Find the original investment in an account if the final amount of money is $8296. It was invested in an account earning 5 % interest compounded weekly and the money is left for 6 years. The original investment was $ Round answer to 2 decimal places

Q: Anna invested her savings of $5000 in an account earning 5.7% annual interest that is compounded…

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Q: Amanda invests $5400 in a new savings account which earns 5.8 % annual interest, compounded monthly.…

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Q: Find the final amount of money in an account if $9,300 is deposited at 2.5% interest compounded…

A: Amount after 't' years A = P1 + rnnt

Q: Edgar accumulated $5,000 in credit card debt. If the interest rate is 20% per year and he does not…

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Q: Bentley invested $750 in an account paying an interest rate of 1% compounded daily. Julia invested…

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Q: A principal of $4200 is invested at 3.5% interest compounded annually. How much will the investment…

A: A=P1+rnntWhere, A is the final amount,P=Principal investment,r=rate of interestn=number of times…

Q: Timothy heard that he could triple his money in 27 years if he invested it in his friend's business.…

A: To find the compound interest.

Q: You deposit $5,000 in a savings account that earns 6% simple interest per year. How many years will…

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Q: Mary needs $25000 for a down payment on a new home. If she invests her savings of $21350 in an…

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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.…

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Q: Logan has $80 in a savings account that earns 10% interest per year. The interest is not compounded.…

A: Formula for simple interest i=prt in given question :p=$80r=10%=0.1t=1 year

Q: Rounded to the nearest quarter year, how long will it take an investment to quadruple if it earns 8%…

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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: Timber Inc. invested profits of $165,000.00 in a GIC at 5.77% compounded monthly. How long will it…

A: NOTE: Refresh your page if you can't see any equations. . here we have P=165000 A=226452.44…

Q: Malcolm invests $50 000 at an interest rate of 7 % compounded monthly. Laura invests $ 40 000 at…

A: Malcon invests $50,000 at an interest rate of 7% compounded monthlyLaura invests $40,000 at 9.5…

Q: Joe invested his $3500 bonus in an account earning 5.5% annual interest that is compounded…

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Q: A principal of $4600 is invested at 7% interest, compounded annually. How many years will it take to…

A: A=P(1+r/100)t   Here a is amount p is principle  r is rate of interest and t is time in years

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

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Q: You get $450 after investing $125 for at an annual interest rate of 8% How long will it take to get…

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Q: A principal of $2600 is invested at 4.25% interest, compounded annually. How many years will it take…

A: Given:- A principal of $2600 is invested at 4.25% interest, compounded annually. To find:- How many…

Q: Mark heard that he could triple his money in 13 years if he invested it in a large business. What…

A: This question is related to compound interest, we will solve it using given information.

Q: A principal of  $4800  is invested at  6.75%  interest, compounded annually. How much will the…

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Q: A principal of $4300 is invested at 5% interest, compounded annually. How many years will it take to…

A: Use formula of compound interest

Q: Invested at 6% interest, ₱10,000 today would be worth approximately ₱20,000.00 in ___ years.

A: Given information Principal P=$10,000 Interest I=$20,000 Interest rate r=6% We have to fin the time.…

Q: Hui invested an amount of $22,000.00 in a mutual fund. After 2 years and 6 months the accumulated…

A: Here we find the interest rate.

Q: Find the final amount of money in an account if $8, 400 is deposited at 3 % interest compounded…

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Q: A loan of $37,000 is made at 5.75% interest, compounded annually. After how many years will the…

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Q: Find the final amount of money in an account if $1, 000 is deposited at 4 % interest compounded…

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Q: Jackie invested $8300 in an account earning 4.75 annual interest that is compounded quarterly. How…

A: Given that:                     Initial money invested, P=$8300Annual rate of interest compounded…

Q: Chloe has $90,000 in a savings account that earns 9% annually. The interest is not compounded. How…

A: Given,         Chloe has $90000 in a savings account that earns 9% annually, 4 months.

Q: Eva invests $8200 in a new savings account which earns 4.4 % annual interest, compounded daily. What…

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Q: Nancy invested $17200 in an account earning 6.2 annual interest that is compounded quarterly. How…

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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: Dylan invested $700 in an account paying an interest rate of 1 % compounded quarterly. Sebastian…

A: Given: Dylan:Invested amount=$700Interest rate=134%Number of conversions=compounded…

Q: A man initially invested ​$800 in a savings account where interest is compounded annually. If after…

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

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Q: interest

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Q: Tessa invests $9100 in a new savings account which earns 4.1% annual interest, compounded quarterly.…

A: Given, Investment amount = $ 9100 annual interest rate = 4.1%  time duration = 4 years the amount is…

Q: Ashley heard that he could triple his money in 12 years if he invested it in a large…

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Q: Shannon heard that she could triple her money in 11 years if she invested it in a large…

A: We will apply the formula for the compound interest to solve this problem. Here : - T = total money…

Q: Devin invested an amount of $10,000.00 in a mutual fund. After 2 years and 6 months the accumulated…

A: The solution is given below

Q: Carly wants to invest $1000 in an account that earns 8% interest, compounded quarterly. How many…

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Q: A principal of $1500 is invested at 3.75% interest, compounded annually. How many years will it take…

A: Principal Amount = P = 1500 $Interest rate = r = 3.75 %Amount = A = 2000 $We have to calculate the…

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

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Q: A principal of $3800 is invested at 8.5% interest, compounded annually. How many years will it take…

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Q: Miguel deposits 5380 dollars in an account, and 5 years later the account balance is 11060 dollars.…

A: Note -  Acc. to Bartleby guidelines, we are supposed to do do only one question. If you want more to…

Q: Determine the amount of money, to the nearest dollar, you must invest now at 5% per year, compounded…

A: To find:- Determine the amount of money, to the nearest dollar, you must invest now at 5% per year,…