Calculate the simple interest on a deposit of $100,000.00, for a term of 6 months (February to July) and an interest rate of 11%.

Q: How would you write the official notation for the present value factor for a continuous payment of…

A: Continuous yearly payment: $1 Time period: 45 year  Rate of interest : 5%

Q: Jep has some amount of money in his Gash account at the beginning of the week. He forgot the exact…

A: The objective of the question is to find out the initial amount of money Jep had at the beginning of…

Q: 1. What is the amount for an investment of P5000 where payments are made quarterly over 5 years at a…

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Q: What is the minimum number of year-end deposits that have to be made before the total value of the…

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Q: Match the statements that best fit the formula - P(1 + rt) a. The future value of an annuity with…

A: see the explanation belowExplanation:Matching the statements with the formulas:a. The future value…

Q: HOW IS THE MONTHLY PAYMENT OF 350,00 LOÀN WHICH IS TO BE REPAID MONTHLY FOR 1 YEAR WITH AN INTEREST…

A: This is a compound interest problem and I solved it in the next steps.

Q: On January 1, 2022, Marites deposited P15,000 in a bank that offered 2.5% annual interest compounded…

A: Given that, Amount deposited on January 1, 2022 = 15000 rate (r) = 2.5% compounded monthly, So, n=12…

Q: Principal: $11,200.00 Interest Rate: 5.0% Date borrowed: 10/25/2023 Date Repaid: 2/13/2024  Days…

A: Time in days:Date borrowed: 10/25/2023Date repaid: 2/13/2024Using the given dates, we can calculate…

Q: If you are planning to apply for a personal loan and borrow PhP 30,000 and repay the principal and…

A: It is known that the loan borrowed is PhP 30,000 and the loan has to be repaid in 3 years. a) It is…

Q: Suppose $100 is withdrawn at the EOY 2026, emptying an account that earns 7% interest, compound…

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Q: Raia purchases a finances it with a at a rate of 4.25% car payments?

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Q: If no payments are made, a loan of amount $36000 would increase to $43070.89 after 2 years of…

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Q: How long does it take for a sum of money to double itself at a simple interest rate if 5% per annum?…

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Q: Use simple interest formula: Principle=8400    Rate= ?           Time=60 days     Interest=    1260$…

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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: Deer construction just purchased a new track hoe attachments costing 12500 dollars. The CFO John…

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Q: Find the simple interest rate of the principal of Php. 15,000 with simple interest of Php. 30,000…

A: Given Principal (P)= Php15000 Simple interest (SI)= Php30000 Time (T) = 5 years

Q: Lavenia borrowed P12,500 from a loan firm. She promised to pay after 215 days at 8.75% interest.…

A: Given query is to find the simple interest and the amount.

Q: 55 If a student loan in your freshman year is repaid plus 20% four years later, what was the…

A: If a amount P invested at a rate of interest r% per year for time t year.  Then the interest (I) is…

Q: Solve for just one out of the two options by finding the monthly payment and the total interest of…

A: Given For new car , Cost = $28,000 , time = 4 year , interest = 6.12%For used car , Cost = $16,000 ,…

Q: An engineer in consulting company to do a 25 -years investment. The engineer planned to invest…

A: An engineer in consulting company to do a years investment.The engineer planned to invest  in the…

Q: A farmer bought a tractor costing P12,000 if paid in cash. The tractor may be purchased by…

A: Given: initial balance =12000 annual interest rate=8% time period n=5

Q: 3) Find the amount of time it would take for your balance to double at an interest rate of 8.75%.

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Q: The televison show "America's Got Talent" says that each season's winner gets 1 million dollars. But…

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Q: 3. Savings Account: Your grandparents put $5,000 in a savings account when you were born. Your age…

A: We’ll answer the first question since the exact one wasn’t specified. Please submit a new question…