Find the present value, using the future value formulae and a calculator. Future value is $6,000 in two years at 9.5% simple interest. Round your answer to the nearest cent (two decimal places) enter only the number without the sign

Q: Yosmaylin Marinez Annuities - Find Future Valve Nov 10, 11:29:48 AM Watch help video Peyton deposits…

A: GIVEN DATA : Amount deposit by Peyton every month is $530 Annual interest 8.4% compounded monthly…

Q: Find the present amount needed to attain a future amount of F dollars in the given time using an…

A: Let present amount = I interest rate = r = 7%= 0.07  time=t= 2 years  Final amount = F = 3100

Q: Question 4 If $16,000 is invested at 8% for 12 years, find the future value i. semiannually. Please…

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

A: From the given information, Present value (PV) = $119,100  Number of years (n) =30 Annual interest…

Q: London deposits $770 every month into an account earning an annual interest rate of 6.3% compounded…

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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: Solve the following problem sets in Simple Interest. Show your handwritten solution. What will be…

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Q: If $16,000 is invested at 8% for 12 years, find the future value if the interest is compounded…

A: Given that:    Principal amount invested, P = $16000                      Rate of interest, r=8% =…

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

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Q: You decide to invest $500 into a three year CD that pays 4.75% interest compounded monthly. Use the…

A: Answer and explanation is given below...

Q: 20. Lightening Computers, worth $480 million, is expected to grow at 10% per year compounded…

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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: Use the future value formula to find the indicated value. FV $3670; n = 21; i = 0.04; PMT ? PMT=$|…

A: Formula:

Q: If $16,000 is invested at 8% for 12 years, find the future value if the interest is compounded…

A: Given that  If $16,000 is invested at 8% for 12 years To find the future value if the interest is…

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

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Q: A principal earns 9% per year simple interest. How long will it take for the future value to double?…

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Q: If $34,500 is invested at 6.8% for 30 years, find the future value if the interest is compounded the…

A: As per bartleby guidelines for more than one sub question asked only first three are to be answered…

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

A: FV = P(1+TR)

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: Find the time necessary, in years and days, to achieve a future value of $1000 when the original…

A: It is given thatOriginal amount=$550Future value=$1000Rate of interest=8%To find:Time period(t)

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: 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: Andrew deposits a fixed quarterly amount into an annuity account for his child’s college fund. He…

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Q: Find the future value, using the future value formula and a calculator for $855 at 4.3%. Round your…

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Q: A house is rented for $7,400 per quarter, with each quarter's rent payable in advance. If money is…

A: Rent per quarter is $7400. So rent for 1 year without any interest will be 4×7400 = $29600. Now we…

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: $12,000 is invested for 5 years at an annual simple interest rate of 18%.  - how much will be…

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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: If $11,000 is invested at 3.6% simple annual interest, find the investment's future value in 5…

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Q: If $17,000 is invested at 2.5% for 30 years, find the future value if the interest is compounded the…

A: Compound Interest Formula A=P1+rnnt where A is accumulated amount, P is principal amount r is rate…

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 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: In order to start a small business, a student takes out a simple interest loan for 8000.00 for 3…

A: The objective is to find the interest and future value.

Q: Use the future value for FV = 10,000; i = 0.0

A: Given,FV=10,000i=0.05PMT=500n=?

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

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Q: Find the present value PV of the given future value. (Round your answer to the nearest cent.)…

A: Given A =future value =$8300r =annual interest rate =9.5% = 0.095t =time in years =6 We want to find…

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…