1. If P15,000 is deposited in an account that pays 5% compounded annually, how much will be in the account after 8 years? 2. If P20,000 is deposited in a time deposit account that pays 6% compounded quarterly, how much will be in time deposit account after 3 years and 6 months? 3. If P100,000 is deposited in an account paying 5.5% compounded continuously, how much will be in the account after 5 years? 4. If P300,000 is invested today at an interest rate of 4.5% compounded continuously, how much will be the investment after 3.5 years?

Q: year compounded yearly, find the value of the investment at each given time and round to the nearest…

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Q: I know that in 10 years I will need $60,000 to buy one Dogecoin. I happen to find an online bank…

A: NOTE: Refresh your page if you can't see any equations. . here we have A=60000 r=22%=0.22  n=2 for…

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Q: 1. (a) If $4500 is put in the bank today at 1.5% interest compounded continuously, how much will the…

A: (a) To find: The amount after 3 years. Given information: The invested amount is $54000 and rate of…

Q: 13. How long will it take for P6,000 to accumulate to P11,300 at 6% compounded semiannually 14. How…

A: The compound interest formula is defined as A=P1+rnnt, where A is the total amount accrued so far, P…

Q: (i) What rate of interest compounded annually is needed to make an investment of $6,500 accumulate…

A: Compound interest formula :                                                   F=P1+rnnt Where…

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Q: 11. In how many years will P6,500 accumulate to P10,000 if it is invested at 12% compounded…

A: Since you have posted a multiple question according to guildlines I will solve first question for…

Q: Suppose $2200 is invested in an account that offers 8% compounded half-yearly. How long will it take…

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A: Compound Interest Formula:  (compounded continuously) A = P·er·t where t is the time period in years…

Q: Evelyn is going to invest $3,500 and leave it in an account for 16 years. Assuming the interest is…

A: The principal amount Evelyn is going to invest is:  $3,500 Time period:  t = 16 years Interest is…

Q: If $15,500 is invested at a rate of 7.5% per year compounded monthly a) after 1 month b) after 6…

A: Given $15,500 is invested at a rate of 7.5% per year compounded monthly To find the amount a) after…

Q: Logan is going to invest in an account paying an interest rate of 3.1% compounded continuously. How…

A: We have given amount A = $990  Rate of interest r = 3.1% = 0.031 Time t= 6 years   We have to find…

Q: Assume that a bond pays 114+ 8t, in year t from the present, for 10 years, and that its interest…

A: Here , we can find what is the total amount after 10 years by the eq. 114+8t. By putting t=1and then…

Q: Jim places $10,000 in a bank account that pays 8.7% compounded continuously. After 2 years, will he…

A: P0=$10,000t=2 yearsr=8.7100 (first bank)

Q: How much money would have to be deposited now at 4.5% interest compounded monthly to  accumulate to…

A: Let us consider the principal P then the amount obtained after 4 years at the rate of r%…

Q: Suppose $17,000 is invested in an account with an APR of 4.9%. If the interest is compounded…

A: Since you have posted multiple subparts, as per our policy we will answer first three subparts.…

Q: Find the present value of amount. $26,000 if interest is 3.75% compounded continuously for 7 years

A: Given: $26,000 if interest is 3.75% compounded continuously for 7 years. To Find: The present value…

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Q: What rate of interest compounded annually is needed to make an investment of $6,500 accumulate to an…

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Q: 3- Suppose $5,000 is invested at an annual interest rate of 7%. Compute the balance after 10 years…

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Q: 7) Shawna invests $1,233 in a savings account with a fixed annual interest rate of 6% compounded…

A: We need to find amount accumulated in 8 years.

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Q: What sum must be deposited today at 10 % per year compound quarterly, if the goal is to have a…

A: Let S be the sum deposited . and Let A be the compound  amount i.e. A=$50,000 Now t=6 years It is…

Q: 2. (a) If you invest $ 3000 in an account that pays 9% APR compounded continuously, how much will…

A: As per guidelines,we will solve only first question. If you want solution of another question ,…

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Q: How much should you deposit now to have $11000 as a down payment towards the purchase of a used car…

A: Given: P = $11,000t = 5 yearsr = 5.98% = 5.98100= 0.0598 To find: The amount  we deposit  to have…

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A: Given Rate of interest 3% compounded monthly amount=$100,000 n=21 years   To evaluate Principal…

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Q: 6) Determine the amount and interest of $10 500 invested at a rate of 3 -% compounded 8.…

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Q: Find the present value of $10,000 due in 8 years if the interest is 4.8% compounded continuously. O…

A: topic- exponential function

Q: (3) (i) What rate of interest compounded annually is needed to make an investment of $6,500…

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

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Q: 4.52 What effective interest rate per month, compounded continuously, would be required for a single…

A: We have to find out the interest rate that would triple the amount in 5 years if compounded monthly.

Q: Suppose that $1,000 is deposited into an account that yields 0.85% interest, compounded annually.…

A: Given: P=$1000r=0.85%=0.0085n=1t=4 Use the formula: A=P1+rnnt

Q: A person wants to deposit $30,000 per year for 15 years. If interest is earned at the rate of 16%…

A: We will find out the the amount that will grow by the end of 15 years for all given conditions.

Q: Calculate, to the nearest cent, the present value of an investment that will be worth $1,000 at the…

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Q: 3) (i) What rate of interest compounded annually is needed to make an investment of $6,500…

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Q: A person wants to deposit $30,000 per year for 15 years. If interest is eamed at the rate of 16% per…

A: Given information: P=30,000 T=15 year R=16% Consider P is the principle, T is the time, R is the…

Q: Calculate, to the nearest cent, the present value of an investment that will be worth $1,000 at the…

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Q: Suppose $16,000 is invested in an account with an APR of 4.7%. If the interest is compounded…

A: Given  Amount invested= $16,000 APR= 4.7%

Q: Suppose $16,000 is invested in an account with an APR of 4.8%. If the interest is compounded…

A: Explanation: Given that,  P0 =  $16,000  APR(r) = 4.8% = 0.048 1.  If the interest is compounded…

Q: 1) If $5,000 is invested at 3.2% annual interest compounded semiannually, how much will the…

A: Compound Interet Semi AnnuallyA=P 1+e|21002n

Q: a)What rate of interest compounded annually is needed to make an investment of $6,500 accumulate to…

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Q: 3. Mr. Greg Greedy deposits GHC56,000 into his savings account at Fairview Bank which attracts an…

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Q: 7. Suppose you deposit $1000 in an account paying 3% annual interest, compounded continuously. Use A…

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Q: What present value P amounts to $280,000 if it is invested at 8%, compounded semiannually, for 16…

A: If investment or present value = $P interest rate = r  compounded m times per year. and time period=…

Q: 1. $7500 is deposited at a bank account that pays 3% interest compounded monthly. How much will…

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