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Q: Prinicpal                13,800 Rate %                  9.4 Time                      3 3/4…

A:

Q: accumulate enough money for a down payment on a house, a couple deposits $597 per month into an…

A: We will find out the required value.

Q: Ingrid deposit $7,000 into an account that earns 1.5 interest compounded quarterly how much money…

A:

Q: You deposit $100 each month into an account earning 2% interest compounded monthly. a) How much will…

A: The details solution is given below

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

A:

Q: 5,000 is deposited into an account paying 10%  annual interest. Find the value after 20 years if the…

A:

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

A:

Q: You deposit $370 each month into an account earning 7.2% interest compounded monthly. a) How much…

A: (a) Let r be the interest rate and P be the amount deposited at each month So initially the account…

Q: You deposit $200 each month into an account earning 4% interest compounded monthly. a) How much will…

A:

Q: For simple interest, present value can be calculated using: OP=A-I OP=A+I OP= Prt OP=I-A

A: A = final amount (future amount)P= initial amount (present amount)I = interest amount