nt Jse the compound interest formulas A = P 1+ and A = Pe" to solve the problem given. Round answers to the nearest cent. Find the accumulated value of an investment of $20,000 for 7 years at an interest rate of 4.5% if the money is a. compounded semiannually; b. compounded quarterly; o compounded monthly; d. compounded continuously. a. What is the accumulated value if the money is compounded semiannually? Round your answer to the nearest cent. Do not include the $ symbol in your answer.) p.What is the accumulated value if the money is compounded quarterly? Round your answer to the nearest cent. Do not include the $ symbol in your answer.) C. What is the accumulated value if the money is compounded monthly? Round your answer to the nearest cent. Do not include the $ symbol in your answer.)

Q: How much interest (in dollars) is earned in 7 years on $8,400 deposited in an account paying 8%…

A:

Q: Use compound interest formula to determine value of an account at the end of 7 years if the…

A: To find the value of r and n, divide the rate of interest by 4 and multiply the period by 4,…

Q: If you invest $300 into a savings account that earns 8% annual interest compounded monthly, how much…

A: Here we find compounding.

Q: McKinnon's Machinery sets aside ​$4200.00 at the beginning of every three months in a fund to…

A: McKinnon's Machinery sets aside ​$4200.00 at the beginning of every three months in a fund to…

Q: This Question: 1 pt Find the APY corresponding to the following nominal rate. 4% compounded…

A:

Q: encourage new members a bank offers a savings account of 2.4% interest mpounded monthly provided new…

A: We will determine the account value after 10 years.

Q: Find how much money needs to be deposited now into an account to obtain $3,900 in 6 years if the…

A:

Q: Question 14 > You would like to have $600,000 when you retire in 35 years. How much should you…

A: You would like to have $600,000 when you retire in 35 years  earn a rate of 5.8% compounded…

Q: If $4000 is borrowed at a rate of 6.75% interest per year, compounded quarterly, find the amount due…

A: Topic-compound interest

Q: How much money would you need to invest today at 6% interest compounded quarterly to have 5,387.43…

A:

Q: QUESTION 3. $4500 is deposited for 4.5 years in an account that pays 4.5% interest compounded…

A:

Q: A grandparent puts $5,000 into a college education fund for a grandchild. If the fund earns 3.75%…

A: Given that: Principal(P) is $5000. The rate of interest(r) is 3.75%. Time(t) is 16 years and n is…

Q: How much is a $6000 investment going to be worth in 2 years if it earned an annual rate of 4.35%…

A: Given,Initial amount=Time=2 years.rate=

Q: 64. $5000 grows to $5438.10 in 2 yr under continuous compounding. Find the interest rate. Round to…

A: Since you have posted multiple question in this question so I have solved first question as per our…

Q: A demand loan for $10,516.65 with interest at 6.6% compounded annually is repaid after 4 years, 7…

A:

Q: Find the amount that results from the investment. Round the answer to the nearest cent $480 invested…

A:

Q: How much is a $2500 investment going to be worth in 9 years if it earned an annual rate of 3.75%…

A:

Unitary Method

The word “unitary” comes from the word “unit”, which means a single and complete entity. In this method, we find the value of a unit product from the given number of products, and then we solve for the other number of products. 

Speed, Time, and Distance

Imagine you and 3 of your friends are planning to go to the playground at 6 in the evening. Your house is one mile away from the playground and one of your friends named Jim must start at 5 pm to reach the playground by walk. The other two friends are 3 miles away.

Profit and Loss

The amount earned or lost on the sale of one or more items is referred to as the profit or loss on that item.

Units and Measurements

Measurements and comparisons are the foundation of science and engineering. We, therefore, need rules that tell us how things are measured and compared. For these measurements and comparisons, we perform certain experiments, and we will need the experiments to set up the devices.