1. What are the compound amount and interest if Php 6,000 is invested at 2% compounded monthly for 2 years.

Q: What is the accumulated value of periodic deposits of $40 at the beginning of every quarter for 22…

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Q: Find the amount and the compound interest on Php 80,000 for 3 years at 10% per annum, compounded…

A: Given, Prinicpal amount = Php 80,000   Time = 3 years Rate of interest = 10% per annum.

Q: 2. Aldridge deposited Php 175 000.00 at an interest rate of 5% compounded monthly. Assuming that…

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Q: Mr. Chua had a P50,000 business loan that is to be paid for 1 year. If the interest rate is 10%…

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Q: What is the amount of interest of a loan 20,000 at 6% compound interest for 3 years?

A: We will find out the required value.

Q: Suppose Ms. Levi would like to save Php 500,000.00 every month in a fund that gives 10% compound…

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Q: at what rate of interest compounded semi-annually will 21,590.00 accumulated to 26,900.00 in 2 years

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Q: Find the least amount that could be deposited in a bank account today at 10% compounded quarterly to…

A: To  find the present value of the annuity as follows.

Q: How much should you deposit in a bank paying 2% compounded quarterly to accumulate an amount of…

A: The formula for compound interest is given by A=P1+rnnt where P is principle, A is total amount, r…

Q: to have that amouni WiieTL I3 10. Berna borrowed from a cooperative Php 180 000 to be paid in 2 and…

A: Solution:

Q: what principal should be deposited at 8.375% compounded monthly to ensure that the account will be…

A: using the formula A=P1+rnnt   given A=$20,000r=8.375% =0.08375n=12 compounded monthlyt=10 years and…

Q: To support his handicapped niece tony made a payment of $1800 at the beginning of every 3 months. If…

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Q: Suppose your friend's parents invest $15,000 in an account paying 6% compounded annually. What will…

A: Suppose your friend's parent invests $15,000 in an account paying 6% compounded annually. We have to…

Q: Mrs. Dollie availed a cash loan that gave her an option to pay Php10,000 monthly for one year. The…

A: We need to find the present value of the loan. Given: Mrs. Dollie availed a cash loan that gave her…

Q: If money is worth 9% compounded annually, find (a) the present value of Php 24,000 due in 8 years…

A: Given that: Money worth 9% compounded annually. Future amount : Php 24000 Time : 8 years

Q: If $1800 is deposited in anaccount that pays 2.7% annual interest compounded monthly, what amount…

A: P=$1800r=2.7%=2.7100=0.027t=9n=12

Q: Suppose that when your friend was born, your friend's parents deposited $9000 in an account paying…

A: Formula for compound interest is as below  P = $ 9000 r = 3.2 % = 0.032 t = 17 n = compound period…

Q: How much should be deposited in an account paying 6% interest compounded monthly in order to have a…

A: For compound interest, we use this formula: A=P1+rnnt A is the final amount of money P is the…

Q: 1. Mr. Moreno started to deposit Php. 5,500 quarterly in a fund that pays 2.5% compounded monthly.…

A: s per our guidelines we are supposed to answer?️ only one question. Kindly repost other question as…

Q: What is the interest rate compounded quarterly if 2,500,000 pesos is invested and the amount became…

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Q: What lump sum do parents need to deposit in an account earning 8% interest compounded quarterly in…

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Q: Find how much money should be deposited in a bank paying interest at the rate of 8.5%/year…

A: Here we have to find the amount of money that should be be deposited in the bank so that the…

Q: A man wishes to his son to receive Php 200, 000 ten years from now. What amount should he invest if…

A: Given:  Interest during the first five years=10% compound annually, and Interest during the next 5…

Q: Find how much money should be deposited in a bank paying interest at the rate of 4.5%/year…

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Q: Suppose that RM9,000 is deposited for 6 years in an account paying 8.31% per year compounded…

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Q: What is the interest due if $500 is borrowed for 6 months at asimple interest rate of 6% per annum?

A: Given:     Principal (P) = $500     Interest rate (r) = 6 %     Time (t) = 6 month =612 year Simple…

Q: What is the correct answer in questions 1 and 2? 1. Calculate the principal sum which, if deposited…

A: Let us considre P be the principal amount, r be the rate of interest and t be the time period . Let…

Q: determine the interest rate in % compounded annually if the compound amount factor is 1.069 for a…

A: The formula for compound interest is A= P(1+rn)nt Where A = accumulated amount, P= principal, r =…

Q: 3. Which among the following is the present value of Php 40, 000 due in 6 years if money is worth…

A: we only solve one problem at a time so please submit them here one by one.

Q: If you deposit 4000$ into an account paying 6% annual compound interest monthly, how much will be in…

A: NOTE: Refresh your page if you can't see any equations. . P=4000 r=6%=0.06 n=12 for monthly compound…

Q: How much money should be deposited in an account paying 6% interest compounded monthly in order to…

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Q: What lump sum must be invested at 10%, compounded monthly, for the investment to grow to $65,000 in…

A: We have to find a lump sum that must be invested at 10%, compounded monthly, for the investment to…

Q: Suppose your friend's parents invest $25,000 in an account paying 6% compounded annually. What will…

A: Suppose your friend's parents invest $25,000 in an account paying 6% compounded annually. We have to…

Q: 1. A bank pays an annual interest rate of 3% compounded quarterty. If the initial deposit (or…

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Q: Assume that 1500 Php is deposited in an account in which interest is compounded annually for 5…

A: The formula for the accumulated amount is given below: A=P1+rnnt where P  is the present value, r is…

Q: For how long must a deposit of P10,000 be left at an account giving interest at an annual interest…

A: According to the given information, it is required to determine the time required to accumulate the…

Q: What principal will amount to $7000 if invested at 4% compounded quarterly for 19 years? The…

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Q: 2. Will wants to set up an account to be used for travel when he retires in 30 years. He is able to…

A: According to the company policy, we can answer only first question

Q: At what interest rate compounded quarterly is Php 50,000 deposited if it balloons to Php 85,000 in 5…

A: The formula for compound interest is A=P1+Rnnt, where A=Final amount P=Principal amount R=Interest…

Q: What is the balance and amount of interest earned if $1000 is invested at the end of each quater…

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Q: Suppose your​ friend's parents invest $25,000 in an account paying 6% compounded annually. What will…

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Q: What annual deposit is necessary to have $10,000 in 9 years if all the money is deposited at 1.5%…

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Q: Calculate the present value of a compound interest account that will have $15,000 after 12 years at…

A: To Determine: Calculate the present value of a compound interest account that will have $15,000…

Q: 1. At 10% interest rate, how much should you invest today to be able to withdraw Php10,000.00…

A: Given Future value=10000 Yearly invest rate (r) =10%=0.10 Total number of years (n) =10

Q: Suppose your​ friend's parents invest $25,000 in an account paying 6% compounded annually. What…

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Q: What lump sum should be deposited in an account that will earn 8% compounded every 2 months, to grow…

A: Rate of interest, r = 8% = 0.08   Compounded every two month,   :. Number of compounding intervals…

Q: A bank offers 7.5% interest compounded monthly. What is the annual percentage yield (APY)?

A: Given  A bank offers a 7.5% interest compounded monthly. Here r=0.075 k=12

Q: How much will deposits of $35 made at the end of each month amount to after 15 years if interest is…

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