what is the effective annual yield if a deposit of 1000 grows to 2200 in 9 years? round answer to two decimal points.

Q: 1. How much interest is earned when an amount of 100,000Php is invested with annual interest rate of…

A: Let P amount is invested for t years with simple interest r%. Then total interest earned in t years=…

Q: What is the effective annual yield if a deposit of $1000 grows to $3300 in 12 years?

A: We know that the compound interest formula is  S=P1+rnnt where S is the amount after t years ,P is…

Q: investment to triple in value during 21 ye period . what annually compounded rate of return must it…

A: Given query is to find rate of interest.

Q: If a Bond has duration of 11 years with a bond price of 1000 and a yield to maturity of 4%. If the…

A: Bond duration = 11 years Bond price = 1000 Yield to Maturity(YTM) = 4% To find: What is the bond…

Q: The requirement for computer server capacity at a particular company is expected to increase at a…

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Q: What principle should be invested not to ear 100$ simple interest in 5 years at an annual rate of…

A: Simple Interest I=$100Number of years N=5Rate of Interest R=2.5

Q: What rate of interest compounded annually is required to double an investment in 3 years?

A: Consider the principal is "p". Then the amount is given as A=2P. The time is t=3 years. The…

Q: if I invest 1000 at 2% interest how long will it take to double my money

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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: Based on making 46000 a year and saving 16% of that monthly income what is the monthly amount that…

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Q: Calculate the time needed on an investment of 600,000 to gained an interest of 84000of the interest…

A: The formula used is given below I = PRT100 where I is the interest , P is the principle , R is the…

Q: Mr. Daya Omondi sings beautiful songs and people pay handsomely to attend his live shows. Recently…

A: Given, Principal (P)=80,000 Rate of interest (r)=4%=0.04 Time period (t)=8 years