What amount will be paid at the beginning of every month for 10 years if the present value is 200, 000 and the interest is paid at 6% monthly?

Q: if $24 is is invested at a simple interest rate of 2% per year what was the account balance be after…

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Q: Suppose an amount ₱ 500.00 is invested for 2 years at 6% interest rate. How much is the earning of…

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Q: Find the amount borrowed if $800 is due at the end of 7 months when an annual simple interest rate…

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Q: What cash payment is equivalent to making payments of 1560 at the end of every year of 9 years if…

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Q: Determine the interest earned if $87000 is invested at 1.7% simple interest for 47 months.

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Q: Calculate the simple interest earned in 1 year on a deposit of $1900 if the interest rate is 8%.

A: *** This is the problem related to financial mathematics and we are Advanced math expert and have…

Q: What is the interest due if $500 is borrowed for 6 months at asimple interest rate of 6% per annum?

A: Given:     Principal (P) = $500     Interest rate (r) = 6 %     Time (t) = 6 month =612 year Simple…

Q: If an investmentof $1000 grew to $13500 in 9 years. what interest rate compounded annually.did this…

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Q: If you deposit 4000$ into an account paying 6% annual compound interest monthly, how much will be in…

A: NOTE: Refresh your page if you can't see any equations. . P=4000 r=6%=0.06 n=12 for monthly compound…

Q: A bond pays dividends of $110 at the end of each year. If the bond matures in 20 years, what is the…

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Q: A contractor has $650 worth of electrical material on the shelf in stock for 3 consecutive years. If…

A: Where A is the amount after time t P is the initial investment R is the rate of interest t is the…

Q: Find the principal if $245 in interest is due after 10 months at 7%

A: By using formula of simple interest.

Q: A man will deposit 25,000 each year for the next 5 years in an ordinary annuity account that pays 8%…

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Q: Mr. Ribiya would like to save 500,000 for his son’s college education. How much should he deposit in…

A: Compound interest formula: P = P0{1+(r/n)}nt ,where P0 = initial principal balance,     P = future…

Q: If Janine deposits Php3,500 at the beginning of each month to a fund that earns 3% interest…

A: Given, Janine deposits Php 3,500 at the beginning of each month to a fund that earns 3% interest…

Q: Angelica received a 12 year non subsidized loan of 17,000 at an annual interest of 5.5 % compounded…

A: Loan amount=$17,000Rate of interestr=5.5%=0.055Monthly rate of…

Q: determine the simple interest that pia catriona needed to pay if she borrowed 2345 at 3 1/5%for 10…

A: Given Principle (P) = 2345 Rate (R) = 315% Hence R = 165% Time (T) = 10 months Hence T = 1012years

Q: Find the simple interest earned on 5,000 deposited 40% for 10 years.

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Q: What annual rate of simple interest is necessary to give interest of $416 on a principal of $800…

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Q: Determine the interest earned if $5000 is invested at 4.3% simple interest for 9 years.

A: We have direct formula for simple interest.