If $19,000.00 is invested in an account for 30 years.. Find the value of the investment at the end of 30 years if the interest is: (a) 6% simple interest: (b) 6% compounded monthly:

Q: If you deposit $4500 at 5% annual interest compounded quarterly, how much m oney will be in the…

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Q: 12. Leslie deposited $3000 into a CD and is earning 5% interest, compounded quarterly. What will be…

A: Given deposited amount =$3000 , rate =5% and time 10 year We have to find value of CD after 10 year

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

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Q: an insurance settlement of 750,000 must replace an injured workers income for the next 40 years.…

A: Given that, The insurance settlement amount, P=750,000. The rate of interest, r=6.2%. The time…

Q: If $11,000 is invested at 3% compounded monthly, what is the amount after 5 years? The amount after…

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Q: Find the amount due at the end of 8 years and 6 months if P4, 000 is invested at 7% compounded…

A: Principal amount:  $ 4000 Interest Rate:  r = 7% Time Period:  t = 8 year 6 months

Q: Find the time required for an investment of 5000 dollars to grow to 6800 dollars at an interest rate…

A: Let's find.

Q: If 48400 dollars is invested at an interest rate of 5 percent per year, find the value of the…

A: GIVEN  p is principal amount =48400$  r is rate of interest  =5% t is time period =5 years n is the…

Q: Find the amount of an investment of $25,000 earning 6% interest for 3 years compounding quarterly

A: Given that $25,000 is invested earning 6% interest for 3 years compounding quarterly. It is required…

Q: If $4,000 is invested at an interest rate of 5.7% per year, compounded quarterly, find the amount…

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Q: If $250 is invested at 8% compounded (A) annually, (B) quarterly, (C) monthly, what is the…

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Q: Find the value of $15,000 at the end of one year if it is invested in an account that has an…

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Q: A $5000 investment is made in a savings account that pays 10%/a compounded quarterly. How long will…

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Q: how much will deposits of dollar 200 made at the end of each quartar amount to after 9 years if…

A: The process of depositing an amount after each fixed time is called recurrent deposits. The final…

Q: Find the accumulated value of an investment of $20,000 at 5.25​% compounded annually for 12 years.…

A: The term per cent means for every hundred. A fraction whose denominator is 100 is called a…

Q: Suppose you deposit $1, 000 twice a year for 30 years into an account that is compounded…

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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: 3. If interest is compounded quarterly, how much will P100,000 be at the end of one year at 12%?

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Q: A loan of $27,000 is made at 8.25% interest, compounded annually. After how many years will the…

A: A=P1+rtP is the initial amountA is the amount after t years.r is the rate of interest

Q: find the amount of money you Will have after 20 years if you inrest $ 25,000 at a rate of 12% if…

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Q: If $4000 is borrowed at a rate of 5.75% interest per year, compounded quarterly, find the amount due…

A: Given data,  Principle amount = $4000 Rate of interest = 5.75% = 0.0575 Compounded quarterly Final…

Q: An investment of 10,000 yields 8% interest compounded quarterly. What will be the accumulated…

A: Given    present value= 10000 interest rate=8% compounded quarterly

Q: How much will $12,700 become if it earns 8% annual interest, compounded quarterly, for 60 years?

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Q: How much will Blo00 deposited in an account earning 7% Onnually be worth. interest Compounded In 20…

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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: find the present value of $75,000 if interest is paid at a rate 3% per year, compounded monthly for…

A: Only you have to careful what the question saying...wheather it is compounded yearly or compounded…

Q: A principal of $2000 is placed in a savings account at 3% per annum compounded annually. How much is…

A: A principal of $2000 is placed in a savings account at 3% per annum compounded annually.

Q: If $23,000.00 is invested in an account for 30 years. Find the value of the investment at the end of…

A: Solution: From the given information, invested amount is $26,000, interest rate is 7%, compounded…

Q: Find the present value of $100,000 if interest is paid at a rate of 8% per year, compounded monthly,…

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Q: A principal of $12,000 is invested in an account paying an annual interest rate of 7%. Find the…

A: Compounded quarterly , n=4

Q: If money is worth 5% compounded quarterly, find the equated time for paying a loan of P150,000.00…

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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: A student takes out a college loan of $4000 at an annual percentage rate of 6%, compounded monthly.…

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Q: If $1000 is invested at 7% compounded quarterly, what is the interest earned after: a) 5 years…

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Q: Sarah deposited $15,000 in an investment fund that was growing at a rate of 3.00% compounded…

A: Please refer to the image below

Q: Recent sales of some real estate and record profits make it possible for a manufacturer to set aside…

A: Given:  P=$1,000,000r=6.7%=0.067n=2t=12 year To determine: The amount that can be withdrawn from…

Q: If $500 is invested at an interest rate of 3.75% per year, compounded quarterly, find the value of…

A: Consider the following information: PrincipalP=$500Rate of interestr=3.75⁒n=4 Compound interest…

Q: A principal of P 2000 is placed in a savings account at 3% per annum compounded annually. How much…

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Q: A young man is a beneficiary of a trust fund established for him 16 years ago at his birth. If the…

A: Given

Q: A young man is the beneficiary of a trust fund established for him 21 years ago at his birth. If the…

A: Solution: P = $ 8000 r = 8% Using formula  A = P1+rnnt

Q: A deposit of $550 is made in a savings account that pays an annual interest rate of 1% compounded…

A: The formula of the compound interest is, A=P1+rnnt where, A=Amount after the periodP=principal…

Q: How much should be deposited now in order to have $45,000 in 8 years, if the account earns 6.57%…

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Q: You deposited $7000 in an investment fund that pays 5.5% per year, compounded quarterly. How much…

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Q: If $5000 is invested for 8 years at 6% compounded monthly, how much interest will be earned?

A: Given that $5000 is invested for 8 years at 6% compounded monthly. It is required to find the amount…

Q: How many years will 100 000 earned a compound interest of 500 000 if the interest rate is 9%…

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Q: A student takes out a college loan of $6000 at an annual percentage rate of 3%, compounded monthly.…

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Q: If $17,000 is invested at 6% compounded monthly, what is the amount after 6 years? The amount after…

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Q: If $200 is invested at 14% compounded quarterly, what is the interest earned after: a) 3 years…

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Q: A student takes out a college loan of $6000 at an annual percentage rate of 5%, compounded monthly.…

A: GIVEN: Student takes out a college loan of $6000 Rate = 5% monthly