in months in dollars 0 450 1 4

Q: John has invested $1200 into an account at 2% interest semiannually, what will his future valu be…

A: topic - compound interest

Q: Calculate the amount of interest on an investment of AED 160,425 at 8% simple interest for 4 years.

A: To Calculate the amount of interest on an investment of AED 160,425 at 8% simple interest for 4…

Q: An account with an initial balance of 1500 earns 7% interest for 1.5 years. What is the ending…

A: Given:   Initial Amount P = 1500   Interest rate r = 7%   Time = 1.5 years   Find ending balance A…

Q: You have a credit card that has a balance of $12,000 at an APR of 18.99%. You plan to pay $600 each…

A: Solution:-The loan amount on the credit card i.e. PV =$12000APR =18.99% p.a. i.e. 18.99/12 =1.5825%…

Q: Cisco Systems paid an annual dividend of $0.82 per share in a recent year. Calculate the dividends…

A: The objective of the question is to calculate the total dividends paid to a shareholder who owns…

Q: Start working with a savings account with a quarter in it and your boss doubles it each day for…

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Q: The future dollars of an investment at the end of 8 years is $ 132,000. Its today’s dollars is $…

A: INTEREST PAID BY BANK AT THE END OF 8YEAR=$132000-$76825=$55175 REAL RSTE OF INTEREST OF…

Q: Suppose you deposit $2000 at 9% interest compounded continously. Find the average value of your…

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Q: Suppose $100 is withdrawn at the EOY 2026, emptying an account that earns 7% interest, compound…

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Q: In 1 year, you will be paid $1.Will the PV increase or decrease if the interest rate goes up?

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Q: on

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Q: An investment pays simple interest, and doubles in 13 years. What is the interest rate? Answer =

A: Formula for simple interest is :  I = P×R×T where ,   P = Principal  Amount  R = Annual rate of…

Q: The schools principal estimates that the current enrollment of 750 students will increase 5% each…

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Q: If you purchase a $600 item and pay for it with monthly installments for 2 years, the monthly…

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Q: If $600 is borrowed and the interest after 24 months is $120, what is the annual interest rate for a…

A: Solution

Q: Suppose you want to have $500,000 for retirement in 20 years. Your account earns 4% interest. How…

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Q: Richard invests $205.42 every month into his retirement. At the end of 30 years, he has a balance of…

A: ANSWER :

Q: Suppose your have no balance (debt) on your credit card.  If you spend $150 in a month and paid…

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Q: Discount p500 for 2 years at 6% simple interest?

A: The simple interest formula for a principal amount(p) for t years at an interest rate of r% is given…

Q: Money deposited in a fund triples every 8 years. If the bank compounds the interest continuously,…

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Q: suppose your $1200 laptop depreciates 1% per week.  After what week will your computer first become…

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Q: You want to save $20,000 for a down payment on a home by making regular monthly deposits over five…

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Q: You put $399 per month in an investment plan that pays an ApR 6%. How much money will you have after…

A: Given: PMT=$399 APR=6% money after 15 years =?

Q: You put ​$350 per month in an investment plan that pays an APR of 4.5​%. How much money will you…

A: let   P = $350 the principal invested r = 0.045 or 4.5% annual interest rate   t = 21 years

Q: A gift card loses 10% of its value every year. At the end of 10 years, what percent of the gift…

A: Given, a gift card loses 10% of its value every year. At the end of 10 years,