h I 3) If you want $12,000 ten years from now, how much would you have to invest now at 15% interest compounded monthly?

Q: If you invest $30,000 at 4.76% interest paid quarterly, how long would it take you to double your…

A: PrincipalP=30,000 Rate of interest r=4.76%=0.0476 Double the principal A=60,000 To find: time t…

Q: ). How much will Katie need to save each month if she wants to put $55,000 down in cash on a hous In…

A: Formula for the annuity is  FV=R1+in-1i We are given FV=$55000n=2×12=24i=61200 (since 1 year = 12…

Q: 6.) What interest rate compounded monthly would you need if you invested $15,000 today and needed to…

A: Formula At=p1+rnnt⇒n=compounded period⇒p=initial amount⇒At=Amount at time t ⇒t=time in years⇒r=rate…

Q: a man decides to save money in a mutual investment fund about 13% interest annually. if he leaves…

A: a man decides to save money in a mutual investment fund about 13% interest annually. if he leaves…

Q: How much money could you withdraw each quarter of a year for 4 years if you deposited $50,000 into…

A: To Find: How much money we could withdra each quarter if the account pays 4% interest compound…

Q: if you decide to invest $2500 at 5% annual interest rate every year, how much would you have in your…

A:

Q: How much should you set aside and invest in a fund earning 9% compounded quarterly if you want to…

A: We need to find the amount of money that must be invested to accumulate P200,000 in 3 years and 3…

Q: How much would you need to deposit in an account now in order to have $5000 in the account in 10…

A: Formula: A=P1+rnnt where A= Final amount P= Principal initial balance r= Rate of interest t= Time…

Q: 18. Alphonse is going to put $2500 in an interest bearing account that pays 3% interest and leave it…

A:

Q: In the future, it is estimated that university will cost $200,000 per student. How much would have…

A: