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

Q: Find the amount and the compound interest on Php 80,000 for 3 years at 10% per annum, compounded…

A: Given, Prinicpal amount = Php 80,000   Time = 3 years Rate of interest = 10% per annum.

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

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Q: if $24 is is invested at a simple interest rate of 2% per year what was the account balance be after…

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Q: Find the maturity value and interest if Jacob invested his money Php 150,000 at 6% compounded…

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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: Mrs Angngad acquired a loan of P50000 from a credit union that charges interest of 16% compounded…

A: From the given information we find the quarterly payment.

Q: What cash payment is equivalent to making payments of 1560 at the end of every year of 9 years if…

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Q: to retire a bond of $100,000.00 in 5 years what amount needs to be deposites at 8%.

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Q: Calculate the simple interest due on a 45-day loan of P1,600 if the interest rate is 9%

A: Concept: Here we shall use the formula for simple interest: SI=P×r×t100 Here P is the principal, r…

Q: Find the simple interest paid on a $470 loan at 6.9% annual interest for 3 months

A: Given:The principal amount (P) is $470.The rate of interest (R) is 6.9% per year.The number of terms…

Q: Determine the exact simple interest on P150 000 for the period June 25, 2005 to September 2, 2006,…

A: When the interest is simple, the formula that to be used is I=Prt, where I is the simple interest, P…

Q: What sum of money is required to pay a loan of P20,000 on May 20, 2018, if the loan was made on…

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Q: Calculate the value gained from depositing 12 regular installments into a bank, as the amount of…

A: S = P × (([1 + i]n – 1) / i) × (1 + i). Here, S is the final amount of maturity. P is the amount…

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: Find the amount of an ordinary annuity of 20 semi-annual payments of P1, 000 if interest rate is 12%…

A: To find The amount of an ordinary annuity.

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

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

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

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Q: How should be deposited now at 6%interest, compounded monthly to yield ans annuity payment of $100…

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Q: Blake contributed $584 at the end of every 3 months into an RRSP fund earning 3% compounded…

A: The future value is the value of an investment or sum at a specific point in the future, taking into…

Q: A certain annuity pays P 80 at the end of every 3 months for 12 years. If the present value of the…

A: we have  i=effective rate for every 3 months n= number of 3 months periods present value of annuity…

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: Find the value on May 30, 2019, of a sequence of p15,000 monthly payments, the first payment to be…

A: To find the value of the annuity on May 30, 2019, that starts after 5 years and ends on Dec 30,…

Q: Mr. Cruz obtained a 16-year mortgagee for 3,592,974. If this monthly payment is 17,520 how much is…

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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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