Value of Future Payments » interest http://valueoffuturepayments.com Future Payments Value Advice Thu, 29 Jul 2010 21:39:05 +0000 http://wordpress.org/?v=2.9.2 en hourly 1 some of the effects of using compound interest? http://valueoffuturepayments.com/some-of-the-effects-of-using-compound-interest http://valueoffuturepayments.com/some-of-the-effects-of-using-compound-interest#comments Sun, 04 Jul 2010 00:39:15 +0000 Editor http://valueoffuturepayments.com/some-of-the-effects-of-using-compound-interest What are some of the effects of using compound interest when evaluating future value transactions and calculations

]]> http://valueoffuturepayments.com/some-of-the-effects-of-using-compound-interest/feed 2 Is there a way to program the exponential growth formula, compound interest formula, and etc, into a TI83 plus? http://valueoffuturepayments.com/is-there-a-way-to-program-the-exponential-growth-formula-compound-interest-formula-and-etc-into-a-ti83-plus http://valueoffuturepayments.com/is-there-a-way-to-program-the-exponential-growth-formula-compound-interest-formula-and-etc-into-a-ti83-plus#comments Tue, 15 Jun 2010 13:41:06 +0000 Editor http://valueoffuturepayments.com/is-there-a-way-to-program-the-exponential-growth-formula-compound-interest-formula-and-etc-into-a-ti83-plus I just started using a TI83 plus and I am currently doing a lot of exponential functions and formulas like the exponential growth formula, compound interest formula, present value formula, and etc, and I was wondering if there is a way to program these in for quick reference? (So I don’t have to keep looking up the formula’s, its a lot to remember!)
Thanks for any tips on this!

]]> http://valueoffuturepayments.com/is-there-a-way-to-program-the-exponential-growth-formula-compound-interest-formula-and-etc-into-a-ti83-plus/feed 1 Accounting: I am STUMPED by this interest calculation. HELP!? http://valueoffuturepayments.com/accounting-i-am-stumped-by-this-interest-calculation-help http://valueoffuturepayments.com/accounting-i-am-stumped-by-this-interest-calculation-help#comments Tue, 15 Jun 2010 03:41:18 +0000 Editor http://valueoffuturepayments.com/accounting-i-am-stumped-by-this-interest-calculation-help What is the future value of equal semi-annual payments of $9,000 at 14% compounded semi-annually for 3 years:
a.$91,039
b.$54,380
c.$40,001
d.$64,380

]]> http://valueoffuturepayments.com/accounting-i-am-stumped-by-this-interest-calculation-help/feed 1 what is the future value of a 5year ordinary annuity that promises to pay $300 each year. Interest rate 7%? http://valueoffuturepayments.com/what-is-the-future-value-of-a-5year-ordinary-annuity-that-promises-to-pay-300-each-year-interest-rate-7 http://valueoffuturepayments.com/what-is-the-future-value-of-a-5year-ordinary-annuity-that-promises-to-pay-300-each-year-interest-rate-7#comments Sun, 06 Jun 2010 05:39:37 +0000 Editor http://valueoffuturepayments.com/what-is-the-future-value-of-a-5year-ordinary-annuity-that-promises-to-pay-300-each-year-interest-rate-7 No I won’t be spending the money. What value after 5 years

]]> http://valueoffuturepayments.com/what-is-the-future-value-of-a-5year-ordinary-annuity-that-promises-to-pay-300-each-year-interest-rate-7/feed 1 The interest rate is 8 percent. What is the future value? http://valueoffuturepayments.com/the-interest-rate-is-8-percent-what-is-the-future-value http://valueoffuturepayments.com/the-interest-rate-is-8-percent-what-is-the-future-value#comments Fri, 04 Jun 2010 15:39:13 +0000 Editor http://valueoffuturepayments.com/the-interest-rate-is-8-percent-what-is-the-future-value Pedro Gonzalez will invest $5,000 at the beginning of each year for the next 9 years. The interest rate is 8 percent. What is the future value?
A. $58,471.
B. $62,440.
C. $67,435.
D. $72,435.

]]> http://valueoffuturepayments.com/the-interest-rate-is-8-percent-what-is-the-future-value/feed 1 Use the compound interest formula to find the present value P, for the following given values? http://valueoffuturepayments.com/use-the-compound-interest-formula-to-find-the-present-value-p-for-the-following-given-values http://valueoffuturepayments.com/use-the-compound-interest-formula-to-find-the-present-value-p-for-the-following-given-values#comments Wed, 02 Jun 2010 21:39:39 +0000 Editor http://valueoffuturepayments.com/use-the-compound-interest-formula-to-find-the-present-value-p-for-the-following-given-values A = $11,800
i = 0.067
n = 108 (round to the nearest cent)

]]> http://valueoffuturepayments.com/use-the-compound-interest-formula-to-find-the-present-value-p-for-the-following-given-values/feed 2 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 Can you avoid paying interest on your credit card if you pay it off in full before the min. payment is due? http://valueoffuturepayments.com/can-you-avoid-paying-interest-on-your-credit-card-if-you-pay-it-off-in-full-before-the-min-payment-is-due http://valueoffuturepayments.com/can-you-avoid-paying-interest-on-your-credit-card-if-you-pay-it-off-in-full-before-the-min-payment-is-due#comments Sat, 29 May 2010 11:41:12 +0000 Editor http://valueoffuturepayments.com/can-you-avoid-paying-interest-on-your-credit-card-if-you-pay-it-off-in-full-before-the-min-payment-is-due It seems that I have heard some people say that they use their credit card and pay it off in full before the due date and they believe they pay absolutely no interest. Is this true? It seems to me that if you used a credit card and had an outstanding balance for say 20 days before the payment was due, you would have interest calculated on 20/360 days times rate times principle. Thanks.

]]> http://valueoffuturepayments.com/can-you-avoid-paying-interest-on-your-credit-card-if-you-pay-it-off-in-full-before-the-min-payment-is-due/feed 7 What monthly payment is needed to make an ordinary annuity obtain $200,000 in 30 years at 9.75% interest? http://valueoffuturepayments.com/what-monthly-payment-is-needed-to-make-an-ordinary-annuity-obtain-200000-in-30-years-at-9-75-interest http://valueoffuturepayments.com/what-monthly-payment-is-needed-to-make-an-ordinary-annuity-obtain-200000-in-30-years-at-9-75-interest#comments Fri, 28 May 2010 17:39:26 +0000 Editor http://valueoffuturepayments.com/what-monthly-payment-is-needed-to-make-an-ordinary-annuity-obtain-200000-in-30-years-at-9-75-interest What monthly payment is needed to make an ordinary annuity obtain $200,000 in 30 years at 9.75% interest?

]]> http://valueoffuturepayments.com/what-monthly-payment-is-needed-to-make-an-ordinary-annuity-obtain-200000-in-30-years-at-9-75-interest/feed 5 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 I lent $1,200 for 2 months at 5% annual simple interest. What is the future value of this loan? http://valueoffuturepayments.com/i-lent-1200-for-2-months-at-5-annual-simple-interest-what-is-the-future-value-of-this-loan http://valueoffuturepayments.com/i-lent-1200-for-2-months-at-5-annual-simple-interest-what-is-the-future-value-of-this-loan#comments Mon, 24 May 2010 20:39:52 +0000 Editor http://valueoffuturepayments.com/i-lent-1200-for-2-months-at-5-annual-simple-interest-what-is-the-future-value-of-this-loan I lent $1,200 for 2 months at 5% annual simple interest. What is the future value of this loan?
thanks

]]> http://valueoffuturepayments.com/i-lent-1200-for-2-months-at-5-annual-simple-interest-what-is-the-future-value-of-this-loan/feed 1 Write a method using Java code that computes future investment value at a given interest rate for a specified? http://valueoffuturepayments.com/write-a-method-using-java-code-that-computes-future-investment-value-at-a-given-interest-rate-for-a-specified http://valueoffuturepayments.com/write-a-method-using-java-code-that-computes-future-investment-value-at-a-given-interest-rate-for-a-specified#comments Sun, 23 May 2010 07:39:02 +0000 Editor http://valueoffuturepayments.com/write-a-method-using-java-code-that-computes-future-investment-value-at-a-given-interest-rate-for-a-specified number of years. Use the following method header
public static double futureInvestmentValue(double invesmentAmount, double monthlyInterestRate, int years)

The program should prompt the user to enter the investment amount the interest rate, and print future values for the years 1 to 30

]]> http://valueoffuturepayments.com/write-a-method-using-java-code-that-computes-future-investment-value-at-a-given-interest-rate-for-a-specified/feed 1 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’s the formula to calculate the future value of a mortgage given current value, repayments, interest rate? http://valueoffuturepayments.com/whats-the-formula-to-calculate-the-future-value-of-a-mortgage-given-current-value-repayments-interest-rate http://valueoffuturepayments.com/whats-the-formula-to-calculate-the-future-value-of-a-mortgage-given-current-value-repayments-interest-rate#comments Thu, 20 May 2010 06:39:49 +0000 Editor http://valueoffuturepayments.com/whats-the-formula-to-calculate-the-future-value-of-a-mortgage-given-current-value-repayments-interest-rate
  • Calculate the future value of a deposit of $5,000 compounded annually at an interest rate of 6% over 23 years?
  • Write a method using Java code that computes future investment value at a given interest rate for a specified?
  • How to compute a future value if the given is only the interest rate, periods per year and the present value?
  • The relationship between the present value of a given payment in the future and the interest rate is an exampl
    • ]]>     http://valueoffuturepayments.com/whats-the-formula-to-calculate-the-future-value-of-a-mortgage-given-current-value-repayments-interest-rate/feed 1     Which choice has the greater present value if all banks pay 5% interest now and into the future? http://valueoffuturepayments.com/which-choice-has-the-greater-present-value-if-all-banks-pay-5-interest-now-and-into-the-future http://valueoffuturepayments.com/which-choice-has-the-greater-present-value-if-all-banks-pay-5-interest-now-and-into-the-future#comments Tue, 18 May 2010 12:36:32 +0000 Editor http://valueoffuturepayments.com/which-choice-has-the-greater-present-value-if-all-banks-pay-5-interest-now-and-into-the-future You win a lottery. You have the choice of two ways to be paid. If you pick Payout Scheme X, you get $2,750 today. If you pick Payout Scheme Y, you get three payments: $1,000 today, $1,000 one year from today, and $1,000 two years from today.

    A. Payout Scheme Y has the greater present value.

    B. Payout Scheme X and Payout Scheme Y have equal present value.

    C. Payout Scheme X has the greater present value.

    ]]>     http://valueoffuturepayments.com/which-choice-has-the-greater-present-value-if-all-banks-pay-5-interest-now-and-into-the-future/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     Which choice has the greater present value if all banks pay 10% interest per year now and in the future? http://valueoffuturepayments.com/which-choice-has-the-greater-present-value-if-all-banks-pay-10-interest-per-year-now-and-in-the-future http://valueoffuturepayments.com/which-choice-has-the-greater-present-value-if-all-banks-pay-10-interest-per-year-now-and-in-the-future#comments Sat, 15 May 2010 06:36:03 +0000 Editor http://valueoffuturepayments.com/which-choice-has-the-greater-present-value-if-all-banks-pay-10-interest-per-year-now-and-in-the-future You win a lottery. You have the choice of two ways to be paid. If you pick Payout Scheme X, you get $2,750 today. If you pick Payout Scheme Y, you get three payments: $1,000 today, $1,000 one year from today, and $1,000 two years from today.

    A. Payout Scheme X has the greater present value.

    B. Payout Scheme Y has the greater present value.

    C. Payout Scheme X and Payout Scheme Y have equal present value.

    ]]>     http://valueoffuturepayments.com/which-choice-has-the-greater-present-value-if-all-banks-pay-10-interest-per-year-now-and-in-the-future/feed 2     What is the future value of an ordinary annuity of $23,000 per year, for three years, at 10% interest compound? http://valueoffuturepayments.com/what-is-the-future-value-of-an-ordinary-annuity-of-23000-per-year-for-three-years-at-10-interest-compound http://valueoffuturepayments.com/what-is-the-future-value-of-an-ordinary-annuity-of-23000-per-year-for-three-years-at-10-interest-compound#comments Sat, 15 May 2010 05:40:03 +0000 Editor http://valueoffuturepayments.com/what-is-the-future-value-of-an-ordinary-annuity-of-23000-per-year-for-three-years-at-10-interest-compound “DAILY”

    ]]>     http://valueoffuturepayments.com/what-is-the-future-value-of-an-ordinary-annuity-of-23000-per-year-for-three-years-at-10-interest-compound/feed 1     How do I calculate simple interest with a BA II Plus? http://valueoffuturepayments.com/how-do-i-calculate-simple-interest-with-a-ba-ii-plus http://valueoffuturepayments.com/how-do-i-calculate-simple-interest-with-a-ba-ii-plus#comments Fri, 14 May 2010 05:40:10 +0000 Editor http://valueoffuturepayments.com/how-do-i-calculate-simple-interest-with-a-ba-ii-plus The Professor gave us this example and the answer is $13.80

    Future value of $10 deposit earning simple rate of interest of 7.6% per year at the end of the 5th year. When I do the calculations using time value of money in a BA II Plus, I get a 14.42.

    I only get the right answer if I multiply 10.00 by 0.076, then multiply that by 5 years and finally add 10.00.

    I have checked the payments per year setting and it is in 1.

    ]]>     http://valueoffuturepayments.com/how-do-i-calculate-simple-interest-with-a-ba-ii-plus/feed 1     How to find the interest between present and future value? http://valueoffuturepayments.com/how-to-find-the-interest-between-present-and-future-value http://valueoffuturepayments.com/how-to-find-the-interest-between-present-and-future-value#comments Wed, 12 May 2010 12:40:21 +0000 Editor http://valueoffuturepayments.com/how-to-find-the-interest-between-present-and-future-value Present Value
    $400

    Years
    11

    Future Value
    $684

    ]]>     http://valueoffuturepayments.com/how-to-find-the-interest-between-present-and-future-value/feed 1     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     Can a bill collector forgive interest on a debt without my receiving a 1099 form for taxes in the future? http://valueoffuturepayments.com/can-a-bill-collector-forgive-interest-on-a-debt-without-my-receiving-a-1099-form-for-taxes-in-the-future http://valueoffuturepayments.com/can-a-bill-collector-forgive-interest-on-a-debt-without-my-receiving-a-1099-form-for-taxes-in-the-future#comments Fri, 07 May 2010 16:36:50 +0000 Editor http://valueoffuturepayments.com/can-a-bill-collector-forgive-interest-on-a-debt-without-my-receiving-a-1099-form-for-taxes-in-the-future A few people online have stated that if a bill collector agrees to forgive the interest on a loan, and only requires that I pay monthly on the principal debt, I will eventually receive a 1099 form for the amount over $600. However, the collector says since I am paying off the original amount due(principal), minus the interest and late fees, I will not receive a 1099 form since they are willing to settle for payment on the principal. Is this possible for a collector to do? Or is this a trick, and I’ll receive a 1099 form eventually? I will be making low monthly payments on the debt for the next few years and I’m currently on a fixed income without valuable assets.

    ]]>     http://valueoffuturepayments.com/can-a-bill-collector-forgive-interest-on-a-debt-without-my-receiving-a-1099-form-for-taxes-in-the-future/feed 3     What is the future value of an annual ordinary annuity of $2,000 for twenty years at 6% annual interest? http://valueoffuturepayments.com/what-is-the-future-value-of-an-annual-ordinary-annuity-of-2000-for-twenty-years-at-6-annual-interest http://valueoffuturepayments.com/what-is-the-future-value-of-an-annual-ordinary-annuity-of-2000-for-twenty-years-at-6-annual-interest#comments Fri, 07 May 2010 14:39:27 +0000 Editor http://valueoffuturepayments.com/what-is-the-future-value-of-an-annual-ordinary-annuity-of-2000-for-twenty-years-at-6-annual-interest
  • the future value of ordinary annuity ; 8% interest compounded semi-annually for 11 years.?
  • What is the future value of an ordinary annuity of $23,000 per year, for three years, at 10% interest compound?
  • What is the future value of an ordinary annuity of 23000.00 per year for three years at 10% interest?
  • 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-annual-ordinary-annuity-of-2000-for-twenty-years-at-6-annual-interest/feed 3     How to compute a future value if the given is only the interest rate, periods per year and the present value? http://valueoffuturepayments.com/how-to-compute-a-future-value-if-the-given-is-only-the-interest-rate-periods-per-year-and-the-present-value http://valueoffuturepayments.com/how-to-compute-a-future-value-if-the-given-is-only-the-interest-rate-periods-per-year-and-the-present-value#comments Thu, 06 May 2010 14:35:53 +0000 Editor http://valueoffuturepayments.com/how-to-compute-a-future-value-if-the-given-is-only-the-interest-rate-periods-per-year-and-the-present-value How to compute the payments per period?

