Question: can you help me with MAT 143 WHICH FORMULA SHOULD I USE? I=PrtP=(1+nr)ntAA=P(1+rt)Y=(1+nr)n1 A=P(1+nr)nt A=nrP[(1+nr)nt1] A=Pert PMT=[1(1+nr)nt]P(nr)P=[(1+nr)nt1]A(nr) A=P(1+rt) Y=(1+nr)n1 A=P(1+nr)nt A=nrP[(1+nr)nt1] A=Pert PMT=[1(1+nr)nt]P(nr)P=[(1+nr)nt1]A(nr) Example Problem

can you help me with

can you help me with MAT 143 WHICH FORMULA SHOULD I USE?

I=PrtP=(1+nr)ntAA=P(1+rt)Y=(1+nr)n1 A=P(1+nr)nt A=nrP[(1+nr)nt1] A=Pert PMT=[1(1+nr)nt]P(nr)P=[(1+nr)nt1]A(nr) A=P(1+rt) Y=(1+nr)n1 A=P(1+nr)nt A=nrP[(1+nr)nt1] A=Pert PMT=[1(1+nr)nt]P(nr)P=[(1+nr)nt1]A(nr) Example

Problem A sum of $10,000 is invested at an annual rate of

8%. Find the balance in the account after five years subject to

quarterly compounding. Which formula should you use: A=P(1+nr)ntA=10000(1+4.08)4(5)A=$14,859.47 below should be worked

out using the same format. State which formula you will need show

how you plug the values into the formula, and the write out

your final answer (rol two decimal places). 1. How much money should

be deposited today in an account that earns 5% compounded quarterly so

that it will accumulate to $75,000 in 35 years for retirement? Which

MAT 143 WHICH FORMULA SHOULD I USE? I=PrtP=(1+nr)ntAA=P(1+rt)Y=(1+nr)n1 A=P(1+nr)nt A=nrP[(1+nr)nt1] A=Pert PMT=[1(1+nr)nt]P(nr)P=[(1+nr)nt1]A(nr) A=P(1+rt) Y=(1+nr)n1 A=P(1+nr)nt A=nrP[(1+nr)nt1] A=Pert PMT=[1(1+nr)nt]P(nr)P=[(1+nr)nt1]A(nr) Example Problem A sum of $10,000 is invested at an annual rate of 8%. Find the balance in the account after five years subject to quarterly compounding. Which formula should you use: A=P(1+nr)ntA=10000(1+4.08)4(5)A=$14,859.47 below should be worked out using the same format. State which formula you will need show how you plug the values into the formula, and the write out your final answer (rol two decimal places). 1. How much money should be deposited today in an account that earns 5% compounded quarterly so that it will accumulate to $75,000 in 35 years for retirement? Which formula should you use: Plug in the values for the formula: Final Answer (Round two decimal places): 2. In order to pay for tuition and books, a college student borrows $3500 for four months at 10.5% interest. A) How much interest must the student pay? Which formula should you use: 2. In order to pay for tuition and books, a college student borrows $3500 for four months at 10.5% interest. A) How much interest must the student pay? Which formula should you use: Plig in the values for the formula: Final Answer (Round two decimal places): 4. Suppose that you borrow $10,000 for four years at 6% toward the purchase of a car. Find the monthly payments. Which formula should you use: Plug in the values for the formula: Final Answer (Round two decimat places): 5. To save for retirement, you decide to deposit $100 at the end of each month in an IRA that pays 5.5% compounded monthly. How much will you have from the IRA after 30 years? Which formula should you use: Plug in the values for the formula: 5. To save for retirement, you decide to deposit $100 at the end of each month in an IRA that pays 5.5% compounded monthly. How much will you have from the IRA after 30 years? Which formula should you use: Plig in the values for the formula: Final Answer (Round two decimal places): B) Find the future value of the loan Which formula should you use: Plug in the values for the formula: Final Answer (Round two decimal places): 3. What is the effective annual yield, to the nearest hundredth of a percent, of an account paying 5.5% compounded quarterly? Which formula should you use: Plug in the values for the formula: Final Answer (Round two decimal places): 6. You deposit $6500 in a savings account that has a rate of 4%. The interest is compounded semiannually. How much money will you have after 6 years? Which formula should you use: Plug in the values for the formula: Final Answer (Round two decimal places): 7. Find the accumulated value of an investment of $10,00 for 4 years at an interest rate of 5.7% if the money is compounded continuously. Which formula should you use: 7. Find the accumulated value of an investment of $10,000 for 4 years at an interest rate of 5.7% if the money is compounded continuously. Which formula should you use Plue in the values for the formula Final Answe (Round two decimal places). 8. How much should you deposit at the end of each month into an IRA that pays 6.5% compounded monthly to have $500,000 when you retire in 30 years? Which formula should you use: Pligg in the values for the formula: Final Answer (Round two decimal places)

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