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Q: how long does it take an account containing $8000 to be worth $15000 if the money is invested at 9%…

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Q: Suppose you save $5 each week. If you continue saving for 5 years, how much will you have saved

A: Since we know that  normally there are 52 weeks in a year. so in 5 years = 52*5…

Q: How long will it take for $3000 to grow to $43000 at an interest rate of 8.1%. if the interest is…

A: Let's find.

Q: You deposit $1000, and it grows to $1,500 in 5 years.  What is your annual return?

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Q: You deposit $4000 in an account earning 2% interest compounded continuously. How much will you have…

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Q: Suppose you spend $12 a week on snacks. If you donate half that amount to a charity, how much will…

A: Given that, you spend $12 a week on snacks.

Q: Suppose you wish to save $3,720. If you have $3,000 and invest it at 8% simple interest, how long…

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Q: If you want to earn 9% annual simple interest on an investment, how much should you pay for a note…

A: Given that  worth $28,700.00 in 5 months. 9% annual simple interest on an investment,

Q: if I invest 1000 at 2% interest how long will it take to double my money

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Q: You deposit $5000 in an account earning 3% interest compounded continuously. How much will you have…

A: See the attachment

Q: Suppose you want to have $400,000 for retirement in 35 years. Your account earns 5% interest. how…

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Q: Assume that a car loses 10% of the value it had at the beginning of the year. Find its value at the…

A: Given the initial value of the car at the start of the year is $30,000. The car loses 10% of the…

Q: An investment pays simple interest, and triples in 17 years. What is the interest rate

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Q: We invest $4000 in an account that pays simple interest of 3% each year. How much interest is earned…

A: Let, P = initial  amount r = annual  interest  rate t = time ,then the simple  interest  formula…

Q: If you want to earn 15% annual simple interest on an investment, how much should you pay for a note…

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Q: If you want to earn 15% annual simple interest on an investment how much should you pay for a note…

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Q: If you invest $7392 in an account that pays simple interest of 30% How much interest will you have…

A: To calculate the interest earned on an account with simple interest, you can use the…