Suppose $23,000 is invested in an account with an APR of 5.4%. a. If the interest is compounded annually, how much interest is earned over the first 10 years? $ Preview b. If the interest is compounded monthly, how much interest is earned over the first 10 years? Preview c. If the interest is compounded daily, how much interest is earned over the first 10 years? 2$ Preview d. If the interest is compounded continuously, how much interest is earned over the first 10 years? Preview

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A: NOTE: Refresh your page if you can't see any equations. . here we have A=60000 r=22%=0.22  n=2 for…

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Q: Suppose $19,000 is invested in an account with an APR of 5.1%. a. If the interest is compounded…

A: NOTE: Refresh your page if you can't see any equations. . P=19000 r=5.1%=0.051 t=10 years

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A: A=$12450 r=2.3% =0.023 t=16 years  n=4 (quarterly ) A=P(1+r/n)^(n*t)

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A: Given  Amount invested= $16,000 APR= 4.7%

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A: Explanation: Given that,  P0 =  $16,000  APR(r) = 4.8% = 0.048 1.  If the interest is compounded…

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

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A: FV = Future Value   PV = Present Value   r = rate of interest   n= no of period