Given a nominal interest rate of 1.5% compounded quarterly, determine the starting principal required to produce...
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Given a nominal interest rate of 1.5% compounded quarterly, determine the starting principal required to produce an accumulated amount of $10000 after 8 years. Round your answer to the nearest dollar. Question 6 Tries remaining: 5 Marked out of 1.00 Flag question Check Starting Principal = $ Question 7 Tries remaining: 5 Marked out of Given an interest rate of 4.0% compounded continuously and starting principal of $5000, determine the number of years to acquire an accumulated amount of $11000. Round your answer up to the nearest year. 1.00 Flag question Check years Given a starting principal of $20000, and a nominal interest rate of 2.0% compounded monthly, determine the accumulated amount after a term of 6 years. Round your answer to the nearest dollar. Question 8 Tries remaining: 5 Marked out of 1.00 Check Flag question Accumulated Amount = $ Question 9 Tries remaining: 5 Marked out of 1.00 Flag question A starting principal of $8000 continuously compounds for 14 years, resulting in an acquired amount of $10000. Find the interest rate that produced this amount. Answer as a percentage rounded to two decimal places. Check % Question 10 Tries remaining: 5 Marked out of 1.00 Flag question Given a nominal interest rate of 4.0% compounded daily (ie: compounded on each calendar day), determine the starting principal required to produce an accumulated amount of $25000 after a term of 8 years. Round your answer to the nearest dollar. Starting Principal = $ Check Given a nominal interest rate of 1.5% compounded quarterly, determine the starting principal required to produce an accumulated amount of $10000 after 8 years. Round your answer to the nearest dollar. Question 6 Tries remaining: 5 Marked out of 1.00 Flag question Check Starting Principal = $ Question 7 Tries remaining: 5 Marked out of Given an interest rate of 4.0% compounded continuously and starting principal of $5000, determine the number of years to acquire an accumulated amount of $11000. Round your answer up to the nearest year. 1.00 Flag question Check years Given a starting principal of $20000, and a nominal interest rate of 2.0% compounded monthly, determine the accumulated amount after a term of 6 years. Round your answer to the nearest dollar. Question 8 Tries remaining: 5 Marked out of 1.00 Check Flag question Accumulated Amount = $ Question 9 Tries remaining: 5 Marked out of 1.00 Flag question A starting principal of $8000 continuously compounds for 14 years, resulting in an acquired amount of $10000. Find the interest rate that produced this amount. Answer as a percentage rounded to two decimal places. Check % Question 10 Tries remaining: 5 Marked out of 1.00 Flag question Given a nominal interest rate of 4.0% compounded daily (ie: compounded on each calendar day), determine the starting principal required to produce an accumulated amount of $25000 after a term of 8 years. Round your answer to the nearest dollar. Starting Principal = $ Check
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