To have $4400 in 4 years, how much do you need to invest now at 7.4% compounded semi- annually?

Q: A man needed P250, 000 at the end of 3 years, how much money must he deposit quarterly in an…

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Q: Caroline wants to have $10,000 in 5 years after investing in an account that earns 7.3% compounded…

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Q: How much more will an investment of $10,000 be worth after 25 years if it earns 6% compounded…

A: To find- How much more will an investment of $10,000 be worth after 25 years if it earns 6%…

Q: A $5000 investment is made in a savings account that pays 10%/a compounded quarterly. How long will…

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Q: Trinh invested $3800 at an annual interest rate of 8%, compounded annually. How much will she have…

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Q: You put $8,000 into an account that earns 4% interest compounded annually. How much money will be in…

A: We have to apply the compound interest formula for the given problem.

Q: A deposit of $3, 000 earns 2% interest compounded semiannually. How much money is in the bank after…

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Q: How much interest is earned on an initial investment of $700 with a 5 % annual rate for 2 years?

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Q: An investment of $5,650 is made in an account compounded quarterly at 5.1%. How much will the…

A: The term per cent means for every hundred. A fraction whose denominator is 100 is called a…

Q: Julia wants to have $5,000 in 10 years after investing in an account that earns 4.2% compounded…

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Q: We put $500 in an account earning interest compounded continously. What interest rate do we need if…

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Q: Mary invests $1500 in an account that earns an interest rate of 4% compounded continuously. Will she…

A: The objective of this question is to determine whether Mary will have enough money in her account…

Q: How much will an investment of $5,000 be worth in 8 years if it earns 2.2% in annual interest…

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Q: If Gabriel wants to accumulate $ 20,000 in 6 years to buy a car, how much would he need to invest…

A: The compound interest formula is A = P1 + rnnt In the formula, A = Accrued amount (principal +…

Q: To have $12 000 in 25 years, how much do you need to invest now at 6.5% compounded annually?

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Q: Jason thinks he can save enough to deposit P1,200 in the bank at the end of each year for the next…

A: The future value of an annuity is given by FV=PMT×1+in-1iWhereFV=future value of annuityPMT=cash…

Q: A deposit of $2, 150 earns 6% interest compounded quarterly. How much money is in the bank after for…

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Q: Find the amount of money there is after 2 years if $600 is invested at 5% compounded quarterly.

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Q: How much should you invest now at 5% compounded quarterly to have $8000 in 4 years?

A: As in compound interest quarterly A = P1+rnnt

Q: We invested $15000 in a project that returns 12% interest compounded annually (yearly). How much…

A: the formula used here, A=p(1+r100)t compund interest(CI)=A-p where, A=amount p=principal invested…

Q: If you want to accumulate $ 28,000 in 5 years to purchase a car, how much you need to invest today…

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Q: 9. Nicole invests $4400 in an account which pays 6.7% compounded quarterly. The number of years…

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Q: Karen has $1000 from investing in an account that pays 3.2% interest compounded quarterly at the end…

A: We will use formula for compound interest.

Q: invest $15,000 at 5.5% interest compounded monthly for 12 years. How much will you have accumulated…

A: Given that there is a investment $15,000 at 5.5% interest compounded monthly for 12 years.