P7,500.00 earning 9% interest, compounded daily for 3 years

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: What is the amount of interest of a loan 20,000 at 6% compound interest for 3 years?

A: We will find out the required value.

Q: Find the interest earned at the end of 3 ¼ years if ₱ 50,750 is invested at 12% compounded semi…

A: Compound interest formula is  A=P1+rnntP is the principal amount=50750r=0.12t= 3.25 years Replace…

Q: Assume that you make quarterly payments of $ 750 into an annuity paying 5% interest compounded…

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Q: Quarterly payments of P2000 for 5 years with interest rate of 8% compounded quarterly.

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Q: What cash payment is equivalent to making payments of 1560 at the end of every year of 9 years if…

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Q: Jamie plan to make payments of $9000 into a account on the last day of this and every year until his…

A: Consider the given information.

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: Solve for the future value of PHP75,000 invested at the end of each month for 3 years at 2.7%…

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Q: 5400 at 7% compounded quarterly for 5 years

A: Compound Interest Formula is given as follows Where A is the final amount after time t P is the…

Q: Find ordinary and exact interest on P10 800 for five days at 8% simple interest

A: We need to find Ordinary and exact interest rate. We have given that , P = 10800 r = 8 % = 8100 =…

Q: At the time of her grandson birthday a grandmother deposits 10000$ in an account that pays 2.5%…

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Q: Find the present value that m deposited now to amount to 24,500 in 5 years at 8%

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Q: Find the simple interest on P6275 at 10% for 6 months.

A: GIVEN: P = $6275, R = 10%, T = 6 months

Q: blake contributed $508 at the end of every 3 months into an RRSP fund earning 3.52% compounded…

A: Answer  Step by step approach to calculate the future value of the fund at end of 7 years is given…

Q: What amount should be deposited today to buy for a P 216,000.00 house and lot in 6 years? The bank…

A: We need to find the amount that should be deposited today to buy for a P 216,000.00 house and lot in…

Q: Toby Martin invests $ 2500.00 at the end of each year for 8 years at 12% interest compounded…

A: GIVEN INFORMATION principal = $ 2500. 00  time 8 years  rate 12 % compounded semiannually  number of…

Q: Please calculate the amount and interest from $15,000 at 8% for 2 years compounded quarterly using…

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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: What is the interest rate compounded quarterly if P 2,500,000.00 is invested and the amount became…

A: Formula: The compound interest formula is given below: A=P1+rnnt, where A-final amount, P-Principle…

Q: Find the present value of 9,000 at a simple interest rate of 7% in 18 years?

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Q: Suppose that RM9,000 is deposited for 6 years in an account paying 8.31% per year compounded…

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Q: Find the compound interest earned if PhP 51,679 is deposited in a bank at 3.1% compounded monthly…

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Q: Angela deposits $4000 into an account with an APR of 4.6% for 12 years find the future value of the…

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Q: Calculate the compounded amount if Miya deposited Php 30,000 in a bank which pays 8% compounded…

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Q: Convert 14% compounded quarterly to "r" compounded semi-anually, full solution please

A: Given question:- Convert 14% compounded quarterly to "r" compounded semi-anually (We can solve this…

Q: 2. Php25, 450.00 for 3 years and 5 months at 8-% compounded monthly.

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Q: Carolyn invests $8000 at an annual rate of 7% compounded daily for 6 months. what is the future…

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Q: Suppose you want to accumulate 120,00 for your retirement in 30 years. Make a single deposit into an…

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Q: Problem 2: Use the Improved Euler method (h= 0.1) to obtain a four-decimal approximation of y(0.5)…

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Q: A local university received a $500,000.00 gift to establish an endowment fund for a student…

A: Answer:- value of the fund 56 years from now = 500,000 *[(1+0.02/2)^(2*8) ]=586289.322462…

Q: Blake contributed $584 at the end of every 3 months into an RRSP fund earning 3% compounded…

A: The future value is the value of an investment or sum at a specific point in the future, taking into…

Sequence and Series

A sequence is defined as a collection of things. Series is defined to sum the things one by one in the sequence.  It was invented by German mathematician Carl Friedrich Gauss.