Find the Interest rate needed for an investment of $8,000 to grow to $11,000 in 10 yr if interest is compounded annually.

Q: b. Mr. Jasim is planning to buy a house. He wants to invest 309 R.O now and hopes to have double…

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Q: after 5 years, you have $14,472.74 in an account that was accumulating interest at 5.5% that was…

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Q: An initial investment of 1,500 was put in a bank.  The yearly growth is 6% compounded monthly.  How…

A: FV=P(1+r/m)^mt

Q: Determine how many years it will take for a $1,000 investment to triple if the interest rate is 9.5%…

A: formula for compound quarterly is  A=P(1+R400)4N where A is total amount P is principal amount R is…

Q: Find the interest rate needed for an investment of $3,000 to double in 6 years if interest is…

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Q: How long will it take to save $20,000 by making deposits of $100 at the end of every month into an…

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Q: How much money should be deposited today in an account that earns 6% compounded semiannually so that…

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Q: In how many years would it take for $10,000 to grow to $30,013.36 at 13% compounded monthly?

A: To solve this problem, we can use the formula for compound interest: A = P(1 + r/n)^(nt) Where: A =…

Q: How much should be invested now at 5.4% compounded annually to have $26,000 in 13 years

A: Given  How much should be invested now at 5.4% compounded annually to have $26,000 in 13 years

Q: How many years will it take a 1,500$ loan to grow to 2,222.32 at 14% interest, compounded annually?

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Q: How long will it take for your investment to grow 25% if the annual percentage rate is 3.5%…

A: Introduction :We have asked for the time period will it take to grow a amount to its 25% , where the…

Q: how much time it will take for $2500 to become 2809rs at 6%per annum compounded annually

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Q: How much should be invested today at 2.7% compounded quartely to have 11,000 in 12years

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Q: invested at a bond growing at an average rate of 8.25% compounded monthly if its value at maturity…

A: Maturity value: The amount due and payable to the holder of a financial obligation as of the…

Q: What rate of interest compounded annually is needed to make an investment of $6,500 accumulate to an…

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Q: Find the interest rate needed for an investment of $5,000 to triple in 13 years if interest is…

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Q: Annabelle invested $70,000 in an account paying an interest rate of 6.1% compounded continuously.…

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Q: . Find the length of time required for $2500 to increase to $3250, if the money was invested at 8%/a…

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Q: how much money should be invested now in order to have $18,000 in 4 years if the investment earns…

A: A=Final Amount=$18000 t=Number of time periods elapsed=4 years r=Interest Rate=5.4%=0.054 n=Number…

Q: Zola wants to save 10,000$. How much will she have to put away every 6 months at 6.6%a compounded…

A: Given that The Future value FV=$ 10000 Interest rate r=6.6%=6.6100=0.066Compounded semi annually ,…