O $30,000 is invested at 6% interest compounded quarterly, Using the formula A= P(1+)nt determine how much Is the Investment worth after 5 years,

Q: provided if necessary.)   Write the smallest possible whole number answer.

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Q: Bob invests $1500 at an annual rate of 2%. Find the balance after 10 years, when the interest is…

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Q: To find the amount A in an account after t years with principal P and an annual interest rate r (in…

A: Given: To find the amount A in an account after t years with principal P and an annual interest rate…

Q: P = $7500, r = 6% compounded monthly, t = 5 years

A: The amount after t years is A=P1+rnnt Where, P= principle amount              r= compound interest…

Q: Solve the problem. When invested at annual interest rate of 7%, the amount earned P11,200 of simple…

A: Given: Rate of interest r=7%Total Earned = 11200Time t=2 years

Q: Jeremy invested his savings in a bank at 5.00% compounded monthly. How much money did he invest to…

A: Solve the above question.

Q: A principal of $3700 is invested at 5% interest, compounded annually. How many years will it take to…

A: GIVEN: Principal amount = $3700 Interest rate = 5%

Q: Lincoln invested $440 in an account paying an interest rate of 5% compounded continuously. Robert…

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Q: $20,000 is invested at 3.5% interest compounded monthly. How long will it take for the investment to…

A: Given:Principal amount (P) = $20,000Final amount (A) = double the principal amountInterest rate (r)…

Q: A principal of $4700 is invested at 6.25% interest, compounded annually. How many years will it take…

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Q: O $30,000 is invested at 6% interest compounded quarterly, Using the formula A= P(1+E)nt de termine…

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Q: Use the formula A = P(1+ r)* to solve. Find the rate at which $15,000 compounded annually grows to…

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Q: lon Musk decides to invest in a new company. His investment earns 5.2% per year, compounded…

A: Formula for final amount (F) after interest copmpond is F=P1+rnnt hereP= initial principal amountr=…

Q: A man invests $5000 in an account that pays 8.5% interest per year, compounded quarterly.(a) Find…

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Q: f you invested $850 at 10% interest, compounded semiannually, then how much would this investment be…

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Q: $1500 at 7% compounded annually for 3 years, what's the total balance?

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Q: Pascal receives a financial gift from his grandparents, which he invests at an interest rate of 5.5%…

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Q: You invest at 7% interest, compounded monthly. How long does it take for your money to triple?

A: The compound interest formula is  A=P(1+r/n)nt ; Where, P= principal             r=interest rate…

Q: Investing In how many years will $40,000 investedat 8%, compounded annually, grow to $86,357?

A: Investing In how many years will $40,000 invested at 8%, compounded annually, grow to $86,357?…

Q: using the formula: a=p(1+(r/n))^(nt), determine how many years, to the nearest hundredth, it will…

A: We have  Principal investment, P = $30,000 Rate, r =1% interest compounded monthly We have to find…

Q: $20,000 is invested at 3.5% interest compounded monthly. How long will it take for the investment to…

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Q: You deposit $400 in an account earning 7% interest compounded annually. How much will you have in…

A: Given  Principal P=400 Rate of interest r=7% year t=10 number of compounded n=1 we know that…

Q: Matthew has $71,969 in a savings account that earns 15% annually. The interest is not compounded.…

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Q: The interest rate for an investment under $4000 is 5.25%, compounded monthly. a) If $3700 is…

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Q: Read question carefully

A: The compound interest formula ( if the interest is compounded on daily basis) is given by:

Q: $450 is invested at a monthly rate of 1% and is compounded monthly. What is the value of the…

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Q: Invested at 6% interest, ₱10,000 today would be worth approximately ₱20,000.00 in ___ years.

A: Given information Principal P=$10,000 Interest I=$20,000 Interest rate r=6% We have to fin the time.…

Q: Hui invested an amount of $22,000.00 in a mutual fund. After 2 years and 6 months the accumulated…

A: Here we find the interest rate.

Q: You have $1200 to invest in a bank account with an interest rate of 4.5%, compounded monthly. After…

A: P=$1200, r=4.5%=0.045, n=12 & A=$2100

Q: f 2000 dollars is invested in a bankaccount at an interest rate of 6 per cent per year, compounded…

A: 2000 dollars is invested in a bankaccount at an interest rate of 6 per cent per year, compounded…

Q: Alex invests 600 dollars at 9% interest compounded weekly. How long does it take to yield 700…

A: Given that Alex invests P=$600 at R=9% compounded weekly. Future value is A=$700 we have to find…

Q: A loan of 18,000 is made at 4.5% interest, compound annually. After how many years will the amount…

A: Given, Principal = p = 18,000Rate of interest = r = 4.5%  compounded annually Amount = A  ≥24, 000…

Q: Emily has saved $6,000 and wants to double her money in order to buy a new home. If she invests it…

A: Given P= $6000 r = 4.25% bimonthly

Q: Find the time required for an investment of $12,000 to grow to $26,000 at an annual interest rate of…

A: The formula for accumulated amount is given by, A=P1+rnnt where P is the principal, r is the rate of…

Q: T= 0,025 If you invest $10,400 in the United States, and the interest is compounded monthly, when,…

A: Given Principle value P =$10,400 Amount A=$20,000 Rate  of interest r=0.025 To find when the amount…

Q: When a principal amount, P, is Invested at an annual interest rate, r, and compounded n times per…

A: Given formula A=P1+rnnt Here, P= Principal amount r= rate of interest n= Compounded period t=time

Q: Use the formula A = P(1+ )" to find the total amount of money accumulated for an initial investment…

A: Given  Investment P = $600 Interest rate r = 8% compounded semiannually Times t = 9 years To find…

Q: Using the formula: ,  determine how many years, to the nearest hundredth, it will take to double…

A: Formula: A=P1+rnnt where A=The final amount P=Initial principal balance r=interest rate n=number of…

Q: Emily invested 315 at 3% compounded quarterly. How long will it take her to double her money? Show…

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Q: A man initially invested ​$800 in a savings account where interest is compounded annually. If after…

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Q: Rose invests $ 28,000 at 8 %/a,compounded semi-annually. What is the total amount of the interest…

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Q: Using the formula A=P(1+r/n)^nt, calculate the interest earned in 6 years on $865 deposited in an…

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Q: A principal of $1500 is invested at 3.75% interest, compounded annually. How many years will it take…

A: Principal Amount = P = 1500 $Interest rate = r = 3.75 %Amount = A = 2000 $We have to calculate the…

Q: What is the balance in a college fund after 20 years if $5000 was invested at 5% nt compounded…

A: The principle invested is P=$5000. The time period is 20 years. The rate of interest is 5% and it is…

Q: Greg invests $13,000 in an account that pays 5.5% interest per year, compounded quarterly. How much…

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Q: P=$500, r=9% compounded quarterly, t=7 years

A: Given, P=$500, rate of interest, r=9% , t=7 and it is compounded quarterly.

Q: Chris invests $10 000 at 7.2%/a compounded monthly. How long will it take for his investment to grow…

A: Give information A=$25,000 P=$10,000 r=7.2% compounded monthly ⇒r=7.2100=0.072 For compounded…

Q: Emily has saved $6,000 and wants to double her money in order to buy a new home. If she invests it…

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