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A: We have to solve given quesique using Formula:

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Q: The principalP is borrowed and the loan's future value A at time t is given. Determine the loan's…

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Q: If P25,000 is deposited in an account that earns interest compounded monthly becomes P32,000 after 2…

A: Given Information - Amount deposited in the account = P25,000 Amount after 2 years = P32,000 We have…

Q: Find the amount of compound interest earned. 5) $5000 at 6% compounded annually for 3 years

A: Recall the following fact.

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Q: . Find the simple interest (I = Prt) of $10,000 invested for 6 years at an annual simple interest…

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Q: The principal P is borrowed and the loan's future value A at time t is given. Determine the loan's…

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Q: Brad invests $3700 in an account paying 3% compounded monthly. How much is in the account after 8…

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A: The formula used is given below I = PRT100 where I is the interest , P is the principle , R is the…

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