. Shirl started to deposit P18,000 semi-annually in a fund that pays 5%E compounded semi-annually. How much will be in the fund after 10 years?

Q: Samuel is going to invest $1,700 and leave it in an account for 16 years. Assuming the interest is…

A:

Q: if $300 is invested at an interest rate of 5% compounded quarterly, then the amount after 2 years is…

A: Amount , A= P(1+r/n)nt   where, P= the principle amount             r= rate of interest           t=…

Q: Calculate, to the nearest cent, the present value of an investment that will be worth $1000 if it…

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Q: /2. Jimmy invests $4,000 in an account that pays 2% annual interest, compounded semi-annually. What…

A: 2. The principal amount, P = $4000 Rate of interest, r=2%=0.02 The number of times the interest…

Q: How much compound interest will Sue earn by investing $20,000 at 4.1% p.a. over a four year period,…

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Q: 3. A monthly deposit of P2,000.00 was made at 12% compounded semi annually. How many years will the…

A: Hi, since you have asked multiple questions, we will solve the first question for you. If want any…

Q: 13. If Frank invests $11,400 at 3.7% interest compounded quarterly, how much will his investment be…

A: Given: Frank invests $11,400 at 3.7% interest compounded quarterly. To find: Investment's worth in 9…

Q: You have $10,000 in a bank. If you get 4% compounded monthly and withdraw $400 at the end of each…

A: You have $10,000 in a bank. If you get 4% compounded monthly and withdraw $400 at the end of each…

Q: How much should Michelle have in a savings account that is earning 4.50% compounded quarterly, if he…

A: interest rate = 4.05% = 0.0405 rate at quarterly = 0.0405/4 = 0.010125 duration = 8 year  compunded…

Q: What lump sum must be invested at 8%, compounded quarterly, for the investment to grow to $30,000 in…

A: we will useA =P1+rnntGiven A =$30,000r =0.08n=4      (quaterly)t =12 years

Q: Suppose that $7,000 is invested at 4%, compounded semiannually. How much is in the account at the…

A: Amount for compound interest:If P amount of money is invested for t years at r% rate of interest…

Q: How much should Rebecca have in a savings account that is earning 3.50% compounded semi-annually, if…

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Q: How much must be deposited now to withdraw $4,000 at the end of each year for 20 years if interest…

A: Calculate the present value of an ordinary annuity by using tables use the following steps. Step 1.…

Q: Find the accumulated value of an investment of $20,000 at 5.25​% compounded annually for 12 years.…

A: The term per cent means for every hundred. A fraction whose denominator is 100 is called a…

Q: Oliver is going to invest $2,500 and leave it in an account for 18 years. Assuming the interest is…

A:

Q: An employee contributes $350 each month to her 401(k). What will be the value of her 401(k) after…

A: From given, P = $350, i=12%12=1%=0.01,n=360. The amount after n deposits can be calculated by the…

Q: Sophia is going to invest $7,900 and leave it in an account for 6 years. Assuming the interest is…

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Q: If $30,000.00 is invested 6 1/4%(six and one fourth percent) compounded quarterly for 8 years, how…

A: Given,            P = $30,000.00  ; r = 614%=254%=0.0625 and time = 8 years

Q: 17. If Joe deposits $800 in an account paying interest at an annual rate of 6% compounded quarterly,…

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Q: If $8,000 is invested at 3% compounded quarterly, what is the amount after 5 years? The amount after…

A: Given that, P = $8000 r = 0.03 n= 4 t = 5 years The formula for calculating the compound interest…

Q: If an investment company pays 6% compounded semiannually, how much should you deposit now to have…

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Q: 2. Ms. Z puts P242, 400 in a savings account that pays a set yearly interest rate of 5% compounded…

A: Let's find account balance after six years.

Q: s) How much should be invested now so that in 10 years there will be $7,000 in an punt that offer a…

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Q: 1) Brenda invests $4,848 in a savings account with a fixed annual interest rate of 5% compounded 2…

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Q: A principal of $2000 is placed in a savings account at 3% per annum compounded annually. How much is…

A: A principal of $2000 is placed in a savings account at 3% per annum compounded annually.

Q: Carter invested $16,000 in an account paying an interest rate of 5.6% compounded monthly. Assuming…

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Q: (a) If you invest $5,000 in an account that earns an APR of 3% with quarterly compounding, what will…

A: P = 5000 APR = 3% t = 10 year

Q: If $15,000 is invested at 6% compounded quarterly, what is the amount after 5 years? The amount…

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Q: How much interest will you owe if you borrow $2700 for 3 years at a simple interest rate of 7%…

A: Given that  principal amount=P=$2700Time =T=3yearsrate of interest=R=7%find interest

Q: A firm needs to replace most of its machinery in 4 years at a cost of $550,000. The company wishes…

A: Given - A firm needs to replace most of its machinery in 4 years at a cost of $550,000. The company…

Q: If $1000 is invested at a rate of 5.60% compounded monthly (n = 12), what is the principal after…

A: Given that P=$1000 r=5.60% n=12, t=4 years The formula for Compound interest is A=P1+rnn.t Where, A-…

Q: What will the final amount be in 1 1/2 year if P8,000 is invested at 9.2% compounded monthly.?

A: Given that : Principle = $8000 Rate = 9.2 % per year = 9.2% / 12 per month Time = 1 (1/2) year = 18…

Q: Suppose that you have children young, pay for their college expenses, and finally start saving for…

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Q: A couple makes a one-time investment of $4,000 in a five-year certifi- cate of deposit that will…

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Q: What is the value of an investment of $3,500 after 2 years if it earns 1.5% compounded quarterly?

A: Compounded interest for an investment of P done for a period of t years at an interest rate of r…

Q: How much money should Bryan invest today into a fund that earns interest at 5.75% compounded…

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Q: Find the principal P that must be invested at rate of 8%, compounded monthly, so that $1,000,000…

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Q: How much shoulda parent invest at the beginning, at 8% interest compounded quarterly, to withdraw $…

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Q: How much should Chad have in a savings account that is earning 2.75% compounded monthly, if she…

A: According to the problem, we have

Q: A principal of P 2000 is placed in a savings account at 3% per annum compounded annually. How much…

A:

Q: A young man is a beneficiary of a trust fund established for him 16 years ago at his birth. If the…

A: Given

Q: Morgan is going to invest $8,200 and leave it in an account for 10 years. Assuming the interest is…

A: A=$16500 P=$8200 t=10 years n=12 (compounded monthly) We have to found intrest rate

Q: 2. Find the compound amount on deposit at the end of 1 year if P20 000.00 is deposited at 4%…

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Q: 4. Amal wants to have $40000 available for a down payment on a house in 10 years. How much should…

A: Since you have asked multiple questions in a single request so we will be answering only first…

Q: A corporation established a sinking fund to discharge a debt of $150,000 in 7 years. If deposits are…

A: Total debt to be paid = 1,50,000$ in 7 years  Interest = 5.2% compounded yearly Amount of each…

Q: Your 6 1/4 year investment of $40,000 at 14% compounded quarterly is worth how

A: We have to find the amount

Q: If $5,000 is invested at 4% compounded quarterly, what is the amount after 9 years? The amount after…

A: According to the given information:The amount invested (P) = $5,000Rate of interest (r) = 4% =…

Q: How much would you have to pay into an account at the beginning of every six months to accumulate…

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Q: 4. Mrs. Román wants to invest in a loan of $ 25,000 at 3.9% annual interest for four years,…

A: Mrs. Román wants to invest in a loan of $ 25,000 at 3.9% annual interest for four years, compounded…