Find the maturity value and the amount of simple interest earned. Round to the nearest cent....
Find the maturity value and the amount of simple interest earned. Round to the nearest cent. $5482 at 4.6% for 9 months O $5692.14: $210.14 $5650.11: $168.11 $5672.72: $190.72 O $5671.13: $189.13
Find the total amount due for the simple interest loan. (Round your answer to the nearest cent.) $6100 at 5.3% for 4 years 9 months.
Calculate the simple interest and maturity value. (Do not round intermediate calculations. Round your answers to the nearest cent.) Principal Interest rate Time Simple interest Maturity value $4,500 3% 6 mo. $
Find the present value and the amount of interest earned. Use the present value of a dollar table. Present Value Amount Time I Interest Needed $18,904 10 6 % Click here to view periods 1-25 of the present value of a dollar table. Click here to view periods 26-49 of the present value of a dollar table Interest Earned Compounded quarterly What is the present value? $ (Round to the nearest cent as needed.) What is the amount of interest...
Find the amount (future value) of the ordinary annuity. (Round your answer to the nearest cent.) $1400/semiannual period for 8 yr at 9%/year compounded semiannually Find the amount (future value) of the ordinary annuity. (Round your answer to the nearest cent.) $100/month for 14 yr at 15%/year compounded monthly
Find the compound amount for the deposit. Round to the nearest cent. $9,000 at 7% compounded semiannually for 10 years O A. $12,695.39 OB. $17,704.36 OC. $17,908.10 OD. $9,006.30 Click to select your answer. Type here to search Find the amount of compound interest earned. $9,000 at 5% compounded annually for 3 years O A. $1,441.63 O B. $1.418.63 O C. $1,935,000.00 OD. $19,350.00
Find the amount (future value) of the ordinary annuity. (Round your answer to the nearest cent.) $1500/semiannual period for 9 yr at 6%/year compounded semiannually Find the amount (future value) of the ordinary annuity. (Round your answer to the nearest cent.) $130/month for 15 yr at 11%/year compounded monthly
Calculate the present value of the compound interest loan. (Round your answers to the nearest cent.) $22,000 after 8 years at 3% if the interest is compounded in the following ways. _________annually __________quarterly Find the effective rate of the compound interest rate or investment. (Round your answer to two decimal places.) 25% compounded monthly. [Note: This rate is a typical credit card interest rate, often stated as 2.1% per month.] ________% Since 2007, a particular fund returned 13.9% compounded monthly....
Find the compound amount and the amount of interest earned by the following deposit. $8,000 at 5.85% compounded continuously for 3 years. What is the compound amount? (Round to the nearest cent.) What is the interest earned? $ (Round to the nearest cent.)
a. Find the price for the bond in the following table: (Round to the nearest cent.) Par Value $1,000.00 Years to Maturity 15 Coupon Rate 8% Price Yield to Maturity 10% +