7.) Imani is investing $25000 in a mutual fund that pays 2.3% interest compounded weekly. How much will this be worth in 10 years?

Q: If lottery winnings of Q are invested now at an interest rate of 9%, how much is available to help…

A: If lottery winnings of Q are invested now at an interest rate of 9%, how much is available to help…

Q: 28. An investment offers an annuity that pays 5.5% compounded monthly. What equal monthly deposit…

A: From given A = 50,000, r = 5.5% and n = 5(12) = 60.

Q: to have that amouni WiieTL I3 10. Berna borrowed from a cooperative Php 180 000 to be paid in 2 and…

A: Solution:

Q: If Nerissa’s savings deposit yields 5%compounded quarterly, should shechange her investment to a…

A: According to the question we have to check the net multiplying factor.

Q: What interest rate was applied if a loan of P54, 300 will amount to P83, 000 after 2 years and 6…

A: We need to find the interest rate applied if a loan of P54, 300 will amount to P83, 000 after 2…

Q: 2. Ricky is 35 years old. He plans to retire when he is 63. He has opened a traditional retirement…

A: We will solve the following.

Q: 2. A car is being sold for P15,000 per month for 10 years at a monthly interest rate of 10%. Find…

A:

Q: How much should be deposited in an account paying 6% interest compounded monthly in order to have a…

A: For compound interest, we use this formula: A=P1+rnnt A is the final amount of money P is the…

Q: The Pierras are planning to go to Europe 3 years from now and have agreed to set aside $180/month…

A: Given  The periodic payment $180 per month Periodic interest rate is 2%/year periods per year is 12…

Q: A landlord needs to update a rental house due to it's age, so it can be habitable again. If he has…

A: Given: Monthly payment PMT = $1,400.00 Rate of interest = r = 3% = 0.03 Number of years = t = 2…

Q: 3. What amount must be invested now in savings account earnings 996 compounded quarterly to…

A:

Q: 4. A consumer loan of P80,000 is obtained that is due 3 months from now. If interest  rate is 8%…

A:

Q: 2. What equal payments at the beginning of each 2 months for 4 years will discharge a debt of P 18o,…

A: As per our guidelines, we are supposed to solve only first question. Kindly repost other question as…

Q: 8. What amount of money is equivalent to receiving $5000 two years from today, if interest is…

A: $5000 two years from today, interest is compounded quarterly at the rate of 2.5 per quarter

Q: How much loan will be extinguished for a monthly amortization of P4, 500.00 at 12% interest…

A:

Q: 8. A loan of 67,000 pesos is to be amortized by paying quarterly in 1 year. If the money is worth…

A:

Q: 7. An investment account pays 3.9% interest compounded semi-annually. If $4,000 is invested in this…

A: We are given,Principal P = $4000Rate , r = 3.9% = 0.039Interest is compounded semi-annually then ,…

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

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

Q: What would be the selling price of a 10-year bond with a face value of P100,000, interest at 20%…

A:

Q: 3)if a child is given $25,000 at birth and that amount is invested at 9% annual interest, at what…

A:

Q: 7. At what simple interest rate per annum will P20,000 accumulate to P25,000 in 3 years?

A: Note: We will answer the first question only as the exact one is not specified. Please resubmit the…

Q: What simple interest rate will convert a $200 investment into $220 in one year?

A: we know the formula: simple interest (SI)=P×r×t100 where P is the principle(investment) amount, r is…

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

A: Given that principle amount P= 5000 Rate of interest r = 4 Time n= 2 Compounded quarterly Amount A =…

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

A:

Q: A $27,000, 7% bond redeemable at par with interest payable annually is bought 9 years before…

A:

Q: A person wants to invest $11,000 for 3 years and is considering two different investments. The first…

A: Given,  a person wants to invest $11, 000 for 3 years and is considering two different investments.…

Q: 1) Pranav invests $2,310 in a savings account with a fixed annual interest rate of 7% compounded 12…

A:

Q: At the time of a child’s birth, $10,000 was deposited in an account paying 3% interest compounded…

A: Quarterly rate is determined by dividing annual rate by 4.

Q: At what interest rate will a principal of P9,500 accumulate to P15,000 in 2 years noounded…

A:

Q: A debt of $8,800 is to be amortized with 8 equal semiannual payments of $1,417.12. If the annual…

A: SOLUTION-

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

A: Compound interest

Q: How much money has to be invested today in a security that promises to pay 7500 Omani Riyals at the…

A:

Q: 2. Will wants to set up an account to be used for travel when he retires in 30 years. He is able to…

A: According to the company policy, we can answer only first question

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

A:

Q: 2. What is the monthly payment for a loan of 100,000 over 5 yea nominal interest rate is 12%…

A: This is a problem of financial math, series.

Q: 1. A business loan of 1,200,000 pesos is to be paid in full after 5 years. If the interest rate is…

A: Multiple questions-"As per our guidelines we are suppose to answer only one question.Kindly re-post…

Q: 9) If Juan invests $7,000 at 6% annual interest rate compounded semi-annually Tor 12 years, how much…

A:

Q: 3. Find the present value of 10 semi-annual payments of P 3, 000 each if the first payment is due at…

A:

Q: 2. A Php1,000,000-trust fund was set up and to be used by an 8-year old nephew when he goes to…

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

Q: 4. Amal wants to have $40000 available for a down payment on a house in 10 years. How much should…

A: Since you have asked multiple questions in a single request so we will be answering only first…

Q: If a loan of P45, 000 will amount to P76, 400 when converted quarterly for 3.25 years . what…

A:

Q: A $5000 bond with a coupon rate of 6.25% and redeemable in two years was purchased when the yield…

A: Given that P is 5000 The coupon rate is 6.25% And the yield rate is 7.75%. The formula is,…

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

A:

Q: At what interest rate must $112,000 be invested so that it'll be worth $392,000 in 14 years?

A:

Q: The management of Gibraltar Brokerage Services anticipates a capital expenditure of $20,000 in 2…

A:

Q: What annual rate of simple interest is necessary to give interest of $416 on a principal of $800…

A:

Q: What is the total investment of $3500 compounded quarterly for 8 years at a rate of 5%? And what is…

A:

Q: 14. At what simple interest rate per annum will P20,000 accumulate to P25,000 in 3 years?

A:

Q: A loan of P 50,000 is-to be amortized by paying quarterly in 1 year. If money is worth 10%…

A: Since you have posted multiple questions and we can answer one question. So, answered question…