Investments Phyllis invested $12,000, a portion earning a sim- ple interest rate of 4% per year and the rest earning a rate of 4% per year. After 1 year the total interest earned on these invest- ments was $525. How much money did she invest at each rate?

Q: Investments If Ben invests $4000 at 4% interest per year, how much additional money must he invest…

A: Interest is the time value of money for the principal amount invested. Interest =…

Q: Walter is investing $5,000in an account paying 6.75 percent annually for three years. What is the…

A: Principal invested, P = $ 5,000Interest rate, R = 6.75%Time, T = 3 yearsAs a first step, we will…

Q: Vincent invested his savings into a Registered Retirement Savings Plan (RRSP) at an interest rate of…

A: Interest Rate(Compounded semi-annually) 3.50% Future Value After 1 Year  $…

Q: Taylor deposited $600 at the end of every three months into an investment for the past 5 years. The…

A: Future Value: The future value is the amount that will be received at the end of a certain period.…

Q: Mrs Smith invests R25 000,00 in an account earning 7,5% interest per year, compounded weekly. After…

A: given. r = 7.5% m=52 ( compounded weekly) pv = 25000 fv = 25000 x 2 = 50,000

Q: Juan invested an amount of $16,000.00 in a mutual fund. After 3 years and 6 months the accumulated…

A: Invested Amount  $                          16,000.00 Future Value  $…

Q: William receives an inheritance of $120,000. He invests the lump sum at a rate of interest of 3.5%…

A: A theory that helps to compute the present or future value of the cash flows is term as the TVM…

Q: Kate invested $1,200 4 years ago at 7% per year for 7 years. 2 years ago, she invested $2,000 at…

A: Here, Details of First Investment are as follows: Investment Amount is $1,200 Investment made 4…

Q: Consider two savings plans: Kelly deposits $415 per month in an account with an APR of 4.2% for 15…

A: Here we can use the concept of time value of money. The concept of time value of money states that…

Q: Anthony invested a sum of money 2 years ago in a savings account that has since paid interest at the…

A: Solution: FV = $25,789.88 r = 2%/ year n = 2 year Since, rate is compounded quarterly; number of…

Q: Aaron invested $100,000 at 12% interest, compounded semi-annually for 3 years. Manually calculate…

A: The future value of the annuity is the future worth of a cash flow series at a certain rate of…

Q: Caroline invest $100 on the last day of each month into an account earning 8% interest, compounded…

A: A theory that helps to compute the present or future value of the cash flows is term as the TVM…

Q: Carla Vista Co. earns 7% on an investment that pays back $83,000 at the end of each of the next 6…

A: Time value of money: Time value of money refers to the concept that the value of money available at…

Q: Abigail invested $77,000 in an account paying an interest rate of 8\tfrac{3}{8}883​% compounded…

A: The time value of money has two techniques. The compounding and the present value method. The…

Q: At the beginning of each year for 14 years, Sherry Kardell invested $400 that earns 10% annually.…

A: Given:

Q: Yoko invested s4000 in a fund for 2 years and was paid simple interest. The total interest that she…

A: Investment (P) = $4000 Period (T) = 2 Years Interest amount (I) = $400

Q: Delores has an investment account (Account # 1) with a current balance of $160,000. Delores plans to…

A: The future value (FV) of a single sum represents its current worth plus interest thereon at a given…

Q: awn invests $2000 each year of 10 consecutive years, starting at age 25. Assume an 8% annual rate of…

A: Here, Annual Payments is $2,000  Time Duration of Investment is 10 years Interest Rate is 8%

Q: Chris invests $19,000 at 4% simple interest for 7 year. How much is in the account at the end of the…

A: Investment is the practice of exchanging current revenue for an asset that is expected to provide…

Q: Shannon invested $1,900 at the beginning of every 6 months in an RRSP for 11 years. For the first 8…

A: Amount invested every 6 month is $1,900 Time period is 11 years Mode of payment is Beginning of…

Q: Mark and John started investing at the same time. Mark makes payments of $20 at the end of each week…

A: Future value refers to the value of the investment at a future date. This includes the principal…

Q: Amy Jolly deposited $2 000 in a savings account.  The annual rate is 10 per cent  compounded…

A: PV is the amount invested today.

