How much should you put in an investment paying a simple interest rate of​ 5% if you needed​ $4000 in eighteen​ months?

Q: if $250 investment earns 5 1/2 interest year how much additional money must be invested at 6% to…

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Q: How much simple interest would an investment of $2500 earn at the end of 10 years if the interest…

A: Given p=2500, rate =10% per year, time = 10 year

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: To have $4400 in 4 years, how much do you need to invest now at 7.4% compounded semi- annually?

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Q: A machine costs 150,000 and will have a scrap value of 10,000 when retired at the end of 15 years.…

A: Solution

Q: How long will it take $11,000 to grow to $16,500 at a simple annual interest rate of 5%?

A: Initial amount (P) = $11000Final amount (A) = $16500Interest rate (r) =5%=0.05

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: How much interest is earned on an initial investment of $700 with a 5 % annual rate for 2 years?

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Q: What present value amounts to $7,000 if it is invested for 18 months at 4% simple interest?

A: Amount = $7000 Time = 18 months = 1.5 year Rate = 4% = 0.04 Interest = Amount × Time × Rate

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: How long will it take for your initial investment of $4,775 to reach $7,500 if the money is invested…

A: We are given Principal Amount P=$4775,   Total amount (Principal+Interest) A=$7500,   Interest Rate…

Q: If you want to earn 15% annual simple interest on an investment how much should you pay for a note…

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Q: A $40,000 investment in a mutual fund doubled to $80,000 in 5 years. What was the investment’s…

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Q: Karen has $1000 from investing in an account that pays 3.2% interest compounded quarterly at the end…

A: We will use formula for compound interest.

Q: How much will a U.S. Treasury bill be worth after 11 months if it was bought for $4,000 and earns…

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