9) If Juan invests $7,000 at 6% annual interest rate compounded semi-annually Tor 12 years, how much will he have at the end of the twelve-year period? How much interest will he earn over the twelve years?

Q: Jomai borrowed P6,666.00 to be paid after 2.5 years with interest at 15% compounded semiannually and…

A: Given: Jomai borrowed P 6666.00 for t=2.5 years and the interest rate 15%(compounded semiannually),…

Q: 4. If you pay P50.00 at the end of each month for 40 years on account that pays interest at 10%…

A: *** This is the problem related to financial mathematics and we are advanced math expert and have…

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: Suppose that you had the opportunity of investing 5000$ in a business such that the value of the…

A: Given  that Investing 5000$ in a business increases the value to 6300$ after 5 years.

Q: If the parents in part e invested $10,000 in an account paying 8%, compounded quarterly, how much…

A:

Q: 3. At a certain interest rate compounded annually, P100,000 will become P450,000 in 15 years. What…

A:

Q: suppose a state lottery prize of $3 million is to be paid in 20 payments of %150000 each at the end…

A: Explanation of the solution is given below...

Q: Suppose you borrow $7,500 from a bank that charges 4% interest compounded monthly. How much will you…

A: From the given information, it is observed that the Principal is P = $7500, the rate of interest is…

Q: )If the same two $15,000 deposits are made (at time 0 and end of year 4) into a different account…

A: Principal amount= 15000$ Intrest = 8.4 Compund intrest quarterly.

Q: To help with a down payment on a home, Henry is going to invest. Assuming an interest rate of 1.65%…

A:

Q: If $1800 is deposited in anaccount that pays 2.7% annual interest compounded monthly, what amount…

A: P=$1800r=2.7%=2.7100=0.027t=9n=12

Q: A young couple wants to have a college fund that will pay $35,000 at the end of each half-year for 8…

A:

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: A $9,000 loan borrowed today is to be repaid by 3 equal payments due 7 months from now, 3 year and 4…

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: What sum must be deposited today at 10 % per year compound quarterly, if the goal is to have a…

A: Let S be the sum deposited . and Let A be the compound  amount i.e. A=$50,000 Now t=6 years It is…

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

A:

Q: A mutual fund pays 7% compounded monthly. How much should I invest now so that 2 years from now I…

A: fomula A=P(1+rn)nt

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 amount should a person deposit today in a bank investment that pays 1.13% per month compounded…

A: Let the current funds deposited be X. Now expressing the question as an equation  Current…

Q: 3. If a sum of money amounts to $ 6200 in 2 years and $ 7400 in 3 years under simple interest, then…

A: Principal= $ 3800  For detail go through the solution...I have solved step by step in detail

Q: Suppose a recent college graduate's first job allows her to deposit $250 at the end of each month in…

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

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Q: A payment of $700 is due in 3 years, and $5,000 is due in 5 years. What single payment made today…

A: Solution of given question is written in below steps.

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

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Q: Emily Dorsey's current salary is $68,000 per year, and she is planning to retire 18 years from now.…

A: Given: Salary of Emily is $68,000 per year, she will retire after 18 years, annual increase in…

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

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Q: Josh is planning to withdraw $8000 from a savings account at the end of each quarter for 3 years. If…

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Q: If a lender charges 12% interest, compounded quarterly, what effective annual interest rate is the…

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

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Q: A company establishes a sinking fund to discharge a debt of $750,000 due in 8 years by making equal…

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Q: How much should be invested in an account paying 9% compounded daily for it to accumulate to $5,000…

A: How much should be invested in an account paying 9% compounded daily for it toaccumulate to $5,000…

Q: A family is saving up for a house payment. If they deposit $400 each month into an account that pays…

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Q: 2. Suppose Ms. Tran invested $1000 at an interest rate of 4% compounded quarterly for 6 years. What…

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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: What annual deposit is necessary to have $10,000 in 9 years if all the money is deposited at 1.5%…

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Q: Suppose a state lottery prize is worth 7 million is to be paid in 10 payments of $700,000 each at…

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Q: Is it true that if maxine deposited 1000 dollars into an account that pays 4.5% intrest , compounded…

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Q: An individual's salary is now $50,000 per year and he anticipates retiring in 30 more years. If his…

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Q: To prepare for an upcoming equipment purchase, the finance team at Canada Wire Corp. has invested…

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Q: 2. ABC bank pays interest at the rate of 2% compounded quarterly. How much will Ken have in the bank…

A: *** This is the problem related to financial mathematics and we are advanced math expert and have…

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

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

A:

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

A:

Q: What is the amount of 10 equal annual deposits that can provide five annual withdrawals, when a…

A: interest rate  r=8%  =0.08 1st year withdrawal=$3000 according to question, subsequent withdrawals…