. Irish is offered to invest in a business firm that will make her money earn 6% compounded

Q: 1. Find the difference between simple and compound interest on a savings deposit o 50,000 at 10% per…

A: Given  Deposited amount (P) = 50,000 Time= 3years  r= 10%

Q: Find the present value of the following future amount. $300,000 at 10% compounded quarterly for 30…

A: Given, FV = $300,000 Rate = 10% Time = 30 year

Q: 22. You deposited $15,000 in a savings account five years ago. The account has earned 5.25% interest…

A: here we calculate the money is in the account today by using the formula which are as follow-

Q: Determine the periodic deposit. Round up to the nearest dollar. How much of the financial goal comes…

A:

Q: 1. Convert the following rates (a) 10% to compounded daily. (b) 20% simple interest to compounded…

A: Compound Interest refers to the addition of interest to the principal sum of a deposit/loan, or in…

Q: Every three months, Mahmood deposits $1100 into an account paying 6% compounded quarterly. Find the…

A: Given Mahmood deposits $1100 into an account in every 3 months.  The bank pays him 6% compounded…

Q: A bank is advertising 9% accounts that yield 9.344% annually. How often is the interest compounded?…

A: Solving with explanation

Q: A bank sales a pledge of savings certificate of 500,000$ to pay 10 years later. to a 4% continuous…

A: The information which has been given to us is as follows:-   Future value is $500,000 n is given to…

Q: 2. How many years are required for your money to triple if it is invested at 9% compounded? a.…

A: Formula for compound interest F=P1+innt Where F is the future amount after time t, n is the…

Q: 8. A farmer bought a tractor costing 25,000 payable in 10 semi-annual payments, each installment…

A: Compound interest is the compound value that is used to calculate the present value and future value…

Q: nterest rate... How much do you need to deposit in an account today in order to have $11,000 in…

A: Every commercial bank decides its Annual Percentage Rate (APR) range based on the interest rate set…

Q: An investment of $3523 is made at the beginning of each month for 5 years and 10 months. How much…

A: Total months(n) =years*12+months=5*12+10=70 interest rate per month (r)=1% Amount invested per month…

Q: The united Bank advertises 9.5% account that yields 9.84% annually. Find how often the interest is…

A: Compound interest: It is the additional interest earned on the total sum deposit. In short, it is…

Q: 1. How many years will a deposit triple itself at an interest rate of 7% per annum compounded…

A: Hi! Thank you for the question, but as per the guidelines, we answer only one question at one time.…

Q: What deposit made at the beginning of each month will accumulate to $120,000 at 5% compounded…

A: In the question above, it is given that : Amount  = $120,000 Rate of Interest = 5% = 0.05 Time = 10…

Q: Lee wills loaned Audrey $17300 to open her shop after 5 years Audrey will pay back Lee with 16%…

A: The formula for compound interest will be: A=P1+R4004t Where A is the amount received after 4 years…

Q: MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER A small business owner contributes $4,000 at the end of…

A: * SOLUTION :-  AS Per guidelines I answered one   question only.

Q: If marry put $100,000 into an account that pays 4.5% annual interest, and she plan to withdraw…

A: here we calculate the time when account of Marry will empty by calculating the future value so the…

Q: Suppose that over a six-year period, $1000 accumulated to $1922 in an investment certificate in…

A: Formula:- A=P×1+rnn×t where; A= Amount P= Principal r= interest rate (in decimal) t= time n= Number…

Q: 1. A automobile was purchased on a 60-month installment plan with a $10,000 monthly payment.…

A: (1) Monthly Installment (Annuity)= $10,000 n = 60 months interest rate = 12.03%12=1.0025%

Q: 7. Calculate the effective annual interest rate of the following: a. 12% compounded annually b. 12%…

A: Dear student, you have asked multiple sub-part questions in a single post.In such a case, as per the…

Q: Compute the size of the final payment for the following loan. Periodic Principal $ Payment $ 8600…

A: Principle = 8600 , PMT = 580, Payment period = 6 months interest rate = 5%, Compounding period =…

Q: Which of the two rates would yield the larger amount in 1 year? (A) 2% compounded quarterly B) 2.02%…

