What is the future value of $12,000 invested in an account that pays 4.25% compounded quarterly for 8 years?

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: find the future value of an ordinary annuity of $3000 paid quarterly for 5 years, if the interest…

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Q: calculate the future value of $8000 earning 8% interest, compounded quarterly, for 10 years.

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Q: Find the future value of the indicated principal 30000 at 8% compounded annually for 10 years

A: To find: The future value of the amount 30000 at 8% compounded annually for 10 years. Given: The…

Q: Find out how much a retirement account based on a principal of $101401 compounded 4% quarterly after…

A: Let's find amount after 23 years.

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

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Q: What is the present value of an annuity that pays $X per month for 10 years, where X is 2028 if…

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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: In a certain account providing an interest rate of r compounded quarterly, 2500 is deposited every…

A: Given There are 2 cash flows "2500" with each occurring at the end of the quarter. The FV is given…

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

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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: 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 of the investment. (Round your answer to the nearest cent.) $5,000 for 6 years…

A: Given : Principle amount P = $5000 Time period t = 6 years Interest rate r = 4.75% compounded…

Q: If $1737 is invested at 5.74% for 4 years, find the future value if the interest is compounded semi-…

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

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Q: Find the future value of an annuity of $1300 paid at the end of each year for 10 years, if interest…

A: Use the formula: F=P1+in-1iwhere P is the regular payment amount i is the annual interest rate n is…

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: 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 final amount in a retirement account that has a 7.4% interest rate compounded quarterly…

A: To find the final amount in the retirement account

Q: (a) If you invest $5,000 in an account that earns an APR of 3% with quarterly compounding, what will…

A: P = 5000 APR = 3% t = 10 year

Q: How much loan will be extinguished for a monthly amortization of P4, 500.00 at 12% interest…

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Q: Calculate the future value of an investment of $3,500, after one year, if it is deposited in a…

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

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Q: Find the future value of the given amount. Round the result to the nearest cent. $6000 at 9%,…

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Q: How much shoulda parent invest at the beginning, at 8% interest compounded quarterly, to withdraw $…

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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: Find the maturity value and compound interest if 30,000 is compounded quarterly at an interest rate…

A: We have to find maturity value and compound interest.

Q: Find the present value of the future value of $1,000,000 invested at 12% interest compounded monthly…

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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: Mustafa purchases an annuity due paying 8% quarterly. If his payment is $4511, how much will its…

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Q: What are the future value and the interest earned if $3000 is invested for 5 years at 8% compounded…

A: The formula for compound interest is

Q: Find the future value of an annuity due with payments of $350 each year for 8 years at 4%,…

A: Use the formula for the future value of an annuity and substitute the given values.

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: A young man is the beneficiary of a trust fund established for him 21 years ago at his birth. If the…

A: Solution: P = $ 8000 r = 8% Using formula  A = P1+rnnt

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: Find the future value of an ordinary annuity of $8000 paid quarterly for 3 years, if the interest…

A: Given  Paid value (PV) = $8000time period (n)   = 3 yearsintrest rate (i) = 8%=0.08Future value (FV)…

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

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Q: Find the present value of $30,000 due in 4 years at the given rate of interest 6%/year compounded…

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Q: Find the future value if $6000 is invested for 10 years at 7% compounded annually. (Round your…

A: The invested amount is $6000 for 10 years at 7% compounded annually.

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: What is the present value of an annuity that pays $X per month for 10 years, where X is 2133 if…

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

A: Given information Present value = $921 Rate of interest = 5.5% Year = 7% r = quarterly rate

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…