Your 4 year investment of $21,000 received 13.6% interest compounded quarterly. What is your total return? *

Q: sted is compounded monthly rather than compounded annually?

A: We cannot add funds to the present account so annuity will cover the present worth but cannot be…

Q: Find the effective annual yield to the nearest hundredth of a percent for an account paying 2%…

A: For compounded monthly, n=12

Q: Find the amount of an investment of $25,000 earning 6% interest for 3 years compounding quarterly

A: Given that $25,000 is invested earning 6% interest for 3 years compounding quarterly. It is required…

Q: Vicki Kakounis bought a television set with money borrowed from the bank at 8% interest compounded…

A: The rate of interest is given as 8% The interest is compounded quarterly  In a year, there are 4…

Q: The Get Rich Investment Group had a $25,000 investment grow to $40,000 over a ten- year period. The…

A: To find the interest rate

Q: Find the time required for an investment of 4,000 dollars to grow to 6,000 dollars at an interest…

A:

Q: If Landon invests $3,000 in a 6-year certificate of deposit at the annual rate of 7.75%, compounded…

A: Let A be the amount of future value of investment,then A can be calculated as follows

Q: Find the accumulated value of an investment of $20,000 at 5.25​% compounded annually for 12 years.…

A: The term per cent means for every hundred. A fraction whose denominator is 100 is called a…

Q: Find the amount that results from each investment.$500 invested at 8% compounded quarterly after a…

A: Given that, $500 invested at 8% compounded quarterly after a period of 212 years

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: Brian invests $11,500, at 6% interest, compounded semiannually for 2 years. Manually calculate the…

A: Compound interest

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

A:

Q: Your car loan payment extends for six years at 8% interest compounded monthly. After how many months…

A: To find the number of months required to pay off half of loan.

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: A credit card had an APR of 17.78% all of last year and compounded interest daily. What was the…

A:

Q: find the present value of $75,000 if interest is paid at a rate 3% per year, compounded monthly for…

A: Only you have to careful what the question saying...wheather it is compounded yearly or compounded…

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: A principal of $2000 is placed in a savings account at 3% per annum compounded annually. How much is…

A: A principal of $2000 is placed in a savings account at 3% per annum compounded annually.

Q: Find the total accumulated amountpresent in an account after investing $42,000 for 8 years at a rate…

A: Given Data: The amount invested is: P=$42000 The time period is: t=8 years The rate of compounding…

Q: If you invest $10,000 at an interest rate of 3.2% compounded monthly, when will your investment be…

A: Initial amount=P=$10000Final amount=A=$15000Interest rate=r=3.2%=0.032Time=t=?Number of times…

Q: What is the annual percentage yield of 5% compounded quarterly?

A:

Q: Find the time required for an investment of 5000 dollars to grow to 6600 dollars at an interest rate…

A: An investment of 5000 dollars to grow 6600 dollars at an interest rate of 7.5 percent per…

Q: A $5800 investment is made for a three-year period at an interest rate of 5.4% per year, compounded…

A:

Q: Find the present value of $30,000 due in 6 years at an interest rate of 8%/year compounded monthly.

A: Given:Find the present value of $30,000 due in 6 years at an interest rate of 8%/year compounded…

Q: Find the annual percentage  yield for an investment that earns 5 1/ 2% per year, compounded…

A: Given data: The amount is given by "A" The rate of interest per year is given by…

Q: Find the time required for an investment of 5000 dollars to grow to 7300 dollars at an interest rate…

A:

Q: Find the present value of 1,200 due in 3 years and 9 months if money is for 10%, compounded…

A:

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: . Shirl started to deposit P18,000 semi-annually in a fund that pays 5%E compounded semi-annually.…

A: Given query is to find the amount wccumy after 10 years.

Q: Nathan invested $3,500 in an account paying an interest rate of 3.5% compounded quarterly. Assuming…

A: Initial amount=P= 3500  Final amount=A=? Time= t=19 years  Interest rate=r= 3.5%= 0.035  Number of…

Q: Anibal invests $4,250 at 6% loterest, compounded quarterly for 1 year. Calculate the effective…

A: Consider the given information.

Q: Your RRSP savings of $50,000 are converted to a RRIF at 4.95% compounded monthly that pays $5,220 at…

A:

Q: Melissa has an offer from a credit card issuer for 0% APR for the first 60 days and 28.49% APR…

A:

Q: A deposit of $1000 is made into an account that earns interest at an annual rate of 5%. If allowed…

A: what would be the resulting total account balance if the interestcompounded monthly?

Q: c) Mr Jason deposited $5000 into an account paying 6% annual interest compounded monthly, how long…

A: Solution :-

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

A:

Q: Sarah deposited $15,000 in an investment fund that was growing at a rate of 3.00% compounded…

A: Please refer to the image below

Q: An investment of $9,550 is made in an account compounded quarterly at 8%. How much will the…

A: Topic = Algebra

Q: Brian invests $13,500, at 8% interest, compounded semiannually for 2 years. Manually calculate the…

A: Formula for compound interest : Here  P=13500r=8%=0.08A=?n=2t=2 years

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: Find the accumulated value of an investment of $15,000 at 7% compounded semiannually for 3 years.

A:

Q: A bank is offering a special four-year investment certificate paying 3.5% per year, compounded…

A: We can solve it by the mathod of finding compound interest.

Q: The Get Rich Investment Group had a $25,000 investment grow to $40,000 over a ten-year period. The…

A:

Q: A credit card had an APR of 23.83% all of last year and compounded interest monthly. What was the…

A: GIVEN   APR = 23.83%   COMPOUNDED MONTHLY  MEANS  n = 12 EFFECTIVE INTEREST = ?

Q: What is the purchase price on a car that has a $350 monthly payment for five years, financed at 6%…

A: Given query is to find the purchase price of the car.

Q: Find the interest rate for an $8000 deposit accumulating to $10,620.25, compounded quarterly for 6…

A:

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: As a new engineer, you wanted to earn and availed an investment insurance. Every month you are going…

A: