How much should you save weekly for one year (following either an arithmetic or a geometric sequence) so that at the end of the year you will have at least 100,000-peso total savings? Use the conversion 1 year = 52 weeks. Identify the practical amount to start with.

Q: You deposit $100 each month into an account earning 6.3% interest compounded monthly for 30 years.…

A: Here given  Principle amount P=$100 rate r=6.3% time t=30 years,

Q: d the amount of money that accumulates when $310, 000 is placed annually into a non-interest-earning…

A: Given query is to find the amount accumulated.

Q: 6700 dollars is placed in an account with an annual interest rate of 8.25%. How much will be in the…

A: In the question it is asked to calculate the total amount generated in account.

Q: You want to be able to withdraw $35,000 each year for 30 years. Your account earns 5% interest. a)…

A: Amount withdraw each year is P=$35000.,000. Annual interest rate is r=5% Total number of withdrawals…

Q: 3. At the end of every week, for 2 years, Carlo puts $35 into an account that earns 5.2% per year,…

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Q: 3. Brandon bought a government savings bond for $1,100. He was told that when the bond can be cashed…

A: Since you have posted multiple questions, as per our policy we will answer first question. Please…

Q: Suppose you want to have $400,000 for retirement in 25 years. Your account earns 10% interest. How…

A: It is given that, the future value is FV = $400,000, n=25×12=300, and r=10%=0.112  since each month…

Q: You deposit $100 every six months into an account earning 4.6% interest compounded semiannually. a)…

A: The principal amount is $100 The rate of interest is 4.6%

Q: What principal must be invested at an annual interest rate of 3% for 180 days to earn $35.75…

A:

Q: You deposit $500 each month into an account earning 4% interest compounded monthly. a) How much will…

A:

Q: Suppose Austin places $6,500 in an account that pays 7% interest compounded each year. Assume that…

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Q: Sanjay borrowed $7,000 at a simple interest rate of 3% per year. After a certain number of years he…

A:

Q: You deposit $100 each month into an account earning 7% interest compounded monthly. Round to the…

A: NOTE: Refresh your page if you can't see any equations. . here we have PMT=100 r=7%=0.07 n=12 for…

Q: 8300 dollars is placed in an account with an annual interest rate of 6.5%. How much will be in the…

A: The rate of interest is, r = 6.5 The principal amount is, 8300 dollars  So, the annual interest…

Q: Suppose you want to have $500,000 for retirement in 30 years. Your account earns 6% interest. a) How…

A: Here, given that you want $500,000 for retirement in 30 years. Your account earns 6%  interest,

Q: lf you make monthly deposits of $542.00 into an ordinary annuity earning 5.01% compounded monthly,…

A: The future value of an annuity is given by  A=p1+rnnt-1rn   where A is the future value, p is the…

Q: Offered a job with a low starting salary but with a $2,000 raise for each of the next 7 years . How…

A: Given Offered a job with a low starting salary but with a $2,000 raise for each of the next 7 years…

Q: You want to purchase a bond that has a face value of $40,000

A: Given, Face value of the bond: F=40000 Quarterly interest payment: I=40000×8100×14=100×8I=800 Yield…

Q: 3. Six years ago a Honda Accord was worth $21,000. Now the car worth $15,099. a. What is the annual…

A: Given that six years ago a Honda Accord was worth $21,000 and now the car is worth $15,099. To find:…

Q: Suppose you want to have $500,000 for retirement in 35 years. Your account earns 7% interest. a) How…

A:

Q: A man gets a job with a salary of $30,000  a year. He is promised a $2300 raise each subsequent…

A: Given that  A man gets a job with a salary of $30,000  a year. He is promised a $2300 raise each…

Q: How much would you need to deposit in an account now in order to have $5,000.00 in the account in…

A: Future amount:  A = $5000 Total time:  t = 757 days Interest rate:  r = 534%

Q: Suppose you want to have $500,000 for retirement in 35 years. Your account earns 9% interest.a) How…

A: (a)Given:

Q: Suppose that you borrow $12,000 for five years at 8% toward the purchase of a car. Use PMT= interest…

