How much is the exact simple interest of P 6000 from February 28, 2000 to December 31, 2001 with an interest rate of 8 %? How long in days should an amount of P 35000 with a 5 % exact simple interest would become P 35556?

Q: 7. You are hoping to put down $3000 on a car in 2 years. If the bank pays 4% interest, compounded…

A: FV = 3000 Interest rate = 4% compounded monthly time = 2 Years

Q: 4. Consider that you are depositing 1000 Riyals, annually, from year 2021 to year 2023 (as shown in…

A:

Q: Which interest rate should be deposited in order to be $ 20000 in 12 years as 5000 TL. Show your…

A: Given Information Principal(A) =  5,000Time(t) = 12 yearsFinal Amount(A) = 20,000 Interest rate(r) =…

Q: f you deposit 500 pesos at the end of each year for 3 years into an annuity that pays 5% annual…

A: Given deposit at the end of year = 500 pesos Time = 3 years Simple interest rate = 5 %

Q: as to decide between buying a one year CD ertificate of deposit) from a bank in the US or ne in…

A: Here, we calculate the given as follow;

Q: At which interest rate is the present value of $145.80 two years from today equal to $125 today? Oa.…

A: here by using the present value method we calculate the interest rate which are as follow-

Q: Eng'g economy: Mark has just retired and plans to consume $8,640 from the retirement account every…

A:

Q: 5-If you invest $1,000 at the beginning of each of the next 3 years at 8%, how much would you have…

A: Answer; Amount at the end of 3rd year =$3506.112.

Q: At the end of 2007 a student has $400 in a bank savings deposit that is earning an interest rate of…

A: Rule of 72: The time required to double an investment is 72/Growth rate.

Q: 4. If Andy borrows R350 today at CBD Bank at 15% interest rate per annum, how much will have to be…

A: Here we calculate the amount of Andy which he pay to the bank after the year  by using the given…

Q: (LG 3.5) Gwen just bought solar panels to power ventilation at her c farm. The panels cost $2000 and…

A: Given the cost of the panel = $200 Per month reduction in electricity bill = $40 Interest rate = 12%…

Q: Chris is a student at the University. He has an endowment of K2000 kwacha per month in period one…

A: The lifetime budget constraint is Y1 + {Y2/(1 + r)} = C1 + {C2/(1 + r)}

Q: C(z) = 200x15 + 100z14 + 500 + 300x² %3D This is an equation for money being invested in a saving…

A: Savings in savings account is a part of commercial banking and they provide interest on the savings…

Q: SOLVE AND GRAPH THE PROBLEM. What is the present worth of two P100 payments at the end of the third…

A: Given Third year-end payment = P100 Fourth year-end payment =P100 Annual rate of interest =8%

Q: on may 29, 2017, leah deposited $498 into a savings account that earned simple interest of 1.27%.…

A: Here total days for which the interest will be calculated are 3days in May , 30 days in June and 28…

Q: Property taxes in a particular district are 2% of thepurchase price of a home every year. If you…

A:

Q: Your company is going to invest in a new machine that expects to produce $50,0oo in new profits each…

A: Given information: Profit for 3 years = $50000 each year First-year investment for machine = $50000…

Q: bartleby = 3 max questions 1. If the proceeds of P 2000 will be paid w/ P2400 at the end of 10…

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

Q: terest Rates minal rate eriodic rate fective annual rate mul needs a loan and is speaking to several…

A: In economic aspects, the nominal interest rate or nominal rate of interest is both of two different…

Q: What's the future value of an 11%, 5-year ordinary annuity that pays $800 each year? If this was an…

A: here A=$800 n= 5 year  r = 11% so here we can use the Future Value of Ordinary Annuity  and  Future…

Q: InY = c + aK + BL se ß = 0.5 and other factors are fixed, explain the percenta ue to a unit change…

A:

Q: Chantelle is forecasting the amount of plane tickets. Based on her study, it is likely that airplane…

A: Given; Cost of plane ticket in first year= P2557 Increase in cost of ticket= 8% Annual interest on…

Q: Nathan and Stephanie are saving for their daughter's college education. Their daughter, Paige, is…

A: We have, Current College Tuition Fees and Expenses = $16,000 (r1) Rate of inflation = 4% College…

Q: Maria purchases a new big screen television for $850 on her VISA card that carries a favorable…

A: a. The individual purchases the television worth $850 with the credit card and the credit card…

Q: How many years would it take for money to triple in value at 15% per year simple interest? Select…

A: Let us assume that principal amount is 100%. And since we need to find how much time does it require…

Q: 1 Using the simple interest formula, determine the number of days until $2269.00 will earn $26.54…

A: The formula shown below can be used to compute the simple interest for the specified number of days.…

Q: With a 12% interest rate, approximately how much money you invested today and its future worth in…

A: Hi! thanks for the question but as per the guidelines we answer only one question at one time.…

Q: 3.21 (LG 3.3) What interest rate will result in $5000 seven years from now, starting with $2300…

A:

Q: On January 1, 2011, Maria invested $1,000 at 6 percent interest per year for three years (with…

A: Real Interest Rates The interest rate that takes inflation into account is called a real interest…

Q: You want to lend $12,000 as a bank deposit in a private bank with an interest rate 3 % per month.…

A: Compound interest refers to the interest rate that is calculated continuously for the given time…

Q: Suppose we deposit $1500 into an account that pays a simple interest rate of 0.5% each month. Find…

A: Deposit refers to the amount of money that is kept in the bank for safekeeping. Banks pay interest…

Q: 9 An inheritance will be $20,000. The interest rate the time value of money is 6%. How much is…

A: An inheritance is a financial term describing the assets passed down to individuals after someone…

Q: 3. For the following arithmetic gradient series, with interest at 10%, Year Deposits PO 800 Find the…

A: The total of discounted future cash flows is the present value. The compounded value of cash flows…

Q: 3. If the net present value for each of the cash flows were calculated at a 10% interest rate, the…

A: The present value of a sum of money, as opposed to the future worth it will have when compound…

Q: 1)Nolan Walker decided to buy a used snowmobile since his credit union was offering such low…

A: Simple interest is a quick and simple way to figure out how much money you owe on a loan. The daily…

Q: Mr. Parvez invested Tk. 2850 in a startup. The business increased in value by 4% in the first year,…

A: The average growth rate of startup over the first three years is: average growth=sum of growth for…

Q: Today, a bond has a coupon ate ofr8.6 percent, par value of 1,000 dolars, YTMof4 percent, and…

A: Current yield is an investment's annual income (interest or dividends) divided by the current price…

Q: 3. Your beginning salary is $60,000.00. Assume your salary increases by 5% per year. You deposit 10%…

A: here we calculate the saving in each year and last calculate the total  saving after 4 year , so the…

Q: tt wants to increase their marketing for Pedialyte leading up to St. Patrick's Day this ha Superbowl…

A: *Answer:  Given information Ad cost=$5000000 at week 2/13/2022 Ad cost on 3/6=$800,000 Sales on…

Q: Mr.Abdullah specializes on Arbitrage trading. He has got the following quotes regarding 3 currencies…

A: b.739541 1000000 *  0.739541

Q: An investment of $20,000 expected to produce an annual income of $5,000 for 10 years and to have a…

A: Investment = 20,000 Annual Income = 5000  Life = 10  Salvage Value = 4000  Therefore we can use the…

Q: Engg economy: Solve the following problems. Draw the cash flow diagram for each problem and use the…

A: Assuming 10th year will be the focal year. Withdrawal in 11th year  (W11) = $10,000 W12 =>…

Q: What is the annual rate of simple interest if $265 is earned in four months on an investment of…

A: Interest refers to the amount paid in excess of the principal amount by the borrower to the lender.…

Q: (a) Suppose Jack can get a 2% interest rate for a 6 month USD deposit, solve for the interest rate…

A: We will consider the ask rate, as we have to buy USD. Let r be the interest rate for a 6-month SGD…

Q: What is the current net single premium value of the 4-year periodic life annuity with increasing…

A: Premium is increasing by 10 TL.

Q: 6.Barney's Liquids and Aunt Bee's Lemonade plan to expand their international partnership for the…

A: In economics, present value refers to the current value of the future cash flow at a specific…

Q: A consumer's behavior is described by the equation Y = C₁ + S, where Y, C₁ and S, stand respectively…

A: *We convert all the fractions into decimal form so as cut the confusion in typing and calculations *…

Q: Question 1:- 6000 dollars received after (Y+2) years if the interest rate is 9%, how much worth it…

A: Given information: Future value after 7 years (Y+2): 6000 Interest rate: 9%