A: Answer to the question is as follows:

Q: .- (1+)" - 1 %3D PART A.) Find the effective annual interest rate for a credit card that lists an…

A: Introduction: The annual percentage rate (APR) is the yearly interest earned by an amount charged to…

Q: 1. Accumulate P 3,000 for 9 years at 6 percent interest compounded quarterly. How much is the…

A: "Since you have asked multiple questions, we will solve first question for you .. If you want any…

Q: Ms. Roberts decided to invest some money in an insurance company with an interest rate of 9%…

A: We use the rule of 72 here. Rule of 72: Years to double the principal = 72/Interest Rate

Q: 10. If money is invested at a nominal rate of interest of 8% for a period of 4yrs. (a) What is the…

A: a) The successful interest rate aims to absorb the entire cost of borrowing. It accounts for…

Q: Accumulate a $40,000 principal for 15 years under the rate (.05, m 4). What compound interest is…

A: Given information: Principal amount (P): $40,000 Time period (t)= 15 years Interest rate (r): 5%…

Q: You will deposit 11,678 at 10% compound interest for 9 years, and then move the amount you would…

A: here we calculate the amount or money would at the end of the entire period by using the given…

Q: Compute the effective annual interest rate in each of these situations: a. 9% nominal interest,…

A: The effective annual interest rate is the real return on a savings account or any interest-paying…

Q: How much money would you need to deposit today at 8% interest compounded quarterly to have $15,000…

A: In economics, interest refers to the amount paid in excess of the principal amount by the borrower…

Q: How long will it take GH¢2,000 to accumulate GH¢800 interest at 10% compounded quarterly?

A: Amount = Principle*(1+4*r100)4*n

Q: Lia wishes to have $3000 after 3 years in an account that draws 6% nominal interest compounded…

A: In this question we have to find out the principal value with the help of the above information.

Q: Q1. How much will a $65,000 investment today be worth in 8 years if it earns 6% annual compound…

A: Given Present value of investment =65000 Time =8 years Rate of interest =6%

Q: QUESTION 4 pu will deposit 18,285 at 10% simple interest rate for 6 years, and then move the amount…

A: Compound interest is calculated by multiplying the initial principal amount by one plus the annual…

Q: 8. An effective rate of interest, which is 12.75%, is equivalent to what percent if compounded…

A: Given  Effective rate of interest (ER)=12.75% We have to calculate equivalent interest rate…

Q: If $800 is deposited in a savings account at the beginning of each year for 12 years and the account…

A:

Q: 54% compounded quarterly, and 5%% com- pounded continuously. She wishes to select the savings…

A: With quarterly compounding at 5.25%, Effective annual rate = [1 + (0.0525 / 4)]4 - 1 = [1 +…

Q: How long will it take $500 to double if it earns the following rates? Compounding ocu once a year.…

A: Here, we calculate the given as follow;

Q: How long will an account invested at 11.5% compounded yearly be tripled?

A:

Q: Lino borrows $600,000 with interest at 14% compounded quarterly. He agrees to settle this obligation…

A: It is given in the question that, Present Value(PV)=600,000 Interest rate(i)=14/4=3.5% or 0.035…

Q: (ou have just taken out a mortgage for $5 75,000, at a fixed rate of 4.75% per rear, compounded…

A: The term mortgage refers to a loan used to purchase or maintain a home, land, or other types of real…

Q: how long does it take for an investment to double at 1.4% compounded continuously

A: Continuous compounding is the numerical furthest reaches that accruing funds can reach if it's…

Q: 2 Compute the future worth of the cash flows with the different interest rates specified. The cash…

A: The value of a venture or income after a timeframe is known as its future value. The most common way…

Q: In compound interest, the interest for the current period is computed based on the amount (principal…

A: Compound Interest is the Interest that is calculated on the base Principal amount and accumulated…

Q: 35. Find the effective rate of interest equivalent to 12% compounded continuously.

A: since you have posted multiple questions, asper the guidelines we can solve only one question per…

Q: How long (in years) will it take to quadruple it earns 7% compounded semiannually A 26.30 В) 33.15 С…

A: Let's assume F is the future value P is the present value r is the annual interest rate.  n is the…