Bank B offers 1% interest per month. This will grow with compound interest (interest already earned, earns more interest!) . If you invest $100 into the account at 0 months , how much money will you have after 6 months?    c) Create a table that uses A for the amount of money in the bank account at 0 months. d) Find a formula if you put A dollars into the bank account that earns 1% interest every month

Q: Rajeev has $175 that he earned from his summer job. He puts the money in an account that yields 4%…

A:

Q: P-# 150, 000, r= 490, t= 4, compounded MonthlY.

A:

Q: Find the final amount of money in an account if $9,500 is deposited at 6% interest compounded weekly…

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Q: 8.) Jess wants to have one million dollars when she retires in 35 years. How much should she invest…

A: We can directly calculate the principal amount using the continious interest formula.

Q: my bank pays 4% interest and inflation is 3 % what is my real interest.

A: given that:  Nominated interest rate = 4%  Inflation = 3% We use here the formula of real interest…

Q: Hugo opened a savings account and deposited $1,000.00. The account earns 5% interest, compounded…

A: Hugo opened a savings account and deposited $1,000.00. The account earns 5% interest, compounded…

Q: The future dollars of an investment at the end of 8 years is $ 132,000. Its today’s dollars is $…

A: INTEREST PAID BY BANK AT THE END OF 8YEAR=$132000-$76825=$55175 REAL RSTE OF INTEREST OF…

Q: A senior in high school will get $5000 in graduation money one year from today when finishes his…

A: A senior in high school will get $5000 in graduation money one year from today when finishes his…

Q: Ananta deposited Rp10,000,000.00 with compound interest at x% per 6 months. Meanwhile, Asnawi…

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Q: Zach invested $200 per month in a mutual fund that averaged 9% net growth per year with interest…

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Q: Joann invested $28,800 at 13% to be compounded daily. What will be the value of Joann’s investment…

A: invested $28,800 at 13% to be compounded daily

Q: Olivia puts 100 dollars into a fund and continuously does so at the end of each month. Although, the…

A: It will form an arithmetic progression (A.P.) with first term a1=100 and common difference is d=5.…

Q: Find the original investment in an account if the final amount of money is $8296. It was invested in…

A: Given amount=$8296

Q: Alex invests 2000 in a company's stock, after a year her stock increase to 2500, what rates of…

A: Given:   Money invested by Alex in company stock = $2000.   After a year, Alex stock increased to…

Q: represent

A: We will find the equation for compounding.