If you placed $1 into an account that paid interest at a rate of 6% and compounded the interest quarterly, how much would that account be worth in 300 years?

Q: You deposit $4000 each year into an account earning 3% interest compounded annually. How much will…

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Q: f you $15,000 in an account with a 4.5% interest rate, compounded quarterly, how much money will you…

A: The formula for final Amount if compound interest calculated. A=P(1+rn)nt…

Q: Find the amount of money in an account after 10 years if $1,300 is deposited at 8​% annual interest…

A: Principal p =$1300 deposited  Rate =8% annual compounded monthly Time = 10 years To calculate total…

Q: If you need $8000 to travel to Europe after you graduate in 4 years.  How much would your monthly…

A: The compound interest formula is,

Q: How much will $12,700 become if it earns 8% annual interest, compounded quarterly, for 60 years?

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Q: A deposit of $3, 000 earns 2% interest compounded semiannually. How much money is in the bank after…

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Q: Find the final amount of money in an account if $7, 600 is deposited at 6.5% interest compounded…

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Q: An investment of $5,650 is made in an account compounded quarterly at 5.1%. How much will the…

A: The term per cent means for every hundred. A fraction whose denominator is 100 is called a…

Q: Given the principal of $5000 and an investment that pays 8% interest, compounded monthly. How much…

A: Consider the given information.   The principal amount is $5000 at the rate of 8% and invested for 7…

Q: You deposit $4000 each year into an account earning 5% interest compounded annually. How much will…

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Q: A deposit of $2, 150 earns 6% interest compounded quarterly. How much money is in the bank after for…

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