If $35,500 is invested at 6.2% for 30 years, find the future value if the interest is compounded the following ways. (Round your answers to the nearest cent.) annually $ (b) semiannually $ (c) quarterly $ (d) monthly $ (e) daily (N = 360) $ (f) every minute (N = 525,600) $ (g) continuously $ (h) simple (not compounded) $

Q: If $32,500 is invested at 6.1% for 30 years, find the future value if the interest is compounded the…

A: Since the question has multiple subparts, we will answer the first three subparts (a,b,c). If you…

Q: What sum must be deposited today at 8 percent per year compounded annually if the goal is to have a…

A: When the interest is compounded, then the formula used is A=P1+rnnt, where, A is the final amount, P…

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Q: What is the future value if $9000 is invested for 9 years at 10% compounded semiannually? (Round…

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Q: Find the future value of a $35,000 annual income stream if it is invested immediately as it is…

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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: In a certain account providing an interest rate of r compounded quarterly, 2500 is deposited every…

A: Given There are 2 cash flows "2500" with each occurring at the end of the quarter. The FV is given…

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

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Q: P7,500.00 earning 9% interest, compounded daily for 3 years

A: Given: P=7500 r=9%=0.09 Compounded daily, n=365 t=3 years

Q: 3. Find the future value if 1000 dollars is invested at interest rate 3% compounded semi-annually…

A: Given that $1000 is invested for a 3% compound interest semi-annually for 2 years.

Q: Calculate, to the nearest cent, the future value FV of an investment of $10,000 at the stated…

A: Given information Present value PV=$10,000 Rate of interest r=0.1% per month ⇒r=0.1100=0.001. Time…

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: 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: Suppose $10,000 is invested for t years at 6% interest, compounded con-tinuously. Give the future…

A: $10,000 is invested for t years at 6% interest compounded continuously.

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: Calculate, to the nearest cent, the future value FV of an investment of $10,000 at the stated…

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Q: $37,500 is invested at 6.6% for 30 years, find the future value if the interest is compounded the…

A: As per guideline we have to solve three subparts

Q: What is the future value if $8400 is invested for 13 years at 8% compounded semiannually? (Round…

A: Given that Invested amount (P)= $8400 Time = 13 years Interest rate = 8% = 0.08 Annual compounds…

Q: at 10% compounded semiannually? 9. What are the future value and the interest earned if $3200 is…

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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 $3,000 is compounded annually at 6.5% for 13 years, what is the future value

A: Given, $3,000 is compounded annually at 6.5% for 13 years, We have to find the future value of the…

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: What is the future value if $8400 is invested for 14 years at 7% compounded semiannually? (Round…

A: Given that $8400 is invested for 14 years at 7% compounded semiannually. Thus, we have Present value…

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: An investment of $13,000 was growing at 6.25% compounded quarterly. a. Calculate the future value of…

A: Investment (p) = $ 13000  Interest rate = 6.25%  a) find amount in 1 year  compounded quarterly  b)…

Q: 3.What is the future value of $4000 earning 18% interest, compounded monthly, for 6 years? (Round…

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Q: If the present value of my investment is $1,000 and the rate of interest is 10% compounded annually,…

A: From the given information, present value of my investment is $1,000 that is P = 1000, the rate of…

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: Find the future value of $56,780 if it is invested at 2.8%, and compounded continuously for 15 years

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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: What is the future value after 18 years if you deposit $1,000 for your child's education and the…

A: The principal amount deposited is $1000. The number of years the amount is deposited for is 18…

Q: If $17,000 is invested at 2.5% for 30 years, find the future value if the interest is compounded the…

A: Compound Interest Formula A=P1+rnnt where A is accumulated amount, P is principal amount r is rate…

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: What is the future value if $8500 is invested for 11 years at 12% compounded semiannually? (Round…

A: Given Principal Amount = P = $8500 Time = t = 11 years Interest rate = 12% compounded semiannually.

Q: What are the future value and the interest earned if $4000 is invested for 3 years at 8% compounded…

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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: Find the principal P that will generate the given future value A, where A = $15,000 at 6% compounded…

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Q: What is the future value of $117,000 invested for 5 years at 10% compounded monthly?

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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: What is the future value if $7,000.00 is invested for 3 years at 8% compounded every 2 months?

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Q: Find the principal P that will generate the given future value​ A, where A=​$12,000 at 8​%…

A: Use formula of compound interest.

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

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Q: An investment of $17,000 was growing at 4.5% compounded quarterly. a. Calculate the future value of…

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Q: At what interest rate will P120,000 earn P37,800 interest after 3 % years? Discount P9,000 for 9…

A: We need to find interest rate for P120,000 amounting to P37,800 interest after 3.5 years Need to…

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…