Find the compound amount of $5750.00 at 13.2% p.a. for seven years compounded monthly. a. $65804.95 b. $14413.34 c. $760217.92 d. $88751.91 e. $386519.73

Q: Find the APY of 14.9% compounded yearly, semiannually, monthly, and daily.

A: We want to find the APY of 14.9% compounded yearly, semiannually, monthly and daily.

Q: Find the APY corresponding to the following nominal rate. 4% compounded quarterly The APY is%. (Type…

A: Nominal rate = 4%  Frequency= 4  (quarterly)  We have to find the Annual Percentage Yield.

Q: 4% compounded semi-annually. Find the APY.

A: Recall the following fact.

Q: 2,000 for 2 years at 4.5% compounded monthly. Find the total amount accumulated.

A: Initial amount= P= 2000  Time= t= 2 years  Interest rate= 4.5% = 0.045  Final amount=A=? Number of…

Q: Find the accumulated value of an investment of $20,000 at 5.25​% compounded annually for 12 years.…

A: The term per cent means for every hundred. A fraction whose denominator is 100 is called a…

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: $9,000 for 3 years at 4.25% compounded monthly

A: Given:             Present value is P=$9000.             Time in years is t=3,             Rate of…

Q: Find the apy for an account earning 4.3% compounded six times a year

A:

Q: Find the compound amount for the following deposit. $13,000 at 7% compounded quarterly for 9 years.

A:

Q: find the amount of compound interest earned  $8000 at 5.5% compunded monthly for 5 years

A:

Q: Determine the amount owed if $5000 is borrowed for 4 years at 8.7% compounded quarterly.

A: If $5000 is borrowed at 8.7% compounded quarterly, we need to find the amount owed after 4 years.…

Q: $1,000 for 5 years at 3% compounded quarterly

A:

Q: Determine the amount to be paid back if $6500 is borrowed for 9 years at 2.5% compounded annually.

A: We have direct formula for compound maturity amount, i have used that.

Q: Find how much money will be in the account after the given number of years (Assume 360 days in a…

A:

Q: Find the compound amount for the deposit. Round to the nearest cent. $15,000 at 3% compounded…

A: From the given information, it is observed that,

Q: A share valued at $256.50 pays quarterly dividends in perpetuity at a rate of return of 3.50%…

A: Given: Dividend:$256.50 i=3.50%  i.e. 0.035 n=2 The effective rate of interest is obtained by the…

Q: Solve for Compound Interest and Amount.......6 month.....Principal $15,000........Rate…

A: The given principal amount at the rate  for months compounded semi-annually.The objective is to…

Q: ​$9000 at 4​% compounded annually for 7 years

A: Given information Present value P=$9000 Rate of interest r=4% Time t=7 years Formula used:-…

Q: $1400 at 13.7% compounded monthly for 2.5 years

A: