Chi Tang, a businessperson from Taiwan, deposits 25,000 yuan in a mutual fund with bonds managed by Bank of America that is expected to pay 6% compounded semiannually.  Find the balance in the account after 4 years.

Ahlam invests a certain fund worth OMR 6,000 in Bank Muscat for 3 years. At the end of this period, she obtains an amount of OMR 7,500. What is the interest amount offered by the bank to Ahlam? a. OMR 1,500 b. OMR 2,000 c. OMR 13,500 d. OMR 500

Betty borrows $20,000 from the bank. For a five-year loan, the bank requires annual end-of-year payments of $4,878.05. The annual interest rate on the loan is

Bob has deposited $10,000 at the end of each year into a saving account for the last 12 years. His deposits earned interest at 4% for the first 4 years; at 5% for the next 3 years; and at 6% for the last 5 years. (a) What is the accumulated value in his saving account at the end of year 4? (b) What is the accumulated value in his saving account at the end of year 7? (c) What is the accumulated value in his saving account at the end of year 12? (d) What is the total interest earned for the 12 years?