Bertalan deposits $3,000 in a new savings account that earns 1.2% simple interest. How much interest will Bertalan earn in 3 years if he makes no other deposits or withdrawals? O $36.00 $10,800.00 O $3,600.00 O $108.00

Q: Miroslava has $100,000 to invest in a saving account. She receives a steady interest rate of 3.75%…

A: option b is correct  at the end of 15 years Miroslava have balance $175,500.40 using the formula for…

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A: Given that gross earning is $38,300 To find the withholding for the social security, apply the rates…

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Q: Bastian takes out a $3,500 personal loan with 5.6% fixed annual interest compounded monthly to pay…

A: This is a compound interest problem. The correct option here is option (B) Solution provided below

Q: Jacob has $4,800 to invest in a saving account. He receives a steady interest rate of 3.35%…

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Q: Dennis plans to save $74,400.00 per year for 4 years. His first savings contribution is expected…

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Q: You have $400,000 saved for retirement. Your account earns 10% interest. How much will you be able…

A: Value(P) = $400,000  Interest (r) = 10%  = 0.10 Time (t)= 15 years  Payout annuity :  P = PMT * (1-(…

Q: Craig deposits $500 in a bank that pays a 3% annual interest. How much total interest does he make…

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

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

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Q: On April 2014, you could buy a 30-year U.S. Treasury note for $15000 that pays 6.08% simple interest…

A: Given data:   The given amount is P=$15000. The given interest rate is r=6.08%. The given time from…

Q: You purchase a new car for $19,500.             If you borrow $19,500 for 5 years with an interest…

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Q: You deposit $1500 in a savings account paying 4% simple interest.How much interest will you earn in…

A: The objective of this question is to calculate the simple interest earned over a period of 7 years…

Q: A savings account has $100 in it after the first month. Each month, you deposit $25. Assuming no…

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Q: An investor deposits 3,500 into an account paying 8% compunded semiannually. Two years later she…

A: Here we find compound money upto 7 year.

Q: and

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Q: Montserrat has $100,000 to invest in a saving account. She receives a steady interest rate of 3.75%…

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Q: Alyssa puts $4000 into a saving plan for 10 years at 7.8% annual simple interest. Four years into…

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Q: Rafaela takes out a 4-year simple interest car loan for $15000 at a 3% interest rate. Is she does…

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Q: Richard spends $22.72 every month into mortgage at the end of 30 years he has a balance of…

A: Amount spends by Richard every month = $22.72 Time period of amount spent in months = no. of years *…