Jeanalyn is saving P6,000 every end of quarter for 8 years for the college education of her only child. The money earns an interest of 14% compounded quarterly. Find the amount of the fund if her fist deposit was made at the end 1 year. *

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…

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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: Yoy deposit $200 each month in an account earning 3% interest compounded monthly. How much total…

A: Given that $200 deposited each month in an account and earning 3% interest compounded monthly.

Q: Sarah invests $4848 in a savings account with an annual interest rate of 5% compounded 2 times per…

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Q: Joy invests $18,000 into an account at an annual rate of 0.6% simple interest for 36 months.…

A:

Q: what is the 2%interest rate over 5 years

A: here given    carlos has 3000 to open a bank account p =3000 R =2% N = 5 years  I =PRN100

Q: Megan has $50,000 in her college fund that earns 6.4% compounded quarterly. She would like to make…

A: Given: Megan has $50,000 in her college fund that earns 6.4% compounded quarterly. She would like to…

Q: You have $300,000 saved for retirement. Your account earns 8% interest. How much will you be able to…

A: It is given that,      r= annual interest rate=8%=0.08      k=monthly compounding=12      N=number…

Q: Find the simple interest and total amount if you borrow $8000 at 12% for 3 years.

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Q: Johnson placed $15,000 into his credit union account paying 7% compounded semiannullay. How much…

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Q: You have 300,000 saved for retirement. Your account earns 4% interest. How much will you be able to…

A: Given that, You have 300,000 saved for retirement. Your account earns 4% interest. We need to find…

Q: Richard spends $22.72 every month into mortgage at the end of 30 years he has a balance of…

A: Amount spends by Richard every month = $22.72 Time period of amount spent in months = no. of years *…

Q: A youth sports league receives a ​$30,000 donation for building a new snack bar and office building.…

A: A=P1+rnntFor quarterly, n=4

Q: Lori deposited $4,500 into a 30-year retirement account that earns 3% annual interest, compounded…

A: