If $16,000 is invested at 10% for 20 years, find the future value if the interest is compounded daily

Q: e future value of an ordinary annuity of $100 paid at the end of each quarter for 2 years, if…

A: FV=C(1+r)n-1r×(1+r)C=$100  r= 6% = 0.06  n=2 years  compounded quarterly r=0.064  n=2×4=8

Q: If you lend $4000 to a friend for 15 months at 8% annual simple interest, find the future value of…

A: Given: P=4000r=0.08n=1512 The formula for future value: FV=PV1+rn

Q: Find the future value of each deposit if the account pays (a) simple interest, and (b) interest…

A: When the interest is simple, then the formula used is A=P(1+rt) , where, A is the final amount, P is…

Q: If you lend $3600 to a friend for 15 months at 8% annual simple interest, find the future value of…

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Q: If $34,500 is invested at 6.8% for 30 years, find the future value if the interest is compounded the…

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Q: QUESTION 3 If an account starts with $17,000 and earns 5% interest per year, compounded quarterly,…

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Q: if jake deposit $5000 at the end of the year for 15 years in an account paying 6% interest…

A: Given: The principal amount is $5000, the time period is 15 years, rate of interest is 6% to find…

Q: What is the future value of a $1000 dollar CD invested at a rate of 4.5% that earned simple interest…

A: Given that: P=initial amount=1000 r=interest rate= 4.5%=0.045 t=number of years= 9  A=annuity=?

Q: If you lend $7,000 to a friend for 16 months at 9% annual simple interest, find the future value of…

A: given that lend amount, P=$7000 for 16 months,  T=1612years=43 years  rate of interest , R=9% annual…

Q: The payment of 500 php is to be made at the end of every 6 months. How much is its future value…

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Q: If you lend $3800 to a friend for 15 months at 10% annual simple interest, find the future value of…

A: We know:- Simple interest = PRT ⇒P=initial amount ⇒R=Rate of interest⇒T=Time in years

Q: If $16,000 is invested at 8% for 12 years, find the future value if the interest is compounded…

A: Given that:    Principal amount invested, P = $16000                      Rate of interest, r=8% =…

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Q: Find the future value of a $20, 000 annual income stream if it is invested immediately as it is…

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Q: If $1737 is invested at 5.74% for 4 years, find the future value if the interest is compounded semi-…

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Q: What is the future value of $112,000 invested for 5 years at 9% compounded monthly?

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Q: Find the future value if $11,000.00 is invested for 7 years at 6% compounded annual. The future…

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Q: Find the future value and the interest earned if RM10000 is invested for three years at 6%…

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Q: Amishi deposited $600, at the end of each six months for 18 years in a savings account. If the…

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Q: Amishi deposited $200, at the end of each six months for 18 years in a savings account. If the…

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Q: Find the future value of a $20, 000 annual income stream if it is invested immediately as it is…

A: Hee, use the formula: FV=erM∫0MS(t) e-rt dt

Q: If $16,000 is invested at 8% for 12 years, find the future value if the interest is compounded…

A: Given that  If $16,000 is invested at 8% for 12 years To find the future value if the interest is…

Q: Find the future value. $1417.32 invested for 6 years at 4% compounded monthly

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Q: Angela deposits $4000 into an account with an APR of 4.6% for 12 years find the future value of the…

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Q: The bank is offering a special rate of 4.5% to anyone willing to invest $10,000 for 5 years,…

A: Here, principal (P)=$10,000               Time (t)=5 years rate of interest (r)=4.5%=4.5100=0.045…

Q: If OMR 5420 is invested at 8% compounded quarterly,what will be the future value after 5 years? a.…

A: Given, PV=OMR 5420,r=8%t=5n=4 To find the future value.

Q: If $16,000 is invested at 8% for 12 years, found the future value if the interest is compounded semi…

A: We are given that 16000 dollars is invested at 8% for 12 years compounded semi-annually. We are…

Q: A principal of $5000 earns 2% per year simple interest. How long will it take for the future value…

A: Let it will take t years  Simple interest formula  A=P(1+rt)   Given, P=initial amount= 5000  A=…

Q: if $14,000 is invested at 6% simple annual interest, find the investment's future value in 4 years.

A: Given

Q: Find the future value of each deposit if the account pays (a) simple interest, and (b) interest…

A: We have to find the future value of each deposit if the account pays: a Simple interest: We can…

Q: Levi is planning to invest 100,000 php. Bank A is offering 5% compounded semi - annually while Bank…

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Q: Find the time necessary, in years and days, to achieve a future value of $1000 when the original…

A: It is given thatOriginal amount=$550Future value=$1000Rate of interest=8%To find:Time period(t)

Q: If $4236 is invested at 2.08% for 3 years, find the future value if the interest is compounded…

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Q: In 6 years, Mrs. Fong must pay off a note with a face value of $14,000, and interest of 10% per…

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Q: Suppose $10,000 is invested at an annual rate of 5% for 10 years. Find the future value if interest…

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Q: Man borrowed $30,000 at a simple interest rate of 12% per year to woman, however Man can only paid…

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Q: What is the future value if $12,000.00 is invested for 4 years at 7% compounded every 4 months? The…

A: A=p(1+r/n)^nt

Q: A principal of $300 is invested at 7% for 1 year Determine the future value if the interest is…

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Q: Find the Future Value if you invest $835 at 3 1/2 % compounded semiannually for 6 years.

A: From the given data Principal value(PV)=$ 835 Interest =r= 7/2 %= 3.5%=0.035 Compounded semi…

Q: If $2000 is invested at 4% interest compounded quarterly, what is the future value in 7 years ?

A: Initial amount =P= 2000 Time = t = 7 years Interest rate = 4% =0.04 Number of times compounded in a…

Q: Question 1 Aldin invests 20% of his 140,000 php monthly salary at the end of each month in a fund…

A: Monthly salary is:  140,000  php Now Adin invest 20% of this amount. Therefore: a=1400005a=28000

Q: What is the future Value if 8000 is invested for 10 years at 8% compounded semiannually

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Q: Find the future value if $7000 is invested for 7 years at 7% compounded annually

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Q: Find the future value of a $30, 000 annual income stream if it is invested immediately as it is…

A: Solving the problem by finding the value of compound interest.

Q: In a certain account providing an interest rate of r compounded quarterly, P2,500 is deposited every…

A: P= 2500 Amount after interest =5200 interest rate of r compounded quarterly n=4/yr

Q: Find the future value if $9000 is invested for 13 years at 13% compounded annually. (Round your…

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Q: Syppose $175,000 is invested at an annuel Compute The future value of the investment aftel 20 years…

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Q: Find the future value if $3000 is invested for 13 years at 11% compounded annually

A: P=$3000,  t=13  ,  r=11%=0.11  &  n=1 compounded annually

Q: If $16000 is invested at 8% for 12 years, find the future value if the interest is compounded…

A: Note:-         Formula for compound interest is         A=P1+rnnt →          *         A= Final…