When Gerardo was born, his grandparents started a savings account for him with a beginning balance of 1,250 Peruvian Sols. Every month they deposited 160 Sols into the account. The savings account paid an annual interest rate of 2.1%, compounded monthly.Gerardo just turned 24 and the balance of his account is now $61,917.43.How much of the money in Gerardo's account was earned in interest?(Round your answer to two decimal places, and don't include a currency sign.)

When Pablo was born, his grandparents started a savings account for him with a beginning balance of $175. Every month they deposited $25 into the account. The savings account paid an annual interest rate of 2.1 percent, compounded monthly.Pablo just turned 24 and the balance of his account is now $9640.99.How much of the money in Pablo's account was earned in interest?(Round your answer to the nearest cent, and don't include the dollar sign.)Group of answer choices9640.99 was gained by interest2265.99 was gained by interest2638.34 was gained by interest7375.00 was gained by interest

Last year, Mauricio had US$30.000 to invest. He invested some of it in an account that paid 5% simple interest per year, and he invested the rest in an account that paid 9% simple interest per year. After one year, he received a total of US$2380 in interest. How much did he invest in each account?

Rafael deposited US$4000 into an account with 2,7% annual interest, compounded annually. Assuming that no withdrawals are made, how much will he have in the account after 10 years?

Juan invests $750 in an account paying 5.2% interest compounded monthly. After 3 years, Juan will have approximatelyGroup of answer choices$990$876.32$1010$950

Trent opened a savings account and deposited $400.00 as principal. The account earns 10% interest, compounded monthly. What is the balance after 3 years?Use the formula A=P1+rnnt, where A is the balance (final amount), P is the principal (starting amount), r is the interest rate expressed as a decimal, n is the number of times per year that the interest is compounded, and t is the time in years.Round your answer to the nearest cent.