What amount of money invested today at 2.49% compounded semiannually will have an accumulated value of...

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What amount of money invested today at 2.49% compounded semiannually will have an accumulated value of $809,500 in 7 years from now. P/Y = PV = $ C/Y = PMT= $ N= FV = $ I/Y = % Vanessa initially borrowed $6,400 from RBC Bank at 3.64% compounded semi-annually. After 4 years she repaid $2,304, then 6 years after the $6,400 was initially borrowed she repaid $2,624. If she pays off the debt 11 years after the $6,400 was initially borrowed, how much should her final payment be to clear the debt completely? Round all answers to two decimal places if necessary. P/Y = PV = $ Amount owed after 4 years = $ P/Y = PV = $ C/Y = PMT = $ P/Y = PV = $ Amount owed after the first payment of $2,304 (enter a positive value): $ C/Y = Amount owed after 6 years = $ PMT= $ N= C/Y = FV = $ PMT = $ N = (enter a positive value) FV = $ I/Y = N= Amount owed after the second payment of $2,624 (enter a positive value): $ I/Y= (enter a positive value) FV = $ % I/Y = Final payment (after 11 years); (enter a positive value) $ % % On February 29, 2020 a sum of $35,200 was deposited into an account. What would be the future value of this sum of money on June 8,2023, if the interest rate is 3.6% compounded semiannually. Round the value for FV to two decimal places. P/Y = PV = $ C/Y = PMT = $ DBD = FV = $ days I/Y= % On June 8, 2023 the future value of a sum of money will be $63,300. What would be the present value of this sum of money on February 29, 2020, if the interest rate is 2.22% compounded quarterly. Round the value for PV to two decimal places. P/Y = PV = $ C/Y = PMT = $ DBD = FV = $ days I/Y= % What is the discounted value (present value), and compound discount (interest) of a debt of $55,600 due 3 years from now if interest is 3.91% compounded monthly? P/Y = PV = $ C/Y = PMT= $ Compound Discount = $ N= FV = $ I/Y = What amount of money invested today at 2.49% compounded semiannually will have an accumulated value of $809,500 in 7 years from now. P/Y = PV = $ C/Y = PMT= $ N= FV = $ I/Y = % Vanessa initially borrowed $6,400 from RBC Bank at 3.64% compounded semi-annually. After 4 years she repaid $2,304, then 6 years after the $6,400 was initially borrowed she repaid $2,624. If she pays off the debt 11 years after the $6,400 was initially borrowed, how much should her final payment be to clear the debt completely? Round all answers to two decimal places if necessary. P/Y = PV = $ Amount owed after 4 years = $ P/Y = PV = $ C/Y = PMT = $ P/Y = PV = $ Amount owed after the first payment of $2,304 (enter a positive value): $ C/Y = Amount owed after 6 years = $ PMT= $ N= C/Y = FV = $ PMT = $ N = (enter a positive value) FV = $ I/Y = N= Amount owed after the second payment of $2,624 (enter a positive value): $ I/Y= (enter a positive value) FV = $ % I/Y = Final payment (after 11 years); (enter a positive value) $ % % On February 29, 2020 a sum of $35,200 was deposited into an account. What would be the future value of this sum of money on June 8,2023, if the interest rate is 3.6% compounded semiannually. Round the value for FV to two decimal places. P/Y = PV = $ C/Y = PMT = $ DBD = FV = $ days I/Y= % On June 8, 2023 the future value of a sum of money will be $63,300. What would be the present value of this sum of money on February 29, 2020, if the interest rate is 2.22% compounded quarterly. Round the value for PV to two decimal places. P/Y = PV = $ C/Y = PMT = $ DBD = FV = $ days I/Y= % What is the discounted value (present value), and compound discount (interest) of a debt of $55,600 due 3 years from now if interest is 3.91% compounded monthly? P/Y = PV = $ C/Y = PMT= $ Compound Discount = $ N= FV = $ I/Y =

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Here are more detailed steps for the time value of money problems 1 We are given Future value FV 809... View the full answer