Find the final amount of money in an account if $9,300 is deposited at 2.5% interest compounded annually and the money is left for 5 years. The final amount is: $ Round answer to 2 decimal places

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A: NOTE: Refresh your page if you can't see any equations. . here we have  PMT=400 r=5%=0.05 n=12 for…

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Q: You deposit $100 each month into an account earning 7% interest compounded monthly. Round to the…

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A: a) P=$300 r=0.04 n=12 t=20 So,

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A: Given that : r = 6.9% n = 5 years P = 5000-1000 = 4000 Formula : A = P(1 + r/n)nt

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Q: Use the formula for simple interest, I = Prt, to find the indicated quantity. | $125; P= $5000;…

A: Given- Interest (I) = $125. Principal (P) = $5000. Rate (r) = 5% = 0.05 Time = t years

Q: Use the formula for simple interest, I = Prt, to find the indicated quantity. |= $64; r= 8%; t = 6…

A: Given that  I= $64 r=8% = 0.08 t=6 months = 0.5 years   We know that Simple interest (I) = P x r x t…