Calculate the simple interest on R700 at 9% per annum for 4 years

Q: 1 18,000 for 2 years at 10% per annum compounded annually.

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Q: What will be the compound interest on a sum of ₱25,000 after 3 years at the rate of 12% per annum?

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Q: Find the future value of the indicated principal 30000 at 8% compounded annually for 10 years

A: To find: The future value of the amount 30000 at 8% compounded annually for 10 years. Given: The…

Q: Quarterly payments of P2000 for 5 years with interest rate of 8% compounded quarterly.

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Q: What quarterly deposits into a sinking fund earning 4 1/2 compounded quarterly are necessary to…

A: The formula for sinking fund payment is  P=Ai1+in-1Where, P=The amount of payment A=The amount to be…

Q: DETERMINE the original value of an investment that has matured to $1, 000 after 8 years with an…

A: To determine the original value of an investment that has matured to $1, 000 after 8 years with an…

Q: find the maturity value of an investment of $1200 invested at 6% simple interest for 5 years

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Q: Calculate the number of months for money to double at 2.4% per annum compounded monthly

A: Let the principal invested is P  It will become 2P  Therefore, using the formula A=P1+rnnt where t…

Q: Calculate the effective rate of interest for a savings account paying a nominal rate of 9%…

A: Given that, the interest rate is r=9% and interest is compounded semiannually n=2. Note that, the…

Q: Find the saving balance after 25 years with APR 3.5% and monthly payments of $400

A: Given formula is as follows Where A is the final amount PMT is the monthly payment n is the number…

Q: Solve for the future value of PHP75,000 invested at the end of each month for 3 years at 2.7%…

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Q: What will be the maturity value of ₱16,000 invested for 5 years at 15% compounded quarterly?

A: Formula: The compound interest formula is given by, A=P1+rnnt, where A-maturity value, P-principle…

Q: RM300 is deposited every 3 month for four year at 8% compounded quarterly i. Calculate the future…

A: Given that: Money deposited=RM300Rate of inetrest=8% quraterly

Q: q1. Find simple interest on Rs. 2000 for 8 years at 4 and 1/2% per annum. q2. Calculate the simple…

A: Part 1: I=P×R×T100 Calculate, as follows: I=2000×92×8100=720 The simple interest is Rs 720.

Q: A computer is available for Rs. 39300 cash or for Rs. 12820 cash down payment and three equal half…

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Q: $25,000 at 8% for 3 years compounded annually

A: I have used compound interest formula

Q: 3. Ranie makes monthly deposits at Php1,500.00 into his savings account that earns interest at 1.5%…

A: Find your answer below

Q: Mrs. Duzon wants to invest 25,000 in a bank for 3 years at 2% compounded quarterly -what is the…

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Q: Find the compound amount on a loan of php 85,000 at 6% for 5 years compounded quarterly.

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Q: Please calculate the amount and interest from $15,000 at 8% for 2 years compounded quarterly using…

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Q: Find the amount of an ordinary annuity of 20 semi-annual payments of P1, 000 if interest rate is 12%…

A: To find The amount of an ordinary annuity.

Q: How much loan will be extinguished for a monthly amortization of P4, 500.00 at 12% interest…

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Q: Find the present value of 9,000 at a simple interest rate of 7% in 18 years?

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Q: Find the future value of a annuity with a monthly deposit of $10 at an interest rate of 2.6% per…

A: Here we have to find future value of annuity. For this we will use the formula given below

Q: hector makes payment of $2000 int an RRSP at the braining of every six months starting today for 33…

A: The objective is to find the accumulated value.

Q: How should be deposited now at 6%interest, compounded monthly to yield ans annuity payment of $100…

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Q: What

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Q: Supposed to deposit $100 every six months into an account that pays 6% compounded semiannually. If…

A: Annuity formula is as below: here,d=100N=3 yearsr=6 %=0.06k=2