Francine currently has $65,000 in her 401k account at work, and plans to contribute $6,000 each year för the next 10 years. How much will she have in the account in 10 years, if the account averages a 6% annual return?

Q: You deposit $1000, and it grows to $1,500 in 5 years.  What is your annual return?

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Q: The future dollars of an investment at the end of 8 years is $ 132,000. Its today’s dollars is $…

A: INTEREST PAID BY BANK AT THE END OF 8YEAR=$132000-$76825=$55175 REAL RSTE OF INTEREST OF…

Q: Gary is getting a Wi-Fi hotspot that costs $35 and has a monthly data plan of $20/month. How much…

A: Given query is to find the the total cost of wifi over 2 years .

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A: Given that, to save an extra $8000 over the next three years.To find the amount of monthly payments…

Q: Megan has $50,000 in her college fund that earns 6.4% compounded quarterly. She would like to make…

A: Given: Megan has $50,000 in her college fund that earns 6.4% compounded quarterly. She would like to…

Q: If you want to earn 9% annual simple interest on an investment, how much should you pay for a note…

A: Given that  worth $28,700.00 in 5 months. 9% annual simple interest on an investment,

Q: Suppose that you borrow $17,000 for four years at 6 ​%  toward the purchase of a car. Use PMT equals…

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Q: 5000

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Q: Suppose you want to have $400,000 for retirement in 35 years. Your account earns 5% interest. how…

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Q: If you make $400 in simple interest on an investment at 8% for 5 years, what is the amount of the…

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Q: You invest $10,000 in the Big Delta mutual fund. Over 5 years, your investment grows in value to…

A: According to the given data Initial investment is $10000 After 5 years it becomes $17320 That means…

Q: Assume that a car loses 10% of the value it had at the beginning of the year. Find its value at the…

A: Given the initial value of the car at the start of the year is $30,000. The car loses 10% of the…

Q: . Nadia received $200 for her 10th birthday. If she saves it in a bank account with 7.5% interest…

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Q: Richard invests $205.42 every month into his retirement. At the end of 30 years, he has a balance of…

A: ANSWER :

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

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Q: Johnson Trucking Company wil have a $40,000 payment due in 5 years. How much would they need to…

A: Thanks for the question :)And your upvote will be really appreciable ;)

Q: Jimmy deposits $4000 at a bank with an interest rate of 4.5% per year and he has no plans of…

A: From the given information, the principal investment is P=$4000, interest rate r=0.045, and n=1 and…

Q: your goal is to create a college fund for your child. suppose you find a fund that offers an APR of…

A: Thanks for the question :)And your upvote will be really appreciable ;)

Q: Mateo loves lattes and buys one almost every day. This amounts to about $121 per month. If Mateo…

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Q: how long will it take his savings to grow to $46,000​?

A: Given: Amount in the savings account=$11,000 Additional savings=$3,300 Interest rate=12% Formula…

Q: Your goal is to create a college fund for your child. Suppose you find a fund that offers an APR of…

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