By using the TVM solver can you determine the interest rate on a loan of $3 100, if interest is compounded weekly for 182 weeks and the final amount paid back is $4 626. Also how long does it take for a loan of $3 482 to double in value at an interest rate of 7.5% compounded monthly?

Q: A man needed P250, 000 at the end of 3 years, how much money must he deposit quarterly in an…

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Q: A sum of $50,000 is invested in a savings account which pays interest at a rate of 9% per year…

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Q: ). How much will Katie need to save each month if she wants to put $55,000 down in cash on a hous In…

A: Formula for the annuity is  FV=R1+in-1i We are given FV=$55000n=2×12=24i=61200 (since 1 year = 12…

Q: If u = and , then what is the magnitude of 2 + . Round to the nearest hundredth. Answer:

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Q: Gem plans to purchase an e-bike in 6 months so they open an account earning an annual interest of…

A: We have to find how much money is needed to open the account in order to reach the goal using given…

Q: nicholas heard that he could triple his money in 27 years if he invested it in his friend's…

A: We can follow the step by step approach used in step 2 to get the required answer

Q: a wants to have $200,000 to buy a smaller retirement home in 20 years. If they can earn 4.5%…

A: To calculate the amount that Mika should deposit in his account now to have $200,000 in 20 years.…

Q: paying 15.5%

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Q: Sumalee invests $1,776 in a retirement account with a fixed annual interest rate compounded 3 times…

A: Initia amount= 1776$ Final amount after 19 years= 6588.80 We want to find the interest rate of the…

Q: Mary invests $1500 in an account that earns an interest rate of 4% compounded continuously. Will she…

A: The objective of this question is to determine whether Mary will have enough money in her account…

Q: Hsu-Mei wants to save $3,000 for a down payment on a car. To the nearest dollar, how much will she…

A: Let  be the present value you need to invest in an account.

Q: you would like to have $77,000 available in 15 years. There are two options. account a has a rate…

A: We are supposed to have $77,000 in 15 years. Account a has a rate of 9.5% compounded once a year.…

Q: Ms. Whodunit needs $10 000 to go on her dream vacation in three years. How much does she need to…

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Q: Jake invests $4900 at an 8% interest rate compounded contínuously for 2 $5000 at a 7% interest rate…

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Q: Find the value of a savings account with monthly deposits of $200 for two years into an account that…

A: Here we have to find the value of a savings account with monthly deposits of $200 for two years into…

Q: 3. (ey + 1)²e-dx + (ex + 1)³e¯*dy = 0

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Q: In order to help pay for his trip abroad for his spring semester of his senior year in college, Marc…

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