What is the total investment of $3500 compounded quarterly for 8 years at a rate of 5%? And what is the total interest made?

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: A student pays back a loan (principal + interest) of $12 344. If it compounded weekly for 4 years,…

A: A=P1+rnnt

Q: What will be the value in 5 years of $17,000 at 4% interest compounded monthly? $

A: Given information:Principal amount (initial investment): Annual interest rate: Compounding…

Q: "Shelly deposits the $2,000 she got as a birthday gift from her grandmother into an account earning…

A:

Q: Find the amount due at the end of 8 years and 6 months if P4, 000 is invested at 7% compounded…

A: Principal amount:  $ 4000 Interest Rate:  r = 7% Time Period:  t = 8 year 6 months

Q: Calculate the interest earned after 5 years on an investment of $2000, assuming an interest rate of…

A: To calculate the interest earned after 5 years on an investment of $2000, assuming an interest rate…

Q: To buy a house in Auckland, Mr Lim took a loan of $500 000 from a bank which chargers compound…

A: Loan Amount  = P0 = $500,000 Interest Rate , r  = 0.013 Loan term = n = 10 years The CI is…

Q: An investment account pays 4.8% compounded monthly. What equal monthly deposits should be made into…

A: An investment account pays 4.8% compounded monthly. What equal monthly deposits should be made into…

Q: How much must be deposited at the end of each year for 5 years to accumulate to $2919.00 at 4%…

A:

Q: A $5000 investment is made in a savings account that pays 10%/a compounded quarterly. How long will…

A:

Q: You began saving for retirement at age 25 by contributing $550 per month at an APR of 6% compounded…

A: You are depositing $550 per month You deposits a total of 40 years.

Q: How much will you need to invest today in an account paying 7% compounding quarterly to have $10,000…

A:

Q: Is 1000 dollars compounded at a nomial rate 10% daily better than 1000 dollars compounded at a…

A: We can explain the answer as below.

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: Find the compound interest on an investment of $18,000 at 8% compounded quarterly for 15 months.

A: In the given problem the investment is $18,000 , the rate of interest is 8%, the investment…

Q: Engr. Velasco decided to subscribe in a globe promo which must be paid P 4,278 per month for five…

A: Engr. Velasco decided to subscribe in a globe promo which must be paid 4,278 per month for five…

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

A:

Q: low much interest are you going to pay after 45 days if you borrowed 50,000.00 in a lending vestor…

A:

Q: Find the interest earned by a deposit of 22,250 at 9 1/4% interest compounded monthly for twenty…

A: