f you deposit 500 pesos at the end of each year for 3 years into an annuity that pays 5% annual simple interest, what is the value at the end of 3 years?
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If you deposit 500 pesos at the end of each year for 3 years into an annuity that pays 5% annual simple interest, what is the value at the end of 3 years?
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- You invest 10,000 pesos for 3 years and get 10% interest compounded at the end of each year. What is the compound interest?You borrowed an amount of $15,000 and paid it $20,223 in 3 years. If the interest rate was compounded monthly, what is the nominal interest rate?If you deposit 500 pesos at the end of each year for 3 years into an annuity that pays 5% annual simple interest, what is the value at the end of 3 years? (Round off to whole numbers. Digits only. No commas.)
- If $2000 is invested at 7% interest compounded continuously, calculate itsvalue after 3 years.If you deposit $2,042 today in a savings account that pays 8% interest annually, how much would you have at the end of 5 years?How long in years will money double its amount if invested at 10% simple interest?
- What amount a man deposit each year so that he can withdraw P 50 000 at the end of ten years. If the interest rate is 6% compounded continuously?An investment company is going to place $300,000 into an annuity. Then, it is going to add $25,000 a quarter to the annuity for the next 15 years. If the annuity draws 8% interest, how much will it be worth at the end of the time?Mr. Benedito, a grocery store owner, borrows $50,000.00 from a loan shark, handing him a $77,000.00 promissory note with a maturity of 6 months. What is the annual and monthly simple interest rate charged by the loan shark?
- Mr. Cruz invested P 20,000 for 1 year at 12% compounded monthly. At the end of 1 year, he reinvested all ( the principal and the interest ) at 6 % compounded continuously for 1 year. How much will the investment amount?1.9 deposits increasing at a constant rate of 2.7% are made at the end of each year. The first deposit was 1349 and fund earns 5.1% compounded annually. What is the future value of the periodic constant growth payments? Answer to two decimals, do not use $ signs or commas14. What is the nominal value of the interest compounded continuously for a period of 3years if the value of the uniform series present worth factor is 2.038?