Find the future value if $3000 is invested for 5 years at 8% compounded annually.

Q: Suppose that $7,000 is invested at 4%, compounded semiannually. How much is in the account at the…

A: Amount for compound interest:If P amount of money is invested for t years at r% rate of interest…

Q: Suppose you deposit $2000 at 9% interest compounded continously. Find the average value of your…

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Q: the amount of money that would have to be deposited today into a savings account at 8% compounded…

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Q: Determine the total value of the investment after 4 years if $3800 is invested at 7.9% compounded…

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Q: find the future value of an investment of $1200 invested at 6% interest compunded continuously for 5…

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Q: blake contributed $508 at the end of every 3 months into an RRSP fund earning 3.52% compounded…

A: Answer  Step by step approach to calculate the future value of the fund at end of 7 years is given…

Q: Suppose you invest $170 a month for 3 years into an account earning 8% compounded monthly. After 3…

A: Given that you invest $170 a month for 3 years into an account earning 8% compounded monthly. After…

Q: Jason thinks he can save enough to deposit P1,200 in the bank at the end of each year for the next…

A: The future value of an annuity is given by FV=PMT×1+in-1iWhereFV=future value of annuityPMT=cash…

Q: An investor has accumulated $360000 in her retirement account that pays a 3.87% interest rate…

A: P0=d1-1+rk-NkrkWhere,P0= Balance accumulatedd=Regular withdrawalr=annual interest ratek=number of…

Q: Find the amount of money in an account after 4 years if $1800 is deposited at 5% annual interest…

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Q: deposits

A: The deposit amount is $3,500 , the earning interest is 6.5%=0.065 compounded quarterly.