Use the formula A = P(1 + )" to find the total amount of money accumulated for an initial investment $6,000 at 8% compounded quarterly after 5 years. Round to the nearest cent (in dollars and cents). Amount:

Q: Audrey is going to invest in an accour paying an interest rate of 5.7% compounded daily. How much…

A:

Q: Rounded to the nearest cent, find the amount of money accumulated in 5 years if $10000 is invested…

A: Suppose P be the principal amount, R be the interest rate and t be the time, then P=$10000, R=6%…

Q: Amanda invests $5400 in a new savings account which earns 5.8 % annual interest, compounded monthly.…

A:

Q: Timothy invests $5,000 at 17% interest compounded daily for three years.How much does he have in the…

A: topic- compound interest

Q: Caroline wants to have $10,000 in 5 years after investing in an account that earns 7.3% compounded…

A:

Q: You deposit $400 in an account earnings 3% interest compounded annually. How much will you have in…

A:

Q: Isabella invests $17,500 in an account that pays 4% annual interest, compounded monthly. Find the…

A: Isabella invests $17,500 in an account that pays 4% annual interest, compounded monthly. To find the…

Q: What is the rate on an investment that doubles $9916 in 20 years? Interest is compounded quarterly.

A:

Q: Jeremy invested his savings in a bank at 5.00% compounded monthly. How much money did he invest to…

A: Solve the above question.

Q: Arianna invests $5600 in a new savings account which earns 5.9% annual interest, compounded…

A:

Q: Rounded to the nearest quarter year, how long will it take an investment to quadruple if it earns 8%…

A:

Q: Amanda invests $5300 in a new savings account which earns 5.9% annual interest, compounded monthly.…

A: Investment of Amanda P=$5300 rate of interest r =5.9% time t=5years find out the total amount after…

Q: Katie has S15,000 to invest in an account earning 4.75% interest, compounded monthly. How much…

A: Note : As per our guidelines we are supposed to answer only one question.   Since you have asked…

Q: Curtis invested $4200 into an account that pays 1% interest compounded annually. How much money…

A:

Q: Amanda invests $5100 in a new savings account which earns 3.3% annual interest, compounded monthly.…

A:

Q: Dylan takes out a bank loan of $11,500 at 3.8% interest compounded annually. How much interest, in…

A: Given data is : Loan P=$11500 Interest rate r=3.8%, compounded annually. Time t=3 years To find the…

Q: Lupita deposited $5,000 into a savings account that earns 2% interest compounded annually. Rounded…

A: To Determine: how much interest will Lupita have earned after 48 month Given:  Lupita deposited…

Q: $10,000 is invested for 5 years with an APR of 2.75% and monthly compounding.

A: The complete solutions are given below

Q: Christian is saving money and plans on making monthly contributions into an account earning an…

A: Given data is: Future value of amount after n period A=$9000 Interest rate i=5.7% Period n =32…

Q: Carla wants to start a college fund for her daughter Lila. She puts $63,000 into an account that…

A:

Q: Liz wants to accumulate at least $40,000 by depositing $900 at the end of each month into a fund…

A: As the interest rate is compounded monthly:   Part (a):   Future value for the annuity is computed…

Q: A credit card had an APR of 17.78% all of last year and compounded interest daily. What was the…

A:

Q: read question carefully, it says round to the nearest hundred dollars

A: Consider the given information:

Q: Use the compound interest​ formula, A=P1+rnnt​, to solve the problem given. Round answers to the…

A:

Q: compounded

A:

Q: Arianna invests $5500 in a new savings account which earns 5.6% annual interest, compounded daily.…

A: Given query is to find the value of investment after 7 years when compounded daily.

Q: Karl buys a $2500 investment certificate that pays 3.75% simple interest per year. How much more…

A: The term per cent means for every hundred. A fraction whose denominator is 100 is called a…

Q: Read question carefully

A: The compound interest formula ( if the interest is compounded on daily basis) is given by:

Q: Hui invested an amount of $22,000.00 in a mutual fund. After 2 years and 6 months the accumulated…

A: Here we find the interest rate.

Q: Use the formula A = P(1+ )“ to find the total amount of money accumulated for an initial investment…

A:

Q: Eva invests $8200 in a new savings account which earns 4.4 % annual interest, compounded daily. What…

A:

Q: Ariana is going to invest in an account paying an interest rate of 3.7% compounded monthly. How much…

A: r=3.7%  A=$25000 t=14 years  n=12 (compounded monthly)

Q: Dylan and Liz multiply 48,292.72 by 4 to make a total savings goal for college. If they want to have…

A:

Q: Find the time required for an investment of $12,000 to grow to $26,000 at an annual interest rate of…

A: The formula for accumulated amount is given by, A=P1+rnnt where P is the principal, r is the rate of…

Q: Lucy invested for 15 years at 2.8%, compounded annually and ended with an account balance of $2250.…

A:

Q: Preston has $8,000 in a savings account. The interest rate is 4%, compounded annually. To the…

A: We have to find compound interest.

Q: Harpreet receives a financial gift from her grandparents, which she invests at an interest rate of…

A:

Q: At the beginning of every three months, a college student deposits P3,000 in a fund that gives 2%…

A: Given:      Principal =$3000     Quarterly Interest rate =2%=2%4=0.5%=0.005     number of times n=3…

Q: Use the formula A = P(1+ )" to find the total amount of money accumulated for an initial investment…

A: Given  Investment P = $600 Interest rate r = 8% compounded semiannually Times t = 9 years To find…

Q: Dominic works after school to save money for college. He makes monthly deposits of $250 into an…

A: Given: Deposit =$250Rate of interest=4%Time =5 years

Q: On Melissa's 6th birthday, she gets a $5000 CD that earns 6% interest, compounded quarterly. If the…

A: The compound interest accrued on a principal amount P, at rate R% after time t years is given as…

Q: Rose invests $ 28,000 at 8 %/a,compounded semi-annually. What is the total amount of the interest…

A:

Q: Mindy invests $4500 at 6% interest. Compounded semi-annually. How much interest will be added after…

A: We can solve the problem by the rule of compound interest.

Q: Greg has $9,000 in a savings account. The interest rate is 15%, compounded annually. To the nearest…

A: NOTE: Refresh your page if you can't see any equations. . here we have P=9000 r=15%=0.15 n=1 for…

Q: Snape made a deposit of $495 into an account that pays 3% interest compounded annually. How much…

A:

Q: Using the formula A=P(1+r/n)^nt, calculate the interest earned in 6 years on $865 deposited in an…

A:

Q: What is the balance in a college fund after 20 years if $5000 was invested at 5% nt compounded…

A: The principle invested is P=$5000. The time period is 20 years. The rate of interest is 5% and it is…

Q: Frank invests $ 4500 dollars into an account earning interest compounded quarterly. After 7 years…

A:

Q: Chris invests $10 000 at 7.2%/a compounded monthly. How long will it take for his investment to grow…

A: Give information A=$25,000 P=$10,000 r=7.2% compounded monthly ⇒r=7.2100=0.072 For compounded…

Equations and Inequations

Equations and inequalities describe the relationship between two mathematical expressions.

Linear Functions

A linear function can just be a constant, or it can be the constant multiplied with the variable like x or y. If the variables are of the form, x2, x1/2 or y2 it is not linear. The exponent over the variables should always be 1.