If you save $270 per quarter for retirement in an account that earns 8% interest per year compounded quarterly how much will you have after 38 years?

Q: If you have $5000,00 to invest a rate of 3.5% compounded monthly, how long would it take to save…

A: Given investment(P) = $5,000.00 interest rate(r) = 3.5% per annum Final amount(A) = $15,000.00 The…

Q: How much will have to be invested at the beginning of each year at 6%, compounded annually, to pay…

A: If P is the principal amount invested compounded annually at a rate r for time t years then the…

Q: You invested $9,000 at the end of each quarter for 8 years in an investment fund. If the balance in…

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Q: How many years are required for your money to triple if it is invested at 9% compounded? a. annually…

A:

Q: A $5000 investment is made in a savings account that pays 10%/a compounded quarterly. How long will…

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Q: A newborn child receives a $5,000 gift toward a college education from her grandparents. How much…

A:

Q: If you have $30,000 in a bank account that is paying an interest rate of 4 percent that is being…

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Q: If you need $8000 to travel to Europe after you graduate in 4 years.  How much would your monthly…

A: The compound interest formula is,

Q: At age twenty six , Dick shoemaker desposited 2,000 into an IRA , where it earns 3% compounded…

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Q: find the amount of money you Will have after 20 years if you inrest $ 25,000 at a rate of 12% if…

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Q: If you invested $2,300 at 12% interest, compounded daily, then how much would this investment be…

A: Given : $2300 is invested at 12% interest, compounded daily

Q: how much will a invesment of $500 be worth after 7 years if it earned a yearly rate of 7.2%…

A:

Q: If you invested $10,000 at 9% interest, compounded quarterly, then how much would this investment be…

A:

Q: An investment of 10,000 yields 8% interest compounded quarterly. What will be the accumulated…

A: Given    present value= 10000 interest rate=8% compounded quarterly

Q: How much will $12,700 become if it earns 8% annual interest, compounded quarterly, for 60 years?

A:

Q: Matilda and Horace open a retirement account with $120,000. How many years will it take for the…

A: Find the time taken for the amount $120,000 to grow to $800,000 if it grows at a rate of 4.5%…

Q: A company needs $4,000,000 in 6 years in order to expand their factory. How much should the company…

A: Given: a company needs $4,000,000 in 6 years to expand their factory.

Q: How much will you get out after 12 years if you put away 1800 at 6% compounded monthly?

A:

Q: 3. Francisco invest $10,500 at a annual rate of 6% compounded monthly per year. How much money will…

A: Given, P=$10,500 r=6% t=8 years Compounded monthly

Q: An investment fund pays 10% per year, compounded quarterly, on all money invested. How much must be…

A:

Q: If Frank invests $11,400 at 3.7% interest compounded quarterly, how much will his investment be…

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Q: If you invest $3000 at 5% compounded quarterly, how long will it take the account to double in time?…

A: P=3000,  r=5%=0.05,  n=4

Q: If you invest $7,000 in an account paying 3% interest compounded quarterly: how much will be in the…

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Q: How much money should be invested in an account that earns 6% interest,  compounded monthly, in…

A: Formula to be used

Q: an

A: Given that : Accounting pay = 7% In-order to calculate the future value factor formula = (1 +…

Q: An investment fund pays 9% per year, compounded quarterly, on all money invested. How much must be…

A:

Q: How much will you have after 25 years if you put $2000 per month in the account that instead earns…

A: The solution is given below:

Q: If you invest $1,000,000 in an account paying 12%, how much will you have after 20 years if the…

A: Given: Principle amount (P)= $1,000,000 Rate of interest r=12% Time period= 20 years

Q: What monthly payments should Angela pay to save $93,000 in 19 years if money can earn 4.8%…

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Q: A newborn child receives a $7,000 gift toward a college education from her granparents. How much the…

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Q: How much should be invested today in an account earning 6% compounded quarterly, if you need $35,000…

A: A=P(1+(r/n))nt where A = final amount P=initial amount r=interest rate in decimal n=number of…

Q: At the birth of their child, how much should a couple invest to have $20,000 on the child's 18-th…

A: The principal investment required to get a total amount of $20,000.00 from compound interest at a…

Q: Given the principal of $5000 and an investment that pays 8% interest, compounded monthly. How much…

A: Consider the given information.   The principal amount is $5000 at the rate of 8% and invested for 7…

Q: If you invest $1,000,000 in an account paying 12%, how much will you have after 20 years if the…

A:

Q: Madison is going to invest in an account paying an interest rate of 5.1% compounded quarterly. How…

A: Let the amount invested in the account be P Final value of amount in the account(A) is $310 Number…

Q: A newborn child receives a $8000 gift toward a college education from her grandparents. How much…

A: Topic = Algebra

Q: An investment fund pays 3.25% per year, compounded monthly, on all money invested. How much interest…

A:

Q: If it takes 12 years and 5 months to double your money (compounded quarterly), how long would it…

A: To determine the time t it will take for the investment to double.

Q: How much should a business save at the end of every quater if they need $100,000 in 5 years to pay…

A:

Q: A loan of $47,000 is made at 6.75% interest, compounded annually. After how many years will the…

A: The principal amount of loan is $47000. The rate of interest per year is 6.75%. The amount with…

Q: . An investment fund pays 12% per year, compounded monthly, on all money invested. How much must be…

A:

Q: How much should be deposited now in order to have $45,000 in 8 years, if the account earns 6.57%…

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Q: If $5000 is invested for 8 years at 6% compounded monthly, how much interest will be earned?

A: Given that $5000 is invested for 8 years at 6% compounded monthly. It is required to find the amount…

Q: How many years will 100 000 earned a compound interest of 500 000 if the interest rate is 9%…

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Q: How much should you set aside and invest in a fund earning 9% compounded quarterly if you want to…

A: We need to find the amount of money that must be invested to accumulate P200,000 in 3 years and 3…

Q: How long would it take to double your money in an account paying 6% compounded quarterly?…

A: Use the following formula to calculate amount, as follows: A=P1+r100n

Q: How much more will an investment of $10,000 be worth after 25 years if it earns 6% compounded…

A:

Q: nora is thinking of investing an amount of P30,000  8.5% compounded annually

A: Given,Present Value, PV=30,000Rate of interest,r=8.5 compounded annuallyTime period, n=2.5 years

Q: Suppose your savings account pays 8% interest compounded quarterly. If you deposit $15,000 for two…

A: Given: Interest rate r = 8% r = 0.08 Deposit amount or principal amount P = 15000 Time period t = 2…

Unitary Method

The word “unitary” comes from the word “unit”, which means a single and complete entity. In this method, we find the value of a unit product from the given number of products, and then we solve for the other number of products. 

Speed, Time, and Distance

Imagine you and 3 of your friends are planning to go to the playground at 6 in the evening. Your house is one mile away from the playground and one of your friends named Jim must start at 5 pm to reach the playground by walk. The other two friends are 3 miles away.

Profit and Loss

The amount earned or lost on the sale of one or more items is referred to as the profit or loss on that item.

Units and Measurements

Measurements and comparisons are the foundation of science and engineering. We, therefore, need rules that tell us how things are measured and compared. For these measurements and comparisons, we perform certain experiments, and we will need the experiments to set up the devices.