How long will it take money to triple if it invested at the following rates 5.2% compund weekly and 13% compund weekly ( in years )

Q: Abigail wants to save $15,000 to buy a car in 7 years. If she deposits $10,000 into an account that…

A: Topic- compund intrest

Q: Upgrading a Class B office space to a Class A space will cost $5,513. How much will the monthly rent…

A: we have to find increase in monthly rent.

Q: How much interest will you earn if you invest $5400 for 3 years at a simple interest rate of 4%…

A: We can solve this using simple interest formula S.I.= (P*R*T)/100

Q: Sandy invested $1500 with 3.5% interest. Compounded quarterly. How much money will she have in 8…

A: Given: The amount invested is $1500 with 3.5% rate of interest. The time period is 8 years. The…

Q: An account that’s yields 6% simple interest  annually has $2,000 how much will be in the account…

A:

Q: After several years of working, Katy has saved $125,000. If she invests that $125,000 in a savings…

A: Katy has saved money $ 125,000        Invested Money at interest = 4 % per year        Time  =…

Q: How much interest will you earn if you invest $5100 for 4 years at a simple interest rate of 6%…

A:

Q: After several years of working, Katy saved $125,000. If she invests that $125,000 in a savings fund…

A: Given: Initial amount = P = 125000 Interest rate = r = 4% = 0.04 Time = t = 15 years To find: Final…

Q: Upgrading a Class B office space to a Class A space will cost $8,085. How much will the monthly rent…

A:

Q: How much interest will you earn if you invest $800 for 3 years at a simple interest rate of 7%…

A: Principal Amount, P = $800 Time, t=3 yrs simple interest rate, r=7%=0.07 To evaluate : The interest…

Q: An investment income of $50,000 increases at a rate of 8.3% per year. Find the value of the…

A: Given query is to find the value of the investment after 20 years.

Q: if $25,600 is invested for 3.5 years at 4.75% simple interest, how much interest is earned?

A:

Q: A machine is valued at $10,000. If the depreciation at the end of each year is 40% of its value at…

A: Price at start of first year =$10000 depreciation every year = 40%

Q: Francine currently has $65,000 in her 401k account at work, and plans to contribute $6,000 each year…

A: Given,  Francine currently has $ 65000 in her account  and plans to contribute $ 6000 each year for…

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: How many months will it take an amount of $6,000 to earn $120.00 simple interest at an annual rate…

A:

Q: How much money should you deposit in a bank so that it will accumulate to P100,000 at 1% simple…

A: As per our guidelines we are supposed to answer only one question. Kindly re-post other question as…

Q: Lee put $10,000 into the stock market index mutual fund that group at an average of 7% per year for…

A:

Q: How much should you invest at 3.2% simple interest in order to earn $90 interest in 4 months?

A: The formula is I=Prt , Where I=interest earned, P=principal, r=rate of interest, t=time. Here, I=$90…

Q: Suppose you want to have $400,000 for retirement in 35 years. Your account earns 5% interest. how…

A:

Q: A car is purchased for $38,500. If it is sold 7 years later for a price of $22,000. At what yearly…

A: Consider the provided question, Given, Principal (P) = $38,500 Amount(A) after 7 years = $22,000…

Q: Maria borrowed P10,000 with an interest rate of 12% compounded quarterly which he borrowed from a…

A:

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: A company needs $4,000,000 in 6 years in order to expand their factory. How much should the company…

A: Given: a company needs $4,000,000 in 6 years to expand their factory.

Q: Joy has ₱ 100,000.00 to invest at 1.11% compounded monthly. How much is the additional interest…

A: If an amount P is invested for t years at a rat o interest r% and if the number of compounding…

Q: If Damon invests $1600 for 1 year in a savings account that pays a simple interest rate of 1.09%…

A: Definition used -            Simple interest -                            SI=Prt100…

Q: You have $2000 in a savings account that pays an annual interest rate of 3.25%. How long will it…

A: Given,  Principal = p = $ 2000 Interest rate = r = 3.25 %  annually Amount = A = 2×2000 = $ 4000 We…

Q: $2000 is invested for 5 years with an APR of 3% and daily compounding.

A: We have to apply the compound interest formula to solve the given problem.

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: How much should you invest at 4% simple interest in order to earn $65 interest in 19 months?

A: Given: r=4%=0.04 I=65 t=19 months=19/12=1.5833 years To find P=?

Q: Ms. Roberts decided to invest some money in an insurance company with an interest rate of 9%…

A: Given that interest rate is 9%. The formula for calculating compound interest is given by, A= P(1+…

Q: Find the rate of interest if N2,800 gains N600 in 5 years

A:

Q: how much money should be invested now in order to have $18,000 in 4 years if the investment earns…

A: A=Final Amount=$18000 t=Number of time periods elapsed=4 years r=Interest Rate=5.4%=0.054 n=Number…

Q: How long will an amount of money double at a simple interest rate for 2% per annum? years

A:

Q: How long will an amount of money triple at a simple interest rate of 1% per annum?

A: How long will an amount of money triple at a simple interest rate of 1% per annum?

Q: triple itself a

A: Assume, we have 'x' amount as a principal amount. Now, our goal is to find time t after which amount…

Q: Hannah wants to have $ 4500 to help pay for a new deck in 7 years. If she wants to put her money…

A:

Q: How much money should you deposit in a bank so that it will accumulate to ₱100,000 at 1% simple…

A:

Q: Based on making 46000 a year and saving 16% of that monthly income what is the monthly amount that…

A:

Q: Suppose Sarah has $6500 to invest. Bank W offers a savings account that earns interest at a nominal…

A:

Q: A company needs $3,600,000 in order to expand their factory how much should the company invest each…

A: Given, FV=$3600000 r=9.4%/52 n=52×14

Q: A $40,000 investment in a mutual fund doubled to $80,000 in 5 years. What was the investment’s…

A:

Q: How many days did it take Romy to place 120,000 in an investment house that pays 8% simple interest…

A: If p= principal amount R= rate of interest t= time And I is the interest after time t at a r% rate…

Q: How long does it take the amount of money in your wallet to triple if it is invested at 7% interest,…

A: Let initial amount = P So, final amount = A= 3P Interest rate= 7%= 0.07  n= number of times…

Q: Nancy wants to invest $4000 in saving certificates that bear an interest rate of 9.75% per year,…

A: Given: Nancy wants to invest $4000 in saving certificates that bear an invest rateof 9.75% per year,…

Q: How many years will 100 000 earned a compound interest of 500 000 if the interest rate is 9%…

A:

Q: Karen has $1000 from investing in an account that pays 3.2% interest compounded quarterly at the end…

A: We will use formula for compound interest.

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,…