money should you invest now to have 7000 in 11 years if you invest the money at a rate of 9.3%. compounded semiannually

### math

how much money should you invest now to have 5000 in 11 years if you invest the money at a rate of 9.4%. compounded semiannually

### math

compouned semiannually P dollars is invested at annual rate. r for 1 year. If the intrest is compounded semiannually then the polynomial P(1+r/2)by the second power represent the value of the investment after 1 year. Rewrite this expression without parentheses. Evaluate the ...

### Investment interest

Scenario: A client comes to you for investment advice on his $500,000 winnings from the lottery. He has been offered the following options by three different financial institutions and requests assistance to help understand which option would be the best for his investment. ...

### Math

Myrna Lewis wishes to have $4,000 in four years to tour Europe. How much must she invest today at 8% interest compounded quarterly to have $4,000 in four years?

### math

If you invest $17,000 a year for 11 years, at 4% compounded monthly, what would the balance be at the end of 11 years?

### math

Suppose a state lottery prize of $2 million is to be paid in 20 payments of $100,000 each at the end of each of the next 20 years. If money is worth 9%, compounded annually, what is the present value of the prize?

### ALGEBRA

Find the future value, using the future value formula and a calculator. (Give your answer to the nearest cent.) $44.01 at 6.5% compounded semiannually for 2 years

### Business finance

How much money must be deposited now, at 6% interest compounded semiannually, to yield an annunity payment of $4000 at the end of each six month period, for a totl of five years? Round to the nearest cent

### Please Help

Find the present value of an ordinary annuity of $1,400 payments each made semiannually over 8 years and earning interest at 12% per year compounded semi-annually. $6,954.70 $9,763.58 $14,148.25 $3,365.99 Thanks for the help

### math

suppose that your bank pays 10% interest, compounded semiannually. Use table 12-2 of your text to find how much should be deposited now to yield an annuity payment of $400 at the end of every six months, for 4 years.

### quantitative reasoning

lee willis needs to save $16,000 to open up a hair salon in 5 years. what lump sum must Lee deposit today in order to have $16,000 in 5 years? Lee can earn 7.25% interest compounded quarterly

### MTH 157

A company will need $50,000 in five years for a new addition.To meet this goal the company deposits the money in an account today that pays 4% annual interest compounded quarterly. Find the amount that should be invested to total $50,000 in 5 years. Thanks for the help!

### Math

Myrna Lewis wishes to have $4,000 in four years to tour Europe. How much must she invest today at 8% interest compounded quarterly to have $4,000 in four years? $4000 = x(1+ 0.02)^16 =$2,913.78

### Finance

A wealthy donor endows a chaired professorship. If the interest rate is 8% how much must he set aside to provide the following end of year salary payment alternatives? a. $100,000 per yr for 20 yrs b. $100,000 per yr in perpetuity c. A perpetuity that pays $100,000 for the ...

### Math

If a nurse deposits $2,000 today in a bank account and the interest is compounded annually at 10 percent, what will be the value of this investment: a. five years from now? B. ten years from now? C. fifteen years from now? D. twenty years from now?

### Correted Bob can you re-check?

So i pretty much had them right the first time with the first set of answers i just needed to round up? 1. $5000.00 compounded annually at 6% for 5 years= $6,691.13? 2. $5000.00 compounded quartley at 6% for 5 years= $6,719.58? 3. $5000.00 compounded quartley at 65 FOR 5 YEARS...

### Finance

Business Investment A firm of attorneys deposits $5000 of profit-sharing money at the end of each semiannual period for years. Find the final amount in the account if the deposits earn 10% compounded semiannually.

### Business math

Sam Monte deposits $21,500 into Legal Bank which pays 6 percent interest that is compounded semiannually. By using the table in the handbook, what will Sam have in his account at the end of 6 years?

### Pre-Algrebra

Alecia deposited $500 in a savings account at 5% compounded semiannually. What is her balance after 5 years? Can you please show me step by step how to do this problem. The choices are $650.00 $640.04 $670.05 $897.93

### Finance

A company requires the amount of $1,000,000 in 25 years to retire a bond issue. Assume they can earn 5 3/4% interest compounded daily. What amount would they have to pay quarterly to be able to retire this debt in 25 years?

### math

Steve wants to have $25000 in 25 years, he can only get 3.2% interest compounded quarterly. his bank will guarantee the rate for either 5 or 8 years in 5 years he can get 4% compounded quarterly for the remainder of the term in 8 years he can get 5% compounded quarterly for ...

### Intro To college math

Find the future value, using the future value formula and a calculator. (Give your answer to the nearest cent.) $42.31 at 4.5% compounded semiannually for 4 years.

### Math

Jasica Parker would like to have $78 comma 000 to buy a new car in 8 years. To accumulate $ 78 comma 000 in 8 years, how much should she invest monthly in a sinking fund with 6 % interest compounded monthly?

### math

The problem describes a debt to be amortized. A man buys a house for $350,000. He makes a $150,000 down payment and amortizes the rest of the debt with semiannual payments over the next 12 years. The interest rate on the debt is 11%, compounded semiannually. (Round your ...

### math

The problem describes a debt to be amortized. A man buys a house for $350,000. He makes a $150,000 down payment and amortizes the rest of the debt with semiannual payments over the next 12 years. The interest rate on the debt is 11%, compounded semiannually. (Round your ...

### Math

Could somebody please help me with a few Math questions? 1. Provide an appropriate response. True or False? 100.567 is between 10 and 100. 2. Use an annual percentage rate table to solve the problem. A family purchased a new ski boat for $20,000. The loan agency required a ...

### Math

A loan of $37,000 is made at 8.75% interest, compounded annually. After how many years will the amount due reach $93,000 or more?

### Math

You borrow $2,000 for a period of 4 years. You are charged simple interest at a rate of 3%. How much will you repay at the end of 4 years? So, do I draw out the formula I = P x R x T. I = Interest - unknown P = Principal - 2,000 R = Rate - 3%, 3 / 100 = 0.03 T = Time - 4 years...

### math

Osama invested Rs.8,000 for 3 years at 5% C.I in a post office. If the interest is compounded once in a year, what sum will he get after 3 years?

### Consumer math

When Greg was born, his grandmother put $5000 in a savings account for his college expenses. It was compounded at 2.5 percent semiannually, and left in the account 18 years. How much was in the account? Round to the nearest dollar.