What is the interest rate compounded quarterly if P 2,500,000.00 is invested and the amount became P3,210,000 after 10 years?

Q: What interest rate, compounded semiannually would cause 6600 to grow to 8800 over 2 years? Give your…

A: Compound interest

Q: A financial adviser recommends a client deposit $1500 in a fund that earns 9.5% annual interest…

A: To find the interest rate per month

Q: PLEASE TYPE IT AND NOT HANDWRITTEN Determine the rate compounded semi-annually at which P10,000…

A: The amount for compound interest is given by A=P1+rnnt where A is the amount  P is the principal…

Q: $19000 is invested for 5 years with an APR 3% and daily compounding, what is the balance in the…

A: We have to find future amount for given Questions.

Q: ABC bank pays interest at the rate of 2% compounded quarterly. How much will have in the bank at the…

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Q: Green Acres Sprinklers, Inc, will receive $185,000 in 3 years as part of a lawsuit settlement. Find…

A: Given query is to find the present value of the money.

Q: AIf $5,000 is invested in as account paying 1% compounded monthly, how much money will be in that at…

A: Since you have asked multiple questions in single request  so we  will be answering only first…

Q: Determine the value of an account after 10 years if a principal amount of 11000 was deposited with…

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Q: You deposit $500.00 every month into an account earning 2% interest compounded monthly. How much…

A: solution of the given problem is below...

Q: You have Php 350,000 on hand. Which investment plan will yield the higher interest? A: 5% compounded…

A: Given principle amount is P=350000 Php. (A) Consider the rate of interest r=5% compounded monthly…

Q: At the time of her grandson's birth, a grandmother deposits $7000 in an account that pays 9.5%…

A: NOTE: Refresh your page if you can't see any equations. . here we have P=7000 A=? r=9.5%=0.095 n=12…

Q: If you borrow $2,500 at 7% interest, what is the amount that you will owe in five years if…

A: To find total amount ( A )

Q: A fund is to be created by investing P10,000 at the end of every month for 10 years. If money is…

A: An annuity is a type of investment where the person depositing the amount develops a sequence of…

Q: Brad has a government bond that will be worth $10,588.13 in seven years.  The bond has an interest…

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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: You would like to have $17,000 in your savings account in 18 years. If your savings account pays…

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Q: Find the present value: 1. Php 40,000 due in 2 years at 3% compounded monthly 2. Php 60,000 due in 3…

A: topic - compound interest

Q: What sum of money is required to pay a loan of P20,000 on May 20, 2018, if the loan was made on…

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Q: Find the effective rate of interest.; For 6% compounded monthly

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Q: If Ms. Nabilog invests Php 1,000 in a savings account that offers an interest of 9% compounded…

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Q: Find the amount of compound interest earned. 5) $5000 at 6% compounded annually for 3 years

A: Recall the following fact.

Q: In 3 years Compounded annually (1) Compounded semi-annually (2) Compounded quarterly (3) Compounded…

A: Principal = 100,000 and interest rate = 3%, and t = 5, We have to find the future value if the…

Q: 1. What are the compound amount and interest if Php 6,000 is invested at 2% compounded monthly for 2…

A: Given that, Php 6,000 is invested at 2% compounded monthly for 2 years.

Q: find the least amount  that could be deposited in a bank account today at 12% compounded quarterly…

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Q: PLEASE TYPE IT AND NOT HANDWRITTEN Find the compound amount and interest if P400,000 is invested at…

A: We know formula for compound interest is A=P1+rnnt Where A is amount after t years, P is principal…

Q: Find the balance if $30000 is invested in an account paying 4.5 % interest compounded semi-annually…

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Q: What interest rate was applied if a loan of ₱54,300 will amount to ₱83,000 after 2 years and 6…

A: NOTE: Refresh your page if you can't see any equations. . here we have P=54300 A=83000 t=2 years and…

Q: If you borrow $8,500 at 4% interest, what is the amount that you will owe in five years if…

A: The formula for compound interest is given below: A=P1+rnnt where, A is the final amount, P is the…

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: Brandon's savings account has a balance of $4069. After 4 years what will the amount of interest be…

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Q: The televison show "America's Got Talent" says that each season's winner gets 1 million dollars. But…

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Q: Find the simple interest on a $200 investment made for 5 years at an interest rate of 8%/year. What…

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Q: An investor deposits $200 each month into an account that pays 6% interest compounded monthly (6% is…

A: The objective is to find how much money will  be there  in the account at the end of 4 years correct…

Q: Suppose you saw a sign at your local bank that​ said, ​"5.3​% rate compounded semiannually – 5.5​%…

A: Given the data :

Q: Assume that 1500 Php is deposited in an account in which interest is compounded annually for 5…

A: The formula for the accumulated amount is given below: A=P1+rnnt where P  is the present value, r is…

Q: Find the present value: 1. Php 40,000 due in 2 years at 3% compounded monthly 2. Php 60,000 due in 3…

A: As per Bartleby guidelines we're supported to answer only first three subparts . Kindly repost rest…

Q: If $11,000 is invested at 6% interest compound monthly, find the interest earned in 18 years. The…

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Q: Find the present value of $ 10,000 at a simple interest rate of 5 % in 12 years ? (write the answer…

A: Given: Amount A = $10,000 rate r = 5% no. of years t = 12 To find: present value P=??

Q: A Php 500,00.00 trust-fund was set up and to be used by an 8-year old niece when she goes to…

A: It is given that, Principle value , P=50000 Time =10 years Interest Rate, r=9.75%=0.0975 Since,…

Q: Suppose that $8000.00 was invested in a savings account that paid 2.5% interest compounded…

A: Given $8000.00 was invested in a savings account that paid 2.5% interest compounded quarterly.We…

Q: Ryan deposited ₱ 25,000 in a saving bank on Jan. 13, 2013. At that time the bank was paying 4%…

A: Given: Deposited amount = ₱ 25,000 Rate of interest till July 12, 2015 = 4 % compounded quarterly…

Q: Mr. Ribiya would like to save 500,000 for his son’s college education. How much should he deposit in…

A: Compound interest formula: P = P0{1+(r/n)}nt ,where P0 = initial principal balance,     P = future…

Q: Find the amount of interest earned by each deposit $2781.36 if interest is 4.8% compounded quarterly…

A: Consider the provided information, We have, P=2781.36, n=4, r=4.8% and t=6. The formula of compound…

Q: A recent graduates student loan total $15,000. If these loans are at 4.6%, compounded quarterly, for…

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Q: What amount will be deposited in a bank at 10% compounded quarterly that will accumulate to P125 000…

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Q: find the amount of time it takes for an investment that earns 4.04% interest compounded monthly to…

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Q: Find the amount due on P200,000 in 4 years and 3 months at 6% compounded annually  7% simple…

A: Use the following formulae to obtain the solution. Amount by Compound Interest, A=P1+rnntAmount by…

Q: Hannah expects to receive Php 200,000 five years from now. How much is the money worth now if the…

A: Given Future amount = A = Php 200,000 Time = t = 5 years Interest rate = r = 10% compounded monthly

Q: ong deposited an amount of Php10 000 in a bank that pays 4% annual interest compounded monthly. How…

A: Given that: Money deposited, P0=10000 Php                     Rate of interest, r=4%…

Q: On his 7th birthday, Lee was left with an inheritance. The inheritance will be paid in a lump sum of…

A: The value of the inheritance as of Lee’s 7th birthday= 4723.432