What is the initial value of an investment that has a value of $13,513.15 after 12 years at a 7% annual interest rate with annual compounding?

Q: What rate of interest compounded quarterly will yield an effective interest rate of 7%?

A: Effective interest rate=1+inn-1

Q: 33. What rate of interest compounded annually is required to triple an investment in 5 years?

A: Given, after 5 years investment is triple

Q: Find the effective yield of an investment that earns 5% compounded weekly. % round to the nearest…

A: Given ,  rate of interest = 5% weekly

Q: Find the effective yield of an investment that earns 3.8% compounded quarterly

A: The effective yield is calculated as follows:

Q: Find the effective yield of an investment that earns 4.75% compounded weekly. % round to the nearest…

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Q: Suppose $22,000 is invested in an account with an APR of 5.3%. a. If the interest is compounded…

A: Given: P=$22000 R=5.3% annually T= 6 years a) Compounded annually n=1 A=P1+R100nnT…

Q: Calculate, to the nearest cent, the future value FV (in dollars) of an investment of $10,000 at the…

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Q: What is the present value of an investment at 5% annual simple interest if it is worth $1250 in 18…

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Q: Find the interest rate needed for an investment of $9,000 to triple in 7 years if interest is…

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Q: Find the capital value of an asset that generates income at the rate of $5000 per year, assuming an…

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Q: $10,000 is invested for 10 years with an APR of 2% and quarterly compounding.

A: Given information P=$10,000 Rate of interest r=2%  ⇒r=2100=0.02 Time t=10 years For quarterly…

Q: What rate of interest compounded annually is required to triple an investment in 10 years

A: Compound interest formula: A=P 1+rnnt. Given that rate of interest compounded annually is required…

Q: Find the accumulated value of an investment of $15,000 for 5 years at an interest rate of 5% if the…

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Q: Find the time required for an investment of 5000 dollars to grow to 8200 dollars at an interest rate…

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Q: Find the effective yield for the investment. Round to the nearest hundredth of a percent. 6%,…

A: Rate of interest , r = 6% = 0.06 [ convert r to a ratio from percentage] Investment is compounded…

Q: find the compound interest of an investment of $7,500 at 12% compounded quarterly for 11 years

A: Please see the next step for the solution.

Q: Calculate the present value PV of an investment that will be worth $1,000 at the stated interest…

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Q: Find the effective yield of an investment that earns 2.85% compounded daily.

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Q: Find the compound interest on an investment of $18,000 at 8% compounded quarterly for 15 months.

A: In the given problem the investment is $18,000 , the rate of interest is 8%, the investment…

Q: Use the compound interest formula for compounding more than once a year to determine the accumulated…

A: We have to use compounded quarterly summation formula.

Q: Determine the time required for an investment of $1500 to double if it earns 4% interest compounded…

A: Principal amount:= 1500$                   Rate of Interest:= 4%…

Q: Use Table 11-1 to calculate the compound amount (in $) on an investment of $5,500 at 10% interest,…

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Q: What rate of interest compounded annually is required totriple an investment in 5 years?

A: Suppose the rate is  r at which the investment is triple in 5 years compounded annually.

Q: Find the effective yield of an investment that earns 4.1% compounded quarterly.

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Q: 2. How long will it take$5000 to grow to $20,000 if the investment earns interest at the rate of 6%…

A: Given data,  Initial amount (P) = $5000 Final amount (A) = $20000 Interest rate (r) = 6% = 0.06…

Q: What interest rate, to the nearest tenth of a percent, is required for an investment subject to…

A: Let P be the principal amount.

Q: Find the interest rate needed for an investment of $5,000 to triple in 13 years if interest is…

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Q: accumulated

A: Please refer to the image below

Q: Find the accumlated value of an investment of 14,000 at 5% compounded annualy for 20 years?

A: Given amount, time and rate

Q: What is the value of an investment of $3,500 after 2 years if it earns 1.5% compounded quarterly?

A: Compounded interest for an investment of P done for a period of t years at an interest rate of r…

Q: Find the annual percentage yield for an investment that earns 8% per year, compounded monthly.

A: We have to find the percentage yield for an investment that earns 8% per year compounded monthly. We…

Q: If 19300 dollars is invested at an interest rate of 7 percent per year, find the value of the…

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Q: If 10700 dollars is invested at an interest rate of 5 percent per year, find the value of the…

A: Since you have posted multiple questions, as per our policy we will answer first question. Please re…

Q: Find the principal P that must be invested at rate of 8%, compounded monthly, so that $1,000,000…

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Q: How much interest was earned by an investment that earns at a rate of 9% compounded semi-annually…

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Q: Find the time required for an investment of $5000 to grow to $8000 at an interest rate of 7.5% per…

A: A=P1+rnntFor compounded quarterly, n=4

Q: Find the time required for an investment of 5000 dollars to grow to 9000 dollars at an interest rate…

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Q: If 32100 dollars is invested at an interest rate of 5 percent per year, find the value of the…

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Q: What initial investment is required to produce a maturing amount of $15 000 in 60 months ' time…

A: From the given data, Maturing amount (A)=$15,000 Time (T)= 60 months = 5 years Compounded annually ,…

Q: Find the time required for an investment of 5000 dollars to grow to 6300 dollars at an interest rate…

A: An investment of $5000 to grow to $6300 at an interest rate of 7.5 % per year, compounded quarterly…

Q: If R8500 is invested in a saving account offering 5.4% per year, compounded semi-annually, the rate…

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Q: Find the accumulated value of an investment of $20,000 for 6 years at an interest rate of 6% if the…

A: a. 28515.22 b. 28590.06 c. 28640.89 d. 28666.59

Q: 12.) What is the rate on an investment that doubles $3171 in 14 years? Assume interest is compounded…

A: Let the rate of interest be r/ year.Since the interest compounded quarterly, the rate of interest…

Q: Find the interest rate needed for an investment of $3,000 to triple in 11 years if interest is…

A: To find the interest rate we use compound interest formula A=p1+rnnt where p is the amount invested…

Q: This type of calculation assumes the payment is to be done once a year while the compounding occurs…

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Q: If ₱1,000 is invested at 4% per annum compounded yearly, what is the value of the investment after…

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Q: Find the total investment after the given time. $58,000 at 5.5% compounded quarterly for 2 years.

A: To find the total investment after the given time. Given that , $58,000 at 5.5% compounded quarterly…

Q: Determine how much time is required for an investment to double in value if interest is earned at…

A: Given:Determine how much time is required for an investment to double in value if interest is earned…

Q: What is the total investment of $3500 compounded quarterly for 8 years at a rate of 5%? And what is…

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Q: Use the compound interest formula to determine the accumulated balance after the stated period.…

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