Principal: $5000 Interest Rate: 3.75% Time: 25 years Compounded Monthly be futuro bale

Q: 2,000 for 2 years at 4.5% compounded monthly. Find the total amount accumulated.

A: Initial amount= P= 2000  Time= t= 2 years  Interest rate= 4.5% = 0.045  Final amount=A=? Number of…

Q: principal: $17,300 interest rate: 20% compounded quarterly calculate the effective rate (apy) of…

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Q: $450 is deposited at the end of each quarter for 1.5 years at 10% interest per year compounded…

A:

Q: Rachel deposits $12,000 into a fixed asset account that earns 6% compounded quarterly. What is…

A: Formula:      where FV = Future Value          PV = The principal amount (the initial amount of…

Q: $20,000 in a fund paying 2% per year, with monthly payments for 5 years PMT =

A: The objective of this question is to calculate the monthly payments (PMT) for a fund of $20,000 that…

Q: $25,000 at 8% for 3 years compounded annually

A: I have used compound interest formula

Q: Find the apy for an account earning 4.3% compounded six times a year

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Q: 4. Maryam has $6800 in a daily-interest savings account. The account pays an annual interest rate of…

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Q: You put $500 into an account paying 2% compounded monthly. What size can you withdraw at the…

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Q: Calculate the simple intrest for $2400 borrowed for 2 years at 4% per annum

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Q: $1,000 for 5 years at 3% compounded quarterly

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Q: Determine the amount to be paid back if $6500 is borrowed for 9 years at 2.5% compounded annually.

A: We have direct formula for compound maturity amount, i have used that.

Q: find the lump sum deposited today that will yield the same amount as monthly paymenst of  $100 with…

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Q: The principal P is borrowed and the loan's future value A at time t is given. Determine the loan's…

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Q: Solve for Compound Interest and Amount.......6 month.....Principal $15,000........Rate…

A: The given principal amount at the rate  for months compounded semi-annually.The objective is to…

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:-…

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.