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If $19,000 is invested in an account for 30 years. Find...
If $16,000 is invested in an account for 15 years. Calculate the total interest earned at...
If $16,000 is invested in an account for 15 years. Calculate the total interest earned at the end of 15 years if the interest is: (a) 5% simple interest: $ (b) 5% compounded annually: $ (c) 5% compounded quarterly: $ (d) 5% compounded monthly: $ Round your answers to the nearest cent.
Bus Econ R. 1.29 Question Help Suppose that $60,000 is invested at 6% interest. Find the...
Bus Econ R. 1.29 Question Help Suppose that $60,000 is invested at 6% interest. Find the amount of money in the account after 9 years if the interest is compounded annually The amount of money in the account after 9 years is $ (Round to the nearest cent as needed.)
answers only please How much must be deposited at the beginning of each year an account...
answers only please
How much must be deposited at the beginning of each year an account that pays 7%, compounded annually so that the account will contain $32,000 at the end of 5 years? (Round your answer to the nearest cent) $ Need Help? What is the size of the payments that be deposited at the beginning of each 6-month period in an account that pays 5.2%, compounded semiannually, so that the account will have a future value of $140,000...
$1400 is invested at 5% compounded annually. What is the amount of the account at the...
$1400 is invested at 5% compounded annually. What is the amount of the account at the end of 3 years? (See Example 2. Round your answer to the nearest cent.)
8. $1000 is invested in a saving account with an annual interest rate 4%. Find the...
8. $1000 is invested in a saving account with an annual interest rate 4%. Find the balance of the account after 15 years in the following situations (round each answer to its nearest 100th): (i) The interest is compounded annually. (ii) The interest is compounded monthly. (iii) The interest is compounded continuously.
(Compound interest) To what amount will the following investments accumulate? a. $5,200 invested for 9 years...
(Compound interest) To what amount will the following investments accumulate? a. $5,200 invested for 9 years at 10 percent compounded annually. b. $7,900 invested for 7 years at 7 percent compounded annually c. $790 invested for 12 years at 12 percent compounded annually. d. $23,000 invested for 5 years at 4 percent compounded annually. a. To what amount will $5,200 invested for 9 years at 10 percent compounded annually accumulate? SIN (Round to the nearest cent.) nter your answer in...
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...
Help explain this Find (if possible) a. AB and b. BA, if A = cerams). maken...
Help explain this
Find (if possible) a. AB and b. BA, if A = cerams). maken en -5 -2 1 1 -2 1:14 a. Select the correct choice below and, if necessary, fill in the answer boxes to complete your choice. O A. AB = (Simplify your answers.) O B. This matrix operation is not possible. b. Select the correct choice below and, if necessary, fill in the answer boxes to complete your choice. O A. BA= (Simplify your answers.)...
를 years at 9%, compounded quarterly. (Round your answer to the nearest cent.) Find the future...
를 years at 9%, compounded quarterly. (Round your answer to the nearest cent.) Find the future value of an annuity due of $900 each quarter for 8 $45233.98 X Need Help? Raad Marit Talk to Tutor Suppose a state lottery prize is to be paid in 25 payments of $120,000 each at the end of each of the next 25 years. If money is worth 8%, compounded annually, what is the present value of the prize? (Round your answer to...
How much money will there be in an account at the end of 4 years if...
How much money will there be in an account at the end of 4 years if $19000 is deposited at 7% interest compounded semi-annually? (Assume no withdrawals are made. Use the The amount after 4 years will be $ (Round to the nearest cent as needed.) formula A=F A=P(1 + " for compound interest Enter your answer in the answer box and then click Check Answer.
Bus Econ R. 1.29 Question Help Suppose that $60,000 is invested at 6% interest. Find the amount of money in the account after 9 years if the interest is compounded annually The amount of money in the account after 9 years is $ (Round to the nearest cent as needed.)
answers only please
How much must be deposited at the beginning of each year an account that pays 7%, compounded annually so that the account will contain $32,000 at the end of 5 years? (Round your answer to the nearest cent) $ Need Help? What is the size of the payments that be deposited at the beginning of each 6-month period in an account that pays 5.2%, compounded semiannually, so that the account will have a future value of $140,000...
$1400 is invested at 5% compounded annually. What is the amount of the account at the end of 3 years? (See Example 2. Round your answer to the nearest cent.)
8. $1000 is invested in a saving account with an annual interest rate 4%. Find the balance of the account after 15 years in the following situations (round each answer to its nearest 100th): (i) The interest is compounded annually. (ii) The interest is compounded monthly. (iii) The interest is compounded continuously.
(Compound interest) To what amount will the following investments accumulate? a. $5,200 invested for 9 years at 10 percent compounded annually. b. $7,900 invested for 7 years at 7 percent compounded annually c. $790 invested for 12 years at 12 percent compounded annually. d. $23,000 invested for 5 years at 4 percent compounded annually. a. To what amount will $5,200 invested for 9 years at 10 percent compounded annually accumulate? SIN (Round to the nearest cent.) nter your answer in...
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...
Help explain this
Find (if possible) a. AB and b. BA, if A = cerams). maken en -5 -2 1 1 -2 1:14 a. Select the correct choice below and, if necessary, fill in the answer boxes to complete your choice. O A. AB = (Simplify your answers.) O B. This matrix operation is not possible. b. Select the correct choice below and, if necessary, fill in the answer boxes to complete your choice. O A. BA= (Simplify your answers.)...
를 years at 9%, compounded quarterly. (Round your answer to the nearest cent.) Find the future value of an annuity due of $900 each quarter for 8 $45233.98 X Need Help? Raad Marit Talk to Tutor Suppose a state lottery prize is to be paid in 25 payments of $120,000 each at the end of each of the next 25 years. If money is worth 8%, compounded annually, what is the present value of the prize? (Round your answer to...
How much money will there be in an account at the end of 4 years if $19000 is deposited at 7% interest compounded semi-annually? (Assume no withdrawals are made. Use the The amount after 4 years will be $ (Round to the nearest cent as needed.) formula A=F A=P(1 + " for compound interest Enter your answer in the answer box and then click Check Answer.
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