    ]]>     http://valueoffuturepayments.com/how-to-compute-a-future-value-if-the-given-is-only-the-interest-rate-periods-per-year-and-the-present-value/feed 2     As the interest rate increases, the interest factor (IF) for the present value of $1 increases. ? http://valueoffuturepayments.com/as-the-interest-rate-increases-the-interest-factor-if-for-the-present-value-of-1-increases http://valueoffuturepayments.com/as-the-interest-rate-increases-the-interest-factor-if-for-the-present-value-of-1-increases#comments Thu, 06 May 2010 03:40:09 +0000 Editor http://valueoffuturepayments.com/as-the-interest-rate-increases-the-interest-factor-if-for-the-present-value-of-1-increases As the interest rate increases, the interest factor (IF) for the present value of $1 increases.
    a)False
    b) True

    ]]>     http://valueoffuturepayments.com/as-the-interest-rate-increases-the-interest-factor-if-for-the-present-value-of-1-increases/feed 1     Lidia deposits $900.00 at the end of each year for 9 years in a savings account. The account pays 8% interest? http://valueoffuturepayments.com/lidia-deposits-900-00-at-the-end-of-each-year-for-9-years-in-a-savings-account-the-account-pays-8-interest http://valueoffuturepayments.com/lidia-deposits-900-00-at-the-end-of-each-year-for-9-years-in-a-savings-account-the-account-pays-8-interest#comments Wed, 05 May 2010 02:40:49 +0000 Editor http://valueoffuturepayments.com/lidia-deposits-900-00-at-the-end-of-each-year-for-9-years-in-a-savings-account-the-account-pays-8-interest compounded semiannually, Lidia calculates that the future value of the ordinary annuity is $11,238.80. What would be the future value if deposits are made at the beginning of each period rather than the end?

    ]]>     http://valueoffuturepayments.com/lidia-deposits-900-00-at-the-end-of-each-year-for-9-years-in-a-savings-account-the-account-pays-8-interest/feed 1     COMPOUND INTEREST FORMULA FOR FUTURE VALUE? http://valueoffuturepayments.com/compound-interest-formula-for-future-value http://valueoffuturepayments.com/compound-interest-formula-for-future-value#comments Sun, 02 May 2010 17:39:48 +0000 Editor http://valueoffuturepayments.com/compound-interest-formula-for-future-value Use the compound interest formula to compute the future value of the investment.

    $ 15,000 at 8% compounded annually for 12 years.

    ]]>     http://valueoffuturepayments.com/compound-interest-formula-for-future-value/feed 2     What is the present value of an ordinary 12 year annuity that pays $1000 per year when the interest rate is? http://valueoffuturepayments.com/what-is-the-present-value-of-an-ordinary-12-year-annuity-that-pays-1000-per-year-when-the-interest-rate-is http://valueoffuturepayments.com/what-is-the-present-value-of-an-ordinary-12-year-annuity-that-pays-1000-per-year-when-the-interest-rate-is#comments Sat, 01 May 2010 23:54:49 +0000 Editor http://valueoffuturepayments.com/what-is-the-present-value-of-an-ordinary-12-year-annuity-that-pays-1000-per-year-when-the-interest-rate-is $7,942.70
    $7,576.30
    $7,500
    $7,761.20

    ]]>     http://valueoffuturepayments.com/what-is-the-present-value-of-an-ordinary-12-year-annuity-that-pays-1000-per-year-when-the-interest-rate-is/feed 1     If you deposit $900.00 at the END of each year for 9 years in a savings account. The account pays 8% interest? http://valueoffuturepayments.com/if-you-deposit-900-00-at-the-end-of-each-year-for-9-years-in-a-savings-account-the-account-pays-8-interest http://valueoffuturepayments.com/if-you-deposit-900-00-at-the-end-of-each-year-for-9-years-in-a-savings-account-the-account-pays-8-interest#comments Sat, 01 May 2010 23:40:20 +0000 Editor http://valueoffuturepayments.com/if-you-deposit-900-00-at-the-end-of-each-year-for-9-years-in-a-savings-account-the-account-pays-8-interest compounded semiannually. The calculated future value of the ordinary annuity $11,238.80. What would be the future value if deposits are made at the BEGINNING of each period rather than the END?

    ]]>     http://valueoffuturepayments.com/if-you-deposit-900-00-at-the-end-of-each-year-for-9-years-in-a-savings-account-the-account-pays-8-interest/feed 2