If you invest $600 into an account that compounds monthly and after 8 years the account has $900. What was the interest rate?

Q: You invest $600 into an account that earns 4% interest compounded monthly. How long until the value…

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Q: How much simple interest would an investment of $2500 earn at the end of 10 years if the interest…

A: Given p=2500, rate =10% per year, time = 10 year

Q: The future dollars of an investment at the end of 8 years is $ 132,000. Its today’s dollars is $…

A: INTEREST PAID BY BANK AT THE END OF 8YEAR=$132000-$76825=$55175 REAL RSTE OF INTEREST OF…

Q: Suppose that you took out a loan at 12% interest for 200 days. If the amount of interest was…

A: You can calculate Interest on your loans and investments by using the following formula for…

Q: You put ​$200 per month in an investment plan that pays an APR of 4.5​%. How much money will you…

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Q: find the time necessary to yield $30 on $450 at 8% simple interest. answer in months

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Q: Lupe Gonzalez has $15000 in her retirement account. Find the interest rate required for the fund to…

A: We will find out the required value of rate of interest.

Q: At a 5 % annual interest rate, a principal of $2,000 earns $ 400. How long was the principal…

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Q: Kat is looking to but her first car. She has figured that she can afford to make up to a $248…

A: Given that Kat is looking to buy her first car. She has figured that she can afford to make up to a…

Q: Your interest rate on a $1,500 savings account is 4%. How much simple interest will the account earn…

A: Given information P=$1,500 r=4% ⇒r=4100=0.04 t=2 years We have to find the simple interest will the…

Q: For interest rate i, you are given än+1] = 7.73 and 3-11 = 17.35. Find 11. n- $11

A: For interest rate i, you are given  and .To find the value of .

Q: if I invest 1000 at 2% interest how long will it take to double my money

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Q: Suppose you want to buy a new car that costs ​$32, 900. You have no cash only your old​ car, which…

A: A new car costs $32, 900. You have no cash only your old​ car, which is worth $3000 as a​ trade-in.…

Q: 5000

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Q: Find how much should be invested to have $16,500 in 9 months at 9.7% simple interest.

A: It is an important part of statistics . It is widely used .

Q: If you start working with a savings account with a $.25 in it and your boss double it each day for 3…

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Q: Suppose you want to save in order to purchase a new boat. Take the APR to be 9.2%. You want to have…

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Q: We put $500 in an account earning interest compounded continously. What interest rate do we need if…

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Q: Suppose you have $2700 in your savings account at the end of a certain period of time. You invested…

A: Given: Principal amount P= $2000 Future value A= $2700  Rate r= 7.47 % annually To find time t (…

Q: If you put $500 in a bank for 5 years and earn $75 in interest, the interest rate is 4%. O True O…

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Q: Richard invests $205.42 every month into his retirement. At the end of 30 years, he has a balance of…

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Q: if $3500 earned simple interest of $153.13 in 7 months, what was the simple interest rate

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Q: You have $10,000 that you are considering whether to invest . If you invest it in an account that…

A: We can make it easier for you

Q: suppose your $1200 laptop depreciates 1% per week.  After what week will your computer first become…

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Q: If $1000 is deposited in an account that pays interest quarterly, and if the money grows to $1150…

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Q: If you want to earn 15% annual simple interest on an investment how much should you pay for a note…

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Q: You put ​$350 per month in an investment plan that pays an APR of 4.5​%. How much money will you…

A: let   P = $350 the principal invested r = 0.045 or 4.5% annual interest rate   t = 21 years

Q: If you borrow 1800 dollars from a lending agent for 65 weeks and in the end you have to pay 270…

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