Use the formula for computing future value using compound interest to determine the value of an account at the end of 4 years if a principal amount of ​$19,000 is deposited in an account at an annual interest rate of 5​% and the interest is compounded quartley

Q: Find the future value of an annuity due of $700 paid at the beginning of each 6-month period for 10…

A: Formula: FV=P×1-1+r-nr where FV=Future value of an ordinary annuity P=Value of each payment…

Q: Finance. A person wishes to have $20,300 cash for a new car 6 years from now. How much should be…

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Q: Find the future value. $1972 invested for 12 years at 4% compounded quarterly

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Q: P7,500.00 earning 9% interest, compounded daily for 3 years

A: Given: P=7500 r=9%=0.09 Compounded daily, n=365 t=3 years

Q: Use the formula for computing future value using compound interest to determine the value of an…

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Q: account

A: We will find the balance in the account after 9 years.

Q: 3. Find the future value if 1000 dollars is invested at interest rate 3% compounded semi-annually…

A: Given that $1000 is invested for a 3% compound interest semi-annually for 2 years.

Q: Use the formula for computing future value using compound interest to determine the value of an…

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Q: Use the appropriate compound interest formula to compute the balance in the account after the stated…

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Q: Find the future value if $11,000.00 is invested for 7 years at 6% compounded annual. The future…

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Q: Find the future value, using the future value formula and a calculator. (Round your answer to the…

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Q: Use the formula for computing future value using compound interest to determine the value of an…

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Q: What are the future value and the interest earned if $3600 is invested for 7 years at 8% compounded…

A: Amount invested, P=$3600 time of investment, t= 7 years rate of interest, r= 8%=0.08

Q: Use the formula for computing future value using compound interest to determine the value of an…

A: We have to solve

Q: A house is rented for $3000 per quarter, with each quarter's rent payable in advance. If money is…

A: Given P=$3000 r=8% compounded quaterly. The objective is to find the future value of the rent for…

Q: TRILS Manually calculate the compound interest on an investment of $14,000 at 4.5% interest,…

A: Given that  Initial amount 14000 Rate of interest is 4.5% and semiannual for 2 years  To find the…

Q: Find the future value of an ordinary annuity of $80 paid at the end of each quarter for 7 years, if…

A: Given data:     The given price of the annuity is: P=$80. The given time is: n=7 years=28 quarters.…

Q: Use the compound interest formula to compute the future value of the investment. Round to the…

A: initial deposit P = 1500 rate of interest r = 4% = 0.04 compounded quarterly means 4 times per year,…

Q: Assuming annual compounding, what is the future value of $75,000 deposited in a bank today at an…

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Q: periodic deposit.

A: Given: Rate=4.5% and time financial Goal is 5. To determine: The periodic deposit using the…

Q: What is the future value if $8400 is invested for 14 years at 7% compounded semiannually? (Round…

A: Given that $8400 is invested for 14 years at 7% compounded semiannually. Thus, we have Present value…

Q: Use the formula for computing future value using compound interest to determine the value of an…

A: It is given that, the principal amount P is $2500, interest rate r is 0.08 and n is 365 days.Formula…

Q: Use the present value formula to determine the amount to be invested now, or the present value…

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Q: To save for the replacement of a computer, a business deposits $150 at the end of each month into an…

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Q: Use the present value formula to determine the amount to be invested​ now, or the present value…

A: Concept Used: Compound interest : A=P1+rnnt Where, P - The principal , amount invested A- The new…

Q: A couple deposits 24,000 into an account earning 5 percent annual interest for 20 years. Calculate…

A: Given, P=24000   Interest  =r= 5% Time =t =20 years The investment compounded daily. n=365

Q: Future Value If $10,000 is invested at 12% interest,compounded quarterly, find the future value in…

A: Given: Present value=$10,000Rate of interest compounded quarterly=12%Total time period=10 years……1…

Q: Find the value of an investment of $8,300 after 14 years with 3.2% interest compounded monthly

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Q: What is the future value of $2000 earning 12% interest, compounded monthly, for 8 years? (Round your…

A: We need to find the future value given that present value P = $2000, rate of interest r = 12% =…

Q: A couple deposits $25,000 into an account earning 5 % annual interest for 20 years. Calculate the…

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Q: Given Problem: A woman has deposited Php 60,000 in a savings account. Bank pays an interest at a…

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Q: a company deposited an amount of P1,200 monthly in an account invested at 3% compounded monthly to…

A: Given that: Amount deposited monthly is P 1200 Rate of interest compounded monthly is:…

Q: Use the formula for computing future value using compound interest to determine the value of an…

A: Here we have to find the future value by compound interest.

Q: Find the future value of an account when $2250 is invested at 3.2% interest compounded quarterly for…

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Q: Find the maturity value and compound interest if 30,000 is compounded quarterly at an interest rate…

A: We have to find maturity value and compound interest.

Q: Find the present value of the future value of $1,000,000 invested at 12% interest compounded monthly…

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Q: How much would you need to deposit in an account now in order to have $6000 in the account in 8…

A: we know that the formula ,  F = P ( 1 + (r/n)) n • t  Here , F = future value  P = Principal amount…

Q: Use the formula for computing future value using compound interest to determine the value of an…

A: Monthly interest rate and future value will be calculated using the formula,

Q: A couple deposits $15,000 into an account earning 5% annual interest for 20 years. Calculate the…

A: Principal amount =$15,000 Annual rate of interest= 5 % = 0.05 Time of investment = 20 years This…

Q: What is the future value of $115,000 invested for 5 years at 8% compounded monthly? Answer the…

A: The given data is: Present value PV=$115000Time t=5 yearsRate r=8%  To find the future value.

Q: Use the formula for computing future value using compound interest to determine the value of an…

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Q: What are the future value and the interest earned if $3200 is invested for 6 years at 8% compounded…

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Q: each month for 9 years and the interest rate is 7.2% compounded monthly. N= FV=

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Q: Use the formula for computing future value using compound interest to determine the value of an…

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Q: Find the future value, using the future value formula and a calculator. (Round your answer to the…

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Q: What is the future value of $6000 earning 12% interest compounded monthly for eight years. Round…

A: Principal Amount:  P = $ 6000 Interest Rate: r = 12% Time Period:  t = 8 years

Q: Find the present value of the future amount. Assume 365 days in a year. Round to the nearest cent.…

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Q: Find the future value and interest of $10,000 at 6.3% compounded annually for 20 years. A. Future…

A: This question belongs to compound interest. We have to find amount and interest.

Q: Use the appropriate compound interest formula to compute the balance in the account after the stated…

A: ​$15,000 is invested for 8 years with an APR of 2​%and quarterly compounding

Q: Find the future value, using the future value formula and a calculator. (Round your answer to the…

A: Given information Present value = $921 Rate of interest = 5.5% Year = 7% r = quarterly rate