Calculate the amount of money you'll have at the end of the indicated time peri You invest $4000 in an account that pays simple interest of 6% for 20 years. The amount of money you'll have at the end of 20 years is $

Q: You invest $600 into an account that earns 4% interest compounded monthly. How long until the value…

A:

Q: mr. and mrs lkan deposite $15,000 into college saving account with an annual compound interest rate…

A: Given that Mr. and Mrs. Ikan deposited $15,000 into college saving account with an annual compound…

Q: you deposit $4000 in an account that pays 7% interest compounded semiannually. After 3 years,…

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Q: Calculate the amount of interest you'll have at the end of the indicated period. You invest $7000 in…

A:

Q: you deposit $5000 in an account earning 3% interest compounded monthly. how much will you have in…

A: We have given,

Q: Tim is saving to buy a $20 000 car in 3 years. He deposits $550 every month into an account earning…

A: We have 3 years to buy a car.

Q: You deposit $2000 in an account earning 2% interest compounded monthly. How much will you have in…

A: given, principal (P)=$2000           interest  rate (R)=2%= 2/100 =0.02     (for compounded monthly…

Q: An amount of $1500 is deposited semi-annually for two years into a fun 10.5% per year, compounded…

A: Its is given that $1500 is deposited semi annually for two years into a fund that pays 10.5% per…

Q: You make a payment of $300 at the beginning of each month into an account that earns 3.6% annual…

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Q: You can afford monthly deposits of $120 into an account that pays 2.4% compounded monthly. How long…

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Q: You save 500 each month by depositing into an account earning 7% monthly. After 15 years you stop…

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Q: Find the original investment in an account if the final amount of money is $8296. It was invested in…

A: Given amount=$8296

Q: You have $2,000 on a credit card that charges a 21% interest rate. If you want to pay off the credit…

A: The objective of this question is to calculate the monthly payment required to pay off a credit card…