Question 8 You have $68,000 that will be invested in a Mutual fund that averages 5.3% annual rate of return for 20 years. How much will the value be worth in 20 years? Round to the nearest cent

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 4 If $16,000 is invested at 8% for 12 years, find the future value i. semiannually. Please…

A:

Q: Question 3 of 4 What single payment today would replace a payment of $2,550 in 2 years and a payment…

A:

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

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 3 If an account starts with $17,000 and earns 5% interest per year, compounded quarterly,…

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 3 of 13 Jordan received a loan of $7,600 at 5.25% compounded monthly. He settled the loan…

A: Solution ::

Q: QUESTION 31 Find the annual percentage yield (APY). A bank offers an APR of 4.25% compounded…

A: A bank offers APR of 4.25% that is compounded quarterly. To find the annual percentage yield APY:…

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: 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…

A:

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 14 Find the effective yield of an investment that earns 3.9% compounded weekly. round to…

A: Given that An effective yield of an investment that earns 1.9% compounded weekly.

Q: If $20,000 is invested at an interest rate of 2% per year, compounded semiannually, find the value…

A:

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 #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: You purchased 300 shares of a non-dividend paying stock at $50.00 per share using 50% margin at a…

A: You purchased 300 shares of a non-dividend paying stock at $50.00 per share using 50% margin at a…

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

A: Solution:

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

A:

Q: Question 1 You have $500,000 saved for retirement. Your account earns 7% interest. How much will you…

A: The given data is: Present value is $500,000 Interest rate 7% per month r=0.07 Since withdrawing…

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: 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: Question 3 Nkechi has $8,000 that she wants to invest. Her bank has several investment accounts to…

A:

Q: Question 8: Gagan Airlines bought office equipment for $8,000 that has an estimated life 8f Five…

A:

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

A:

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

A:

Q: If $20,000 is invested at an interest rate of 2% per year, compounded semiannually, find the value…

A: Here the given  Principle amount P=$20,000 And the interest rate r=2%=0.02 and n=number of…

Q: Question 3 St. Francis Xavier College wants to provide an annual scholarship worth $4000. The…

A:

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

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

A: Solve for A

Q: Chapter 9.2, Question 6 If Shanta deposited $2800 in an investment fund that was earning 5.5%…

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: Question 1 You buy an used car for $16,000 and the bank offers you 5.8% interest on monthly payments…

A:

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: If $2500 is invested at an interest rate of 6.5% per year, coumpounded daily, find the value of the…

A: We know that if P=principal, A= amount, r=rate, t=time, n= number of times interest is compounded,…

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: Problem 1. Susan borrows $400 for 11 months at 11 % per annum simple interest. What is the amount…

A:

Q: Question 4 of 13 Patrick heard that she could triple her money in 25 years if she invested it in a…

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: 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: Mike is a first year university student who is trying to understand his financial situation. Mike…

A: There are many different types of interest that can be accounted on initial amount. Simple interest…

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.