A company needs $3,600,000 in order to expand their factory how much should the company invest each week if the investment earns a rate of 9.4% compounded weekly?

Q: How long will it take to save $20,000 by making deposits of $100 at the end of every month into an…

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Q: How much should be invested now at 5.4% compounded annually to have $26,000 in 13 years

A: Given  How much should be invested now at 5.4% compounded annually to have $26,000 in 13 years

Q: How many years will it take a 1,500$ loan to grow to 2,222.32 at 14% interest, compounded annually?

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Q: You have saved $7,000 towards the purchase of a car costing $9,000. How long will the $7,000 have to…

A: solution of the given problem is below ...

Q: Company needs $820,000 at the end of five years to open a new office.  The company decides to…

A: To determine the money that needed to be invested per period in the fund to obtain the money to open…

Q: A company needs $6,500,000 in 7 years in order to expand their factory. How much should the company…

A: We will find out the required weekly payment.

Q: Suppose you want to accumulate $350,000 for your retirement in 20 years. You find an investment that…

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Q: A retiree requires an annual income of at least $9000 from an investment paying 7.5% annual…

A: Given: A retiree requires an annual income of at least $9000 from an investment paying 7.5% annual…

Q: How much should be invested today in an account earning 6% compounded quarterly, if you need $35,000…

A: A=P(1+(r/n))nt where A = final amount P=initial amount r=interest rate in decimal n=number of…

Q: Zola wants to save 10,000$. How much will she have to put away every 6 months at 6.6%a compounded…

A: Given that The Future value FV=$ 10000 Interest rate r=6.6%=6.6100=0.066Compounded semi annually ,…

Q: Mike and Terri estimate that they want to buy a house for $174,000.00, and they need to make a down…

A: Given data:   The given cost of a house is C=$174,000.00. The given percentage of the down payment…

Q: A company needs $4,900,000 in 11 years in order to expand their factory. How much should the company…

A: Given: A company needs $4,900,000 in 11 years in order to expand their factory and investment earns…

Q: If it takes 12 years and 5 months to double your money (compounded quarterly), how long would it…

A: To determine the time t it will take for the investment to double.