Question 4 If $16,000 is invested at 8% for 12 years, find the future value i. semiannually. Please round the answer to the nearest cent. The future value is $ 41012.08

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: Question 23 A debt is repaid by payments of 9,000 php made at the end of every quarter for 2.5 years…

A: NOTE: Refresh your page if you can't see any equations. . here payment frequency is quarterly and…

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

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Q: Question 14 If 100,000 php is deposited in a bank that grows 4% interest discretely, how much will…

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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: Find the future value of each deposit if the account pays (a) simple interest, and (b) interest…

A: When the interest is simple, then the formula used is A=P(1+rt) , where, A is the final amount, P is…

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

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

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Q: Use the formula for computing future value using compound interest to determine the value of an…

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Q: If $16,000 is invested at 8% for 12 years, find the future value if the interest is compounded…

A: Given that:    Principal amount invested, P = $16000                      Rate of interest, r=8% =…

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 $16,000 is invested at 10% for 20 years, find the future value if the interest is compounded…

A: Solution: The objective is to find the future value

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

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

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Q: QUESTION 2 Mei has taken out a $95,000 mortgage that has an interest rate of 4.7%. If the loan is…

A: Given:Loan amount = $95,000 , Time = 15 years , Annual interest rate = 4.7%

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

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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: Steve decided to deposit $6,800 into a savings account with 5.45% interest, compounded semiannually.…

A: Given: P = $6800 r = 5.45% compounded semi-annually n = 6 years Formula Used: A = P1+rk×100nk

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

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

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

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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: If $16,000 is invested at 8% for 12 years, find the future value if the interest is compounded…

A: Given that  If $16,000 is invested at 8% for 12 years To find the future value if the interest is…

Q: QUESTION 3 Three years ago, Pete took out a loan of $55,000. The loan was taken out for 10 years…

A: Three years ago, Pete took a loan of $55,000. The loan was taken out for 10 years with an interest…

Q: A principal earns 9% per year simple interest. How long will it take for the future value to double?…

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Q: If $16,000 is invested at 8% for 12 years, found the future value if the interest is compounded semi…

A: We are given that 16000 dollars is invested at 8% for 12 years compounded semi-annually. We are…

Q: Find the amount that should be set aside today to yield the desired future amount.   Future amount…

A: Given that  Future amount needed Interest rate Compounding period Investment time…

Q: Question 3 of 12 The interest rate on a GIC is 4.25% compounded quarterly. What is the purchase…

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

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Q: Find the future value, using the future value formula and a calculator. (Round your answer to the…

A: FV = P(1+TR)

Q: Question 6 You owe $19,000 on student loans at an interest rate of 5.8% compounded monthly. You want…

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Q: Find the future value of each deposit if the account pays (a) simple interest, and (b) interest…

A: We have to find the future value of each deposit if the account pays: a Simple interest: We can…

Q: Find the future value, using the future value formula and a calculator. (Round your answer to the…

A: Future Value: The future  value formula is given by FV=P1+rt where P is the principle, r is the…

Q: Given Problem: A woman has deposited Php 60,000 in a savings account. Bank pays an interest at a…

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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: Find the future value, using the future value formula and a calculator. (Round your answer to the…

A: Introduction: Suppose P is a principal and r% is the rate of simple interest for t years. Then, the…

Q: QUESTION 8 Dedrick puts $250 into an account every month that pays 5.25% interest, compounded…

A: Solve for A

Q: Find the future value, using the future value formula and a calculator. (Round your answer to the…

A: Given Information -  Present value (PV) = $150 Rate of interest (R) = 634% = 274% Time period (T) =…

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: Question 9 of 15 Raul inherited $3,100.00 from his grandmother. He wants to use the money to take…

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Q: Use the formula for computing future value using compound interest to determine the value of an…

A: Monthly interest rate and future value will be calculated using the formula,

Q: Use the formula for computing future value using compound interest to determine the value of an…

A:

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: What are the future value and the interest earned if $4000 is invested for 3 years at 8% compounded…

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Q: Use the future value for FV = 10,000; i = 0.0

A: Given,FV=10,000i=0.05PMT=500n=?

Q: Use the formula for computing future value using compound interest to determine the value of an…

A:

Q: Question 1 of 8 An investor purchased a 97-day, Government of Canada T-bill that had a simple…

A: We have to find the price value

Q: Find the future value, using the future value formula and a calculator. (Round your answer to the…

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.