My NFT Collection is depreciating in value and is only worth $165,000 as of today. If the value of my collection is steadily depreciating at 3% compounded semiannually, how much will it be worth in 4 ½ years?

Q: Gabriel invested $17,000 in an account paying an interest rate of 3% compounded annually. Assuming…

A: It is compound interest problem for calculating time period.

Q: find the amount that should be invested now at 8% compounded. quarterly to obtain $25,000 in 6 years

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Q: How much money should be deposited today in an account that earns 5% compounded semiannually so that…

A: The formula to calculate amount to be deposited in the account is shown belowwhere A is the…

Q: If $400 is invested at 18% compounded quarterly, what is the interest earned after: a) 2 years…

A: Given data: The given principal is P=$400. The given quarterly interest is r=18%=0.18. a) The given…

Q: If $800 is invested at 4% compounded quarterly, what is the interest earned after: a) 6 years…

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Q: Suppose you as a businessman leave an initial amount of 600$ in savings account at an annual rate of…

A: Simply use the formula of the Compound interest.

Q: How much money should be deposited today in an account that earns 8% compounded quarterly so that it…

A: In this question, concept of Compound Interest is applied. Compound Interest Compound interest is…

Q: Find the interest rate needed for an investment of $4000 to quadruple in 12 years if interest is…

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Q: If $25,000 is invested at 8% compounded quarterly, how long (in quarters) will it be before it grows…

A: Here,S=35,000P=25,000r=0.08 n=4

Q: How much money should be deposited today in an account that earns 3% compounded semiannually so that…

A: A=P1+rnntwhere   A = Final amount P= deposited amount r= interest rate n= no. of ompounding period

Q: How much more will an investment of $10,000 be worth after 25 years if it earns 6% compounded…

A: To find- How much more will an investment of $10,000 be worth after 25 years if it earns 6%…

Q: Mason invested $65,000 in an account paying an interest rate of 4.6% compounded annually. Assuming…

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Q: Lily invested $90,000 in an account paying an interest rate of 4.6% compounded annually. Assuming no…

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Q: A man deposits $ 36,200 into a bank, which pays 12% interest that is compounded quarterly. What will…

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Q: The average cost of a 4-year college education is projected to be $120,000.00 in 18 years. How much…

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Q: How much would you have to pay into an account at the beginning of every 3 months to accumulate…

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Q: If $11,000 is invested at 6% compounded quarterly, what is the amount after 4 years?

A: Please find attachment for the details solution

Q: Noah invested $8,600 in an account paying an interest rate of 2.4% compounded monthly. Assuming no…

A: Use the directly formula for compound interest.

Q: How long will it take P1000.00 to amount P1,346.00, if invested at 6% compounded quarterly.

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Q: How much money should be deposited today in an account that earns 6% compounded monthly so that it…

A: If an amount P is deposited today in an account that earns interest rate r per compounding period,…

Q: What amount must be invested now to have $12,000 after 3 years if money is worth 6% compounded…

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Q: If $8,000 is invested at 3% compounded quarterly, what is the amount after 5 years? The amount after…

A: Given that, P = $8000 r = 0.03 n= 4 t = 5 years The formula for calculating the compound interest…

Q: At what interest rate will money treble if compounded continuously for 18 years?

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Q: Find the present value that will grow to $29,000 if interest is 9% compounded quarterly for 16…

A: Compound interest formula

Q: Adrian invested $7,200 in an account paying an interest rate of 3.1% compounded monthly. Assuming no…

A: P=$7,200,  r=3.1%=0.031,  A=$12,110,  n=12

Q: If $1000 is invested in an account earing 4% compounded monthly, how long will it take for the…

A: The compound interest formula in exponential form is

Q: If Juanita invests $1500 in a retire-ment account that earns 8% compounded annually, how long will…

A: Given:Juanita invests $1500 in a retirement account the earns 8% compounded annually, and the amount…

Q: Chase invested $39,000 in an account paying an interest rate of 3.2% compounded daily. Assuming no…

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Q: A 40-year-old consulting engineer wants to set up a retirement fund to be used starting at age 65.…

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Q: What will the final amount be in 1 1/2 year if P8,000 is invested at 9.2% compounded monthly.?

A: Given that : Principle = $8000 Rate = 9.2 % per year = 9.2% / 12 per month Time = 1 (1/2) year = 18…

Q: How long will it take $10,000 to grow to $15,000 if the investment earns an interest rate of 12% per…

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Q: How long will it take for P65, 000 to amount to P98, 400 if compounded quarterly at 10.24% interest?

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Q: Claire invested $2,400 in an account paying an interest rate of 3.5% compounded monthly. Assuming no…

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Q: Suppose that $1,000 is deposited into an account that yields 0.85% interest, compounded annually.…

A: Given: P=$1000r=0.85%=0.0085n=1t=4 Use the formula: A=P1+rnnt

Q: At the birth of their child, how much should a couple invest to have $20,000 on the child's 18-th…

A: The principal investment required to get a total amount of $20,000.00 from compound interest at a…

Q: What is the future value of $4887 invested for 7 years at 8% compounded annually?

A: A=P(1+r)t

Q: If $11,500 is invested at 10% compounded quarterly, how much will this investment be worth in 3…

A: Let P be the amount invested , r be rate of interest compounded quarterly, n be number of periods in…

Q: If it takes 12 years and 5 months to double your money (compounded quarterly), how long would it…

A: To determine the time t it will take for the investment to double.

Q: Suppose that a person deposits $10,000 in a savings account at a bank yielding 11% per year with…

A: The compound interest formula : A=P1+rnnt, where , A= Final amount P=Principal or Initial…

Q: How much should you invest now at 5% compounded quarterly to have $8000 in 4 years?

A: As in compound interest quarterly A = P1+rnnt

Q: How much money should be deposited today in an account that earns 7% compounded semiannually so that…

A: Let $x should be deposited today that earns 7y.Compound semi annually. So that it will accumulate…

Q: If $5000 is invested for 8 years at 6% compounded monthly, how much interest will be earned?

A: Given that $5000 is invested for 8 years at 6% compounded monthly. It is required to find the amount…

Q: A bank offers 8% interest rate compounded quarterly. How long will it take for an amount of money…

A: Interests rate offered by the bank is 8%, and compounded quarterly. We need to find the time…

Q: If saving account awards interest of 3 percent per year compounded semiannually, what amount must…

A: In case of interest compoundedly semiannual Rate = annual rate/2 Time = 2* annual time Hence rate=…

Q: How much money should be deposited today in an account that earns 8% compounded semiannually so that…

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Q: If $5,000 is invested at 4% compounded quarterly, what is the amount after 9 years? The amount after…

A: According to the given information:The amount invested (P) = $5,000Rate of interest (r) = 4% =…

Q: If ₱1,000 is invested at 4% per annum compounded yearly, what is the value of the investment after…

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Q: If $200 is invested at 14% compounded quarterly, what is the interest earned after: a) 3 years…

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Q: If $400 is invested at 17% compounded quarterly, what is the interest earned after: a) 6 years…

A: FV = Future Value   PV = Present Value   r = rate of interest   n= no of period