f you had invested $16,000 on January 1, 2009, at 4 % interest compounded quarterly , how much would you have had on July 1, 2016 ?

Q: If you deposit 9000$ into an account paying 5.5% annual interest compounded semiannually, how much…

A: As we know that the expression for the compound interest is:   A=P1+rnnt   Where P is the principal…

Q: an insurance settlement of 750,000 must replace an injured workers income for the next 40 years.…

A: Given that, The insurance settlement amount, P=750,000. The rate of interest, r=6.2%. The time…

Q: f you $15,000 in an account with a 4.5% interest rate, compounded quarterly, how much money will you…

A: The formula for final Amount if compound interest calculated. A=P(1+rn)nt…

Q: Find the final amount of money in an account if $3,900$3,900 is deposited at 7%7% interest…

A:

Q: Gallant invests starting at age 25 until he retires at age 65. If he invests $2400 each yearat 9.6%…

A: J

Q: Mr. Belvedere hopes to purchase a new home for $200,000. His savings account accrues interest at 5%…

A: Given Use formula

Q: If the parents in part e invested $10,000 in an account paying 8%, compounded quarterly, how much…

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Q: A person deposits $300 on the last day of each quarter into a savings account that pays 9​%…

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Q: Suppose $100 is withdrawn at the EOY 2026, emptying an account that earns 7% interest, compound…

A:

Q: How much will $12,700 become if it earns 8% annual interest, compounded quarterly, for 60 years?

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Q: Steven put money into an account six years ago that earns an annual interest rate of 8% compounded…

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Q: If you save $750 per month for retirement in an account that earns 8% interest per year, compunded…

A: As per the question if we save $750 per month for retirement in an account that earns 8% interest…

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: An account with a principal amount of $12000, invested at an unknown interest rate, and compounded…

A: An account with a principal amount of $12000, invested at an unknown interest rate, and compounded…

Q: Suppose that $30,000 is invested with 2.5% interest compounded quarterly (4 times a year). Determine…

A: Given that       P = principal amount = $ 30000      r = interest rate = 2.5% = 0.025     n = number…

Q: Suppose $50,000 is invested at l2% interest compounded monthly. In how many years will it be worth…

A: Given p=$50000 r=12%=12/100=0.12 compoundrd monthly n=12 A=$1, 000,000 t=?

Q: You inherited $12,000 from your Great-Uncle Michael.  If you invest it and average an 8% annual rate…

A: Amount compounded annually

Q: If you invested $300 now at 6.5% interest compounded monthly, how much money do you have available…

A:

Q: Peter invested her savings in a bank at 4.75% compounded quarterly. How much money did she invest to…

A: Given :  Withdrawal is made in beginning of every 6 month.So it is Annuity due.Withdrawal Amount (P)…

Q: If you invest $1000 at 4.5% compounded monthly, how long will it take the account to get to $5000?…

A: Let it takes t time to get that amount  Use the compound interest formula Since it is compounded…

Q: Ahmed invested $1,542 in a savings account, and three and a half years later his investment amounted…

A: This question is related to compound interest, We will solve it using given information.