You invest $5400 in an account earning 3.5% interest compound monthly. How much money will be in the account after 6 years?

Q: you deposit $4000 in an account that pays 7% interest compounded semiannually. After 3 years,…

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Q: You deposit $4000 each year into an account earning 5% interest compounded annually. How much will…

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Q: You deposit $1000, and it grows to $1,500 in 5 years.  What is your total return? Total Return =…

A: given deposit = $1000 total balance after 5 years = $1500

Q: You bought $1,000 worth of stock. For the last 7 years you have been losing 3% a year. How much will…

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Q: You borrow $4500 at 5% interested compounded quarterly. How much will you owe after 7 years?

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Q: a man decides to save money in a mutual investment fund about 13% interest annually. if he leaves…

A: a man decides to save money in a mutual investment fund about 13% interest annually. if he leaves…

Q: You deposit $1000 each year into an account earning 6% interest compounded annually. How much will…

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Q: You deposit $3000 in an account earning 5% interest compounded monthly. How much will you have in…

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Q: You deposit $3000 in an account earning 8% interest compounded quarterly. How much will you have in…

A: P=Principle=$3000t=time=15 yearsr=interest rate=8%=0.08A=final amount=?n=number of times compounded…

Q: $5000 is invested in a stock that returns getting 8% compounded monthly. how much interest will be…

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Q: You invest $1000 in an account that pays 7.9% interest, compounded monthly. How much money is in the…

A: Given: Principal amount: P=$1000Interest rate:  r=7.9%Time period: t=3 years.

Q: You put $8,000 into an account that earns 4% interest compounded annually. How much money will be in…

A: We have to apply the compound interest formula for the given problem.

Q: You invest $3075.00 into a savings account and make no deposits for 10 years. The account compounds…

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Q: You save 500 each month by depositing into an account earning 7% monthly. After 15 years you stop…

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Q: A time deposit account In a bank yields 5.5% compound interest Annually . Jennifer invested P 450 ,…

A: The formula for the amount for compound interest is given by  A=P1+r100t where P is the principal…

Q: You deposit $800 every six months into an account that pays 7% p.a interest compounded…

A: Given query is to find the amount of interest earned in 30 years.