How long was P30,000 invested at a bond growing at an average rate of 8.25% compounded monthly if its value at maturity is at P50,000? * O 74.56 months O 74.75 months O 75.65 months O 76.56 months

Q: I know that in 10 years I will need $60,000 to buy one Dogecoin. I happen to find an online bank…

A: NOTE: Refresh your page if you can't see any equations. . here we have A=60000 r=22%=0.22  n=2 for…

Q: What sum must be deposited today at 8 percent per year compounded annually if the goal is to have a…

A: When the interest is compounded, then the formula used is A=P1+rnnt, where, A is the final amount, P…

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Q: 3. A monthly deposit of P2,000.00 was made at 12% compounded semi annually. How many years will the…

A: Hi, since you have asked multiple questions, we will solve the first question for you. If want any…

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A: The formula for compound interest is, A=P1+r100n where, A is compounded amount P is the Principal…

Q: 13. If Frank invests $11,400 at 3.7% interest compounded quarterly, how much will his investment be…

A: Given: Frank invests $11,400 at 3.7% interest compounded quarterly. To find: Investment's worth in 9…

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A: You have $10,000 in a bank. If you get 4% compounded monthly and withdraw $400 at the end of each…

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Q: How much money should be deposited today in an account that earns 8% compounded monthly so that it…

A: How much money should be deposited today in an account that earns 8% compounded monthly so that it…

Q: If $30,000.00 is invested 6 1/4%(six and one fourth percent) compounded quarterly for 8 years, how…

A: Given,            P = $30,000.00  ; r = 614%=254%=0.0625 and time = 8 years

Q: How much interest will you owe if you borrow $1200 for 2 years at a simple interest rate of 10%…

A: Equation to be used:A = P(1 + rt) ;        P = Principal Amount = 1200  t = time in years = 2 years…

Q: Suppose that $3,400 is invested at 4.5% annual interest rate, compounded monthly. How much money…

A: Given problem:- Suppose that $3,400 is invested at 4.5% annual interest rate, compounded monthly.…

Q: How long was ₱30,000 invested at a bond growing at an average rate of 8.25% compounded monthly if…

A: Given, P= 30,000 A= 50,000 r=8.25%=0.0825 n=12(compounded monthly)

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Q: If the interest is compounded quarterly, find the nominal rate at which P1,996 accumulates to P3,500…

A: Introduction :

Q: 1) Brenda invests $4,848 in a savings account with a fixed annual interest rate of 5% compounded 2…

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Q: Retirement Christine contributes $100 each month to her401(k). What will be the value of Christine’s…

A: Use the formula to calculate the total amount when it is compounded monthly.

Q: invested at a bond growing at an average rate of 8.25% compounded monthly if its value at maturity…

A: Maturity value: The amount due and payable to the holder of a financial obligation as of the…

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A: Let the principal amount be P He retires at an age of 65, that is, in 37 years from the date of…

Q: An investment company pays 4% compounded semi annually. Do you want to have 24,000 in the future.…

A: Given values:

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A: Given that  principal amount=P=$2700Time =T=3yearsrate of interest=R=7%find interest

Q: If $1000 is invested at a rate of 5.60% compounded monthly (n = 12), what is the principal after…

A: Given that P=$1000 r=5.60% n=12, t=4 years The formula for Compound interest is A=P1+rnn.t Where, A-…

Q: What will the final amount be in 1 1/2 year if P8,000 is invested at 9.2% compounded monthly.?

A: Given that : Principle = $8000 Rate = 9.2 % per year = 9.2% / 12 per month Time = 1 (1/2) year = 18…

Q: A couple makes a one-time investment of $4,000 in a five-year certifi- cate of deposit that will…

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Q: 1. A man invests $10, 000 in an account that pays 8.5% interest per year, compounded quarterly. What…

A: *** As per our guidelines we are supposed to answer only one question at a time. Since you have…

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A: A=P(1+(r/n))nt where A = final amount P=initial amount r=interest rate in decimal n=number of…

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Q: If the present value of a cash flow at an annual rate of interest of 4.5% is $30000, what is the…

A: When the interest is compounded, then the formula used is A=P1+rnnt , where, A is the final amount,…

Q: What is the future value of $4887 invested for 7 years at 8% compounded annually?

A: A=P(1+r)t

Q: 5. How long will it take an account paying 6% annual interest to double if it is compounded monthly?

A: Compound interest is the summation of the interests to the principal amount which has been deposited…

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Q: How long was P30,000 invested at a bond growing at an average rate of 8.25% compounded monthly if…

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Q: You just sold a house for $200,000. You can invest the money at 5%/a compounded semiannually How…

A: Given: Principle amount P0 = $ 200,000 Annual Interest Rate r = 5% = 5100= 0.05 Number of…

Q: 7. If you invest $3200 at 3.5% compounded monthly how much will you have at the end of 4 years?

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Q: 4. Mrs. Román wants to invest in a loan of $ 25,000 at 3.9% annual interest for four years,…

A: Mrs. Román wants to invest in a loan of $ 25,000 at 3.9% annual interest for four years, compounded…