2. ABC bank pays interest at the rate of 2% compounded quarterly. How much will Ken have in the bank at the end of 5 years if he deposits P3,000 every month?

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

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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…

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Q: Assuming that you invest $13,000 in the United States, how long (to the nearest year) must you wait…

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

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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…

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Q: 1. Ken is paying 2,500 every 3 months for the amount he borrowed at an interest rate of 8%…

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

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

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Q: 1. A man invests $10, 000 in an account that pays 8.5% interest per year, compounded quarterly. What…

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Q: 1. If P5,000 is invested in a time-deposit for 2 years in a bank that offers 4% annual interest…

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Q: If John invests $2300 in a savings account witha 6% interest rate compounded annually, how long will…

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Q: 9. In order to have P1 million in a fund at the end of 15 years, how much must be deposited in the…

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Q: What sum of money will be required to discharge a loan of P7,800 on April 1, 2022, if the loan was…

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Q: Checking Homework. Show Work.

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Q: 4. How much should be deposited in an account paying 7.5% interest compounded quarterly in order to…

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Q: 1. Mohammed estimate that he will need RO 10,000 in 5 years to fund his university education. How…

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Q: In how many years will the amount of 10000 triple if invested at an interest rate of 10% compounded…

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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…

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Q: 4. What principal must be deposited in a 4.5% saving account compounded monthly in order to have a…

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Q: A zero coupon bond with a face value of $23,000 matures in 14 years. What should the bond be sold…

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Q: If saving account awards interest of 3 percent per year compounded semiannually, what amount must…

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Q: 4. a. Suppose that betwee 401(k) and your employer 8.3%compounded annually dollar, after 18 years?

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Q: 9. (SLO) How much should a mother invest at the time her son is born to provide him with $80,000 at…

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