Previous 1. 5. 9. 7, 8. 6, 10 Next Question 2 of 19 (1 point) Find the missing value. Round your answer to the nearest cent. Principal Rate Time Simple Interest $8,100 6.61% years $ PE

Q: $10,000 is deposited in a money market account when interest is compounded every month at an annual…

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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: You borrow 150000 DHS from your dad and promise to pay back 176550 DHS in thirty-six (36) months.…

A: We use the following:

Q: Calculate the accrued interest (in $) and the total proceeds (in $) of the bond sale. (Round your…

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Q: Find the simple interest. Principal           Rate           Time in Months $10000              4%…

A: Given,            Principal           Rate           Time in Months             $10000…

Q: Determine value of an account at the end of 9 years where a principal amount of 9000 was deposited…

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Q: Find both the exact and ordinary interest on $35,900 at 15-% for 161 days. Then find the amount by…

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Q: [Select] Question 8 L 3 pts Yesenia purchased a car for $16,789.23. She obtained a 72 month term…

A: B(60) = $ 3083.88Explanation:

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

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Q: Calculate the amount of simple interest earned. $1,000 at 8% for 6 years

A: IP

Q: An amount of P dollars is borrowed for the given length of time at an annual interest rate of r.…

A: Given Data: The amount of dollars borrowed for the given length of time is: P=$2900 The annual…

Q: Determine the periodic payments PMT on the given loan or mortgage. (Round your answer to the nearest…

A: Solution:-

Q: A student takes out a college loan of $8000 at an annual percentage rate of 4%, compounded monthly.…

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Q: Change the given form into the decimal form. 5-% A 0.00525 B) 0.0625 C) 0.525 D) 5.25 E) 0.0525

A: Note: As per our guidelines, I have solved one problem. If you want a solution for other, kindly…

Q: Find the compound amount for the deposit. Round to the nearest cent. $1000 at 6% compounded…

A: Given: The principal amount is $1000. The interest rate compounded semiannually is 6%. The time…

Q: [Select] Question 8 L 3 pts Yesenia purchased a car for $16,789.23. She obtained a 72 month term…

A: For Question 8:Given:- Principal amount (initial loan amount), Bo = $16,789.23- Monthly payment, M =…

Q: The principal represents an amount of money deposited in a Principal savings account subject to…

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

A: The objective of this question is to find out the initial deposit (P) required to grow to a future…

Q: Find the simple interest. Assume a 360-day year. Round results to the nearest cent. $12,000 at 5.25%…

A: Given that:   P= $ 12,000   Rate (r) = 5.25 % per years   Time (t) = 92 days   To calculate the time…

Q: If the accumulated amount in an account is $5,000 at the end of 3 years and the simple interest rate…

A: According to the given problem, we have

Q: Determine the simple interest. The rate is an annual rate. Assume 360 days in a year. p= $470,…

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Q: Find the balance and interest of $4200 deposited at 2.7% for 5 years.(round to the hundredths place)…

A: Given that $4200 is deposited for 5 years at 2.7% rate of interest,which is compounded annually. We…