van wants to put some money into an investment fund that has paid, on average, 13.2% per ar, compounded semi-annually over the past 10 years. How much should he put into the nd if he wants to have $10 000 four years from now?

Q: Tom wants to have $6,000 in three years. At 4.75% interest compounded monthly, how much does he need…

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Q: A company needs $7,000,000 in 10 years in order to expand their factory. How much should the company…

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Q: Samuel is going to invest $4,900 and leave it in an account for 14 years. Assuming the interest is…

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Q: Regina wants to have$280,000 in 20 years to buy a vacation home. To reach this amount, how much…

A: Consider the given information. The total amount after 20 years is $280,000. The total number of…

Q: How much should Linda Bryan set aside now to buy equipment that costs ​$8,000 in one​ year? The…

A: For simple interest, the amount formula is, A = P + PRT100 and for compound interest, the formula is…

Q: How much should she set aside now

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Q: Lily is going to invest $750 and leave it in an account for 18 years. Assuming the interest is…

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Q: Rochelle invested $100 at the end of every month into an RRSP for 11 years. If the RRSP was growing…

A: Given information Initial principal balance P=$100 Rate of interest r=4.60% ⇒r=4.60100=0.046 Period…

Q: Tom wants to have $6000 in three years .at 4.75% interest compounded monthly how much does he need…

A: used formula : A=P(1+ r/n )nt   where A=final amount  P=principal or initial amount r=annual…

Q: Oliver is going to invest $2,500 and leave it in an account for 18 years. Assuming the interest is…

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Q: How much do you need to invest at the beginning of each of the next 60 months in order to have a…

A: Since the given amount of $100,000 is deposited at beginning of each month, it is annuity due.Then…

Q: How long will take it for money to quadruple itself if invested at 20% compounded quarterly? 9.5…

A: Compound Interest Formula:A=P1+rnWhere P= Initial amount           r= interest rate per period…

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: How much must be invested at the beginning of each year at 11%, compounded annually, to pay off a…

A: Given: The future value is $60,000. The time duration is 8 years. The interest rate is 11%…

Q: Mason is going to invest in an account paying an interest rate of 5.3% compounded quarterly. How…

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Q: An investment fund pays 5% per year, compounded semi-annually, on all money invested. How much must…

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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: Jen wants to have $21,000 in 10 years. Calculate how much she should invest now at 6% interest,…

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

Q: A newborn child receives a $20,000 gift toward a college education from her grandparents. How much…

A: Given that  A baby recives 20000 Interest rate is 7% for 17 years  To find the amount will receive…

Q: How much should be invested now at 6.15% compounded annually to have $35,000 in 16 years?

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Q: Carter invested $16,000 in an account paying an interest rate of 5.6% compounded monthly. Assuming…

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

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Q: Peyton is going to invest $310 and leave it in an account for 16 years. Assuming the interest is…

A: Principal amount:  P = $ 310 Total time period is: t = 16 years Interest is compounded quarterly.…

Q: If Amy needs $15,000 in years 6 for a down payment on a home how much should be invested today at…

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Q: Find the interest rate needed for an investment of $8,000 to triple in 15 years if interest is…

A: To find the interest rate needed for an investment of $8000 to triple in 15 years if interest is…

Q: How much will you get out after 12 years if you put away 1800 at 6% compounded monthly?

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Q: An investment fund pays 10% per year, compounded quarterly, on all money invested. How much must be…

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Q: What will the final amount be in 1 1/2 year if P8,000 is invested at 9.2% compounded monthly.?

A: Given that : Principle = $8000 Rate = 9.2 % per year = 9.2% / 12 per month Time = 1 (1/2) year = 18…

Q: An investment fund pays 9% per year, compounded quarterly, on all money invested. How much must be…

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Q: How much money should John invest today into a fund that earns interest at 3.50% compounded…

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Q: How much should be invested now at 7.45% compounded semiannually to have $39,000 in 20 years?

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Q: How much must be invested at the beginning of each year at 10%, compounded annually, to pay off a…

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Q: How long will it take for P65, 000 to amount to P98, 400 if compounded quarterly at 10.24% interest?

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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: 2. Suppose Carlo has P34,500 to invest but wants P40,000 for a new pair of branded rubbershoes. He…

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Q: A newborn child receives a $7,000 gift toward a college education from her granparents. How much the…

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Q: How long will it take to triple an investment at 4.6 percent per year, compounded quarterly? Round…

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Q: Madison is going to invest in an account paying an interest rate of 5.1% compounded quarterly. How…

A: Let the amount invested in the account be P Final value of amount in the account(A) is $310 Number…

Q: Shawn invested $130 at the end of every month into an RRSP for 13 years. If the RRSP was growing at…

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Q: How much should a business save at the end of every quater if they need $100,000 in 5 years to pay…

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Q: . An investment fund pays 12% per year, compounded monthly, on all money invested. How much must be…

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Q: If you have $5000.00 to invest at a rate of 3.5% compounded monthly, how long would it take to save…

A: The savings obtained by investing an amount P at an interest rate of r % (compounded monthly) for t…

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: Find how much Sally would have to invest now at 6.25% compounded quarterly in order to have $15,000…

A: This question is based on compound interest.

Q: Morgan is going to invest $8,200 and leave it in an account for 10 years. Assuming the interest is…

A: A=$16500 P=$8200 t=10 years n=12 (compounded monthly) We have to found intrest rate

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 $10,000 for 5 years at an interest rate of 5% if the…

A: We will find out the required value.

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: