If $7,000 is invested at 3% compounded quarterly, what is the amount after 5 years? The amount after 5 years will be $ (Round to the nearest cent.)

Q: What interest will be earned if $6600 is invested for 4 years at 12% compounded monthly? (round to…

A: Given that, $6600  invested for 4 years at 12% compounded   compounded  monthly.    want to…

Q: Find the final amount of money in an account if $3,900$3,900 is deposited at 7%7% interest…

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Q: amount of $50,000 is borrowed for 13 years at 4.5% interest, compounded annually. If the loan is…

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Q: How much interest will an account earn if you deposited $715 semi-annually for 11 years and the…

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Q: how much will a invesment of $500 be worth after 7 years if it earned a yearly rate of 7.2%…

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Q: If $8,000 is invested at 3% compounded quarterly, what is the amount after 5 years? The amount after…

A: Given that, P = $8000 r = 0.03 n= 4 t = 5 years The formula for calculating the compound interest…

Q: If $23,000.00 is invested in an account for 30 years. Find the value of the investment at the end of…

A: Solution: From the given information, invested amount is $26,000, interest rate is 7%, compounded…

Q: A deposit of $15,000 is made in a trust fund that pays 3.5% interest, compounded semi-annually. It…

A: Given that, the amount invested is: P=$15,000. The rate of interest is: r=3.5100r=0.035 The time is:…