How much money should Nicholas invest today into a fund that earns interest at 4.75% compounded quarterly, if she wants to receive $5,000 at the end of every 6 months for the next 4 years? $0.00 Round to the nearest cent

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: .If you deposit 6000RS into an account paying 6.5% annual interest compounded quarterly,  how long…

A: we need to find time when there is Rs12600 in the account

Q: Suppose you deposit $1000 in an account that earns 7% interest compounded annually. What will the…

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Q: How much interest will an account earn if you deposited $715 semi-annually for 11 years and the…

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Q: how much will a invesment of $500 be worth after 7 years if it earned a yearly rate of 7.2%…

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Q: How much money should Ariel invest today in a fund that earns interest at 3.18% compounded…

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Q: . Find the simple interest (I = Prt) of $10,000 invested for 6 years at an annual simple interest…

A: Definition: simple interest If an amount of money,  P , the principal, is invested for a period of…

Q: If $7,000 is invested at 3% compounded quarterly, what is the amount after 5 years? The amount after…

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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: A deposit of $15,000 is made in a trust fund that pays 3.5% interest, compounded semi-annually. It…

A: Given that, the amount invested is: P=$15,000. The rate of interest is: r=3.5100r=0.035 The time is:…

Q: How much money should Patricia invest today in a fund that earns interest at 3.42% compounded…

A: Amount invested today$43828.29Explanation:Step 1:First of all, we have to calculate the effective…

Q: If $6,000 is invested at 3% compounded monthly, what is the amount after 9 years? The amount after 9…

A: Invested amount P = $ 6,000               Interest rate  r = 3 %  = 3100 = 0.03…

Q: Find the principal to get $1000 after 2 years at 6% compounded quarterly?  Round to nearest cent.

A: It is given that, the amount after 2 years is A = $1000, n = 4 since compounded quarterly, r = 0.06.…

Q: How much should a business save at the end of every quater if they need $100,000 in 5 years to pay…

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Q: John and Rosamond want to retire in 5 years and can save $170 every three months. They plan to…

A: The annuity formula is given by  A=m1+rnnt-1rn where r is the rate of interest  n is the number of…