4400 dollars is placed in an account with an annual interest rate of 8.25%. How much will be in the account after 22 years, to the nearest cent? Answer: Submit Answer

Q: Sam bought a car for $23,425.  The car depreciates at a rate of 10.375% per year.  What is the value…

A: Given: Sam bought a car for $23,425.  The car depreciates at a rate of 10.375% per year.  To  Find:…

Q: Find the simple interest earned. Round percent's to the tenth or hundredth of a percent. Jean…

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Q: Find the interest earned: $9,900 for 24 months at 7.8% annual simple interest

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Q: Derek will deposit $4,285.00 per year for 22.00 years into an account that earns 4.00%, The first…

A: Given information PMT=$4,285 Rate of interest r=4% ⇒r=4100=0.04 n=22 years  We have to find the…

Q: Brooke found US$90 in his attic and sold it to a bank that charged him a commission of 0.85%. How…

A: Brooke will recieve C $117.41Explanation:

Q: ^A sequence can be generated by using a, = a,-n+ 29, where aj = 46 and n is a whole number greater…

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Q: Using the simple interest​ formula, determine the number of months until $1527.00 will earn $91.62…

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Q: 4.15%.Find the amount of interest earned and the total value of her account after 18 years.

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Q: d 0.25% per month simple interest for a three-month term. What total amount of interest was ea

A: Introduction: The formula of simple interest is given by, S.I.=P×R×T100 Where P is the principal…

Q: Bella Sandino made a $600 loan to her friend, Sadie, at 11%. Sadie paid back the loan with interest…

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Q: Jack had $580.00 to invest in a savings account which paid 2.5% per year. How much interest did Jack…

A: Given that: Money invested by Jack, P = $580.00Rate of interest, r= 2.5%

Q: Johnny found a job at McDonalds with a starting salary of $27,000. He is guaranteed a raise of 4.75%…

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Q: Solve for the missing item in the following. Principal $400; Interest rate 8%; Time: ____ years;…

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