How much money should be deposited today in an account that earns 7% compounded semiannually so that it will accumulate to $ 10,000 in three years? $8135.01 $8035.20 $8531.00 $8133.01

Q: How much would you need to deposit in an account now in order to have $2000 in the account in 15…

A: Given problem Given that   A = $ 2000 T = 15 years Rate of interest = 7% = 0.07 Compounded monthly…

Q: 1. If you save $750 per month in a savings account that pays 1% interest, compounded monthly, how…

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Q: How much money should you put in a savings account now that earns 3.0% a year compounded weekly if…

A: Given: Final amount= $80,000. time period t= 15 years. Interest applied weekly.(n=52)

Q: Anitemwill need replacing in 6 years from now at a cost of P128,000.00. How much should the owner…

A: By Bartleby policy I have to solve only first one as these 2 are unrelated problems     *** This is…

Q: If $11,000 had been invested in a certain investment fund on September 30, 2008, it would have been…

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Q: If $3000 is deposited at the end of each half year in an account that earns 6.5% compounded…

A: Given that the annual deposited amount P=$ 3000   Amount of annuity A=$ 130000   Rate of interest…

Q: How much would you need to deposit in an account now in order to have $5000 in the account in 5…

A: P=Principle=?t=time=5 yearsr=interest rate=6%=0.06A=final amount=$5000n=number of times compounded…

Q: A perpetuity earning 4.00% compounded semi-annually is started with a $159,000.00 investment. How…

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Q: How much money should Cody invest today into a fund that earns interest at 4.75% compounded…

A: Here, the effective semi-annual interest rate =1+quarterly rate2-1 where quarterly rate…

Q: How much monthly deposits must be made for 8 years and 6 months in order to accumulate P250,000 at…

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Q: A company deposited $5,500 into an investment fund at the beginning of every quarter for 4 years. It…

A: Effective quarterly rate,  r=1+0.0450123-1=1+0.003753-1r=1.011292 a)  n=4×5=20 quarterly…

Q: If $28,000 is invested in an account for 25 years. Calculate the total interest earned at the end of…

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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: How much interest will an account earn if you deposited $715 semi-annually for 11 years and the…

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Q: A woman wishes to save$20,000 for a down payment on a home. She can afford to set aside $1500 per…

A: A woman wishes to save$20,000 for a down payment on a home. She can afford to set aside $1500 per…

Q: How much (in dollars) is needed in an account that earns 9.6% compounded monthly to withdraw $1,000…

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Q: Find the final amount of money in an account if $4,500$4,500 is deposited at 6.5%6.5% interest…

A: Given

Q: You have a big account that has a 6% interest rate and is compounded semiannually. How much should…

A: The formula for compound interest is given by A=P1+rnnt where A is the Amount, P is the principle, r…

Q: If $15,000 had been invested in a certain investment fund on September 30, 2008, it would have been…

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Q: Sumi Kato's savings account has a balance of $1,596. After 21 years what will the amount of interest…

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Q: How much interest is earned in 5 years on P50,000 deposited in a bank paying 3% interest per annum,…

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Q: How much must be deposited at the beginning of each year in an account that pays 9%, compounded…

A: Given: The amount at end of 8 years=$32000 Rate of interest = r = 9% = 0.09 The number of times…

Q: How much would you need to deposit in an account now in order to have $2000 in the account in 5…

A: Use formula of compound interest

Q: How much is P1,200 worth at the end of 1 year if the interest rate of 5.5% is compounded quarterly?…

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Q: John Lee's savings account has a balance of $1,251.00. After 5 years, what will the amount of…

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Q: An investment of $4,500 was deposited into an account that pays 3.7% compounded daily. ... How much…

A: Answering An investment of $4,500 was deposited into an account that pays 3.7% compounded daily. ...…

Q: How much would you need to deposit in an account each month in order to have $30,000 in the account…

A: Given, We want to have $ 30,000 in the account in 5 years   We have to find how much we need to…

Q: How much should a mother invest at the time her daughter is born in order to provide her with…

A: A mother invest at the time her daughter is born in order to provide her with$95,000 at age 18. The…

Q: You want to have a $ 93,477 college fund in 10 years.  How much will you have to deposit now in an…

A: Given Data: The expected accumulated balance after 10 years is: A=93477 $ The interest rate is:…

Q: If $19,000.00 is invested in an account for 30 years.. Find the value of the investment at the end…

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Q: How much would you need to deposit in an account now in order to have $6000 in the account in 10…

A: The future value of the deposit is $6000. The period is 10 years and the monthly compounded interest…

Q: A bank offers an investment account with an annual interest rate of  1.28%  compounded monthly.…

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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…

Q: If $26,000.00 is invested in an account for 10 years. Find the value of the investment at the end of…

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Q: How much money should Bryan invest today into a fund that earns interest at 5.75% compounded…

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Q: How much will you need to save per month to have $200,000 after 12 years, if your account earns 5%…

A: This question can be solved using the concept of annuity.

Q: How much would you need to deposit in an account now in order to have $2000 in the account in 15…

A: P=Principle=?t=time=15 yearsr=interest rate=8%=0.08A=final amount=$2000n=number of times compounded…

Q: If $7,000 had been invested in a certain investment fund on September 30, 2008, it would have been…

A: Thanks for the question :)And your upvote will be really appreciable ;)

Q: How much would you need to deposit in an account now in order to have $6000 in the account in 15…

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Q: How much would you need to deposit in an account now in order to have $4,500.00 in the account in 6…

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Q: A recent graduate's student loans total $13,000. If these loans are at 5%, compounded quarterly, for…

A: The formula for present value of ordinary annuity formed by R payments with interest i for n periods…

Q: Find the amount that should be deposited today at 8% compounded monthly to receive $2,000 in 6…

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Q: How much would you need to deposit in an account now in order to have $4000 in the account in 15…

A: Compound Interest Formula:  A=P1+rnnt where A = Amount            P= Principal            r = Annual…

Q: How much would you need to deposit in an account now in order to have $5000 in the account in 10…

A: Formula: A=P1+rnnt where A= Final amount P= Principal initial balance r= Rate of interest t= Time…

Q: How much would you have to deposit in an account today to have $37 000.00 in a three-year term…

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Q: How much monthly deposits must be made for 8 years and 6 months in order to accumulate P250,000 at…

A:

Q: How much would you need to deposit in an account now in order to have $2000 in the account in 15…

A:

Q: What lump sum do parents need to deposit in an account

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Q: You want to have a $60,000 college fund in 12 years. How much will you have to deposit now in an…

A: The compound interest is A=P1+rnnt. Given that,  the total amount is  A=$60,000, the number of years…

Q: How much would you need to deposit in an account each month in order to have $40,000 in the account…

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