Find the simple interest paid on a $880 investment at 6.4% annual interest for 30 days. Use the Bankers' Rule

Q: John has invested $1200 into an account at 2% interest semiannually, what will his future valu be…

A: topic - compound interest

Q: A $2200 bond earns 9.3% compounded monthly for 9 years. Determine the amount of the investment at…

A: A $2200 bond earns 9.3% compounded monthly for 9 years.

Q: Determine the value of an account after 10 years if a principal amount of 11000 was deposited with…

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Q: Assume a 6 month CD purchase for 5,000 pays simple interest at an annual rate of 9.5. How much…

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Q: Assume that you make quarterly payments of $ 750 into an annuity paying 5% interest compounded…

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Q: $102 is invested in an annuity at the end of every month at 8.5%.  Find the value of the annuity at…

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Q: Find the investment needed today to make $ 100,000 in 5 years with a simple interest rate of 8% per…

A: Given data÷ A=$100,000 t=5 years r=8% =0.08 per year

Q: find the maturity value of an investment of $1200 invested at 6% simple interest for 5 years

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Q: You put ​$200 per month in an investment plan that pays an APR of 4.5​%. How much money will you…

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Q: Calculate the dividends paid to a shareholder who has 400 shares of a stock that is paying an annual…

A: The dividends paid will be calculated by the formula, Dividends paid= Annual dividend per share *…

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

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Q: Find the simple interest paid on a $470 loan at 6.9% annual interest for 3 months

A: Given:The principal amount (P) is $470.The rate of interest (R) is 6.9% per year.The number of terms…

Q: $5000 is invested in a stock that returns getting 8% compounded monthly. how much interest will be…

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Q: Suppose $100 is withdrawn at the EOY 2026, emptying an account that earns 7% interest, compound…

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Q: Can you give me the formula 4 interest on an investment

A: To find a formula which gives relation between investment and interest.

Q: Find the cost of purchasing an annuity that pays $25,000 per year for 20 years. The interest rate is…

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Q: what is 2% higher than 3.167% interest rate?

A: Please see the answer in Step 2

Q: Consider an investment of $1,500 for four years at 3.75% simple interest. a. Find the amount of…

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Q: Calculate the simple interest earned in 1 year on a deposit of $1900 if the interest rate is 8%.

A: *** This is the problem related to financial mathematics and we are Advanced math expert and have…