Find the accumulated amount A if the principal P is invested at the interest rate of r/year for t years. (Use a 365-day year. Round your answer to the nearest cent.) P = $43,000, r = 7.75%, t = 9, compounded quarterly

Q: How much would you need to deposit in an account now in order to have $3000 in the account in 5…

A: From the provided information is  Present value=Amount*(1+rate)-period  PV=3000*(1+(0.066))-6*5…

Q: Find the effective annual interest rate r (as a percent) of the given nominal annual interest rate.…

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Q: Calculate the present value. (Round your answer to two decimal places.) A = $42,000, r = 7.8%…

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Q: Find the accumulated amount A, if the principal P is invested at an interest rate of r per year for…

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Q: Use the compound interest formula A=P(1+r)' to find the annual interest rate, r, if in 2 years an…

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Q: yana received a family gift of $2,500 for graduation. She wants to invest it for 4 years at a rate…

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Q: Find the accumulated amount A if the principal P is invested at the interest rate of r/year for t…

A: we have given P=$42,000,r=234%,t=7A=P1+r4t×4=420001+2316007×4=420001.01437528=62633.737981

Q: If $19,000 is invested in an account for 15 years. Find the value of the investment at the end of 15…

A: Given that $19,000 is invested in an account for 15 years. We have to find value of the investment…

Q: Find the amount that results from the investment. Round the answer to the nearest cent. $480…

A: If P is present value and r is the rate compounded n times in a year, then the future value (A) at…

Q: Find the accumulated amount A if the principal P is invested at the interest rate of r/year for t…

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

Q: Determine how much is in each account on the basis of the indicated compounding after the specified…

A: Note: There are many subparts in the question so I will answer the first three subparts. Other…

Q: uppose that $5,000 is invested at 5.8% annual interest rate, compounded monthly. How much money will…

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Q: Find the effective annual interest rate r (as a percent) of the given nominal annual interest rate.…

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Q: Find the accumulated amount A if the principal P is invested at the interest rate of r/year for t…

A: See the attachment

Q: Find the accumulated amount A if the principal P is invested at the interest rate of r/year for t…

A: It is given that , Principal ,P=$1600 , Rate r=8% and t=3.5 . The formula for amount accumulated A,…

Q: Find the accumulated amount A if the principal P is invested at the interest rate of r/year for t…

A: There two ways for calculating interest : Simple interest compound interest  In simple interest ,…

Q: Find the effective annual interest rate r (as a percent) of the given nominal annual interest rate.…

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Q: Use the compound interest formula for compounding more than once a year to determine the accumulated…

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Q: Use the continuous compound interest formula to find the indicated value. A= $6,800 r=9.83% t=11…

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Q: Use the continuous compound interest formula to find the indicated value. A=$18,543; P=$10,500; t=72…

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Q: Find the accumulated amount A, if the principal P is invested at an interest rate of r per year for…

A: quarterly compounded formula    (CI)quarterly = p*{ 1+ (r/4)/100}^(4*t) where p = initial principal…

Q: (a) If $1100 is borrowed at 9% interest, find the amounts due at the end of 3 years if the interest…

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Q: Use the given information to find the amount A in the account earning compound interest after 6…

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Q: Determine how much is in each account on the basis of the indicated compounding after the specified…

A: Given  P=$7400r=3.8%t=1 year.

Q: Find the accumulated amount A, if the principal P is invested at an interest rate of r per year for…

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Q: Find the accumulated amount A if the principal P is invested at the interest rate of r/year for t…

A: By using formula the accumulated amount is given as follows :

Q: 18. Adwoa invested $3500 at 4.1% per year, compounded monthly, for 5 years. Determine the final…

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Q: Find the accumulated amount A, if the principal P is invested at an interest rate of r per year for…

A: Suppose that initial principal (P) $17000 is invested for (t) 10 years at an interest rate(r) of 7%…

Q: Find the present value. Round to the nearest cent. To get $10,500 after 9 years at 7% compounded…

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Q: Find the effective yield of an investment that earns 3.9% compounded weekly. 0.91 round to the…

A: To find An effective yield of an investment that earns 3.9% compounded weekly

Q: How much should a mother invest at the time her daughter is born in order to provide her with…

A: A mother invest at the time her daughter is born in order to provide her with$95,000 at age 18. The…

Q: Determine how much is in the account on the basis of the indicated compounding after the specified…

A: Given,          p =$7900          r  =4.5%

Q: Find the amount in the account for the given principal, interest rate, time, and compounding period.…

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Q: Calculate the present value A=$20000, r=8%, compounded monthly, t=7 years

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Q: (a) If $1000 is borrowed at 9% interest, find the amounts due at the end of 3 years if the interest…

A: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question and…

Q: Find the effective annual interest rate r ( as a percent) of the given nominal annual interest rate.…

A: Given: Nominal annual interest rate (i): = 7% = 0.07 and compounded monthly (n) = 12   here find the…

Q: Find the accumulated amount after 6 years if $1,000 is invested at 10% per year, compounded: (Round…

A: By using formulaes we solve the given problem as follows :

Q: Find the time required for an investment of 5000 dollars to grow to 7200 dollars at an interest rate…

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Q: Td the present valun of $7000 payable at the end of 2 years, lf money may be invested at 4% with…

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Q: (a) If $1100 is borrowed at 9% interest, find the amounts due at the end of 3 years if the interest…

A:

Q: Find the accumulated amount A if the principal P is invested at the interest rate of r/year for t…

A: We have given P=$140,000, r=7%, t=514. And interest is compounded monthly. We know that when…

Q: Solve the problem. Find the amount of interest earned on the following deposit: $1,000 at 4%…

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Q: If $300 is invested at a rate of 6% per year and is compounded quarterly, how much will the…

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

A: Present value interest factor can be calculated using following formula = Amt*(1/1+i)^n

Q: Find the amount that results from the investment. Round the answer to the nearest cent $480 invested…

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Q: Find the amount accumulated after investing a principal P for t years at an interest rate compounded…

A: We have to find the compound interest

Q: Find the accumulated amount A if the principal P is invested at the interest rate of r/year for t…

A: Given,

Q: Calculate the present value. (Round your answer to two decimal places.) A = $30,000, r = 6%…

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Q: Assume that there are no deposits or withdrawals. An initial deposit of $14,000 earns 8% interest,…

A: here we will find final amount in account after 6years with compound interest,