لسادةJunoogCalcutate Simple interestAVASto oop# 1700 at 10.5% fer 8 monthsamst#5200 at4% for 3 yes 3 months$ 150 at 18% fer 5.5 years

a) The amount at for months.b) The amount at for years months.c) The amount at for…

Answered: Calcutate Smple interest لحالي 10.5%…

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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James has an investment worth $175,609.50. The investment will make a special payment of X to James in 1 month from today and the investment also will make regular, fixed monthly payments of $1,440.00 to James forever. The expected return for the investment is 1.23 percent per month and the first regular, fixed monthly payment of $1,440.00 will be made to James in one month from today. What is X, the amount of the special payment that will be made to James in 1 month? An amount less than $58,600.00 or an anmount greater than $179,600.00 An amount equal to or greater than $58,600.00 but less than $88,950.00 An amount equal to or greater than $88,950.00 but less than $146,400.00 An amount equal to or greater than $146,400.00 but less than $176,000.00 O An amount equal to or greater than $176,000.00 but less than $179,600.00 Com SHEMA
if the rate of compound interest on a special account for the first, second and third year is 8%, 10% and 15% respectively, find the total value of a $12,000 investment in 3 years.
At the time of her grandson's birth, a grandmother deposits $12000 in an account that pays 4% compounded monthly. What will be the value of the account at the child's twenty-first birthday, assuming that no other deposits or withdrawals are made during this period? This is what I have thus far: P=12000 r=4% = 0.04 t=21 (#of years) n=12 (monthly) A=12000(1+0.04/12)12(21) A=12000*1.003 = 1203612(21) having trouble calculating the exponents. I am getting $25527.98, but answer is $27758 and I don't know what I am doing wrong, please help
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An amunt of 1 dollar is deposited in a funding at the beginning of every month for 7 years with 7% annual interest. if the fund is compunded monthly and the amount is paid every month end then what will be the amount deposited after last deposit?

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Calcutate Smple interest لحالي 10.5% for 8 months #5200 at 4% for 3 yes 3 months $ 1500 at 18%⁰ fer is is 5 years #1700 at 10.5 5.5