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Compound Interest
Page 3
Questions (2,336)
Suppose that Jose burrows at an interest rate of 17% compounded each year assume that no payments are made on the loan find the
2 answers
asked anonymously
91 views
Suppose Jose borrows $4,000 at an interest rate of 17% compounded each year assume that no payments are made on the loan find
2 answers
asked anonymously
93 views
Suppose that $3,000 is placed in an account that pays 8% interest compounded each year assume that no withdrawals are made from
2 answers
asked anonymously
123 views
Suppose that $3,000 is placed in an account that pays 8% interest compounded each year assume that no withdrawals are made from
2 answers
asked anonymously
117 views
Supposed Susan places $9,000 in an account that pays 12% interest compounded each year assume that no withdrawals are made from
2 answers
asked anonymously
111 views
Supposed Susan places $9,000 in an account that pays 12% interest compounded each year assume that no withdrawals are made from
2 answers
asked anonymously
120 views
1)Jennifer invests $800 at 5.75%/a. What is the interest earned in 10 months?
(remember "time" must be converted to years and
2 answers
asked anonymously
84 views
Bongiwe invested a certain amount into a savings account at 6,5% compound
interest per annum. If the final amount is R15 300
2 answers
asked anonymously
189 views
You borrowed $10,400 for 4 years at 12.7% and the interest is compounded semiannually. What is the total you will pay back?
19 answers
asked by
KEVIN
112 views
Austin invested
$4600 in an account that pays an annual interest rate of 3.8% , compounded daily. Assume there are 365 days in
2 answers
asked by
Kevin
123 views
#10000 invested for 3 years at r% per annum compound interest amount to #17280. Find r
2 answers
asked by
Ayomide
64 views
Gordon Freeman wants to have $32,000 in 5 years in order to purchase a new car.
(a) How much should he deposit today in an
2 answers
asked anonymously
163 views
Gordon Freeman wants to have $32,000 in 5 years in order to purchase a new car.
(a) How much should he deposit today in an
2 answers
asked anonymously
184 views
Bongiwe invests R12 000 in a savings account at 6.5% per annum compound interest. Calculate how much there will be in a savings
2 answers
asked by
Learato
100 views
Skylar takes out a loan of £720. The loan gathers compound interest of 4% per month. How much does she owe after 2 years?
4 answers
asked by
Amadine
95 views
Xavier takes out a loan of £940 the loan gathers compound intrest of 3% per month. After 2 years how much will he owe after 2
11 answers
asked by
lilly
77 views
Use the compound interest formula to compute the total amount accumulated and the interest earned.
$3000 for 3 years at
2 answers
asked anonymously
103 views
Paula borrowed $5000 from her brother Mario. She agreed to repay the money at the end of 5 years, giving Mario the same amount
2 answers
asked anonymously
113 views
If 8000 dollars is invested in a bank account at an interest rate of 10 per cent per year, find the amount in the bank after 11
4 answers
asked by
Brit
3,357 views
You deposit $9000 in a savings account that earns 3.6% annual interest compounded monthly. You also save $40 per month in a safe
6 answers
asked by
Anonymous
3,212 views
Angela invests $2,550 at 3% interest compounded annually. What will be the balance in the account after 1.5 years?
A. $2,626.50
1 answer
asked by
addreian
71 views
If Jackson deposited $400 at the end of each month in the saving account earing interest at the rate of 6%/year compounded
1 answer
asked by
Tman
85 views
Calculate the final amount earned on a 2500 investment at a rate of 3% compound interest per year for half a year.
1 answer
asked anonymously
71 views
Suppose that an investment pf 8000 earns interest at a rate of 15% compounded per year. How much interest will the investment
1 answer
asked anonymously
75 views
Mr Sooto makes an initial investment of 10000 for a period of 5years. Find the value of the investment after the 5 years, if the
3 answers
asked by
Tobhi
102 views
A bank features a savings account that has an annual percentage rate of
r = 4.2 % with interest compounded quarterly. Connor
2 answers
asked anonymously
97 views
How much must you deposit now on January 12017 to have a balance of br 10000 on December 31 2025 ? Interest is compounded at 8 %
4 answers
asked by
Amenu
42 views
Gilberto opened a savings account for his daughter and deposited $700 on the day she was born. Each year on her birthday,
4 answers
asked by
bob
132 views
Victore French mad a deposit of 5000 at the end of ech quarter to book bank, which pays 8% intrest compounded quarterly. After 3
6 answers
asked by
Scott Ingraham
2,897 views
Calculate the length of time for 800,000 naira to earn 15,000 naira if invested at 10 per annun
4 answers
asked by
Jennifer
492 views
If $1,000.00 is deposited into an account paying 3% interest compounded annually (at the end of each year), how much money is in
3 answers
asked by
Mickey
559 views
You can deposit 10,000 into an account paying 9% annual interest either today or exactly 10 years from today. How much better
4 answers
asked by
Sky
3,404 views
Two partners agree to invest equal amounts in their business. One will contribute $10,000 immediately. The other plans to
6 answers
asked by
bob
682 views
Which phrase BEST describes the concept of compound interest?
-interest on interest -cash from passive income -investments that
1 answer
asked by
Helloooo
99 views
Ay-Jiuan deposits $700 into a savings account that pays %2 interest compounded annually. If Ay-Jiuan does not make any deposits
1 answer
asked by
Lila England
96 views
Ay-Jiuan deposits $700 into a savings account that pays %2 interest compounded annually. If Ay-Jiuan does not make any deposits
3 answers
asked by
Lila England
111 views
Zack deposited $1,200 in a savings account that paid 7.75%
interest compounded yearly. What was the balance in his account at the
1 answer
asked by
t
77 views
Tim deposited $1,400 in a savings account that paid 7.5%
interest compounded yearly. What was the balance in his account at the
1 answer
asked by
t
82 views
Clem deposited $5,000 in a savings account which pays 6.50/o
interest, compounded quarterly. What was his balance at the
1 answer
asked by
t
104 views
Clem deposited $5,000 in a savings account which pays 6.50/o
interest, compounded quarterly. What was his balance at the
1 answer
asked by
t
81 views
Jamal deposited $4,000 in a savings account at a rate of 6.75%
compounded quarterly. How much was in his account after six
1 answer
asked by
t
75 views
Jill deposited $2,500 in a savings account at a rate of 7.75%,
compounded monthly. How much was in her account after three
1 answer
asked by
t
74 views
Olga deposited $1,500 in a savings account that pays 7.5% interest,
compounded quarterly. What is the balance in her account at
1 answer
asked by
t
106 views
What is the effective rate of 15% if it is compounded monthly
4 answers
asked by
Mary
52 views
Forrest deposited $1,000 in a savings account that pays 5.5% interest,
compounded monthly. What was his balance at the end of the
1 answer
asked by
t
109 views
Hiro has $2,270 in a savings account which earns 5.5% interest, compounded quarterly. Find the amount in his account after the
1 answer
asked by
just living :>
79 views
A gift of $9000 to a city grew to $4,000,000 in 200 years. At what interest rate compounded annually would this
4 answers
asked by
bob
81 views
Find the compound amount and the amount of interest earned by the following deposit.
$9,000 at 7.57% compounded
1 answer
asked by
bob
72 views
A man deposits $15,000 at the beginning of each year for 15 years in an account paying 4% compounded annually. He then
1 answer
asked by
bob
75 views
Jerry invested $2500 into an account with a 1.5% annual interest rate. Assuming that Jerry did not make any deposits or
1 answer
asked by
Bookworm
143 views
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