A bank features a savings account that has an annual percentage rate of 2.9 % with interest compounded quarterly. Tracee deposits $4,000 into the account. How much money will Tracee have in the account in 1 year? Answer = $ Round answer to the nearest penny. What is the annual percentage yield (APY) for the savings account? APY - %. Round to the nearest hundredth of a percent. Question Help: Video 1 Video 2 Submit Question

Q: down payment     $  mortgage     $

A: Solution:

Q: Find the simple interest. $6000

A: Given, $6000 at 8% for 9 months

Q: You deposit $980 in a savings account paying 3.8% simple interest. How much interest will you earn…

A:

Q: Justin Beiber takes out a $30000 loan for her new Ford Mustang. He will pay back the entire loan at…

A: Given information Principal = $30000 Time = 8 years Interest rate = 7.25%

Q: At age 30, Julio starts a retirement account. He deposits $145 at the end of each month in an…

A: The deposit monthly  $145  APR=3%=0.03 a) A=Pmt x 1+APRnnT-1APRn................equation 1 Here,…

Q: Answer

A: We find required amount.

Q: A bank features a savings account that has an annual percentage rate of 5.4 % with interest…

A:

Q: A bank account increases the amount of money in the account by 4% each year. Initally, $1,500 is…

A: Recall: Formula for Future value     FV=PV1+rn We have, PV=$ 1,500, r=4%=0.04, n=5 years

Q: Alex takes an auto loan of amount $25,000. He has to repay X at the end of each month for the first…

A: Solution:

Q: You deposit $1550 in a savings account paying 3.7% simple interest. How much interest will you earn…

A:

Q: Your parents buy a new computer for you at a cost of $2500. The computer depreciates (decreases) in…

A:

Q: Alex has $3200 saved at the bank with a 2.1% yearly interest rate. How much money would Alex have…

A:

Q: Sanjeep takes out a $250,000 mortgage. The yearly interest rate on the loan is 5% and the loan is…

A:

Q: Quick Service Gas Station has its regularly-priced $160 tune-up on sale for 25% off the regular…

A: Given that, the regular price is $160 and offer on regular price is 25%.

Q: Danielle lent $6139 at 3.26% p.a. on March 27, 2014. Calculate the amount of interest she should…

A:

Q: A bank features a savings account that has an annual percentage rate of 3.1 % with interest…

A: Rate of interestr: 3.1% compounded monthly Deposited amountP=$2500

Q: The face value of a 97-day Treasury bill is $30,000. The interest rate is 2.96%. The purchaser buys…

A:

Q: A S1,200 bond earns 3% simple interest per year on its purchase price. What is the amount of…

A: Since you have asked multiple question, we will solve the first question for you. If youwant any…

Q: Find the simple interest on a $500 investment made for 2 years at an interest rate of 8% per year.…

A: We have given that principal amount (P) = $500Rate of interest (r) = 8%Time (t) = 2 years

Q: You purchase a mutual fund add an offer price of $15.79 per share. If the net asset value is $15.26…

A: Here we have to find the sale charge percent

Q: Tim Houston purchased a wall unit for $2,300. He made a $600 down payment and financed the balance…

A:

Q: You want to save $20,000 for a down payment on a home by making regular monthly deposits over five…

A: