deposit

Q: Calculate the amount of interest on an investment of AED 160,425 at 8% simple interest for 4 years.

A: To Calculate the amount of interest on an investment of AED 160,425 at 8% simple interest for 4…

Q: Determine the value of an account after 10 years if a principal amount of 11000 was deposited with…

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Q: Find the interest earned at the end of 3 ¼ years if ₱ 50,750 is invested at 12% compounded semi…

A: Compound interest formula is  A=P1+rnntP is the principal amount=50750r=0.12t= 3.25 years Replace…

Q: Find the amount borrowed if $800 is due at the end of 7 months when an annual simple interest rate…

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Q: Assume that you make quarterly payments of $ 750 into an annuity paying 5% interest compounded…

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Q: After retiring, Delaney wants to be able to withdraw $4,000.00 every month from her account for 25…

A: We will find out the required value .

Q: Find the cost of purchasing an annuity that pays $25,000 per year for 20 years. The interest rate is…

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Q: Jessica opens an ordinary annuity that earns 5.4% compounded monthly. He deposited each month. How…

A: Given that the future value FV=$ 24,000Interest rate  r=5.4%=5.4100=0.054compounded monthly…

Q: David plans to purchase a motorcycle. He needs to borrow $7500 and interest is 8% per annum…

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Q: Calculate the simple interest earned in 1 year on a deposit of $1900 if the interest rate is 8%.

A: *** This is the problem related to financial mathematics and we are Advanced math expert and have…

Q: A bond pays dividends of $110 at the end of each year. If the bond matures in 20 years, what is the…

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Q: A man applied for a loan with 16% interest. The interest will be automatically deducted from the…

A: If the interest is simple, then the formula that is used is A=P1+rt, where A is the final amount, P…

Q: I will invest P15,000 per quarter for my retirement at 7.3% compounding quarterly for 10 years. I…

A: Here,  Pmt=15,000r=7.3%n=4t=10

Q: I will invest Nu. 500 per quarter for my retirement at 7.3% compounding quarterly for 32 years. I…

A: Given information Quarterly deposit P=$500 Annual interest rate  r=7.3% Period of paymentn=32 years…

Q: Johnson Trucking Company wil have a $40,000 payment due in 5 years. How much would they need to…

A: Thanks for the question :)And your upvote will be really appreciable ;)

Q: The cost to purchase the house that Bainters are considering is $195, 000, but the Bainters plan to…

A: Given that, The total cost of the house $195,000. Plan to make down payment $40,000. Time is 30…

Q: A contractor has $650 worth of electrical material on the shelf in stock for 3 consecutive years. If…

A: Where A is the amount after time t P is the initial investment R is the rate of interest t is the…

Q: The loan of $ 700 is expected to be paid in one year as a total of $ 749. What is the annual…

A: Solution

Q: Determine the amount owed on a 750$ loan after 2 years at 12% interest compounded semi annually.

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Q: Find the amount of simple interest on a loan of $3,500 at 9 1/2% interest for 14 years.

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