$102 is invested in an annuity at the end of every month at 8.5%.  Find the value of the annuity at the end of 10 years.

Q: Calculate the amount of interest on an investment of AED 160,425 at 8% simple interest for 4 years.

A: To Calculate the amount of interest on an investment of AED 160,425 at 8% simple interest for 4…

Q: A $2200 bond earns 9.3% compounded monthly for 9 years. Determine the amount of the investment at…

A: A $2200 bond earns 9.3% compounded monthly for 9 years.

Q: Find the amount borrowed if $800 is due at the end of 7 months when an annual simple interest rate…

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

A: We have given,

Q: Angela deposits $⁢5500 into an account with an APR of 2.4% for 7 years. Find the future value of the…

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Q: Jamie plan to make payments of $9000 into a account on the last day of this and every year until his…

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Q: You deposit P 750 in an account paying 7.3% simple interest. Find the future value of the investment…

A: To find- You deposit P 750 in an account paying 7.3% simple interest. Find the future value of the…

Q: Calculate the amount of interest that will be charged on $ 6549 borrowed for 5 months at 6.81 %.

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Q: Mark deposits $1000 at the end of every 6 months in his bank account. If the bank pays 6% compounded…

A: Given, Mark deposits $1000 at the end of every 6 months in his bank account. If the bank pays 6%…

Q: Find the amount of money in an account after 10 years if $1,300 is deposited at 8​% annual interest…

A: Principal p =$1300 deposited  Rate =8% annual compounded monthly Time = 10 years To calculate total…

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: $10,000 is invested for 10 years with an APR of 2% and quarterly compounding.

A: Given information P=$10,000 Rate of interest r=2%  ⇒r=2100=0.02 Time t=10 years For quarterly…

Q: Berno deposits $30,000 into an account paying 3.25% annual interest, compounded quarterly. How much…

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Q: Rachel deposits $12,000 into a fixed asset account that earns 6% compounded quarterly. What is…

A: Formula:      where FV = Future Value          PV = The principal amount (the initial amount of…

Q: Accumulate ₱54,000 at 11.75% interest when compounded quarterly for 4 years and 4 months.

A: Solution

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

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Q: Find the simple interest on P6275 at 10% for 6 months.

A: GIVEN: P = $6275, R = 10%, T = 6 months

Q: To save for graduate school, a student invests $1470 semiannually in an ordinary annuity with 3%…

A: To save for graduate school, a student invests $1470 semiannually in an ordinary annuity with 3%…

Q: A woman deposit $290 of her quarterly checks into an annuity for the education of her child. She…

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

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Q: A bond pays dividends of $110 at the end of each year. If the bond matures in 20 years, what is the…

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Q: Inderjot invests $2500 in a bond that pays 4.5% per year, compounded monthly, for a period of 8…

A: Inderjot invests $2500 in a bond that pays 4.5% per year compounded monthly for a period of 8 years…

Q: To save for retirement, a student invests $30 each month in an ordinary annuity with 3% interest…

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Q: You saved $1,240 and your sister agrees to put it in a savings account at her credit union so you…

A: P=1240,  r=8%=0.08,  t=2  &  n=4.

Q: Angela deposits $4000 into an account with an APR of 4.6% for 12 years find the future value of the…

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Q: accumulate 70,000 for 2 years and 9 months at 2 3/4% simple interest

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Q: teach

A: Given, A teacher saves P5,000 every 6 months in the bank that pays 0.25% compounded monthly.

Q: Find the simple interest of $1,000 borrowed at 6% for 4 years.

A: Given: The principal amount = $1000. The rate of interest = 6%. The time =4 years.

Q: A bond pays dividends of $110 at the end of each year. If the bond matures in 20 years, what is the…

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Q: $10,000 put in bank account for 40 years at 3% interest, compounded monthly?

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

Q: Find how much interest $25,000 earns in 4 years in a certificate of deposit paying 9.5% interest…

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Q: Calculate the amount of SIMPLE interest earned on an investment of $1000 at 4% for 6 years

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