How long was ₱30,000 invested at a bond growing at an average rate of 8.25% compounded monthly if its value at maturity is at ₱50,000?

Q: Samuel is going to invest $1,700 and leave it in an account for 16 years. Assuming the interest is…

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Q: Gabriel invested $17,000 in an account paying an interest rate of 3% compounded annually. Assuming…

A: It is compound interest problem for calculating time period.

Q: A company needs $7,000,000 in 10 years in order to expand their factory. How much should the company…

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Q: monthly

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Q: How much should Linda Bryan set aside now to buy equipment that costs ​$8,000 in one​ year? The…

A: For simple interest, the amount formula is, A = P + PRT100 and for compound interest, the formula is…

Q: How much compound interest will Sue earn by investing $20,000 at 4.1% p.a. over a four year period,…

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Q: How much will have to be invested at the beginning of each year at 6%, compounded annually, to pay…

A: If P is the principal amount invested compounded annually at a rate r for time t years then the…

Q: When Abram was born, his parents put $2,000 into an account that yielded 1.2% interest, compounded…

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Q: Nolan invested $5,300 in an account paying an interest rate of 3.8% compounded annually. Assuming no…

A: The formula for the compound interest is: A=Pert Given that P=5300, A=6880 and r=3.8%  =3.8100…

Q: Mason invested $65,000 in an account paying an interest rate of 4.6% compounded annually. Assuming…

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Q: A $5000 investment is made in a savings account that pays 10%/a compounded quarterly. How long will…

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Q: Lily invested $90,000 in an account paying an interest rate of 4.6% compounded annually. Assuming no…

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Q: At what interest rate compounded semi-annually will P15,000.00 accumulate to P25,000.00 in 10 years?

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Q: at what nominal rate, compounded monthly, would $13000 have to be invested to amount 22,716.49 in 7…

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

Q: How long does it take to increase 40% of original principal at 4% compounded monthly?

A: Solving the problem by finding the time in years.

Q: Sophia is going to invest $7,900 and leave it in an account for 6 years. Assuming the interest is…

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Q: Noah invested $8,600 in an account paying an interest rate of 2.4% compounded monthly. Assuming no…

A: Use the directly formula for compound interest.

Q: Mason is going to invest in an account paying an interest rate of 5.3% compounded quarterly. How…

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Q: an investment earns intrest compounded monthly, for 108 compounding periods. For how long is the…

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Q: A loan of P72, 000 after 3 years will amount to P128, 600 compounded monthly. What interest rate is…

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Q: Find the time required for an investment of 5000 dollars to grow to 8200 dollars at an interest rate…

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Q: Sophie invested $420 in an account paying an interest rate of 1.6% compounded monthly. Assuming no…

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Q: Carter invested $16,000 in an account paying an interest rate of 5.6% compounded monthly. Assuming…

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Q: $20,000 is invested at an annual interest rate of 12%, compounded semi-annually. What is the balance…

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Q: Adrian invested $7,200 in an account paying an interest rate of 3.1% compounded monthly. Assuming no…

A: P=$7,200,  r=3.1%=0.031,  A=$12,110,  n=12

Q: Find the time required for an investment of 5000 dollars to grow to 6600 dollars at an interest rate…

A: An investment of 5000 dollars to grow 6600 dollars at an interest rate of 7.5 percent per…

Q: How much interest will be charged on ₱ 7,300 borrowed for (3) years at a simple interest rate of 12%…

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Q: How much will you get out after 12 years if you put away 1800 at 6% compounded monthly?

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Q: Chase invested $39,000 in an account paying an interest rate of 3.2% compounded daily. Assuming no…

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Q: What lump sum must be invested at 10%, compounded monthly, for the investment to grow to $65,000 in…

A: We have to find a lump sum that must be invested at 10%, compounded monthly, for the investment to…

Q: How much money would you need to deposit today at 5% annual interest compounded monthly to have…

A: Reviewing information, Given r=Annual interest rate=5% A=Amount in the account=$20,000  t=duration=9…

Q: An investment has grown from $15,000 to $17,684.23 in 3 years, compounding monthly. What was the…

A: We have to calculate interest rate

Q: Damian invested $880 in an account paying an interest rate of 5.2% compounded annually. Assuming no…

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Q: Find the time required for an investment of 5000 dollars to grow to 7300 dollars at an interest rate…

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Q: How much will you need to put away to get 700 after 9 years at 6% compounded monthly?

A: A=700 Time = 9 years ROI = 6% = 0.06 n=12 ( Compounded monthly)

Q: How much must be invested at the beginning of each year at 10%, compounded annually, to pay off a…

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Q: Oliver invested $53,000 in an account paying an interest rate of 2.7% compounded daily. Assuming no…

A: Given P=53,000R=2.7%t=20 yearsWe know that compound interest=P(1+Rm)mt Here m is the no.of…

Q: How much should be invested today in an account earning 6% compounded quarterly, if you need $35,000…

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

Q: Find the time required for an investment of 5000 dollars to grow to 9000 dollars at an interest rate…

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Q: P30,000 is invested for a period of 3 years at a rate of 6%, compounded 2 times per year. What will…

A: Given query is to find the amount after 3 years.

Q: Find the time required for an investment of 5000 dollars to grow to 6300 dollars at an interest rate…

A: An investment of $5000 to grow to $6300 at an interest rate of 7.5 % per year, compounded quarterly…

Q: If the inflation rate is 4.85% compounded annually, how long will it take for prices to double?

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Q: If you have $5000.00 to invest at a rate of 3.5% compounded monthly, how long would it take to save…

A: The savings obtained by investing an amount P at an interest rate of r % (compounded monthly) for t…

Q: A company needs $5,600,000 in 8 years in order to expand their factory. How much should the company…

A: To find P if the interest compounded weekly, substitute 5600000 for A, 8 for t, 0.08 for r and 52…

Q: If $5000 is invested for 8 years at 6% compounded monthly, how much interest will be earned?

A: Given that $5000 is invested for 8 years at 6% compounded monthly. It is required to find the amount…

Q: What annual rate of interest compounded annually should you seek if you want to triple your…

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Q: A company needs $4,300,000 in 14 years in order to expand their factory. How much should the company…

A: Future value of investment, FV=$4,300,000 Interest rate per week, r=9.1%52=0.09152=0.00175 No. of…

Q: A company needs $4,400,000 in 13 years in order to expand their factory. How much should the company…

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Q: In the future, it is estimated that university will cost $200,000 per student. How much would have…

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