Find the compound amount and interest on P5,000 at 5 ½% for 5 years and 9 months compounded quarterly

Q: Find the compound amount and compound interest on $9000 invested at 4% compounded continously for 4…

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Q: You deposit $5000 each year into an account earning 7% annual interest compounded annually. How much…

A: Use formula to calculate

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

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Q: sted is compounded monthly rather than compounded annually?

A: We cannot add funds to the present account so annuity will cover the present worth but cannot be…

Q: Find the equivalent amount of P2,825.00 in 8 years at 5% compounded quarterly

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Q: Find the balance on an account if you invest $ 759 at 3.9 % for 2 years compounded monthly.

A: Given: Amount of money invested is $759. Rate of interest is 3.9%. Time is 2 years. Rate is…

Q: Use the compound interest formula to compute the total amount accumulated. $3,500 for 8 years at…

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Q: Gallant invests starting at age 25 until he retires at age 65. If he invests $2400 each yearat 9.6%…

A: J

Q: 6. What is the compound amount on P25,000 for 5 years at 8%, compounded quarterly?

A: Since there are multiple questions the first questions is answered as per our guidelines. kindly…

Q: Use the compound interest formula to compute the total amount accumulated and the interest earned.…

A: Given that,Principal amount = $3000Rate = 6%Time = 2 years

Q: Crystal made equal deposits at the beginning of every 3 months into an RRSP. At the end of 6 years,…

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Q: Use the compound interest formula to determine the accumulated balance after the stated period.…

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Q: A loan of $27,000 is made at 8.25% interest, compounded annually. After how many years will the…

A: A=P1+rtP is the initial amountA is the amount after t years.r is the rate of interest

Q: Juan Dela Cruz wants to deposit ₱5,000 every quarter at 16% compounded quarterly for 5 years. How…

A: We have to find out solution

Q: $10,000 is invested for 10 years with an APR of 2% and quarterly compounding.

A: Given information P=$10,000 Rate of interest r=2%  ⇒r=2100=0.02 Time t=10 years For quarterly…

Q: Brian invests $15,500, at 6% interest, compounded semiannually for 2 years. Manually calculate the…

A: Given: Brian invests $15,500, at 6% interest, compounded semiannually for 2 years.

Q: Find and Annual Percentage Yield (to the nearest 0.01%) in the following situation: A bank offers an…

A: Given: The annual percentage rate is 2.25% compounded quarterly

Q: How much should Alexandra's dad invest into a savings account today, to be able to pay for…

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Q: $10,000 is invested for 5 years with an APR of 2.75% and monthly compounding.

A: The complete solutions are given below

Q: Find the present value if $8600 is compounded quarterly for 4 years.

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Q: Brian invests $11,500, at 6% interest, compounded semiannually for 2 years. Manually calculate the…

A: Compound interest

Q: Breanna went to a bank and obtained a personal loan with an interest rate of 6.4% compounded…

A: Here we can use the fact that if bi-weekly interest rate is r then effective annual interest rates…

Q: Find the apy for an account earning 4.3% compounded six times a year

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Q: Find the effective rate of interest corresponding to a nominal rate of 12%/year compounded in the…

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Q: A deposit of $3, 000 earns 2% interest compounded semiannually. How much money is in the bank after…

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

A: ANSWER :

Q: Find the total amount after 10 years for the initial deposit of $30,000 with the interest rate of 5%…

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Q: An investment of $5,650 is made in an account compounded quarterly at 5.1%. How much will the…

A: The term per cent means for every hundred. A fraction whose denominator is 100 is called a…

Q: Find the annual percentage yield (to the nearest 0.01%) in each case. A bank offers an APR of 2.25%…

A: To find the annual percentage yield

Q: Find the compound amount for the deposit and the amount of interest earned. $8100 at 9% compounded…

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Q: Find the time required for an investment of 5000 dollars to grow to 7800 dollars at an interest rate…

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Q: A college student is offered a credit card at 18.638% compounded monthly. What are the APR and APY?

A: Solution

Q: How much do you need to get 850 after three years at 6% compounded quarterly?

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

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Q: $15,000 is invested for 15 years with an APR of 4.2% and monthly compounding.

A: We have to solve the given problem by using compound interest formula.

Q: The compounded amount of a $5,000 investment at 7% interest compounded semiannually for 4 years is…

A: We will solve the following

Q: Find the amount that should be deposited today at 8% compounded monthly to receive $2,000 in 6…

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Q: Find the amount that should be invested now to accumulate the following​ amount, if the money is…

A: Given, the accumulated amount, A= $3,000. Rate of interest, r=5%=0.05 Number of years, t=7years We…

Q: An investment of $9,550 is made in an account compounded quarterly at 8%. How much will the…

A: Topic = Algebra

Q: A loan of $47,000 is made at 6.75% interest, compounded annually. After how many years will the…

A: The principal amount of loan is $47000. The rate of interest per year is 6.75%. The amount with…

Q: A deposit of $550 is made in a savings account that pays an annual interest rate of 1% compounded…

A: The formula of the compound interest is, A=P1+rnnt where, A=Amount after the periodP=principal…

Q: Find the amount at the end of 5 years and 6 months if P8,000 is invested at 29% compounded…

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Q: Lylreice deposited $1,500 into a savings account, which earns 7% interest compounded annually. What…

A: To find the account balance

Q: 2. Find the compound amount on deposit at the end of 1 year if P20 000.00 is deposited at 4%…

A:

Q: Find the compound amount on P10,000 at 5 2% for 4 years and 6 months compounded quarterly. A.…

A: We can find the compound interest as below.

Q: What is the balance in a college fund after 20 years if $5000 was invested at 5% nt compounded…

A: The principle invested is P=$5000. The time period is 20 years. The rate of interest is 5% and it is…

Q: Find the compound amount of each deposit and the amount of interest earned. 470 at 5.4% (0.054)…

A: The compounded amount or the accrued amount using compound interest is calculated using the formula…

Q: Find the interest on P10,000 at 5 ½% for 4 years and 6 months compounded monthly.

A: Given that.   Find the interest on P10,000 at 5 %2% for 4 years and 6 months compounded monthly.…