ou deposit  $5000 in a bank that its interest rate is 5% simple annual interest ( note, no compounding, i.e. n=1).  What would the balance be after 10 years.

Q: You deposit $3,000 into a savings plan at the end of each year for three years. The interest rate is…

A: We have deposit amount is P=$3,000 Rate of interest = 5% = 0.05 Time = 3 years. Now, the value of…

Q: A couple invests $1000 in a trust fund each year on their childs birthday. They started the fund on…

A: Given: A couple invests $1000 in a trust fund each year on their Childs birthdayp0. The fund pays…

Q: 22. INHERITANCE Jessica Thompson inherited $80,000 and decided to put the money in one of two 4-year…

A:

Q: At the age of 29, to save for retirement, you decide to deposit $50 at the end of each month in an…

A: Given:  P=$50 , R=5% =0.05 N=12 , T=65-29=36 a we will use the  formula: A=P 1+rnnt-1rn

Q: You deposit $1580 in a savings account that offers a rate of 5% compounded annually. a.) Find the…

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Q: Find the simple interest earned on a deposit of $5,750 that is left on deposit for 3.5 years and…

A: As per bartleby expert policy, only one individual question is to be answered. Kindly repost the…

Q: A = P(1 +* Jay'den earned $475 from mowing lawns last summer. He deposited this money in an account…

A: The amount of money deposit in account is $475. The time period for the deposit amount is 15 years.…

Q: You deposit $10,000 in an account that pays 2.88% annual interest. Find the balance after 2 years…

A:

Q: landa deposits 10, 000 in a bank at the interest rate of 6% compounded annually. How much will…

A: (1)Ans:       P=10000,      r=6%     n= 3 year  amount after 3 year =  A = P(1+r/100))^n…

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…

Q: deposit $4000 in an account earning 2% interest compounded monthly. How much will you have in the…

A: Given that; Principal {p} = $ 4000 Rate (r) = 2%  Time = 10 years By using the compound interest…

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

A:

Q: You open a brand-new savings account January 1, 2021. every paycheck you earn you deposit $25 into a…

A:

Q: you deposit  $15000 in a bank that its interest rate is 3%  annual interest compounded annually (…

A:

Q: You deposit  $17000 in a bank that its interest rate is 8%  annual interest compounded quarterly…

A: Given that, P= 17000 r = 8% Snnndndnssndnndndd

Q: You deposit $4000 in an account earning 7% interest compounded monthly. How much will you have in…

A: Given that P =4000 r = 7% = 0.07 t = number of years = 15 n= number of compounding =12

Q: You deposit $1600 in a bank account that pays 2.5% annual interest compounde monthly. Find the…

A:

Q: You deposit $3000 in an account earning 8% interest compounded monthly. How much will you have in…

A:

Q: Sonny invests $8,000 into an account earning 7.5%.  He leaves it there for 5 years.  What is Sonny’s…

A: Topic= Algebra

Q: Finance. Suppose that $6,000 is invested at 5.2% annual interest rate, compounded monthly. How much…

A:

Q: Zero-Coupon Bonds How much should a $10,000 face-value, zero-coupon bond, maturing in 10 years, be…

A:

Q: a. Bank Nizwa offers a saving account at the rate 20% simple interest. If you deposit RO 592 in this…

A:

Q: /hich represents the lowest interest that would be paid? Interest Rate of 8% with a Weekly…

A: We asked to find which is lowest interest that would be paid

Q: a. Bank Nizwa offers a saving account at the rate 21% simple interest. If you deposit RO 955 in this…

A:

Q: A 529 Plan is a college-savings plan that allows relatives to invest money to pay for a child's…

A: The account to grow to $36,000 over 19 years.earn 2% compounded quartely

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

A: We know that where,

Q: Finding investment time If Juanita invests $1500 in a retirement account that earns 8% compounded…

A: To find the investment time.

Q: nd the simple interest earned on a deposit of $5,750 that is left on deposit for 3.5 years and earns…

A: Given Present value P=$5750 Time ,t=3.5 years Rate,r=4.5%=0.045 per year

Q: You deposit $5000 in an account earning 5% interest compounded monthly. How much will you have in…

A: Given: The principal amount is P = $ 5000. Rate of interest is r = 5%. The number of times the…

Q: deposit

A: Please refer to the image below j

Q: You deposit money into an account paying 9% annual interest compounded monthly. You need the account…

A:

Q: low much interest are you going to pay after 45 days if you borrowed 50,000.00 in a lending vestor…

A:

Q: You deposit $2000 in an account earning 4% interest compounded quarterly. How much will you have in…

A:

Q: .Navdeep is saving money for his next trip after the pandemic is over. He invests $1700 at an…

A: Compound interest is the addition of interest to the principal sum of a loan or deposit.

Q: You deposit $4000 at the end of each year into an account earning 7% interest compounded annually.…

A: Given,  Principal = p =  $ 4000  Rate of interest =r =  7 % compounded annually Time period = t = 30…

Q: How much money can you afford for a loan if you know you are going to pay $80 each month for 19…

A: The formula to calculate the equal monthly installments (EMI) that is the equal monthly installment…

Q: would like to have $600,000 when you retire in 25 years. How much should you invest each quarter if…

A:

Q: 3. You deposit $1200 in an account that pays 5% annual interest. After 10 years, you withdraw the…

A: You deposit $1200 in an account that pays 5% annual interest. After 10 years, you withdraw the…

Q: You deposit $4000 in an account earning 2% interest compounded monthly. How much will you have in…

A: From the provided information FV=P*((1+r)n-1r)FV=4000*((1-0.02)5-10.02)FV=20816

Q: nance. A person wishes to have $27,100 cash for a new car 4 years from now. How much should be…

A:

Q: 5) $5.000 is invested at 6% for 10 years. Find the amount of interest earned if interest is…

A:

Q: Parents wish to have $140,000 available for a child's education. If the child is now 8 years old,…

A: Let's find amount that should be set aside.

Q: Videotech specializes in online security software development. It wants to have $94 million…

A:

Q: lynn deposits $683.09 at the beginning of each quarter for three years in order to accumulate…

A: Given Periodic contribution, P=$683.09 Sinking fund, A=$9500.60 Time period, t=12 Quarters

Q: Starting at age 30 and at the end of each month, you invest $540 into a retirement IRA. The IRA…

A: Given : Starting at age 30 and at the end of each month, you invest $540 into a retirement IRA. The…

Q: balance of 5000 $. f he does not make a withdvaual or deposit how much money will be in ricks…

A: We will find the final amount.

Q: invest $15,000 at 5.5% interest compounded monthly for 12 years. How much will you have accumulated…

A: Given that there is a investment $15,000 at 5.5% interest compounded monthly for 12 years.

Q: the yearly 2. How much will be in an account after 10 years if it is compounded 4 times per year,…

A: The principal amount is $100, compounded 4 times per year, the yearly interest rate 3%

Q: You deposit $4000 in an account earning 4% interest compounded quarterly. How much will you have in…

A:

Q: Investments Suppose $3000 is invested in anaccount that pays 6% interest, compounded monthly.What is…

A: Here we have,  Present value (PV)=$3000 Interest rate r =6%=6100 compounded mounthly time t=12 years…