If 1,000,000 php is invested at 8% compounded quarterly, how many years will the investment grow to reach 1,300,000 php? A 0.85 years в) 3.31 years 2.33 years 3.41 years

Q: How much money should be deposited today in an account that earns 5% compounded semiannually so that…

A: The formula to calculate amount to be deposited in the account is shown belowwhere A is the…

Q: If $400 is invested at 18% compounded quarterly, what is the interest earned after: a) 2 years…

A: Given data: The given principal is P=$400. The given quarterly interest is r=18%=0.18. a) The given…

Q: If $800 is invested at 4% compounded quarterly, what is the interest earned after: a) 6 years…

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Q: How much money should be deposited in an acciunt today that earns simple interest 4% compounded…

A: We are given interest, r = 4%, t = 5 years and the final amount(A) = $10,000. Now, we need to find…

Q: 6) Stanley Bank offers a money market account that earns 1.85% compounded continuously: a) If…

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Q: If you invest $500 in an account that has an intrest rate of 4.5% compounding monthly,    a) how…

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Q: Suppose you deposit $800 in an account that pays 4.25% annual interest compounded quarterly for five…

A: A=New balance=? P=Amount invested=$800 r=Rate=4.25%=0.0425 t=Time=5 years n=Number of times it is…

Q: What interest rate, to the nearest percent, is required for an investment subject to continuous…

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Q: What is the present value of an investment at 5% annual simple interest if it is worth $1250 in 18…

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Q: Suppose you invest $180 a month for 6 years into an account earning 7% compounded monthly. After 6…

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Q: Suppose that $1000 is invested  at8%, compounded quarterly.​How much is in the  account at the end…

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Q: If $15,500 is invested at a rate of 7.5% per year compounded monthly a) after 1 month b) after 6…

A: Given $15,500 is invested at a rate of 7.5% per year compounded monthly To find the amount a) after…

Q: Suppose you invest $17,290 in an account that earns interest at an APR of 3.4%,compounded…

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Q: Suppose $17,000 is invested in an account with an APR of 4.9%. If the interest is compounded…

A: Since you have posted multiple subparts, as per our policy we will answer first three subparts.…

Q: $600 invested at 5​% compounded quarterly after a period of 2.5 years

A: Solution is given below:

Q: Suppose you invest $190 a month for 6 years into an account earning 6% compounded monthly. After 6…

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Q: A debt of RM8,000 will mature in four years'time. Find: (a) the present value of this debt (b) the…

A: Given that a debt of RM8,000 will mature in four years' time.

Q: 30 years with a) 6 % compounded monthly with no point 1 b) 6– % compounded monthly with 1 point: 4.…

A: Solution

Q: Suppose you deposit $800 in an account that pays 4.25% annual interest compounded quarterly for five…

A: The principal amount is: P=$800 Rate of interest: r=4.25% And the time: t=5 years The interest is…

Q: If $400 is invested at 17% compounded quarterly, what is the interest earned after: a) 6 years…

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Q: an investment earns intrest compounded monthly, for 108 compounding periods. For how long is the…

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Q: if $3,500 is invested at an interest rate of 2.75% per year, compounded monthly, find the value of…

A: Given: P=$ 3500             r=2.75%             t=2 year, 3 year, 6 year   Formula used for…

Q: Assume $5000 is deposited in an account that pays 6% annual interest. How much more would be in the…

A: The answer as follows:

Q: What sum must be deposited today at 10 % per year compound quarterly, if the goal is to have a…

A: Let S be the sum deposited . and Let A be the compound  amount i.e. A=$50,000 Now t=6 years It is…

Q: Suppose you invest $755 in an account that earns interest at an APR of 2.6%, compoundedsemiannually.…

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Q: A person wishes to invest $10,000 and wants the investment to grow to $20,000 over the next 10…

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Q: If an investment company pays 6.5% compounded semi – annually, how much should you deposit now to…

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Q: $200 invested at 2​% compounded quarterly after a period of 4 years

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Q: Suppose you invest $190 a month for 6 years into an account earning 7% compounded monthly. After 6…

A: topic - application of geometric progression

Q: What is the balance after 1 year in an account containing $1000 that earns a yearly nominal interest…

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

Q: Suppose that $1,000 is deposited into an account that yields 0.85% interest, compounded annually.…

A: Given: P=$1000r=0.85%=0.0085n=1t=4 Use the formula: A=P1+rnnt

Q: Suppose you invest $150 a month for 3 years into an account earning 9% compounded monthly. After 3…

A: Given- Suppose you invest $150 a month for 3 years into an account earning 9% compounded monthly.…

Q: a) Rani invests RM X every six months into a fund that pays 12% compounded semi- annually. Find the…

A: Future value of ordinary annuity FV=R1+in-1i Where R is periodic payment, n is total period and  i…

Q: Suppose $50,000 is invested at l2% interest compounded monthly. In how many years will it be worth…

A: Given p=$50000 r=12%=12/100=0.12 compoundrd monthly n=12 A=$1, 000,000 t=?

Q: account offering 4% per year, compounded semiannuall

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Q: Suppose you invest $130 a month for 5 years into an account earning 8% compounded monthly. After 5…

A: As per bartleby guidelines, for more than one question only 1st one is to be answered. Please upload…

Q: Suppose you invest $190 a month for 5 years into an account earning 8% compounded monthly. After 5…

A: H

Q: Gabriella invests $4,114 in a retirement account with a fixed annual interest rate of 4.87%…

A: A(t) = P ert where,                 P = $ 4114                 r = 4.87% =…

Q: If $11,000 is invested at 6% interest compound monthly, find the interest earned in 18 years. The…

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Q: Suppose $16,000 is invested in an account with an APR of 4.7%. If the interest is compounded…

A: Given  Amount invested= $16,000 APR= 4.7%

Q: Suppose $16,000 is invested in an account with an APR of 4.8%. If the interest is compounded…

A: Explanation: Given that,  P0 =  $16,000  APR(r) = 4.8% = 0.048 1.  If the interest is compounded…

Q: If $2000 is invested for 3 years at 8% compounded quarterly how much intrest in dollars will be…

A: Given that, P = $2000, n = 4, R = 8% and t = 3. Calculate the value of A. A=P(1+rn)nt…

Q: What is the balance and amount of interest earned if $1000 is invested at the end of each quater…

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Q: What interest will be earned if $6,500 is invested for 5.5 years at 4.25% interest compounded…

A: Given: The amount invested is $6,500 The time in years is 5.5 years The rate of interest is 4.25%

Q: Suppose you invest $120 a month for 3 years into an account earning 6% compounded monthly. After 3…

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Q: Suppose you invest $10,145 in an account that earns interest at an APR of 3.9%,compounded annually.…

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Q: An investment opportunity promises to pay off an amount of P1,000,000 seven years from now if one…

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Q: 7. If you invest $3200 at 3.5% compounded monthly how much will you have at the end of 4 years?

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Q: suppose you deposit $800 in an account that pays 4.25% annuanl interest compounded quarterly for…

A: Given: Initial value:  $800 annual interest: 4.25%  compounded quarterly time: 5 years. The interest…

Q: If $400 is invested at 17% compounded quarterly, what is the interest earned after: a) 6 years…

A: FV = Future Value   PV = Present Value   r = rate of interest   n= no of period