$37,500 is invested at 6.6% for 30 years, find the future value if the interest is compounded the following ways. (Round your answers to the nearest cent.) (a) annually $  (b) semiannually $  (c) quarterly $

Q: If $34,500 is invested at 6.8% for 30 years, find the future value if the interest is compounded the…

A: We are given that P=$34500 The rate of interest is 6.8% = 6.8100=0.068

Q: Find the future value of a $35,000 annual income stream if it is invested immediately as it is…

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Q: If $18,000 is invested at 3.5% for 30 years, find the future value if the interest is compounded the…

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Q: A typical pack-a-day smoker in Illinois spends about $307.50 per month on cigarettes. Suppose the…

A: Amount invested by the smoker=307.5$. Rate of interest=4.3% Time period=40 years.   Amount…

Q: If $34,500 is invested at 6.8% for 30 years, find the future value if the interest is compounded the…

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Q: What is the future value of an account if $10,000 is invested at a rate of 3% compounded monthly for…

A: P=initial amount= 10,000 r=interest rate=3%=0.03 n=number of times compounded in a year= 12 t=number…

Q: In a certain account providing an interest rate of r compounded quarterly, 2500 is deposited every…

A: Given There are 2 cash flows "2500" with each occurring at the end of the quarter. The FV is given…

Q: P7,500.00 earning 9% interest, compounded daily for 3 years

A: Given: P=7500 r=9%=0.09 Compounded daily, n=365 t=3 years

Q: Suppose $25,000 is invested at an annual rate of 8% for 16 years. Find the future value if interest…

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Q: If $9,000 is invested at 8.5% compounded continuously, find the future value after 5 1/2 years (…

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Q: If $9,000 is invested at 9.5% compounded continuously, find the future value after 6 years. (Round…

A: "Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: 3. Find the future value if 1000 dollars is invested at interest rate 3% compounded semi-annually…

A: Given that $1000 is invested for a 3% compound interest semi-annually for 2 years.

Q: The difference between the future values of a deposit accumulated for 10 years at a rate of 8%…

A: Given the difference between the future values of a deposit accumulated for 10 years at a rate of 8%…

Q: Suppose you wish to have $17,000 in 6 years. Use the present value formula to find how much you…

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Q: Find the Future Value if you invest $119,400 at 7.5% compounded continuously for 30 years.

A: given: the amount invested is $119,400. the rate of interest is 7.5%. the time in years is 30. the…

Q: Find the future value of a $20, 000 annual income stream if it is invested immediately as it is…

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Q: If $1737 is invested at 5.74% for 4 years, find the future value if the interest is compounded semi-…

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Q: What is the future value of $112,000 invested for 5 years at 9% compounded monthly?

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Q: Find the future value if $11,000.00 is invested for 7 years at 6% compounded annual. The future…

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Q: If $9,000 is invested at 8.5% compounded continuosly, find the future value after 5 1/2 years (round…

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Q: monthly, so that it will grow to $100000 for their son's college tuition in 15 years? (Round your…

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Q: The bank is offering a special rate of 4.5% to anyone willing to invest $10,000 for 5 years,…

A: Here, principal (P)=$10,000               Time (t)=5 years rate of interest (r)=4.5%=4.5100=0.045…

Q: If OMR 5420 is invested at 8% compounded quarterly,what will be the future value after 5 years? a.…

A: Given, PV=OMR 5420,r=8%t=5n=4 To find the future value.

Q: An investment of $13,000 was growing at 6.25% compounded quarterly. a. Calculate the future value of…

A: Investment (p) = $ 13000  Interest rate = 6.25%  a) find amount in 1 year  compounded quarterly  b)…

Q: $7,000 is invested at 9.5% compounded continuously, find the future value after 5 in a half years.…

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Q: If $35,500 is invested at 6.2% for 30 years, find the future value if the interest is compounded the…

A: "Since you have posted a question with multiple sub-parts, we will solve the first three sub-parts…

Q: What is the future value if $8300 is invested for 5 years at 10% compounded semiannually?

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Q: If $35,500 is invested at 6.2% for 30 years, find the future value if the interest is compounded the…

A: We are entitled to solve only one question at a time and up to 3 subparts only. Given - If $35,500…

Q: Find the principal amount required to produce a future value 60000 after 10 years at rate 4%…

A: The amount needed to be produced is 60000 OMR. The rate of interest is r=4%=0.04. The time period is…

Q: Suppose $10,000 is invested at an annual rate of 5% for 10 years. Find the future value if interest…

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Q: Man borrowed $30,000 at a simple interest rate of 12% per year to woman, however Man can only paid…

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Q: Find the future value of $56,780 if it is invested at 2.8%, and compounded continuously for 15 years

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Q: What is the future value if $12,000.00 is invested for 4 years at 7% compounded every 4 months? The…

A: A=p(1+r/n)^nt

Q: Find the future value of a $20, 000 annual income stream'if it is invested immediately as it is…

A:

Q: What is the future value after 18 years if you deposit $1,000 for your child's education and the…

A: The principal amount deposited is $1000. The number of years the amount is deposited for is 18…

Q: If $17,000 is invested at 2.5% for 30 years, find the future value if the interest is compounded the…

A: Compound Interest Formula A=P1+rnnt where A is accumulated amount, P is principal amount r is rate…

Q: 9. Samantha deposits $4000 each year into a retirement account that earns 5.25% compounded…

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Q: Find the future value if $7000 is invested for 7 years at 7% compounded annually

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Q: Find the future value of a $30, 000 annual income stream if it is invested immediately as it is…

A: Solving the problem by finding the value of compound interest.

Q: In a certain account providing an interest rate of r compounded quarterly, P2,500 is deposited every…

A: P= 2500 Amount after interest =5200 interest rate of r compounded quarterly n=4/yr

Q: What is the future value if $7,000.00 is invested for 3 years at 8% compounded every 2 months?

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Q: If $9,000 is invested at 8.5% compounded continuously, find the future value after  2 1/2 years.…

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Q: An investment of $98,200.00 earns 14.1% annual interest, compounded continuously. If no funds are…

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Q: Find the future value if $3000 is invested for 5 years at 8% compounded annually.

A: Consider the formula to find the future value FV=PV1+iffn where PV is the present value, i is the…

Q: Find the future value if $3000 is invested for 13 years at 11% compounded annually

A: P=$3000,  t=13  ,  r=11%=0.11  &  n=1 compounded annually

Q: An investment of $17,000 was growing at 4.5% compounded quarterly. a. Calculate the future value of…

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Q: Find the future value of a $30,000 annual income stream if it is invested immediately as it is…

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Q: If $16000 is invested at 8% for 12 years, find the future value if the interest is compounded…

A: Note:-         Formula for compound interest is         A=P1+rnnt →          *         A= Final…