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

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: Samuel is going to invest $4,900 and leave it in an account for 14 years. Assuming the interest is…

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Q: In preparation for her son's educational tour 18 months from now, Johnny Sins invested $21,000 and…

A: It is given that p=21000, A=35000, t=18

Q: What sum must be deposited today at 8 percent per year compounded annually if the goal is to have a…

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

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: 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: Isaiah is going to invest $94,000 and leave it in an account for 16 years.Assuming the interest is…

A: Isaiah is going to invest $94,000 and leave it in an account for 16 years. The interest is…

Q: How much should she set aside now

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Q: 13. If Frank invests $11,400 at 3.7% interest compounded quarterly, how much will his investment be…

A: Given: Frank invests $11,400 at 3.7% interest compounded quarterly. To find: Investment's worth in 9…

Q: If you were investing money in an account and the interest rate was the same either way, would you…

A: If the same amount of money is deposited and the same rate of interest is applied then: Simple…

Q: Oliver is going to invest $2,500 and leave it in an account for 18 years. Assuming the interest is…

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Q: How long was P30,000 invested at a bond growing at an average rate of 8.25% compounded monthly if…

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Q: If you have $30,000 in a bank account that is paying an interest rate of 4 percent that is being…

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Q: If you borrow $29,000 at 8.4% annual simple interest for 11 years, how much must you repay at the…

A: use formula written below

Q: If you deposit $300 now in a savings account and increase your deposits by 10% each month, how much…

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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: How much money must be invested now at 9% per year, compounded semiannually, to fund an annuity of…

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Q: For items 1-2.Mrs. Gina Robles invested 100, 000.00 in a cooperative that offers 3% rate compounded…

A: Principal amount = 100000

Q: An investment fund pays 5% per year, compounded semi-annually, on all money invested. How much must…

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Q: If you invested $10,000 at 9% interest, compounded quarterly, then how much would this investment be…

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Q: If u make an investment of $5000 and the investment earns an annual interest rate of 2.1%, how much…

A: The simple interest SI on a sum of P at R rate of interest for T years is expressed as SI=P×R×T100…

Q: What amount will be paid at the beginning of every month for 10 years if the present value is 200,…

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Q: At what simple interest rate will an amount of money double itself in 10 years?

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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: 5. How much is a sum of £3500 worth at the end of five years if deposited at (a) 11% simple interest…

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Q: Peyton is going to invest $310 and leave it in an account for 16 years. Assuming the interest is…

A: Principal amount:  P = $ 310 Total time period is: t = 16 years Interest is compounded quarterly.…

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: At what simple interest rate per annum will ₱20,000 accumulate to ₱25,000 in 3 years?

A: Solution:-

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

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Q: If a bank advertises "triple your money in 12 years", what simple rate of interest is it offering?

A: We need to calculate the simple interest that the bank offers. The bank says "triple your money in…

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

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Q: If the present value of my investment is $1,000 and the rate of interest is 10% compounded annually,…

A: From the given information, present value of my investment is $1,000 that is P = 1000, the rate of…

Q: If you invest $1,000,000 in an account paying 12%, how much will you have after 20 years if the…

A: Given: Principle amount (P)= $1,000,000 Rate of interest r=12% Time period= 20 years

Q: How long would it take for an investor to double his money at 10% interest per year, compounded…

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Q: an investment company pays %5 compounded semiannually, how much should you deposit now to have…

A: If an investment company pays %5 compounded semiannually, how much should you deposit now to have…

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

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

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

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Q: (d) If found a bank that paid 6% interest compounded annually rather you than 5%, how much (in $)…

A: We will use compound interest formula and solve this.

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

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Q: How long was P30,000 invested at a bond growing at an average rate of 8.25% compounded monthly if…

A:

Q: Morgan is going to invest $8,200 and leave it in an account for 10 years. Assuming the interest is…

A: A=$16500 P=$8200 t=10 years n=12 (compounded monthly) We have to found intrest rate

Q: Suppose you deposit $5,000 into an account earning 5% per annum. How many years will it take for…

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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: Suppose your savings account pays 8% interest compounded quarterly. If you deposit $15,000 for two…

A: Given: Interest rate r = 8% r = 0.08 Deposit amount or principal amount P = 15000 Time period t = 2…

Q: In how many years will ₱15,000 double itself at the rate of 10% simple interest?

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Q: How much would you have to pay into an account at the beginning of every six months to accumulate…

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Q: How many years would it take for a debt of $22,338 to grow into $41,932 if the annual compound…

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