If you deposit 9000$ into an account paying 5.5% annual interest compounded semiannually, how much will in the account after four years?

Q: Suppose you put a $1000 in a college fund that pays 7.2% interest compounded annually. Find the…

A: In the given problem, The principle amount is p = $1000 The rate of interest is r = 7.2% And, the…

Q: How much would you need to deposit in an account now in order to have $4000 in the account in 5…

A: to find:- amount to be deposited.

Q: If you deposit $250 each month into an individual retirement account (IRA) that earns 4.8% interest…

A:

Q: You deposit $5000 each year into an account earning 6% interest compounded annually. How much will…

A: Given:

Q: How much would you need to deposit in an account now in order to have $3000 in the account in 15…

A:

Q: If $4000 is deposited at the end of each half year in an account that earns 6.2 % compounded…

A:

Q: Find the final amount of money in an account if $3,700  is deposited at 7%  interest compounded…

A:

Q: If you save $270 per quarter for retirement in an account that earns 8% interest per year compounded…

A: Given; Saving $270 per quater Rate of interest = 8% Compounded quaterly, n=4 Number of years=…

Q: If Karen makes an initial deposit of $200000 into a fund, which offers and annual interest rate of…

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Q: You deposit $2000 each year into an account earning 2% interest compounded annually. How much will…

A:

Q: A person deposits $300 on the last day of each quarter into a savings account that pays 9​%…

A:

Q: Find the amount of money in an account after 10 years if $1,300 is deposited at 8​% annual interest…

A: Principal p =$1300 deposited  Rate =8% annual compounded monthly Time = 10 years To calculate total…

Q: You deposit $2000 at the beginning of each year into an account earning 4% interest compounded…

A:

Q: Find the final amount of money in an account if $7,100 is deposited at 4.5% interest compounded…

A:

Q: Suppose you borrow $7,500 from a bank that charges 4% interest compounded monthly. How much will you…

A: From the given information, it is observed that the Principal is P = $7500, the rate of interest is…

Q: Sumi Kato's savings account has a balance of $1,596. After 21 years what will the amount of interest…

A:

Q: If Shane deposits 5,000 into an account paying 5% annual interest compounded monthly, how long until…

A: From the given information, it is observed that P = $5,000, r = 5%, that is, 0.05, and A = $8,000.…

Q: How much should be deposited in an account paying 6% interest compounded monthly in order to have a…

A: For compound interest, we use this formula: A=P1+rnnt A is the final amount of money P is the…

Q: How much will Blo00 deposited in an account earning 7% Onnually be worth. interest Compounded In 20…

A:

Q: Find the final amount of money in an account if $6,600 is deposited at 6% interest compounded…

A: Given: An amount of $6,600 is deposited at 6% interest compounded annually and the money is left for…

Q: Jayden invested $65,000 in an account paying an interest rate of 2.1% compounded quarterly. Assuming…

A:

Q: If $3500 is deposited at the end of each quarter in an account that earns 3% compounded quarterly,…

A: Lets use the final value formula, FV=P{[1 + R]N - 1/ R}=FV OF $1 PER PERIOD. Given, FV = 60,000 P =…

Q: if $3000 is deposited in an account paving 3% compounded quarterly, how much interest will the…

A:

Q: You deposit $1000 each year into an account earning 4% interest compounded annually. How much will…

A:

Q: If Frank invests $11,400 at 3.7% interest compounded quarterly, how much will his investment be…

A:

Q: How much will you have after 25 years if you put $2000 per month in the account that instead earns…

A: The solution is given below:

Q: Nathan invested $3,500 in an account paying an interest rate of 3.5% compounded quarterly. Assuming…

A: Initial amount=P= 3500  Final amount=A=? Time= t=19 years  Interest rate=r= 3.5%= 0.035  Number of…

Q: Find the final amount of money in an account if $1,500 is deposited at 5.5% interest compounded…

A:

Q: If the interest on an account is compounded monthly for 5 years, how many total times will it be…

A: Given that interest is compounded monthly. Then, for one year it is compounded 12 times. Number of…

Q: If $1500 is deposited at the end of each quarter in an account that earns 4% compounded quarterly,…

A: Given: PMT= quarterly deposits =$1500 Interest rate per year =4% i=IY=4%4=1%per quarter Future value…

Q: A deposit of $1000 is made into an account that earns interest at an annual rate of 5%. If allowed…

A: what would be the resulting total account balance if the interestcompounded monthly?

Q: in

A:

Q: Find the final amount of money in an account if $4,500 is deposited at 2.5% interest compounded…

A:

Q: Find the amount of money in an account after 4 years if $1800 is deposited at 5% annual interest…

A:

Q: If it takes 12 years and 5 months to double your money (compounded quarterly), how long would it…

A: To determine the time t it will take for the investment to double.

Q: If $4500 is deposited at the end of each quarter in an account that earns 5% compounded quarterly,…

A: Given: Money deposited at the end of each quarter= 4500$ Rate at which interest is compounded…

Q: You deposit $1000 each year into an account earning 3% interest compounded annually. How much will…

A: Given, every year $1000 is deposited with 3% compound interest annually. here we shall use the…

Q: A young man is the beneficiary of a trust fund established for him 21 years ago at his birth. If the…

A: Solution: P = $ 8000 r = 8% Using formula  A = P1+rnnt

Q: If a credit union awards interest of 8 percent per year compounded semiannually, what amount must be…

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Q: How much should be deposited now in order to have $45,000 in 8 years, if the account earns 6.57%…

A:

Q: Find the final amount of money in an account if $3,900is deposited at 7.5% interest compounded…

A: Given P=$3900 r=7.5%=0.75 Compounded semi annually that is n=2 Time t=9years Use the formula…

Q: If $500.00 is deposited into a monthly compounded interest account that pays an annual interest rate…

A: The given data is: Present value is PV=$500.00 Future value is FV=$846.88 Annual interest r=4.8% To…

Q: A Family is saving up for a house payment. If they deposit $400 each month into an account that pays…

A:

Q: In how many years will an investment of P2000 double in amount if the interest rate is 14.35%…

A:

Q: If you deposit $7000 in an account with a nominal rate 7.2% compounded monthly, what is the balance…

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Q: A family is saving up for a house payment. If they deposit $400 each month into an account that pays…

A:

Q: a) How much would need to deposit in an account now in order to have $6000 in the account in 10…

A:

Q: If $3,300 is deposited at the end of each quarter in an account that earns 3% compounded quarterly,…

A:

Q: How much would you need to deposit in an account now in order to have $4000 in the account in 10…

A:

Q: How much would you need to deposit in an account each month in order to have $40,000 in the account…

A:

Contingency Table

A contingency table can be defined as the visual representation of the relationship between two or more categorical variables that can be evaluated and registered. It is a categorical version of the scatterplot, which is used to investigate the linear relationship between two variables. A contingency table is indeed a type of frequency distribution table that displays two variables at the same time.

Binomial Distribution

Binomial is an algebraic expression of the sum or the difference of two terms. Before knowing about binomial distribution, we must know about the binomial theorem.