What is the future Value if 8000 is invested for 10 years at 8% compounded semiannually

Q: 3. Suppose you deposit $1000 in a college fund that pays 7.2% interest compounded annually. Find the…

A: From the given information, it is observed that P = $1000, r = 7.2% = 0.072, and t = 5 years. Note…

Q: Calculate the future amount if the deposited amount is P16,200 at 3% compounded continuously for 9…

A: The amount is given by the formula P=P0ert P0 is the amount deposited  r is the rate of interest t…

Q: $7400 is invested for 5 years at 12% compounded quarterly. To the nearest cent, find the following:…

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Q: $25

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Q: What will be the Future value on an investment account of $9497 compounded semiannually at 5% for 2…

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Q: A graduate gets a good job and decides to save $200 per month into a 401K fund on payday, the last…

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Q: Suppose that $1000 is deposited in a savings account that pays 6% per annum, compounded quarterly.…

A: Given: Initial deposit is 1000 dollars i.e. P=1000  dollars Rate of interest per year is 6% i.e.…

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: What will be the maturity value of ₱16,000 invested for 5 years at 15% compounded quarterly?

A: Formula: The compound interest formula is given by, A=P1+rnnt, where A-maturity value, P-principle…

Q: What are the future value and the interest earned if $3000 is invested for 6 years at 8% compounded…

A: The future value of an amount P invested at interest rate r (in decimals), compounded n times per…

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: The difference between the future values of a deposit accumulated for 10 years at a rate of 8%…

A: Given the difference between the future values of a deposit accumulated for 10 years at a rate of 8%…

Q: How much money will i have if I am going to deposit 1000$ every month starting now for 5 years if…

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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: What is the future value of $6000 earning 12% interest, compounded monthly, 6 years. Round to the…

A: Given,          P=$6000          r= 12%          n=12( compounded monthly)  And         t=6years

Q: Find the interest rate required for a principal of 15000 OMR to produce a future value 40000 OMR in…

A: The formula for compound interest is given by A=P1+rnnt, where A is amount, P is principle, r is…

Q: An investment company pays 4% compounded semi annually. Do you want to have 24,000 in the future.…

A: Given values:

Q: If $1000 is deposited in an account earning 1% simple interest, what is the future value in 5 years?

A: Given that, the investment amount I=$1000, interest rate r=1% and time T=5 years. It is known that,…

Q: Find how much money needs to be deposited now into an account to obtain $900 (Future Value) in 9…

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Q: Suppose you want to accumulate 120,00 for your retirement in 30 years. Make a single deposit into an…

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Q: what is the future value of $4000 earning 18% interest compounded monthly, for 8 years?  Round to…

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Q: A principal of $1000 is deposited in an account that pays 2.5% interest compounded yearly. Find the…

A: we will use the growing exponential model. y = a(1+r)t we have given principal amount P = $1000…

Q: What is the future value if $8300 is invested for 5 years at 10% compounded semiannually?

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Q: A family wants to have a $200,000 college fund for their children at the end of 17 years. What…

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

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Q: Suppose you invest $150 a month for 3 years into an account earning 9% compounded monthly. After 3…

A: Given- Suppose you invest $150 a month for 3 years into an account earning 9% compounded monthly.…

Q: what is the future value of $4000 earning 18% interest, compounded monthly, for 8 years? round your…

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Q: Find the principal amount required to produce a future value 60000 after 10 years at rate 4%…

A: The amount needed to be produced is 60000 OMR. The rate of interest is r=4%=0.04. The time period is…

Q: Suppose $10,000 is invested at an annual rate of 5% for 10 years. Find the future value if interest…

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Q: What is the future value of $4887 invested for 7 years at 8% compounded annually?

A: A=P(1+r)t

Q: What is the future value if $12,000.00 is invested for 4 years at 7% compounded every 4 months? The…

A: A=p(1+r/n)^nt

Q: A principal of $300 is invested at 7% for 1 year Determine the future value if the interest is…

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Q: monthly

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Q: Find the Future Value if you invest $835 at 3 1/2 % compounded semiannually for 6 years.

A: From the given data Principal value(PV)=$ 835 Interest =r= 7/2 %= 3.5%=0.035 Compounded semi…

Q: Suppose you invest $130 a month for 5 years into an account earning 8% compounded monthly. After 5…

A: As per bartleby guidelines, for more than one question only 1st one is to be answered. Please upload…

Q: If $2000 is invested at 4% interest compounded quarterly, what is the future value in 7 years ?

A: Initial amount =P= 2000 Time = t = 7 years Interest rate = 4% =0.04 Number of times compounded in a…

Q: What is the future value of $12,000 invested in an account that pays 4.25% compounded quarterly for…

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Q: Find the future value of 20000 Rial in 2 years' time if the interest rate is 8% compounded quarterly

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Q: Find the future value if $7000 is invested for 7 years at 7% compounded annually

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Q: Find the future value of a $30, 000 annual income stream if it is invested immediately as it is…

A: Solving the problem by finding the value of compound interest.

Q: Suppose your​ friend's parents invest $25,000 in an account paying 6% compounded annually. What will…

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Q: Suppose a state lottery prize is worth 7 million is to be paid in 10 payments of $700,000 each at…

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Q: What is the future value if $7,000.00 is invested for 3 years at 8% compounded every 2 months?

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Q: Syppose $175,000 is invested at an annuel Compute The future value of the investment aftel 20 years…

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Q: Suppose your​ friend's parents invest $25,000 in an account paying 6% compounded annually. What…

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Q: Find the future value if $3000 is invested for 5 years at 8% compounded annually.

A: Consider the formula to find the future value FV=PV1+iffn where PV is the present value, i is the…

Q: If $16000 is invested at 8% for 12 years, find the future value if the interest is compounded…

A: Note:-         Formula for compound interest is         A=P1+rnnt →          *         A= Final…

Q: Cori invests $9300 at an annual rate of 2.75% compounded annually for 5 ½ years. what is the future…

A: Cori invests $9300 (PV) Rate, i=2.75% Compounded annually Time, t=5.5 years