Trinh invested $3800 at an annual interest rate of 8%, compounded annually. How much will she have in the investment account at the end of 5 years?

Q: Jackson invested $81,000 in an account paying an interest rate of 6,% compounded monthly. Angel…

A: for both Jackson and Angel , P is $81,000. now Time is 16 years. for Jackson Rate, r is 6.5% which…

Q: Camilla has $18,220 in a savings account. The interest rate is 5% per year and is not compounded. To…

A:

Q: A principal of $4400 is invested at 4.75% interest, compounded annually. How much will the…

A: explanation and solution is given below.....

Q: A principal of $2100 is invested at 8.5% interest, compounded annually. How much will the investment…

A: From the given information, it is observed that P = $2100, r = 8.5% = 0.085, and t = 14. Note that,…

Q: Bentley invested $750 in an account paying an interest rate of 1% compounded daily. Julia invested…

A:

Q: A principal of $2600 is invested at 4.25% interest, compounded annually. How much will the…

A: NOTE: Refresh your page if you can't see any equations. . here we have P=2600 r=4.25%=0.0425 n=1 for…

Q: Jeremy invested his savings in a bank at 5.00% compounded monthly. How much money did he invest to…

A: Solve the above question.

Q: Tara invested $8,890 in an account with an interest rate of 7.5% that was compounded quarterly. How…

A: When the interest is compounded, then the formula used is A=P1+rnnt , where, A is the final amount,…

Q: an

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Q: Edmond has $6,915 in a savings account that earns 8% interest, compounded annually. To the nearest…

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Q: If you invest $2,593 compounded annually at 8.5%, how long will it take to double your investment?

A:

Q: Jocelyn invested $56,000 in an account paying an interest rate compounded continuously. Oliver…

A: JocelynA=P1+R12002Twhere A=amount, P=principal amount, R=rate of intereset and T=time…

Q: How long will it take P1000.00 to amount P1,346.00, if invested at 6% compounded quarterly.

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Q: If you invest $2090 compounded annually at 9.2%, how long will it take to double your investment?…

A:

Q: Reynaldo deposits 20,000 in a bank at an interesta rate of 6% If it’s compounded annually, how…

A:

Q: Christian is saving money and plans on making monthly contributions into an account earning an…

A: Given data is: Future value of amount after n period A=$9000 Interest rate i=5.7% Period n =32…

Q: Liz wants to accumulate at least $40,000 by depositing $900 at the end of each month into a fund…

A: As the interest rate is compounded monthly:   Part (a):   Future value for the annuity is computed…

Q: A principal of $4600 is invested at 7% interest, compounded annually. How many years will it take to…

A: A=P(1+r/100)t   Here a is amount p is principle  r is rate of interest and t is time in years

Q: Mika's parents want to have enough saved to give her $15 000 a year - for 4 years of college. They…

A: Mika's parents want to give $15000 per year for 4 years of college. Therefore they want to give…

Q: A principal of $3900 is invested at 5.75% interest, compounded annually. How much will the…

A: Formula for finding the final amount in the account is,      A=p1+rnnt Where A= final amount in the…

Q: A principal of  $4900  is invested at  4.25%  interest, compounded annually. How much will the…

A: use the formula for compound interest for finding the amount.

Q: If you want to accumulate $ 28,000 in 5 years to purchase a car, how much you need to invest today…

A:

Q: A principal of $2600 is invested at 4.25% interest, compounded annually. How many years will it take…

A: Given:- A principal of $2600 is invested at 4.25% interest, compounded annually. To find:- How many…

Q: Joy has ₱ 100,000.00 to invest at 1.11% compounded monthly. How much is the additional interest…

A: If an amount P is invested for t years at a rat o interest r% and if the number of compounding…

Q: Arianna invests $5500 in a new savings account which earns 5.6% annual interest, compounded daily.…

A: Given query is to find the value of investment after 7 years when compounded daily.

Q: A principal of  $4800  is invested at  6.75%  interest, compounded annually. How much will the…

A:

Q: A principal of $3000 is invested at 3.25% interest, compounded annually. How much will the…

A:

Q: A principal of $4300 is invested at 5% interest, compounded annually. How many years will it take to…

A: Use formula of compound interest

Q: Steven wants to put $6000 in the bank at a rate of 6.8% per year. Find the amount in the bank after…

A:

Q: Bo won $10,000 on a scratch-off lottery ticket. In five years, he wants to buy a new bass boat that…

A:

Q: A principal of $4400 is invested at 6.25% interest, compounded annually. How much will the…

A:

Q: Fred has $60,000 in a savings account. The interest rate is 15% p year and is not compounded. How…

A: Given, P=$60000 Interest rate, r=15% time, t=812year

Q: $450 is invested at a monthly rate of 1% and is compounded monthly. What is the value of the…

A:

Q: Michael invested $50,500 in an account with an interest rate of 4.5% that was compounded annually.…

A: The amount for the compound interest is given by the formula as follows A=P1+rnnt where P is the…

Q: A principal of $1600 is invested at 5% interest, compounded annually. How much will the investment…

A: Use the compound interest formula, A=P1+rm Where 'r' is the annual rate of interest, m is the time…

Q: A company needs $3,600,000 in order to expand their factory how much should the company invest each…

A: Given, FV=$3600000 r=9.4%/52 n=52×14

Q: Dylan invested $700 in an account paying an interest rate of 1 % compounded quarterly. Sebastian…

A: Given: Dylan:Invested amount=$700Interest rate=134%Number of conversions=compounded…

Q: A principal of $2000 is invested at 3.5% interest, compounded annually. How much will the investment…

A: NOTE: Refresh your page if you can't see any equations. . here we have P=2000 r=3.5%=0.035 t=7 years…

Q: Hamad needs $6500 in 3 years for his first-year university program. He is planning to deposit a…

A:

Q: Nancy wants to invest $4000 in saving certificates that bear an interest rate of 9.75% per year,…

A: Given: Nancy wants to invest $4000 in saving certificates that bear an invest rateof 9.75% per year,…

Q: A company needs $5,600,000 in 8 years in order to expand their factory. How much should the company…

A: To find P if the interest compounded weekly, substitute 5600000 for A, 8 for t, 0.08 for r and 52…

Q: A principal of $4500 is invested at 6.5% interest, compounded annually. How much will the investment…

A: As per our guidelines we are supposed to answer one question , kindly repost the remaining question…

Q: If you want to accumulate $ 28,000 in 5 years to purchase a car, how much you need to invest today…

A:

Q: Carly wants to invest $1000 in an account that earns 8% interest, compounded quarterly. How many…

A:

Q: The APR of Bessie's savings account is 6%, and interest is compounded monthly. If the principal in…

A:

Q: A company needs $4,400,000 in 13 years in order to expand their factory. How much should the company…

A:

Q: Drew wants to save $2,500 to go to the next World Cup. To the nearest dollar, how much will he need…

A:

Q: Chris invests $10 000 at 7.2%/a compounded monthly. How long will it take for his investment to grow…

A: Give information A=$25,000 P=$10,000 r=7.2% compounded monthly ⇒r=7.2100=0.072 For compounded…

Q: A couple needs $23,335.13 as a down payment for a home. If they invested the $7,000.00 they have at…

A: