How much hould I invest now to yield $25 000 in 3 years' time, if the money can be invested at a fixed rate of 4.2% p.a. compounded quarterly?

Q: You invest $13,000 in Rapid Growth Funds, which appreciate by 2% per year, with yields reinvested…

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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: At what interest rate (compounded weekly) should you invest if you would like to grow $3,830.77 to…

A: To determine the interest rate compounded weekly we should invest if we would like to grow $3,830.77…

Q: When I was considering what to do with my $10,000 lottery winnings, my broker suggested that I…

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Q: For an interest rate of 6% p.a. Determine the effective interest rate if it is compounded monthly.

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Q: 1. How many whole years will it take money to be four times (itself) its value at the rate of 7%…

A: Topic - compound Interest Note: as per bartleby guidelines,we are supposed to solve only first…

Q: If $250 is invested at 8% compounded (A) annually, (B) quarterly, (C) monthly, what is the…

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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: Find the effective annual yield at an APR of seven 1/2% compounded monthly. (Answer to the nearest…

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Q: How much money would you have to invest at 10% compounded semiannually so that the total investment…

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Q: You invest $10,000 in Rapid Growth Funds, which appreciate by 6% per year, with yields reinvested…

A: Let P be the principal amount invested in $, r be the rate of interest, t be the time in years and n…

Q: How long will take it for money to quadruple itself if invested at 20% compounded quarterly? 9.5…

A: Compound Interest Formula:A=P1+rnWhere P= Initial amount           r= interest rate per period…

Q: The average cost of a 4-year college education is projected to be $110,000.00 in 15 years. How much…

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Q: Find the annual percentage yield for an investment at b) 12.1% compounded monthly. %. (Round to 3…

A: Here we find annual yield percentage.

Q: (i) What rate of interest compounded annually is needed to make an investment of $6,500 accumulate…

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Q: How much money should be invested every quarter at 8% per year, compounded quarterly, in order to…

A: The solution for the above question is as shown below.

Q: How much do you need to invest at 3 % interest, compounded quarterly, in order to have $8500 in 10…

A: Given that rate of interest is 3%, the final amount is $8500 and time period is 10 years.

Q: At what nominal rate, compounded every 2 months, would $7,000.00 have to be invested to amount to…

A: Compound Interest: The formula for the compound interest is given by, Where A is the final Amount,…

Q: Jen wants to have $21,000 in 10 years. Calculate how much she should invest now at 6% interest,…

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

Q: Jackson invested $4,200 in an account paying an interest rate of 9 1/2 % compounded continuously.…

A: Jackson invested $4,200 in an account paying an interest rate of 9 1/2 % compounded continuously.…

Q: How much should be invested now at 6.15% compounded annually to have $35,000 in 16 years?

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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: Find the interest rate needed for an investment of $8,000 to triple in 15 years if interest is…

A: To find the interest rate needed for an investment of $8000 to triple in 15 years if interest is…

Q: Find the interest rate needed for an investment of $5,000 to triple in 13 years if interest is…

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Q: How much money needs to be invested now to get​ $2000 after 4 years at​ 8% compounded​ quarterly?…

A: Let's find.

Q: Find the interest rate needed for an investment of $10,000 to grow to an amount of $11,000 in 4…

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Q: You invest $13,000 in Rapid Growth Funds, which appreciate by 2% per year, with yields reinvested…

A: Given that: Yield is being reinvested quarterly, hence its quarterly compounding

Q: At what nominal rate compounded quarterly would $20,000 have to be invested to amount to $26,425.82…

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Q: Find the size of the permanent endowment (in dollars) needed to generate an annual $7,000 forever at…

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Q: How much must be invested at the beginning of each year at 11%, compounded annually, to pay off a…

A: r = 11% = 0.11 Compounded annually, i.e. n = 1 t = 5 To pay of debt, i.e. A = $30000

Q: a.) What will an investment of 30 000 Euros at 5.6% p.a. interest compounded annually amount to…

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Q: You invest $10,000 in Rapid Growth Funds, which appreciate by 5% per year, with yields reinvested…

A: Present Value = $10,000 r=5%=0.05t=7 yearsn=4  compounded quarterly   Formula used: FV=PV1+rnnt

Q: When I was considering what to do with my $10,000 lottery winnings, my broker suggested that I…

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Q: How long will it take to triple an investment at 4.6 percent per year, compounded quarterly? Round…

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Q: What initial investment is required to produce a maturing amount of $15 000 in 60 months ' time…

A: From the given data, Maturing amount (A)=$15,000 Time (T)= 60 months = 5 years Compounded annually ,…

Q: . An investment fund pays 12% per year, compounded monthly, on all money invested. How much must be…

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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: How much money

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Q: What present value amounts to $20,000 if it is invested for 15 years at 7% compounded annually?…

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

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Q: Find the accumulated value of an investment of $20,000 for 6 years at an interest rate of 6% if the…

A: a. 28515.22 b. 28590.06 c. 28640.89 d. 28666.59

Q: How much time does it take for a $7,550 investment to grow to $10,800 in an account compounded…

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Q: How long did it take for an investment of $25,000 to grow to at least $28,000 at 2.75% compounded…

A: Given: A = $28000 P = $25000 r = 2.75% We know the quarterly compound interest formula as A=P1+r44t.…

Q: How long will it take $2,000 to grow to $24,000 if it is invested at 5% compounded monthly? years…

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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: van wants to put some money into an investment fund that has paid, on average, 13.2% per ar,…

A: Given query is to find the investment amount so that the future value will be 10000

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: Find the accumulated value of an investment of $10,000 for 5 years at an interest rate of 5% if the…

A: We will find out the required value.

Q: To yield $10000 in three years in an investment that pays interest at a rate of 5.4% per year,…

A: Solve for principal amount