peso fund that pays 1% interest compounded annually. How much should he deposit if he wants to have 100,000 php on his daughter's 18th birthday? A 99,009.90 php B 89,143.153 php 89,632.37 php D 83,601.73 php

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A: Given query is to find the principal of 4t installment.

Q: You deposit $600 in an account earning 3% interest compounded annually. How much will you have in…

A: Here I am attaching image so that you understand each and every step.

Q: Kenneth wants to have PhP 5,000,000 in his account when he retires in 25 years. The retirement…

A: Annuity Formula: PN=d((1+rk)Nk−1)(rk) PN is the balance in the account after N years. d is the…

Q: Suppose you want to have $600,000 for retirement in 25 years. Your account earns 10% interest. a)…

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Q: A person borrowed 1,600,000 php for the purchase of a car. If his monthly payment is 34,500 php on a…

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Q: You deposit $100 each month into an account earning 7% interest compounded monthly. Round to the…

A: NOTE: Refresh your page if you can't see any equations. . here we have PMT=100 r=7%=0.07 n=12 for…

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Q: Jessica ANarado Raul inherited $3,500.00 from his grandmother. He wants to use the money to take his…

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Q: A house and lot has a selling price of PhP 1,960,000. A client made a down payment of PhP 460,000…

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Q: ou deposit $290 each quarter into an account earning 3.6% interest compounded quarterly. a) How…

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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: Mario invested $6,000 in an account that pays 5% annual interest compounded annually. Using the…

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Q: MIKE DEPOSITED ON MARCH 12, 2020 AT 10.5% SIMPLE INTEREST. ON SEPTEMBER 8, THE FUND ACCUMULATED TO…

A: Given- Mike deposited on March 12, 2020 at 10.5% simple interest. On September 8, the fund…

Q: Ed puts PhP 45,000 into an account to use for future expenses. The account earns 13%, compounded…

A: Topic = Algebra    Formula for compound interestA=P1+rnntA=Final amountP=Principalt=timer=interest…

Q: Henry wants to buy a new gaming laptop worth 84,000 php. He is offered 40% of the price as down…

A: Let's find.

Q: You deposit $100 each month into an account earning 2% interest compounded monthly. a) How much will…

A: The details solution is given below

Q: Pat borrowed $2,000 to help Pay college expenses. The interest rat was 8% annually, and she will…

A: P = 2000 r = 8% annually t = 6

Q: Dr. Grant borrowed money from his friend with simple interest of 12 %, find the present worth of P…

A: Future Amount (F) = P50,000 interest rate (i) =12% number of months (n)= 9 months

Q: Mr. Sonny applied for a 250,000 php loan. He plans to pay for this loan annually at 8% per annum for…

A: Given that, Mr. Sonny applied for a 250,000 php loan. He plans to pay for this loan annually at 8%…

Q: Dobby borrowed $5,000 to start a foundation for recently freed house elves. He gets a 3.25% interest…

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Q: Determine the simple interest. p=587, r=0.045% per day, t=2 months

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Q: On the 7th birthday of Dane's daughter, he deposited an amount in a bank peso fund that pays 1%…

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Q: Suppose you want to have $700,000 for retirement in 35 years. Your account earns 10% interest. a)…

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Q: You deposit $500 each month Into an account earning 5% Interest compounded monthly. a) How much will…

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Q: You deposit $200 each month into an account earning 2% interest compounded monthly. a) How much…

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Q: A $2,500 bond earns 4.5% simple annual interest. How much is the bond worth after 18 months?

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Q: Shyna borrowed Php. 35,000 with an annual interest of 6%. How much would be the interest? a. 2,100…

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Q: Maritess bought a television set using her credit card with monthly payment of 1,200 php at 3%…

A: topic - application of geometric progression

Q: Suppose you want to have $700,000 for retirement in 25 years. Your account earns 10% interest. a)…

A: The objectives are: a) How much would one need to deposit in the account each month?b) How much…

Q: Mike deposited on March 12, 2020 at 10.5% simple interest. On September 8, 2020, the fund…

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Q: Luka bought a villa in an exclusive neighborhood at the southern part of the country. He agreed to…

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Q: Reina borrowed 1,200,000Php for the purchase of the car. If her monthly payment is 31,000Php or a…

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Q: 4% simple interest

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Q: You deposit $430 each month into an account earning 4.8% interest compounded monthly. a) How much…

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Q: Marcos's savings account has a balance of $ 4,643. After 25 years, how much will your profit be at…

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Q: You deposit $300 each month into an account earning 4% interest compounded monthly. Round to the…

A: a) P=$300 r=0.04 n=12 t=20 So,

Q: You deposit Php 5,000 into an account paying 8.5% annual interest compounded monthly. a. how much…

A: We can solve the given problem using concept of compound interest.

Q: Ernie Rolph deposits ​$7150 at 4​% for 1 year. How much interest will he​ earn? What is the account…

A: Given query is to find the amount after 1 year.

Q: Goran borrowed $5000 from a lender that charged simple interest at an annual rate of 9%. When Goran…

A: Solution ) P = $5000,  R = 9% , SI = $2250 formula  Simple interest = ( P × R × T) /100…

Q: Laura invests $2,000 in a bank account which pays a compound interest rate of 6.4%. To the nearest…

A: Given that Amount of money Laura invested = $2000 Compound Interest rate = 6.4%  To calculate the…

Q: Tommy deposited Php45,000 on September 6, 2012 in an account that pays 7% interest compounded…

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Q: A laptop was bought for 10,000 php plus a monthly installment of 4,500 php scheduled to be paid at…

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Q: Winston deposited $3,294 in a bank account with interest rate 2.6%. How much interest was earned in…

A: Simple interest: Deposit amount is . Interest rate is. Find the interest that earned in 5 years.…

Q: Mary took out a loan for $46,000 for her daughter's wedding. She can borrow the money from a bank…

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Q: Michelle invests in a savings account that pays 5% interest compounded monthly. What is the APY…

A: we know that  APY = 1+rnn-1