Calculate the amount of interest on an investment of AED 160,425 at 8% simple interest for 4 years.

Q: Suppose you want to have $800,000 for retirement in 35 years. Your account earns 4% interest. How…

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Q: Nisha takes a loan of $45,000 at 6% per annum for 1^1/2 years. Assuming that the interest is…

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Q: Suppose you want to have $400,000 for retirement in 25 years. Your account earns 9% interest. How…

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Q: What is the overall rate of return on a $190,000 investment that returns 17% on the first $60,000…

A: Given $190000 Investment that return 17% on the first $60000 and 14% on the remaining money?

Q: You deposit $400 each month for 17 years into an account earning 6% interest compounded monthly.…

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Q: Find the interest earned: $9,900 for 24 months at 7.8% annual simple interest

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Q: Suppose you want to have $800,000 for retirement in 25 years. Your account earns 8% interest. How…

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Q: Suppose you want to have $800,000 for retirement in 20 years. Your account earns 9% interest. How…

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Q: Compute the total and annual retun on the following investment. Five years after paying $2900 for…

A: Given, Five years after paying $2900 for shares in a startup company,             you sell the…

Q: Suppose you want to have $700,000 for retirement in 35 years. Your account earns 6% interest. How…

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Q: Jacqueline took out a $30,000 student loan with a fixed interest rate to pay for college. Jacqueline…

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Q: Find the amount of money that accumulates when A one time lump sum investment of P=$50,000 is made…

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Q: An initial deposit of $1300 earns 7 % interest, compounded monthly. How much will be in the account…

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Q: if $25,600 is invested for 3.5 years at 4.75% simple interest, how much interest is earned?

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Q: You deposit $100 monthly in a saving plan with APR of 6% for 20 years.  How much would your…

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Q: Maria invested $5,000 at 1.00% per annum. Calculate the amount of interest earned for 6 months.…

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Q: What is the simple interest rate on a $1350 investment paying $319.82 interest in 10.3 years?  %…

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Q: Find the apy for an account earning 4.3% compounded six times a year

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Q: Suppose you invest $500 in a savings account that pays 3.5% annual interest. How much will be in the…

A: Given,          Suppose you invest $500 in a savings account that pays 3.5% annual interest,…

Q: the per age. (R your earest cel $800,000 borrowed at 7% for 2 years, with quarterly payments

A: Use formula of periodic payment

Q: A deposit of $3, 000 earns 2% interest compounded semiannually. How much money is in the bank after…

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Q: Suppose you buy a home and finance $285,000 at $2,293.17 per month for 30 years. What is the amount…

A: Given that you buy a home and finance $ 285,000 at $ 2293.17 per month for 30 years. We have to find…

Q: A credit card had an APR of 17.78% all of last year and compounded interest daily. What was the…

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Q: find the least amount  that could be deposited in a bank account today at 12% compounded quarterly…

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Q: Suppose you invest $3420 in an account that earns simple interest at an APR of 2.7%.Determine the…

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Q: How much interest is earned on an initial investment of $700 with a 5 % annual rate for 2 years?

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Q: Maria borrowed P10,000 with an interest rate of 12% compounded quarterly which he borrowed from a…

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Q: Jacqueline invested $4,500 at 2.00% per annum. Calculate the amount of interest earned for 6 months.…

A: If the amount P is invested at r% annum for  t  years, then the formula for the simple interest is,…

Q: Calculate the simple interest earned on a investment of  $ 700,000                           after…

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Q: Suppose you want to have $400,000 for retirement in 30 years. Your account earns 6% interest. How…

A: Definition used -           Future value of annuity -                                FV=P(1+r)n-1r…

Q: Suppose you want to have $500,000 for retirement in 20 years. Your account earns 4% interest. How…

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Q: Calculate the amount of SIMPLE interest earned on an investment of $1000 at 4% for 6 years

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Q: Find the rate of interest if N2,800 gains N600 in 5 years

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Q: What simple interest rate will convert a $200 investment into $220 in one year?

A: we know the formula: simple interest (SI)=P×r×t100 where P is the principle(investment) amount, r is…

Q: Find the simple interest on a $200 investment made for 5 years at an interest rate of 8%/year. What…

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Q: Find the difference between simple interest and compound interest on a savings deposit of fifty…

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Q: What is the purchase price on a car that has a $264 monthly payment for 5 years, financed at 8% per…

A: The purchase of a car that has a $264 monthly payment for 5 years, financed at 8% per year,…

Q: A deposit of $2, 150 earns 6% interest compounded quarterly. How much money is in the bank after for…

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Q: Suppose you want to have $800,000 for retirement in 30 years. Your account earns 8% interest. How…

A: Find the monthly payment.

Q: Calculate the time needed on an investment of 600,000 to gained an interest of 84000of the interest…

A: The formula used is given below I = PRT100 where I is the interest , P is the principle , R is the…

Q: A certain corporation purchased a machine for plastic lamination of posters for 720,000. At the end…

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Q: Suppose you want to have $400,000 for retirement in 30 years. Your account earns 7% interest. How…

A: It is given that, the future value is FV = $400,000, r=7%=0.0712 since depositing monthly, and…

Q: Rosita earned $ 84.55 interest over the period of 146 days on a term deposit with a principal of…

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Q: The loan of $ 700 is expected to be paid in one year as a total of $ 749. What is the annual…

A: Solution

Q: Find the prosent value of $4000 payable at the end of 2 years, If money may be invested at 9% with…

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Q: Find how much should be invested to have $27,500 in 8 months at 6.7% simple interest.

A: From the given information. The total amount is $27500. The time period is 8 months. The annual rate…

Q: if $230 is invested for one year at 5% interest rate, how much interest is earned

A: Given:$230 is invested for one year at 5% interest rate.

Q: Suppose you want to have $800,000 for retirement in 35 years. Your account earns 6% interest. How…

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Q: Suppose you make a single deposit of $8000. Calculate the amount of money you will have in the…

A: Solution is given below: