Find the accumulated value of an investment of $20,000 for 5 years at an interest rate of 4.5% if the money is a. compounded semiannually; b. compounded quarterly; c. compounded monthly d. compounded continuously. Round answers to the nearest cent. Click the icon to view some finance formulas. ..... a. What is the accumulated value if the money is compounded semiannually? (Round your answer to the nearest cent.) - X Formulas In the provided formulas, A is the balance in the account after t years, P is the principal investment, r is the annual interest rate in decimal form, n is the number of compounding periods per year, and Y is the investment's effective annual yield in decimal form. nt A A = P = A =Pert Y = - 1 (1)" nt

Q: Find the accumulated amount after 3 years if $4000 is invested at 4%/year compounded in the…

A:

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

A:

Q: What interest will be earned if $6600 is invested for 2 years at 12% compounded monthly? (Round your…

A:

Q: If $1500 is invested at an interest rate of 5.75% per year, compounded quarterly, find the value of…

A: Here we find the compound interest on investment.

Q: If 10 thousand dollars is invested at an interest rate of 5 percent per year, find the value of the…

A:

Q: To help pay for an estimated $35000 in college expenses, parents make a deposit into a college fund…

A: To help pay an estimated $35000 in college expenses, parents make a deposit into a college fund at…

Q: When your first child is born, you begin to save for college by depositing $700 per month in an…

A: The given values are as follows.

Q: What interest will be earned if $6000 is invested for 5 years at 13% compounded monthly? (Round your…

A:

Q: If $11,000 had been invested in a certain investment fund on September 30, 2008, it would have been…

A:

Q: If $3000 is deposited at the end of each half year in an account that earns 6.5% compounded…

A: Given that the annual deposited amount P=$ 3000   Amount of annuity A=$ 130000   Rate of interest…

Q: If 48400 dollars is invested at an interest rate of 5 percent per year, find the value of the…

A: GIVEN  p is principal amount =48400$  r is rate of interest  =5% t is time period =5 years n is the…

Q: Find the value of $15,000 at the end of one year if it is invested in an account that has an…

A:

Q: If a savings fund pays interest at a rate of 6% per year compounded semiannually, how much money…

A:

Q: Ben Franklin's gift of $5,000 to New York City grew to $7,000,000 in 200 years. At what interest…

A: The principal amount, P = $5,000 Future amount, A = $7,000,000 Time, t = 200 years The number of…

Q: A bank has decided to set its interest rates to compound monthly on all deposits in order to give…

A: We know the compound interest formula:A=P1+rnntwhere A=Principal amount +interest Amount…

Q: What interest will be earned if $6700 is invested for 2 years at 10% compounded monthly? (Round your…

A: Given

Q: if $2000 is invested at an interest rate of 6.5% per year, compounded daily, find the value of the…

A:

Q: What interest will be earned if $6800 is invested for 7 years at 12% compounded monthly? (Round your…

A:

Q: If 14900 dollars is invested at an interest rate of 9 percent per year, find the value of the…

A: “Since you have posted a question with multiple sub-parts, we will solve first three subparts for…

Q: What interest will be earned if $6100 is invested for 7 years at 13% compounded monthly? (Round your…

A:

Q: What present value P amounts to $280,000 if it is invested at 7%, compounded semiannually, for 16…

A:

Q: Calculate, to the nearest 0.1%, what annual interest rate would be required if you invested $6,000…

A:

Q: What interest will be earned if $6500 is invested for 8 years at 13% compounded monthly? (Round your…

A: The given principal value P = $6500 The given time t = 8 years = 12*8 = 96 months  Interest rate =…

Q: If 28100 dollars is invested at an interest rate of 10 percent per year, find the value of the…

A:

Q: Calculate, to the nearest cent, the present value of an investment that will be worth $1,000 at the…

A: Given:-A=$1,000Period (t)=5 years Interest rate (r)=5.7%=5.7100=0.057n=52Apply the fomula  Present…

Q: If $1300 is invested at an interest rate of 6.75% per year, compounded quarterly, find the value of…

A:

Q: When your first child is born, you begin to save for college by depositing $700 per month in an…

A:

Q: If $1000 is invested at an interest rate of 3.5% per year, compounded daily, find the value of the…

A: Given data  Investment P=1000  interest rate r=3.5% =0.035  Compounded daily=n=365  Value of the…

Q: Suppose that Tom invests $10,000 in an account that offers r% annual interest, compounded quarterly.…

A:

Q: An account is opened with an initial deposit of $100 and earns 3.0% interest compounded monthly.…

A: From the given data

Q: years

A: Compounded quarterly, i.e. 4 times every year,    Investment  =  $1400  Rate  =  3.75%  =  0.0375…

Q: What interest will be earned if $6100 is invested for 2 years at 11% compounded monthly? (Round your…

A: Follow next step

Q: If $1200 is invested at an interest rate of 2.75% per year, compounded quarterly, find the value of…

A: Use formula to calculate

Q: If $7,000 had been invested in a certain investment fund on September 30, 2008, it would have been…

A: Thanks for the question :)And your upvote will be really appreciable ;)

Q: Recent sales of some real estate and record profits make it possible for a manufacturer to set aside…

A: Given Amount =$1,000,000 time 6 years rate 7.7%

Q: What interest will be earned if $6500 is invested for 2 years at 11% compounded monthly? (Round your…

A:

Q: If 41200 dollars is invested at an interest rate of 10 percent per year, find the value of the…

A: Consider the provided question, Invest 41,200 dollars at an interest rate of 10%. We have find the…

Q: If $2500 is deposited at the end of each quarter in an account that earns 5% compounded quarterly,…

A: Given: The amount $2500 is deposited at the end of each quarter in an account that earns 5%…

Q: If 38900 dollars is invested at an interest rate of 5 percent per year, find the value of the…

A: Topic:- Algebra

Q: If 32800 dollars is invested at an interest rate of 8 percent per year, find the value of the…

A: A=P1+rnntwhere P = principal amount (the initial amount you borrow or deposit )r = annual rate of…

Q: What interest will be earned if $6600 is invested for 7 years at 10% compounded monthly? (Round your…

A:

Q: What present value amounts to $20,000 if it is invested for 15 years at 6% compounded…

A: Compound interest: Formula :  A=P1+rnnt where ; A is the amount . P is the principal or invested…

Q: What present value P amounts to $260,000 if it is invested at 7%, compounded semiannually, for 18…

A: Given that present value P amounts to $260,000 if it is invested at 7%, compounded semiannually, for…

Q: What present value P amounts to $270,000 if it is invested at 8%, compounded semiannually, for 12…

A: Determine the present value of an investment that amounts to $270,000 in 12 years if compounded…

Q: If 48000 dollars is invested at an interest rate of 9 percent per year, find the value of the…

A:

Q: What present value P amounts to $300,000 if it is invested at 8%, compounded semiannually, for 18…

A:

Q: If 23200 dollars is invested at an interest rate of 7 percent per year, find the value of the…

A:

Q: What present value P amounts to $250,000 if it is invested at 6%, compounded semiannually, for 15…

A: P = A / (1 + r/2)2 x n where P = present value A = amount in future r = rate per annum compounded…

Q: A young man is the beneficiary of a trust fund established for him 21 yr ago at his birth. If the…

A:

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,