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Q: You want to be able to withdraw $20,000 each year for 20 years. Your account earns 5% interest…

A:

Q: 3400 dollars is placed in an account with an annual interest rate of 8.25%. How much will be in the…

A: Here i consider two conditions  if amount on simple interest  or if amount on compounded interest

Q: Suppose you want to have $300,000 for retirement in 20 years. Your account earns 5% interest. a) How…

A:

Q: what is the formula for finding the total amount of the mortgage if a house is sold at 350,00 and a…

A: Given, total amount of mortgage is 35000 down payment = 15% we have to determine 30 year mortgage at…

Q: To create a college fund, a parent makes a sequence of 18 yearly deposits of $1100 each in a savings…

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Q: Suppose you want to have $800,000 for retirement in 30 years. Your account earns 5% interest. a) How…

A: Given: r = 0.05                    5% annual rate k = 12                      since depositing…

Q: Five: $600 deposited yearly in an annuity account that pays 12% per year and compounds once yearly.…

A: Formula  Amount after n years =>A=P(1+r/100) n

Q: You purchase a new car for $19,500. If you borrow $19,500 for 5 years with an interest rate of 5%…

A: Given P=$19500 r=5%=0.05 t=5 years

Q: At age 25​, someone sets up an IRA​ (individual retirement​ account) with an APR of 8​%. At the…

A: NOTE: Refresh your page if you can't see any equations. . here we have PMT=30 r=8%=0.08 n=12 for…

Q: Suppose you want to have $700,000 for retirement in 20 years. Your account earns 10% interest. a)…

A: As per bartleby guidelines we only give first question answers.

Q: At age 19, someone sets up an IRA (individual retirement account) with an APR of 4%. At the end of…

A:

Q: Suppose you want to have $700,000 for retirement in 25 years. Your account earns 10% interest. a)…

A: The objectives are: a) How much would one need to deposit in the account each month?b) How much…

Q: Sean has accepted a job that will initially pay an hourly rate of $6.50. Each month Sean works, his…

A:

Q: $13,000 is deposited into a savings account that earns simple interest at a rate of 6.5% per year.…

A: Given :                  Principal, P = 13,000rate of interest , r = 6.5%number ofyears, n = 3…

Q: Five: $600 deposited yearly in an annuity account that pays 12% per year and compounds once yearly…

A:

Q: Suppose you want to have $800,000 for retirement in 25 years. Your account earns 8% interest. a) How…

A: Given: Future value:  F = $ 800,000 Time Period: 25 year Interest Rate: 8%

Q: You deposit $300 each month into an account earning 4% interest compounded monthly. Round to the…

A: a) P=$300 r=0.04 n=12 t=20 So,

Q: Suppose you want to have $700,000 for retirement in 25 years. Your account earns 7% interest. How…

A:

Q: You borrow $450,000 from a bank to buy a house, at a rate of 2.25%, for 30 years. How much will your…

A: In the given problem,  P=450,000 $r=2.25% compounded monthlyt=30 years Here, interest is compounded…

Q: Sarah borrowed money from the bank at an annual interest rate of compounded semi-annually for 5…

A: Since you have asked multiple question, we will solve the first question for you as per our guide…

Q: How much would you need to deposit in an account now to have $3,000 in the account in 5 years?…

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Q: You  borrowed $1500 at 21% simple interest. What is the total amount to be repaid  1 year 55 days…

A: Consider the following simple interest formula: I=P×R×T100Where,P=PrincipleI=InterestR=Rate of…

Q: A job pays a salary of $24,000 the first year. During the next 19 years, the salary increases by 5%…

A: Given The salary in the first year for the job is $24,000. Then, there is an increase of 5% every…

Q: 9. You deposit $300 into an account each month earning 6% interest compounded monthly. (A) How much…

A: Given:         Principal =$300       Interest rate =6%       Interest rate compounded monthly…

Q: Assume a six-month CD purchased for $5000 pays simple interest at an annual rate of 9.5%. How much…

A:

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

A: