You deposit $500 each month for 15 years into an account earning 6% interest compounded monthly. Round to the nearest cent as needed. b)How much will you have in the account in 15 years?   c) How much total interest will you earn?

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Q: You deposit $5000 each year into an account earning 6% interest compounded annually. How much will…

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Q: You deposit $100 each month into an account earning 7% interest compounded monthly. Round to the…

A: NOTE: Refresh your page if you can't see any equations. . here we have PMT=100 r=7%=0.07 n=12 for…

Q: You deposit $4000 in an account earning 4% interest compounded monthly. How much will you have in…

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Q: How much will he have in the account after 30 years?

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Q: You deposit $100 each month into an account earning 2% interest compounded monthly. a) How much will…

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Q: You deposit $4000 each year into an account earning 8% interest compounded annually. How much will…

A: To determine the cumulative amount accrued by the investment under the given terms.

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Q: You deposit $1,000 in an account at the Lifelong Trust Savings and Loan that pays 2% interest…

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Q: You deposit 1000 each year into an account earning 6% interest compounded annually. How much will…

A: This is the problem related to financial mathematics and we are advanced math expert and have option…

Q: You deposit $200 each month into an account earning 2% interest compounded monthly. a) How much…

A: Given:         Monthly deposit =$200         Interest rate =2%=2100=0.02 Formula used: Future value…

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Q: You deposit $100 each month into an account earning 6% interest compounded monthly. a) How much will…

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Q: The owner of Oak Hill Squirrel Farm deposits $1,000 at the end of each quarter into an account…

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Q: In order to help pay for college, the grandparents of a child invest $2450 in a bond that pays 15%…

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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: How much would you need to deposit in an account each month in order to have $20,000 in the account…

A: We know that Simple interest = PTR/100 Here Time is 7 years and Rate is 6%  Amount is 20000$. Amount…

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

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Q: A laptop was bought for 10,000 php plus a monthly installment of 4,500 php scheduled to be paid at…

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Q: You deposit $430 each month into an account earning 4.8% interest compounded monthly. a) How much…

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Q: You deposit $300 each month into an account earning 4% interest compounded monthly. Round to the…

A: a) P=$300 r=0.04 n=12 t=20 So,

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A: Given: The required amount in future is $20,000. The interest rate is 2%. The time duration is 8…

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Q: In order to accumulate enough money for a down payment on a house, a couple deposits $327 per month…

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Q: You deposit $3000 each year into an account earning 2% interest compounded annually. How much will…

A: Topic - Compound Interest

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

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Q: You deposit $1000 each year into an account earning 2% interest compounded annually. How much will…

A: Given:   P = 1000    r = 2% = 2/100 = 0.02    t = 20    n = 1 ( compounded annually )

Q: You deposit $1000 each year into an account earning 3% interest compounded annually. How much will…

A: Given, every year $1000 is deposited with 3% compound interest annually. here we shall use the…

Q: You deposit $4000 each year into an account earning 8% interest compounded annually. How much will…

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Q: Determine the amount of money accumulated after 15 years if $1, 000 is invested in an account that…

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Q: Snape made a deposit of $495 into an account that pays 3% interest compounded annually. How much…

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Q: You deposit $400 each month into an account earning 6% interest compounded monthly. How much will…

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Q: You deposit 130 each month into a savings account that pays 5.5% compounded monthly. How much will…

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Q: You deposit $1,000 in an account at the Lifelong Trust Savings and Loan that pays 4% interest…

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Q: You deposit $3000 each year into an account earning 2% interest compounded annually. How much will…

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Q: $5000 are invested in a bank account at an interest rate of 5 percent per year.

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