Find the interest rate for an $8000 deposit accumulating to $9714.83, compounded quarterly for 6 years. The interest rate is %. (Round to two decimal places as needed.)

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A: Formula A=Amount at time tp=initial valuer=rate of interest n=compounded period t=time in years

Q: find the amount of compound interest earned  $8000 at 5.5% compunded monthly for 5 years

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A: Please see the attachment

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Q: Determine the amount to be paid back if $6500 is borrowed for 9 years at 2.5% compounded annually.

A: We have direct formula for compound maturity amount, i have used that.

Q: John deposits $2,000 into a CD that guarantees a 5.8% annual interest rate, compounded yearly. How…

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Q: Find the principal to get $1000 after 2 years at 6% compounded quarterly?  Round to nearest cent.

A: It is given that, the amount after 2 years is A = $1000, n = 4 since compounded quarterly, r = 0.06.…