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

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

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Q: How much must be deposited at the end of each year for 5 years to accumulate to $2919.00 at 4%…

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Q: How many months will it take for a $4000 to grow into $5600 if money can earn 6% p.a. compounded…

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Q: at what nominal rate, compounded monthly, would $13000 have to be invested to amount 22,716.49 in 7…

A: When the interest is compounded, then the formula used is , where, A is the final amount, P is the…

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 long will it take for ₱65,000 to Amount to ₱98,400 if compounded quarterly at 10.24% interest?

A: Compound interest formula A=P1+rnnt where A is accumulated amount P is principal amount r is rate of…

Q: You have saved $7,000 towards the purchase of a car costing $9,000. How long will the $7,000 have to…

A: solution of the given problem is below ...

Q: How long will it take for a $3,482.00 loan to double in value at a 7.5% compounded monthly interest…

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Q: how much money should be invested in an account that earns 7% interest, compounded quarterly, in…

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Q: The desired accumulated amount is $60,000after 11 years invested in an account with 2.3% interest…

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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: How much money should be deposited today in an account that earns 8% compounded monthly so that it…

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Q: Kueng invested $3,041 in an account paying 4.83% compounded monthly. How many months will it take…

A: Given thatThe principal amount P=$ 3041 The total amount A=$6388Interest rate r…

Q: A company needs $6,500,000 in 7 years in order to expand their factory. How much should the company…

A: We will find out the required weekly payment.

Q: Mary invests $3500 at 2.75% compounded continuously. How much money will be in the account after 6…

A: Given Principal amount p = $3500 Interest rate r = 2.75% = 0.0275 Time t = 6 years

Q: How long will it take $5,750 to become $12,000 at 8% compounded weekly?

A: Principal 'P'= $5750 Amount 'A'=$12,000 rate of interest 'r'=8%=0.08 (compounded weekly)