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## Related Calculus Q&A

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Q: An individual makes 6 annual deposits of P2,000 in a savings account that pays interest rate of 4%…

A: Consider that the given annual deposit is P=2000 and the interest rate for two years is r=4%. And…

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Q: Determine the value of an account at the end of 10 years of a principle amount of $16000 is…

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Q: An amount of 5000 Rials is invested for 3 years at an interest rate of 5% compounding quarterly.…

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Q: A person invests 9000 dollars in a bank. The bank pays 6.5% interest compounded daily. To the…

A: Given Principal = $9000 rate = 6.5% compounded daily Final amount = $31100

Q: A person invests 9000 dollars in a bank. The bank pays 6.5% interest compounded daily. To the…

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Q: A person invests 8000 dollars in a bank. The bank pays 6.75% interest compounded quarterly. To the…

A: Given, Principal amount P = $8000 Final Value A = $10500 Rate of interest = 6.75% = 0.0675 n = 4 t…

Q: A person invests 8000 dollars in a bank. The bank pays 6.75% interest compounded quarterly. To the…

A: A = P1+r100nnt A = Future value of the money (in $) P = Present value of the money (in $) r = rate…

Q: A person invests 6500 dollars in a bank. The bank pays 4.75% interest compounded annually. To the…

A: First of all, consider the formula to calculate compound interest and the terms related to it.A =…

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Q: Use the present value formula to determine the amount to be invested now, or the present value…

A: We have to find the present value

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Q: Use the compound interest formula for compounding more than once a year to detennine the accumulated…

A: Given information Deposit amount P=$1300 APR r=6% Hence, r=6100=0.06 Since, APR is compounded…

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Q: A person invests 3000 dollars in a bank. The bank pays 5.75% interest compounded annually. To the…

A: Given:A person invests 3000 dollars at 5.75% interest compounded annually. The accumulated amount is…

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Q: Use the present value formula to determine the amount to be invested now, or the present value…

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

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Q: How much money will there be in an account at the end of 6 years if $6000 is deposited at 4%…

A: Given: P=6000 dollarsr=4%t=6 yearssemi−annually

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Q: New grandparents decide to invest $ 200 a month in an annuity for their grandchild. The account will…

A: given monthly invest P=$200 rate of interest R=5% compounded monthly, n=12 years T=21 we have to…

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Q: A person invests 3000 dollars in a bank. The bank pays 6% interest compounded quarterly. To the…

A: Given, P = Amount put in t= amount ot time in years % = growth rate f(t)= total f(t)=p(1+%)t 7700 =…

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Q: A bank account principal is 2,000 and accumulates yearly interest at 7 percent interest. Assuming…

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Q: YOu deposit $10000 in a bank that its annual interest rate is 8% compounded quarterly. What would…

A: We know that where,

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Q: Savings Plans On January 1, Kim places $1000 in a certificateof deposit that pays 6.8% compounded…

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Q: 60 Compound interest If $1000 is invested at a rate of 3.25% per year compounded quarterly, what is…

A: Topic = Algebra

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Q: A student opens a credit card and immediately maxes it out by putting $500 on it in order to pay for…

A: amount deposit = $500 interest rate = 25.99% compounded monthly time =12 months

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Q: Find the simple interest earned on a deposit of $5,750 that is left on 2. Three years after…

A: Q2

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Q: If 7000 dollars is invested in a bank account at an interest rate o 4 per cent per year, Find the…

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Q: Use the present value formula to determine the amount to be invested now, or the present value…

A: Answer: Compound intrest formula is given by A=P(1+rn)nt Where A- Future Value P= present value…

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Q: A $10,000 certificate of deposit earns interest of 8 percent per year, compounded Semiannually. Find…

A: Given: O=10,000 r=8% t=2 years n=2 Formula used: Coumpund =P1+r2nt total interest =total…

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Q: 40. Php 100 000 is deposited in a trust fund at an annual interest rate of 10%, compounded monthly.…

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Q: Use the present value formula to determine the amount to be invested now, or the present value…

A: Concept Used: Compound interest : A=P1+rnnt Where, P - The principal , amount invested A- The new…

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Q: A community outreach program wants to set up a scholarship fund for students who demonstrate…

A: Formula for compound interest is,Intererst=invested amount1+interest ratenumber of times interest…

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Q: A savings account starts with $231.25. After 8 years of continuous compounding at an interest rate,…

A: Here we find the interest rate for given problem.

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Q: How long will it take to save $12,000 by making deposits of $80 at the end of every month into an…

A: Let it takes n months to save $12000 by making deposits of $80 at the end of every month into an…

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Q: Mhat amount of money should be deposited today into an account that will earn 6.5% interest,…

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Q: Assume that we invest $3000 for one year in a savings account that pays an APR of 10% compounded…

A: Assume that we invest $3000 for one year in a savings account that pays an APR of 10% compounded…

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Q: A person invests $200 in an account that earns 3.82% annual interest compounded quarterly. Find when…

A: Apply compound interest formula Put all given values Then by comparison we find t

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Q: ou borrow $8,015 from your friend at an interest rate of 16% per year compounded quarterly. You…

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Q: Maya has savings of $50,000. She invests in a bond mutual fund that pays 4% interest each year.…

A: Given that, the savings amount is $50,000 , interest rate is 4% and time period is 20 years. Obtain…

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Q: An amount of $1500 is deposited for 6 years in an account that earns 7% interest. (Round your…

A: Given Principal amount, P=1500 Number of years, t=6 Rate of interest, r=7/100 Number of times…

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Q: Maya has savings of $60,000. She invests in a bond mutual fund that pays 4% interest each year.…

A: Given Maya has savings of $60,000 Rate of interest 4% time t = 10 years

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Q: If compound interest is paid twice a year, we say that the interest is compounded ______. If…

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Q: A person invests 4500 dollars in a bank. The bank pays 4.75% interest compounded semi-annually. To…

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Q: Suppose that $12000 is invested in a savings account paying 5% interest per year.(a) Write the…

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Q: A person invests $2860 for 15 years in an account that earns 4.6% annual interest. Match each…

A: compound interest formulaA =P1+rnnt where A = final amount P =initial amount r…

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Q: step by step please. was told this was using the compound interest formula

A: To calculate the value of the account after the given time period at the given rate of interest we…

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Q: You want to invest $1100 in an account and plan to leave it there for 11 years. There are three…

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Q: $4,000 is invested at 3% for 7 years. Find the amount of interest earned if interest is compounded…

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Q: 5,000 is deposited into an account paying 10% annual interest. Find the value after 20 years if the…

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Q: A state lottery commission pay the winner of the ‘million Dollar” lottery 20 annual installments of…

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Q: The account in the Indian bank pays a nominal annual interest rate of 5.2 % compounded monthly.…

A: Since you have not provided the amount of investment in the question. So, we are considering it as…

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Q: ents wish to have $100,000 available for a child's education. If the child is now 6 years old, how…

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Q: Find the compound interest and future value. Do not round intermediate steps. Round your answers to…

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