You have Php 350,000 on hand. Which investment plan will yield the higher interest? A: 5% compounded monthly for 3 years B: 10% compounded semi-annually for 2 years C: 7% compounded annually for 2 years O A B, and C yield the same interest OC O A O B

Q: $19000 is invested for 5 years with an APR 3% and daily compounding, what is the balance in the…

A: We have to find future amount for given Questions.

Q: If the nominal interest rate is 14.5% per year compounded weekly, the effective annual interest…

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Q: Marwan provides a donation of $4291 to a college with the provision that a scholarship is paid at…

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Q: Mary's saving account has a balance of $7254. After 12 years at a rate of 4.2% compounded…

A: Note -  Acc. to Bartleby guidelines, we are supposed to do only one question. If you want more to be…

Q: Brad invests $2,700.00 in an account paying 10% compounded quarterly. How much is in the account…

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Q: Andrew deposited half of PhP 130,000 in a certificate of deposit (CD) paying 4% interest, compounded…

A: The compound interest formula is given by A=P(1+rn)nt. where, A is the final amount, P is the…

Q: You want to have $100,000 when you retire in 10 years. If you can earn 3% interest compounded…

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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: Marcelo invested $66,100 in a mutual fund at 4.2% compounded annually. After 4 years, the interest…

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Q: Brad has a government bond that will be worth $10,588.13 in seven years.  The bond has an interest…

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Q: How much would you need to deposit in an account now in order to have $2000 in the account in 5…

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Q: You want to have $200,000 when you retire in 25 years. If you can earn 9% interest compounded…

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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 want to have $500,000 when you retire in 30 years. If you can earn 4% interest compounded…

A: We have to set up the compound formula first.

Q: If Ms. Nabilog invests Php 1,000 in a savings account that offers an interest of 9% compounded…

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Q: B. Zoe made a fixed deposit of Php 100 000. After 2 years she got an amount of Php 144 000…

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Q: Maura received $1000 from friends and family for college graduation. If she deposits her money into…

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Q: You deposit $1000 each year into an account earning 4% interest compounded annually. How much will…

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Q: You deposit $4,000.00 each year into an account earning 2% interest compounded annually. How much…

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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: Springfield florist plans to replace it's delivery vehicle in three years . If they set aside $16000…

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Q: You deposit $2000 in an account earning 8% interest compounded monthly. How much will you have in…

A: You deposit $2000 in an account earning 8% interest compounded monthly.To determine how much will…

Q: You deposit $3200 in a bank with annual interest rate of 3.5% compounded annually. What would you…

A: The deposit is $3200, interest rate is 3.5% compounded annually. The balance amount be 5 years later…

Q: You deposit $4000 each year into an account earning 7% interest compounded annually. How much will…

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Q: If you decide to deposit $96 per month into an account earning 4.8% annual interest compounded…

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Q: Grace's bank has a Cerificate of Deposit with an APR of 5% compounded monthly. (a) If Grace deposits…

A: Here, the formula used is: CI=P1+rnnt Here, CI is compound interest, P is the principal amount, r is…

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

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Q: Find the balance if $23000 is invested in an account paying 6 % interest compounded quarterly for 11…

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Q: In 2012 the maximum Social Security deposit by an individual was $8,386.75. Suppose you are 25 and…

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Q: account

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Q: Find the value of a savings account with monthly deposits of $200 for two years into an account that…

A: Here we have to find the value of a savings account with monthly deposits of $200 for two years into…

Q: Jason started to deposit P20,000 quarterly in a fund that pays 2% compounded quarterly. How much…

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

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

A: Topic - Compound Interest

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: A $21 500 investment earns 5.25% interest, compounded quarterly.

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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: How much would you need to deposit in an account now in order to have $4000 in the account in 10…

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Q: Kim borrowed $9,000 at  2  3/8% interest compounded daily.  How much will she have to pay back…

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Q: You deposit $300 in an account earning 5% interest compounded annually. How much will you have in…

A: Here,  P= 300$ i = 5% = 0.05 n= 20 years

Q: In 2012 the maximum Social Security deposit by an individual was $8,386.75. Suppose you are 32 and…

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Q: You deposit $4000 in a bank with annual interest rate of 3.5% compounded monthly. What would your…

A: Here, P=$4000, n=1, r=0.035, and t=20.

Q: Delfina would like to save $450 at the end of every three months for the next 6 years in a savings…

A: a Here, interest is compounded annually. Amount is deposited every 3 months. Hence, deposited amount…

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

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Q: If you want to earn 15% annual simple interest on an investment, how much should you pay for a note…

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Q: On his 7th birthday, Lee was left with an inheritance. The inheritance will be paid in a lump sum of…

A: The value of the inheritance as of Lee’s 7th birthday= 4723.432

Q: You deposit $2000 each year into an account earning 7% 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 $40,000 in the account…

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