Karine invests $6,100 in an account with an annual interest rate of 4.5% compounded daily for 2 years. What is the return on investment for Karine's account?

Q: Determine the amount of money, to the nearest dollar, you must invest at 6% per year, compounded…

A: Step 1: Given Value for Calculation Interest Rate = r = 6%Future Value of Payment = fv =…

Q: Rosalia deposited a once-off amount of R25 000 into an account earning 9,75% interest per year,…

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Q: Find the time required for an investment of Php 5000 to grow to 8700 pesos at an interest rate of…

A: *** This is the problem related to financial mathematics and we are advanced math expert and have…

Q: 8.) Jess wants to have one million dollars when she retires in 35 years. How much should she invest…

A: We can directly calculate the principal amount using the continious interest formula.

Q: my bank pays 4% interest and inflation is 3 % what is my real interest.

A: given that:  Nominated interest rate = 4%  Inflation = 3% We use here the formula of real interest…

Q: Kylie is thinking of investing an amount of P250, 000.00 at 5% compounded annually for 2 years. Find…

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Q: How much did the client borrow at 5% compounded annually when he settled his obligation of P85,300…

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Q: Duke invested $12000 into an account earning 7.5% interest compounded quarterly. Find the value in…

A: Given: Principal amountP=$12000, interest rate quarterlyr=7.5%, timet=20 years We know that if…

Q: A sum of $25,000 is deposited into an account paying 5.4% interest per year, compound daily. What…

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Q: If you need $8000 to travel to Europe after you graduate in 4 years.  How much would your monthly…

A: The compound interest formula is,

Q: Suppose $100 is withdrawn at the EOY 2026, emptying an account that earns 7% interest, compound…

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Q: For her 2nd birthday claudias parents invested $9,000.00 in an 13 year certificate for her that pays…

A: Given  Principal = $9000.00 rate = 7% compounded every 2 months time = 13 year

Q: Alexa and Erik plan to send their son to university. To pay for this they will contribute 9 equal…

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Q: Sumalee invests $1,776 in a retirement account with a fixed annual interest rate compounded 3 times…

A: Initia amount= 1776$ Final amount after 19 years= 6588.80 We want to find the interest rate of the…

Q: How much money should be invested in an account that earns 3.25% interest, compounded monthly, in…

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Q: Jackson deposited $5,000 at 3.6% interest rate, compounded continuously when he was 18 years old.…

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Q: teach

A: Given, A teacher saves P5,000 every 6 months in the bank that pays 0.25% compounded monthly.

Q: City Wide Delivery Service uses vans costing $24,800 each. How much will the have to invest today to…

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Q: Sethino invests R20 000 at a bank at an interest rate of 6% p.a., compounded annually. After 4…

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Q: Exavier has started to build an investment portfolio for his retirement. He bought a $ 100 CSB at…

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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…

A: ANSWER :