If a principal of 8000 Rials is invested at an interest rate of 3 % compounded monthly, find the compound int after 4 years. Select one: O 19531.25 O 1018.62 O 9018.62 O 8243.33

Q: year compounded yearly, find the value of the investment at each given time and round to the nearest…

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Q: Nisha takes a loan of $45,000 at 6% per annum for 1^1/2 years. Assuming that the interest is…

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Q: An amount of $25,000 is deposited in a bank that pays interest rate of 4% year, compounded annually.…

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Q: How long will it take for an initial investment of $ 133000 to reach a balance of \$1,000,000 ,…

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Q: How long will it take for a $5000 investment to grow to $6965 at an annual rate of 4.6%, compounded…

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Q: Find the present value of OMR 45630 receivable after 12 years at a rate of 13.5% compounded…

A: Given information: Amount is, C=45630. Time period=12. Rate of interest =13.5% It was given that the…

Q: Determine the effective annual yield for $1 invested for 1 year at 7.6% compounded semiannually The…

A: Given investment is $1 Time is 1 year Interest rate is 7.6% compounded semi annually. So number of…

Q: Determine the principal P that must be invested at rate r= 3%, compounded monthly, so that $500,000…

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Q: If $11, 000 is invested at a rate of 3% per year compounded yearly, find value of the investment at…

A: Given: $11,000 is invested at a rate of 3% per year compounded yearly. To find: Investment at A)…

Q: How many years will it take for an initial investment of $10,000 to grow to $15,000? Assume a rate…

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Q: At the time of her grandson's birth, a grandmother deposits $13,000 in an account that pays 3.5%…

A: Grandmother deposits $13,000. Interest rate is, 3.5%. Number of years is 21.

Q: Find the effective yield of an investment that earns 4.75% compounded weekly. % round to the nearest…

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Q: Mason invested $65,000 in an account paying an interest rate of 4.6% compounded annually. Assuming…

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Q: If $15, 000 is invested at a rate of 4.25% per year for 23 years, find value of the investment to…

A: A=P1+rnnt Here, P = $15,000, t = 23 years, r = 4.25% = 0.0425 Part A. For compounding semiannually,…

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

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Q: Determine the effective annual yield for​ $1 invested for 1 year at 6.7​% compounded quarterly.

A: We have to determine effective annual

Q: If a principal of P dollars is borrowed for a period of t yearsat a per annum interest rate r,…

A: We know that if a principal of P dollars is borrowed for a period of t years at a per annum interest…

Q: Determine the principal P that must be invested at rate r = 3 %, compounded monthly, so that…

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Q: Find the effective yield of an investment that earns 7.65% compounded daily. round to the nearest…

A: Compounded daily ie m=365. Rate 7.65%. Find effective annual rate.

Q: Find the present value that m deposited now to amount to 24,500 in 5 years at 8%

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Q: How long was ₱30,000 invested at a bond growing at an average rate of 8.25% compounded monthly if…

A: Given, P= 30,000 A= 50,000 r=8.25%=0.0825 n=12(compounded monthly)

Q: Suppose that $2000 is invested at a rate of 3.4%, compounded semiannually. Assuming that no…

A: Suppose that $2000 is invested at a rate of 3.4%, compounded semiannually. Assuming that no…

Q: Determine the effective rate for $1 invested for 1 year at 8.9% compounded semiannually. %. The…

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Q: A debt of $43,974 is due in 4 years. If the debtor wishes to pay his creditor today at 14%…

A: If the interest is compounded, then the formula that is used is FV=PV1+rnnt. Here FV is future…

Q: If an investment grew to $13,500 in 3 years and the interest amount earned was $1,531.34, calculate…

A: To find out the compound interest.

Q: If $17, 500 is invested at a rate of 7.5% per year compounded monthly, find value of the investment…

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Q: Saif is planning to buy a house in 19 years. He wants to invest RO 211 now and hopes to have RO 9211…

A: Given: Saif is planning to buy a house in 19 years and have RO 211 and hopes to invest RO 9211 to…

Q: Determine the effective annual yield for $1 invested for 1 year at 3.9% compounded quarterly. The…

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Q: Find the effective yield of an investment that earns 6.85% compounded daily. % round to the nearest…

A: Here we find effective yield percent.

Q: Determine the effective annual yield for $1 invested for 1 year at 4.6% compounded quarterly.

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Q: Find the present value of OMR 32620 receivable after 10 years at a rate of 12% compounded quarterly

A: Problem Question : Find the present value of OMR 32620 receivable after 10 years at a rate of 12%…

Q: Suppose that $2000 is invested at a rate of 4.9% , compounded annually. Assuming that no…

A: We know that ,A=P(1+r100)n Where Principal (p)=2000rate of interest (r)=4.9Number of year…

Q: If $1000 is invested at a rate of 5.60% compounded monthly (n = 12), what is the principal after…

A: Given that P=$1000 r=5.60% n=12, t=4 years The formula for Compound interest is A=P1+rnn.t Where, A-…

Q: Suppose that  $2000  is invested at a rate of  5.4% , compounde

A: The principal amount P= $2000 Invested rate   time t= 10 years For Semi-annually n=2

Q: Suppose that $7,100 is invested at 4.5% annual interest​ rate, compounded monthly. How much money…

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Q: Find the required annual interest rate to the nearest tenth of a percent for $1200 to grow to $1600…

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Q: Find the interest earned on $25,000 invested for 3 years at 6% interest compounded as follows. a.…

A: Topic :- Alzebra

Q: Suppose that $5000 is placed in a savings account at an annual rate of 9.4%, compounded quarterly.…

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Q: How long will it take for a $3000 investment to grow to $3555 at an annual rate of 3%, compounded…

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Q: Suppose that $2000 is placed in a savings account at an annual rate of 4.2%, compounded monthly.…

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Q: Suppose that $2000 is invested at a rate of 3.3%, compounded monthly. Assuming that no withdrawals…

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Q: How long will it take to double an investment of 6000 Rials if invested at an interest rate of 6%…

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Q: Suppose that $6000 is placed in a savings account at an annual rate of 4.2 %, compounded monthly.…

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Q: If an investment grew to $13,500 in 3 years and the interest amount earned was $1,531.34, calculate…

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Q: How long will it take for a $2000 investment to grow to $2984 at an annual rate of 4.6%, compounded…

A: Initial investment = 2000 Final amount =2984 rate of interest = 4.6%= 0.046 compounded quarterly ,…

Q: If $3,000 is invested at 6% compound monthly, what is the amount after 8 years?

A: If $3,000 is invested at 6% compound monthly, what is the amount after 8 years?

Q: 2. Find the compound amount on deposit at the end of 1 year if P20 000.00 is deposited at 4%…

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Q: Find the prosent value of $4000 payable at the end of 2 years, If money may be invested at 9% with…

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Q: - Given a nominal interest rate of 5.3%, compounded daily, determine the APY.

A: We’ll answer the first question since the exact one wasn’t specified. Please submit a new question…

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