Find the present value of the given future amount. $73,000 for 8 months at 8% simple interest What is the present value? $ (Round to the nearest dollar as needed.)

Q: Find the present value of the given future amount. $43,000 for 3 months at 9% simple interest What…

A: Given information Future amount A=$43,000 Interest rate r=9% ⇒r=9100=0.09 And time t=3 months that…

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 future value of the loan. Round your answer to the nearest cent. =P=, $19,000r=, 6%t3…

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Q: Find the simple interest. $6000

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

Q: Calculate the amount of interest you'll have at the end of the indicated period. You invest $7000 in…

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Q: Find the compound amount for the deposit. Round to the nearest cent. $7980 at 3% compounded…

A: Here in the given question:   Present value = $ 7980   Interest rate (R) = 3%   Time period = 12…

Q: Find the future value of this loan. $21,415 at 4.9% for 7 months The future value of the loan is $

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Q: You deposit $1800 in a bank account that pays 5% annual interest Find the balance after 7 years if…

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Q: Use the table or a calculator to find the final accumulated amount and the total interest. (Round…

A: Use the table or a calculator to find the final accumulated amount and the total interest. (Round…

Q: Find the simple interest on a $2000 investment made for 2 years at an interest rate of 9%/year. What…

A: Formula for finding Simple interest (S.I)  is S.I=prtwhere p= principal amount,            r=rate of…

Q: Find the simple interest I of the given loan amount. (Round your answer to the nearest cent.)…

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Q: You borrow $950 from a payday loan office for 15 months. They charge you simple interest at a rate…

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Q: Find the interest. Round to the nearest cent. $400 at 7% for 3 years

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

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Q: Find the compound amount for the deposit. Round to the nearest cent. 4) $8000 at 6% compounded…

A: To work out the amount earned through compound interest under the given terms

Q: Find the amount (in $) of interest on the loan. Principal Rate (%) Time Interest $70,000 7 3 4 9…

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Q: Find the compound amount for the deposit and the amount of interest earned. $440 at 4.3% compounded…

A: $440 deposited for 13 years at the interest rate of 4.3% compounded semiannually .

Q: If you decide to deposit $96 per month into an account earning 4.8% annual interest compounded…

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Q: Find the future value of this loan. $16,634 at 5.3% for 15 months The future value of the loan is $|

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Q: Find the present value of the given future amount. $98,000 for 5 months at 5% simple interest What…

A: The given problem is to find the present value for which the given future value is $98,000 for 5…

Q: The principal represents an amount of money deposited in a savings account subject to compound…

A: Given Data: The principle deposited amount is: P=$6000 The rate of interest is: r=8% The time period…

Q: You deposit $1,000 in an account at the Lifelong Trust Savings and Loan that pays 8% interest…

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