3- Suppose $5,000 is invested at an annual interest rate of 7%. Compute the balance after 10 years if the interest is compounded: a. Annually b. Quarterly c. Monthly d. Continuously

Q: I know that in 10 years I will need $60,000 to buy one Dogecoin. I happen to find an online bank…

A: NOTE: Refresh your page if you can't see any equations. . here we have A=60000 r=22%=0.22  n=2 for…

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: What sum must be deposited today at 8 percent per year compounded annually if the goal is to have a…

A: When the interest is compounded, then the formula used is A=P1+rnnt, where, A is the final amount, P…

Q: if $300 is invested at an interest rate of 5% compounded quarterly, then the amount after 2 years is…

A: Amount , A= P(1+r/n)nt   where, P= the principle amount             r= rate of interest           t=…

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

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

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Q: 13. If Frank invests $11,400 at 3.7% interest compounded quarterly, how much will his investment be…

A: Given: Frank invests $11,400 at 3.7% interest compounded quarterly. To find: Investment's worth in 9…

Q: Find the accumulated present value of a 11-year $70,000 continuous income stream that has been…

A:

Q: Suppose that $7,000 is invested at 4%, compounded semiannually. How much is in the account at the…

A: Amount for compound interest:If P amount of money is invested for t years at r% rate of interest…

Q: Suppose $25,000 is invested at an annual rate of 8% for 16 years. Find the future value if interest…

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Q: How much would you have to pay into an account at the beginning of every 3 months to accumulate…

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Q: How long was P30,000 invested at a bond growing at an average rate of 8.25% compounded monthly if…

A:

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

A:

Q: Assume that a bond pays 114+ 8t, in year t from the present, for 10 years, and that its interest…

A: Here , we can find what is the total amount after 10 years by the eq. 114+8t. By putting t=1and then…

Q: 3. If interest is compounded quarterly, how much will P100,000 be at the end of one year at 12%?

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Q: In 19 years, Anthony Oaks is to receive $300,000 under the terms of a trust established by his…

A: It is given that, the time period is t=19 years,  Future Value (FV)=$300,000 rate of return…

Q: Find the present value of amount. $26,000 if interest is 3.75% compounded continuously for 7 years

A: Given: $26,000 if interest is 3.75% compounded continuously for 7 years. To Find: The present value…

Q: Suppose $19,000 is invested in an account with an APR of 5.1%. a. If the interest is compounded…

A: NOTE: Refresh your page if you can't see any equations. . P=19000 r=5.1%=0.051 t=10 years

Q: If $30,000.00 is invested 6 1/4%(six and one fourth percent) compounded quarterly for 8 years, how…

A: Given,            P = $30,000.00  ; r = 614%=254%=0.0625 and time = 8 years

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: s) How much should be invested now so that in 10 years there will be $7,000 in an punt that offer a…

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Q: If the interest is compounded quarterly, find the nominal rate at which P1,996 accumulates to P3,500…

A: Introduction :

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: Find the present value of a $25,000 annual income stream if it is invested immediately as it is…

A: In the given problem the future value is 25000, the interest rate is 7% and the time period is 15…

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

A: Given that : Principle = $8000 Rate = 9.2 % per year = 9.2% / 12 per month Time = 1 (1/2) year = 18…

Q: Suppose that $7,100 is invested at 4.5% annual interest​ rate, compounded monthly. How much money…

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

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Q: Find the present value of $10,000 due in 8 years if the interest is 4.8% compounded continuously. O…

A: topic- exponential function

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: Checking Homework. Show Work.

A:

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

A:

Q: Suppose $50,000 is invested at l2% interest compounded monthly. In how many years will it be worth…

A: Given p=$50000 r=12%=12/100=0.12 compoundrd monthly n=12 A=$1, 000,000 t=?

Q: account offering 4% per year, compounded semiannuall

A:

Q: 1) Suppose a credit card borrower has a debt of $4000 with an interest rate of 24%. Assume the…

A: Formula for the compound interest is given by,

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: Suppose $16,000 is invested in an account with an APR of 4.7%. If the interest is compounded…

A: Given  Amount invested= $16,000 APR= 4.7%

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

A:

Q: 31. What rate of interest compounded annually is required to double an investment in 3 years? How

A: Suppose A be the amount, P be the principal, r be the rate of interest and t be the time for n times…

Q: How long was P30,000 invested at a bond growing at an average rate of 8.25% compounded monthly if…

A:

Q: (a) How long does it take for an investment to triple invalue if it is invested at 6% compounded…

A: (a). When interest is compounded periodically then formula for amount is given as: A=P1+rnnt, where…

Q: 12.) What is the rate on an investment that doubles $3171 in 14 years? Assume interest is compounded…

A: Let the rate of interest be r/ year.Since the interest compounded quarterly, the rate of interest…

Q: Find the present value of $51,714.38 due in 8 years at an interest rate of 6%/year compounded…

A:

Q: For the 2009 fiscal year, Lowe's Companies, Inc. reported an annual net income of $48,230,000.…

A: Given: For the 2009 fiscal year, Lowe's Companies, Inc. reported an annual net income of…

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

A:

Q: If $400 is invested at 17% compounded quarterly, what is the interest earned after: a) 6 years…

A: FV = Future Value   PV = Present Value   r = rate of interest   n= no of period