Find the future value, using the future value formula and a calculator for $855 at 4.3%. Round your answer to the nearest cent. Show your work. (a) SIMPLE interest for 6 years; (b) COMPOUNDED quarterly for 5 years

Q: e future value of an ordinary annuity of $100 paid at the end of each quarter for 2 years, if…

A: FV=C(1+r)n-1r×(1+r)C=$100  r= 6% = 0.06  n=2 years  compounded quarterly r=0.064  n=2×4=8

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: What is the size of the payments that must be deposited at the beginning of each 6-month period in…

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Q: What are the future value and the interest earned if $3200 is invested for 4 years at 8% compounded…

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Q: If you lend $7,000 to a friend for 16 months at 9% annual simple interest, find the future value of…

A: given that lend amount, P=$7000 for 16 months,  T=1612years=43 years  rate of interest , R=9% annual…

Q: Use the formula for computing future value using compound interest to determine the value of an…

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Q: Find the future value of annuity due with an annual payment of $11,000 for three years at 5% annual…

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Q: If you lend $3800 to a friend for 15 months at 10% annual simple interest, find the future value of…

A: We know:- Simple interest = PRT ⇒P=initial amount ⇒R=Rate of interest⇒T=Time in years

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: Use the formula for computing future value using compound interest to determine the value of an…

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Q: Find the future value of an annuity of $1500 paid at the end of each year for 10 years, if interest…

A: Given that  $1500 paid at the end of each year for 10 years, if interest is earned at a rate of 7%,…

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

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Q: Use the formula for computing future value using compound interest to determine the value of an…

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Q: James deposits a fixed monthly amount into an annuity account for his child's college fund. He…

A: Consider the provided question, James deposits a fixed monthly amount into an annuity account for…

Q: Find the future value of an annuity of $1300 paid at the end of each year for 10 years, if interest…

A: Use the formula: F=P1+in-1iwhere P is the regular payment amount i is the annual interest rate n is…

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: What are the future value and the interest earned if $2600 is invested for 5 years at 8% compounded…

A: givenP=$2600n=5 yearsR=8%let future value is Athereforesince problem is compounded quarterly then…

Q: Yolanda deposited $1,400 at the end of each six months for 2 years in a savings account. If the…

A: NOTE: Refresh your page if you can't see any equations. . here we have  PMT=1400 r=4%=0.04 n=2 for…

Q: Find the future value of an ordinary annuity of $80 paid at the end of each quarter for 7 years, if…

A: Given data:     The given price of the annuity is: P=$80. The given time is: n=7 years=28 quarters.…

Q: Find (a) the future value of the given principal P and (b) the interest earned in the giv P = $3500…

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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: Angela deposits $4000 into an account with an APR of 4.6% for 12 years find the future value of the…

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Q: What are the future value and the interest earned if $3400 is invested for 7 years at 8% compounded…

A: Given, Present value= $ 3400 Term(t)= 7 years Rate of interest (r)= 8%= 0.08 Compounded quarterly,…

Q: Find the simple interest on a $2,000 investment made for 5 years at an interest rate of 5% per year.…

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

A: FV = P(1+TR)

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: Given Problem: A woman has deposited Php 60,000 in a savings account. Bank pays an interest at a…

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Q: Time Principal Rate Compounded Amount Interest 7 years $4,500 8 % Quarterly

A: Given that  Time (t) = 7 years Principal (P) = $4500 Rate (r) = 8% = 0.08 The amount is compounded…

Q: Use the formula for computing future value using compound interest to determine the value of an…

A: Here we have to find the future value by compound interest.

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 future value of the ordinary annuity. Interest is compounded annually, unless otherwise…

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Q: Find the future value of an ordinary annuity of $5,000 paid quarterly for 3 years, if the interest…

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Q: Find the future value of an annuity of $1700 paid at the end of each year for 10 years, if interest…

A: To determine the future value of the annuity.

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

A: Given Information -  Present value (PV) = $150 Rate of interest (R) = 634% = 274% Time period (T) =…

Q: $2,000 is invested for 8 months at an annual simple interest rate of 12%. (a) How much interest…

A: Recall the following. I=PnrI is the simple interest obtainedP is the principal amountn is the number…

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

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Q: Use the formula for computing future value using compound interest to determine the value of an…

A: Monthly interest rate and future value will be calculated using the formula,

Q: Find the future value of an ordinary annuity of $9,000 paid quarterly for 3 years, if the interest…

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Q: Find the future value, A, of a savings account after 15 years starting with a principle of $1000 and…

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Q: Use the formula for computing future value using compound interest to determine the value of an…

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Q: What are the future value and the interest earned if $3200 is invested for 6 years at 8% compounded…

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Q: Use the formula for computing future value using compound interest to determine the value of an…

A: Given , years if a principal amount of ​$19,000 is deposited in an account at an annual interest…

Q: Find the future value of an annuity of $1600 paid at the end of each year for 10 years, if interest…

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Q: Use the formula for computing future value using compound interest to determine the value of an…

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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: 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: What are the future value and the interest earned if $2600 is invested for 4 years at 8% compounded…

A:

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