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Jess invested 200,000 at 14% interest compounded every three months for 8 years. How much did he earn from the investment?
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- Alex invested $10,500 in an account that pays 6 percent simple interest. How much money will he have at the end of four years?Gus invests $100,000 for 12 years. For the first 7 years the rate is 4% monthly, and for the last 5 years, the rate is 6%. How much is Gus’ investment worth after the full 12 years?John invests $ 350 on the last day of each month into an account for 4 years compounding monthly at an interest rate of 7.5%, and then allows that investment to earn interest for the next 3 years. What is the value of his investment at the end of the seventh year?
- Benjamin wants to have $12,000 in 15 years after investing in an account that earns 4.2% compounded quarterly. How much should he invest?Travis invested $8000 in an account that pays 4 percent simple interest. How much more could he have earned over a 7 year period if the interest had compounded annually?Jim Green wants to receive $3,500 each year for 12 years. How much must Jim invest today at 12% interest compounded annually?
- Peter invests $1,000 dollars and hold it for five years. The interest rate is 10% compounded annually. How much will Peter’s investment be at the end of the five years?Zach depsoits a $38,000 one-time lump sum in an account with an APR of 7% that is compounded quarterly. What is the value of Zach's investment after 24 years?Alex invested P25,000.00 to a business. The ROR is 9 % compounded quarterly and he expects to have it after 8 years. How much will the investment company pay Alex after 8 years?
- Carlos invested $1,800 at the beginning of every 6 months in an RRSP for 11 years. For the first 6 years it earned interest at a rate of 3.40% compounded semi-annually and for the next 5 years it earned interest at a rate of 5.50% compounded semi-annually. a. Calculate the accumulated value of his investment after the first 6 years. Round to the nearest cent b. Calculate the accumulated value of his investment at the end of 11 years. Round to the nearest cent c. Calculate the amount of interest earned from the investment. Round to the nearest centTimothy invests $5000 at 17% interest compounded daily for three years. How much does he have in the account at the end of three years?Abigail invested $1,700 at the beginning of every 6 months in an RRSP for 11 years. For the first 7 years it earned interest at a rate of 3.20% compounded semi-annually and for the next 4 years it earned interest at a rate of 6.50% compounded semi-annually. a. Calculate the accumulated value of his investment after the first 7 years. Round to the nearest cent b. Calculate the accumulated value of his investment at the end of 11 years. Round to the nearest cent c. Calculate the amount of interest earned from the investment. Round to the nearest cent