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Find the compound amount and interest on 720 for 40 years and 6 months at 4 ½% compounded quarterly.
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- Find the compound interest accumulated on BD 14500 at the end 9 years if it is invested at 4% compounded quarterlySolve for the compound amount and compound interest earned if $ 825 is invested for 10 years at 4% compounded annually.Find the amount at the end of 2 years if $1,000 was invested at 5% simple interest; 5% compounded quarterly and 5% compounded monthly
- Solve for the compound amount and compound interest at the end of 1 year if S7,000 is invested at 4% compounded quarterly.Calculate the compound interest on an investment of $7500 at 8% interest compounded quarterly for 8 yearsAn initial investment of $480 earns interest for 7 years in an account that earns 13%interest, compounded quarterly. Find the amount of money in the account at theend of the 7 year period
- Find the accumulated value of payments which total 640 per year paid in equal installments at the start of each quarter for 5 years. The nominal rate of interest compounded monthly is 8%. Round your answer to two decimal placesA principal, $30, is invested at 6% interest for 2 years. Determine the future value if the interest is compounded annuallyCalculate the compound amount when $7000 is deposited in an account earning 9% interest, compounded quarterly, for 6 years. (Round your answer to two decimal places.)
- If $900 is invested at 10% compounded quarterly, what is the interest earned after a) 4 years Interest earned = $ b) 3 yearsInterest earned = $Compound interest at the end of 8 years. with a principal amount of 10,000 and an annual intrest rate of 5% and the interest is compounded monthly what is the amount after 8 yea100 is deposited into an account at the beginning of every 4-year period for 40 years.The account credits interest at an annual effective rate of i.The accumulated value in the account at the end of 40 years is X, which is 5 timesthe accumulated value at the end of 20 years.Calculate X
