A persons annual salary starts out at $30,000. Find the formula for the persons salary t years later and find the salary after 5 years and 30 years in each case below:
a) each year the person recieves a raise of $2,000
b) Each year the person recieves a 5% raise
Posts Tagged ‘values’
How do I find a formula for future and present values?
04
Jul
Use the compound interest formula to find the present value P, for the following given values?
03
Jun
A = $11,800
i = 0.067
n = 108 (round to the nearest cent)
How to Calculate Annuity Values? HW Help?
07
May
You want to have $90,000 in your savings account 10 years from now, and you’re prepared to make equal annual deposits into the account at the end of each year. If the account pays 6.8 percent interest, you must deposit $ _______ each year.
Is there a faster way to calculate on a calculator?
thanks
We can calculate present values amd future values to the ten-thousandth of a percent with our financial cal?
30
Apr
We can calculate present va;ies amd future values to the ten-thousandth of a percent with our financial calculators. Should we? When might we want or Not want that kind of precision?
HELP Calculating Present and Future Values of money Financial Accounting!!?
23
Apr
A bond having a face value of $120,000 and a stated interest rate of 10%, payable annually, is sold when the market rate is 10%. What will be the cash proceeds??
I have no idea how to solve this please HELP!!
How to calculate annuity present values?? Answer= 10 points?
21
Apr
If one wants to borrow $55,000 from the local bank and can only afford to make monthly payments of $1,120 but no more. Assumming monthly compounding, what is the highest rate you can afford on a 60-month APR loan?
Any help will be much appreciated.. please show work as it will help me figure out how to calculate these type of problems…Thank You in advance
What is the formula for figuring out future values of annuities? I’ve forgotten!?
18
Apr
I’m trying to figure how much I would be able to save over a 15 year period using the power of compound interest.
Calculating Annuity Future Values?
13
Apr
You are planning to make annual deposits of $3,000 into a retirement account that pays 10 percent interest compounded monthly. If your first deposit will be made one year from now, How much is your retirement account will be worth in 30 years? Please show me how to work it out with 10% interest compounded monthly and 3000 per YEAR PMT
present value for annuity values on any date ?
31
Mar
find the present value to the nearest dollar on January 1 of an annuity which pays $2000 every six months for fiver years. The first payment is due on the next April 1 and the rate of interest is 9% convertible semiannually