At what interest rate compounded quarterly is Php 50,000 deposited if it balloons to Php 85,000 in 5 years? 8.65% 10.75% O 13.45% 4.85%

Q: What interest will be earned if $6600 is invested for 4 years at 12% compounded monthly? (round to…

A: Given that, $6600  invested for 4 years at 12% compounded   compounded  monthly.    want to…

Q: Find the nominal interest rate compounded daily that corresponds to an effective rate of 4 %- 4

A: Effective interest rate=1+rnn-1

Q: What nominal interest rate compounded monthly is equivalent to 4.50% compounded quarterly?

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Q: Mr. Chua had a P50,000 business loan that is to be paid for 1 year. If the interest rate is 10%…

A: Solution :-

Q: monthly

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Q: If $11,000 is invested at 3% compounded monthly, what is the amount after 5 years? The amount after…

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Q: Jasica Parker would like to have $75,000 to buy a new car in 6 years. To accumulate $75,000 in 6…

A: Solution :-

Q: What will be the compound interest on a sum of ₱25,000 after 3 years at the rate of 12% per annum?

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Q: How much compound interest will Sue earn by investing $20,000 at 4.1% p.a. over a four year period,…

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Q: What lump sum do parents need to deposit in an account earning 13%, compounded monthly, so that it…

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Q: Assuming that you invest $13,000 in the United States, how long (to the nearest year) must you wait…

A: The formula for compound interest is, A=P1+r100n where, A is compounded amount P is the Principal…

Q: What lump sum must be invested at 8%, compounded quarterly, for the investment to grow to $30,000 in…

A: we will useA =P1+rnntGiven A =$30,000r =0.08n=4      (quaterly)t =12 years

Q: How much must be deposited now to withdraw $4,000 at the end of each year for 20 years if interest…

A: Calculate the present value of an ordinary annuity by using tables use the following steps. Step 1.…

Q: What lump sum do parents need to deposit in an account earning 8%, compounded monthly, so that it…

A: Given:

Q: At what interest rate compounded semi-annually will P15,000.00 accumulate to P25,000.00 in 10 years?

A:

Q: A credit card has a compound interest rate of 22.5% per year on overdue balances. How much interest…

A: According to question given thatCredit card interest rate= 22.5% per yearBalance= $485.00

Q: The interest rate on a GIC is 4.50% compounded quarterly. What is the purchase price of the GIC if…

A: Find purchase price of GIC

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: A loan of P72, 000 after 3 years will amount to P128, 600 compounded monthly. What interest rate is…

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Q: A couple who borrow $100,000 for 20 years at 6%, compounded monthly, must make monthly payments of…

A: The unpaid balance after the kth payment is defined as An-k=M1-(1+r)-(n-k)r where r is the rate of…

Q: s) How much should be invested now so that in 10 years there will be $7,000 in an punt that offer a…

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Q: At what interest rate must $5600 be compounded annually to equal $13,057.18 after 11 yr? Round to…

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Q: What is the interest rate compounded quarterly if 2,500,000 pesos is invested and the amount became…

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Q: If an investment grew to $13,500 in 3 years and the interest amount earned was $1,531.34, calculate…

A: To find out the compound interest.

Q: If the interest is compounded quarterly, find the nominal rate at which P1,996 accumulates to P3,500…

A: Introduction :

Q: find the present value of $75,000 if interest is paid at a rate 3% per year, compounded monthly for…

A: Only you have to careful what the question saying...wheather it is compounded yearly or compounded…

Q: 1) Brenda invests $4,848 in a savings account with a fixed annual interest rate of 5% compounded 2…

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Q: 5a. $10,000 is borrowed at 6% per year compounded monthly. What is the effective annual interest…

A: $10,000 is borrowed at 6% per year compounded monthly.

Q: How much should be paid monthly into an account paying 6% interest compounded monthly so that the…

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Q: Find the present value of $30,000 due in 6 years at an interest rate of 8%/year compounded monthly.

A: Given:Find the present value of $30,000 due in 6 years at an interest rate of 8%/year compounded…

Q: Allison is 34 years old and plans to retire at age 65 with ​$1,380,000 in her retirement account.…

A: Given: Final amount is $1,380,000 Interest is 4% that is compounding daily Time is 31 years (from…

Q: What lump sum must be invested at 10%, compounded monthly, for the investment to grow to $65,000 in…

A: We have to find a lump sum that must be invested at 10%, compounded monthly, for the investment to…

Q: given the current interest rate of 6% compounded annually.find the present value of $10000 to paid…

A: Given Amount (A) = 10000 Interest rate (r) = 6 We know that A = P1+r100n , where n is the time For…

Q: What lump sum do parents need to deposit in an account earning 12%, compounded monthly, so that it…

A:

Q: If the present value of a cash flow at an annual rate of interest of 4.5% is $30000, what is the…

A: When the interest is compounded, then the formula used is A=P1+rnnt , where, A is the final amount,…

Q: 1. Mohammed estimate that he will need RO 10,000 in 5 years to fund his university education. How…

A: There are multiple question, As per company policy ask other question separately . P = initial…

Q: What single payment today would replace a payment of $2,100 in 2 years and a payment of $5,000 in 6…

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Q: A couple who borrow $80,000 for 15 years at 6%, compounded monthly, must make monthly payments of…

A: Solution:- Monthly payment=$675.09 rate r=6% compounded annually ⇒R=612%=612×100=0.005   (compounded…

Q: A couple who borrow $50,000 for 15 years at 6%, compounded monthly, must make monthly payments of…

A: Consider the provided question, Given, Loan amount = $50,000 total time = 15 years rate of interest…

Q: A zero coupon bond with a face value of $23,000 matures in 14 years. What should the bond be sold…

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Q: If you deposit $7000 in an account with a nominal rate 7.2% compounded monthly, what is the balance…

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Q: Find the present value of $40,000 due in 4 years at the given rate of interest. 7%/year compounded…

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Q: 3. What is the amount in the RRSP after 5.5 years? 4. How much interest will the RRSP have earned in…

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Q: Find the present value of $30,000 due in 4 years at the given rate of interest 6%/year compounded…

A:

Q: - Given a nominal interest rate of 5.3%, compounded daily, determine the APY.

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

Q: If $5,000 is invested at 4% compounded quarterly, what is the amount after 9 years? The amount after…

A: According to the given information:The amount invested (P) = $5,000Rate of interest (r) = 4% =…

Q: What lump sum do parents need to deposit in an account earning 5%, compounded monthly, so that it…

A: The compound interest formula is

Q: What lump sum do parents need to deposit in an account earning 8%, compounded monthly, so that it…

A: