Ed puts PhP 45,000 into an account to use for future expenses. The account earns 13%, compounded quarterly. How much will be in the account after 8 years?

Q: Hannah has $33,292 in a savings account with simple interest. If she deposited $28,700 two years…

A: NOTE: Refresh your page if you can't see any equations. . here we have  A=33292 P=28700 t=2 years

Q: Mark deposits $1000 each month in a retirement plan paying 7% compounded monthly. How much will he…

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Q: Margo borrows $2000, agreeing to pay it back with 2% annual interest after 8 months. How much…

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Q: Amanda invests $5400 in a new savings account which earns 5.8 % annual interest, compounded monthly.…

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Q: John got $5000  from his grandmother to pay her tuition fee.He invested this amount at a 10% rate of…

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Q: Andy deposits $5000 into an account where intrerest is compounded biweekly. After five years, andy…

A: Compound interest:In compound interest, interest is added back to the principal sum so that interest…

Q: In order to accumulate enough money for a down payment on a house, a couple deposits $385 per month…

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Q: The sum of Php 15,000 was invested for 3 years at 9% interest compounded semiannually (a) how much…

A: Given that : Principal (P) = 15000 Rate (r) = 9 % annually... For semiannually rate becomes  9/2 %…

Q: 7700 dollars is placed in an account with an annual interest rate of 5.75%. How much will be in the…

A: I have Provided this answer in step-2.

Q: Clyde inherited his grandparents' estate and th grandmother's parents had created for her whe now…

A: The total worth now A=$34900 Rate of interest r=6.5% Time t=76 years For Quarterly n=4  Let original…

Q: Melissa Blum deposits $7500 of lottery winnings in an account paying 6% interest compounded monthly.…

A: Effective rate for compound interest: If r is the annual stated rate if interest and m is the number…

Q: Find the amount owed at the end of 3 years if $600 is loaned at a rate 3% compounded monthly. (Round…

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Q: Justin received an excellent interest rate for his loan of $7,000. Calculate the nominal interest…

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Q: Curtis invested $4200 into an account that pays 1% interest compounded annually. How much money…

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Q: Maggie took out a car loan in the amount of $54,200. Her loan agreement says that she will pay the…

A: Given: The loan amount is $54200. The interest rate is 15.1% compounded annually. The duration is 2…

Q: Find the total interest paid of the loan if the amount borrowed is OMR 25,000 at 5% interest for 8…

A: I am using Simple Interest formula for this. S.I.=(25,000*5*8)/100 S.I.=OMR 10,000

Q: Lupita deposited $5,000 into a savings account that earns 2% interest compounded annually. Rounded…

A: To Determine: how much interest will Lupita have earned after 48 month Given:  Lupita deposited…

Q: At the end of 6 months, Mr. White pays Php 12,500.00 per month to the bank for 5 years for the car…

A: Given:  P(Principal amount per month)=$12500 R(Rate of…

Q: Maura received $1000 from friends and family for college graduation. If she deposits her money into…

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Q: Ahmad earned $475 last summer. He deposited this money in an account that pays an interest rate of…

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Q: takes the loan for a year, what will be his monthly payment to the nearest penny to repay the loan…

A: The datas given in the question are  Principal=$450 Interest rate=9.9 Time period=1 year

Q: Margo borrows $1900, agreeing to pay it back with 5% annual interest after 11 months. How much…

A: Given data, Borrowed amount (P) = $1900 Annual Interest (R) = 5% = 0.05 Time (T) = 16 months = 11/12…

Q: Dylan deposited $4,000 in a 3-year CD account that pays 3.08% interest, compounded weekly. What is…

A: Use formula of compound interest weekly.

Q: You took out a loan of $8,000 in 2015 at an interest of 6% simple interest. What is the total amount…

A: We have to solve the given question.

Q: present value of the loan

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Q: 6700 dollars is placed in an account with an annual interest rate of 8%. How much will be in the…

A: Principal P=6700Rate R=8%Time T=24 yearsInterest after 24 yearsI=PxRxTI=670x8x24100I=12864

Q: Milena deposited ​$9,000 in a certificate of deposit​ (CD) account that pays 3​% annual​ interest…

A: Given query is to find the amount accumulated in the account after 5 years.

Q: Jenn borrowed $900 from her sister at a simple interest rate of 1.5%. If Jenn will pay back her loan…

A:

Q: teach

A: Given, A teacher saves P5,000 every 6 months in the bank that pays 0.25% compounded monthly.

Q: Lori buys a $1,075 certificate of deposit (CD) that earns 3.2% interest that compounds monthly.  How…

A: Monthly interest rate and future value will be calculated using the formula,

Q: Zayn buys a new phone for $600 and pays for it over two years with 6.% simple annual interest. What…

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Q: Dobby borrowed $5,000 to start a foundation for recently freed house elves. If he pays the money…

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Q: In order to accumulate enough money for a down payment on a house, a couple deposits $431 per month…

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Q: In 25 years A bond with a 4.75 annual interest rate earned 2375 as interest what was the principal…

A: In 25 years A bond with a 4.75 annual interest rate earned 2375 as interest. what was the principal…

Q: Marcos's savings account has a balance of $ 4,643. After 25 years, how much will your profit be at…

A: Compound interest formula:  , where A is amount after t year, P is initial amount, t is number of…

Q: Nina paid Php29,121.79 to settle a loan made 3 years before at 6½ % interest compounded quarterly.…

A: The formula for the compound interest is A=P(1+rn)nt. Here, the A is the amount, P is principal, r…

Q: Ms. Cruz borrowed ₱50, 000 and repaid it 5 years later. If money earns interest at16% compounded…

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Q: Michelle invests in a savings account that pays 8% interest compounded monthly. What is the APY for…

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Q: Daniel paid $825 simple interest on a $1,400 loan for 5 years. What was the interest rate?

A: Here we have to find the interest rate i.e 'r'.

Q: You take out a Php 20, 000 loan at a 5% interest rate. If the interest is compounded annually, how…

A: Given P = 20000R = 5T = 10

Q: Lucy deposits $8000 into an account that pays simple interest at a rate of 3% per year. How much…

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Q: In order to accumulate enough money for a down payment on a house, a couple deposits $327 per month…

A: This is the problem related to financial mathematics and we are advanced math expert and have option…

Q: In order to help pay for his trip abroad for his spring semester of his senior year in college, Marc…

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Q: Bailey received a loan of $13,690 from her friend. If she was charged the interest amount of $965 at…

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Q: In buying a car, Amiel pats P 210,000.00 cash and agrees to pay P790,000.00 for 4 years at 12%…

A: Given that, in buying a car, Amiel pats P 210,000.00 cash and agrees to pay P790,000.00 for 4 years…

Q: Stefan borrowed $8,950 for an engagement ring. At a 6.85% simple interest rate, how much total will…

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Q: Lori buys a $411 certificate of deposit (CD) that earns 4.6% interest that compounds monthly.  How…

A: Monthly interest rate and future value will be calculated using the formula,

Q: Tommy deposited Php45,000 on September 6, 2012 in an account that pays 7% interest compounded…

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Q: Tessa invests $5600 in a new savings account which earns 3.9 % annual interest, compounded monthly.…

A: Formula to find the value of final amount is A=P1+rnnt where A-Total amount at the end of the time…

Q: $5000 are invested in a bank account at an interest rate of 5 percent per year.

A: