At what rate per cent per annum will $250 amount to $330 in 4 years? (Write your answer in one (1) significant digit). Answer. Blank 1% Blank 1 Add your answer

Q: If you want to earn 2% annual simple interest on an investment, how much should you pay for a note…

A: Given that: Amount A=$15500 Time, t=10 months, Rate of interest, r=2%

Q: Suppose that the purchase price of Manhattan in 1626 was recently re-estimated by historians to be…

A: Given that, Annual Amount=$31 Annual rate of interest=5.7% r=0.057 Time (T) = 2015-1626 T=389 years…

Q: How much money should be invested in an account that earns 9% interest compounded quarterly to yield…

A: Given: FV=$10,000 t=4 yearsr=9%n=4 compounded quarterly Let the money invested is P…

Q: Annual Rate (%) 2.40 4.00 5.25 5.15 5.15 3.50 If the General Electric bonds you purchased had paid…

A: Using the formula            A = (P+(P×R×T))           where, A = amount, P = principle, R= rate of…

Q: If you want to earn 7% annual simple interest on an investment, how much should you pay for a note…

A: Here in the problem given that              The annual Simple interest rate is r=7%  Rate of the…

Q: If you want to earn 4% annual simple interest on an investment, how much should you pay for a note…

A: Givenr=4%  t=10/12 yearr=0.04 ,   I=16500

Q: ed pdl- PDF Annotator Tool View Extras Window Help Page Width 52 AR Y x amed.pdf" E -/ II * 4. How…

A: If $P is invested for t years with rate of interest r compounded annually then total amount after t…

Q: costs $0.07 per kilowatt-hour and 1 hp = 0.746 kW, which motor should be selected if MARR = 6% per…

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Q: Find the amount that results from the investment. Round the answer to the nearest cent. $480…

A: If P is present value and r is the rate compounded n times in a year, then the future value (A) at…

Q: Find the effective annual yield at an APR of seven 1/2% compounded monthly. (Answer to the nearest…

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Q: What is the effective rate of an investment that earns a 10% nominal rate compounded monthly? O A.…

A: Definition used -                       effective rate =1+inn-1                     Here i =…

Q: A 7 year bond costs $1,000 and will pay a total of $150 interest over its lifetime. What is its…

A: A 7 year bond costs $1,000 and will pay a total of $150 interest over its lifetime. Its annual…

Q: QUESTION 31 Find the annual percentage yield (APY). A bank offers an APR of 4.25% compounded…

A: A bank offers APR of 4.25% that is compounded quarterly. To find the annual percentage yield APY:…

Q: If you want to earn 2% annual simple interest on an investment, how much should you pay for a note…

A:

Q: A What does A represent in the formula PV = (1+i)* O a) annual interest rate b) principal amount Oc)…

A:

Q: If you want to earn 3% annual simple interest on an investment, how much should you pay for a note…

A: Given: r = 3/100 =0.03 A= 17500 t = 10/12  Note : If the time is given in terms of months, then we…

Q: A house was valued at $105,000 in the year 1991. The value appreciated to $160,000 by the year 2006.…

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Q: A house was valued at $110,000 in the year 1992. The value appreciated to $150,000 by the year 2001.…

A: At t=0 that is in 1992 the value is $110,000. At t=9 that is in 2001, the value is $150,000 Just…

Q: A bank offers 0.5% effective monthly interest. What is the effective annual rate compounding? a.…

A: Please refer to the image below

Q: At what annual (simple interest) rate did the population of some county increase from 1970 to 2000?…

A: Given that,

Q: Stocks in a certain industry depreciated by 5.9% in the first 5 months of 1993. Assuming that this…

A: The formula for the amount of depreciation is given by A=V1-rn where A is the amount of…

Q: A 6 year bond costs $3,000 and will pay a total of $200 interest over its lifetime. What is its…

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Q: Provide given and solution for the problem. An educator saves $5000 every 6 months in a bank that…

A: Given data:  An educator saves $5000 every 6 months in a bank. Bank pays 0.25% compounded monthly.…

Q: A house was valued at $120,000 in the year 1994. The value appreciated to $150,000 by the year 2005.…

A: To find the growth rate

Q: Question Fred invested $25,328 in a stock account with continuous compounding. If the annual…

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Q: Classify the financial problem. Assume a 11% interest rate compounded annually. What annual deposit…

A: Classify the financial problem. Assume a 11% interest rate compounded annually.What annual deposit…

Q: What effective rate is equivalent to a nominal rate of 6-% compounded quarterly? 4 Select one: O…

A: we have to find the find the effective rate equivalent to the nominal rate 634% compounded quarterly…

Q: A young couple just had a child and wanted to immediately start college fund. They found a deal with…

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Q: An investment of $36,000 yields a net annual income of $6,500 for 10 years. What is the annual…

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Q: 5. What is the present value of an investment at 15% annual simple interest if it is worth $924.50…

A:

Q: If you want to earn 3% annual simple interest on an investment, how much should you pay for a note…

A: Given:

Q: What rate compounded semi-annually will double any amount principal if it is invested in 13 years?…

A:

Q: If you want to earn 4% annual simple interest on an investment, how much should you pay for a note…

A:

Q: If you want to earn 3% annual simple interest on an investment, how much should you pay for a note…

A: Investment

Q: Suppose that the purchase price of Manhattan in 1626 was recently re-estimated by historians to be…

A:

Q: How much will $12,500 become if it earns 6% per year for 50 years, compounded quarterly? (Round your…

A: We have given  P=$12500, R=6% t=50 and compounded quaterly. We know the formula for compouded…

Q: What is the effective rate corresponding to 18% compounded daily? Take 1 year is equal to 360 days.…

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Q: What annual compound interest rate is required for the debt of a compound interest loan to grow by…

A: Let the loan amount be P. The debt amount is as follows. P+53%(P)=P+0.53P=1.53P The number of years…

Q: If you want to earn 2% annual simple interest on an investment, how much should you pay for a note…

A:

Q: If $2000 is invested at an interest rate of 6.5% per year, compounded daily, find the value of the…

A: So in this problem we are going to use standard formula for calculating the final compounded money…

Q: Enrollment at my college is increased at a rate of 42% per decade.  What is the yearly percentage…

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Q: At what rate(%) of simple interest will a sum of money triple in six years. (Answer in two decimal…

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Q: Which is preferable? An interest rate of 7.5% p.a. compounding daily or an interest rate of 7.30%…

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Q: How many years will it take the initial investment P to double, if the initial investment is…

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Q: Entire What interest rate compounded monthly will yield an effective interest rate of 8%? ..... A…

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Q: At what nominal interest rate compounded quarterly will a certain amount of money be equal to 1.5…

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Q: What lump sum do parents need to deposit in an account

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Q: If you want to earn 2% annual simple interest on an investment, how much should you pay for a note…

A: Given: Future value, A=$14,500 Annual simple interest, r=2% Time, t=10 months To find: Present…

Q: What effective rate is equivalent to a nominal rate of 5%compounded quarterly? 1 4. Select one: O…

A: Given that a nominal interest rate of 514% compounded quarterly. We have to find the effective rate…