Value of Future Payments » compounded http://valueoffuturepayments.com Future Payments Value Advice Sun, 05 Sep 2010 21:39:48 +0000 http://wordpress.org/?v=2.9.2 en hourly 1 What is the present value of $32,088, received 10 years from now, using an interest rate of 12% compounded? http://valueoffuturepayments.com/what-is-the-present-value-of-32088-received-10-years-from-now-using-an-interest-rate-of-12-compounded http://valueoffuturepayments.com/what-is-the-present-value-of-32088-received-10-years-from-now-using-an-interest-rate-of-12-compounded#comments Tue, 24 Aug 2010 05:44:40 +0000 Editor http://valueoffuturepayments.com/what-is-the-present-value-of-32088-received-10-years-from-now-using-an-interest-rate-of-12-compounded formula?

]]> http://valueoffuturepayments.com/what-is-the-present-value-of-32088-received-10-years-from-now-using-an-interest-rate-of-12-compounded/feed 0 Calculate the future value of a deposit of $5,000 compounded annually at an interest rate of 6% over 23 years? http://valueoffuturepayments.com/calculate-the-future-value-of-a-deposit-of-5000-compounded-annually-at-an-interest-rate-of-6-over-23-years http://valueoffuturepayments.com/calculate-the-future-value-of-a-deposit-of-5000-compounded-annually-at-an-interest-rate-of-6-over-23-years#comments Sun, 30 May 2010 21:40:06 +0000 Editor http://valueoffuturepayments.com/calculate-the-future-value-of-a-deposit-of-5000-compounded-annually-at-an-interest-rate-of-6-over-23-years really am stuck on this. answer and formula would be great!

]]> http://valueoffuturepayments.com/calculate-the-future-value-of-a-deposit-of-5000-compounded-annually-at-an-interest-rate-of-6-over-23-years/feed 1 Please help me with this compounded interest problem? http://valueoffuturepayments.com/please-help-me-with-this-compounded-interest-problem http://valueoffuturepayments.com/please-help-me-with-this-compounded-interest-problem#comments Sun, 30 May 2010 13:40:10 +0000 Editor http://valueoffuturepayments.com/please-help-me-with-this-compounded-interest-problem I have this posted in the mathematics section as well – just trying to get some well-rounded feedback by posting in a secondary category…

Allow me post the problem, and then I’ll tell you what my issue is:

Problem: You would like to have $4500 in 4 years for a special vacation following graduation by making deposits at the end of every six months in an annuity that pays 5% compounded semiannually.

How much should you deposit at the end of every six months? (using the formula P = A(r/n) / [(1 + r/n)^nt - 1]

Here’s my issue: I am using a graphing calculator and have plugged in all of my numbers accordingly. I keep getting approx. $495 when I use the calculator. When I manually do the formula, I get $35.12. I know that the correct answer is $516, but what am I doing wrong?

Please spell it out for me in steps – I have my first exam on Wednesday and I have to pass.

THANKS for your help – I REALLY appreciate it.
Thanks, Christian. I forgot to add that I am supposed to round up to the nearest dollar. The original answer is $515 and some-odd cents before rounding.

]]> http://valueoffuturepayments.com/please-help-me-with-this-compounded-interest-problem/feed 0 the future value of ordinary annuity ; 8% interest compounded semi-annually for 11 years.? http://valueoffuturepayments.com/the-future-value-of-ordinary-annuity-8-interest-compounded-semi-annually-for-11-years http://valueoffuturepayments.com/the-future-value-of-ordinary-annuity-8-interest-compounded-semi-annually-for-11-years#comments Thu, 27 May 2010 05:40:02 +0000 Editor http://valueoffuturepayments.com/the-future-value-of-ordinary-annuity-8-interest-compounded-semi-annually-for-11-years sorry R=3700

]]> http://valueoffuturepayments.com/the-future-value-of-ordinary-annuity-8-interest-compounded-semi-annually-for-11-years/feed 1 if money is worth 5% compounded semi-annually, find the present value of a sequence? http://valueoffuturepayments.com/if-money-is-worth-5-compounded-semi-annually-find-the-present-value-of-a-sequence http://valueoffuturepayments.com/if-money-is-worth-5-compounded-semi-annually-find-the-present-value-of-a-sequence#comments Wed, 26 May 2010 23:39:08 +0000 Editor http://valueoffuturepayments.com/if-money-is-worth-5-compounded-semi-annually-find-the-present-value-of-a-sequence of 12 semi annual payment of 500 each, the first is due at the end of 4.5 years.
how to calculate this or solve this in the calculator.

]]> http://valueoffuturepayments.com/if-money-is-worth-5-compounded-semi-annually-find-the-present-value-of-a-sequence/feed 2 7. What would be the amount of compound interest on 8,000 inversted for two years at 12%, compounded semiannua? http://valueoffuturepayments.com/7-what-would-be-the-amount-of-compound-interest-on-8000-inversted-for-two-years-at-12-compounded-semiannua http://valueoffuturepayments.com/7-what-would-be-the-amount-of-compound-interest-on-8000-inversted-for-two-years-at-12-compounded-semiannua#comments Sat, 22 May 2010 15:39:06 +0000 Editor http://valueoffuturepayments.com/7-what-would-be-the-amount-of-compound-interest-on-8000-inversted-for-two-years-at-12-compounded-semiannua 7. What would be the amount of compound interest on 8,000 inversted for two years at 12%, compounded semiannually? Round your answer to the nearest dollar.

8. What is the future value of an ordinary annuity of $23,000 per year, for three years, at 10% interest compounded annually?

9. A family recently purchased a home, taking out a morgage of $90,000 at 8 1/4% for 20 years. The annual property taxes on the home are $1,980, nad the annual hazard insurance premium is $636. What is the monthly PITI payment of their loan?

10. What is the total amount of tax due on a property with an assessed valus of $109,400? The property tax rate is 35.4 mills.

]]> http://valueoffuturepayments.com/7-what-would-be-the-amount-of-compound-interest-on-8000-inversted-for-two-years-at-12-compounded-semiannua/feed 2 What is the future value of $3000 dollars at 5% compounded semiannual interest for 7 years? http://valueoffuturepayments.com/what-is-the-future-value-of-3000-dollars-at-5-compounded-semiannual-interest-for-7-years http://valueoffuturepayments.com/what-is-the-future-value-of-3000-dollars-at-5-compounded-semiannual-interest-for-7-years#comments Sat, 15 May 2010 14:39:17 +0000 Editor http://valueoffuturepayments.com/what-is-the-future-value-of-3000-dollars-at-5-compounded-semiannual-interest-for-7-years Its a tricky one.

Principal of 3000 dollars, compounded interest SEMIannually at 5% for 7 years.

Also if you could show me the method you used to find out the value of 3000 dollars in 7 years that would be great. Thanks!

]]> http://valueoffuturepayments.com/what-is-the-future-value-of-3000-dollars-at-5-compounded-semiannual-interest-for-7-years/feed 2 How do I calculate the future value of $5,000 compounded quarterly at 6% for 5 years? http://valueoffuturepayments.com/how-do-i-calculate-the-future-value-of-5000-compounded-quarterly-at-6-for-5-years http://valueoffuturepayments.com/how-do-i-calculate-the-future-value-of-5000-compounded-quarterly-at-6-for-5-years#comments Sun, 09 May 2010 16:39:32 +0000 Editor http://valueoffuturepayments.com/how-do-i-calculate-the-future-value-of-5000-compounded-quarterly-at-6-for-5-years My answer does not match what my instructor’s answer was and I have been unable to get a response from my instructor on how she got her answer. This homework has already been graded and I would just like to see if there is someone else who was able to get either her answer or my answer so I can learn from my mistake.

]]> http://valueoffuturepayments.com/how-do-i-calculate-the-future-value-of-5000-compounded-quarterly-at-6-for-5-years/feed 2 What is the future value of a ordianry annuity of $12000 per year,for 3 years,at 9% interest compounded yearly http://valueoffuturepayments.com/what-is-the-future-value-of-a-ordianry-annuity-of-12000-per-yearfor-3-yearsat-9-interest-compounded-yearly http://valueoffuturepayments.com/what-is-the-future-value-of-a-ordianry-annuity-of-12000-per-yearfor-3-yearsat-9-interest-compounded-yearly#comments Sun, 09 May 2010 05:39:22 +0000 Editor http://valueoffuturepayments.com/what-is-the-future-value-of-a-ordianry-annuity-of-12000-per-yearfor-3-yearsat-9-interest-compounded-yearly A. $39,337.20
B. $39,240.00
C. $36,000.00
D. $14,442.75

]]> http://valueoffuturepayments.com/what-is-the-future-value-of-a-ordianry-annuity-of-12000-per-yearfor-3-yearsat-9-interest-compounded-yearly/feed 1 Find the future value of an annuity if you invest $1,550 annually for 5 years at 11.5% compounded annually.? http://valueoffuturepayments.com/find-the-future-value-of-an-annuity-if-you-invest-1550-annually-for-5-years-at-11-5-compounded-annually http://valueoffuturepayments.com/find-the-future-value-of-an-annuity-if-you-invest-1550-annually-for-5-years-at-11-5-compounded-annually#comments Sat, 01 May 2010 23:40:21 +0000 Editor http://valueoffuturepayments.com/find-the-future-value-of-an-annuity-if-you-invest-1550-annually-for-5-years-at-11-5-compounded-annually Find the future value of an annuity if you invest $1,550 annually for 5 years at 11.5% compounded annually.? is it $9,800.05 , $9,729.30, $9,849.67, or $9,749.55

]]> http://valueoffuturepayments.com/find-the-future-value-of-an-annuity-if-you-invest-1550-annually-for-5-years-at-11-5-compounded-annually/feed 1 A 6 month certificate of deposit of $4000 that pays 6% compounded monthly. What is the future value at the? http://valueoffuturepayments.com/a-6-month-certificate-of-deposit-of-4000-that-pays-6-compounded-monthly-what-is-the-future-value-at-the http://valueoffuturepayments.com/a-6-month-certificate-of-deposit-of-4000-that-pays-6-compounded-monthly-what-is-the-future-value-at-the#comments Fri, 30 Apr 2010 04:39:04 +0000 Editor http://valueoffuturepayments.com/a-6-month-certificate-of-deposit-of-4000-that-pays-6-compounded-monthly-what-is-the-future-value-at-the A 6 month certificate of deposit of $4000 that pays 6% compounded monthly. What is the future value at the end of investment? How much interest would be invested at the end of the period? What would be the effective rate?”

]]> http://valueoffuturepayments.com/a-6-month-certificate-of-deposit-of-4000-that-pays-6-compounded-monthly-what-is-the-future-value-at-the/feed 1 What is the future value of an ordinary annuity of $12k per yr, for 3 years, at 9% interest compounded anual? http://valueoffuturepayments.com/what-is-the-future-value-of-an-ordinary-annuity-of-12k-per-yr-for-3-years-at-9-interest-compounded-anual http://valueoffuturepayments.com/what-is-the-future-value-of-an-ordinary-annuity-of-12k-per-yr-for-3-years-at-9-interest-compounded-anual#comments Wed, 28 Apr 2010 05:41:20 +0000 Editor http://valueoffuturepayments.com/what-is-the-future-value-of-an-ordinary-annuity-of-12k-per-yr-for-3-years-at-9-interest-compounded-anual Mathematics for business and finance

]]> http://valueoffuturepayments.com/what-is-the-future-value-of-an-ordinary-annuity-of-12k-per-yr-for-3-years-at-9-interest-compounded-anual/feed 2 How much money must be deposited now, at 6% interest, compounded semiannually, to yield an annuity payment of? http://valueoffuturepayments.com/how-much-money-must-be-deposited-now-at-6-interest-compounded-semiannually-to-yield-an-annuity-payment-of http://valueoffuturepayments.com/how-much-money-must-be-deposited-now-at-6-interest-compounded-semiannually-to-yield-an-annuity-payment-of#comments Mon, 26 Apr 2010 05:39:48 +0000 Editor http://valueoffuturepayments.com/how-much-money-must-be-deposited-now-at-6-interest-compounded-semiannually-to-yield-an-annuity-payment-of How much money must be deposited now, at 6% interest, compounded semiannually, to yield an annuity payment of $4,000 at the end of each six- month period, for a total of five years?

]]> http://valueoffuturepayments.com/how-much-money-must-be-deposited-now-at-6-interest-compounded-semiannually-to-yield-an-annuity-payment-of/feed 2 What is the future value if $3,200 is invested for 5 years at 17 % compounded quarterly? http://valueoffuturepayments.com/what-is-the-future-value-if-3200-is-invested-for-5-years-at-17-compounded-quarterly http://valueoffuturepayments.com/what-is-the-future-value-if-3200-is-invested-for-5-years-at-17-compounded-quarterly#comments Sun, 25 Apr 2010 13:39:30 +0000 Editor http://valueoffuturepayments.com/what-is-the-future-value-if-3200-is-invested-for-5-years-at-17-compounded-quarterly What is the future value if $3,200 is invested for 5 years at 17 % compounded quarterly?

thanks

]]> http://valueoffuturepayments.com/what-is-the-future-value-if-3200-is-invested-for-5-years-at-17-compounded-quarterly/feed 1 How to calculate the future value compounded weekly? http://valueoffuturepayments.com/how-to-calculate-the-future-value-compounded-weekly http://valueoffuturepayments.com/how-to-calculate-the-future-value-compounded-weekly#comments Tue, 20 Apr 2010 22:41:13 +0000 Editor http://valueoffuturepayments.com/how-to-calculate-the-future-value-compounded-weekly Find the amount (future value) of an ordinary annuity of $120 per week for 6.5 years at 8.3% per year compounded weekly. (Round your answer to the nearest cent.)

I tried this problem a few times, but I just can’t seem to get the right answer.
=$53709.98

(I need help to setting up the problem).

]]> http://valueoffuturepayments.com/how-to-calculate-the-future-value-compounded-weekly/feed 1 How do you calculate the future value of an ordinary annuity compounded semiannually? http://valueoffuturepayments.com/how-do-you-calculate-the-future-value-of-an-ordinary-annuity-compounded-semiannually http://valueoffuturepayments.com/how-do-you-calculate-the-future-value-of-an-ordinary-annuity-compounded-semiannually#comments Mon, 19 Apr 2010 05:40:14 +0000 Editor http://valueoffuturepayments.com/how-do-you-calculate-the-future-value-of-an-ordinary-annuity-compounded-semiannually
  • the future value of ordinary annuity ; 8% interest compounded semi-annually for 11 years.?
  • What is the future value of an ordinary annuity of $12k per yr, for 3 years, at 9% interest compounded anual?
  • what is the formula for future value of an ordinary annuity with interest compounded continuously?
  • Find the future value of each ordinary annuity, if payments are made and interest is compounded as given?
    • ]]>     http://valueoffuturepayments.com/how-do-you-calculate-the-future-value-of-an-ordinary-annuity-compounded-semiannually/feed 2     what is the formula for future value of an ordinary annuity with interest compounded continuously? http://valueoffuturepayments.com/what-is-the-formula-for-future-value-of-an-ordinary-annuity-with-interest-compounded-continuously http://valueoffuturepayments.com/what-is-the-formula-for-future-value-of-an-ordinary-annuity-with-interest-compounded-continuously#comments Tue, 16 Mar 2010 17:42:34 +0000 Editor http://valueoffuturepayments.com/what-is-the-formula-for-future-value-of-an-ordinary-annuity-with-interest-compounded-continuously A bank pays 10% interest compounded continuously.
    what is the future value of a 5 year ordinary annuity with payments of 2000 each?

    ]]>     http://valueoffuturepayments.com/what-is-the-formula-for-future-value-of-an-ordinary-annuity-with-interest-compounded-continuously/feed 2     Find the future value of each ordinary annuity, if payments are made and interest is compounded as given? http://valueoffuturepayments.com/find-the-future-value-of-each-ordinary-annuity-if-payments-are-made-and-interest-is-compounded-as-given http://valueoffuturepayments.com/find-the-future-value-of-each-ordinary-annuity-if-payments-are-made-and-interest-is-compounded-as-given#comments Tue, 16 Mar 2010 05:36:25 +0000 Editor http://valueoffuturepayments.com/find-the-future-value-of-each-ordinary-annuity-if-payments-are-made-and-interest-is-compounded-as-given R=4600; 8.73% interest compounded quarterly for 9 years

    ]]>     http://valueoffuturepayments.com/find-the-future-value-of-each-ordinary-annuity-if-payments-are-made-and-interest-is-compounded-as-given/feed 2