Find the balance if $24000 is invested in an account paying 7 % interest compounded semi-annually for 8 years. The balance will be: $

Q: Marwan provides a donation of $4291 to a college with the provision that a scholarship is paid at…

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Q: You deposit $3000 in an account earning 5% interest compounded monthly.  How much will you have in…

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Q: You deposit $3000 in an account earning 3% interest compounded monthly. How much will you have in…

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Q: You deposit $6000 in an account earnings 3% interest compounded monthly. How much will you have in…

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Q: You deposit $1,000 in an account at the Lifelong Trust Savings and Loan that pays 2% interest…

A: Given: Amount deposited=$1000Rate of interestcompound=2% quaterly To Find: Amount after 10 years.

Q: Arianna invests $5600 in a new savings account which earns 5.9% annual interest, compounded…

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Q: You deposit $8400 into an account earning 6% interest compounded quarterly. How much interest will…

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Q: Dylan takes out a bank loan of $11,500 at 3.8% interest compounded annually. How much interest, in…

A: Given data is : Loan P=$11500 Interest rate r=3.8%, compounded annually. Time t=3 years To find the…

Q: You deposit $1,000 in an account at the Lifelong Trust Savings and Loan that pays 7% interest…

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Q: You deposit $2000 in an account earning 2% interest compounded monthly. How much will you have in…

A: given, principal (P)=$2000           interest  rate (R)=2%= 2/100 =0.02     (for compounded monthly…

Q: Springfield Florist plans to replace its delivery vehicle in three years. If they set aside $16,000…

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Q: You deposit $300 in an account earning 6% interest compounded annually. How much will you have in…

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

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Q: You deposit $3000 in an account earning 4% interest compounded monthly. How much will you have in…

A: The formula of compounded interest is P'=P1+rnnt where P= original principal sum P'=new principal…

Q: Darnell deposts $4000 in a bank account which pays 13.39% interest compounded monthly.  How many…

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Q: Sam deposits $400 at the end of every 6 months in an account that pays 7%, compounded semiannually.…

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Q: You deposit $4,000.00 each year into an account earning 2% interest compounded annually. How much…

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Q: You deposit $1,000 in an account at the Lifelong Trust Savings and Loan that pays 5% interest…

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Q: You deposit $1,000 in an account at the Lifelong Trust Savings and Loan that pays 7% interest…

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Q: Grace's bank has a Cerificate of Deposit with an APR of 5% compounded monthly. (a) If Grace deposits…

A: Here, the formula used is: CI=P1+rnnt Here, CI is compound interest, P is the principal amount, r is…

Q: you deposit $300 each month into an account earning 2% interest compounded monthly. How much will…

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Q: You deposit $400 in an account earning 4% interest compounded annually. How much will you have in…

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Q: Sam begins saving for a down payment on a house using an investment account. The account earns…

A: Let's find.

Q: Use the formula A = P(1+ )“ to find the total amount of money accumulated for an initial investment…

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Q: You deposit $4000 in an account earning 8% interest compounded monthly. How much will you have in…

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Q: Find the balance if $23000 is invested in an account paying 6 % interest compounded quarterly for 11…

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Q: Find the amount a college student owes at the end of 2 years if 56400 is loaned to her at a rale of…

A: Given query is to find amount need to be paid after 2 years.

Q: Arianna invests $5600 in a new savings account which earns 5.4% annual interest, compounded…

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Q: Jason started to deposit P20,000 quarterly in a fund that pays 2% compounded quarterly. How much…

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

Q: You deposit $500 each month into an account earning 3% interest compounded monthly. How much will…

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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: You deposit $2000 in an account earning 6% interest compounded monthly. How much will you have in…

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Q: An investment fund pays 3.25% per year, compounded monthly, on all money invested. How much interest…

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Q: Inga Moffitt invests a bonus of $9000 at 6% annual interest compounded semiannually for4 years. How…

A: P=$9000,  r=6%=0.06,  t=4  &  n=2 Now total amount earned is,…

Q: At the beginning of every three months, a college student deposits P3,000 in a fund that gives 2%…

A: Given:      Principal =$3000     Quarterly Interest rate =2%=2%4=0.5%=0.005     number of times n=3…

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: You deposit $300 in an account earning 7% interest compounded annually. How much will you have in…

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Q: You deposit $2000 in an account earning 6% interest compounded monthly. How much will you have in…

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Q: Mindy invests $4500 at 6% interest. Compounded semi-annually. How much interest will be added after…

A: We can solve the problem by the rule of compound interest.

Q: Snape made a deposit of $495 into an account that pays 3% interest compounded annually. How much…

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Q: You deposit $300 in an account earning 5% interest compounded annually. How much will you have in…

A: Here,  P= 300$ i = 5% = 0.05 n= 20 years

Q: You deposit $1,500 in an account at the Lifelong Trust Savings and Loan that pays 6% per year…

A: We have PV=$1500         , Present Valuer    =6                , Rate of interestm  =4…

Q: Find the annual simple interest rate of a loan, where $600 is borrowed and where $666 is repaid at…

A: Given data: Principle  = $600 Amount = $666 Time period = 15 months To find: Annual simple interest…

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: Use the formula A = P(1 + )" to find the total amount of money accumulated for an initial investment…

A: Topic- compound interest

Q: You deposit $400 each month into an account earning 6% interest compounded monthly. How much will…

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Q: You deposit 130 each month into a savings account that pays 5.5% compounded monthly. How much will…

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Q: You deposit $1,000 in an account at the Lifelong Trust Savings and Loan that pays 4% interest…

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Q: Berno deposits $30,000 into an account paying 4.25% annual interest, compounded monthly. How much…

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Q: You deposit $200 in an account earning 4% interest compounded annually. How much will you have in…

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