Please make sure the answer is correct 100% Question1: A principal amount $1500 (P) is invested for five years at the nominal interest rate of 7 %. a) Calculate both the compounded amount (S) and the compound interest(S-P),compounded semiannually. b) Calculate both the compounded amount (S) and the compound interest(S-P),compounded quarterly. c) Which one from above is more profitable

a.) What will an investment of 30 000 Euros at 5.6% p.a. interest compounded annually amount to after 4 years. b.) How much of this is interest?

$3,000 is invested for 18 months compounded at the interest rate of 0.75% every month. Give your answer correct to the nearest cent, wherever necessary. a. Calculate the final value of this investmentb. What is the increase in value obtained in part (a) as against investing the same amount for same time at same rate but at simple interest.

Keeler's Fabrication sets aside ​$4900.00 at the beginning of every three months in a fund to replace equipment. If interest is 10% compounded annually, how much will be in the fund after 9 ​years?

Jordan invested money in an account that paid interest of 8% per year, compounded semi-annually, for 6 years. At the end of the 6 years, he has a total of $24015.48.a)What was Jordan’s initial investment?b)How much interest was paid?c)What approximate annual interest rate would have been needed for the same present value and future value, if interest had been paid monthly instead of semi-annually?

At graduation, you have a student loan of $18,000. The loan has a fixed annual interest rate of 6.8%, compounded monthly, for 10 years. What will your monthly payments be? (Enter numeric answers to 2 decimal places.)

A loan of $9600 is repaid in 4 years and 3 months with $587 payments at the end of every three months. What is the nominal annual rate, compounded monthly, on this loan? ( calculate IY) Select one: a.22.530742% b.1.732114% c.0.859342% d.2.579873%

a) Find the amount P that needs to be invested at a rate of 5% compounded quarterly for 6 years to give a final amount of $2000.