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Compound Interest
Page 9
Questions (2,335)
you put 5,000 in an account that is compounded quarterly. the annual interest rate ,r, is 4%. how much will be in the account
3 answers
asked by
Josh
1,341 views
If the inflation rate averages, 3% per year compounded annually for the next 5 years, what will the car currently selling for
3 answers
asked by
Homework Help
764 views
a plot of land is bought for $40000 and is appreciated by 7% each year what is the value of the land after a period of two years
3 answers
asked by
nefe
485 views
Sara has $2,500,000 and can earn 12.50 percent per year. If Sara plans on retiring when she has tripled her money, she can
3 answers
asked by
Edith
704 views
at what rate converted every 3 months will a sum of money triple itself in 18 years and 6 months.
4 answers
asked by
gilbert
1,182 views
How much money would a person need to deposit today at 9% annual interest compounded monthly to have 12000. in the account after
4 answers
asked by
Gail
2,221 views
Palesa buys a house for R850 000 she sells the house six years later for R1,2 million calculate a compound interest rate that
3 answers
asked by
Lesedi
447 views
Fiona invested $1000 at 8% compounded continuously. At the same time Maria invested $1100 at 8% compounded daily. How long will
3 answers
asked by
Kendall
1,838 views
RM65000 will be invested for 6 years 9 months. if the investment will be offered 5% compounded semi annualy for the first 2
4 answers
asked by
fizz
1,286 views
If you put away $1000 when you are 21, and you earn 10% per year every year, what will that $1000 have grown to by the time you
3 answers
asked by
Anonymous
544 views
on january 1,1999,the price of gasoline was$1.39 per gallon .if the price of gasoline increased by 0.5%per month ,what was the
3 answers
asked by
harpreet
1,268 views
Ben deposits $5000 now into an account that earns 7.5 percent interest compounded annually. He then deposits $1000 per year at
4 answers
asked by
manny
1,298 views
how many years will it take for $4,000 to double at a simple intrest of 5%
4 answers
asked by
josiah
671 views
Approximately how long will it take an investment of $300 to triple, if the interest rate is 3.5% per year compounded
4 answers
asked by
Leyla
2,282 views
How long (in years) will it take your money to triple at an annual percentage rate of 5% compounded annually? Use logarithms to
3 answers
asked by
laurin
869 views
Suppose you deposit $1500 in a savings account that pays interest at an annual rate of 6%. No money is added or withdrawn from
3 answers
asked by
Chocolate
1,424 views
100,000 for 20 years compounded at 4 percent annually results in a rate per period of
3 answers
asked by
Anonymous
958 views
I would like my investment to double in value every 3 years. At what rate of interest would I need to invest it, assuming the
3 answers
asked by
Brianna
795 views
Using the following values, calculate the amount accumulated (future value):
Initial Principal = $9000 Interest Rate = 8% Number
6 answers
asked by
mike...
689 views
How many years will it take for $12,000 to grow to $15,000 at 5.75% compounded monthly?
3 answers
asked by
Ericka
476 views
If $13,000 is deposited in a bank account paying 6% compounded quarterly, what amount will be in the account after 8 years? How
3 answers
asked by
samantha
659 views
How long does it take for a deposit of $1400 to double at 10% compounded continuously?
3 answers
asked by
samantha
1,277 views
shley is planning to attend college when she graduates from high school 7 years from now. She anticipates that she will need
4 answers
asked by
John
1,478 views
You deposit $500 in an account that pays 3% annual interest. Find the balance after 2 years if the interst is compounded with
4 answers
asked by
Kayla
3,288 views
suppose the population of a town increases by 3% each year. the population of the town today is 25,000. use compound interest
6 answers
asked by
Corleone
2,198 views
A wealthy donor endows a chaired professorship. If the interest rate is 8% how much must he set aside to provide the following
2 answers
asked by
Joe
716 views
It takes 10 years for a $100 monthly bank deposit to amount to $15,528.23 when invested at 5% interest compounded monthly. Round
5 answers
asked anonymously
211 views
It takes 10 years for a $100 monthly bank deposit to amount to $15,528.23 when invested at 5% interest compounded monthly. Round
5 answers
asked by
that one dumb kid
89 views
Suppose you deposit $5,000 in savings account that earns 3% annual interest. If you make no other withdrawals or deposits, how
3 answers
asked by
Iwannaknow
168 views
Dee invested $3000 in a savings account that earns 6.5% interest, compounded continuously. After 4 years, he wants to buy a used
3 answers
asked by
Michael
123 views
A small business owner contributes $3000 at the end of each quarter to a retirement account that earns 8% compounded quarterly.
H
3 answers
asked by
zulfa
134 views
The manager of a money-market fund has invested $4.2 million in certificates of deposit that pay interest at
the rate of 5.4% per
3 answers
asked by
Anonymous
115 views
Jenny invests $2,000 at an interest rate of 5%. The amount of money, mc007-1.jpg, in Jenny’s account after t years can be
3 answers
asked by
ddddd
603 views
Chris invests $12,000 in an account. The interest is compounded monthly at an annual rate of 11.6%. The ending account balance
2 answers
asked by
Bee
288 views
Find the compound interest on 650 in 5years at 4% per anum . Calculate using alternative method
6 answers
asked by
Oluomachi
261 views
Find the final amount of money in an account if
$ 6 , 300 is deposited at 2.5 % interest compounded quarterly (every 3 months)
3 answers
asked by
Jolie
574 views
Find the final amount of money in an account if
$8200 is deposited at 7% interest compounded quarterly (every 3 months) and the
1 answer
asked by
aly
456 views
The owner of Oak Hill Squirrel Farm deposits $1,000 at the end of each quarter into an account paying 1.5% compounded quarterly.
4 answers
asked by
Darlene
522 views
A man placed $11500 in a fixed deposit for 5 years at 8% per annum. Calculate the total amount received at the end of the period
4 answers
asked by
Rashi
257 views
Suppose that you invest 3000 at 6% interest compounded quarterly for 5 years
1 answer
asked by
Anonymous
424 views
Suppose your friends parents invest $25,000 in an account paying 7% compounded annually, what will be the balance after 6 years?
3 answers
asked by
Liz
634 views
You deposit $5000 each year into an account earning 7% interest compounded annually. How much will you have in the account in 30
4 answers
asked by
Enza D'Assaro
1,518 views
A woman borrows £180,000 from a bank at 10% per annum compound interest. She repays 50,000 at the end of each year. How much
3 answers
asked by
Dara
381 views
hannah invested $4000.How much money will she have in 15 years if the interest rate of 6% is being compounded continuously?
2 answers
asked by
kaydon
672 views
Find the least amount that could be deposited in a bank account today at 5% compounded quarterly to allow $650 withdrawals at
3 answers
asked by
tracy echols
1,240 views
At the end of every year for three years, RM 1,000 is invested in a account that offers 8% compounded annually. Find the account
3 answers
asked by
chun
517 views
An investment account earns 4% per year compounded annually. If the initial investment was $4,000.00, how much is in the account
4 answers
asked by
doge master
1,091 views
Use the formula for continuous compounding to compute the balance in the account after 1, 5, and 20 years. Also, find the
2 answers
asked by
Michael
669 views
Martina made deposits of $2,000 at the beginning of each year for four years. The rate she earn is 5% annually. What's the value
3 answers
asked by
Diana
1,467 views
A firm of attorneys deposits $15,000 of profit
sharing money every six months in an account at 3% compounded semiannually for 7
1 answer
asked by
Cat
420 views
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