Show how 4.56% is in fact determined for a 22% increase over 5 years and then calculate the average percent increase for the 10-year period.

Q: At age25 ​, someone sets up an IRA​ (individual retirement​ account) with an APR of 5​%. At the end…

A: Given that, APR = 5% = 0.05 Monthly investment (PMT) = $ 45 Time period (t) = 65 - 25 = 40 years We…

Q: Calculate the amount of interest on an investment of AED 160,425 at 8% simple interest for 4 years.

A: To Calculate the amount of interest on an investment of AED 160,425 at 8% simple interest for 4…

Q: Determine the value of an account after 10 years if a principal amount of 11000 was deposited with…

A:

Q: b) Suppose that the amount in an account 3 years after being invested at 7% is $6050. What was the…

A: A=P1+rtr=rate p= principal amountA = amoiunt

Q: Helene Gauthier invested $15,000 on January 1 in a partnership. She withdrew $2000 on June 1,…

A:

Q: Assume that cigarettes cost $9.50 per pack and consider a 20 year old  college student smoker who…

A: Here given  cost of 1 cigarette= $ 9.5 and college student somkes 16 packs per month  And now he…

Q: Find the effective rate of the interest that is equivalent to an 9% rate compounded monthly.

A: Effective rate of interest :   The Effective Annual Interest Rate (EAR) is the interest rate that is…

Q: a. What was the average rate of return on his investment over the 3 years? Answer in exact form, or…

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Q: Treasure mountain international school in park city, Utah,  is a public middle school interested in…

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Q: Calculate the effective interest rate of an account earning 5% interest compounded daily. Round to…

A: It is given that, an investment that earns the rate of return of 5% interest compounded daily. Note…

Q: A major shippingcompany is planning to purchase new cargo ships. It wants to borrow $1100 million by…

A: Given that, A major shipping company is planning to purchase new cargo ships. It wants to borrow…

Q: A retiree invests $8,000 in a savings plan that pays 6% per year. What will the account balance be…

A: Given  invested amount  =  $ 8,000 intrest rate  = 6% per year

Q: What is the annual percentage yield of 8% compounded semi-annually?

A: Given : Nominal interest rate  = 8% compounded semi-annually we have to calculate the annual…

Q: Find the effective rate of interest.; For 6% compounded monthly

A:

Q: 4) If an account pays interest compounded monthly, and the APR is 5.2%, what is the APY? (write the…

A: We have given APR=5.2% =0.052=rcompounded monthly…

Q: What is the simple interest rate on a $1350 investment paying $319.82 interest in 10.3 years?  %…

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Q: What is the simple interest rate on a $1950 investment paying $513.83 interest in 8.5 years

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Q: What is the dividend yield on Stock A that sells at $15/share, when Company A pays a quarterly…

A:

Q: At age 35 you start saving for retirement. If your investment plan pays an APR of 6% and you want to…

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Q: Molly Hamiton deposited $65,000 at bank of America at 8% interest compounded quarterly.  What is the…

A: We are given that Molly Hamiton deposited $65,000 at the bank of America at 8% interest compounded…

Q: find the least amount  that could be deposited in a bank account today at 12% compounded quarterly…

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Q: What is the annual percentage yield of 5% compounded quarterly?

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Q: Suppose you invest $3420 in an account that earns simple interest at an APR of 2.7%.Determine the…

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Q: Find the effective rate equivalent to 10 points. 15% compounded quarterly. * 1 Add file

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Q: Suppose you pay back $655 on a $625 loan. You had the loan for 75 days. What was your simple annual…

A:

Q: A retiree invests $5,000 in a savings plan that pays 6% per year. What will the account balance be…

A:

Q: At age 25​, someone sets up an IRA​ (individual retirement​ account) with an APR of 8​%. At the…

A: NOTE: Refresh your page if you can't see any equations. . here we have PMT=30 r=8%=0.08 n=12 for…

Q: How many interest payments are made in 14 years and 6 months if interest is paid quarterly?

A: Quarter in a year means 1/4 of a year. Since there are twelve months in a year therefore  quarterly…

Q: assume the $11,700 treasury bill, 6% for 12 weeks. calculate the effective rate of interest. (use…

A: Given that, the $11700 treasury bill, 6% for 12 weeks.

Q: In order to purchase a residential homesite, a man borrows $50,000 from his father. The son pays his…

A: Let's find.

Q: For 10 years with total payments of $ 10000 per year, calculate the total amount accumulated after…

A: Consider the given information. Total payment per year. P=$10,000 Time period is defined as, n= 10…

Q: Find the simple interest on a $200 investment made for 5 years at an interest rate of 8%/year. What…

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Q: Find the effective rate corresponding to a slated rate of 10% compounded montly.

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Q: A. A$10,000 certificate of deposit earns simple interest of 8 percent per year. Calculate the total…

A: Since you have asked multiple question, we will solve the first question for you. If you want any…

Q: The Paasche price index for 200S, with 2006 as the base year is:

A: Let po and qo denotes the base year price and quantities respectively. Let p1 and q1 denote the…

Q: A vehicle purchased for $29,800 depreciates at a constant rate of 6%. Determine the approximate…

A: Given, The original value of the vehicle, P = $29,800, Rate of depreciation, r = 6% = 0.06 Time, t =…

Q: At age 22​, someone sets up an IRA​ (individual retirement​ account) with an APR of 8​%. At the end…

A: Formula used:Future value of an ordinary Annuity:

Q: Compute the simple interest for $900 at 4% for 2 years. $ Compute the total amount. $

A:

Q: A company gets a discount loan at a 12 percent interest rate.  They borrow $100,000 for one year.…

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Q: Assume the $12,480 Treasury bill, 5% for 15 weeks. Calculate the effective rate of interest. (Use…

A: Solution:-

Q: What is the annual percentage yield of 18% compounded daily? APY= _________%

A: In the given we have to find the annual percentage yield of 18% compounded monthly.

Q: A bank lends $9000 at 7% simple interest. At the end of 1 year, how much interest is owed on the…

A: Given that, P = $9000 r = 7% n = 1 year By formula, Simple Interest = Pnr100

Q: Starting on her 30th birthday, a woman will invest an amount every year on her birthday in an…

A:

Q: How many interest payments are made in 7 years and 6 months if interest is paid quarterly?

A: As we know a quarter is defined as 1/4th of any quantity  And in case of interest payments we define…

Q: The Blackburn Computer Company has declared an annual dividend of $0.70 per share. The stock is…

A: Consider the provided question, Given, the annual dividend of Computer Company is $0.70 per share.…

Q: A college student receives an interestfreeloan of $8250 from a relative. The student will repay$125…

A: A college student receives an interest free loan of $8250 from a relative. The student will repay…

Q: A bank offers 7.5% interest compounded monthly. What is the annual percentage yield (APY)?

A: Given  A bank offers a 7.5% interest compounded monthly. Here r=0.075 k=12

Q: A vehicle purchased for $32500 depreciates at a constant annual rate of 7% . Determine the…

A: Use simple formula