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If $11,000 is invested at 4%...
If $10,000 is invested at 4% compounded quarterly, what is the amount after 4 years? The...
If $10,000 is invested at 4% compounded quarterly, what is the amount after 4 years? The amount after 4 years will be $ (Round to the nearest cent.)
13.1.21 # $7000 is invested at 9% compounded (a) annually. (b) semiannually, or (c) quarterly, what...
13.1.21 # $7000 is invested at 9% compounded (a) annually. (b) semiannually, or (c) quarterly, what is the amount after 6 years? (a) If it is compounded annually, what is the amount after 6 years? A= $ 11739.7 (Round to the nearest cent as needed.) (b) If it is compounded semiannually, what is the amount after 6 years? A = $ 11,871.17 (Round to the nearest cent as needed.) (c) If it is compounded quarterly, what is the amount after...
Can you help me solve this please? Use the formula for continuous compounding to compute the...
Can you help me solve this please?
Use the formula for continuous compounding to compute the balance in the account after 1,5, and 20 years. Also, find the APY for the account. A $7000 deposit in an account with an APR of 3.9% - The balance in the account after 1 year is approximately $ (Round to the nearest cent as needed.) The balance in the account after 5 years is approximately $ (Round to the nearest cent as needed.)...
Find the amount that results from the given investment $600 invested at 8% compounded quarterly after...
Find the amount that results from the given investment $600 invested at 8% compounded quarterly after a period of 2 years After 25 years, the investment results in s[ (Round to the nearest cent as needed.)
can you please solve it by axcel thank you for your help 2.52 Five annual deposits...
can you please solve it by axcel thank you for your help
2.52 Five annual deposits in the amounts of $15,000, $14,000, $13,000, $12,000, and $11,000 are made into a fund that pays interest at a rate of 7% compounded annually. Determine the amount in the fund immediately after the fifth deposit.
If $1200 is invested for x years at 8%, compounded quarterly, the future value that will...
If $1200 is invested for x years at 8%, compounded quarterly, the future value that will result is represented by the following equation. S = 1200(1.02)4x What amount will result in 4 years? (Round your answer to the nearest cent.) $
Find the present value (the amount that should be invested now to accumulate the following amount)...
Find the present value (the amount that should be invested now to accumulate the following amount) if the money is compounded as indicated. $9411.44 at 3.3% compounded annually for 4 years The present value is $ (Do not round until the final answer. Then round to the nearest cent as needed.) Find the present value (the amount that should be invested now to accumulate the following amount) if the money is compounded as indicated. $5600 at 4% compounded quarterly for...
Find the amount that results from the given investment. $500 invested at 9% compounded quarterly after...
Find the amount that results from the given investment. $500 invested at 9% compounded quarterly after a period of 2 years After 2 years, the investment results in $ (Round to the nearest cent as needed.)
Question 24 (4 points) Gordon invested $93,000 into a CD compounded quarterly with an annual interest...
Question 24 (4 points) Gordon invested $93,000 into a CD compounded quarterly with an annual interest rate of 2.65%. Determine how much money Gordon would have after 7 years. Round your answer to the nearest cent. Provide only a numerical answer (For example, if the final amount came to $5,023.97, then you would input 5023.97). Your Answer: Answer
Find $600 invested at 6% compounded quarterly after a period of 2 years After 2 years,...
Find $600 invested at 6% compounded quarterly after a period of 2 years After 2 years, the investment results in$ (Round to the nearest cent as needed.) the amount that results from the given investment.
If $10,000 is invested at 4% compounded quarterly, what is the amount after 4 years? The amount after 4 years will be $ (Round to the nearest cent.)
13.1.21 # $7000 is invested at 9% compounded (a) annually. (b) semiannually, or (c) quarterly, what is the amount after 6 years? (a) If it is compounded annually, what is the amount after 6 years? A= $ 11739.7 (Round to the nearest cent as needed.) (b) If it is compounded semiannually, what is the amount after 6 years? A = $ 11,871.17 (Round to the nearest cent as needed.) (c) If it is compounded quarterly, what is the amount after...
Can you help me solve this please?
Use the formula for continuous compounding to compute the balance in the account after 1,5, and 20 years. Also, find the APY for the account. A $7000 deposit in an account with an APR of 3.9% - The balance in the account after 1 year is approximately $ (Round to the nearest cent as needed.) The balance in the account after 5 years is approximately $ (Round to the nearest cent as needed.)...
Find the amount that results from the given investment $600 invested at 8% compounded quarterly after a period of 2 years After 25 years, the investment results in s[ (Round to the nearest cent as needed.)
can you please solve it by axcel thank you for your help
2.52 Five annual deposits in the amounts of $15,000, $14,000, $13,000, $12,000, and $11,000 are made into a fund that pays interest at a rate of 7% compounded annually. Determine the amount in the fund immediately after the fifth deposit.
If $1200 is invested for x years at 8%, compounded quarterly, the future value that will result is represented by the following equation. S = 1200(1.02)4x What amount will result in 4 years? (Round your answer to the nearest cent.) $
Find the present value (the amount that should be invested now to accumulate the following amount) if the money is compounded as indicated. $9411.44 at 3.3% compounded annually for 4 years The present value is $ (Do not round until the final answer. Then round to the nearest cent as needed.) Find the present value (the amount that should be invested now to accumulate the following amount) if the money is compounded as indicated. $5600 at 4% compounded quarterly for...
Find the amount that results from the given investment. $500 invested at 9% compounded quarterly after a period of 2 years After 2 years, the investment results in $ (Round to the nearest cent as needed.)
Question 24 (4 points) Gordon invested $93,000 into a CD compounded quarterly with an annual interest rate of 2.65%. Determine how much money Gordon would have after 7 years. Round your answer to the nearest cent. Provide only a numerical answer (For example, if the final amount came to $5,023.97, then you would input 5023.97). Your Answer: Answer
Find $600 invested at 6% compounded quarterly after a period of 2 years After 2 years, the investment results in$ (Round to the nearest cent as needed.) the amount that results from the given investment.
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