Question 4 of 13 Patrick heard that she could triple her money in 25 years if she invested it in a large telecommunications business. What nominal interest rate compounded monthly does the business offer? Round to two decimal places

Q: D Question #1 Determine how much is in the Account, if $5,000 is invested into a bank account for 3…

A: Since the student has posted multiple questions and does not mention any specific question, so we…

Q: Question 8 of 9, Step 1 of 1 4/9 Correct In Carol invested $30,800 at 19% to be compounded monthly.…

A: compound interest

Q: Question 3 of 14 You currently have $12,000 in your savings account. At what nominal interest rate…

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Q: QUESTION 6 If you save $180 per month for retirement in an account that earns 6% interest per year,…

A: Given query is to find amount accumulated.

Q: compounded

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Q: Question 19. Find the balance on an account if you invest $ 407 at 3.9 % for 13 years compounded…

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Q: Question 8 Copy of Find the amount at the end of 5 years and 7 months if P4,000 is invested at 59%…

A: Compound  Intrest formula A= P[1+(r/n)]in P-principal amount r- rate of intrest i-no of years n- no…

Q: Question 1 Chanda wants to invest 8500 dollars in an investment account with APR 4.6% compounded 7…

A: Compound interest is the addition of interest to the principal sum of a loan or deposit, or in other…

Q: Question 2 of 9 Find the equivalent interest rate for the given nominal interest rate. a. Nominal…

A: Topic:- interest rate

Q: Question 4: At what rate of interest compounded semi-annually for 8 years will Rs. 3,150 amount to…

A: Let us consider the principal amount be P.  The amount will be A after t years at the rate of r% for…

Q: QUESTION THREE a) BONDO Enterprise's rent will expire in four years. The property owner only accepts…

A: (a) Given:Current rent, A=GHc 50Rate of interest, r=10%Number of times interest applied per time…

Q: QUESTION 4. A rich guy puts $1,000,000 into a bank account that pays 7.3% annual interest,…

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Q: Question 14 > You would like to have $600,000 when you retire in 35 years. How much should you…

A: You would like to have $600,000 when you retire in 35 years  earn a rate of 5.8% compounded…

Q: If $2000 is invested at an interest rate of 4.5% per year, compounded daily, find the value of the…

A: Given that the initial investment = P = $2000 Interest rate=r= 4.5%= 0.045  Number of times…

Q: Question 7 You deposit $6000 in an account earning 3% interest compounded monthly. How much will you…

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Q: Question 31 > Rasmus has 5000 dollars that he wants to invest. His bank has several investment…

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Q: If $4000 is borrowed at a rate of 6.75% interest per year, compounded quarterly, find the amount due…

A: Topic-compound interest

Q: Question 9 of 9 A company currently owes $25,000 to a bank for a loan it took 3 years and 5 months…

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Q: Question 4 . ) Zeta has $12,000 that he wants to invest. His bank has several investment accounts to…

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Q: Question 4 A certain appliance depot sells a new smart phone for 18,000 php. It offers the buyer…

A: Here we solve the given problem of emi.

Q: Question 1: Steve decided to deposit $4,680 into a savings account with 6.5% interest, compounded…

A: Initial amount deposited is $4680 Rate of interest is 6.5% compounded quarterly number of years =7…

Q: Question 1 of 14 If an investment grew to $13,000 in 3 years and the interest amount earned was…

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Q: to o bmn 3. An amount of $12,000 is deposited into an account with annual interest of 4.2%…

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Q: QUESTION 3. $4500 is deposited for 4.5 years in an account that pays 4.5% interest compounded…

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Q: 1/4 Question 3 of 4, Step 1 of 1 Correct Eva invests $8200 in a new savings account which earns 4.4…

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Q: Question 3 Nkechi has $8,000 that she wants to invest. Her bank has several investment accounts to…

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Q: Question 18. Find the balance on an account if you invest $ 785 at 5.3% for 13 years compounded…

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Q: QUESTION 4 How much should you save in an account now so that you will have $90,000 in 6 years, if…

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Q: The parents of a 3-year-old child put $10,000 into an account with the hope that the amount will…

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Q: Question 3 of 12 The interest rate on a GIC is 4.25% compounded quarterly. What is the purchase…

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Q: QUESTION 5 Alex deposits $1,200 in a savings account that pays %1.5 interest compounded monthly. How…

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Q: Question 6 You owe $19,000 on student loans at an interest rate of 5.8% compounded monthly. You want…

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Q: Question 8 Which of the following accounts had the highest APY? Account 1:  A deposit of $1300 at…

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Q: Find the time required for an investment of 5000 dollars to grow to 9000 dollars at an investment…

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Q: QUESTION 8 Dedrick puts $250 into an account every month that pays 5.25% interest, compounded…

A: Solve for A

Q: Question 13 of 14 If Derek invested $24,000.00 in an RRSP on his 21st birthday, how long would it…

A: Derek invested $24000 inan RRSP on his 21st birthday. We need to find the number of years it take…

Q: Question 3 of 6 What monthly compounding nominal interest rate is earned on an investment that…

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Q: Question 3 At what nominal interest rate compounded quarterly will a certain amount of money be…

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Q: Question 2 <. You deposit $4000 each year Into an account earning 7% Interest compounded annually.…

A: I have used the compound interest formula to the solve the problem

Q: Suppose you have a $2,000 savings bond that pays 6% interest annually that matures in 10 years.  How…

A: Solution

Q: Question 25 of 34 Step 1 of 1 Julieta and Eric are purchasing a home. They wish to save money for 12…

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Q: QUESTION 8 If you save $270 per quarter for retirement in an account that earns 8% interest per…

A: After 38 years interest.

Q: • Question 9 If 3000 dollars is invested in an account for 10 years. Find 10 years if the interest…

A: Only first three subpart are answered. Please refer to the image below

Q: Question 4 Investments and Loans 4) fou have an opportunity to invest $10000 for 5 vears. The…

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Q: Question 2 What is the present equivalent of 18,000S to be received by Mlkw in 15 years when…

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Q: How much money is in the bank after for 4 years? 2. A deposit of $2150 earns 6% interest compounded…

A: First I have written the Future value of a compound interest problem, just use that formula for the…

Q: QUESTION 14 Calculate the amount of interest you'Il have at the end of the indicated period. You…

A: I have used the fact that The simple interest is Ptr/100

Q: What principle will amount to $8500 if invested at 3% compounded monthly for 11 years? The Principle…

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Q: Question 3 is compounded quarterly. How much money is in the fund after We invest $7 into a fund…

A: This problem can be solved using compound interest formula.

Q: Question 4 Priscilla invested $20,000 at a rate of 12% over 5 years. Much to her surprise, he…

A: