Budjanga, a business man wants to have P500, 000.00 four (4) years from now. What amount should he invest now if it will earn an interest of 6% compounded quarterly for the first two years and 8% compounded semi-annually during the next 2 years?

Q: f you invest $9,000 in an account that earns an APR of 3% simple interest, what will be the account…

A: for simple interest  P = $ 9000 r = 3% = 0.03 t = 10 years

Q: Rocio invests $130.00 a month for 9 years into an account earning 10% compounded monthly. After 9…

A: We are entitled to solve only 1 question at a time so I am providing you the same. Kindly repost…

Q: If you are depositing $7000, which is the better investment: a.) 6.5% compounded monthly b.) 6.6%…

A: Definition used -                      The formula for the amount after t years, if interest is…

Q: Alexus would like to accumulate $154,600 for her retirement in 25 years. If her local bank promises…

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Q: Kylie is thinking of investing an amount of P250, 000.00 at 5% compounded annually for 2 years. Find…

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Q: Jasmine invests $1,712 in a savings account with a fixed annual interest rate of 7.41% compounded 3…

A: follow the next step

Q: You have $7000 to invest for seven years. Which investment will provide the greater return:  5%…

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Q: In order to have P250,000 in 5 years, how much should you invest if the compound interest is 12%?

A: Given Amount(A) = 250000 Rate(R) = 12 Time(T) = 5

Q: Rounded to the nearest quarter year, how long will it take an investment to quadruple if it earns 8%…

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Q: Monique invested $46,900 in a mutual fund at 4% compounded annually. After 4 years, the interest…

A: Here we have to find out the value after 4 and additional 7 years

Q: Andrea invests $400.00 in an account that pays 4% annual interest. How much will there be in the…

A: Given, P=$400.00r=4%=0.04n=4t=5

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: Lydia invests $1000 in an account that pays 5.25% compounded daily. Gabrielle invests the same…

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Q: A father opened a savings account for his daughter on the day she was born, depositing $1,000. Each…

A: Given that A father opened a savings account for his daughter on the day she was born, depositing…

Q: sam deposits 150 in a savings account and earns 6% compounded monthly will she have enough savings…

A: Follow the steps.

Q: Timber Inc. invested profits of $165,000.00 in a GIC at 5.77% compounded monthly. How long will it…

A: NOTE: Refresh your page if you can't see any equations. . here we have P=165000 A=226452.44…

Q: What amount must be invested in order to have P128 376.52 after 8 years if mone worth 6% compounded…

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Q: Laura invests $9175.00 at a rate of 7.30% per annum, compounded annually. Over a period of 3 years,…

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Q: A recent high school graduate received $600 in gifts of cash from friends and relatives. In…

A: Here given is The student has a total principal amount, P=$600+$250+$300+$1500=$2650 Interest rate…

Q: January, Joanna deposited $250 into her savings account. In February, she deposited an additional…

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Q: Mrs. Duzon wants to invest 25,000 in a bank for 3 years at 2% compounded quarterly -what is the…

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Q: Bank A pays 5% compounded daily, while Bank B pays 5.12% compounded monthly. Which bank pays more?…

A: Question:   Bank A pays 5% compounded daily, while Bank B pays 5.12% compounded monthly. Which…

Q: Susan deposited a principal of $130 in a 7% account, compounded annually. At the same time, Jeff…

A: We have to find

Q: On Melissa 6th birthday, she gets a $6000 CD that earns 6% interest, compounded quarterly. If the CD…

A: Given data: Melissa on her 6th birthday gets a P=$6000. The rate of interest she earns r=6%=0.06…

Q: Inderjot invests $2500 in a bond that pays 4.5% per year, compounded monthly, for a period of 8…

A: Inderjot invests $2500 in a bond that pays 4.5% per year compounded monthly for a period of 8 years…

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: (a) Ten years ago, a sum RM X was invested in a bank account that paid an interest rate of 7%…

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Q: If P20.000.00 is invested at 10% compounded quarterly, when will the amount of investment be…

A: Given : Amount 20,000 compounded quarterly  And interest rate (r) = 10% To find : Time when these…

Q: A recent high school graduate received ​$600 in gifts of cash from friends and relatives. In​…

A: We will find how much money he will be getting after 36 months as following .

Q: Carolyn invests $8000 at an annual rate of 7% compounded daily for 6 months. what is the future…

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Q: How much money should be deposited today in an account that earns 3% compounded semiannually so that…

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Q: A recent high school graduate received ​$900 in gifts of cash from friends and relatives. In​…

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Q: A recent high school graduate received $900 in gifts of cash from friends and relatives. In…

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Q: Amy, who is 25, deposits $400 every 3 months into an account that earns 3.66 compounded quarterly.…

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Q: ack invested $7,100 in an account paying an interest rate of 3% compounded ontinuously. Henry…

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Q: A recent high school graduate received ​$700 in gifts of cash from friends and relatives. In​…

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Q: Accumulate $18,000 for 8 years at 6% compounded quarterly. What will be the compound amount after…

A: # considering that year as 8 years  the principal amount invested $18,000 time = 8 years rate of…

Q: A $21 500 investment earns 5.25% interest, compounded quarterly.

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Q: Donna placed $1200 in an account at 4% compounded annually for 2 years. She withdraws it at the end…

A: Case I   Originally, P=$1200 r=4% t=2 years At the end of two years, Amount=Principal (1+r)t…

Q: 2. How long will it take for a principal to double if money is worth 6.2% compounded monthly?

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Q: aul's mother saved P5000 at the end of every six months in an educational plan that earns 6% per…

A: Initial deposited  —@ end of each six month=5000Rs. deposit…

Q: Tessa invests $9100 in a new savings account which earns 4.1% annual interest, compounded quarterly.…

A: Given, Investment amount = $ 9100 annual interest rate = 4.1%  time duration = 4 years the amount is…

Q: Goofus waits until he is 35 years old to start saving.

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Q: sanji spends 850 per month on cigarettes. if he stops smoking and invest the same amount in a plan…

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Q: Maya has savings of $50,000. She invests in a bond mutual fund that pays 4% interest each year.…

A: Given that  Maya investing her savings $50,000 in a bond mutual fund. Interest per annum = 4% = 0.04…

Q: Rhoda would like to have P60,000 in her account by the end of three years. How much should she…

A: A=60000, t=3,  r=12%=0.12, n=4.

Q: Andrea invests $400.00 in an account that pays 4% annual interest. How much will there be in the…

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Q: You deposit $3000 in an account that pays 7% interest compounded semiannually. After 3 years. The…

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Q: Maryam is planning to invest P150,000. Bank A is offering 7.5% compounded semi- annually while Bank…

A: The principal will be equal to 1,50,000 . From bank A , The rate = r               =7.5%…

Q: Q9 How long does $1,000 have to be deposited into a savings account at the end of each month to…

A: How long does $1000 have to be deposited into a saving account at the end of each month to…