Find the final amount of money in an account if $8, 400 is deposited at 3 % interest compounded annually and the money is left for 8 years. The final amount is $ Round answer to 2 decimal places

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

A:

Q: Find the final amount of money in an account if $4, 500 is deposited at 4.5 % interest compounded…

A:

Q: Caroline wants to have $10,000 in 5 years after investing in an account that earns 7.3% compounded…

A:

Q: You deposit $400 in an account earnings 3% interest compounded annually. How much will you have in…

A:

Q: Katie invested an amount of $18,000.00 in a mutual fund. After 4 years and 6 months the accumulated…

A: Use the formula for the compound interest and calculate the rate.

Q: Dolores invests $8100 in a new savings account which earns 3.2% annual interest, compounded daily.…

A:

Q: Jayden deposits a total of $800 into his savings accor account earns 2% interest compounded…

A: Introduction: The formula of the compound interest is given by, A=P1+rnnt Where P is the principle…

Q: A principal of $3700 is invested at 5% interest, compounded annually. How many years will it take to…

A: GIVEN: Principal amount = $3700 Interest rate = 5%

Q: Find the final amount of money in an account if $9,500 is deposited at 6.5% interest compounded…

A:

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

A:

Q: Find the final amount of money in an account if $700 is deposited at 2 % interest compounded…

A: Let's find final amount = ?

Q: Reynaldo deposits 20,000 in a bank at an interesta rate of 6% If it’s compounded annually, how…

A:

Q: Find the final amount of money in an account if $9,400 is deposited at 8% interest compounded…

A: Initial amount=P= 9400 Interest rate= r= 8%=0.08 Time=t= 6 years Number of times compounded in a…

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

A:

Q: Find the final amount of money in an account if $3, 300 is deposited at 2 % interest compounded…

A:

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

A:

Q: How much will you have in an account after 25 years if you put $1900 per month in the account earns…

A: Amount after t years on investing Principal amount of $P in an account with R% of rate of interest…

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

A: On Deposit of the amount of $1,000, the deposit will grow by $126.83 in 3 year

Q: Abigail invested $77,000 in an account paying an interest rate of 8% compounded annually. Gavin…

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: After how many months will the account be worth $60,000

A:

Q: Using the formula: A=P(1+r/n)nt , determine how many years, to the nearest hundredth, it will take…

A:

Q: Find the final amount of money in an account if $3, 800 is deposited at 8 % interest compounded…

A: Given: P = $3800  r = 8 % =8100=0.08 t = 6 years  compounded semi-annually  To calculate: Final…

Q: 3600 dollars is placed in an account with an annual interest rate of 9%. How much will be in the…

A: Given that $3600 is placed in account with an annual interest rate of 9%.

Q: A student wishes to invest $500 in a savings account yielding 3% annual interest compounded every 6…

A: Compound interest formula needs to be applied.

Q: Your paycheck each week is $500.00. If you want to save $2000.00 in one year, how much should you…

A:

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

A:

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: the beginning of each month. If interest on the account is 5% compounded quarterly, Laura wants to…

A: Hey, since there are multiple questions posted, we will answer first question. If you want any…

Q: Rowan invests $600 into an account with a 2.9% interest rate that is compounded quarterly. How much…

A: Given p=$600, r=2.9% (r=0.029), t=5 years  for compounded quarterly n=4

Q: Glory deposited the sum of $50000 in a bank account after 5 months she made another deposit of…

A: The solution are as follows

Q: Riley invested $1,000 in savings bonds. If the bonds earn 6.75% interest compounded annually, how…

A: Compound interest

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

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

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

A: Given  Investment P = $600 Interest rate r = 8% compounded semiannually Times t = 9 years To find…

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

A:

Q: Find the final amount of money in an account if $9, 200 is deposited at 4.5 % interest compounded…

A: I have done solution in detail as much as possible...so that you can understand easily...hope you…

Q: Find the final amount of money in an account if $1, 900 is deposited at 2 % interest compounded…

A:

Q: interest

A:

Q: Find the final amount of money in an account if $4, 700 is deposited at 2.5 % interest compounded…

A: solution:-

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

A: Topic- compound interest

Q: Greg invests $13,000 in an account that pays 5.5% interest per year, compounded quarterly. How much…

A:

Q: At the start of each month you put $100 into an account that pays 6%, compounded monthly. After 10…

A:

Q: Find the final amount of money in an account if $3, 700 is deposited at 2.5% interest compounded…

A:

Q: Find the final amount of money in an account if $1,600 is deposited at 4.5%interest compounded…

A: