5 How many years will it take to be able to accumulate P20,000 to P32,427.25 at 1.75% simple interest?

Q: d the amount of money that accumulates when $310, 000 is placed annually into a non-interest-earning…

A: Given query is to find the amount accumulated.

Q: A company needs $7,000,000 in 10 years in order to expand their factory. How much should the company…

A:

Q: You invest $500 into an account that collects 1% interest each month. If you add an addi- tional $50…

A: Solution: If you invest $ 500 in an account you will collect at the end the monthly rate of interest…

Q: 13. If Frank invests $11,400 at 3.7% interest compounded quarterly, how much will his investment be…

A: Given: Frank invests $11,400 at 3.7% interest compounded quarterly. To find: Investment's worth in 9…

Q: Suppose $22,000 is invested in an account with an APR of 5.3%. a. If the interest is compounded…

A: Given: P=$22000 R=5.3% annually T= 6 years a) Compounded annually n=1 A=P1+R100nnT…

Q: You decide to invest $7,500 into an account that pays 1.1% annual compound interest. How many years…

A: The given problem is You decide to invest $7,500 into an account that pays 1.1% annual compound…

Q: Suppose you deposit $4,000 into a savings account that earns 5.4% APR compounded monthly. The APY is…

A: 13 years will take initial amount to be double.

Q: How much monthly deposits must be made for 8 years and 6 months in order to accumulate P250,000 at…

A:

Q: how much money should be deposited today in an account that earns 4.8% interest so that it will…

A: Formula:

Q: 31. How long will an account worth $2.2 million provide $10,000 at the end of each month, if money…

A:

Q: 3. If interest is compounded quarterly, how much will P100,000 be at the end of one year at 12%?

A:

Q: if $25,600 is invested for 3.5 years at 4.75% simple interest, how much interest is earned?

A:

Q: Suppose you wish to save $3,720. If you have $3,000 and invest it at 8% simple interest, how long…

A:

Q: 4. How much money should be invested in an account that earns 9.5% interest, compounded monthly, in…

A: We know the formula for Compound Interest ,  A = P1 + rnnt   ,  Where , A = Final amount…

Q: What amount must be invested in order to have P128 376.52 after 8 years if mone worth 6% compounded…

A:

Q: Suppose you invest $500 in a savings account that pays 3.5% annual interest. How much will be in the…

A: Given,          Suppose you invest $500 in a savings account that pays 3.5% annual interest,…

Q: 6%, compounded semiannually How much will she have at Check Answer

A: THE EXPLANATION HAS BEEMN GIVEN IN THE ATTACHED FILE.

Q: 2. When buying a new car, one consideration is how fast the car loses value, known as the…

A:

Q: 7. Catherine has invested $25,000 in an account that pays 8.4% compounded monthly. How long will it…

A: Principal (P)= $25000 Rate of interest (r)= 8.4%= 0.084 n=12 (since compounded monthly) Let time be…

Q: 4. Fleet Street Bank pays 4.25% compounded quarterly on a savings account. Washington Bank pays…

A:

Q: (a) If you invest $5,000 in an account that earns an APR of 3% with quarterly compounding, what will…

A: P = 5000 APR = 3% t = 10 year

Q: 3. What amount must be invested in order to have P128 376.52 after 8 years if money is worth 6%…

A:

Q: 4. You put 5000 dollars in a saving account that pays 2.5 percent interest annually. What is the…

A: From the given information, the principal is P=5000, interest rate 2.5% and the time is n years.…

Q: a.) How long will it take for P800 to earn P240, if it is invested at 6.5% simple interest?

A:

Q: Suppose that $7,100 is invested at 4.5% annual interest​ rate, compounded monthly. How much money…

A:

Q: 3)if a child is given $25,000 at birth and that amount is invested at 9% annual interest, at what…

A:

Q: If an investment company pays 6.5% compounded semi – annually, how much should you deposit now to…

A:

Q: 3. A company rents an office building for $5500 per month. If they spend $49,920 to upgrade the…

A: Given, Monthly rent = $ 5500  They spend $ 49,920 to upgrade the facility.  Here, cost of upgrade…

Q: How much should be invested now at 7.45% compounded semiannually to have $39,000 in 20 years?

A:

Q: What present value amounts to $7,000 if it is invested for 18 months at 4% simple interest?

A: Amount = $7000 Time = 18 months = 1.5 year Rate = 4% = 0.04 Interest = Amount × Time × Rate

Q: (a) If you invest $8,000 in an account that earns an APR of 4% simple interest, what will be the…

A:

Q: How much money should you deposit in a bank so that it will accumulate to ₱100,000 at 1% simple…

A:

Q: 13. How long will an amount of P50,000 gain a simple interest of P10,000 at 4% per annum?

A: Principal : 50,000 Interest amount : 10,000 Rate = 4%=0.04

Q: 1. What will be the accumulated value of $15,575 invested at 8.25% interest, compounded…

A:

Q: 1) Suppose a credit card borrower has a debt of $4000 with an interest rate of 24%. Assume the…

A: Formula for the compound interest is given by,

Q: 2. How long will it take for a principal to double if money is worth 6.2% compounded monthly?

A:

Q: How much money should be deposited today in an account that earns 7% compounded semiannually so that…

A: Let $x should be deposited today that earns 7y.Compound semi annually. So that it will accumulate…

Q: At what interest rate will ₱120,000 earn ₱37,800 interest after 3 ½ years?

A:

Q: 7. Suppose that in 1880, one of your ancestors invested $46 compounded semi-annually at 6.5%. If…

A:

Q: What is the value of an asset after 8 years of use if it depreciates from its original value of…

A:

Q: 4. How long will 1 million pesos earn a simple interest of 200.000 at 2% per annum?

A: Since you have asked multiple questions, we will solve the fourth question for you simple interest…

Q: How much monthly deposits must be made for 8 years and 6 months in order to accumulate P250,000 at…

A:

Q: Is it true that if maxine deposited 1000 dollars into an account that pays 4.5% intrest , compounded…

A:

Q: 15. How much money should you deposit in a bank so that it will accumulate to P100,000 at 1% simple…

A:

Q: 9. Nicole invests $4400 in an account which pays 6.7% compounded quarterly. The number of years…

A:

Q: 4. a. Suppose that betwee 401(k) and your employer 8.3%compounded annually dollar, after 18 years?

A:

Q: Q9 How long does $1,000 have to be deposited into a savings account at the end of each month to…

A: How long does $1000 have to be deposited into a saving account at the end of each month to…

Q: You start to invest $480 a month in a IRA that averages 6.2% a year. How long would it take to reach…

A:

Q: How much money should be deposited today in an account that earns 8% compounded semiannually so that…

A:

Q: 5. How long will an amount of P50,000 gain a simple interest of P10,000 at 4% per annum?

A: