Find the future value of the investment. (Round your answer to the nearest cent.) $5,000 for 6 years at 4.75% compounded monthly

Q: Find the future value (in dollars) of the investment. (Round your answer to the nearest cent.)…

A: When interest is compounded then amount after given time is given as: A=P1+rnnt where, A is future…

Q: Find the future value of an ordinary annuity of $600 paid at the end of each year for 7 years, if…

A: To find the future value

Q: future value.

A: Given that, The present value (PV) is $7,000. The number of compounding periods (n) is 24 (6 * 4).…

Q: What are the future value and the interest earned if $4000 is invested for 4 years at 8% compounded…

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Q: A house is rented for $6,900 per quarter, with each quarter's rent payable in advance. If money is…

A: Given:          Present value PV = $6,900          Rate of interest  r = 7%…

Q: A college plans to set up an endowment fund that will provide a scholarship of $4,000 at the end of…

A: Given that the scholarship a college provides at the end of every quarter year in perpetuity is…

Q: Find the vale of the annuity and the interest. $150 at the end of every 6 months? 6.5 % Compounded…

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Q: Find the future value of each deposit if the account pays (a) simple interest, and (b) interest…

A: When the interest is simple, then the formula used is A=P(1+rt) , where, A is the final amount, P is…

Q: Find the present value of the investment. (Round your answer to the nearest cent.) worth $19,000…

A: We use the following formula to find present value of investment. A=P(1+rt). A is future worth  P is…

Q: Find the future value of the investment. (Round your answer to the nearest cent.) $150 deposited at…

A: Compound interest is given:

Q: You deposit P 750 in an account paying 7.3% simple interest. Find the future value of the investment…

A: To find- You deposit P 750 in an account paying 7.3% simple interest. Find the future value of the…

Q: Find the future value. $1972 invested for 12 years at 4% compounded quarterly

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Q: A recent graduate's student loans total $18,000. If these loans are at 4.2%, compounded quarterly,…

A: A recent graduate's student loans total $18,000.If these loans are 4.2%,compounded quarterly,for 8…

Q: Find the present value of the given future amount. $48,000 for 19 months at 9% simple interest What…

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Q: Grandparents plan to open an account on their grandchild's birthday and contribute each month until…

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Q: Calculate, to the nearest cent, the future value FV (in dollars) of an investment of $10.000 at the…

A: We have to find the future value of investment.

Q: Angela deposits $3500$⁢3500 into an account with an APR of 2.7% for 12 years. Find the future value…

A: F. V. =P(1+r/n) nt

Q: the end of each month for the 6 years? Present Value of Ordinary Simple 6)What is the present value…

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Q: Find the future value, using the future value formula and a calculator. (Round your answer to the…

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Q: A house is rented for $6,700 per quarter, with each quarter's rent payable in advance. If money is…

A:

Q: Find the present value of the investment. (Round your answer to the nearest cent.) worth $13,000…

A: Given: Future value is $13000. Time is 2.5 years. Simple interest is 5.25% per annum. To find:…

Q: What are the future value and the interest earned if $3600 is invested for 7 years at 8% compounded…

A: Amount invested, P=$3600 time of investment, t= 7 years rate of interest, r= 8%=0.08

Q: Lynn Ally, owner of a local Subway shop loaned  $60,000 to Pete Hall to help him open a subway…

A: According to the given information,

Q: Find the future value of the investment. (Round your answer to the nearest cent.) $ $100 deposited…

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Q: Find the future value of an ordinary annuity of $90 paid quarterly for 3 years, if the interest rate…

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Q: A house is rented for $3000 per quarter, with each quarter's rent payable in advance. If money is…

A: Given P=$3000 r=8% compounded quaterly. The objective is to find the future value of the rent for…

Q: a) Find the future value of an annuity when the páyment is P13,750 quarterly, the interest is 6.5%…

A: Given Quarterly payment= 13750 Interest = 6.5% Terms 6 years

Q: Find the present value of the investment. (Round your answer to the nearest cent.) worth $19,000…

A:

Q: Down Payment To start a new business, Beth deposits $1000 at the end of each 6-month period in…

A: Given: Deposits at 6 month period=$1000Rate of interest compounded semiannualy=8%Total time period=8…

Q: A couple deposits 24,000 into an account earning 5 percent annual interest for 20 years. Calculate…

A: Given, P=24000   Interest  =r= 5% Time =t =20 years The investment compounded daily. n=365

Q: Find the future value, using the future value formula and a calculator. (Round your answer to the…

A: FV = P(1+TR)

Q: Find the future value of each deposit if the account pays (a) simple interest, and (b) interest…

A: We have to find the future value of each deposit if the account pays: a Simple interest: We can…

Q: A couple deposits $25,000 into an account earning 5 % annual interest for 20 years. Calculate the…

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Q: Find the future value, using the future value formula and a calculator. (Round your answer to the…

A: Future Value: The future  value formula is given by FV=P1+rt where P is the principle, r is the…

Q: As a senior high school student, Jose decided to start making investments. He is going to deposit…

A: Given: As a senior high school student, Jose decided to start making investments. he is going to…

Q: Find the future value of an account when $2250 is invested at 3.2% interest compounded quarterly for…

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Q: Find the present value of the investment. (Round your answer to the nearest cent.) worth $10,000…

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Q: Lynn Ally, owner of a local Subway shop, loaned $43,000 to Pete Hall to help him open a Subway…

A:

Q: Find the future value of the investment. (Round your answer to the nearest cent.) $200 deposited at…

A:

Q: A couple deposits $15,000 into an account earning 5% annual interest for 20 years. Calculate the…

A: Principal amount =$15,000 Annual rate of interest= 5 % = 0.05 Time of investment = 20 years This…

Q: What is the future value of $115,000 invested for 5 years at 8% compounded monthly? Answer the…

A: The given data is: Present value PV=$115000Time t=5 yearsRate r=8%  To find the future value.

Q: Find the future value (in dollars) of the investment. (Round your answer to the nearest cent.)…

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Q: Investments Find the 7-year future value of aninvestment of $20,000 placed into an account thatpays…

A: The amount of investment is $20,000 The time period of the investment is 7 years The rate of…

Q: Grandparents plan to open an account on their grandchild's birthday and contribute each month until…

A:

Q: each month for 9 years and the interest rate is 7.2% compounded monthly. N= FV=

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Q: Find the future value and interest of $10,000 at 6.3% compounded annually for 20 years. A. Future…

A: This question belongs to compound interest. We have to find amount and interest.

Q: Calculate the future value. (Round your answer to two places.) p=$28000, r=4% compounded monthly,…

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Q: A couple deposits $20,000 into an account earning 3.5% annual interest for 15 years. Calculate the…

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Q: Find the future value, using the future value formula and a calculator. (Round your answer to the…

A: Given information Present value = $921 Rate of interest = 5.5% Year = 7% r = quarterly rate