Find the future value if $3000 is invested for 13 years at 11% compounded annually

Q: According to the Federal Reserve, from 1971 until 2014, the U.S. benchmark interest rate averaged…

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Q: What is the future value if $9000 is invested for 9 years at 10% compounded semiannually? (Round…

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Q: Find the future value and interest earned if $8904.56 is invested for 9 years at 4% compounded…

A: Future value is,

Q: Find the future value of each deposit if the account pays (a) simple interest, and (b) interest…

A: When the interest is simple, then the formula used is A=P(1+rt) , where, A is the final amount, P is…

Q: A graduate gets a good job and decides to save $200 per month into a 401K fund on payday, the last…

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Q: QUESTION 3 If an account starts with $17,000 and earns 5% interest per year, compounded quarterly,…

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Q: Find the future value. $1972 invested for 12 years at 4% compounded quarterly

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Q: Find how much money needs to be deposited now into an account to obtain $7,200 (Future Value) in 8…

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Q: Angela deposits $3500$⁢3500 into an account with an APR of 2.7% for 12 years. Find the future value…

A: F. V. =P(1+r/n) nt

Q: 3. Find the future value if 1000 dollars is invested at interest rate 3% compounded semi-annually…

A: Given that $1000 is invested for a 3% compound interest semi-annually for 2 years.

Q: Use the formula for computing future value using compound interest to determine the value of an…

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Q: If $16,000 is invested at 10% for 20 years, find the future value if the interest is compounded…

A: Solution: The objective is to find the future value

Q: Find the future value of a $20, 000 annual income stream if it is invested immediately as it is…

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Q: If $1737 is invested at 5.74% for 4 years, find the future value if the interest is compounded semi-…

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Q: Find the future value if $11,000.00 is invested for 7 years at 6% compounded annual. The future…

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Q: Find the final amount of money in an account if $1,600is deposited at 4.5%interest compounded…

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Q: Find the future value of the given amount. Round the result to the nearest cent. $1200 at 5%,…

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Q: If $16,000 is invested at 8% for 12 years, find the future value if the interest is compounded…

A: Given that  If $16,000 is invested at 8% for 12 years To find the future value if the interest is…

Q: A savings account is opened with a $3,000 deposit. If the account earns 6.5% interest, compounded…

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Q: Find the future value. $1417.32 invested for 6 years at 4% compounded monthly

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Q: If $3,000 is compounded annually at 6.5% for 13 years, what is the future value

A: Given, $3,000 is compounded annually at 6.5% for 13 years, We have to find the future value of the…

Q: Angela deposits $4000 into an account with an APR of 4.6% for 12 years find the future value of the…

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Q: Find the interest rate required for a principal of 15000 OMR to produce a future value 40000 OMR in…

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Q: A couple deposits 24,000 into an account earning 5 percent annual interest for 20 years. Calculate…

A: Given, P=24000   Interest  =r= 5% Time =t =20 years The investment compounded daily. n=365

Q: A bank offers an investment account with an annual interest rate of  1.28%  compounded monthly.…

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Q: Find the present value given the future value of $73,271 at   714714% compounded weekly  for 15…

A: Consider the given information.

Q: Find the future value of each deposit if the account pays (a) simple interest, and (b) interest…

A: We have to find the future value of each deposit if the account pays: a Simple interest: We can…

Q: Find the future value of an account when $2250 is invested at 3.2% simple annual interest for 5…

A: formula:- simple interest(S.I.)= (P×R×T)/100 Then , future value =S.I.+P

Q: A couple deposits $25,000 into an account earning 5 % annual interest for 20 years. Calculate the…

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Q: Find the future value of an account when $2250 is invested at 3.2% interest compounded quarterly for…

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Q: If $4236 is invested at 2.08% for 3 years, find the future value if the interest is compounded…

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Q: The payment of 500 php is to be made at the end of every 6 months. How much is its future value…

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Q: What is the future value if $12,000.00 is invested for 4 years at 7% compounded every 4 months? The…

A: A=p(1+r/n)^nt

Q: A principal of $300 is invested at 7% for 1 year Determine the future value if the interest is…

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Q: Find the future value and interest of $8000 at 3 1/2% compounded monthly for 10 years. A. Future…

A: Given present value(PV) is $8000. Interest is 312% annual rate compounded monthly. time n=10…

Q: Use the formula for computing future value using compound interest to determine the value of an…

A: Monthly interest rate and future value will be calculated using the formula,

Q: Find the Future Value if you invest $835 at 3 1/2 % compounded semiannually for 6 years.

A: From the given data Principal value(PV)=$ 835 Interest =r= 7/2 %= 3.5%=0.035 Compounded semi…

Q: Suppose that $4950 is invested at 9.0% interest, compounded monthly for 27 months. (a) Find the…

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Q: What is the future value of $115,000 invested for 5 years at 8% compounded monthly? Answer the…

A: The given data is: Present value PV=$115000Time t=5 yearsRate r=8%  To find the future value.

Q: Find the future value if $7000 is invested for 7 years at 7% compounded annually

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Q: each month for 9 years and the interest rate is 7.2% compounded monthly. N= FV=

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Q: Find the future value of a $30, 000 annual income stream if it is invested immediately as it is…

A: Solving the problem by finding the value of compound interest.

Q: What is the future value if $7,000.00 is invested for 3 years at 8% compounded every 2 months?

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Q: Find the future value if $9000 is invested for 13 years at 13% compounded annually. (Round your…

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Q: Find the future value, using the future value formula and a calculator. (Round your answer to the…

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Q: 25. CORPORATE SAVINGS Dayton Tires has $180,000 to invest for I year. Find the future value if it…

A: a. Given : Rate of interest = 2% =2100 Principal = $ 180000 Time = 1 year Hence,  A=P(1+rn)nt =…

Q: Find the future value if $6000 is invested for 10 years at 7% compounded annually. (Round your…

A: The invested amount is $6000 for 10 years at 7% compounded annually.

Q: Find the future value if $3000 is invested for 5 years at 8% compounded annually.

A: Consider the formula to find the future value FV=PV1+iffn where PV is the present value, i is the…

Q: If $16000 is invested at 8% for 12 years, find the future value if the interest is compounded…

A: Note:-         Formula for compound interest is         A=P1+rnnt →          *         A= Final…