A stock broker allocated $100,000 to an account earning 4% per year compounded continuously. If no withdrawals are made, how much was in the account at the end of four years? Round the answer to nearest dollar.

Q: You deposit $5000 each year into an account earning 7% annual interest compounded annually. How much…

A: Use formula to calculate

Q: What interest will be earned if $6600 is invested for 2 years at 12% compounded monthly? (Round your…

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Q: sted is compounded monthly rather than compounded annually?

A: We cannot add funds to the present account so annuity will cover the present worth but cannot be…

Q: If $7000 is deposited at the end of each half year in an account that earns 6.8% compounded…

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Q: If $11,000 is invested at 3% compounded monthly, what is the amount after 5 years? The amount after…

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Q: If $4500 is deposited at the end of each quarter in an account that earns 8% compounded quarterly,…

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Q: What interest will be earned if $6000 is invested for 5 years at 13% compounded monthly? (Round your…

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Q: If $11,000 had been invested in a certain investment fund on September 30, 2008, it would have been…

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Q: If $3000 is deposited at the end of each half year in an account that earns 6.5% compounded…

A: Given that the annual deposited amount P=$ 3000   Amount of annuity A=$ 130000   Rate of interest…

Q: Suppose that you invest $14,000 at 3% interest compounded monthly. How much money will be in your…

A: We know that the formula , A = P ( 1 + (r / n )) n • t Here P = principal amount r = interest rate…

Q: If $25,000 is invested at 8% compounded quarterly, how long (in quarters) will it be before it grows…

A: Here,S=35,000P=25,000r=0.08 n=4

Q: If $250 is invested at 8% compounded (A) annually, (B) quarterly, (C) monthly, what is the…

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Q: If you save $270 per quarter for retirement in an account that earns 8% interest per year compounded…

A: Given; Saving $270 per quater Rate of interest = 8% Compounded quaterly, n=4 Number of years=…

Q: If a savings fund pays interest at a rate of 6% per year compounded semiannually, how much money…

A:

Q: An amount of $29,000 is borrowed for 15 years at 8.25% interest, compounded annually. If the loan is…

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Q: A man deposits $ 36,200 into a bank, which pays 12% interest that is compounded quarterly. What will…

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Q: A couple needs $50,000 as a down payment for a home. If they invest the $35,000 they have at 4%…

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Q: Ben Franklin's gift of $5,000 to New York City grew to $7,000,000 in 200 years. At what interest…

A: The principal amount, P = $5,000 Future amount, A = $7,000,000 Time, t = 200 years The number of…

Q: An amount of $25,000 is borrowed for 5 years at 4% interest, compounded annually. If the loan is…

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Q: What interest will be earned if $6700 is invested for 2 years at 10% compounded monthly? (Round your…

A: Given

Q: What interest will be earned if $6800 is invested for 7 years at 12% compounded monthly? (Round your…

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Q: A year-end bonus of $24,000 will generate how much money at the beginning of each month for the next…

A:

Q: Robin, who is self-employed, contributes $6500/year into a Keogh account. How much will he have in…

A: Future value of the annuity gives the net worth after n years if  P dollars invested each year at i…

Q: find the amount of money you Will have after 20 years if you inrest $ 25,000 at a rate of 12% if…

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Q: If $8,000 is invested at 3% compounded quarterly, what is the amount after 5 years? The amount after…

A: Given that, P = $8000 r = 0.03 n= 4 t = 5 years The formula for calculating the compound interest…

Q: Mr. Gordon plans to invest $600 at the end of each month in an account that pays 6%, compounded…

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Q: Sam deposits $900 at the end of every 6 months in an account that pays 7%, compounded semiannually.…

A: Given data:   The given amount Sam deposits are P=$900. The semiannual interest rate is r=7%=0.07.…

Q: Sam deposits $400 at the end of every 6 months in an account that pays 7%, compounded semiannually.…

A: ANSWER :

Q: If $3500 is deposited at the end of each quarter in an account that earns 3% compounded quarterly,…

A: Lets use the final value formula, FV=P{[1 + R]N - 1/ R}=FV OF $1 PER PERIOD. Given, FV = 60,000 P =…

Q: A bank has decided to set its interest rates to compound monthly on all deposits in order to give…

A: The amount accumulated for an amount P deposited for t years at an interest rate of r% compounded n…

Q: If $13,500 is invested at 8% compounded quarterly, how much will this investment be worth in 17…

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Q: If $15,000 is invested at 6% compounded quarterly, what is the amount after 5 years? The amount…

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Q: If $4000 is deposited at the end of each half year in an account that earns 6.2% compounded…

A: Given that, If $4000 is deposited at the end of each half-year in an account The rate of interest is…

Q: An account is opened with an initial deposit of $100 and earns 3.0% interest compounded monthly.…

A: From the given data

Q: Robin, who is self-employed, contributes $4500/year into a Keogh account. How much will he have in…

A:

Q: A year-end bonus of $27,000 will generate how much money at the beginning of each month for the next…

A: An annuity is an investment put in a certain amount of money each year or each month. there are two…

Q: If a savings fund pays interest at a rate of 3% per year compounded semiannually, how much money…

A: Compound interest is a form increments in the savings where each increment is added regularly to the…

Q: A principal of $12,000 is invested in an account paying an annual interest rate of 7%. Find the…

A: Compounded quarterly , n=4

Q: Robin, who is self-employed, contributes $5500/year into a Keogh account. How much will he have in…

A: Present value (PV) = $5000 per year   Time = 20 years   Intrest rate = 5.5% per year

Q: If $6000 is deposited at the end of each half year in an account that earns 6.7% compounded…

A:

Q: If $7,000 had been invested in a certain investment fund on September 30, 2008, it would have been…

A: Thanks for the question :)And your upvote will be really appreciable ;)

Q: Suppose that you invest $3,000 at 5% interest compounded monthly. How much money will be in your…

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Q: nearest

A: Please refer to the image below

Q: If $4500 is deposited at the end of each quarter in an account that earns 7% compounded quarterly,…

A:

Q: If $4500 is deposited at the end of each quarter in an account that earns 5% compounded quarterly,…

A: Given: Money deposited at the end of each quarter= 4500$ Rate at which interest is compounded…

Q: What interest will be earned if $6600 is invested for 7 years at 10% compounded monthly? (Round your…

A:

Q: If $9000 is deposited at the end of each half year in an account that earns 6.1% compounded…

A: Given Data - Deposited amount (R) = $9000 Amount of annuity (S) = $200,000 Rate of interest ( i )…

Q: If $2,000 is invested for 5 years at 8% compounded quarterly, how much interest (in $) will be…

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Q: If $6000 is deposited at the end of each half year in an account that earns 6.3% compounded…

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Q: If $5,000 is invested at 4% compounded quarterly, what is the amount after 9 years? The amount after…

A: According to the given information:The amount invested (P) = $5,000Rate of interest (r) = 4% =…