13. How long will an amount of P50,000 gain a simple interest of P10,000 at 4% per annum?

Q: 1) Lucy invests $6500 at 3.2% p.a. interest compounded annually. Find the value of her investment…

A: Direectly use the formula for compound interest

Q: Ex. 2: Bert makes deposits of $2000 semi-annually into an account that pays 4% interest, compounded…

A: Given problem:- Bert makes deposits of $2000 semi-annually into an account that pays 4% interest,…

Q: .If you deposit 6000RS into an account paying 6.5% annual interest compounded quarterly,  how long…

A: we need to find time when there is Rs12600 in the account

Q: 8. How long will it take for the $3200 to double compounded monthly at 3.5%?

A:

Q: Calculate the time needed on an investment of $800,000 to gain an interest of $28,800 if the…

A:

Q: An item will need replacing in 6 years from now at a cost of P128,000.00. How much should the owner…

A:

Q: If money is worth 4 % compounded monthly, what payment at the end of each quarter will replace…

A: The value of r compounded monthly , r=4% compounded monthly=412%  Number of months in each quarter =…

Q: 9. How much money should a company deposit in an account with a nominal rate of 7% compounded…

A: Topic= Algebra

Q: 1. ) Lucy invested 7000 Euros at 6% p.a. interest compounded annually. Find the value of this…

A: Dear student as per guideline we are allowed to solve one question at a time so i am solving…

Q: 3) Find the amount of time it would take for your balance to double at an interest rate of 8.75%.

A:

Q: How long will an amount of money triple at a simple interest rate of 1% per annum?

A: How long will an amount of money triple at a simple interest rate of 1% per annum?

Q: b) Suppose $50 is placed in a savings account at the end of each month for four years, If no further…

A:

Q: Suppose you invest $1000 in an account that pays 4.25% interest compound quarterly how long will it…

A:

Q: . In order to save for her 18th birthday, Yean decided to save P400 at the end of each month. If the…

A: According to the given information it is required to find the amount of money that will be in…

Q: Suppose that a person deposits $10,000 in a savings account at a bank yielding 11% per year with…

A: The compound interest formula : A=P1+rnnt, where , A= Final amount P=Principal or Initial…

Q: Suppose $2500 is invested at an annual percentage rate of 3.25% compounded quarterlyper year. A)…

A: The amount after 2 years is given by  A=P1+r100nt where r is the rate of interest and t is the time…

Q: 5) Erin invests 8000 pesos at 2.6% interest compounded quarterly. Find the value of her investment…

A: Using the formula of compound interest.

Q: 6. How many years will it take for $136,000 to grow to $468,000 if it is invested in an account with…

A: According to compound interest if the principle value P invested under r% compound interest per year…

Q: 23. A couple decides to invest $450 each quarter in a savings account that earns 3.6% compounded…

A: The accumulated amount is computed using the formula,