cent.) worth $12,000 after 4.5 years at 5.25% simple annual interest

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A: Given; P=3000 r=4.75% n=4.

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A: Use compound interest formula

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A: From the provided information, a)

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Q: Use the present value formula to determine the amount to be invested now, or the present value…

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A: Given- Principal, P= $130,000 r = 3% t = 8+14   = 334 Since, it is not specified in the question…

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A: See the attachment

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Q: Use the present value formula to determine the amount to be invested​ now, or the present value…

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Q: Use the present value formula to determine the amount to be invested now, or the present value…

A: Solution :-

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A: According to the given information, P=$10000 n=25 years Annual rate=3%=0.03

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Q: Use the present value formula to determine the amount to be invested​ now, or the present value…

A: Recall the following fact.

Q: Use the present value formula to determine the amount to be invested​ now, or the present value…

A: Given information:Accumulated amount (A)= $120,000Rate of interest (r) = 4% = 0.04Number of years…

Q: Use the present value formula to determine the amount to be invested now, or the present value…

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