In 6 years Harry and Sally would like to have $24,000.00 for a dow use. How much should they deposit each month into an account payi nded monthly?

Q: You borrow $950 from your brother and agree to pay back $1000 in 19 months. What simple interest…

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Q: How much would you need to deposit in an account each month in order to have $10,000 in the account…

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Q: How long will take for a deposit of $1400 to earn total interest of $300 if the bank is offering an…

A: Simple Interest Formula : I = PTR where I = simple interest earned P = initial investment T = time…

Q: If $10,500 is borrowed for 5 years at an annual simple interest rate of 1.73%, how much interest…

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Q: Grandma Riley wants to help Scott while he's in college by giving him a $220 monthly allowance for 5…

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Q: How much interest (to the nearest dollar) would be saved on the following loan if the home were…

A: We will find out the required value.

Q: How much would you need to deposit in an account each month in order to have $10,000 in the account…

A: Let the monthly payment be P . It is provided that future value, A=10000 . The rate of interest, r…

Q: An individual borrowed ​$78,000 at an APR of 3​%, which will be paid off with monthly payments of…

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Q: Sue to make $2000 interest if she invests 10,000 in an account that offers 4% p.a. ?

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Q: f a woman making $33,000 a year receives a cost-of-living increase of 2.5%, what will her new salary…

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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: What interest would be charged on a loan of $3000 at 4% interest for 1 ½ years?

A: Given information,

Q: How much would you need to deposit in an account each month in order to have $20,000 in the account…

A: We know that Simple interest = PTR/100 Here Time is 7 years and Rate is 6%  Amount is 20000$. Amount…