Q: Jacqueline invested the profit of her business in an investment fund that was earning 2.50%…

A: Let the amount invested in the fund be $ X. Interest rate = 2.50 % compounded monthly The money is…

Q: Brian opened an RRSP account and deposited $3,300 into it. He then deposited $800 at the end of the…

A:

Q: Maria invested part of her P800,000.00 in an investment earning 12% per annum while the remaining at…

A: Solution:- When an amount is invested somewhere, it earns some interest on it and that’s why every…

Q: Scott deposits $5,000 at the end of each year into an account for five years. Assuming 6% interest…

A: Given:

Q: Heidi deposits $8,000 in a savings account that earns 4.5% compound interest. What is the estimated…

A: Given data; deposit amount = $8000 rate of interest = 4.5% future value = 2 * deposit amount…

Q: Phyllis invested $9,000, a portion earning a simple interes

A: Phyllis invested $9,000, a portion earning a simple interest rate of  4.5 1 2 %  per year…

Q: Jill is considering three investments. All of them have an initial investment of $10,000 and last…

A: Initial Investment = $10,000 Number of Years = 10 Years Computation of Each Investment Profit…

Q: Phyllis invested $7,500, a portion earning a simple interest rate of 4 1/5 % per year and the rest…

A: Simple Interest = Investment * Rate * Period

Q: a has savings of $60,000. She invests in a bond mutual fund that pays nterest each year. Ignoring…

A: As time period goes value of money goes on increasing with time due to the interest rate going on…

Q: Natalia makes a deposit of $2,000 into a savings account at the end of the 1st year and another one…

A: Here, Deposit in year 1 and 3 by Natalia is $2,000 Deposit in Year 2 and 4 by Manuel is $2,000…

Q: Kristina invests a total of $23,000 in two accounts. The first account earned an annual interest…

A: Given that: Total investment = $23000 Interest on first account = 12% Interest on second account =…

Q: Phyllis invested 49000 dollars, a portion earning a simple interest rate of 4 percent per year and…

A: Given, Amount invested is $49000 Interest earned on both the investments is $2320

Q: Belinda invested a sum of money for her two-year-old child education in the amount of fifty thousand…

A: Compounding is a strategy for calculating the future value (FV) of current cashflows using a…

Q: Eleven years ago, Chad invested $9,000. Six years ago, Allison invested $12,000. Today, both Chad's…

A: Rate formula = (Present value / Future value)^(1/Years) -1 Chad’s rate = (2400 / 9000)^(1/11) -1 =…

Q: Samantha invested $575 at the end of every month in an investment fund that was earning interest at…

A: Given data; payment amount = $575 rate of interest for 9 years = 4.2% compounding frequency =…

Q: Rico invested P5,000 for 3 years at 8%. Find the difference in the interest if the money is invested…

A: Interest as per Simple Interest: = Principal * Interest rate * Number of years = P 5000 * 8% * 3…

Q: Sidney makes 10 annual deposits of 5,500 each into an investment account. The interest rate is 6%…

A: Investments are the ways through which money is saved in various financial instruments and accounts…

Q: Judy was givin $3000 to invest that would last 8 years. $1050 earned exponentially at a rate of 3.2%…

A:

Q: Tom Blasting invested $4,500 in an investment paying 8% compounded quarterly for 3 years. Find the…

A: The compound interest refers to the interest on the invested amount using the compounding method. In…

Q: Jacob invested the profit of his business in an investment fund that was earning 3.75% compounded…

A: Using excel PV function

Q: Alexander invests $5,000 at an interest rate of 1.4% per quarter. How much is the investment worth…

A: Future value is the value of the current assets or some amount that is invested today and amount…

Q: At the start of every year Jane puts $100 into an investment that gets 5% interest at the end of the…

A: According to the requirement, question (b) is solved.

Q: Jeffrey invested the profit of his business in an investment fund that was earning 3.50% compounded…

A: FV = 0 N = 7*2 PMT = 5000 rate = (1 + 3.50%/12)^6 - 1 = 1.7628% use PV function in Excel

Q: Jennie invested a certain amount in a bank compounded semi-anually.The bank told her that the…

A: Solution:- When an amount is deposited somewhere, it earns interest on it.  The amount invested is…