f $9,000 had been invested in a certain investment fund on September 30, 2008, it would have been worth $41,270.28 on September 30, 2018. What interest rate, compounded annually, did this investment earn? (Round your answer to two decimal places.)

Q: You deposit $3000 in an account earning 2% interest compounded monthly. How much will you have in…

A: Since, there has been a deposit of $3000 in an account earning 2%interest compunded monthly. Our aim…

Q: How much would you need to deposit in an account now in order to have $2000 in the account in 15…

A: Given problem Given that   A = $ 2000 T = 15 years Rate of interest = 7% = 0.07 Compounded monthly…

Q: Kellee deposits​ $5000 in a savings account with an interest rate of​ 0.9% compounded monthly. If…

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Q: You know you will have $1,000,000 in your account when you retire. You want to be able to take…

A:

Q: you deposit $5000 in an account earning 3% interest compounded monthly. how much will you have in…

A: We have given,

Q: For 8 years, $33 is deposited each week into an account that earns 2.1% interest, compounded weekly…

A:

Q: If you paid $56 to a loan company for the use of $1, 401 for 118 days, what annual rate of interest…

A: Compound interest formula:    I = Prt        Where           I =Interest           P = Principal…

Q: A credit card has a compound interest rate of 22.5% per year on overdue balances. How much interest…

A: According to question given thatCredit card interest rate= 22.5% per yearBalance= $485.00

Q: Melanie places $5,000 into an account that earns 6% interest compounded daily. Approximately six…

A:

Q: You deposit $2000 in an account earning 2% interest compounded monthly. How much will you have in…

A: given, principal (P)=$2000           interest  rate (R)=2%= 2/100 =0.02     (for compounded monthly…

Q: Cameron starts an IRA (Individual Retirement Account) at the age of 36 to save for retirement. She…

A: The objective of this question is to calculate the total amount of money Cameron will have in her…

Q: At the beginning of each quarter, $1,650 is deposited into a college fund. The fund earns 7% annual…

A:

Q: Cameron starts an IRA (Individual Retirement Account) at the age of 32 to save for retirement. She…

A: The objective of this question is to calculate the total amount of money Cameron will have in her…

Q: You deposit 1000 each year into an account earning 6% interest compounded annually. How much will…

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

Q: A gift of $9000 to a city grew to $10,000,000 in 200 years. At what interest rate compounded…

A:

Q: Springfield florist plans to replace it's delivery vehicle in three years . If they set aside $16000…

A:

Q: Suppose you have $2700 in your savings account at the end of a certain period of time. You invested…

A: Given: Principal amount P= $2000 Future value A= $2700  Rate r= 7.47 % annually To find time t (…

Q: You can afford monthly deposits of $250 into an account that pays 2.4% compounded monthly. How long…

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Q: An account invested in a money market fund grew from $24,811.63 to $25,111.51 in a month. What was…

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Q: Brad invests $3700 in an account paying 3% compounded monthly. How much is in the account after 8…

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Q: You deposit $800 every six months into an account that pays 7% p.a interest compounded…

A: Given query is to find the amount of interest earned in 30 years.

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: At the birth of their child, how much should a couple invest to have $20,000 on the child's 18-th…

A: The principal investment required to get a total amount of $20,000.00 from compound interest at a…