An investment made 7 years ago has accumulated to Php 32,500. How much was invested originally if the 13% interest has been compounded semiannually?

Q: Accumulate ₱54,000 at 11.75% interest when compounded semi-annually for 3 years and 5 months

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Q: Five years ago, a trust fund amounting to Php 45,000 was invested at 13% compounded annually. Find…

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Q: If Tina wants to earn 10% annual simple interest on an investment, how much should she invest to…

A: This question is based on simple interest formula.

Q: On January 1st 2021, an amount of 25000 dollars is invested in a tuition savings account and is kept…

A: Given: Amount Invested P=25000 dollars Time t=20 years Interest rate r=4%=0.04 To find : Amount of…

Q: Yoy deposit $200 each month in an account earning 3% interest compounded monthly. How much total…

A: Given that $200 deposited each month in an account and earning 3% interest compounded monthly.

Q: I have $1,000 in an account which pays 5.45% annually compounded interest. Assuming this interest…

A: Given, Principal amount, P= $1,000 Interest rate, r = 5.45% = 0.0545 Future Amount, A= $2,000…

Q: The buyer of a lot pays Php. 50,000 cash and Php. 14,500 every month for 10 years. If money is 8%…

A: We will find out the required value.

Q: Kaya has made deposits of ​$660 at the end of every six months for eight years. If interest is 5​%…

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Q: Suppose that you invested in a mutual fund that guaranteed 6.5% annual interest, compounded monthly.…

A: given p=principle=$3500r=rate per annum=6.5%n=4 =time we have find A…

Q: $25,000 is deposited into an account that pays 6.75% interest compounded continously. How long will…

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Q: Duke invested $12000 into an account earning 7.5% interest compounded quarterly. Find the value in…

A: Given: Principal amountP=$12000, interest rate quarterlyr=7.5%, timet=20 years We know that if…

Q: On Melissa's 6th birthday, she gets a $2000 CD that earns 3% interest, compounded semiannually. If…

A: `Given P=$2000, i=3%=0.03, t=13,n=2(compounded semi annually) Formula for amount is A=P1+rnn×t

Q: Find the present value of 370,000 php due in 2 years if the money is invested at 7% compounded…

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Q: If money is worth 9% compounded annually, find (a) the present value of Php 24,000 due in 8 years…

A: Given that: Money worth 9% compounded annually. Future amount : Php 24000 Time : 8 years

Q: How long it will take if Php 15,000 amounted to 30,000 as simple interest is calculated at 9.5% per…

A: To find how long it will take if Php 15,000 amounted to 30,000 as simple interest is calculated at…

Q: Mark deposited P1,200 in an account that pays 3 ½% compounded monthly. He continues to deposit the…

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Q: For her 2nd birthday claudias parents invested $9,000.00 in an 13 year certificate for her that pays…

A: Given  Principal = $9000.00 rate = 7% compounded every 2 months time = 13 year

Q: If $500 is deposited in an account paying 8.4% annual interest, compounded semiannually, how long…

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Q: At the end of 6 months, Mr. White pays Php 12,500.00 per month to the bank for 5 years for the car…

A: Given:  P(Principal amount per month)=$12500 R(Rate of…

Q: How much should Allyson put into 6% saving account in order to have Php. 100,000.00 in 5 years?

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Q: What amount must be deposited by a 20-year old student in a bank that pays 5% compounded annually so…

A: As A = P(1+r)t where A = final amount  P = Principal Amount  r = interest rate t = time

Q: If Php 25,000 is invested at an annual interest rate of 12% compound a. annually b. quarterly c.…

A: Given : Investment amount = Php 25000Rate = 12% and time = 2 years

Q: How much money should be invested in an account that earns 3.25% interest, compounded monthly, in…

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Q: On Melissa's 6th birthday, she gets a $2000 CD that earns 3% interest, compounded semiannually. If…

A: P=$ 2000  time T = 15 – 6 = 9years Interest 3% semiannually Then futur value = P(1 + (R/2)/100)2t =…

Q: Cardo Dalisay borrowed Php 160,000 at 7½% per annum simple interest. On the same day, he lent it to…

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Q: A money market account pays 5.2% annual interest, compounded daily. If $100,000 is invested in this…

A: Given- P=$100,000,r=5.2% and total interest=$10,000. To find- The time that will take to accumulate…

Q: Calculate the compounded amount if Miya deposited Php 30,000 in a bank which pays 8% compounded…

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Q: You deposit Php 1000 each year into an account earning 5% interest compounded annually. How much wi…

A: Formula: F=A×1+rn-1r where A=Deposited amount each time period r= Interest rate n= Number of…

Q: If you deposit 4000$ into an account paying 6% annual compound interest monthly, how much will be in…

A: NOTE: Refresh your page if you can't see any equations. . P=4000 r=6%=0.06 n=12 for monthly compound…

Q: How much interest is earned in 6 years on Php 8000 deposited in an account paying 9% interest,…

A: To find  How much interest is earned in 6 years on Php 8000 deposited in an account paying 9%…

Q: You deposit Php 4000 each year into an account earning 4% interest compounded annually. How much…

A: Let us consider the principal amount P at the rate of interest R% compounded annually for the period…

Q: On January 1st 2021, an amount of 25000 dollars is invested in a tuition savings account and is kept…

A:

Q: if $3500 earned simple interest of $153.13 in 7 months, what was the simple interest rate

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Q: Find the present value of 370,000 php due in 2 years if the money is invested at 7% compounded…

A: Formula for compound interest : given A = 370000 r = 7% = 0.07 n = 12 ( as it compounded monthly )…

Q: If a bank pays 11% compounded monthly, how much should be deposited now to have $1100 in 6 years…

A: Let the amount to be invested be P (principal)

Q: Find the principal invested if $495 interest was earned in 3 years at an interest rate of 6%.

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Q: A savings account earns 5% interest each year, compounded monthly. If a person invests $300 and…

A: We need to find balance after 3 years.

Q: 2. Php8 000 is invested in an account that yields 6% interest per year. After how many years will…

A: Here are the solutions:

Q: In order to help pay for his trip abroad for his spring semester of his senior year in college, Marc…

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Q: compounded

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Q: Za'Dajha deposited $2,500 into an investment account that earns 8% interest compounded annually.…

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Q: A Php 500,00.00 trust-fund was set up and to be used by an 8-year old niece when she goes to…

A: It is given that, Principle value , P=50000 Time =10 years Interest Rate, r=9.75%=0.0975 Since,…

Q: Mr. Ribiya would like to save 500,000 for his son’s college education. How much should he deposit in…

A: Compound interest formula: P = P0{1+(r/n)}nt ,where P0 = initial principal balance,     P = future…

Q: If a bank pays 16% compounded quarterly, how much should be deposited now to have $1200 in 6 years…

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Q: On Melissa 6th birthday, she gets a $2000 CD that earns 7% interest, compounded semiannually. If the…

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Q: After 5.63years, the principal amount tripled. If the interest rate is 5%. What is the method of…

A: Use the formula for the compound interest and then find the method.

Q: Ho saved RM25000 at 8% compounded monthly. Two years later, he withdrew RM15000 from his savings.…

A: Given information: Consider Initial amount P=25000 rate of interest r=8100=0.08 n=12 t=2 The formula…

Q: Hannah expects to receive Php 200,000 five years from now. How much is the money worth now if the…

A: Given Future amount = A = Php 200,000 Time = t = 5 years Interest rate = r = 10% compounded monthly