13. How long will it take for P6,000 to accumulate to P11,300 at 6% compounded semiannually 14. How long will it take for P7,000 to accumulate to P10,500 at 11% compounded quarterly 15. 1. Find the compound interest due in 8 years if P28,000 is invested at 10% compounded quarterly.

Q: 13 If the accumulated value of an investment that is growing at 3.74% compounded quarterly is…

A:

Q: 5. What sum must be deposited today at 18% per year compounded monthly if the goal is to a compound…

A: According to the question: Given   that,Rater=18  %=18100=0.18Compounded  monthly⇒n=12A=50000Time…

Q: The difference between the future values of a deposit accumulated for 15 years at a rate of 9.5%…

A: Let the amount for the first condition be A1 and for second condition be A2 and let the deposit be…

Q: 6) Stanley Bank offers a money market account that earns 1.85% compounded continuously: a) If…

A:

Q: 5. Suppose that $4100 is invested at 2.3 % compounded quarterly. How much will be in the account…

A:

Q: 1. Mr. Robert deposits P30,000 in National Bank for 3 years which earn him an interest of 2.8% per…

A: The compound interest formula is given by the equation A=P1+rnnt. Here, A is the accrued amount…

Q: 3) Suppose that you have $6,000 to invest. Which investment yields the greater return over 4 years:…

A:

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…

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

A:

Q: What is the amount of premium/discount for a bond with a face value of $100 000 and a bond rate of…

A:

Q: Jim places $10,000 in a bank account that pays 5.8% compounded continuously. After 2 years, will he…

A: Initial amount = P= 10000Interest rate = r= 5.8% = 0.058Time = t= 2 yearsWe use continuous compound…

Q: 1)How much will a deposit of 5000 taka grow to in 20 years at 6% interest compounded continuously?

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

Q: on 1 Suppose that $500 amounted to $588.38 in a savings account after three years. If interest was…

A:

Q: (4 marks) A principal of $14 000 is invested at 3.75% p.a. compounded monthly for 5 years.…

A: Amount for compound interest can be calculated as P(1 +rn)nt P = Principal amount r = rate of…

Q: 8. How much more does $1,000 earn in 8 years, compounded daily at 3%, than $1,000 over 8 years at…

A:

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: 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: 30 years with a) 6 % compounded monthly with no point 1 b) 6– % compounded monthly with 1 point: 4.…

A: Solution

Q: Suppose $1,500 is invested at an annual interest rate of 8 percent compounded quarterly. Compute the…

A:

Q: How long was ₱30,000 invested at a bond growing at an average rate of 8.25% compounded monthly if…

A: Given, P= 30,000 A= 50,000 r=8.25%=0.0825 n=12(compounded monthly)

Q: How long will it take for a $3000  investment to grow to $17,556 at an annual rate of 11% ,…

A:

Q: 1. If P15,000 is deposited in an account that pays 5% compounded annually, how much will be in the…

A: 1. Given that, ₽15,000 is deposited in an account that pays 5% compounded annually. We have, P =…

Q: An investment of $18,000 was growing at 6.5% compounded semi-annually. a. Calculate the accumulated…

A: In this question we have to find the following given Compound Interest.

Q: invested at a bond growing at an average rate of 8.25% compounded monthly if its value at maturity…

A: Maturity value: The amount due and payable to the holder of a financial obligation as of the…

Q: An investment of $13,000 was growing at 6.5% compounded quarterly. a. Calculate the accumulated…

A: Answers of the all above question 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 ,…

Q: 7. How many years would it take for $450 to amount to $5000 if it is invested at 3.9% per annum…

A: The initial amount is: $450 The compound interest is: 3.9% The amount interested per annum…

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

A:

Q: A person wishes to invest $10,000 and wants the investment to grow to $20,000 over the next 10…

A:

Q: 4. How long will it take $2,000 to grow to $24,000 if it is invested at 7% compounded monthly?

A: Given that  P=Principal amount= $2000                                              A=Annual rate of…

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.

Q: Jim places $10,000 in a bank account that pays 12.7% compounded continuously. After 2 years, will he…

A:

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: RM1,800 is invested in scheme A at 10% per annum for 2 years at simple interest while another…

A: Here we have to find out that scheme which will give profit for investor.

Q: 3. Abigail wants to save $15,000 to buy a car in seven years. If she deposits $10,000 into an…

A: Continuously compounded interest is interest that is computed on the initial principal amount, as…

Q: 1. Suppose £5000 is invested for five years. Calculate the amount accumulated at the end of five…

A: As per the guidelines i had solved the first questions kindly post another questions separately.

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: Steve decided to deposit $4,680 into a savings account with 6.5% interest, compounded quarterly.…

A: Consider the formula for compound interest: F=P1+rnnt

Q: checking Homework. Show Work.

A:

Q: Find the accumulated value of an investment of $25,000 for 4 years at an interest rate of 6% if the…

A:

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: How long will it take for a $2000 investment to grow to $2984 at an annual rate of 4.6%, compounded…

A: Initial investment = 2000 Final amount =2984 rate of interest = 4.6%= 0.046 compounded quarterly ,…

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

A:

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

A:

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

A:

Q: A company will need 1,500 barrels of fuel at the end of this month, and its needs will increase at…

A: Use the formula: Final quantity=Original Quantity1+Rate of increase per each time-interval100Number…

Q: If ₱1,000 is invested at 4% per annum compounded yearly, what is the value of the investment after…

A:

Q: van wants to put some money into an investment fund that has paid, on average, 13.2% per ar,…

A: Given query is to find the investment amount so that the future value will be 10000

Q: Suppose that $2500 is placed in a savings account at an annual rate of  5%, compounded quarterly.…

A: