If you deposit 5000RS into an account paying 8.25% annual interest compounded semiannually, how long until there is 9350RS in the account

Q: Yoy deposit $200 each month in an account earning 3% interest compounded monthly. How much total…

A: Given that $200 deposited each month in an account and earning 3% interest compounded monthly.

Q: If 400 is deposited now in a saving account with an interest of 8%. What will be the amount in the…

A: There is no such introduction for the solution.I have explained it within the solution.Please go…

Q: How much money will i have if I am going to deposit 1000$ every month starting now for 5 years if…

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Q: If $1800 is deposited in anaccount that pays 2.7% annual interest compounded monthly, what amount…

A: P=$1800r=2.7%=2.7100=0.027t=9n=12

Q: Find the present value that will grow to $5000 if interest is 6.5% compound quarterly for 15 years.…

A: Given that future value is $5000 and interest is 6.5% compound quarterly for 15 years. Find the…

Q: To save for retirement, a student invests $30 each month in an ordinary annuity with 3% interest…

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Q: City Wide Delivery Service uses vans costing $24,800 each. How much will the have to invest today to…

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Q: Find the amount of money in an account after 4 years if $1800 is deposited at 5% annual interest…

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Q: A company has a tax bill of $14,930 coming due in 10 months.  They would like to save for this bill…

A: Let $x is the amount of money deposited each month  So at the end of first month, the bank account…

Q: Suppose that a person deposits $10,000 in a savings account at a bank yielding 11% per year with…

A: The compound interest formula : A=P1+rnnt, where , A= Final amount P=Principal or Initial…

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.