Find the final amount of money in an account if $3,600 is deposited at 5.5% interest compounded annually and the money is left for 7 years. The final amount is $

Q: Find the final amount of money in an account if $2, 200 is deposited at 7.5 % interest compounded…

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Q: As the contestant with the longest winning streak in the history of Jeopardy, Ken Jennings won more…

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

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Q: Tommy has $4,000 in a savings account that earns 13% interest, compounded annually. To the nearest…

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Q: Find the final amount of money in an account if $2,200 is deposited at 7.5% interest compounded…

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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: 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: Quincy deposited $10 in a saving account earning 10% interest compounded annually to the nearest how…

A: Solution

Q: you deposit $5000 in an account earning 3% interest compounded monthly. how much will you have in…

A: We have given,

Q: Find the final amount of money in an account if 2,600 is deposited at 3.5% interest compounded…

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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: Find the final amount of money in an account if $3,700  is deposited at 7%  interest compounded…

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Q: Find the final amount of money in an account if $2,000$2,000 is deposited at 2%2% interest…

A: Given data, Principal amount=$2000 Interest=2%=0.02 Compunded quarterly which means n=4 Time(t)= 5…

Q: You deposit $4000 in an account earning 4% interest compounded monthly. How much will you have in…

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Q: Find the final amount of money in an account if $4, 400 is deposited at 3 % interest compounded…

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Q: Sam deposits $900 at the end of every 6 months in an account that pays 7%, compounded semiannually.…

A: Given data:   The given amount Sam deposits are P=$900. The semiannual interest rate is r=7%=0.07.…

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

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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: Find the final amount of money in an account if $2,000 is deposited at 8% interest compounded…

A: Given

Q: You deposit $1000 each year into an account earning 4% interest compounded annually. How much will…

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Q: You deposit $4000 in an account earning 6% interest compounded monthly. How much will you have in…

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Q: An investor deposits $200 each month into an account that pays 6% compounded monthly. How much is in…

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Q: Find the final amount of money in an account if $500 is deposited at a 3% interest compounded…

A: If A= final amount including principal P= principal amount I =rate of interest per year t= number of…

Q: Find the final amount of money in an account if $4,000 is deposited at 2%interest compounded…

A: compounded annualy , final amount = ?

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: You deposit $6000 in an account earning 2% interest compounded the account in 10 years?

A: Here the deposit amount P(0)=$6000 rate r= 2%=2100=0.02 time t=10 years

Q: You deposit $2000 in an account earning 8% interest compounded monthly. How much will you have in…

A: You deposit $2000 in an account earning 8% interest compounded monthly.To determine how much will…

Q: You deposit $4000 each year into an account earning 6% interest

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Q: You deposit $4000 in an account earning 6% interest compounded monthly. How much will you have in…

A: Compound interest formula is A=P1+rnnt A = final amountP = initial principal balancer = interest…

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

A:

Q: You deposit $1,000.00 each year into an account earning 5% interest compounded annually. How much…

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Q: Laura saves ​$27 at the end of each week and deposits the money in an account paying 9%…

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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 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: If you placed $1 into an account that paid interest at a rate of 6% and compounded the interest…

A: given, principal (P)=$1       interest rate (R)=6%=6/100 =0.06      time (t)  = 300 years…

Q: loan of $12,000 is made at 6% interest, compounded annually. After how many years will the amount…

A:

Q: You deposit $600 in an account earning 7% interest compounded annually. How much will you have in…

A: Initial amount=P= 600 Interest rate= r= 7%=0.07  Time=t= 20 years Number of times compounded in a…

Q: You deposit $3000 in an account earning 6% interest compounded monthly. How much will you have in…

A: Given  Principal = $3000 rate = 6% compounded monthly  time = 5 years

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

A:

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: Find the amount of money in an account after 4 years if $1800 is deposited at 5% annual interest…

A:

Q: You deposit $6000 in an account earning 7% interest compounded monthly. How much will you have in…

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: How much would you need to deposit in an account each month in order to have $40,000 in the account…

A:

Q: As the contestant with the longest winning streak in the history of Jeopardy, Ken Jennings won more…

A: Formula used to solve the given problem is given below: An=P×1-1+r-nr Where; P= periodic payment…

Q: For their newborn child, parents deposit $10,000 in a college account that pays 8% interest,…

A: We will use the compound interest formula to find the amount after 17 years

Q: You deposit $4000 in an account earning 3% interest compounded monthly. How much will you have in…

A: