Phyllis invested $9,000, a portion earning a simple interes

Q: Walter is investing $5,000in an account paying 6.75 percent annually for three years. What is the…

A: Principal invested, P = $ 5,000Interest rate, R = 6.75%Time, T = 3 yearsAs a first step, we will…

Q: Susan lends RM3,000 to Mary at 10% p.a. and then Mary lends the same sum to Maria at 12% p. a. Find…

A: Amount of transaction (P) = RM 3000 Susan interest rate  (r1) = 10% Maria interest rate (r2) = 12%…

Q: what is the future value of his investment cash flows at the end of three years? (Round to two…

A: Future value means the value of the assets at a specified time in future. It is very important for…

Q: Mrs Smith invests R25 000,00 in an account earning 7,5% interest per year, compounded weekly. After…

A: given. r = 7.5% m=52 ( compounded weekly) pv = 25000 fv = 25000 x 2 = 50,000

Q: Kate invested $1,200 4 years ago at 7% per year for 7 years. 2 years ago, she invested $2,000 at…

A: Here, Details of First Investment are as follows: Investment Amount is $1,200 Investment made 4…

Q: Ms. Walsh invested $35,000 in two accounts. one yielding 8% interest and the other yielding 9%. if…

A: Interest rate in account 1 (r1) = 8% Interest rate in account 2 (r2) = 9% Period (t) = 1 year Total…

Q: Ethan invested $2,200 at the beginning of every 6 months in an RRSP for 11 years. For the first 8…

A: Accumulated amount includes the amount of principal amount deposited and plus interest amount…

Q: Abigail invested $1,700 at the beginning of every 6 months in an RRSP for 11 years. For the first 7…

A:

Q: Sarah deposited $26,500 into a fund at the beginning of every quarter for 16 years. He then stopped…

A: Compound interest= p*(1+r%/n)^tn A.)  Around $358903 stacked up at the end of 16th year.

Q: Jessica invests $4500 today and another $1,000 a year from now until 5 years. She also increases her…

A: Investment in year 0 = 4500 for 10 years Investment in year 1 = 1000 for 9 years Investment in year…

Q: eila borrowed PhP 60,000 with an interest of 3% from her collegue on January 15 and then she agreed…

A: Simple interest is the interest calculated on the principal portion of a loan.

Q: Susan Myer had invested $2500 in an ABC bank Certificate of Deposit when she inherited trust funds…

A: Calculation of Compound Interest Rate per monthly   Formula  r = n[(A/P)1/nt-1] Where r = Annual…

Q: Jasmine invested a certain amount in a bank compounded semi-anually. The bank told her that the…

A: First  we need to calculate the interest rate. Given,  Amount will be doubled in 5 years and it is…

Q: deem invested $800 in an account that pays 4.25% interest compounded annually. Assuming no deposits…

A: Future value of money includes the original deposit and compound interest on the money.

Q: April receives $50 every six months in interest income from her bond investment. She paid $900 for…

A: Tax: Tax is a financial charge imposed by the county's government on the income of the person, and…

Q: Yoko invested s4000 in a fund for 2 years and was paid simple interest. The total interest that she…

A: Investment (P) = $4000 Period (T) = 2 Years Interest amount (I) = $400

Q: Shannon invested $1,900 at the beginning of every 6 months in an RRSP for 11 years. For the first 8…

A: Amount invested every 6 month is $1,900 Time period is 11 years Mode of payment is Beginning of…

Q: Mr. Chua invest 45,000 into two different accounts which pay 7% and 8% annual interest. If he earned…

A: solution  the rate of interest = 7% and 8% total amount invested =45000 we need to find out the…

Q: llaine invested Php 50,000 in a bond fund for 3 years that pay 2.75% annually.  If interest will be…

A: The bonds are paid coupon payment each period but there is withholding tax to be paid on the coupon…

Q: Cardo invested a certain amount at 20% simple interest per year. After 8 years, the interest she…

A: solution concept under simple interest the interest is calculated on the principal amount only .…

Q: Imagine that Homer Simpson actually invested the ​$160,000 he earned providing Mr. Burns…

A: Future Value: The future value is the amount that will be received at the end of a certain period.…

Q: Ryan invests $4400 in two different accounts, the first account paid 8%, the second account paid…

