c. If you plan to put your graduation money into an account and leave it for 20 years while you go to college. If you receive 369 R.O in graduation money that you put it into an account that earn 20 % interest compounded semiannually. How much will be in your account at the end of each year?

Q: To offer scholarships to children of​ employees, a company invests ​$11,000 at the end of every…

A: Recall the following fact.

Q: How much must you deposit today into each of the following accounts in order to have $25,000 in 8…

A: Given the amount in the account after 8 years is $25,000.Also given that the amount compounded daily…

Q: A payment of $25,000 is due today. What three equal payments, one in 2 years, one in 4 years, and…

A:

Q: 1. How much would the equal monthly payments be on a student loan of $10,500 that has a ten-year…

A: You mentioned only 1 and option A to solve, I will solve both of them but if you want I will solve…

Q: How much would you need to deposit in an account now in order to have $5,500.00 in the account in 12…

A: Let the amount to be deposited in an account P=$x Given that the amount after 12 years is P|=$5500…

Q: Suppose you purchase a car for a total price of $32,740, including taxes and license fee, and…

A:

Q: How much must you deposit today into the following accounts in order to have $120,000 college fund…

A: We are given that the interest is compounded daily. So, it's better to calculate the daily interest…

Q: Kelly received a $39,650 loan from a bank that was charging interest at 4.50% compounded…

A: Given : Principal Amount (P) = $39,650 Interest Rate (r) = 4.50 % = 0.045 Compounded Semi - Annually…

Q: How much must you deposit today into an account with quarterly compounding interest and an APR of…

A: please comment if you need any clarification. If you find my answer useful please put thumbs up.…

Q: A man wishes to have P1,400,000.00 when he retires 15 years from now. If he can expect to receive 4%…

A: We will find out the required value.

Q: A loan of $302,000 at 4.92% compounded quarterly was to be settled with month-end payments of…

A: We will apply the compound interest formula to solve the question

Q: How much should you deposit semiannually into an account so that you have ​$75,000 after 1 1/2…

A:

Q: Acme Annuities recently offered an annuity that pays 7.2% compounded monthly. What equal monthly…

A: Formula :-

Q: Eighteen years ago, Mr Chan started a savings account for his daughter so that she would receive $25…

A:

Q: Suppose $250,000 is used to establish an annuity that earns 5%, compounded quarterly, and pays $4500…

A: Solution is in next step

Q: The owner of Oak Hill Squirrel Farm deposits $1,000 at the end of each quarter into an account…

A: Given: Here the values are m=$1000 r=1.5%=1.5/100=0.015 t=8.5 years n=4

Q: How much would you need to deposit at the end of every quarter into an IRA with an 8% APR in order…

A: Deposit Amount = P(1+r/100)t

Q: 5. What principal you have to deposit in a 4.5% saving account compounded monthly in order to have a…

A: Step 1: The equation for amount accumulated after n years with compound interest i is,…

Q: 14. Jeanine plans to deposit $875 quarterly for 3 years, into an account. With an interest rate of…

A:

Q: No payments were made on a $2,598 loan during its three-year term. What was the annually compounded…

A:

Q: 17. If Joe deposits $800 in an account paying interest at an annual rate of 6% compounded quarterly,…

A:

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

A: As per the company guidelines i am solving the first question please resubmit the question for…

Q: If P100,000 is deposited in an account paying 5% compounded quarterly, how much is in the account at…

A:

Q: How much would you need to deposit in an account now in order to have $5,000.00 in the account in 13…

A:

Q: A payment of $2,870 was due three years ago, and a payment of $1,600 is due today. What single…

A:

Q: (b) What will be the amount of an ordinary annuity of $100 each month for three years if interest at…

A: An ordinary annuity is a series of equal payments made at the end of each period of the specified…

Q: #2 Isaac invested $77,000 in an account paying an interest rate of 4.6% compounded quarterly.…

A: We have to find amount

Q: Marwan provides a donation of $6556 to a college with the provision that a scholarship is paid at…

A:

Q: Omar has decided to finance a $25,000 car at 8% interest compounded monthly for 10 years.  Determine…

A:

Q: The owner of Oak Hill Squirrel Farm deposits $1,000 at the end of each quarter into an account…

A: The amount of the deposit is $1000. The rate of interest is 2.5% compounded quarterly. The time…

Q: Given a principal of Php. 100,000.00 payable for 2 years at 3% compounded quarterly. What is the…

A: Interest per conversion period is given by annual interest rate divided by number of periods Here…

Q: 1. If P5,000 is invested in a time-deposit for 2 years in a bank that offers 4% annual interest…

A: Given that principle amount P= 5000 Rate of interest r = 4 Time n= 2 Compounded quarterly Amount A =…

Q: 9. In order to have P1 million in a fund at the end of 15 years, how much must be deposited in the…

A: Solution

Q: What amount must be set aside on a boy’s seventh birthday, which will provide 24 quarterly payments…

A:

Q: How much would you need to deposit in an account now in order to have $4,500.00 in the account in 6…

A:

Q: c) Mr Jason deposited $5000 into an account paying 6% annual interest compounded monthly, how long…

A: Solution :-

Q: A payment of $2,170 was due three years ago, and a payment of $1,850 is due today. What single…

A:

Q: 1. How much do you need to deposit into an account with 5.4% interest compounded monthly if you want…

A:

Q: A payment of $2,600 was due three years ago, and a payment of $1,450 is due today. What single…

A:

Q: A payment of $31,000 is due today. What three equal payments, one in 2 years, one in 4 years, and…

A: We need to find payment.

Q: If you make quarterly payments of $5-41.00 into an ordinary annuity earning an annual interest rate…

A:

Q: A company currently owes $35,000 to a bank for a loan it took 5 years and 7 months ago. The interest…

A:

Q: If $86,000 is invested in an annuity that earns 5.6%, compounded quarterly, what payments will it…

A:

Q: 1. Find the present value of a perpetuity of P20,000 payable semi-monthly if money is worth 8%…

A: Perpetuity is a type of annuity that has no end.  According to question the data are as follow:-…

Q: A bank offered 1.5% interest on accounts compounded monthly. (a) how much would deposit of $200 be…

A:

Q: A trust fund needs to deposit an amount of money at 5.6% compounded quarterly for withdrawing 10,000…

A: Given A trust fund needs to deposit an amount of money at 5.6% compounded quarterly for withdrawing…

Q: How much must be deposited today into the following account in order to have $30,000 in 8 years for…

A:

Q: 2. A Php1,000,000-trust fund was set up and to be used by an 8-year old nephew when he goes to…

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

Q: Louie has $825,000 in a retirement annuity that pays 2% compounded quarterly. How much can he…

A:

Q: If 15,000 is to be accumulated to50,000 in 5 years, what is the ratecompounded (A) quarterly? (B)…

A: