suppose you invest $6000. Which investment yields the greater return over 4 years 8.25% compounded quarterly or 3.3 compounded semiannually?

Q: 12. Leslie deposited $3000 into a CD and is earning 5% interest, compounded quarterly. What will be…

A: Given deposited amount =$3000 , rate =5% and time 10 year We have to find value of CD after 10 year

Q: A newborn child receives a $5,000 gift towards a college education from her grandparents. How much…

A: Given that  A newborn child receives a $5,000 gift towards a college education from her…

Q: sted is compounded monthly rather than compounded annually?

A: We cannot add funds to the present account so annuity will cover the present worth but cannot be…

Q: To start a new business Beth deposits $2500 at the end of each six-month period in an account that…

A: Consider the given:  Given that:Both deposit $2500 = Rr%=6%r=0.06k=2t=9S=Ri1+in−1i=rki=0.062i=0.03

Q: How much should you deposit at the end of each month into an investment account that pays 8.5%…

A: Here, we need to find the amount we deposit at the end of each month into an investment account that…

Q: You invested $9,000 at the end of each quarter for 8 years in an investment fund. If the balance in…

A:

Q: Find the balance on an account if you invest $ 759 at 3.9 % for 2 years compounded monthly.

A: Given: Amount of money invested is $759. Rate of interest is 3.9%. Time is 2 years. Rate is…

Q: Find the amount of an investment of $25,000 earning 6% interest for 3 years compounding quarterly

A: Given that $25,000 is invested earning 6% interest for 3 years compounding quarterly. It is required…

Q: Gallant invests starting at age 25 until he retires at age 65. If he invests $2400 each yearat 9.6%…

A: J

Q: Suppose Carla has $12,000 to invest.Which investment yields the greater return over 2 years :9%…

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Q: A newborn child receives a $5,000 gift toward a college education from her grandparents. How much…

A:

Q: c. Suppose that you had the opportunity of investing $5000 in a business such that the value of the…

A: The amount in a saving account: The total amount will be A. Principle amount, p = $5000 Annual rate…

Q: 3. If interest is compounded quarterly, how much will P100,000 be at the end of one year at 12%?

A:

Q: Find the amount that results from each investment.$500 invested at 8% compounded quarterly after a…

A: Given that, $500 invested at 8% compounded quarterly after a period of 212 years

Q: If $30,000.00 is invested 6 1/4%(six and one fourth percent) compounded quarterly for 8 years, how…

A: Given,            P = $30,000.00  ; r = 614%=254%=0.0625 and time = 8 years

Q: Find the accumulated value of an investment of $15,000 for 5 years at an interest rate of 5% if the…

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Q: If you were to invest $800 at 8% interest compounded annually or each year, what would be your…

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Q: Parents wish to have $80,000 available for a child’s education. If the child is now 5 years old, how…

A:

Q: If you invested $10,000 at 9% interest, compounded quarterly, then how much would this investment be…

A:

Q: If you invest $10,000 at an interest rate of 3.2% compounded monthly, when will your investment be…

A: Initial amount=P=$10000Final amount=A=$15000Interest rate=r=3.2%=0.032Time=t=?Number of times…

Q: n how many years will the amount of P10,000 triple if invested at an interest rate of 10% compounded…

A:

Q: An investment of $5,650 is made in an account compounded quarterly at 5.1%. How much will the…

A: The term per cent means for every hundred. A fraction whose denominator is 100 is called a…

Q: Suppose Mr. Chui would like to know the present value of his monthly deposit of P4,500 when interest…

A:

Q: 3. Francisco invest $10,500 at a annual rate of 6% compounded monthly per year. How much money will…

A: Given, P=$10,500 r=6% t=8 years Compounded monthly

Q: You want to have a $ 93,477 college fund in 10 years.  How much will you have to deposit now in an…

A: Given Data: The expected accumulated balance after 10 years is: A=93477 $ The interest rate is:…

Q: If Frank invests $11,400 at 3.7% interest compounded quarterly, how much will his investment be…

A:

Q: How long would it take for an investment to at least double its original amount at 3.62% compounded…

A: NOTE: Refresh your page if you can't see any equations. . here we have  r=3.62%=0.0362 n=12 for a…

Q: If you invest $7,000 in an account paying 3% interest compounded quarterly: how much will be in the…

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Q: How much will an investment of $5,000 be worth in 8 years if it earns 2.2% in annual interest…

A:

Q: If you invest $1,000,000 in an account paying 12%, how much will you have after 20 years if the…

A: Given: Principle amount (P)= $1,000,000 Rate of interest r=12% Time period= 20 years

Q: How much should you invest each month in order to have $500,000 if your rate of return is 2.7%…

A: Given, Compound interest, A=$500,000 Annual interest rate, r=2.7100=.027 Compound per year, n=12…

Q: If you invest $1,000,000 in an account paying 12%, how much will you have after 20 years if the…

A:

Q: How long would it take for an investor to double his money at 10% interest per year, compounded…

A:

Q: What is the future value of $4887 invested for 7 years at 8% compounded annually?

A: A=P(1+r)t

Q: An investment fund pays 3.25% per year, compounded monthly, on all money invested. How much interest…

A:

Q: Sarah deposited $15,000 in an investment fund that was growing at a rate of 3.00% compounded…

A: Please refer to the image below

Q: Erin has $250,000 saved for retirement in an account earning 3.4% interest, compounded quarterly.…

A:

Q: Recent sales of some real estate and record profits make it possible for a manufacturer to set aside…

A: Given:  P=$1,000,000r=6.7%=0.067n=2t=12 year To determine: The amount that can be withdrawn from…

Q: If you invested $300 now at 6.5% interest compounded monthly, how much money do you have available…

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Q: A principal of P 2000 is placed in a savings account at 3% per annum compounded annually. How much…

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Q: A $21 500 investment earns 5.25% interest, compounded quarterly.

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Q: (d) If found a bank that paid 6% interest compounded annually rather you than 5%, how much (in $)…

A: We will use compound interest formula and solve this.

Q: How much should you invest now at 5% compounded quarterly to have $8000 in 4 years?

A: As in compound interest quarterly A = P1+rnnt

Q: In how many years will an investment of P2000 double in amount if the interest rate is 14.35%…

A:

Q: nora is thinking of investing an amount of P30,000  8.5% compounded annually

A: Given,Present Value, PV=30,000Rate of interest,r=8.5 compounded annuallyTime period, n=2.5 years

Q: Find the accumulated value of an investment of $20,000 at 12% compounded semiannually for 8 years.…

A:

Q: Your 6 1/4 year investment of $40,000 at 14% compounded quarterly is worth how

A: We have to find the amount

Q: Suppose your savings account pays 8% interest compounded quarterly. If you deposit $15,000 for two…

A: Given: Interest rate r = 8% r = 0.08 Deposit amount or principal amount P = 15000 Time period t = 2…

Q: Find the amount that results from each investment. $500 invested at 8% compounded quarterly after a…

A: Given, P=$500, r=8%, t=212 years, n=4 The amount is given by the formula,…

Q: After several years of working, Katy has savings of $100,000. If she invests that $100,000 in a…

A: Given Principal = $100,000, Time, n = 20 years and Rate of interest, r = 5%. Obtain the interest…