Find the final amount of money in an account if $1, 000 is deposited at 4 % interest compounded weekly and the money is left for 7 years. The final amount is $ Round answer to 2 decimal places

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 final amount of money in an account if $4, 500 is deposited at 2.5 % interest compounded…

A:

Q: you deposit $5,000 in a fund that pays 6% interest, compounded monthly. In how many years, the…

A: Given that initial amount = P=5000 Final amount= A= 15000 Interest rate = r = 6%=0.06 Time=t=?…

Q: Find the final amount of money in an account if $3,600$3,600 is deposited at 5.5% interest…

A: Formula:   Final amount=P1+rnnt We have, P=$3,600, r=5.5%=0.055, n=1(since, compounded annually),…

Q: Edgar accumulated $5,000 in credit card debt. If the interest rate is 20% per year and he does not…

A:

Q: Find the final amount of money in an account if $4,900 is deposited at 7.5% interest compounded…

A: Topic = Algebra

Q: A loan of $29,000 is made at 8.25% interest, compounded annually. After how many years will the…

A:

Q: Find the final amount of money in an account if $6, 500 is deposited at 2.5 % interest compounded…

A: Let's find.

Q: If you invest $1,000,000 in an account paying 12%, how much will you have after 20 years if the…

A:

Q: Find the final amount of money in an account if $8, 200 is deposited at 5.5 % interest compounded…

A: For compound interest we use formula A=P1+rnntWhen P is initial amount investedr is the rate of…

Q: Sam deposits $600 at the end of every 6 months in an account that pays 8%, compounded semiannually.…

A:

Q: You deposit $500 in an account earning 4% interest compounded annually. How much will you have in…

A: The continuous compounding formula is, Pt=P0ert In the formula, P0 is original principle sum, r be…

Q: Melanie invests $7600 in a new savings account which earns 4.0% annual interest, compounded monthly.…

A: Given,         Melanie invests $7600 in a new savings account which earns 4.0% annual interest,…

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

A: The expression used to evaluate the amount in compound interest is as follows: Amount =P1+r100nnt,…

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

A:

Q: Find the final amount of money in an account if $6,600 is deposited at 6% interest compounded…

A: Given: An amount of $6,600 is deposited at 6% interest compounded annually and the money is left for…

Q: A loan of $23,000 is made at 8% interest, compounded annually. After how many years will the amount…

A:

Q: Ms. Cruz borrowed P50, 000 and repaid it 5 years later. If money earns interest at16% compounded…

A:

Q: Use the compound interest​ formula, A=P1+rnnt​, to solve the problem given. Round answers to the…

A:

Q: You deposit 1000 each year into an account earning 6% interest compounded annually. How much will…

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

Q: A loan of $23,000 is made at 5% interest, compounded annually. After how many years will the amount…

A: Proceed as shown below

Q: Find the final amount of money in an account if $3, 200 is deposited at 7.5 % interest compounded…

A: Given that, Principal P=3200Rate r=7.5%=0.075time t=9Number of time interest compounded (n)=12×14=3

Q: You deposit $400 in an account earning 7% interest compounded annually. How much will you have in…

A: Given  Principal P=400 Rate of interest r=7% year t=10 number of compounded n=1 we know that…

Q: $14,000 at 10% compounded semiannually for 9 years final accumulated amount     $   total interest…

A: Where P=principal amount              r=interest rate              n=number of days in a year (365)…

Q: Find the final amount of money in an account if $2, 100 is deposited at 2.5 % interest compounded…

A: We have to find the final amount.

Q: Find the final amount of money in an account if $2,400$2,400 is deposited at 4.5%4.5% interest…

A:

Q: Find the final amount of money in an account if $8000 is deposited at 2.5% interest compounded…

A: Initial amount= P= 8000 Time= t= 5 years  Interest rate=r= 2.5%= 0.025  Number of times compounded…

Q: A recent college graduate received $25,000 as a gift from her grandparents. How much will this…

A:

Q: Find the final amount of money in an account if $5,900$5,900 is deposited at 8% interest compounded…

A: Principal Amount, P = $5900 Rate of interest per week, r = 8% = 0.08 Time, t = 55 yrs The number of…

Q: Find the final amount of money in an account if $4,900 is deposited at 3% interest compounded…

A:

Q: A loan of $26,000 is made at 8.75% interest, compounded annually. After how many years will the…

A:

Q: Find the final amount of money in an account if $1, 900 is deposited at 3.5 % interest compounded…

A:

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

A:

Q: You deposit $1,000 in an account at the Lifelong Trust Savings and Loan that pays 8% interest…

A:

Q: You deposit $3000 each year into an account earning 2% interest compounded annually. How much will…

A: Topic - Compound Interest

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: A loan of $42,000 is made at 8.75% interest, compounded annually. After how many years will the…

A:

Q: Find the final amount of money in an account if $6,600 is deposited at 6%6% interest compounded…

A: Given,

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

A:

Q: You deposit $1000 each year into an account earning 3% interest compounded annually. How much will…

A: Given, every year $1000 is deposited with 3% compound interest annually. here we shall use the…

Q: interest

A:

Q: You deposit $4000 each year into an account earning 7% interest compounded annually. How much will…

A:

Q: You invest $4000 in an account with an APR of 3% and daily compounding. How much will you have after…

A:

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: Find the final amount of money in an account if $900 is deposited at 3.5 % interest compounded…

A:

Q: Shayla deposited $6,000 into an account earning 5% interest per year, compounded every 6 months. She…

A: Please check step 2 for the solution.!

Q: A loan $43,000 of is made at interest 5%, compounded annually. After how many years will the amount…

A:

Q: You deposit $3000 each year into an account earning 2% interest compounded annually. How much will…

A:

Q: You deposit $2000 each year into an account earning 7% interest compounded annually. How much will…

A:

Types of Bias

Statistics is the study of data collection, organization, analysis, interpretation, and presentation. Statistical bias is a characteristic of a statistical technique or its findings in which the expected value deviates from the actual root quantitative parameter being estimated. According to the actual definition of bias, it refers to the tendency of a statistic to overestimate or underestimate a parameter.