ogeb brs visise woy lo 00.008. evea uoy scog What I Can Do er erinom Ot sot CAS overd of bluade roun Eni You were given an idea on one of the greatest investor in the world under "What's New". Now, imagine yourself as a great investor in your hometown. Create your own simple interest word problem or compound interest word problem using your full name as the character ther, solve for the unknown. 00.00, na liw pnol wok

Q: Farah borrows $1588 for 5 years at a simple-interest rate of 6%. Then the interest will be: $833.70…

A: in the given question we have to tell about the total intrest money given on$1588 at the simple…

Q: Option 2: Problem Solving You wish to invest P10,000 for a period of 5 years. Which of the following…

A: The principal amount we have is ₱10000 and the time period is 5 years.  Therefore,  P=₱10000 t=5

Q: How would you write the official notation for the present value factor for a continuous payment of…

A: Continuous yearly payment: $1 Time period: 45 year  Rate of interest : 5%

Q: Find the future value of a simple interest loan of $18,000 at 6.1% interest for 9 months Give your…

A: As we know that the simple interest on a principle P with interest rate r for t times is(t=years)…

Q: For some of money to double itself in 5 years, what must be the rate of interest converted…

A: Let the initial principal amount  =P after five years amount A=2P time =5 years n=6 (bimonthly)…

Q: A fund is to be created by investing P10,000 at the end of every month for 10 years. If money is…

A: An annuity is a type of investment where the person depositing the amount develops a sequence of…

Q: A reverse mortgage is a way to use the equity in your house to pay for living expenses. Paul is…

A: Solution

Q: HOW IS THE MONTHLY PAYMENT OF 350,00 LOÀN WHICH IS TO BE REPAID MONTHLY FOR 1 YEAR WITH AN INTEREST…

A: This is a compound interest problem and I solved it in the next steps.

Q: On January 1, 2022, Marites deposited P15,000 in a bank that offered 2.5% annual interest compounded…

A: Given that, Amount deposited on January 1, 2022 = 15000 rate (r) = 2.5% compounded monthly, So, n=12…

Q: If you were investing money in an account and the interest rate was the same either way, would you…

A: If the same amount of money is deposited and the same rate of interest is applied then: Simple…

Q: John borrowed P15,000 for 2 years and 6 months, with simple interest at 9%. How much does he owe at…

A:

Q: Suppose $100 is withdrawn at the EOY 2026, emptying an account that earns 7% interest, compound…

A:

Q: Moraine Valley needs $870,000 in 3 years for a new parking lot. Using the Table method, Sinking…

A:

Q: Can you give me the formula 4 interest on an investment

A: To find a formula which gives relation between investment and interest.

Q: What simple interest rate is necessary for $850 to be worth $1200 after 15 years?  Enter your answer…

A: We know the simple interest formula ,  A = P1 + rt  , where A = final amount ,  P = Initial…

Q: Attucks College predicts that in 18 years it will take $250,000 to attend the college for four…

A:

Q: Please help me with this question please thank you it’s due today:(

A:

Q: If the difference between ordinary and exact Interest is $ 3, find the ordinary interest?

A: Assume x= number of days in a loan period. So, ordinary and exact interest will be,

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: Find the interest of P50,000.00 deposited in a bank that pays 5 ½ % in 165 days. (Hint: 1 year 360…

A: Solution

Q: Ruqaiya borrows $1917 at a simple-interest rate of 7% for 3 months. Then the Discount will be: O…

A:

Q: help

A: The main difference between simple and compound interest

Q: How much interest (to the nearest dollar) would be saved on the following loan if the condominium…

A: Loan amount = 264,000 x (70%) = 184,800 Let's assume the monthly payments (EMIs) are made to pay…

Q: Find the balance of an account that starts with $12,000 at a 4.8% annual interest rate after 7…

A: Given  Principal P= $12000 Rate of interest = 4.8% = 0.048 Time T = 7 years.  We have to find the…

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

A:

Q: give 10 simple interest question problem and 10 compound interest

A:

Q: 9. Net Present Values are to a. b. C. d. 10. Cashflow for annuity calculation must be: same time…

A: This is a question of Econometrics.

Q: 3. Savings Account: Your grandparents put $5,000 in a savings account when you were born. Your age…

A: We’ll answer the first question since the exact one wasn’t specified. Please submit a new question…

Q: Would it be better to have a loan with 5% interest paid back over 2 years, or a loan with 2%…

A: To determine which loan is better, we need to calculate the total amount of interest paid over the…

Q: Describe the difference between simple interest and compound interest. As an investor earning…

A: Explanation: A simple interest is the interest that strictly on the principle amount while a…