monthly salary for October to December. What will be his average monthly savings for the entire year?

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: Suppose your one month balance (debt) on your credit card is $2000. If the monthly interest rate for…

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Q: $ 9000 loan is to be paid in 3 years at 3.6% compound interest per year, the accrued interest and…

A: =>Total amount of money to pay off the loan = Total payment at the end of first year +Total…

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: You put ​$200 per month in an investment plan that pays an APR of 4.5​%. How much money will you…

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Q: An investment of $75,000 increases at a rate of 12.5% per year. Find e value of the investment after…

A: An investment of 75,000 increases at a rate 12.5% per year. Find the value of the investment after…

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

A:

Q: You deposit $2000 in an account earning 2% interest compounded monthly. How much will you have in…

A: given, principal (P)=$2000           interest  rate (R)=2%= 2/100 =0.02     (for compounded monthly…

Q: $10,000 is invested for 10 years with an APR of 2% and quarterly compounding.

A: Given information P=$10,000 Rate of interest r=2%  ⇒r=2100=0.02 Time t=10 years For quarterly…

Q: $10,000 is invested for 5 years with an APR of 2.75% and monthly compounding.

A: The complete solutions are given below

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

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Q: If you start working with a savings account with a $.25 in it and your boss double it each day for 3…

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Q: $3000 is invested for 19 years with an APR of 3.88% and monthly compounding, The account balance…

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Q: You save 500 each month by depositing into an account earning 7% monthly. After 15 years you stop…

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Q: Compute I. P = $4500, r = 6%, t = 14 months

A: As we that the expression for the simple interest: I=P×r×t100 Where: 'P' is the principal, 'r' is…

Q: A population numbers 12 000 organisms initially and decreases by 4% each year. Suppose P represents…

A: As per the company guidelines we can solve first question. I hope that the given solution will help…

Q: What is the accumulated amount earned on $20,000 invested at 3% per year for 5.5 years

A: We have to find the interest first and by adding investment value we get the accumulated value

Q: An investment pays simple interest, and triples in 17 years. What is the interest rate

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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: ​$9000 at 4​% compounded annually for 7 years

A: Given information Present value P=$9000 Rate of interest r=4% Time t=7 years Formula used:-…

Q: find simple interest on $1250 for 10 months at 12%

A: To find simple interest on $1250 for 10 months at 12%

Q: Based on making 46000 a year and saving 16% of that monthly income what is the monthly amount that…

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Q: K A pension fund manager decides to invest a total of at most $40 million in U.S. Treasury bonds…

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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: 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,