FIL in the blank. To find the amount A in an account after t years with principal P and an annual interest rater (in decimal form) compounded n times per year, use the formula Need Help? Read It

Q: |0. Sergio's investment of $4,000 earns 2% interest compounded annually. What will be the value of…

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

A: The formula used to calculate the amount (including Principle amount) is: A=P1+r/n100nt where A is…

Q: $1000 invested at an investment account that pays 6% interest yearly. What will be the amount of…

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Q: The year Julia was born the Yanda family invests $5,000 into an account that earns 6.25% compound…

A: Given that:                       Initial investment, P=$5000Rate of interest, r=6.25%Time period,…

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

A: A=P(1+r)t

Q: Ned deposits $15,000 in a certificate of deposit. The annual rate is 10% and will be compounded…

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Q: Jason and Naomi have a new grandson. How much money should they invest now so that he will have…

A: Formula for interest compounded semiannually : where, A=76000t=18 yearsr=5.35%=0.0535n=2 as it was…

Q: Fill in the blank. To find the amount A in an account after t years with principal P and an annual…

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Q: Name: 1. Billy's mother put $100 into a bank account for him when he was born. The account gained…

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Q: You deposit $10,000 in an account that pays 2.88% annual interest. Find the balance after 2 years…

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Q: Finance. Suppose that $3,800 is invested at 3.4% annual interest rate, compounded monthly. How much…

A: Given,  Principal = p = $ 3800Rate of interest = r = 3.4 % annually , compounded monthly We have to…

Q: Find the total amount a college student has in a savings account if $14,000 was invested and earned…

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Q: Finance. Suppose that $5,600 is invested at 5.1% annual interest rate, compounded monthly. How much…

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Q: 5. Latrecia starts a savings account with $75 that earns 1.5% interest, compounded monthly. How much…

A: (5)- According to question given that Latrecia savings account (P)=$75Interest=1.5%=0.015n=5…

Q: 8. Willa deposited $5,000 in an account that pays 5% compounded annually. Which expression can be…

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Q: Finance. Suppose that $3,300 is invested at 3.9% annual interest rate, compounded monthly. How much…

A: topic - functions

Q: You deposit $10,000 in an account that pays 2.88% annual interest. Find the balance after 2 years…

A: The objective is to find the balance after 2 years.

Q: Use the compound interest formula  ?=?(1+??)??A=P(1+rn)nt  to complete this problem.   If you…

A: you invest $9200 in an account that pays an annual percentage rate (APR) of 5.76%, and the interest…

Q: Find the final amount of money in an account if 38, 800 is deposited at 5 % interest compounded…

A: The final amount can be calculated using the compound interest formula given as:       Compound…

Q: You deposit $400 in an account that pays 2.4% annual interest compounded monthly. a. When does your…

A: The formula for compound interest is  A=P1+rnnt where A is the amount, P is the principle amount, r…

Q: You deposit $3000 in an account earning 8% interest compounded quarterly. How much will you have in…

A: P=Principle=$3000t=time=15 yearsr=interest rate=8%=0.08A=final amount=?n=number of times compounded…

Q: Ned deposits $10,000 in a certificate of deposit.  The annual rate is 7% and will be compounded…

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Q: nt Using the formula: A = P (1+), determine how many years, to the nearest hundredth, it will take…

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

A: Given that: P=110,000r=2.5  %=0.025t=5 yearsn=1     componded  Annually

Q: Find the final amount of money in an account if $1, 500 is deposited at 3 % interest compounded…

A: Given: P = 1500 r = 3% = 3/100 = 0.03 t = 5  Compounded weekly , which means n = 52  Now, We find…

Q: A person invests 9000 dollars in a bank. The bank pays 4.25% interest compounded daily. To the…

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Q: nt Find the total amount a college student has in a savings account if $8,000 was invested and…

A: To find the total amount a college student has in a savings account if $8,000 was invested and…

Q: nt Using the formula: A = P(1+) , determine how many years, to the nearest hundredth, it will take…

A: Given: Principal = $30,000 Rate = 1% per month Formula used: A=P1+rnnt Here A is the amount, r is…

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

A: Given data- Principal(P) = $16,397. Interest rate(r) = 5.2%. Number of compounding periods per year…

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

A: Principal amount, P = $11742 Interest rate, r = 6.4% = 0.064 Time, t = 3 years Number of times the…

Q: A person invests 4500 dollars in a bank. The bank pays 4.75% interest compounded semi-annually. To…

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Q: ne blank. To find the amount A in an account after t years with principal P and an annual interest…

A: To find the formula for compound interest

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

A: Given that P=principal=18504r=interest rate=2.5%=0.025n=number of times compounded in a…

Q: Finance. Suppose that $7,500 is invested at 4.2% annual interest rate, compounded monthly. How much…

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Q: Finance. Suppose that $4,800 is invested at 5.2% annual interest rate, compounded monthly. How much…

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Q: You deposit $4000 in an account earning 2% interest compounded monthly. How much will you have in…

A: From the provided information FV=P*((1+r)n-1r)FV=4000*((1-0.02)5-10.02)FV=20816

Q: A man wants to buy a $33,000 car. He will put 20 % down and finance the rest over 4 years. How much…

A: Cost of car = 33,000 Down payment = 6,600 Loan amount = 26,400 Here P (principal amount)=26,400 R=…

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

A: Compound interest

Q: Barbara put P100 into banks savings account. The account accrues a 9% interest rate compounded…

A: Given: Amount =P100 . Rate of interest= 9%  Time n= 12 years

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

A: Given interest is compounded annually.

Q: Hamed deposit R.0 (A + 130) in a B% account and compounded quarterly. At the same time Ismail…

A: Given that Hamed deposit R.O (A+130) in a B% account and compounded quarterly Ismail deposit R.O…

Q: Danny has $30 in a savings account that earns 10 % interest per year. The interest is not…

A: Interest I on the principal P at the rate r% for T years is given as I=P(R%)T =PRT100

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

A: Principal =$140000 Rate=4.5% Compounded =annually  Time=20.

Q: Finance. Suppose that $7,500 is invested at 5.7% annual interest rate, compounded monthly. How much…

A: Investment is (P)= $7,500  Interest (r)= 5.7% = 0.057  n= 12 find amount in  A) 6 months , B) in 7…

Q: You deposit $2000 in an account earning 5% interest compounded monthly. How much will you have in…

A: Given:    A = 2000    t = 10   r = 5% = 5/100 = 0.05  Compound Monthly : n = 12

Q: Use the compound interest formula A = P (1 + -) to solve. 6) An amount of 10250 is invested in an…

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Q: Calculate the total interest when 10,000 is put in a bank that offer an annual interest of 6%…

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Q: Find the final amount of money in an account if 38, 100 is deposited at 7% interest compounded…

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Q: Fill in the blank. To find the amount A in an account after t years with principal P and an annual…

A: The objective is to fill the blank. Given that the amount A in an account after t years with…

Q: You deposit $400 in an account that pays 2.4% annual interest compounded monthly. a. When does your…

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