Copyright
Question:
What is the future value of $800 at 8 percent after six years?
Future Value:
Future value is a concept discussed under the time value of money. It refers to the value of a dollar invested today but receivable on a future date. We can compute it for a single cash flow or multiple cash flows using the period and discounting rate.
Answer and Explanation:1
Become a Study.com member to unlock this answer!Createyouraccount
View this answer
The future value of $800 at 8 percent after six years equals $1,269.50.
The future value formula is defined below:
Future value = {eq}PV × (1...
See full answer below.
Become a member and unlock all StudyAnswers
Start today. Try it now
Create an account
Ask a question
Our experts can answer your tough homework and study questions.
Search Answers
Learn more about this topic:
Get access to this video and our entire Q&A library
Try it now
Future Value Definition Formula & Examples
from
Chapter 5/ Lesson 16
40K
Understand the definition of future value and the future value formula. Explore some examples that show how to calculate the future value of an investment.
Related to this Question
- What is the future value of $920 a year for 5 years at a 6 percent interest?
- What is the future value of $930 a year for 4 years at a 7 percent interest.
- What is the future value of $12,000 a year for 40 years at 11.5 percent interest?
- What is the future value of $920 a year for 6 years at a 5 percent interest?
- What is the future value factor at 5% for 10 years?
- What is the present value of $10,000 in 25 years at 6 percent?
- What is the present value of $1,000 in 50 years at 16 percent?
- What is the present value of $20,000 in 5 years at 10 percent?
- What is the present value of $9,000 in 7 years at 8 percent?
- The future value of $450 six years from now at 7 percent is?
- What is the future value of $100,000 at an interest of 18% for 24 years ?
- What is the future value of $910 a year for 6 years at a 6% interest?
- What is the future value of $3,400 every year for 6 years at a 9 percent rate of interest?
- What is the future value of $1,070 a year for 4 years at a 6 percent rate of interest? (a) $4,536.80 (b) $7,225.73 (c) $6,918.23 (d) $4,680.84 (e) $3,155.80
- What is the future value of $1,240 a year for 5 years at a 7 percent rate of interest? a.$9,868.19 b.$3,645.20 c. $9,566.19 d.$7,130.92 e. $6,634.00
- What is the future value of $623 a year for 9 years at a 7.17 percent rate of interest?
- What is the future value of $1,210 a year for 7 years at a 9 percent rate of interest? a. $11,132.53 b. $11,433.34 c. $11,694.20 d. $3,537.10 e. $9,232.30
- What is the future value of $1,080 a year for 7 years at a 9 percent rate of interest?
- What is the future value of $1,070 a year for 6 years at a 7 percent rate of interest?
- What is the future value of annual payments of $4,159 for 7 years at 6 percent?
- What is the present value of: a. $8,200 in 12 years at 8 percent? b. $18,500 in 7 years at 11 percent? c. $28,000 in 16 years at 9 percent?
- What is the future value of $10 invested at 10% at the end of 5 year?
- What is the future value of $10 invested at 10% at the end of 1 year ?
- What is the future value of $980 a year for 4 years at a 6 percent interest rate?
- What would be the future value of $15,555 invested now if it earns interest at 14.5 percent for seven years?
- What is the future value of $520 per year for 9 years compounded annually at 9%?
- What is the future value (FV) of $60,000 in five years, assuming the interest rate is 5% per year? (1 mark)
- What is the future value (FV) of $60,000 in five years, assuming the interest rate is 5% per year?
- What is the future value (FV) of $60,000 in eight years, assuming the interest rate is 6% per year? A. $39,000 B. $171,260 C. $154,134 D. $145,571
- What is the future value of $121,900 invested at 10 percent, compounded semi-annually for 25 years? a. $1,320,750 b. $1,331,366 c. $1,348,002 d. $1,351,919 e. $1,397,876
- What is the future value of $1,160 a year for 7 years at a 9% rate of interest?
- What is the future value of $2,400 a year for three years at an 8% rate of interest? a. $6,185.03 b. $6,847.26 c. $$7,134.16 d. $7,791.36 e. $8,414.67
- What is the future value of $1,140 a year for 5 years at a 7% rate of interest? a. $3,352.20 b. $8,790.65 c. $6,555.84 d. $6,099.00 e. $9,072.65
- What is the future value of $550 invested for 5 years at 15 percent compounded annually?
- What is the future value of $1,500 invested for 12 years at 7.25% compounded continuously?
- What is the future value of $5,000 invested for 6 years at 8% compounded continuously?
- What is the future value of $17,750 invested for 28 years at 8.5% compounded annually? A. $174,274 B. $539,245 C. $355,000 D. $254,750
- What is the future value of $3.028 invested for 12 years at 5.50% compounded annually?
- What is the future value of $3,196 invested for 12 years at 6.50% compounded annually?
- What is the future value of $1,500 invested for 9 years at 7.25% compounded continuously?
- What is the future value of $5,700 invested for 18 years at 9% compounded annually? a. $26,397.74 b. $26,887.59 c. $28,511.15 d. $27,513.06 e. $27,520.22
- What is the future value of $1,500 invested for 3 years at 7.25% compounded continuously?
- What is the future value of $1,500 invested for 6 years at 7.25% compounded continuously?
- What is the future value of $5,000 invested for 6 years at 8% compounded monthly?
- What is the future value of $3, 184 invested for 12 years at 5.50% compounded annually?
- What is the future value of $5,000 invested for 6 years at 8% compounded annually?
- What is the future value of $500 a year for 10 years compounded annually at 5%?
- What is the future value of $7,189 invested for 23 years at 9.25 percent compounded annually?
- What is the future value of $650 invested for 15 years at 14 percent compounded annually?
- What is the future value of $3,418 invested for 15 years at 7 percent compounded continuously?
- What is the future value of $3,018 invested for 8 years at 5.4 percent compounded annually? a. $3,724.62 b. $4,596.68 c. $7,001.14 d. $6,855.47 e. $3,734.93
- What is the future value of $11,600 invested for 17 years at 7.25 percent compounded annually? A. $27,890.87 B. $32,483.60 C. $41,009.13 D. $38,991.07 E. $38,125.20
- What is the future value of $3,418 invested for 15 years at 7 percent compounded monthly?
- What is the future value of $750 invested for 25 years at 8.25 percent compounded annually?
- What is the future value of $11,800 invested for 18 years at 6.75 percent compounded annually?
- What is the future value of $3,418 invested for 10 years at 7 percent compounded annually?
- What is the future value of $3,148 invested for 9 years at 6.50 percent compounded annually? a) $5,564.43 b) $5,548.57 c) $1,719.25 d) $5,215.66 e) $5,532.71
- What is the future value of $3,418 invested for 5 years at 7 percent compounded annually?
- What is the future value of $3,418 invested for 15 years at 7 percent compounded annually?
- What is the future value of $3,028 invested for 12 years at 5.50 percent compounded annually?
- What is the future value of $7,700 invested for 16 years at 7 percent compounded annually? A. $16,324.00 B. $22,731.66 C. $28,511.15 D. $29,513.06 E. $37,520.22
- What is the future value of $3,098 invested for 9 years at 6.2 percent compounded annually? A. $5,323.56 B. $4,077.64 C. $8,871.12 D. $9,147.93 E. $4,061.08
- What is the future value of $20,806 invested today for 2 years at 15.33 percent, compounded monthly?
- What is the present value of $27,500 in 12 years at 11%?
- What is the present value of $8,700 in 9 years at 7%?
- What is the present value of $17,800 in 4 years at 8%?
- What is the future value of $4,000 in 5 years if it is invested at an interest rate of 6%? a. $5,300 b. $5,563 c. $5,353 d. $6,214 e. $6,431
- What is the future value of $4,000 in 2 years if it is invested at an interest rate of 6%?
- What is the future value of $2,992 invested for 12 years at 6.00% compounded annually?
- What is the present value of: $8,000 in 10 years at 6 percent? $16,000 in 5 years at 12 percent? $25,000 in 15 years at 8 percent? $1,000 in 40 years at 20 percent?
- What is the future value of an annual deposit of $230 earning 6 percent for 15 years?
- What is the present value of $2,200 earning 15 percent for eight years?
- What would be the future value of $15,555 invested now if it earns interests at 14.5 percent for seven years?
- What is the future value of $77 saved at i = 17.25%, compounded annually in 2 years?
- What is the present value of: a. $8,000 in 10 years at 6 percent? b. $16,000 in 5 years at 12 percent? c. $25,000 in 15 years at 8 percent? d. $1,000 in 40 years at 20 percent?
- What is the future value of $100,000 invested for 12 years at: a. 5 percent, b. 6 percent, c. 8 percent, and d. 10 percent, compounded annually?
- What would the future value of $300 be after 5 years at 5% compound interest?
- What is the future value of $1,570 in 14 years assuming an interest rate of 9.25 per cent compounded semiannually?
- What is the future value of $1,730 in 15 years assuming an interest rate of 7 percent compounded semiannually?
- What is the future value of $1,700 in 17 years assuming an interest rate of 7.75 percent compounded semiannually?
- What is the future value of $700 in 15 years assuming an interest rate of 14 percent compounded semiannually?
- What is the future value of $2,400 in 19 years assuming an interest rate of 7.7 percent compounded semiannually?
- What is the future value of $2400 in 17 years assuming an interest rate of 7.9 percent compounded semiannually?
- What is the future value of $1,690 in 16 years assuming an interest rate of 8.00 percent compounded semiannually?
- What is the future value of $1,750 in 17 years assuming an interest rate of 6.5 percent compounded semiannually?
- What is the future value of $1,000 in 17 years assuming an interest rate of 7 percent compounded semiannually? a. $1,224.25 b. $1,132.51 c. $3,220.86 d. $3,158.82 e. $3,059.82
- What is the future value of $2,400 in 17 years assuming an interest rate of 7.9% compounded semiannually?
- What is the future value of$600 in 16 years assuming an interest rate of 10% compounded semiannually?
- What is the future value of $800 in 23 years assuming an interest rate of 10% compounded semiannually?
- What is the future value of $3901 in 13 years assuming an interest rate of 9.6% compounded semiannually?
- What is the future value if $5,000 is invested in each of the following situations: (i) 5 percent for ten years (ii) 7 percent for seven years (iii) 9 percent for four years
- What is the future value of $10,000 invested at 10% for 10 years with continuous compounding?
- What is the future value of $3,487 invested for 10 years at 12% if interest is compounded semi-annually?
- Calculate the future value of $450 six years from now at 7 percent.
- What is the future value of $250 received today if it is invested at 6.5% compounded annually for eight years? a. $251.30 b. $316.89 c. $412.28 d. $413.75 e. $417.04
- What is the future value of $100 invested at the beginning of each year at 5% for 6 years?
- What is the future value of $100 after 3 years if it earns 4%, annual compounding?
- What is the future value of $100 after 3 years if it earns 10%, annual compounding?
- What is the future value of quarterly payments of $583 for 17 years at 4 percent?
- What is the future value of semi-annual payments of $6,500 for eight years at 12 percent?
Explore our homework questions and answers library
Ask a Question
To ask a site support question,click here