A: The simple interest is calculated by multiplying interest rate by principal amount for a certain…

Q: Brian opened an RRSP account and deposited $3,300 into it. He then deposited $800 at the end of the…

A:

Q: Frank invests $ 2500 dollars into an account earning interest compounded quarterly. After 13 years…

A: Future Value = Present Value * (1+r)^n Where, r =rate per period n = no. of compounding period i.e.…

Q: For 13 years, Janet saved $250 at the beginning of every month in a fund that earned 4.5% compounded…

A: Compounding is a method of charging interest in which Interest is charged on the amount including…

Q: Maria invested part of her P800,000.00 in an investment earning 12% per annum while the remaining at…

A: Solution:- When an amount is invested somewhere, it earns some interest on it and that’s why every…

Q: Margaret M. withdrew $630,315 from an account into which she had invested $350,000. If the account…

A: FV= $630,315 PV= $350,000 Interest at 4% per year Time period= ?

Q: Phyllis invested $7,500, a portion earning a simple interest rate of 4 1/5 % per year and the rest…

A: Simple Interest = Investment * Rate * Period

Q: Meagan invests $1,200 each year in an IRA for 12 years in an account that earned 5% compounded…

A: The amount deposited each year = $1200 Interest Rate = 5% Compounded annually Years = 12 1st We need…

Q: Bruno deposited $7,500 into an investment account and seven years later, the balance in the account…

A: The rate of return earned on the account can be computed by using the concept of time value of money

Q: Phyllis invested 49000 dollars, a portion earning a simple interest rate of 4 percent per year and…

A: Given, Amount invested is $49000 Interest earned on both the investments is $2320

Q: oney for her two years old child education in the amount of fifty thousand pesos at the rate of 10…

A: Given information : Current age of kid 2 Initial investment made 50000 Interest rate 10.50%…

Q: Lydia bought a rental house for $500,000. She rented it for 5 years at $2,700/month. At the end of…

A: The average annual rate of return is the rate of return an investment generates over its initial…

Q: Stacey deposits $ 4500 at the end of each year for 30 years into an investment fund which pays out…

A: Reinvestment is the practice of using dividends, interest, or any other form of the income…

Q: Alice Adams invests $3,000 at 9% compounded semiannually for 8 years. a)How much will she have after…

A: Investment amount (PV) = $3000 Annual interest rate = 9% Semi annual interest rate (r) = 9%/2 = 4.5%…

Q: Judy was givin $3000 to invest that would last 8 years. $1050 earned exponentially at a rate of 3.2%…

A:

Q: Mr. Mañalac invested P 100,000 to a certain business which earns P 10,000 every 2 months for 10…

A: calculation of simple interest rate are as follows

Q: Suppose Brianna invests $1300 each year for 5 years, in annuity that pays 6% annual interest,…

A: Future value of annuity  = P * [ (1+r)^n  - 1 ] /r  Where, P = 1300 r = 6% n = 5 years

Q: Travis invested $8000 in an account that pays 4 percent simple interest. How much more could he have…

A: Investment = 8000 Simple Interest Rate = 4% N = 7

Q: Melanie invests a total of $7,000 in two accounts paying 6% and 7% annual interest, respectively.…

A: A given sum of money can be invested in various sources to achieve maximum returns.

Q: James invested the profit of his business in an investment fund that was earning 2.25% compounded…

A: The return of 2.25% generated from investment fund is compounding whereas withdrawals are made after…

Q: Jacob invested the profit of his business in an investment fund that was earning 3.75% compounded…

A: Using excel PV function

Q: Annette has just inherited $180,000. She invests this money at a rate of return of 6.47% per year…

A: Given: Present value $180,000 Rate 6.47% Another annuity $2,851 Years 20 Compounding…

Q: Melanie invests a total of $27,500 in two accounts paying 2% and 14% annual interest, respectively.…

A: Total investment = $27,500 First account interest rate = 0.02 Second account interest rate = 0.14…

Q: Diana invested $1,025 at the end of every month into an investment fund that was earning interest at…

A: Future value of ordinary annuity computes the total amount of periodic payments at a certain time…

Q: Investments Phyllis invested $12,000, a portion earning a sim- ple interest rate of 4% per year and…

A: Return on capital computes how much amount business generates by using funds of capital providers.