In how many years (rounded to the 3rd decimal place) will Fund A and Fund B have equal value?

Q: You are given $2000 and told to invest in one of the following accounts. Which account will give you…

A: Formula of compounded investment: A=P1+rnnt where A= Ending Amount P=Principal Amount r=Interest…

Q: 850 b. 450

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Q: d. In(3x): da

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Q: Find the final amount of money in an account if $3,900$3,900 is deposited at 7%7% interest…

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Q: Rachel receives $2,800 pay each month from her job. If she spends 24% on rent and 12% on food, how…

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Q: If $13,000.00 is invested at 12% annual simple interest, how long does it take to be worth…

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Q: If you borrow $4500 at 3.5% interest compounded continuously, and make no payments toward the loan,…

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Q: Four thousand dollars is deposited in a savings account at 7​% interest compounded quarterly. Find…

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Q: Assume that Bob deposited $3,000 per year in a bank account. Since the bank offered a compound…

A: As per the question we are given the principal deposited after each year as $3,000 ; the annual…

Q: how much will deposits of dollar 200 made at the end of each quartar amount to after 9 years if…

A: The process of depositing an amount after each fixed time is called recurrent deposits. The final…

Q: If $6000 is borrowed at 7.5% simple interest for 2 yr, _____ then the amount of interest is

A: The value of principal is P=$6000. The rate of interest is R=7.5%. The time is given by T=2 years.…

Q: what number represents an amount being compounded annually?

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Q: y 135%,

A: answer is in next step

Q: If the present worth of a company is 3000$ with interest rate of 9% for 6 years, the EUAC of the…

A: Given: Present value = $ 3000 Interest rate = 9% Number of periods n = 6 years

Q: $4,000 is invested at 3% for 7 years. Find the amount of interest earned if interest is compounded…

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Q: savings account pays simple interest at 6% annually. If the account starts with $5000, how much will…

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Q: Given 6000 pesos invested at 1.5% Simple interest per annum; how many pesos total will you have at…

A: We can solve the problem by simple interest formula.

Q: How many years if the computed total conversion periods is 51 when compounded quarterly?

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Q: How much money would be in an account if $ 700 $ 700 is deposited at 2.5 % 2.5 % interest compounded…

A: Given that, the deposited amount is P=$700, the rate is r=0.025, the interest is compounded weekly…

Q: 35% of its value each year.

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Q: QUESTION 2 A stock worth $370 loses 14% of its value in a month. By what percentage would it need to…

A: By losing the value by 14%, the present value of the stock is     $ 370 × (100 - 14)/100   = $…

Q: Find the final amount of money in an account if $6,500 is deposited at 3% interest compounded…

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Q: Ms. Roberts decided to invest some money in an insurance company with an interest rate of 9%…

A: Given that interest rate is 9%. The formula for calculating compound interest is given by, A= P(1+…

Q: Find the rate of interest if N2,800 gains N600 in 5 years

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