Find the compound amount for the deposit and the amount of interest earned. $2000 at 2% compounded annually for 4 years The compound amount after 4 years is $ (Do not round until the final answer. Then round to the nearest cent as needed.) The amount of interest earned is $ (Do not round until the final answer. Then round to the nearest cent as needed.)

Q: Find the monthly payment (in $) and the total interest (in $) for a mortgage of $42,000 at  5 1/4…

A: To find the total interest

Q: Find the simple interest. $6000

A: Given, $6000 at 8% for 9 months

Q: Tuition of $1830 will be due when the spring term begins in 6 months. What amount should a student…

A:

Q: Pim borrows $200 at 11% per annum compounded quarterly for 6 years. Determine the interest due on…

A: Given Jim borrows $200 at the rate of 11% compounded quarterly for 6 years.

Q: You deposit $3000 in an account earning 8% interest compounded quarterly. How much will you have in…

A: P=Principle=$3000t=time=15 yearsr=interest rate=8%=0.08A=final amount=?n=number of times compounded…

Q: ​Annie's cafe borrows $9,400 at 5​% for 240 days. Find the total amount that must be repaid after…

A:

Q: You can afford monthly deposits of $120 into an account that pays 2.4% compounded monthly. How long…

A:

Q: Alex deposits $6,000 at the end of each year for 12 years in an account paying 6% interest…

A: Use compound interest formula.

Q: After retiring, you want to be able to take $1000 a month for a total of 15 years from your…

A:

Q: John won a lottery ticket and deposit all of it in a bank that pays 8% annual interest compounded…

A:

Q: Find the amount due if $400 is borrowed for 14 months at 17% simple interest. Amount = $

A:

Q: Find the amount of interest earned by deposit. $12,345 if interest is 6% compounded monthly for 7…

A: Given: Principal balance P0 = $12345 Interest rate r = 6% = 0.06 Number of compounding periods in…

Q: jim borrows $500 at 17% per annum compounded quarterly for 2 years. Determine the interest due on…

A:

Q: what is the FV of the investment. Round  to nearest cent. $7,000 for 4 years at 4.75%  annual…

A:

Q: Jim borrows $400 at 3% per annum compounded quarterly for 2 years. Determine the interest due on the…

A:

Q: balance of 5000 $. f he does not make a withdvaual or deposit how much money will be in ricks…

A: We will find the final amount.

Q: Find the balance in the account after the given period. $2000 principal earning 3% compounded…

A: