Use the future value formaula (6) to find each of the indicated values. 1.   n=20;  i=0.03; PMT=$500; FV=?

Q: Use technology and the future value formula to find i. FV=​$4,854​; PMT=​$700​; n=6​; i=​?

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Q: Finding the future value of an annuity $0 To save money for her son's college tuition, Diane invests…

A: Let's find total value of annuity after 19 years.

Q: Determine the present value P that must be invested to have the future value A at simple interest…

A: The formula for simple interest is SI=PRT100. The formula for amount is A=P+SI. Given R=14.0%, T=6…

Q: You know you will have $1,000,000 in your account when you retire. You want to be able to take…

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Q: You take out a 5 month, $6,000 loan at 8% annual simple interest. How much would you owe at the end…

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Q: 20. Use the future value formula to find the indicated value.   n=25​; i=0.02​; PMT=$104​;   FV=

A: For this we need to use future value formula.

Q: 1) You deposit $1500 in an account earning 10.4% interest. Calculate the simple interest earned in 4…

A: As per honor code, we are entitled to solve only 1 question at a time. So, I am providing you the…

Q: 14. If he would like to have P500,000 in the future, how long will it take him to save with the same…

A: It seems that information regarding initial investment amount and interest rate is missing. As these…

Q: 1. Mark has invested 200 000 pesos for 1 year. Find the future value based on the following…

A: Mark has invested 200,000 pesos for 1 year. The interest rate is 7.5% and period of the time is 1…

Q: You know that the balance at the end of the third period is B3 = b3·B0 + (b2+b+1)A when an account…

A: We have given that  The initial payment =B0 Regular deposit at the end of each year=A Compound…

Q: Find the present value, using the future value formulae and a calculator. Future value is $6,000 in…

A:

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

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Q: Directions: From the given probiem beiow find the actuai time of the investment using a table and…

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Q: With the use of the following formula, determine future value of the following question: A=P(1+in)…

A: Value which is deposited initially is called Principle amount. Rate of interest is the value by…

Q: Find the future value at the end of the payment period . Payments of 1 000.00 Php each are made at…

A: Given, Payments of 1000 Php each are made at the beginning of each year for 3 years with interest at…

Q: Test II. Solve the following given items: 1. What is the simple interest on P12,500 at 8% for 9…

A: Question 1: Interest = Principal*interest rate*no. of month / 12 Principal = 12500 Interest = 8% No…

Q: Time value Personal Finance Problem You can deposit $7,000 into an account paying 7% annual interest…

A: Here, Deposit Amount = $ 7000, Annual Interest = 7 % and Tenure of Investments = 30 years

Q: Using an interest rate of 3.25% (a) Find the future value of £12,500 in 10 years' time. (b) present…

A: Given,  Interest rate 3.25%

Q: |MATH Hosted by ALEKS Corp. Test #3 Previous 1. 2] 3. 4. 5. 9. 8. 6. 10 Next Question 3 of 19 (1…

A: The future value on the principle,P at rate r for t years e is given by

Q: 27. TIME OR RATE? Becky Hilton has a choice for her investment of $7500. She can invest it in funds…

A: Future value in the compounded interest is given by A=P1+rnnt Where P is principal amount r is rate…

Q: 2. She deposits $250 at the end of each month. The IRA has an average annual interest ate of 8.25%.…

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Q: The population of bacteria in an experiment has been increasing by 80% each day. If there were 25…

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Q: Heather's family put $55,000 into an account earning 5% compound interest when she was born 18 years…

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Q: Use the future value formaula (6) to find each of the indicated values.  1. FV=$4,000; i=0.02;…

A: It is given that, FV=$4,000; i=0.02; PMT=200. Future value formula is FV=PMT1+in-1i.

