For an interest rate of 1% per 2 months, determine the number of times interest would be compounded in 3 years.

Q: Find the amount, if P10,500 is deposited at 5% annual interest for 4 years, compounded month

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Q: Calculate the amount of interest on an investment of AED 160,425 at 8% simple interest for 4 years.

A: To Calculate the amount of interest on an investment of AED 160,425 at 8% simple interest for 4…

Q: Determine the amount of money, to the nearest dollar, you must invest at 6% per year, compounded…

A: Step 1: Given Value for Calculation Interest Rate = r = 6%Future Value of Payment = fv =…

Q: A principal of P86, 000 will amount to how much when invested 2 years and 6 months at 11.25%…

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Q: Suppose an amount ₱ 500.00 is invested for 2 years at 6% interest rate. How much is the earning of…

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Q: ys has a balance of $532 on his credit card. the account has a 19% annual interest rate , compounded…

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Q: Find the time required for an investment of Php 5000 to grow to 8700 pesos at an interest rate of…

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

Q: Sarah invests $4848 in a savings account with an annual interest rate of 5% compounded 2 times per…

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Q: How many years will the Php 10,000 become Php 15,000 if it is invested in an instrument that offers…

A: We have to find how many years will the $10,000 become $15,000 if it is invested in an instrument…

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

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Q: sam deposits 150 in a savings account and earns 6% compounded monthly will she have enough savings…

A: Follow the steps.

Q: A deposit of Php 21,500 earn 6% interest compounded quarterly. How much money is in the bank after 6…

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Q: Determine the interest earned if $87000 is invested at 1.7% simple interest for 47 months.

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Q: How much should Allyson put into 6% saving account in order to have Php. 100,000.00 in 5 years?

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Q: Find the rate of interest if N2,800 gains N600 in 5 years

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Q: A vendor borrows a certain amount of money at 8% simple interest for 3 months. Determine the…

A: We know that the simple interest formula is I = Prt  P is the principal amount. r is the interest…

Q: Find the principal invested if $495 interest was earned in 3 years at an interest rate of 6%.

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Q: Based on making 46000 a year and saving 16% of that monthly income what is the monthly amount that…

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Q: A savings account that has 850$ deposited on march 1st earns 0.4% annual interest compounded daily.…

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Q: A saving account that has 12000$ deposited earns 2.1% annual interest compound weekly. How much…

A: A saving account that has  deposited earns  annual interest compound weekly.The objcetive is to find…

Q: An investment made 7 years ago has accumulated to Php 32,500. How much was invested originally if…

A: Given that : Time = 15/ 2  annually Rate = 13 % annually Amount = 32500 P = ??  By using the…

Q: Hannah expects to receive Php 200,000 five years from now. How much is the money worth now if the…

A: Given Future amount = A = Php 200,000 Time = t = 5 years Interest rate = r = 10% compounded monthly

Q: Determine the interest earned if $5000 is invested at 4.3% simple interest for 9 years.

A: We have direct formula for simple interest.