$3758 at 11 7/8% compounded monthly for 17 years and 7 months. Can you explain how to do this?

Q: A company needs $7,000,000 in 10 years in order to expand their factory. How much should the company…

A:

Q: How much would you have in your account with a starting balance of $700 at 5 1/2% compounded monthly…

A: If you deposit $700 into an account paying 5.5% annual interest compounded monthly , how much money…

Q: You have decided to open a savings account and put $5000 in your local bank. If you had an interest…

A: Let t months would take you to earn at least $800 in interest. Given: interest rate: 1.3%…

Q: An initial deposit of $10,000 earns 1.5% interest and is left in the account for 10 years. How much…

A: It is given that, an initial deposit of $10,000 earns 1.5% interest and is left in the account for…

Q: An amount of $43,000 is borrowed for 6 years at 6.5% interest, compounded annually. If the loan is…

A: Interest is compounded annually, therefore n=1

Q: What interest will be earned if $6600 is invested for 2 years at 10% compounded monthly? (Round your…

A:

Q: You would like to have $550,000 when you retire in 35 years. How much should you invest each quarter…

A:

Q: How much money should you put in a savings account now that earns 3.0% a year compounded weekly if…

A: Given: Final amount= $80,000. time period t= 15 years. Interest applied weekly.(n=52)

Q: Anitemwill need replacing in 6 years from now at a cost of P128,000.00. How much should the owner…

A: By Bartleby policy I have to solve only first one as these 2 are unrelated problems     *** This is…

Q: You can invest your money at a rate of 6.5% compounded weekly. How much money will you have after 10…

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Q: Find the time required for an investment of 5000 dollars to grow to 7700 dollars at an interest rate…

A: Given: Principal amount = $5000 Final Amount = $7700 Interest rate = 5.5% Compounded Quaterly.…

Q: (a) If $1000 is invested at 5% compounded monthly, howmuch is there after 8 months?(b) If you want…

A: Given:         Amout of compound interest is given by,A=P1+rnntWhere,A= amount, P= initial amount,r=…

Q: Use the compound interest formula to determine the accumulated balance after the stated period.…

A: Solution of question as follows

Q: Find the compound amount and interest on P5,000 at 5 ½% for 5 years and 9 months compounded…

A:

Q: How much interest will you earn if you invest $800 for 3 years at a simple interest rate of 7%…

A: Principal Amount, P = $800 Time, t=3 yrs simple interest rate, r=7%=0.07 To evaluate : The interest…

Q: How much should be invested now at 5.4% compounded annually to have $26,000 in 13 years

A: Given  How much should be invested now at 5.4% compounded annually to have $26,000 in 13 years

Q: What is the present value of $7800.00 payable in six years if the current interest rate is 7.6%…

A:

Q: Say you have invested $20000 at a yearly interest rate of 19.5% compounded monthly. How many years…

A: Given data : Formula used:

Q: Find the time required for an investment of 7,000 dollars to grow to 14,000 dollars at an interest…

A: Given: Principal = $7000 Amount = $14000 Interest = 8% compounded monthly Formula used: A=P1+rnnt…

Q: $20,000 is invested at an annual interest rate of 12%, compounded semi-annually. What is the balance…

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Q: How much interest is earned in 5 years on $8400 deposited in an account paying 6% interest,…

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Q: Find the required annual interest rate to the nearest tenth of a percent for $1,100 to grow to…

A:

Q: What lump sum do parents need to deposit in an account earning 7%, compounded monthly, so that it…

A:

Q: How much will you get out after 12 years if you put away 1800 at 6% compounded monthly?

A:

Q: How much more would you earn in the first investment than in the second investment? $52,000 invested…

A: topic -  compound interest

Q: If you invest $7,000 in an account paying 3% interest compounded quarterly: how much will be in the…

A:

Q: The Smiths invest $10,000 in an account that grows to $12,000 in 5 years.  What is the annual…

A: The Smiths invest $10,000 time, t= 5 years Final amount=$12000  P=$10000 Compound interest,…

Q: How much do you need to get 850 after three years at 6% compounded quarterly?

A:

Q: 3) $10,000 is invested at 6% for 8 years. Find the amount of interest earned if interest is…

A: GIVEN; PRESENT VALUE (PV) = $10,000,  INTEREST RATE = 6%    & TIME = 8 YEARS

Q: Find the value of an investment of $8,300 after 14 years with 3.2% interest compounded monthly

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Q: Use the formula for present value of money to calculate the amount you need to invest now in one…

A: The future value (FV) of an investment of present value (PV) dollars earning interest at an annual…

Q: Enpa A loạn of $46,000 is made at 4.5% interest, compounded annually. After how many years will the…

A:

Q: How much will you need to put away to get 700 after 9 years at 6% compounded monthly?

A: A=700 Time = 9 years ROI = 6% = 0.06 n=12 ( Compounded monthly)

Q: How much will you need to save per month to have $200,000 after 12 years, if your account earns 5%…

A: This question can be solved using the concept of annuity.

Q: An initial deposit of $11,000 earns 4% interest, compounded monthly. How much will be in the account…

A:

Q: About how long will it take $10,000 invested at 5.2 compounded monthly to double

A: topic - logarithmic and exponential function

Q: How much must a person put into the bank today if he wants $50,000 in 5 years at 6% compounded…

A: Sol

Q: You have just received $135,000 from the estate of a long-lost rich uncle. If you invest all your…

A: Solution:-

Q: ind the interest rate needed for an investment of $7,000 to grow to an amount of $10,500 in 7 years…

A: formula : where, r = interest rate t = time period = 7 years n = number of compound in a year = 4…

Q: Use the compound interest formula to compute the total amount accumulated and the interest earned.…

A:

Q: Find the amount that should be deposited today at 8% compounded monthly to receive $2,000 in 6…

A:

Q: What lump sum do parents need to deposit in an account earning 6%, compounded monthly, so that it…

A:

Q: About how many years will P 100,000 earn a compound interest of P50,000 if the interest rate is 9%…

A: Here P=50,000 F V=100,000 r=9%=0.09 n=4

Q: How much will you need to put away to get 1500 after 13 years at 9% compounded monthly?

A:

Q: An amount of  $21,000  is borrowed for  6  years at  7.5%  interest, compounded annually. If the…

A:

Q: amount of $40,000 is borrowed for 8 years at 5% interest, compounded annually. If the loan is paid…

A:

Q: What lump sum do parents need to deposit in an account

A:

Q: invest $15,000 at 5.5% interest compounded monthly for 12 years. How much will you have accumulated…

A: Given that there is a investment $15,000 at 5.5% interest compounded monthly for 12 years.

Q: Use the compound interest formula to determine the accumulated balance after the stated period.…

A: the compound interest formula is given by

Equations and Inequations

Equations and inequalities describe the relationship between two mathematical expressions.

Linear Functions

A linear function can just be a constant, or it can be the constant multiplied with the variable like x or y. If the variables are of the form, x2, x1/2 or y2 it is not linear. The exponent over the variables should always be 1.