*star_border*

## Related Advanced Math Q&A

Find answers to questions asked by students like you.

Q: 31. An account is opened with an initial deposit of $6,500 and earns 3.6% interest compounded…

A: Given that,An account is opened with an initial deposit of $6,500 and earns 3.6% interest compounded…

Q: 9) If Juan invests $7,000 at 6% annual interest rate compounded semi-annually Tor 12 years, how much…

A: Click to see the answer

Q: An account is opened with an initial deposit of $6,500 and earns 3.6% interest compounded…

A: Click to see the answer

Q: At the time of a child’s birth, $10,000 was deposited in an account paying 3% interest compounded…

A: Quarterly rate is determined by dividing annual rate by 4.

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

A: Click to see the answer

Q: 1. Cara needs $9,000 in11 years. What amount can she deposit at the end of each quarter at 6%…

A: To find: The amount can be deposited at the end of each quarter. Given information: Cara needs $9000…

Q: 1. Cara needs $9,000 in11 years. What amount can she deposit at the end of each quarter at 6%…

A: topic - exponential function

Q: The price of a new car is $20,000. Assume that an individual makes a downpayment of 25% toward the…

A: Given that The price of a new car is $20,000. Assume that an individual makes a downpayment of 25%…

Q: 8. What amount of money is equivalent to receiving $5000 two years from today, if interest is…

A: $5000 two years from today, interest is compounded quarterly at the rate of 2.5 per quarter

*question_answer*

Q: A person wants to invest $11,000 for 3 years and is considering two different investments. The first…

A: Given, a person wants to invest $11, 000 for 3 years and is considering two different investments.…

*question_answer*

Q: How much money has to be invested today in a security that promises to pay 7500 Omani Riyals at the…

A: Click to see the answer

*question_answer*

Q: Do you want to retire at age 65. You decide to make a deposit to yourself at the end of each year…

A: Given: rate=11%=0.11 Deposit=$1100. Number of years= 65-25= 40 years.

*question_answer*

Q: 3. What amount must be invested now in savings account earnings 996 compounded quarterly to…

A: Click to see the answer

*question_answer*

Q: 17. An account with an initial deposit of $ 6,500 earns 7.2% annual interest, compounded annually.…

A: Click to see the answer

*question_answer*

Q: 28. An investment offers an annuity that pays 5.5% compounded monthly. What equal monthly deposit…

A: From given A = 50,000, r = 5.5% and n = 5(12) = 60.

*question_answer*

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

*question_answer*

Q: 7. An investment account pays 3.9% interest compounded semi-annually. If $4,000 is invested in this…

A: We are given,Principal P = $4000Rate , r = 3.9% = 0.039Interest is compounded semi-annually then ,…

*question_answer*

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…

*question_answer*

Q: 14. At what simple interest rate per annum will P20,000 accumulate to P25,000 in 3 years?

A: Click to see the answer

*question_answer*

Q: 8. A loan of 67,000 pesos is to be amortized by paying quarterly in 1 year. If the money is worth…

A: Click to see the answer

*question_answer*

Q: What lump sum do parents need to deposit in an account earning 12%, compounded monthly, so that it…

A: Click to see the answer

*question_answer*

Q: 2.) Laura wants to accumulate $150,000 in her bank account by depositing $1000 at the beginning of…

A: Amount=$150,000 Present value=$1000 Rate of interest =5% compounded quarterly.…

*question_answer*

Q: 1. Brian invests $13,500, at 8% interest, compounded semiannually for 2 years. Manually calculate…

A: Hey, since there are multiple questions posted, we will answer the first question. If you want any…

*question_answer*

Q: 2. What will be the compound interest on a sum of ₱25,000 after 3 years at the rate of 12% per…

A: according to our guidelines we can answer only first question and rest can be reposted.

*question_answer*

Q: 4) You want to invest money in an account that pays 8% nominal interest compounded annually. What…

A: Consider the compound interest formula. FV=P1+rnntwhere FV is the future value of the deposit…

*question_answer*

Q: What is the interest rate compounded quarterly if P 2,500,000.00 is invested and the amount became…

A: Formula: The compound interest formula is given below: A=P1+rnnt, where A-final amount, P-Principle…

*question_answer*

Q: 1) A man wishes to bequeath to his son P100,000 ten years from now. What amount should he invest now…

A: Click to see the answer

*question_answer*

Q: An interest rate of effective 30% per year .compounded semiannually is nearest to .a per semiannual…

A: An interest rate of 30% annually is only 15% semiannually since as time increases the rate of…

*question_answer*

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

A: Click to see the answer

*question_answer*

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

*question_answer*

Q: What lump sum do parents need to deposit in an account earning 9%, compounded monthly, so that it…

A: The formula to find the amount that aggregates in the account for the principal amount P at a…

*question_answer*

Q: - Given a nominal interest rate of 5.3%, compounded daily, determine the APY.

A: We’ll answer the first question since the exact one wasn’t specified. Please submit a new question…

*question_answer*

Q: The sugar bank gives a home loan at an annual interest of 15%. Loan amount is one hundred thousand…

A: Given the loan amount P =1 hundred thousand lira = 100000 lira Rate of interest r= 15%=0.15 Time t=6…

*question_answer*

Q: 7. At what simple interest rate per annum will P20,000 accumulate to P25,000 in 3 years?

A: Note: We will answer the first question only as the exact one is not specified. Please resubmit the…

*question_answer*

Q: 5. The present value of a perpetuity that will pay out $10 K per year forever is $250 K. Assuming…

A: Given that Present value=$ 250 K Per year pay-out=$ 10 KAs it is forever paid . it is…

*question_answer*

Q: 5. What principal you have to deposit in a 4.5% saving account compounded monthly in order to have a…

A: Step 1: The equation for amount accumulated after n years with compound interest i is,…

*question_answer*

Q: Ten annual installments of 65,000 pesos each starting at the end of the eleventh year from now, is…

A: Click to see the answer

*question_answer*

Q: 4. If you pay P50.00 at the end of each month for 40 years on account that pays interest at 10%…

A: *** This is the problem related to financial mathematics and we are advanced math expert and have…

*question_answer*

Q: What lump sum do parents need to deposit in an accounting earning 12%, compounded monthly, so that…

A: Given r= 12%=0.12 total amount A = $50,000 t= 17 years P= principal amount

*question_answer*

Q: 2. ABC bank pays interest at the rate of 2% compounded quarterly. How much will Ken have in the bank…

A: Click to see the answer

*question_answer*

Q: 2. ABC bank pays interest at the rate of 2% compounded quarterly. How much will Ken have in the bank…

A: *** This is the problem related to financial mathematics and we are advanced math expert and have…

*question_answer*

Q: By the condition of a will, the sum of P25, 000 is left to be held in trust by her guardian until it…

A: The compound interest is given by:

*question_answer*

Q: In a certain account providing an interest rate of r compounded quarterly, 2500 is deposited every…

A: Given There are 2 cash flows "2500" with each occurring at the end of the quarter. The FV is given…

*question_answer*

Q: 3. If you start a bank account with $33,000 and your bank compounds the interest quarterly at an…

A: Click to see the answer

*question_answer*

Q: 3 Find the compound interest In on a loan of ₱600,000 at 6% compounded semi-annually for 8 years.

A: Click to see the answer

*question_answer*

Q: In a certain account providing an interest rate of r compounded quarterly, P2,500 is deposited every…

A: P= 2500 Amount after interest =5200 interest rate of r compounded quarterly n=4/yr

*question_answer*

Q: How much interest will you owe if you borrow $9700 for 3 years at a simple interest rate of 5%…

A: Click to see the answer

*question_answer*

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

*question_answer*

Q: Suppose you put a $1000 in a college fund that pays 7.2% interest compounded annually. Find the…

A: In the given problem, The principle amount is p = $1000 The rate of interest is r = 7.2% And, the…

*question_answer*

Q: A couple who borrow $80,000 for 15 years at 6%, compounded monthly, must make monthly payments of…

A: Solution:- Monthly payment=$675.09 rate r=6% compounded annually ⇒R=612%=612×100=0.005 (compounded…