What rate of interest compounded annually is the same as the rate of interest of 8% compounded quarterly? A. 8.24% B. 8.42% C. 6.88% D. 7.09%

Q: Find the principle value if final amount is BHD 7800 due in 7 years and 5 months if money is worth…

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Q: What monthly rate of interest is equivalent to 3.6% p.a. compounding semi-annually?

A: = final amount = Principal = interest rate = number of times interest applied per time…

Q: Find the function value. f(x) O = x2+7 x + 6x 2300 11 23 88 -; f(4)

A: We have :f(x)= (x2+7)/(x3+6x), We have to find f(4)Also given:f(x)=4-6x2We have to find f(-7)

Q: What will the value of an account (to the nearest cent) be after 8 years if $100 is invested at 6.0%…

A: Given query is to find the amount after 8 years when compounding continuously.

Q: Engr. Armando lends P5,000 at 6% simple interest for 4 years. At the end of this time, he invests…

A: The following solution is given below :

Q: For an interest rate of 6% p.a. Determine the effective interest rate if it is compounded monthly.

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Q: How long will it take for $7000 to double at the rate of 8%? A. 15.5 years B. 21.5 years

A: Given: To explain the correct option of the given statement as follows, To find how much will it…

Q: Find the annual rate of interest required for OMR 722 to earn OMR 76 interest in 3 years

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Q: How much interest does Patricia need to pay for her $40,000.00 student loan if the interest rate is…

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Q: A stock is expected to pay $1.10 per share every year indefinitely and the equity cost of capital…

A: To find the price an investor is expected to pay per share ten years in the future, we can use the…

Q: What is the effective rate of an investment that earns a 10% nominal rate compounded monthly? O A.…

A: Definition used -                       effective rate =1+inn-1                     Here i =…

Q: In how many years will the amount of P10,000 triple if invested at an interest rate of 10%…

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Q: K Jinvests $5.700 into an account that ears 3 15% compound monthly it she does not make any deposits…

A: I am going to solve the problem by using some simple algebra to get the required result of the given…

Q: How much money would you need to invest today at 6% interest compounded quarterly to have 5,387.43…

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Q: Find the compound amount of $5750.00 at 13.2% p.a. for seven years compounded monthly. a.…

A: The objective of this question is to calculate the compound amount of an investment of $5750.00 at…

Q: An account that compounds interest monthly has an annual percentage yield of 6.2%. What is the…

A: Annual percentage yield of 6.2% is given the aim is to find the annual interest rate.

Q: How much money will you have in seven years if you deposit $8,000 in the bank at 9% interest…

A: Given: compound interest daily            A=P 1+r365365×twhere A= amount calculated            P=…

Q: What interest will be earned if $4,800 is invested for 7 years at an annual rate of 12% compounded…

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Q: An investment offers an interest rate of 4% compounded quarterly. Kamala invested an amount of $X in…

A: Given: invested amount(P)=$X, time(T)=6 years, interest rate(r)=4%(compounded quarterly), amount of…

Q: How much money would you need to deposit today at 9% compounded quarterly to have OMR 12,157 after 6…

A: OMR 7127

Q: Find the amount that results from the investment. Round the answer to the nearest cent $480 invested…

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Q: A sum of RS.1000 in 2 years on compound interest of 5% per annum . The % rate of interest is a.5 b.6…

A: Given: A sum of RS.1000 in 2 years on compound interest of 5% per annum.

Q: Which is preferable? An interest rate of 7.5% p.a. compounding daily or an interest rate of 7.30%…

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Q: In how many years will the amount of P10,000 triple if invested at an interest rate of 10%…

A: Given the statement.. In how many years will the amount of P10,000 triple if invested at an interest…

Q: A. P73,398.60 O B. P61,839.20 OC. P73, 236.44 D. P69,491.20

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Q: 4. Maya would like to borrow $4500. Her bank offered her a two-year personal loan with monthly…

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