Johu depo s. ted 100o at the ed of ecvery cn RR sP for 7 years. month uto The Interest rate earned voas 4.50%. Semi-anually for te Finet Componded 4 4 yeurs and Chauged to 4.75% Companded montaly for the hext 3 yoas. klhat voas tre accamutated lalwe of The RReP at te eud af 7 years? at tte emd af 7 Romd to the nearest Cent.

Q: if $24 is is invested at a simple interest rate of 2% per year what was the account balance be after…

A:

Q: ind in m 32, com

A: Principal amount P = 32000 time = 1 year  Rate of interest R = 5% per annum The simple interest is…

Q: Basim borrows OMR 3580 for 4 months at a simple interest rate of 6% per year.Determine proceeds. a.…

A: Consider the provided question, Basim borrows OMR 3580 for 4 months at a simple interest rate of 6%…

Q: F Sandy can afford car payments of S450 per month for 6 yoars, what is tha price of a car that she…

A: The amount is given by the formula A = P + I   First, find the interest by using the formula:…

Q: Use a calculator to evaluate the present value of an annuity formula P = m   1 −   1 +  r n   −nt…

A: Given formula: P=m*1-1+rn-ntrn Given information: n=12 m=$1050 t=9 yr r=6%.

Q: to retire a bond of $100,000.00 in 5 years what amount needs to be deposites at 8%.

A:

Q: Find ordinary and exact interest on P10 800 for five days at 8% simple interest

A: We need to find Ordinary and exact interest rate. We have given that , P = 10800 r = 8 % = 8100 =…

Q: A man gets an invoice for ​$460 with terms 4​/10, ​1/15, ​n/29. How much would he pay 26 days after…

A: solution-:Invoice amount: $460Term 4/10= 4% discount if paid early within the first 10 days of the…

Q: If $500 is deposited each quarter into an account paying 8% compounded quarterly for 3 years, find…

A: Compounded quarterly n=4

Q: Consider an investment of $1,500 for four years at 3.75% simple interest. a. Find the amount of…

A:

Q: Engr. Velasco decided to subscribe in a globe promo which must be paid P 4,278 per month for five…

A: Engr. Velasco decided to subscribe in a globe promo which must be paid 4,278 per month for five…

Q: 3. Determine the Present Value of an annuity which provides payment of $1200 every month for 6…

A: Concept: Future value: Amounts of money or streams of cash flows that are anticipated in the future…

Q: Basim borrows OMR 3580 for 4 months at a simple interest rate of 6% per year.Determine proceeds. -…

A:

Q: Enily bought a $205,000 house down onel financing 10% the rest at s%e intorest fér 20years. Find…

A: Given that Enily bought a house for $205000 10% of this amount has being paid as down payment. So,…

Q: was Charged m terest oF $ 158 for a loan amond of Jouce $4,500 toid She bonrowoed for 160 days.…

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Q: deposit $500 in a savings account with 3% interest compounded annually. What is the balance in the…

A:

Q: 1. Determine the simple interest earned on each investment. a) $400 is invested at 3.5% annual…

A:

Q: Use a calculator to evaluate the present value of an annuity formula   for the values of the…

A: Answer:- Given, m = $ 50r = 5% = t = 9 yearn = 12Using formula, The present value of an annuity,

Q: how much will amortize a product with a down payment of 3,000 Php for a monthly payment payable for…

A: Given Price = 21,000 and 15% discount  time = 2 years

Q: Suppose a six-year bond is purchased for $5600. The face value of the bond when it matures is $7868.…

A: Suppose a six-year bond is purchased for $5600. The face value of the bond when it matures is…

Q: Find the future value of an annuity due of $2000 paid at the beginning of each 6-month period for 8…

A: The future value of the annuity is calculated using the formula: S=P1+in-1i1+i. Here, P is deposited…

Q: Eind th interest 32,000 campoun

A: The formula for simple interest is given by: SI = P×R×T100, where P denotes the principal amount, R…

Q: f a car valued at R255000 depreciates on a reducing balance method at an interest rate of 12.5% p.a…

A: Given that: Time period = 7 years Interest rate = 12.5% per annum  Current value of the car =…