You deposit $4000 in an account earning 7% interest compounded monthly. How much will you have in the account in 15 years?

Q: Kellee deposits​ $5000 in a savings account with an interest rate of​ 0.9% compounded monthly. If…

A: From the given information, it is observed that Kellee deposited $5000 that is, P = $5000 with the…

Q: You deposit $3000 in an account earning 5% interest compounded monthly.  How much will you have in…

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Q: you deposit $5000 in an account earning 3% interest compounded monthly. how much will you have in…

A: We have given,

Q: You deposit $400 in an account earnings 3% interest compounded annually. How much will you have in…

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Q: You deposit $3000 in an account earning 3% interest compounded monthly. How much will you have in…

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Q: You deposit $6000 in an account earnings 3% interest compounded monthly. How much will you have in…

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Q: You deposit $400 in an account earning 4% interest compounded annually. How much will you have in…

A: Given: Deposited amount  P0=400           Interest R=4%           Compounded anually n=1…

Q: You deposit $8400 into an account earning 6% interest compounded quarterly. How much interest will…

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Q: You deposit $175 in an account that pays 4% interest compounded quarterly. How much will you have in…

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

Q: deposit $4000 in an account earning 2% interest compounded monthly. How much will you have in the…

A: Given that; Principal {p} = $ 4000 Rate (r) = 2%  Time = 10 years By using the compound interest…

Q: You deposit $2000 in an account earning 2% interest compounded monthly. How much will you have in…

A: given, principal (P)=$2000           interest  rate (R)=2%= 2/100 =0.02     (for compounded monthly…

Q: You deposit $300 in an account earning 6% interest compounded annually. How much will you have in…

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Q: You deposit $3000 in an account earning 4% interest compounded monthly. How much will you have in…

A: The formula of compounded interest is P'=P1+rnnt where P= original principal sum P'=new principal…

Q: January, Joanna deposited $250 into her savings account. In February, she deposited an additional…

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Q: You deposit $3000 in an account earning 8% interest compounded monthly. How much will you have in…

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Q: You deposit $6000 in an account earning 7% interest compounded monthly. How much will you have in…

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Q: How much will you have in an account after 25 years if you put $1900 per month in the account earns…

A: Amount after t years on investing Principal amount of $P in an account with R% of rate of interest…

Q: You deposit $400 in an account earning 7% interest compounded annually. How much will you have in…

A: Given  Principal P=400 Rate of interest r=7% year t=10 number of compounded n=1 we know that…

Q: You deposit $6000 in an account earning 5% interest compounded monthly. How much will you have in…

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Q: You deposit $3000 each year into an account earning 4% interest compounded annually. How much will…

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Q: You deposit $2000 in an account earning 3% interest compounded monthly. How much will you have in…

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Q: You owe $17,000 on student loans at an interest rate of 3.5% compounded monthly. You want to pay off…

A: This question is related to principal, amount ,and loan . Solve in step 2.

Q: You deposit $600 in an account earning 6% interest compounded annually. How much will you have in…

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Q: You deposit $4000 in an account earning 6% interest compounded monthly. How much will you have in…

A: Compound interest formula is A=P1+rnnt A = final amountP = initial principal balancer = interest…

Q: you deposit $300 each month into an account earning 2% interest compounded monthly. How much will…

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Q: You deposit $400 in an account earning 4% interest compounded annually. How much will you have in…

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Q: You deposit $1,000.00 in an account earning 5.74% interest compounded weekly. How much will you have…

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Q: Sam begins saving for a down payment on a house using an investment account. The account earns…

A: Let's find.

Q: You deposit $4000 each year into an account earning 4% interest compounded annually. How much will…

A: The provided information is  FV=P*((1+r)n-1r)FV=4000*((1+0.04)15-10.04)FV=80094.35FV=80094FV= Future…

Q: You deposit $1,000.00 each year into an account earning 5% interest compounded annually. How much…

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Q: You deposit $4000 in an account earning 8% interest compounded monthly. How much will you have in…

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Q: You deposit $2000 each year into an account earning 2% interest compounded annually. How much will…

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Q: You would like to have $500,000 when you retire in 40 years. How much should you invest each quarter…

A: According to question Final amount = A = $ 500,000 Time = t = 40 years Compounded quarterly implies…

Q: loan of $12,000 is made at 6% interest, compounded annually. After how many years will the amount…

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Q: A youth sports league receives a ​$30,000 donation for building a new snack bar and office building.…

A: A=P1+rnntFor quarterly, n=4

Q: You deposit $600 in an account earning 7% interest compounded annually. How much will you have in…

A: Initial amount=P= 600 Interest rate= r= 7%=0.07  Time=t= 20 years Number of times compounded in a…

Q: You deposit $500 each month into an account earning 3% interest compounded monthly. How much will…

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Q: You deposit $2000 in an account earning 6% interest compounded monthly. How much will you have in…

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Q: You deposit $4000 in an account earning 6% interest compounded monthly. How much will you have in…

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Q: You deposit $6000 in an account earning 7% interest compounded monthly. How much will you have in…

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Q: You deposit $300 in an account earning 7% interest compounded annually. How much will you have in…

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Q: You deposit $2000 in an account earning 4% interest compounded monthly. How much will you have in…

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Q: You deposit $2000 in an account earning 6% interest compounded monthly. How much will you have in…

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Q: You deposit $300 each month into an account earning 6% interest compounded monthly. How much money…

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Q: You deposit $2000 in an account earning 7% interest compounded monthly. How much will you have in…

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Q: when you retire in 15 years. If you can earn 3%

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Q: Shayla deposited $6,000 into an account earning 5% interest per year, compounded every 6 months. She…

A: Please check step 2 for the solution.!

Q: You deposit $200 in an account earning 4% interest compounded annually. How much will you have in…

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Q: Ruben invested $1500 per year in an IRA each year for 6 years earning 5% compounded annually. At the…

A: Here, given that Ruben invested $1500 per year in an IRA each year for 6 years earning 5% compounded…