increase by 6% every year. If a house is now offered at RM350 000 ,find the estimated price of the house after ten years. Give your answer in figure eg. if it is RM100,000 Key-in 100,000

Q: 1-year after a car is sold an owner finds it is worth 60% of the original price. If it is now worth…

A: 1-year after a car is sold an owner finds it is worth 60% of the original price. If it is now worth…

Q: Due to depreciation, the cost of a car decreases by 10.2% every year. How much is the estimated…

A: The solution is given below.

Q: 6700 dollars is placed in an account with an annual interest rate of 8.25%. How much will be in the…

A: In the question it is asked to calculate the total amount generated in account.

Q: 700 dollars is placed in an account with an annual interest rate of 8.25%. How much vill be in the…

A: Follow the procedure given below.

Q: 9000 dollars is placed in an account with an annual interest rate of 7.75%. How much will be in the…

A:

Q: 7700 dollars is placed in an account with an annual interest rate of 5.75%. How much will be in the…

A: I have Provided this answer in step-2.

Q: Helene invests Php 5,000 in an investment that earns 6% per annum. How many complete years doe it…

A: Topic = Algebra

Q: You deposit $100 each month into an account earning 7% interest compounded monthly. A) How much will…

A: We will solve the following

Q: Suppose you want to have $600,000 for retirement in 25 years. Your account earns 10% interest. a)…

A:

Q: You put $300 per month in a savings plan that pays an APR of 3.5%. How much money will you have…

A: Given:   APR = 3.5% = 3.5/100 = 0.035 t = 18 AMT = 300

Q: Andrew deposited half of PhP 130,000 in a certificate of deposit (CD) paying 4% interest, compounded…

A: The compound interest formula is given by A=P(1+rn)nt. where, A is the final amount, P is the…

Q: You decide to deposit $290 each month into the retirement fund, and retire when you can afford to…

A: Introduction: One of the fundamental mathematical operations is division, which involves breaking a…

Q: 8300 dollars is placed in an account with an annual interest rate of 6.5%. How much will be in the…

A: The rate of interest is, r = 6.5 The principal amount is, 8300 dollars  So, the annual interest…

Q: A bank account uses simple interest. If 10,000 is deposited at a rate of 4% interest, how much money…

A:

Q: A vehicle purchased for $25,000 depreciates at a constant rate of 9% per year. Determine the…

A: To find : Approximate value of the vehicle 12 years after purchase .

Q: Andrew invested $213 for 15 months in a bank and received a maturity amount of $239.50. If he had…

A:

Q: Arianna has put $37,600 into a retirement fund. The fund has an estimated annual return of 10%. If…

A:

Q: A new car is purchased for 16200 dollars. The value of the car depreciates at 14.25% ber year. What…

A: The solution is here

Q: Michelle Payne deposited $12,000 in a savings account paying 6.25% simple interest. How long (in…

A: Let it will take t years to be a amount of $12,000 deposited in a accountunit 6.25%.Simple interest…

Q: You deposit $200 each month into an account earning 4% interest compounded monthly. a) How much…

A: according to question, we have deposit $200 each month into an account earning 4% interest…

Q: Suppose you want to have $600,000 for retirement in 20 years. Your account earns 5% interest. Round…

A:

Q: Hui purchased a 91-day T-Bill that has a face value of $1000 and an interest rate of 4.00% p.a. a.…

A: Given, Interest Rate R=4.00%=0.04 Face Value = $1000 91 days T-bill

Q: Suppose you want to save in order to purchase a new boat. Take the APR to be 8.4%. If you deposit…

A:

Q: Darnell deposts $4000 in a bank account which pays 13.39% interest compounded monthly.  How many…

A:

Q: (a) How much will be in your account after 5 years? (b) How much interest will be earned after 5…

A: Principle, P = $2000 Interest rate, r = 3% = 0.03 Use the continuous compound interest formula,…

Q: 4400 dollars is placed in an account with an annual interest rate of 8.25%. How much will be in the…

A:

Q: 3400 dollars is placed in an account with an annual interest rate of 8.25%. How much will be in the…

A: Here i consider two conditions  if amount on simple interest  or if amount on compounded interest

Q: Suppose you want to have $700,000 for retirement in 35 years. Your account earns 10% interest. a)…

A: The given information is that the future value is $700,000 and the number of years is 35. The…

Q: You deposit $500 each month into an account earning 8% interest compounded monthly. a.how much will…

A:

Q: Suppose you want to have $300,000 for retirement in 20 years. Your account earns 5% interest. a) How…

A:

Q: 6700 dollars is placed in an account with an annual interest rate of 8%. How much will be in the…

A: Principal P=6700Rate R=8%Time T=24 yearsInterest after 24 yearsI=PxRxTI=670x8x24100I=12864

Q: You have $2000 in a savings account that pays an annual interest rate of 3.25%. How long will it…

A: Given,  Principal = p = $ 2000 Interest rate = r = 3.25 %  annually Amount = A = 2×2000 = $ 4000 We…

Q: You deposit $100 each month into an account earning 6% interest compounded monthly. a) How much will…

A:

Q: Professor Beatrice Kuhl invests $7,500 at 4.5% interest.  How much money will she have at the end of…

A: the given principal value P = $ 7,500 interest rate r = 4.5% for time t = 6 years

Q: Suppose you want to have $800,000 for retirement in 30 years. Your account earns 5% interest. a) How…

A: Given: r = 0.05                    5% annual rate k = 12                      since depositing…

Q: You purchase a new car for $19,500. If you borrow $19,500 for 5 years with an interest rate of 5%…

A: Given P=$19500 r=5%=0.05 t=5 years

Q: Suppose you want to have $700,000 for retirement in 25 years. Your account earns 10% interest. a)…

A: The objectives are: a) How much would one need to deposit in the account each month?b) How much…

Q: 3600 dollars is placed in an account with an annual interest rate of 9%. How much will be in the…

A: Given that $3600 is placed in account with an annual interest rate of 9%.

Q: You deposit $430 each month into an account earning 4.8% interest compounded monthly. a) How much…

A:

Q: An amount of P12, 500 is invested at 3.25% simple interest for 3 years. Complete the table below.

A:

Q: Suppose you want to save in order to purchase a new boat. Take the APR to be 4.8%. If you deposit…

A: after three years you have $1381.22

Q: 3400 dollars is placed in an account with an annual interest rate of 7.5%. How much will be in the…

A: Given:  Principal=P = $ 3400 Rate of interest= 7.5% To find the amount of money in account after…

Q: You deposit $1000 each year into an account earning 6.1% interest. How much will you have in the…

A: Given Information :  Amount $1000 deposit each year into an account earning 6.1% interest.  Let,  P…

Q: A person collected $2,100 on a loan $1,800 they made 4 years ago. If the person charged simple…

A: We have formula for simple interest

Q: Assume a six-month CD purchased for $5000 pays simple interest at an annual rate of 9.5%. How much…

A:

Q: nd the savings plan balance after 3 years with an APR of 4% and monthly deposits of $400

A: Given that: Monthly deposit = $400 Time = 3 years APR = 4% To determine the balance after 3 years.

Q: John opened a savings account with $900 and was payed simple intrest at an anual rate of 5%. When…

A: Given that the initial payment is =P= $900 Interest rate= r= 5%= 0.05  time=t= ? Interest = I= $135…

Q: Michelle Payne deposited $12,000 in a savings account paying 6.25% simple interest. How long (in…

A: we will use the formula of simple interest: I=p×r×t100 ---------- (i) and A=p+I ---------(ii) where,…

Q: You deposit $190 each week into an account earning 5.8% interest compounded weekly. a) How much will…

A: We have to find money in the account after 15 years, total money put in the account, total interest…

Q: Winston deposited $3,294 in a bank account with interest rate 2.6%. How much interest was earned in…

A: Simple interest: Deposit amount is . Interest rate is. Find the interest that earned in 5 years.…