compounded quarterly

Q: Find the final amount of money in an account if $3,600$3,600 is deposited at 5.5% interest…

A: Formula:   Final amount=P1+rnnt We have, P=$3,600, r=5.5%=0.055, n=1(since, compounded annually),…

Q: Find the final amount of money in an account if $5,000 is deposited at 4.5% interest compounded…

A: As we have to find final value for compunded quarterly we have to take n as 4 if it is annually then…

Q: How much would you need to deposit in an account now in order to have $3000 in the account in 15…

A:

Q: Find the final amount of money in an account if $4,900 is deposited at 7.5% interest compounded…

A: Topic = Algebra

Q: Find the final amount of money in an account if $7,600 is deposited at 3% interest compounded weekly…

A: Use compound interest formula

Q: Find the final amount of money in an account if $3,700  is deposited at 7%  interest compounded…

A:

Q: Find the final amount of money in an account if $8, 200 is deposited at 5.5 % interest compounded…

A: For compound interest we use formula A=P1+rnntWhen P is initial amount investedr is the rate of…

Q: Sam deposits $600 at the end of every 6 months in an account that pays 8%, compounded semiannually.…

A:

Q: You deposit $8400 into an account earning 6% interest compounded quarterly. How much interest will…

A:

Q: Find the final amount of money in an account if $4, 400 is deposited at 3 % interest compounded…

A:

Q: How much would you need to deposit in an account now in order to have $2000 in the account in 5…

A:

Q: Robin, who is self employed, contributes $6500/year into a Keough account. How much will he have in…

A: Principal, P = $6500 per year Time, n = 35 years Rate of Interest, R = 6.5% per year = 0.065

Q: How much would you need to deposit in an account now in order to have $5000 in the account in 10…

A: How much would you need to deposit in an account now in order to have $5000 in the account in 10…

Q: Sam deposits $900 at the end of every 6 months in an account that pays 7%, compounded semiannually.…

A: Given data:   The given amount Sam deposits are P=$900. The semiannual interest rate is r=7%=0.07.…

Q: Find the final amount of money in an account if $9,400 is deposited at 8% interest compounded…

A: Initial amount=P= 9400 Interest rate= r= 8%=0.08 Time=t= 6 years Number of times compounded in a…

Q: Find the final amount of money in an account if $6,600 is deposited at 6% interest compounded…

A: Given: An amount of $6,600 is deposited at 6% interest compounded annually and the money is left for…

Q: Find the final amount of money in an account if $2,000 is deposited at 8% interest compounded…

A: Given

Q: How much would you need to deposit in an account now in order to have $2000 in the account in 5…

A: Use formula of compound interest

Q: How much would you need to deposit in an account each month in order to have $30,000 in the account…

A: Given, We want to have $ 30,000 in the account in 5 years   We have to find how much we need to…

Q: A loan of $23,000 is made at 5% interest, compounded annually. After how many years will the amount…

A: Proceed as shown below

Q: Find the final amount of money in an account if $3, 200 is deposited at 7.5 % interest compounded…

A: Given that, Principal P=3200Rate r=7.5%=0.075time t=9Number of time interest compounded (n)=12×14=3

Q: Use the compound-interest formula to find the account balance A, where P is principal, r is interest…

A:

Q: On a girl's 10th birthday, her father started to deposit P5,000 quarterly at the end of each term in…

A: We can solve this using future value formula

Q: You deposit $4000 each year into an account earning 7% interest compounded annually. How much will…

A:

Q: How much would you need to deposit in an account now in order to have $4000 in the account in 10…

A:

Q: Find the final amount of money in an account if $1, 000 is deposited at 4 % interest compounded…

A:

Q: Use the formula A = P(1+ )“ to find the total amount of money accumulated for an initial investment…

A:

Q: Find the final amount of money in an account if $1, 000 is deposited at 3 % interest compounded…

A:

Q: How much would you need to deposit in an account now in order to have $2000 in the account in 5…

A: Let A(t)= amount in t years.P= Prinicipal(Original investment)r=Annual interest rate(in decimal…

Q: A loan of $26,000 is made at 8.75% interest, compounded annually. After how many years will the…

A:

Q: Find the final amount of money in an account if $4, 600 is deposited at 8% interest compounded…

A:

Q: The compounded amount of a $5,000 investment at 7% interest compounded semiannually for 4 years is…

A: We will solve the following

Q: Berno deposits $30,000 into an account paying 4.25% annual interest, compounded quarterly. How much…

A:

Q: Find the final amount of money in an account if $3,600 is deposited at 5.5% interest compounded…

A: Formula:   Final amount=P1+rnnt We have P=$3,600, r=5.5%=0.055, n=1(since, compounded annually), t=7…

Q: Find the final amount of money in an account if $6,600 is deposited at 6%6% interest compounded…

A: Given,

Q: You deposit $2000 in an account earning 4% interest compounded monthly. How much will you have in…

A:

Q: How much would you need to deposit in an account now in order to have $4000 in the account in 10…

A:

Q: You deposit $300 each month into an account earning 6% interest compounded monthly. How much money…

A:

Q: Find the final amount of money in an account if $4, 700 is deposited at 2.5 % interest compounded…

A: solution:-

Q: How much would you need to deposit in an account now in order to have $5000 in the account in 10…

A: Formula: A=P1+rnnt where A= Final amount P= Principal initial balance r= Rate of interest t= Time…

Q: Snape made a deposit of $495 into an account that pays 3% interest compounded annually. How much…

A:

Q: Find the final amount of money in an account if $5, 700 is deposited at 2 % interest compounded…

A: Given: Principal amount P=5700  rate of interest r=2% =0.02 per 3 months            As interest is…

Q: Use the formula A = P(1 + )" to find the total amount of money accumulated for an initial investment…

A: Topic- compound interest

Q: How much would you need to deposit in an account now in order to have $6000 in the account in 5…

A: It is given that the interest is compounded monthly. The formula for compound interest is A=P1+rnnt…

Q: You deposit $400 each month into an account earning 6% interest compounded monthly. How much will…

A:

Q: Find the final amount of money in an account if $4, 900 is deposited at 6 % interest compounded…

A: Use the formula for the compound interest to calculate the final amount P. P=$4900r=6%=0.06n=4…

Q: How much would you need to deposit in an account now in order to have $6000 in the account in 15…

A: Let the amount to be invested be P

Q: How much would you need to deposit in an account now in order to have $4000 in the account in 10…

A:

Q: Find the final amount of money in an account if $3, 700 is deposited at 2.5% interest compounded…

A:

Q: How much would you need to deposit in an account each month in order to have $40,000 in the account…

A: