. Harris wishes to find out how much would his P180,000 become after 5 years if he invests the amount at different rates and compounding periods. Determine the future value for each compounding period with its specific given rate. (Same choices for each prompts)

Q: Donna deposits $20,000 into an account that pays simple interest at a rate of 4% per year. Tony…

A: Donna deposits $20,000 into an account that pays simple interest at a rate of 4% per year. Tony…

Q: Angela deposits $⁢5500 into an account with an APR of 3.3% for 12 years. Find the future value of…

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Q: Kellee deposits​ $5000 in a savings account with an interest rate of​ 0.9% compounded monthly. If…

A: From the given information, it is observed that Kellee deposited $5000 that is, P = $5000 with the…

Q: ). How much will Katie need to save each month if she wants to put $55,000 down in cash on a hous In…

A: Formula for the annuity is  FV=R1+in-1i We are given FV=$55000n=2×12=24i=61200 (since 1 year = 12…

Q: For 8 years, $33 is deposited each week into an account that earns 2.1% interest, compounded weekly…

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Q: ew car. He knows he can invest money into an account which will earn 6.4% APP

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Q: Find the amount of money that results if $100 is invested at 4% compounded quarterly for 2 years.

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Q: Suppose that $1000 is invested  at8%, compounded quarterly.​How much is in the  account at the end…

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Q: Suppose $100 is withdrawn at the EOY 2026, emptying an account that earns 7% interest, compound…

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Q: Angela deposits $1500$⁢1500 into an account with an APR of 4.3%4.3% for 88 years. Find the future…

A: Given deposit amount P=$1500Interest rate r=4.3%=4.3100=0.043Compounded weekly  n=52Number of years…

Q: Reggie wants to find the future value of an investment of $3000 that earns 4.75% compounded monthly…

A: Given P= $3000, r= 4.75%=0.0475,t=30,n=12. We find future value A=?

Q: Marcus buys a $1250 certificate of deposit (CD) that earns 6.6% interest that compounds monthly. How…

A: See the handwritten solution

Q: Hannah places $ 6500 into an account earning 7.25% interest compounded continuously, how much will…

A: The formula for calculating the future value of  continuously compounded interest is, The given…

Q: Reggie wants to find the future value of an investment of $1500 that earns 5.25% compounded monthly…

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Q: Matthew deposits $818 in the bank. He is told that his account will earn 4% interest compounded…

A: Matthew deposits $818 in the bank. He is told that his account will earn 4% interest compounded…

Q: A community outreach program wants to set up a scholarship fund for students who demonstrate…

A: Formula for compound interest is,Intererst=invested amount1+interest ratenumber of times interest…

Q: Patrick deposited $8,000 into a CD paying 2.8% compounded continuously. How much will his account be…

A: Continuous Compounding Formula : A = P·er·t where P = initial investment r = rate of interest (in…

Q: A bond pays dividends of $110 at the end of each year. If the bond matures in 20 years, what is the…

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Q: City Wide Delivery Service uses vans costing $24,800 each. How much will the have to invest today to…

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