40,000 was put into an investment that pays a 3%  compounded bimonthly for 4 years. How much will it be after 4 years? (Answer should be rounded to two decimal place.

Q: A man needed P250, 000 at the end of 3 years, how much money must he deposit quarterly in an…

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Q: $2100 is invested at a rate of 7% compounded monthly. What is the amount after 10 years?

A: In compound interest, total amount is given by A=P[1+(r/n)]nt

Q: you deposit $5000 in an account earning 3% interest compounded monthly. how much will you have in…

A: We have given,

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

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Q: ou can afford monthly deposits of $190 into an account that pays 4.2% compounded monthly. How long…

A: Given information -  Monthly deposits = $190 Rate of interest = 4.2% The interest is compounded…

Q: George puts his bonus of $4,200 into an account earning 7.5% compounded monthly.  How long will it…

A: Given: Initial amount = 4200 rate of interest = 7.5 monthly Final amount  = 5000 Now, we need to…

Q: To have $4400 in 4 years, how much do you need to invest now at 7.4% compounded semi- annually?

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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: Determine the total value of the investment after 4 years if $3800 is invested at 7.9% compounded…

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Q: $10,000 is invested for 10 years with an APR of 2% and quarterly compounding.

A: Given information P=$10,000 Rate of interest r=2%  ⇒r=2100=0.02 Time t=10 years For quarterly…

Q: $10,000 is invested for 5 years with an APR of 2.75% and monthly compounding.

A: The complete solutions are given below

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

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Q: Berno deposits $30,000 into an account paying 3.25% annual interest, compounded quarterly. How much…

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Q: For her 2nd birthday claudias parents invested $9,000.00 in an 13 year certificate for her that pays…

A: Given  Principal = $9000.00 rate = 7% compounded every 2 months time = 13 year

Q: paying 15.5%

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Q: Brandon is depositing $1500 into a savings account that compounded interest monthly with an annual…

A: Given that, Brandon is depositing $1500 into a savings account compounded interest monthly with an…

Q: How much interest is earned on an initial investment of $700 with a 5 % annual rate for 2 years?

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Q: An investment of $5,650 is made in an account compounded quarterly at 5.1%. How much will the…

A: The term per cent means for every hundred. A fraction whose denominator is 100 is called a…

Q: Francis invests $4000 in a savings account earning 3.25%/year compounded weekly for 5 years. How…

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Q: How much money could you withdraw each quarter of a year for 4 years if you deposited $50,000 into…

A: To Find: How much money we could withdra each quarter if the account pays 4% interest compound…

Q: Find the total amount of the investment after 10 years if $5,000 is invested at 7.34% compounded…

A: I am going to solve the problem by using some simple calculus to get the required result of the…

Q: Springfield florist plans to replace it's delivery vehicle in three years . If they set aside $16000…

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Q: Karl buys a $2500 investment certificate that pays 3.75% simple interest per year. How much more…

A: The term per cent means for every hundred. A fraction whose denominator is 100 is called a…

Q: teach

A: Given, A teacher saves P5,000 every 6 months in the bank that pays 0.25% compounded monthly.

Q: Based on making 46000 a year and saving 16% of that monthly income what is the monthly amount that…

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Q: Find the amount of money there is after 2 years if $600 is invested at 5% compounded quarterly.

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Q: Juan invested $5,600 at 5.75% compounded quarterly for 7.5 years. How much will be in his account at…

A: See calculation below