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

A:

Q: u decide to reduce the amount you spend eating out by $235 a month and invest the total saved at the…

A: Given that  You decide to reduce the amount you spend eating out by $235 a month and invest the…

Q: ) You deposit $650 in an account paying 7.2% simple interest. Find the future value of the…

A:

Q: A bank offers all savings accounts 5% interest compounded annually. If one account has a principal…

A: The rate at which the bank is offering interest on saving accounts is 5% compounded annually. One…

Q: 28. TIME OR RATE? Manager Isat Riyadh has a choice to make regarding short-term, excess corporate…

A: Use the formula for the compound interest for quarterly and yearly to find the answer.

Q: In order to start a small​ business, a student takes out a simple interest loan for ​$7000.00 for 9…

A: We have to find interest must the student​ pay and Find the future value of the loan.

Q: If we put in $5000 into each of these stocks for 5 years.

A: For Stock 1 Initial Investment = $5000 One year return =268.48 Annual Return =Final Value of…

Q: 12. You just received a gift of $500 from your grandmother and you are thinking about saving this…

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Q: earning a monthly interest rate of o.7%. If Angel would like to end up with $16, 000 after 2 years,…

A: Given that   The Following

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

A: Given Information -  Present value (PV) = $150 Rate of interest (R) = 634% = 274% Time period (T) =…

Q: Find the requested value and tell what the other numbers represent. (a) Find r: 500 = 1,000(r)(8)…

A: In this question we have to find the given value.

Q: Use technology and the future value formula to find i.   FV=​$5,193​; PMT=​$500​; n=8​; i=​?

A: Given, FV = $5193 PMT = $500 n = 8 Find the value of i.

Q: Suppose you receive $100 at the end of each year for the next three years.  a) if the interest rate…

A: Present value =Amount Received ×PVFA (8%,3)                          =$100×2.577…

Q: Bianca had a $2,200 simple interest CD that paid her $122.76 when it matured after 3 years.  What…

A: Given that :-Simple interest =  $122.76 Principal (initial value) =  $2,200 Time =3 years

Q: The Ward family wants to save money to travel the world. They purchase an annuity with a monthly…

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Q: You invest $2,000 in a mutual fund paying 9% interest. It takes about 7 years for your initial…

A: It has taken 7 years for the money to double. So, it will take another 7 years to double again if…

Q: Find the requested value and tell what the other numbers represent. (a) Find t: 960 = 6000(0.04)(t)…

A: (a) Consider the given equation,  960 = 6000(0.04)(t). Solve the provided equation to get the value…

Q: A women decides to invest $5,000 in an IRA CD at the end of each year 20 years. If she makes these…

A:

Q: 17. Tanner and Ricardo each have $600 to deposit into a savings account. Tanner deposited his money…

A: Mr T invested in Compound interest  Amount for Compound interest can be calculated as below : P=…

Q: Because simple interest is used on short-term notes, the time period is often given in days rather…

A: As per Bartleby's Guidelines, maximum one question to be answered at a time. You can ask the other…

Q: 2. If a person borrows $475 at the beginning of the month and promises to pay back $575.75 on payday…

A: Starting amount=$475Amount at the end of one month=$575.75

Q: Use the future value formaula (6) to find each of the indicated values. 1. 2.   FV=$5,000; n=15;…

A: Given,FV = $5000n = 15i=0.01PMT = ?Using formula,FV=PV 1+in5000=PV 1+0.0115∴PV = $4306.74

Q: Use technology and the future value formula to find i.   FV=​$6,835​; PMT=​$500​; n=10​; i=​?

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Q: Use the future value formula to find the indicated value. FV = $5708; n = 28; i = 0.04; PMT=?

A:

Q: Anne deposited $500 in an account that earns 6% Simple account that earns 6% interest compounded…

A: Given P = 500            R = 6 % t = 4 yearSimple interest = PTR100                            =…

Q: Find the future value of the given present value. Use 360 days per year for your calculation.…

A: Here, mode=360 r=17 days=120 PV=2688

Equations and Inequations

Equations and inequalities describe the relationship between two mathematical expressions.

Linear Functions

A linear function can just be a constant, or it can be the constant multiplied with the variable like x or y. If the variables are of the form, x2, x1/2 or y2 it is not linear. The exponent over the variables should always be 1.