65. Investment How much money should be invested every quarter at 12% per year, compounded quarterly, in order to have $10,000 in one year?

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…

Q: 12. How long will it take an investment of of $7,000 to triple in value if it is invested at 6.5%…

A:

Q: 12) After learning about finances in grade 11, you decide to put money and at the en of every month…

A:

Q: 8.) Jess wants to have one million dollars when she retires in 35 years. How much should she invest…

A: We can directly calculate the principal amount using the continious interest formula.

Q: 5. Compare the annual interest earned over a 5 year period on a $1000 investment at: a. 8% per year…

A:

Q: How much interest will you earn if you invest $5100 for 4 years at a simple interest rate of 6%…

A:

Q: You decide to invest $7,500 into an account that pays 1.1% annual compound interest. How many years…

A: The given problem is You decide to invest $7,500 into an account that pays 1.1% annual compound…

Q: 4) $9.000 is invested at 12% for 3 years. Find the ending balance if interest is compounded yearly.

A:

Q: How much interest will you earn if you invest $800 for 3 years at a simple interest rate of 7%…

A: Principal Amount, P = $800 Time, t=3 yrs simple interest rate, r=7%=0.07 To evaluate : The interest…

Q: You are currently investing your money in a bank account which has a nominal annual rate of 7…

A:

Q: Question: How much should be invested in a fund each month paying 2.1% interest compounded monthly…

A:

Q: an employee wants to invest $50,000 in a pension plan. One investment offers 6% compounded…

A:

Q: 5. Carol deposits $1000 into an account with annual yield of 5.4% compounded quarterly and $600 into…

A: Here we find the time t for equal amount.

Q: 4. Suppose you deposit $2000 in a savings account that pays interest compounded quarterly at a rate…

A:

Q: 10. You decide to invest $1000 at the beginning of every year. If your rate of return is 3%…

A: here we have PMT=1000 n=1 for annual payment r=3%=0.03 t=5 years

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: An investment grew by 4% in the first year, 6% in the second year and 10% in the third year with…

A: Annual average growth rate is calculated as sum of each year growth rate divided by the number of…

Q: VNBA advertises a savings account that pays 8% nominal interest rate compounded monthly. What is the…

A:

Q: 2. A $15000 investment earns 14.25% interest, compounded semi-annually. Approximately how long will…

A: topic - exponential function

Q: Barbara knows that she will need to buy a new car in 3 years. The car will cost $15,000 by then. How…

A:

Q: John Lee's savings account has a balance of $1,251.00. After 5 years, what will the amount of…

A:

Q: 2. If you invest $10,000 in a bank which one is a better investment? a) 9% compounded monthly b)…

A: See the attachment

Q: How much should a mother invest at the time her daughter is born in order to provide her with…

A: A mother invest at the time her daughter is born in order to provide her with$95,000 at age 18. The…

Q: a. Bank Nizwa offers a saving account at the rate 21% simple interest. If you deposit RO 955 in this…

A:

Q: 52 You are the loan shark. What is $1 worth after a year of continuous compounding at 1% per day?

A: To find  $1 worth oafter a year of continuous compounding at 1% per day.

Q: How much should you invest each month in order to have $500,000 if your rate of return is 2.3%…

A: Given amount is A=$500,000. Since you have posted a question with multiple sub-parts, we will solve…

Q: 6) Sam opened a bank account with an interest rate of 4.8% that is compounded annually. He invested…

A:

Q: Solve the problem. How much money should be deposited today in an account that earns 6% compounded…

A:

Q: -) How long will it take a saving account which is simple interest paid per year, to double in value…

A: Hi! Thank you for the question, As per the honor code, we are allowed to answer one question at a…

Q: Finance. A person wishes to have $23,900 cash for a new car 3 years from now. How much should be…

A: 1 year consists of 52 weeks. So, the interest will be compounded 52 times annually. The formula for…

Q: 5. Lucy wants to have $18 000 in her account 3 years from now to buy a car. How much must she invest…

A: Target (T) = $18000  Time (N) = 3 years  =  36 months Annual intrest percentage = 7.2% per annum…

Q: Suppose that you have opened a saving account with an initial deposit of $5,600. The account offers…

A:

Q: 26. If $100 was invested for 50 years. (a) How much will you have at the end of 50 years if invested…

A: a). Given,

Q: Boost Mobile 12:19 AM C 95% Victoria deposited $9,000 in a savings account earning 6% interest,…

A:

Q: How much will you need to save per month to have $200,000 after 12 years, if your account earns 5%…

A: This question can be solved using the concept of annuity.

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: 7. You have $750,000 at retirement and you want to draw interest only to live on. How much can you…

A:

Q: How much money should be invested in an account that earns 9% interest, compounded quarterly, in…

A:

Q: 5) You want to invest $5000. What nominal interest rate, compounded annually, would you need in…

A: We have given P=$5000,  A=$10,000  t=7 years find r % we know that compounded interest formula…

Q: 13. Use the compound interest formula(s) to solve: Suppose that you have $5000 to invest. Which…

A: Compound interest

Q: Which is preferable? An interest rate of 7.5% p.a. compounding daily or an interest rate of 7.30%…

A:

Q: Amanda’s credit card APR is 19.77% compounded daily. What is her actual interest rate per year?…

A: the credit card compounds the interest in daily basis with a rate of interest as 19.77%

Q: 2. Amy invested $5,600 in a five year CD that pays eight percent compounded quarterly. What is the…

A: Compound Interest formula,A= P1+rnntWhere,A= future value or final amountP = investment or initial…

Q: 7) The doubling time for a certain bacteria population is 3 hours. What is the growth rate? Round to…

A: topic - exponential function  growth rate is 26.0% per hour

Q: How much more is earned by investing $1,500 for 10 years at an interest rate of 5% compounded…

A: When the interest is simple, then the formula used is, A=P(1+rt) , where, A is the final amount, P…

Q: 1.Martha invest $8500 at an annual rate of 5% compounded quarterly per year. How much money will she…

A:

Q: 17. Abuali needs $30 000 in 5 years to buy a new car. How much must he invest now in a GIC paying…

A:

Q: Stark Industries, wants to set up a trust fund for its new research facility, earning 12% compounded…

A: The rate of interest is 12%. The periodical payment is 10 million. We need to calculate the amount…

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

A:

Q: A credit card offers a borrowing rate of 18% compounded daily. What is the effective rate as a…

A: Note that: Effective rate =1+inn-1 where i is the interest rate and n is the number of periods Here,…