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Question 5 2.39 Points If $1116 is invested at 5.12% for 6 years, find the future...
1. What is the future value in 7.4 years of $8651 invested in an account with a stated annual interest rate of 10%, compounded annually? 2. What is the future value in 14 years of $818 invested in an account with a stated annual interest rate of 4.3%, compounded semi-annually? 3. What is the future value in 5 years of $7922 invested in an account with a stated annual interest rate of 5.8%, compounded monthly 4. What is the future...
Find the future value and interest earned if $8806.54 is invested for 9 years at 6% compounded (a) serniannually and (b) continuously (a) The future value when interest is compounded semiannually is approximately $ (Type an integer or decimal rounded to the nearest hundredth as needed.) The interest earned is approximately $. (Type an integer or decimal rounded to the nearest hundredth as needed) (b) The future value when interest is compounded continuously is approximately $) (Type an integer or...
Find the value, in 2 years’ time, of $4000 invested at 5% compounded annually. In the following 2 years, the interest rate is expected to rise to 8%. Find the final value of the investment at the end of the 4-year period, and find the overall percentage increase. Give your answers correct to 2 decimal places. Find the value, in 2 years’ time, of $4000 invested at 5% compounded annually. In the following 2 years, the interest rate is expected...
(Related to Checkpoint 5.2) (Future value) To what amount will $5,100 invested for 8 years at 10 percent compounded annually accumulate? $5,100 invested for 8 years at 10 percent compounded annually will accumulate to $ (Round to the nearest cant)
(Related to Checkpoint 5.2) (Future value) To what amount will $5,000 invested for 8 years at 9 percent compounded annually accumulate? $5,000 invested for 8 years at 9 percent compounded annually will accumulate to $. (Round to the nearest cent.)
Question Help Related to Checkpoint 5.2) (Future value) To what amount will $5,000 invested for 10 years at 9 percent compounded annually accumulate? $5,000 invested for 10 years at 9 percent compounded annually will accumulate to s Round to the nearest cent.) ad in tl Enter your answer in the answer box Type here to search
please answer both questions ! If $19,000 is invested in an account for 30 years. Find the value of the investment at the end of 30 years if the interest is: (a) 5% simple interest: $ 28500 interest: $ 2850_ (b) 5% compounded annually: $ 63116.91 Round your answers to the nearest cent. Question Help: Video Message instructor Submit Question If $13,000 is invested in an account for 15 years. Calculate the total interest earned at the end of 15...
ats Find the future value and interest earned if $8904.56 is invested for 9 years at 5% compounded (a) semiannually and (b) continuously (a) The future value when interest is compounded semiannually is approximately $ (Type an integer or decimal rounded to the nearest hundredth as needed) The interest earned is approximately $ (Type an integer or decimal rounded to the nearest hundredth as needed) (b) The future value when interest is compounded continuously is approximately $ (Type an integer...
What is the future value of $119,000 invested for 5 years at 8% compounded monthly? (a) State the type amortization future value present value ordinary annuity sinking fund (b) Answer the question. (Round your answer to the nearest cent.) $
Question 7 2.38 Points Solve the equation 2x+64=146. Calculate your answer to the nearest whole number. Do not put the x= in your answer. Only put the number value for your answer. Add your answer Question 8 2.38 Points Four teams will receive prize money based on their ticket sales. The total prize amount to be apportioned is $336. Determine the standard divisor based on the ticket sales. The ticket sales are: Applejacks: 54 tickets sold Broncos: 70 tickets sold...