Question 3 I am struggling can someone help me?

homeowkr questions Q ~ Search in Document Home Insert Design Layout References Mailings Review View o+ Share ~ Calibri (Body) 12 A- A Aa A AaBbCcDdEe AaBbCcDdEe AaBbCcDc AaBbCcDdE AaBb( AaBbCCDdE AaBbCCDdEe AaBbCcDdEe Paste I U abe X2 X2 ALA .= = = =10 . Normal No Spacing Heading 1 Heading 2 Title Subtitle Subtle Emph Emphasis Styles Pane 1.- A-sum of $2000.is invested at simple interest at a.12% annual rate of interest. Find the value. of the investment t-years after it was made. Compute the value after-6 years. 1 2.- A sum of $400.is invested at .5% interest compounded annually. Find the value of the. investment after .10 years. 1 3.- Mary wants to buy a $1000 stereo.set.in.9 months. How much should she invest at.3%. simple interest to have the money then. Solution:.Use formula.A=P(1+rt). 1 91 4.- A store charges.1.25% per month on the unpaid balance for customers with charge. accounts (interest is compounded monthly). A customer charges $200.and does not pay her. bill for 6 months. What is the bill at that time? .9 5.- Tom invests $2500.a year in a mutual fund.for 15 years. If the market value of the fund. increases.5%.per year, what will be the value of the fund after .15 .deposits? Hint: Use. ( 1+ 1 )" - 1 9 6.- Mary wants to invest an amount every 3 months.so that she will have $12,000 in .3 years to. buy a new car. The account pays.2% compounded quarterly. How much should she deposit. each quarter to have $12,000 after 12 deposits? .1 7.- What monthly payment is needed to pay off a loan of $10,000 amortized at 12% compounded monthly for 2 years?.1 8.- Find the present value of an annuity if the withdrawal is to be $500.per month.for .36. months at.4% compounded monthly. ..... 9.- A-bond has a.face amount of $10,000 and matures.in.8 years. .The nominal rate of interest on the-bond is 6.3%. At.what price would the bond yield a true rate of interest of -6.5%?.1 Page 1 of 1 310 words English (United States) E + 137%