invest in an ordinary annuity $3000 annually at 7% annual interest. What is the future value of the annuity at the end of five years? How much have you invested? How much interest has your annuity earned? The future value is $________ The total investment was $__________ and the earned interest was $_______

Q: Noah invests $3,600 for two years.   The account pays 0.43% monthly compound interest. To the…

A: It is given that, principal amount invested is P = $3600, percentage rate is r= 0.43%, No of times…

Q: What was the initial amount deposited in the bank account? Round your answer to the nearest integer.…

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Q: You deposit $500.00 every month into an account earning 2% interest compounded monthly. How much…

A: solution of the given problem is below...

Q: To find the amount A in an account after t years with principal P and an annual interest rate r (in…

A: Given: To find the amount A in an account after t years with principal P and an annual interest rate…

Q: How an aclount in the account in 8 years Assume the account. earns 6% interest CompoyAced monthly…

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Q: Last year, Astha bought a new car for $30,000.  At the end of the year, the value of the car had…

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Q: You deposit $ 9,906 in an account earning 4 % interest compounded monthly. How much will you have in…

A: Given Data: The principle investment is: P=9906 $. The interest rate is per month is: r=4% Total…

Q: How were algebraic structures discovered?

A: This transcend through history of some brilliant mathematical genius who could find pattern in…

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: In compound interest, time is divided into interest periods. During each period, interest is earned…

A: Common difference (r) = second termfirst term

Q: Saving Account: A man invests $8,000 in a savings plan that pays 7% per year. How much money will be…

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Q: You deposit $500.00 every month into an account earning 8% interest compounded monthly. How much…

A: In this question, concept of compound interest is applied. Compound Interest Compound interest is…

Q: You invest $1,000 in an account that pays 7% simple interest.  What will the balance be after 8…

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Q: You deposit $300 in an account earning 6% interest compounded annually. How much will you have in…

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Q: You deposit $3000 in an account earning 8% interest compounded monthly. How much will you have in…

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Q: Find the balance if $30000 is invested in an account paying 4.5 % interest compounded semi-annually…

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Q: Am investment pays simple interest, and triples in 9 years. What is the interest rate? _____ percent

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Q: ate of 6%, how much If the balance at the end of eight years on an investment of $230 that has been…

A: Given amount = $285.20 principal = $230