700 dollars is placed in an account with an annual interest rate of 8.25%. How much vill be in the account after 28 years, to the nearest cent?

Q: Due to depreciation, the cost of a car decreases by 10.2% every year. How much is the estimated…

A: The solution is given below.

Q: Salim deposits OMR 1,200 at a rate of 8% for a period of 5 years. What is the amount he gets after 5…

A: Given that  Salim deposits OMR 1,200 at a rate of 8% for a period of 5 years To find the  What is…

Q: Suppose an amount ₱ 500.00 is invested for 2 years at 6% interest rate. How much is the earning of…

A:

Q: Suppose your one month balance (debt) on your credit card is $2000. If the monthly interest rate for…

A:

Q: ind Principal when Time 4 years, Interest = $ 400; Rate = 5% p.a. answer (Should be in 4 significant…

A: Solution:  given time T=4 year , interest I=$400  rate R=5%  to find principal  value=?

Q: What annual interest rate is earned by a 12-week T-bill with a maturity value of $1,900 that sells…

A:

Q: On September 12, Jody Hansen went to Sunshine Bank to borrow $2,300 at 9% A.P.R.  Jody plans to…

A: Consider the equation

Q: You deposit $5000 each year into an account earning 4.1% interest. How much will you have in the…

A: Please find the answer in next step.

Q: A bank account uses simple interest. If 10,000 is deposited at a rate of 4% interest, how much money…

A:

Q: A loan of $1,070 was repaid at the end of 18 months with a check for $1,095 What annual rate of…

A:

Q: Find the present value of $10,000 in 9 months at 9.2% interest Give your answer to the nearest…

A: Given that The  total amount A=$ 10000Interest rate r=9.2%=9.2100=0.092Time t=9 months =912=34=0.75…

Q: Find the principal amount for the rare of interest 10% p.a.time 3 years and compound interest earned…

A:

Q: An investment of $75,000 increases at a rate of 12.5% per year. Find e value of the investment after…

A: An investment of 75,000 increases at a rate 12.5% per year. Find the value of the investment after…

Q: what is the daily % increase to go from 100 to 100,000 in a 100 days

A: It goes 100 to 100000 in just 100 days So per day increment= 100000/100 = 1000

Q: Megan held a loan of $2,500 for 8 months and was charged interest of $181.67. What was the annual…

A: The objective of this question is to find the annual simple interest rate on a loan. The simple…

Q: Find the interest on P15, 000 at 6 ¼ % simple interest for 15 months. O A. P637.50 O B. P781.25 O C.…

A:

Q: If Php 25,000 is invested at an annual interest rate of 12% compound a. annually b. quarterly c.…

A: Given : Investment amount = Php 25000Rate = 12% and time = 2 years

Q: Find how much should be invested to have $16,500 in 9 months at 9.7% simple interest.

A: It is an important part of statistics . It is widely used .

Q: A copy Machine depreciates at the rate of 15% each year. If the original copy of the copy machine…

A: We know, Value after time t years = Initial value × 1+rate100t

Q: A power company calculates a person's monthly bill from the number of kilowatts-hours

A: Power Company always calculate the monthly bil from the number of kilowats hours . For this the…

Q: Suppose you have $2700 in your savings account at the end of a certain period of time. You invested…

A: Given: Principal amount P= $2000 Future value A= $2700  Rate r= 7.47 % annually To find time t (…

Q: Compute I. P = $4500, r = 6%, t = 14 months

A: As we that the expression for the simple interest: I=P×r×t100 Where: 'P' is the principal, 'r' is…

Q: $5000 is invested at 4% interest compounded monthly. Find the account balance after 5 years, to the…

A:

Q: If the markup on an item is 30.00% of its selling price, calculate the markup as a percentage of the…

A: To calculate the markup as a percentage of the cost of the item if the markup on an item is 30.00%…