All wants to buy a bond that will mature to \( \$ 4500 \) in six years. How much should he pay for the bond now if it earns interest at a rate of \( 3.5 \% \) per year, compounded continuoushy? Do not round any intermediate computations, and round your answer to the nearest cent.

The principal \( P \) is borrowed at simple interest rate \( r \) for a period of time \( t \). Find the loan's future value, \( A \), or the total amount due at time \( t \). \( P=\$ 28,000, r=7.5 \%, t=5 \) years

point(S) possible How much money should be deposited today in an account that earns \( 8 \% \) compounded semiannually so that it will accumulate to \( \$ 9000 \) in three years? i) Click the icon to view some finance formulas.

An account has a rate of \( 4.1 \% \). Find the effective annual yield if the interest is compounded semiannually. (i) Click the icon to view some finance formulas.

Using the interest formula \( A=P(1+r) \), solve for the indicated variable. Solve for \( t \).

Peter puts \( \$ 100.00 \) into an account to use for school expenses. The account earns \( 15 \% \) interest, compounded annually. How much will be in the account after 7 years? Use the formula \( A=P\left(1+\frac{r}{n}\right)^{n t} \), where \( A \) is the balance (final amount), \( P \) is the principal