martha invest $5300 at a rate of 6 1/4%. find how long it will take for his investment to earn $410 in interest? ( round to the nearest day)
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martha invest $5300 at a rate of 6 1/4%. find how long it will take for his investment to earn $410 in interest? ( round to the nearest day)
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- Steffi Derr expects to invest $10,000 annually that will earn 8%. How many annual investments must Derr make to accumulate $303,243 on the date of the last investment?Chester hopes to earn $1200 in interest in 2.5years time from $60,000that he has available to invest. To decide if it's feasible to do this by investing in an account that compounds monthly, he needs to determine the annual interest rate such an account would have to offer for him to meet his goal. What would the annual rate of interest have to be? Round to two decimal places.Alexander invests $5,000 at an interest rate of 1.4% per quarter. How much is the investment worth after 3 years?
- Ann invests $1000 today in an investment that has APR of 9.8% and is compounded monthly. How much will she have in her account at the end of 1 year? How much will she have in her account at the end of 3 years?Kim invests $6050 in an account earning 6.54% interest, compounded weekly. How long will it take for the amount in the account to reach $18440?Bill Padley expects to invest $10,000 for 25 years, after which he wants to receive $108,347. What rate of interest must Padley earn?
- Darwin has a capital of $ 7100 which he invests for 3 years at 7.6 % p. a. a)How much will he receive come maturity time if the interest is compounded annually? Round to the nearest 100th. b)How much will he received come maturity time if the interest is compounded semi-annually? Round to the nearest 100th . c)How much will he receive come maturity time if the interest is compounded quarterly? Round to the nearest 100th . Then, George Green wishes to invest $ 8000 that he saved from his summer job. His bank offers 3.75 % for a one-year term investment or 3.5 % for a six-months term. a)How much will George receive (capital plus interest) after one year if he invests at the one-year rate? Round to the nearest one. b)How much will he receive (capital plus interest) after one-year if he invests for six months at a time at 3.5 % each time? This means George took the interest from the first investment transaction and included it in the principal for the second transaction. Round to…Darwin has a capital of $ 7100.00 which he invests for 3 years at 7.6 % p. a. a)How much will he receive come maturity time if the interest is compounded annually? Round to nearest 100th. b)How much will he received come maturity time if the interest is compounded semi-annually? Round to nearest 100th . c)How much will he receive come maturity time if the interest is compounded quarterly? Round to nearest 100th .3.) Mark decides to invest, if $300 is earned in three months on her investment of $12000 what is the anual rate of interest?
- Mrs. Santos placed an amount of 9,700 Php in an investment that pays an interest rate of 12%, compounded semi-annually. She wants her money to grow to a total amount of 50,000 Php. Then what is the total amount or the future value? And After how many years will his investment grow from 9,700 to 50,000?Kershaw wishes to accumulate $2 million by the end of 40 years by making equal annual end-of-year deposits over the next 40 years. If he can earn 10 percent on his investments, how much must he deposit at the end of each year? Must Identify variables and use excel m Nper (or N) =n*m Rate (or I/Y)=i/m PV PMT FVThomas Taylor plans to invest $24,300 a year at the end of each year for the next seven years in an investment that will pay him a rate of return of 9.1 percent. How much money will Thomas have at the end of seven years? (Round factor values to 4 decimal places, e.g. 1.2514 and final answer to 2 decimal places, e.g. 15.25.) Future value of investment $
