An investment fund pays 5% per year, compounded semi-annually, on all money invested. How much must be invested now to have $8 000 in three years' time?

Q: A company needs $7,000,000 in 10 years in order to expand their factory. How much should the company…

A:

Q: The cost of a four-year private college education (after financial aid) has been estimated to be…

A: Given data,   Here p is amount invested. This quantity is to be found. t is number of years. Here…

Q: Regina wants to have$280,000 in 20 years to buy a vacation home. To reach this amount, how much…

A: Consider the given information. The total amount after 20 years is $280,000. The total number of…

Q: An amount of $42,000 is borrowed for 10 years at 5% interest, compounded annually. If the loan is…

A: The amount to be paid back  is computed using the formula,

Q: In order to establish a sinking fund of $125,000, how much will have to be invested at the end of…

A: Solution...

Q: How much will have to be invested at the beginning of each year at 6%, compounded annually, to pay…

A: If P is the principal amount invested compounded annually at a rate r for time t years then the…

Q: How many years are required for your money to triple if it is invested at 9% compounded? a. annually…

A:

Q: How much money will be in your account three years after the previous deposit? If you make six…

A: The given data is: P=$2000 r=10%t=3 years Given that compounded semi-annually, therefore Interest…

Q: how much will deposits of dollar 200 made at the end of each quartar amount to after 9 years if…

A: The process of depositing an amount after each fixed time is called recurrent deposits. The final…

Q: A company needs $8,000,000 in 5 years in order to expand their factory. How much should the company…

A: Solve for investment in each week

Q: How much should Rebecca have in a savings account that is earning 3.50% compounded semi-annually, if…

A:

Q: 2. How many years will it take for an investment to double in value if it earns 5% compounded…

A: Interest compounded annually is calculated by the formulas, A=P1+r100t…

Q: How much must be invested at the beginning of each year at 11%, compounded annually, to pay off a…

A: Given: The future value is $60,000. The time duration is 8 years. The interest rate is 11%…

Q: If compounded monthly, a loan will be amounting to P132, 400.00 if invested at 11.5% interest for…

A: The solution to the given question is explained below.

Q: How much should you put in an investment paying a simple interest rate of​ 5% if you needed​ $4000…

A: Consider the provided question, Given, rate of interest = 5% time = 18 months = 1812 years Future…

Q: If you invest $10,000 at an interest rate of 3.2% compounded monthly, when will your investment be…

A: Initial amount=P=$10000Final amount=A=$15000Interest rate=r=3.2%=0.032Time=t=?Number of times…

Q: If you want to accumulate $ 28,000 in 5 years to purchase a car, how much you need to invest today…

A:

Q: n how many years will the amount of P10,000 triple if invested at an interest rate of 10% compounded…

A:

Q: How much will you get out after 12 years if you put away 1800 at 6% compounded monthly?

A:

Q: An investment fund pays 10% per year, compounded quarterly, on all money invested. How much must be…

A:

Q: A $5800 investment is made for a three-year period at an interest rate of 5.4% per year, compounded…

A:

Q: How much will an investment of $5,000 be worth in 8 years if it earns 2.2% in annual interest…

A:

Q: An investment fund pays 9% per year, compounded quarterly, on all money invested. How much must be…

A:

Q: If Gabriel wants to accumulate $ 20,000 in 6 years to buy a car, how much would he need to invest…

A: The compound interest formula is A = P1 + rnnt In the formula, A = Accrued amount (principal +…

Q: . Shirl started to deposit P18,000 semi-annually in a fund that pays 5%E compounded semi-annually.…

A: Given query is to find the amount wccumy after 10 years.

Q: How much must be invested at the beginning of each year at 10%, compounded annually, to pay off a…

A:

Q: What monthly payments should Angela pay to save $93,000 in 19 years if money can earn 4.8%…

A:

Q: How much must a person put into the bank today if he wants $50,000 in 5 years at 6% compounded…

A: Sol

Q: Suppose you want to borrow $20,000 for a new car. You can borrow at 6% per year, compounded every…

A: P = monthly payment PV = loan amount r = rate of interest n = number of periods

Q: Shawn invested $130 at the end of every month into an RRSP for 13 years. If the RRSP was growing at…

A:

Q: If it takes 12 years and 5 months to double your money (compounded quarterly), how long would it…

A: To determine the time t it will take for the investment to double.

Q: How much should a business save at the end of every quater if they need $100,000 in 5 years to pay…

A:

Q: . An investment fund pays 12% per year, compounded monthly, on all money invested. How much must be…

A:

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

A: The savings obtained by investing an amount P at an interest rate of r % (compounded monthly) for t…

Q: A company needs $5,600,000 in 8 years in order to expand their factory. How much should the company…

A: To find P if the interest compounded weekly, substitute 5600000 for A, 8 for t, 0.08 for r and 52…

Q: Find how much Sally would have to invest now at 6.25% compounded quarterly in order to have $15,000…

A: This question is based on compound interest.

Q: What annual rate of interest compounded annually should you seek if you want to triple your…

A:

Q: How much should you set aside and invest in a fund earning 9% compounded quarterly if you want to…

A: We need to find the amount of money that must be invested to accumulate P200,000 in 3 years and 3…

Q: How much did Speedy Movers borrow for a debt that accumulated to $51,034.26 in four years? The…

A: Given, Amount(A)= $ 51034.26 t= 4 years r= 3.25%= 0.0325 n= 2(semi-anually)

Q: How much more will an investment of $10,000 be worth after 25 years if it earns 6% compounded…

A:

Q: If you want to accumulate $ 28,000 in 5 years to purchase a car, how much you need to invest today…

A:

Q: If saving account awards interest of 3 percent per year compounded semiannually, what amount must…

A: In case of interest compoundedly semiannual Rate = annual rate/2 Time = 2* annual time Hence rate=…

Q: How long it would take to double an invesment if the rate of interest is 10% compounded quarterly?

A: Follow the procedure given below.

Q: A company needs $4,300,000 in 14 years in order to expand their factory. How much should the company…

A: Future value of investment, FV=$4,300,000 Interest rate per week, r=9.1%52=0.09152=0.00175 No. of…

Q: A couple needs $55,000 as a down payment for a home. If they invest the $40,000 they have at 12%…

A: THE COMPOUND INTEREST FORMULA Compound interest can be calculated using the formula…

Q: How much must be invested at the beginning of each year at 9%, compounded annually, to pay off a…

A:

Q: How much did Speedy Movers borrow for a debt that accumulated to $58,040.76 in five years? The…

A: To find out the borrowed amount.