Try this: 1) An initial investment of $100,000 at 12% interest is compounded weekly (52 weeks = 1 year). What will the investment be worth in 30 years?

Q: Dave wahts to have $30 000 in four years to buy a used car. How much money does Dave need to invest…

A:

Q: The APY of 1,000 invested at 6% with semiannual compounding is ?

A:

Q: How long (in years) will it take to triple your money if it is invested in a certificate of deposit…

A: Money is invested in a certificate of deposit (CD) and it is given that,Annual interest rate = 4% =…

Q: An initial investment of 1,500 was put in a bank.  The yearly growth is 6% compounded monthly.  How…

A: FV=P(1+r/m)^mt

Q: Mr. Belvedere hopes to purchase a new home for $200,000. His savings account accrues interest at 5%…

A: Given Use formula

Q: man invests R2500 at a a compound interest per annum of 8% .Why amount will he receive at the end of…

A:

Q: Five years ago, you entered into a 10-year investment of principal P (in pesos) with simple interest…

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

Q: How long will it take an investment of $8,000 to grow to $10,000 if the investment earns interest at…

A: The compound interest formula ( if the interest is compounded on daily basis) is given by:

Q: P40,000 was put into an investment that pays a rate of r%  compounded semi-monthly for 4 years. What…

A:

Q: Use the compound interest formula A = P(1 + r) to find the annual interest rate, r, if in 2 years an…

A: Given data

Q: Pascal receives a financial gift from his grandparents, which he invests at an interest rate of 5.5%…

A:

Q: $20,000 is invested at an annual interest rate of 12%, compounded semi-annually. What is the balance…

A:

Q: how much money should be invested in an account that earns 7% interest, compounded quarterly, in…

A:

Q: An investment of $2000 earns interest at 6% p.a. Its compounded semiannually over 3 years. What is…

A:

Q: If you invest $7,000 in an account paying 3% interest compounded quarterly: how much will be in the…

A:

Q: Mary invests $3500 at 2.75% compounded continuously. How much money will be in the account after 6…

A: Given Principal amount p = $3500 Interest rate r = 2.75% = 0.0275 Time t = 6 years

Q: Morris’s parents would like to retire in 20 years with a total of $400000. How much would they need…

A:

Q: How long, in years, will it take an investment of $1000 to triple to $3000 at annual simple interest…

A: