Question 14 If 100,000 php is deposited in a bank that grows 4% interest discretely, how much will it be in 5 years? A 12,166 php 121,665 php 122,140 php 1,000,000 php

Q: How much is $1000 worth at the end of 2 years, if the interest rate of 5% is compounded daily?…

A: We have to find the total amount.

Q: D Question #1 Determine how much is in the Account, if $5,000 is invested into a bank account for 3…

A: Since the student has posted multiple questions and does not mention any specific question, so we…

Q: If the nominal interest rate is 14.5% per year compounded weekly, the effective annual interest…

A:

Q: QUESTION 6 If you save $180 per month for retirement in an account that earns 6% interest per year,…

A: Given query is to find amount accumulated.

Q: Question 19. Find the balance on an account if you invest $ 407 at 3.9 % for 13 years compounded…

A:

Q: Question 8 You have $68,000 that will be invested in a Mutual fund that averages 5.3% annual rate of…

A:

Q: Question 1 of 13 Courtney took a loan of $8,400 from her parents to purchase equipment for her hair…

A:

Q: Question 4: At what rate of interest compounded semi-annually for 8 years will Rs. 3,150 amount to…

A: Let us consider the principal amount be P.  The amount will be A after t years at the rate of r% for…

Q: QUESTION 4. A rich guy puts $1,000,000 into a bank account that pays 7.3% annual interest,…

A:

Q: Question 14 > You would like to have $600,000 when you retire in 35 years. How much should you…

A: You would like to have $600,000 when you retire in 35 years  earn a rate of 5.8% compounded…

Q: If $10,000 is invested at an interest rate of 2% per year, compounded semiannually, find the value…

A:

Q: Find the final amount of money in an account if $4,500$4,500 is deposited at 6.5%6.5% interest…

A: Given

Q: Question 5 You have $2,000 on a credit card that charges a 18% interest rate. If you want to pay off…

A:

Q: Question 7 You deposit $6000 in an account earning 3% interest compounded monthly. How much will you…

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Q: If $4000 is borrowed at a rate of 5.75% interest per year, compounded quarterly, find the amount due…

A: Given data,  Principle amount = $4000 Rate of interest = 5.75% = 0.0575 Compounded quarterly Final…

Q: Question 2 Find the future value and interest earned when RM950 invested every three months for 3…

A:

Q: Question 9 of 9 A company currently owes $25,000 to a bank for a loan it took 3 years and 5 months…

A:

Q: Question 4 A certain appliance depot sells a new smart phone for 18,000 php. It offers the buyer…

A: Here we solve the given problem of emi.

Q: Question #3 Determine how much is in the Account, if $500 is invested into a bank account for 1…

A:

Q: Question 1: Steve decided to deposit $4,680 into a savings account with 6.5% interest, compounded…

A: Initial amount deposited is $4680 Rate of interest is 6.5% compounded quarterly number of years =7…

Q: QUESTION 10 If you have $51,000 in student loans at an interest rate of 3%, compounded monthly, what…

A: Solution:

Q: Chapter 9.4, Question 8 What single payment today would replace a payment of $5000 in one year and…

A:

Q: Question 1 of 14 If an investment grew to $13,000 in 3 years and the interest amount earned was…

A:

Q: How much must be deposited in an account to have annual withdrawals of $ 1500 forever? Interest is…

A: To find - How much must be deposited in an account to have annual withdrawals of $ 1500 forever?…

Q: You deposit $2000 in an account earning 2% interest compounded monthly. How much will you have in…

A:

Q: QUESTION 3. $4500 is deposited for 4.5 years in an account that pays 4.5% interest compounded…

A:

Q: QUESTION 1 If $7,000 is borrowed for 6 years at an annual simple interest rate of 8%, find the…

A: Principal amount $7000 Rate = 8% simple interest  Time = 6 years

Q: Assume $5000 is deposited in an account that pays 6% annual interest. How much more would be in the…

A: The answer as follows:

Q: Question zO1 4 What should be the balance in a Registered Retirement Income Fund (RRIF) that will…

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

Q: A MasterCard statement shows a balance of $560 at 13.9% compounded monthly. What monthly payment…

A:

Q: Question 18. Find the balance on an account if you invest $ 785 at 5.3% for 13 years compounded…

A:

Q: QUESTION 4 How much should you save in an account now so that you will have $90,000 in 6 years, if…

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Q: QUESTION 5 Alex deposits $1,200 in a savings account that pays %1.5 interest compounded monthly. How…

A:

Q: Question 13 Mr. Eugenio bought a house anddot at a cash value of 12,000,000.00 php. He made a down…

A: Solution...

Q: Question 11 of 14 Maroon Inc. currently owes a balance of $110,776.60 on a $52,000.00 loan. If the…

A:

Q: If $26,000.00 is invested in an account for 10 years. Find the value of the investment at the end of…

A:

Q: If you need to have at least $50,000 in 10 years, what is the smallest amount you need to deposit in…

A:

Q: Question 1 of 10 Calculate the amount of interest earned on a $12,500 investment made for 2 years at…

A: Given  Amount invested P = $12500 Rate of interest r = 3% Time = 2years

Q: Question 3 At what nominal interest rate compounded quarterly will a certain amount of money be…

A:

Q: Question 2 <. You deposit $4000 each year Into an account earning 7% Interest compounded annually.…

A: I have used the compound interest formula to the solve the problem

Q: Suppose you have a $2,000 savings bond that pays 6% interest annually that matures in 10 years.  How…

A: Solution

Q: Question 23 A father deposits 16,000 php in a trust fund for his son's education every six months…

A: Given:         Principal P=16,000 php        Rate of interest =12%=0.12            compounded…

Q: Question 20. Find the balance on an account if you invest $ 1,558 at 3.7% for 13 years using simple…

A: You invest $ 1,558 at 3.7% for 13 years. So let principal = P = $ 1,558. Rate of interest = R =…

Q: QUESTION 8 If you save $270 per quarter for retirement in an account that earns 8% interest per…

A: After 38 years interest.

Q: Question 2 The price of an item will increase by RM4 every month. If the current price is RM258,find…

A:

Q: Question 2 What is the present equivalent of 18,000S to be received by Mlkw in 15 years when…

A:

Q: Question 7 You deposit $2000 each year into an account earning 3% interest compounded annually. How…

A: Here we use the compound interest formulae.

Q: Question 3 is compounded quarterly. How much money is in the fund after We invest $7 into a fund…

A: This problem can be solved using compound interest formula.

Q: QUESTION 5 How much will you need to save per quarter to have $54,000 after 13 years, if your…

A: here we use compound interest formula 54000 = P(1+13/400)13*4 54000 = P(1+0.0325)52 54000 =…