1. $3800 is to be repaid in quarterly payments for 6 years with interest at 6.5% per year, compounded quarterly. Which are the correct values for PV, i, and n? a. $3800, 0.01625, 24 b. $3800, 0.0163, 24 C. $3800, 0.01083, 24 d. $3800, 0.065, 6

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A: For all of these problems, we can use the compound interest formula: A = P(1 + r/n)^(nt) where A is…

Q: $25,000 at 8% for 3 years compounded annually

A: I have used compound interest formula

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A: We have to find the amount after given time.

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A: Given: The average price of a compact car is $20,000.

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A: Solution : Given that The loan amount P=$11,000Interest rate  r=7%=7100=0.07Compounded monthly…

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A: We can solve maximum one question as per our guideline ,you can repost other parts

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A: Investment quarterly  Rate of interest : Total time period:  year

Q: What was the annual (yearly) interest rate?

A: Given principal amount p = $1000 Time = 18 months = 1.5 years Let r be interest rate

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