Webarrow_forward. Using the following partial table of present value of $1 at compound interest, the present value of $96,666 to be received 3 years hence with earnings at the rate of 6% a year is Year 6% 10% 12% 1 0.943 0.909 0.893 2 0.890 0.826 0.797 3 0.840 0.751 0.712 4 0.792 0.683 0.636 A..$61,479.58 b.$76,559.47 c.$66,022.88 d.$81,199.44 ... WebMar 5, 2016 · In this equation, the present value of the investment is its price today and the future value is its face value. The number of period terms should be calculated to match …
9.5: Determining the Interest Rate - Mathematics LibreTexts
WebYes, you can simply divide the present value by the risk-free interest rate over time, to get the "past value" at a given year that you would need to have invested in order to obtain the present value. Please note that the Alf Lyle answer is totally wrong. WebWhat is the future value of $1,400 in 20 years assuming an interest rate of 9.6 percent, compounded semiannually? Calculate how much you would have in a savings account 5 years from now if you invest $1,000 today, given that the interest paid is 8 percent compounded annually. Suppose that $2,000 is invested at a rate of 4.2%, compounded … dm ciglane sarajevo
How to Calculate Interest Rate Using Present & Future Value
Web1 day ago · The average interest rate on a 10-year HELOC is 6.98%, down drastically from 7.37% the previous week. This week’s rate is higher than the 52-week low of 4.11%. At … WebExpert Answer. Transcribed image text: Find the future value of the following annuity due. Assume that interest is coinpounded annually, there are n payments of R dollars, and the interest rate is i. R = 16,000; 1 = 0.04; n = 4 The future value of the annuity due is 5 (Round to the nearest cent as needed.) Previous question Next question. WebCalculation Using a Present Value of 1 Table As the timeline indicates, we know the future value is $10,000 and the present value is $7,300. The number of years (n) is four. The unknown component is the annual interest rate (i), which is compounded annually. In equation form, Exercise #8 looks like this: dm ceska republika