Use the future value formula to find the indicated value. FV $3670; n = 21; i = 0.04; PMT ? PMT=$| (Round to the nearest cent.)

Q: Find the future value of the loan. Round your answer to the nearest cent. =P=, $19,000r=, 6%t3…

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Q: A loan of​ $2000 was made at​ 5.5% for four months. Find the​ loan's future value.

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

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Q: Rob invests $6080 at an annual rate of 8.5% simple interest for 26 months. what is the future value…

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Q: Use the future value formula to find the indicated value. FV = $5787; n = 23; i = 0.07; PMT = ? PMT…

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Q: Find the future value of each deposit if the account pays (a) simple interest, and (b) interest…

A: When the interest is simple, then the formula used is A=P(1+rt) , where, A is the final amount, P is…

Q: Find the future value of the loan. Round your answer to the nearest cent. =P$1450 ,  =r3.39% ,  =t5…

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Q: You deposit P 750 in an account paying 7.3% simple interest. Find the future value of the investment…

A: To find- You deposit P 750 in an account paying 7.3% simple interest. Find the future value of the…

Q: Find the future value of the loan. Round your answer to the nearest cent. P=$1000 ,r= 5%  t=8 years…

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Q: Solve the following problem sets in Simple Interest. Show your handwritten solution. What will be…

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Q: Find the future value of annuity due with an annual payment of $11,000 for three years at 5% annual…

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Q: Use the simple interest formula to determine the missing value. p = $963.34, r= 5.5%, t= ?, i=…

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Q: Activity Activity 1: What's my future? Directions: Read the problem carefully and then write your…

A: By bartleby rules, only first question has been answered In order to save for her high school…

Q: The graph below shows future value of a $100 investment earning a 6% interest rate. Based on the…

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Q: In order to start a small business, a student takes out a simple interest loan for $5000.00 for 3…

A: Introduction: The formula that gives the amount of interest in the case of simple interest is…

Q: Find the amount (future value) of the loan. P = $1400, r = 4.5%, t = 5 months

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Q: To save money for a sabbatical to earn a master’s degree, you deposit $2000 at the end of each year…

A: To Determine: To save money for a sabbatical to earn a master’s degree, you deposit $2000 at the end…

Q: $10000 is invested for 6 years at an annual simple interest rate of 16% a)How much interest will be…

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Q: $11,000 is invested for 3 years at an annual simple interest rate of 13%. (a) How much interest will…

A: For the given problem  Principal amount P=$11,000                  Time   t=3 years…

Q: Use the formula for future​ value, A=​P(1plus+​rt), and elementary algebra to find the missing…

A: The future value formula is given by,

Q: You take out a $12,000 car loan that has a 3.5% annual simple interest rate. Write an equation for…

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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: Use the future value formula to find the indicated value. n = 45; i = 0.03; PMT= $90; FV = ? FV = $…

A: We need to find the future value (FV) given that  n=45 ; i=0.03 ; PMT=$90

Q: Q2: A company has additional money to invest for future funds growth. If the selected investment…

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Q: To save money for a sabbatical to earn a master’s degree, you deposit $2500 at the end of each year…

A: (a) Find the total amount of money saved at the end of five years. Deposited amount is $2500 at the…

Q: r to start a small business a student takes out a simple interest loan for $7000 for 6months at the…

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Q: Use the future value formula to find the indicated value. FV = $3548; n = 8; i = 0.08; PMT = ? PMT =…

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Q: A principal earns 9% per year simple interest. How long will it take for the future value to double?…

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Q: At the end of each quarter, David deposits $300 into a savings account that earns 3.92% interest…

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Q: Find the simple interest on a $2,000 investment made for 5 years at an interest rate of 5% per year.…

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Q: 14,000 is invested for 3 years at an annual simple interest rate of 16%. (a) How much interest will…

A: a) Consider the given data, Principal, P=14000Rate, R=16%Time, T=3 year The Simple Interest will be…

Q: Find the future value of each deposit if the account pays (a) simple interest, and (b) interest…

A: We have to find the future value of each deposit if the account pays: a Simple interest: We can…

Q: Find the future value of the loan. Round your answer to the nearest cent. P=$300 r=3% t=9 years…

A: Given , P=$300 ,  r =3 % = 0.03 t  = 9 years

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: Chang deposits $5000 into an account that pays simple interest at an annual rate of 5%. He does not…

A: We have to calculate the total intrest and total amount change will get.

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: $12,000 is invested for 5 years at an annual simple interest rate of 18%.  - how much will be…

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Q: on. mate balance after 3 years? d. will give him the 16th birthday? money to buy a car. How much…

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Q: In order to start a small​ business, a student takes out a simple interest loan for ​$9000.00 for 6…

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

A: This question is based on simple interest formula.

Q: Use the future value formula to find the indicated value. n=41; i = 0.04; PMT= $107; FV = ?…

A: The future vale formula is  FV=PMT•(1+i)n-1i

Q: Use the formula for the value of an annuity to solve:To save money for a sabbatical to earn a…

A: Given: we have, p=$2500, r=0.0625,n=1 and t=5

Q: In order to start a small business, a student takes out a simple interest loan for 8000.00 for 3…

A: The objective is to find the interest and future value.

Q: Latanya Brown established an ordinary annuity of ​$1,000 annually at 9​% annual interest. What is…

A: We can use this formula to calculate the future value, Fututre value, FV = P×1+in-1i

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=?

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Q: In order to start a small business, a student takes out a simple interest loan for $6000.00 for 6…

A: Introduction: Simple interest is calculated by multiplying the daily interest on the principal by…

Q: eeds extra money to buy a truck to start up a delivery service. He takes out a simple interest loan…

A: Simple Interest: Simple interest is a method for calculating the amount of interest charged on a sum…

Q: Use the formula for the future value of an ordinary annuity to solve for n when A=6000 the monthly…

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Q: In order to start a small business, a student takes out a simple interest loan for $6000.00 for 9…

A: As we know that that the expression for the simple interest is given by: SI=P×r×t100 The future…