Question

In a corporation that recognizes interest at 12% per year, compounded every 4 months, a Person saves Q15,000 today, Q8,000 in 2 years and Q9,000 in 7 and a half years. Prepare the time-value graph and indicate how much money you will have saved if you withdraw it everything within 8 years? Step by Step

242

likes
1209 views

Answer to a math question In a corporation that recognizes interest at 12% per year, compounded every 4 months, a Person saves Q15,000 today, Q8,000 in 2 years and Q9,000 in 7 and a half years. Prepare the time-value graph and indicate how much money you will have saved if you withdraw it everything within 8 years? Step by Step

Expert avatar
Lurline
4.6
107 Answers
1. Determine el interés trimestral:

i = \frac{0.12}{3} = 0.04

2. Calcule el valor futuro del primer ahorro (Q15,000 hoy):

FV_{1} = 15000(1+0.04)^{24}

FV_{1} = 15000(1.04)^{24}

FV_{1} \approx 15000 \times 2.563

FV_{1} \approx 38445

3. Calcule el valor futuro del segundo ahorro (Q8,000 dentro de 2 años):

FV_{2} = 8000(1+0.04)^{18}

FV_{2} = 8000(1.04)^{18}

FV_{2} \approx 8000 \times 2.025

FV_{2} \approx 16200

4. Calcule el valor futuro del tercer ahorro (Q9,000 dentro de 7 años y medio):

FV_{3} = 9000(1+0.04)^{1.5}

FV_{3} = 9000(1.04)^{1.5}

FV_{3} \approx 9000 \times 1.061

FV_{3} \approx 9549

5. Sume todos los valores futuros:

FV = FV_{1} + FV_{2} + FV_{3}

FV \approx 38445 + 16200 + 9549

FV \approx 64194

Dinero total ahorrado en 8 años:

\approx Q64,194

Frequently asked questions (FAQs)
What is the standard deviation of the data set: 12, 18, 21, 14, 17, 19, 16, 20, 15, 13?
+
Math question: What is the value of sin^(-1)(1/2)?
+
Math question: What is the measure of an angle in a semicircle?
+
New questions in Mathematics
reduction method 2x-y=13 x+y=-1
a ferry travels 1/6 of the distance between two ports in 3/7 hour. The ferry travels at a constant rate. At this rate, what fraction of the distance between the two ports can the ferry travel in one hour.
-6(3x-4)=-6
A normally distributed population has a mean of 118 with a standard deviation of 18. What score separates the lowest 72% of the distribution from the rest of the scores?
Let X be a discrete random variable with range {1, 3, 5} and whose probability function is f(x) = P(X = x). If it is known that P(X = 1) = 0.1 and P(X = 3) = 0.3. What is the value of P(X = 5)?
Write 32/25 as a percent
90 divided by 40
Which of the following is the product of multiplying twenty-seven and twenty-five hundredths by nine and twenty-seven hundredths?
You have been hired to estimate the average weight of quarters in circulation. Based on the sample of quarters you collect (below), create a 90% confidence interval for the weight of quarters in circulation. Quarter Weights (grams) 5.631 5.714 5.719 5.689 5.551 5.723 5.705 5.627 5.627 5.715 5.576 5.632 5.641 5.676 5.660 5.699 5.609 5.634 5.713 5.591 5.674 5.675 5.684 5.694 5.655 5.632 5.598 5.675 5.628 5.562 5.636 5.583 5.567 5.551 5.649 5.708 5.696 5.614 5.637 5.601 5.628 5.711 5.566 5.653 5.653 5.597 5.687 5.717 5.678 5.654 5.556 5.707 5.563 5.628 5.679 5.714 5.555 5.719 5.634 5.647 5.717 5.612 5.705 5.657 5.670 5.607 5.687 5.666 5.612 5.718 5.714 5.713 5.663 5.641 5.589 5.656 5.712 5.639 5.577 5.580 5.674 5.636 5.625 5.597 5.616 5.591 5.616 5.700 5.706 5.695 5.562 5.699 5.607 5.573 5.659 5.632 5.654 5.568 5.628 5.687 5.605 5.689 5.687 5.554 5.618 5.701 5.681 5.645 5.714 5.665 5.661 5.634 5.714 5.586 5.656 5.673 5.657 5.717 5.611 5.578 5.579 5.614 5.644 5.724 5.647 5.566 5.697 5.558 5.586 5.586 5.611 5.573 5.573 5.709 5.629 5.649 5.552 5.615 5.645 5.611 5.686 5.588 5.641 5.704 5.703 5.696 5.557 5.551 5.725 5.608 5.725 5.603 5.677 5.638 5.573 5.640 5.561 5.631 5.563 5.671 5.662 5.569 5.648 5.680 5.681 5.551 5.555 5.578 5.701 5.645 5.670 5.574 5.594 5.705 5.633 5.719 5.680 5.647 5.641 5.553 5.616 5.698 5.552 5.566 5.559 5.697 5.686 5.560 5.629 5.701 5.622 5.615 5.553 5.608 5.637 5.663 5.696 5.714 5.675 5.613 5.594 5.669 5.569 5.716 5.705 5.603 5.709 5.717 5.606 5.581 5.575 5.601 5.600 5.664 5.715 5.705 5.583 5.586 5.592 5.550 5.628 5.662 5.603 5.559 5.676 5.558 5.678 5.671 5.642 5.581 5.568 5.706 5.665 5.712 5.574 5.602 5.699 5.716 5.693 5.711 5.635 5.612 BLANK #1: Is this a question involving mean or proportion? ***ANSWER "MEAN" OR "PROPORTION" (WITHOUT THE QUOTATION MARKS)*** BLANK #2: What is the LOW end of the estimate ***ANSWER TO 3 DECIMALS*** BLANK #3: What is the HIGH end of the estimate ***ANSWER TO 3 DECIMALS***
By direct proof, how can you prove that “The sum of any three consecutive even integers is always a multiple of 6”.
12(3+7)-5
Log5 625
During a fishing trip Alex notices that the height h of the tide (in metres) is given by h=1−(1/2)*cos(πt/6) where t is measued in hours from the start of the trip. (a) Enter the exact value of h at the start of the trip in the box below.
At the dance there are 150 boys the rest are girls. If 65% are girls what is the total amount in the room
Find the number of pounds of nails required for 17850 square feet of drywall if each thousand square feet requires 4.5 pounds of nails.
To find the increased amount on a standard term deposit with the following conditions: starting amount: BGN 13000, type of deposit: annual, annual compound interest rate: 1.4%, after 4 years;
draw the condensed formula fpr 3,3,4 triethylnonane
A small box measures 10 in. by 4 in. by 6 in. high. Find the volume of the box.
Mark is gluing a ribbon around the sides of a picture frame. The frame is 11 inches long and 7 includes wide. How much ribbon does Mark need?
An export company grants a bonus of $100,000 pesos to distribute among three of its best employees, so that the first receives double the second and the latter receives triple the third. How much did each person receive?