You deposit $3000 in an account that pays 7% interest compounded semiannually. After 3 years. The interest rate is increased to 7.48% compounded quarterly . What will be the value of the account after. A total of 6 years ?

Q: Eric invest $1050 every year in an annuity that pays six. Six interest compounded annually. Payments…

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Q: You deposit $4000 each year into an account earning 5% interest compounded annually. How much will…

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Q: $10,000 is deposited for 2 years in an account that earns 5% interest.  calculate the simple…

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Q: You have $3,500 on a credit card that charges a 13% interest rate. If you want to pay off the credit…

A: Credit amount Rate of interest Time period  year

Q: Noah invests $3,600 for two years.   The account pays 0.43% monthly compound interest. To the…

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Q: A bank features a savings account that has an annual percentage rate of 5.4 % with interest…

A: P = $ 5500 APR = 0.054

Q: If you want to earn 15% annual simple interest on an investment, how much should you pay for a note…

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Q: $1600 is deposited into an account for which interest is compounded annually. The value of the…

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