Listen The number of months that it takes $1500 invested at 5% annual simple interest to be worth $7500 is: 960 780 840 900

Q: You invested $3000 in two accounts paying 5% and 8% annual interest. If the total interest earned…

A: Let "a" be the investment made in 5% annual interest-paying account

Q: Find the compound interest on a $3,500 investment at 0.5% compounded daily for 16 days. E Click the…

A: Compound Interest(CI) is method to provide interest where Interest is added to Principal for…

Q: 1. How much is the compound interest on P12,500 at 6% for 8 years? 2. How much will P15,000 amount…

A: Future value can be referred to as the value of an underlying asset or security at a future date.…

Q: $100 is lent for 5 years amd repaid in a single payment at the end of the 5 years. Calculate the…

A: We are given Present value=100 Rate=7% number of years=5 We have to calculate future worth of that…

Q: Find the amount due if $200 is borrowed for 4 months at 17% simple interest

A: Amount due refers to the net amount that needs to be either paid by the borrower to the lender or to…

Q: If a principal of P3840 earns interest of P204 in 3 years and 5 months, what is the simple interest…

A: Simple interest is the method that is used in calculating the percentage of interest paid on a sum…

Q: The interest earned on a $6000 investment was $240. What was the term in months if the interest rate…

A: Time period in years is calculated using following equation Time period = Interest…

Q: complete the following: t time 0 is equivalent to: ($ at the end of year 7 at 6% interest rate ($ at…

A: In this we have to calculate the future value of today money with given interest rate.

Q: 6. Determine the simple interest earned when $450 is Deposited for 4 years and earns 6.5% per year

A: Interest is earned on the money lent to the borrower. The lender charges interest from the borrower.…

Q: If $900 is invested at 10% compounded quarterly, what is the interest earned after a) 4 years…

A: Time has been precious in all perspectives, however in terms of finance, time has a monetary value.…

Q: simple

A: Formula to calculate time under Simple Interest: A = P(1+r/n)^nt Where A is the amount at the end of…

Q: Approximately, what interest rate would you need to earn in order to turn $5000 into $10000 over 8…

A: Interest rate is the rate that a lender charges on the amount provided to the borrower for the total…

Q: How much is the exact interest earned if 4500$ is lent at 12% for 125 days?

A: Interest is the amount charged or received on the amount borrowed or invested for the particular…

Q: ow long (to the next whole day) will it take $10000 to turn into each of the following amounts, if…

A: Solution Given Interest rate      =2.5% p.a Compounding   =daily Present value    =$10000

Q: Regular investments made at the beginning of each months earn is 5.25% compounded weekly. How many…

A: Future value is an estimate of future cash flows ​​that may be received at a future date, discounted…

Q: Find the simple interest. Principal Rate Time in Months $2000 4% 9 The simple interest is $ (Round…

A: Simple interest is a type of interest that is calculated only on the principal amount of a loan or…

Q: What annual rate of interest must the account earn in order to grow $11909 in 12 years?

A: The time value of money recognizes the idea that the value of an amount of money today differs from…

Q: What is the balance in an investment account at the end of 5 years if $3,000 is deposited today and…

A: To calculate the future value of an investment with the formula to be engaged…

Q: Find the simple interest. Principal Rate Time in Months $10000 8% 9 The simple interest is $ (Round…

A: Simple interest refers to the interest earned on the principal amount invested for a period of time…

Q: Find the amount due if $800 is borrowed for 18 months at 18% simple interest.

A: Amount borrowed (P) = $800 Period (n) = 18 months Interest rate (r) =0.18 Amount due = ?

Q: if $11,000.00 is invested at 18% annual simole interest, how long does it take to be accumulated to…

A: Investment (P) = $ 11000 Interest rate (r) = 18% Future value (F) = $ 34,760 Period = n

Q: 1. Find the exact simple interest on P 10.000 at 7% for 9 months

A: Answer -    Simple interest (SI) means percentage of interest charged or yielded on the principal…

Q: Find the future value of $1 000 at 7.8% p.a. simple interest over 14 months.

A: Simple interest does not consider the effect of compounding of interest over the period of time. The…

Q: A certain investment earns P2,000 in 18 months at a rate of 8% simple interest. How much is the…

A: Simple interest is interest that is paid or calculated solely on the principal sum of money. It does…

Q: How long will it take to accumulate $5,000 to $7,000 if interest rate is 6% compounded quarterly?

A: Future Value = Present value/(1+r)n 7000 = 5000(1.06)n N = 5.7745 quarters N = 5.774 * 3 months  =…

Q: If for the next 30 years you place $2,000 in equal year-end-deposits into an account earning 5% per…

A: Future Value of Ordinary Annuity refers to the concept which gives out the compounded or future…

Q: How much should you invest at 4% simple interest for 16 months to have $3,000 at the end of that…

A: Interest rate = r = 4% Time = 16 / 12 = 4/3 years Future value = fv = $$3000

Q: If $500 is invested at 16% compounded quarterly, what is the interest earned after: a) 5 years…

A: We need use compound interest formula below to calculate interest earned A = P*(1+i)n where A =…

Q: What interest rate would be necessary for $6,550 investment to grow to $9,300 in an account…

A: Present value is the estimation of the current value of future cash value which is likely to be…

Q: PLEASE SHOW ALL WORK  In how much time will the simple interest on $3,500 at the rate of 9% be the…

A: Simple interest is calculated by multiplying the rate of interest with the principal amount and time…

Q: Determine the total amount if P11, 500,000 is invested in 2 years, 5 months with interest rate of 13…

A: Time has been precious in all perspectives, however in terms of finance, the time has a monetary…

Q: what is the future value of an mortar $300 after 4 years if it has invested in an account paying an…

A: Here, Amount is $300 Time Period is 4 years

Q: What amount was invested at 3% if it earned an interest of P2,300 in 2 years and 3 months? A)…

A: Simple Interest, SI = P2,300 Rate, R= 3%  Time, T = 2 years 3 months = 2 years and 0.25 years = 2.25…

Q: In how many days does a capital of $ 65,000 produce interest of $ 7,000, if it is invested at 8.25%…

A: Capital =$ 65,000 Interest = $ 7,000 Interest rate  = 8.25% simple annual To calculate no. of days…

Q: You invested P150,000 in a bank that pays an 13% interest converted monthly. If your account balance…

A: The time for which a certain amount has resulted in a future value can be found using the time value…

Q: $1000 is invested in an account for six months. The interest rate is 10 % per annum. Calculate the…

A: In case of simple interest rate method is used the  The interest is = principal  × interest rate ×…

Q: At what nominal rate of interest compounded quarterly will $ 6900 earn $1500 interest in eight…

A: Both PV and FV are essential concepts for investors as they provide valuable insights into the…

Q: An account pays continuously compounded interest. If the amount grows from $3000 to $4500 in eight…

A: Interest is the periodic obligation of the borrower to pay a certain sum of money towards sum…