26. If $100 was invested for 50 years. (a) How much will you have at the end of 50 years if invested at 8% compounded monthly? (b) How much will you have at the end of 50 years if invested at 8% compounded weekly?

Q: If $400 is invested at 18% compounded quarterly, what is the interest earned after: a) 2 years…

A: Given data: The given principal is P=$400. The given quarterly interest is r=18%=0.18. a) The given…

Q: If $800 is invested at 4% compounded quarterly, what is the interest earned after: a) 6 years…

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: 44. If you invest $10,400 in the United States, and the interest is compounded monthly, when, to the…

A:

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: 14. If you have $5000.00 to invest at a rate of 3.5% compounded monthly, how long would to save…

A:

Q: 9. If 8000 dollars is invested in a bank account at an interest rate of 6 per cent per year,…

A:

Q: An investor needs $21,000 in 12 years. (a) What amount should be deposited in a fund at the end of…

A: Here, FV=21,000rate=6%=0.06time=12 Quarterly rate is to be calculated. So, n=4.

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. Mr.Joe deposited $10,000 in a savinga account at 5%. If interest is compounded monthly. What…

A: As per Bartleby guidelines, we are supposed to solve only first question if multiple questions are…

Q: How long will it take to save $20,000 by making deposits of $100 at the end of every month into an…

A:

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

A:

Q: Suppose that $1000 is invested  at8%, compounded quarterly.​How much is in the  account at the end…

A:

Q: How much money should be deposited today in an account that earns 8% compounded monthly so that it…

A: How much money should be deposited today in an account that earns 8% compounded monthly so that it…

Q: 2. How much time is needed for money to triple if invested at 9% compounded semi- annually?

A: As per bartleby guidelines we only give first question answers.

Q: If $11,000 is invested at 6% compounded quarterly, what is the amount after 4 years?

A: Please find attachment for the details solution

Q: 4. How much money should be invested in an account that earns 9.5% interest, compounded monthly, in…

A: We know the formula for Compound Interest ,  A = P1 + rnnt   ,  Where , A = Final amount…

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

A:

Q: What is the total amount of money that you will have at the end of 4 years if you invest $300 for 4…

A:

Q: 4. In how many years is required for P4,000 to increase by P9,000 if interest is at 11% compounded…

A:

Q: If $1000 is invested at a rate of 5.60% compounded monthly (n = 12), what is the principal after…

A: Given that P=$1000 r=5.60% n=12, t=4 years The formula for Compound interest is A=P1+rnn.t Where, A-…

Q: What is the total amount of money that you will have at the end of 4 years if you invest $7800 for 4…

A:

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

A: *** As per our guidelines we are supposed to answer only one question at a time. Since you have…

Q: What will $82,000 grow to be in 11 years if it is invested today at 8% and the interest rate is…

A:

Q: What is the value of an investment of $3,500 after 2 years if it earns 1.5% compounded quarterly?

A: Compounded interest for an investment of P done for a period of t years at an interest rate of r…

Q: 18. The APR of Bessie's savings account is 6%, and interest is compounded monthly. If the principal…

A:

Q: A family wants to have a $200,000 college fund for their children at the end of 17 years. What…

A:

Q: Suppose you have $4700 deposited at 4.65% compounded quarterly. About long will it take your balance…

A:

Q: 7. How much interest do you earn by investing $375,500 for six months into an account paying 4.0%…

A: Given, P= $375500 t= 6 months= 0.5 years r= 4%= 0.04 Compounded monthly  Therefore,  n= 12

Q: Checking Homework. Show Work.

A:

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.…

Q: If $1000 is invested at 7% compounded quarterly, what is the interest earned after: a) 5 years…

A:

Q: 5. How long will it take an account paying 6% annual interest to double if it is compounded monthly?

A: Compound interest is the summation of the interests to the principal amount which has been deposited…

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

A: We will find out the required time.

Q: 2. How long will it take for a principal to double if money is worth 6.2% compounded monthly?

A:

Q: How much money should a company deposit into an account now so that they will have $50,000 in six…

A: here we use the equation of compound interest  amount = P(1 + r/100)n here interest is quarterly so…

Q: How much money should be deposited today in an account that earns 7% compounded semiannually so that…

A: Let $x should be deposited today that earns 7y.Compound semi annually. So that it will accumulate…

Q: About how many years will P 100,000 earn a compound interest of P50,000 if the interest rate is 9%…

A: Here P=50,000 F V=100,000 r=9%=0.09 n=4

Q: After several years of working, Katy has savings of $1000,000. If she invest that $1000,000 in a…

A: Given: Principal amount(P0)=$1000,000 rate of interest(r)= 5%=5/100 time(n)=20 years…

Q: you want to retire with $1,500,000 in 40 years and can earn a rate of 10.8% with monthly…

A: We can find pmt using Excel .

Q: Suppose that you have $5000 to invest. Which investment yields the greater return over 5 years: 5.5%…

A:

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

A:

Q: 7. If you invest $3200 at 3.5% compounded monthly how much will you have at the end of 4 years?

A:

Q: suppose you invest $6000. Which investment yields the greater return over 4 years 8.25% compounded…

A:

Q: How much money should be deposited today in an account that earns 8% compounded semiannually so that…

A:

Q: If $200 is invested at 14% compounded quarterly, what is the interest earned after: a) 3 years…

A:

Q: At what interest rate will P120,000 earn P37,800 interest after 3 % years? Discount P9,000 for 9…

A: We need to find interest rate for P120,000 amounting to P37,800 interest after 3.5 years Need to…