P7500 is deposited in a savings account at 6.5% rate of interest compounded quarterly for 25 years. Determine the accumulated sum. (whole number)

Q: 5. $8000 is deposited at a bank account that pays 3% interest compounded monthly. How much will the…

A: Explanation of the answer is as follows

Q: A $2200 bond earns 9.3% compounded monthly for 9 years. Determine the amount of the investment at…

A: A $2200 bond earns 9.3% compounded monthly for 9 years.

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

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Q: A deposit of Php 1,000/month in a bank giving 6% interest compounded monthly for two years. He…

A:

Q: The all - new Vespa Sprint 150 is sold at a cash price of 205,000 php. Johnny acquired his unit at a…

A: topic - application of geometric progression

Q: Determine the amount of a $600 Guaranteed Investment Certificate (GIC) earning 6.4% compounded…

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Q: Calculate the amount of simple interest earned. $6,000 at 6% for 8 years

A: The formula to calculate simple interest is = (principal) *(rate) *(time) /100

Q: You deposit $1000, and it grows to $1,500 in 5 years.  What is your total return? Total Return =…

A: given deposit = $1000 total balance after 5 years = $1500

Q: $ 9000 loan is to be paid in 3 years at 3.6% compound interest per year, the accrued interest and…

A: =>Total amount of money to pay off the loan = Total payment at the end of first year +Total…

Q: Jill plans to put her money worth PhP 455,316 in a time deposit paying 2.32% compounded monthly for…

A: This question is related to Compound Interest,  we will solve it using given information.

Q: Yoy deposit $200 each month in an account earning 3% interest compounded monthly. How much total…

A: Given that $200 deposited each month in an account and earning 3% interest compounded monthly.

Q: Calculate the amount of simple interest earned $1269 at 7.27% for 4 years. Round to the nearest…

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Q: On January 1, 2022, Marites deposited P15,000 in a bank that offered 2.5% annual interest compounded…

A: Given that, Amount deposited on January 1, 2022 = 15000 rate (r) = 2.5% compounded monthly, So, n=12…

Q: A company purchased an asset for P10,000.00 and plans to keep it for 20 years. If the salvage value…

A: Please check step 2 for the solution.!

Q: A man deposited P5,000 on the date his son celebrated his 1st birthday. If money is worth 10%…

A: Amount deposit (P) = 5000  Interest rate = 10%  Time = 20 years (compounded semi-annually)

Q: Mittola just won $383,000 in a state lottery. He invests it in an annuity earning 47% interest in…

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Q: APPLIANCES LOAN Cash Price: PhP 21,562 Down payment: 0% How much must be paid monthly for 3 years to…

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Q: A deposit of Php 21,500 earn 6% interest compounded quarterly. How much money is in the bank after 6…

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Q: Quarterly payment of Php 3,600 for 4 years with interest rate of 1.5% compounded quarterly. Find the…

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Q: Calculate the amount of simple interest earned. $1,000 at 6% for 6 years

A: Ans#-  Given , p = $1000                         Rate r = 6%                         Time = 6 years…

Q: A woman deposit $290 of her quarterly checks into an annuity for the education of her child. She…

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Q: Ahmad earned $475 last summer. He deposited this money in an account that pays an interest rate of…

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Q: Jessica invests $250 each quarter in an ordinary annuity with a 5% interest rate compounded…

A: Given: Jessica invests $250 each quarter in an ordinary annuity with a 5% interest rate compounded…

Q: Brent deposits P25 000 on August 13, 2020 and had deposited the same amount on the same date every…

A: Given that: Brent deposits P25000 on Aug 13, 2020 and had deposited the same amount on the same date…

Q: eric invests $765.13 each month in an ordinary annuity paying 12% interests compounded monthly. find…

A: The general formula that gives the future value of the investment is  A=R1+in-1i where R is periodic…

Q: An interest –in-advance collected from an amount of P85, 500 borrowed for 450 days and discount rate…

A:

Q: Suppose you invest $3420 in an account that earns simple interest at an APR of 2.7%.Determine the…

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Q: Alex deposits $6,000 at the end of each year for 12 years in an account paying 6% interest…

A: Use compound interest formula.

Q: You deposit $450 at the end of every month for four years, at a nominal annual rate of 8.5%…

A: The payment when made at the end of month is referred to as Annuity due. The future value of such…

Q: Alex makes deposits of $270 every month for 3 years into a savings account earning 2.5% compounded…

A: Given: Deposit amount, P=$ 270 Time period, t =3 years Interest rate, r = 2.5 % Compounded…

Q: Calculate the amount of simple interest earned $1411 at 7.36% for 3 years. Round to the nearest…

A: Formulae to find simple interest;Simple interest, S.I = P×r×tFinal amount, A = P + P×r×t = P×(1 +…

Q: Robert borrowed Php 57,000 from a lending institution that charges 2.5% compounded every 4 months.…

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Q: jerome invests p1400 semiannually at 8% for nine years,determine the cash value of annuity due at…

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Q: City Wide Delivery Service uses vans costing $24,800 each. How much will the have to invest today to…

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Q: #4: On the day you were born your grandmother put $10,000 in a bank account for you that earned 5%…

A: Formula: A=P1+r100t where A= Final amount P= Initial amount r= Interest rate t= Time (In years)

Q: To help pay for a class trip at the end of their senior​ year, the junior class at a high school…

A: Given information:Principal amount (P)= $1700Rate of interest (r)= 4.9% = 0.049Compounded monthly…

Q: a) Sara deposited RM2,800 in an account when she was 15 years old. The simple interest rate offered…

A: Given problem Given that   a) Sara deposited RM2,800 in an account when she was 15 years old.…

Q: ompute the amount of annuity due.

A:

Q: You deposited $900 into a savings account paying 2% compounded quarterly. Two years later, you…

A: Given:  You deposited $900 into a savings account paying 2% compounded quarterly. Two years later,…

Q: Discount P264, 000 for 2.75 years converted quarterly at 10.64%

A:

Q: 2. On January 1, 2022, Marites deposited P15,000 in a bank that offered 2.5% annual interest…

A: time from 1 jan 2022 to 1 april 2022 = 3months= 0.25 years so we calculate inerest of 3 months…

Q: Peter opens a bank account with $ 12,800. The interest rate is 7% % compounded quarterly. Calculate…

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Q: Chunong ngo borrows 2400 from a bank that advertises a 7% simple interest rate and repays the loan…

A: Let the given values as Principle, P=2400 Number of repayments = 4 Simple interest rate, r=7% Use…

Q: Ryan deposited ₱ 25,000 in a saving bank on Jan. 13, 2013. At that time the bank was paying 4%…

A: Given: Deposited amount = ₱ 25,000 Rate of interest till July 12, 2015 = 4 % compounded quarterly…

Q: Carla saves RM7.000 into an account that paid 5% compounded semi-annually. Five years later, she…

A: Carla saves RM7.000 into an account that paid 5% compounded semi-annually. Five years later, she…

Q: Peter lent $2,860 at a simple interest rate of 3.75% p.a. to his friend on September 08, 2020.…

A: This question involves concept of simple Interest. Simple Interest The interest rate is multiplied…

Q: Discount

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Q: A loan worth $5600 collect simple interest each year for 12 years. At the end of the time, a total…

A: The full form of APR is annual percentage rate which is annual rate of interest charged on loan.

Q: ong deposited an amount of Php10 000 in a bank that pays 4% annual interest compounded monthly. How…

A: Given that: Money deposited, P0=10000 Php                     Rate of interest, r=4%…

Q: Jill plans to put her money worth PhP 463,349 in a time deposit paying 2.27% compounded monthly for…

A: