Find the simple interest earned on 5,000 deposited 40% for 10 years.

Q: In order to accumulate enough money for a down payment on a house, a couple deposits $621 per month…

A: Given information Amount deposit per month P=$621 Rate of interestr=6% compounded monthly.…

Q: Juan deposited 4000$ into an account with 2.4% interest  compounded semiannually. Assuming that no…

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Q: Paul Havlik promised his grandson Jamie that he would give him  $7,000 6 years from today for…

A: According to the given information,

Q: monthly

A: Please refer to the image below

Q: Find the present value that m deposited now to amount to 24,500 in 5 years at 8%

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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: If $500 is deposited each quarter into an account paying 8% compounded quarterly for 3 years, find…

A: Compounded quarterly n=4

Q: Engr. Velasco decided to subscribe in a globe promo which must be paid P 4,278 per month for five…

A: Engr. Velasco decided to subscribe in a globe promo which must be paid 4,278 per month for five…

Q: What is the simple interest on ₱12,500 at 8% for 9 months?

A: Formula for simple interest is as follows : I = P×R×T Where , P  is principal amount. R is Interest…

Q: present value of this $6000?

A: Given that  Promised to give money is $6000 = A Time period (t)  = 8 years  Interest rate (I)  = 6%…

Q: Please calculate the amount and interest from $15,000 at 8% for 2 years compounded quarterly using…

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Q: How much loan will be extinguished for a monthly amortization of P4, 500.00 at 12% interest…

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Q: What is the interest rate compounded quarterly if P 2,500,000.00 is invested and the amount became…

A: Formula: The compound interest formula is given below: A=P1+rnnt, where A-final amount, P-Principle…

Q: Find the present value of 9,000 at a simple interest rate of 7% in 18 years?

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Q: A loan of P100,000 has been issued for 5 years. Compute for the amount to be repaid to the lender if…

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Q: Suppose you deposited ​$40 per month into a savings plan for 5 years and at the end of that period…

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Q: Find the compound interest earned if PhP 51,679 is deposited in a bank at 3.1% compounded monthly…

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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: Calculate the compounded amount if Miya deposited Php 30,000 in a bank which pays 8% compounded…

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Q: Suppose you want to accumulate 120,00 for your retirement in 30 years. Make a single deposit into an…

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Q: Suppose that you borrow ​$3000.00 from a friend and promise to pay back ​$4755.00 in 3 years.…

A: It is given that the principal is 3000, balance is 4755 and time is 3 years. The formula to evaluate…

Q: if a nine-month term deposit at a bank earns a simple interest rate of 9% per annum, how much should…

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