What is the future value of $115,000 invested for 5 years at 8% compounded monthly? Answer the question. (Round your answer to the nearest cent.) $=

Q: A house is rented for $6,800 per quarter, with each quarter's rent payable in advance. If money is…

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Q: future value.

A: Given that, The present value (PV) is $7,000. The number of compounding periods (n) is 24 (6 * 4).…

Q: What are the future value and the interest earned if $4000 is invested for 4 years at 8% compounded…

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Q: A house is rented for $6,900 per quarter, with each quarter's rent payable in advance. If money is…

A: Given:          Present value PV = $6,900          Rate of interest  r = 7%…

Q: According to the Federal Reserve, from 1971 until 2014, the U.S. benchmark interest rate averaged…

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Q: What is the future value if $9000 is invested for 9 years at 10% compounded semiannually? (Round…

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Q: What are the future value and the interest earned if $3800 is invested for 3 years at 8% compounded…

A: The formula for future value is as follows. FV=PV1+rnPV is the present valuer is the rate of…

Q: If $34,500 is invested at 6.8% for 30 years, find the future value if the interest is compounded the…

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Q: What is the future value of an account if $10,000 is invested at a rate of 3% compounded monthly for…

A: P=initial amount= 10,000 r=interest rate=3%=0.03 n=number of times compounded in a year= 12 t=number…

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

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Q: What are the future value and the interest earned if $3200 is invested for 4 years at 8% compounded…

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Q: A house is rented for $6,100 per quarter, with each quarter's rent payable in advance. If money is…

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Q: Find the future amount after 3 years of an account where $12,000 is invested at 3% compounded…

A: Find the compounded

Q: Find the future value of a $20, 000 annual income stream if it is invested immediately as it is…

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Q: What is the future value of $112,000 invested for 5 years at 9% compounded monthly?

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Q: A house is rented for $6,700 per quarter, with each quarter's rent payable in advance. If money is…

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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: What is the future value if $8400 is invested for 13 years at 8% compounded semiannually? (Round…

A: Given that Invested amount (P)= $8400 Time = 13 years Interest rate = 8% = 0.08 Annual compounds…

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

A: We have to solve

Q: at 10% compounded semiannually? 9. What are the future value and the interest earned if $3200 is…

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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: 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: Calculate, to the nearest cent, the present value of an investment that will be worth $1,000 at the…

A: Given:-A=$1,000Period (t)=5 years Interest rate (r)=5.7%=5.7100=0.057n=52Apply the fomula  Present…

Q: John Lee's savings account has a balance of $1,251.00. After 5 years, what will the amount of…

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Q: If $3,000 is compounded annually at 6.5% for 13 years, what is the future value

A: Given, $3,000 is compounded annually at 6.5% for 13 years, We have to find the future value of the…

Q: Eight thousand dollars has to be invested for 10 years. For each option below,…

A: P = $8,000 t = 10 years. a).

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

A: FV = P(1+TR)

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

A: Future Value: The future  value formula is given by FV=P1+rt where P is the principle, r is the…

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: 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: A house is rented for $7,400 per quarter, with each quarter's rent payable in advance. If money is…

A: Rent per quarter is $7400. So rent for 1 year without any interest will be 4×7400 = $29600. Now we…

Q: What are the future value and the interest earned if $4000 is invested for 6 years at 8% compounded…

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

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

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Q: What is the future value if $8500 is invested for 11 years at 12% compounded semiannually? (Round…

A: Given Principal Amount = P = $8500 Time = t = 11 years Interest rate = 12% compounded semiannually.

Q: What are the future value and the interest earned if $4000 is invested for 3 years at 8% compounded…

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

A: Given , years if a principal amount of ​$19,000 is deposited in an account at an annual interest…

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

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Q: What is the future value of $117,000 invested for 5 years at 10% compounded monthly?

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Q: A house is rented for $4000 per quarter, with each quarter's rent payable in advance. If money is…

A: Given house is rented for $4000 i.e. d=$4000 Interest rate r=3%=0.03  Number of compounding periods…

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…

A:

Q: What are the future value and the interest earned if $2600 is invested for 4 years at 8% compounded…

A:

Q: What is the future value of $4000 earning 12% interest, compounded monthly, for 8 years? (Round your…

A: Given that $4000 earning 12% interest, compounded monthly, for 8 years.

Q: A couple deposits $20,000 into an account earning 3.5% annual interest for 15 years. Calculate the…

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