Find the future value, using the future value formula and a calculator. (Round your answer to the nearest cent.) $450 at 4 % simple interest for 2 years 4.

Q: $1500 is deposited at the end of each quarterly in an account that earns 6% compounded quarterly…

A: The future value of the ordinary annuity is given by FV=P[(1+i)n-1]i Here, P=$1500 i=6% For quarter…

Q: $11,000 is invested for 9 years at an annual simple interest rate of 11%. (a) How much interest…

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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: $12,000 is invested for 3 years at an annual simple interest rate of 15%. (a) How much interest…

A: (a) Consider the formula for the simple interest is, SI=PRT Then, SI=12000151003=$5400 Thus, the…

Q: Find the future value of the deposit if the account pays simple interest. Round to the nearest cent.…

A: According to the given information, it is required to find the future value.

Q: MA2B Assuming the interest rate and all other details are the same, which investment will earn more…

A: To find which investment will earn more money.

Q: Find the future value of the loan. Assume 365 days in a year. $5237 at 10.64% annual simple interest…

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Q: Find the future value of an annuity $ 17226.91 Need Help? Read It

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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: 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 the investment. (Round your answer to the nearest cent.) $5,000 for 4 years…

A: The principal amount, P = $5000 Simple interest rate, r = 4.25% = 0.0425 Time, t =4 years To…

Q: If $39,500 is invested at 6.3% for 30 years, find the future value if the interest is compounded the…

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Q: You deposit $750 in an account paying 7.8% simple interest. Find the future value of the investment…

A: Formula

Q: $10,000 is invested for 3 months at an annual simple interest rate of 3%. (a) How much interest will…

A: Using the formula for simple interest we can find solution for a and add with this simple interest…

Q: 1. Find the present value of a future value of $937.50 at 3.75% simple interest for 5 years.

A: We will use the formula: PV=FV1(1+r)nHere PV=present valueFV=Future value= $937.50r=interest…

Q: $25,000 is invested for 6 months at an annual simple interest rate of 3%. (a) How much interest…

A: Given: Principal Amount P=25000 Time N=6 months =6/12 Rate of interest = 3%

Q: Find the present value of the given future amount. $61,000 for 23 months at 9% simple interest What…

A: For Cash Flow at period 1=C1, rate of return = r and number of periods = n, the Present Value…

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

A: Given,       Principal amount(P)=$450         Rate of interest(R)= 334%       Number of…

Q: You deposit $13,000 in an account that pays 4% interest compounded quarterly.   A. Find the future…

A: Given information Principal = $13,000 Rate of interest = 4% Time = 1 year Compounded quarterly

Q: Find the future value of an ordinary annuity of $2,000 paid quarterly for 5 years, if the interest…

A: Given,  Principal =p =  $ 2000 paid quarterly  Time period = t = 5 years  Number of compounding in a…

Q: $30,000 is invested for 6 months at an annual simple interest rate of 3%. (a) How much interest…

A: Given  Amount invested = $30000 rate = 3% per annum time = 6 months

Q: $11,000 is invested for 6 years at an annual simple interest rate of 16%. (a) How much interest…

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Q: Find the future value of a annuity with a monthly deposit of $10 at an interest rate of 2.6% per…

A: Here we have to find future value of annuity. For this we will use the formula given below

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

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Q: A grandparent deposits $3,000 each year into an annuity for a grandchild that pays 8% compounded…

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Q: Find the amount that should be set aside today to yield the desired future amount.   Future amount…

A: Given that  Future amount needed Interest rate Compounding period Investment time…

Q: A lottery offers a $1,000,000 prize to be paid in 20 equal installments of $50,000 at the end of…

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Q: In order to start a small​ business, a student takes out a simple interest loan for ​$5000.00 for 3…

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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 of amount 100 if interest rate is 10% and number of years is 10

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Q: 14,000 is invested for 3 years at an annual simple interest rate of 16%. (a) How much interest will…

A: a) Consider the given data, Principal, P=14000Rate, R=16%Time, T=3 year The Simple Interest will be…

Q: A man borrowed P50,000.00 and promise to pay the amount after 8 months with 16% interest rate. What…

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Q: $10,000 is invested for 6 months at an annual simple interest rate of 3%. (a) How much interest…

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Q: In order to start a small​ business, a student takes out a simple interest loan for ​$7000.00 for 9…

A: We have to find interest must the student​ pay and Find the future value of the loan.

Q: investment

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Q: $10,000 is invested her sick Siri set an annual simple interest rate of 16% what is the future value…

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

A: Introduction: Suppose P is a principal and r% is the rate of simple interest for t years. Then, the…

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: Find the requested value and tell what the other numbers represent. (a) Find r: 500 = 1,000(r)(8)…

A: In this question we have to find the given value.

Q: A person who does not understand probability theory wastes $10 per week on lottery tickets,…

A: As per given by the question, there are given that P=$520r=6%=0.06 1. How much would he or she have…

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: Find the future value, use the future value formula and a calculator. $1000 at 7 3/4% simple…

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Q: Use simple interest formula: Principle=?    Rate=       2%     Time=   ?  Interest= 2500…

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Q: Latanya Brown established an ordinary annuity of ​$1,000 annually at 9​% annual interest. What is…

A: We can use this formula to calculate the future value, Fututre value, FV = P×1+in-1i

Q: $10,000 is invested for 3 months at an annual simple interest rate of 2% (a) How much interest will…

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Q: Find the future value of an ordinary annuity of $1,000 paid at the end of each year for 5 years, if…

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Q: If the interest rate is zero, the future value interest factor equals  a. 2.00 b. -1.00 c. 1.00…

A: We have given that Interest rate (r) = 0 We have to find the future value interest factor equals to

Q: In order to start a small business, a student takes out a simple interest loan for $6000.00 for 9…

A: As we know that that the expression for the simple interest is given by: SI=P×r×t100 The future…