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Interest Calculations
Page 2
Questions (152)
An investment of $2,000 is earning interest at the rate of 6.2% compounded quarterly over 5 years. Approximately how much
3 answers
asked by
tiffany roberts
838 views
How often do banks calculate interests on accounts with simple interest?
daily weekly monthly yearly yearly?
3 answers
asked by
Anonymous
348 views
Find the amount of periodic payment necessary for the deposit to a sinking fund:
A=50,000 n=semiannually , r=13%, t=15 yrs.
3 answers
asked by
lisa
532 views
A professor wants to supplement her pension with investment interest. If she invests $26,000 at 4% interest, how much more would
1 answer
asked by
tillman
368 views
Caridad borrowed $15,500 at 11% ordinary interest for 120 days. After 70 days, she made a partial payment of $3,000. What is the
2 answers
asked by
Anonymous
831 views
Bob and Joy Salkind want to save $50,000 in 5 ½ years for home improvement projects. If the Bank of Aventura is paying 8%
1 answer
asked by
Trish
405 views
What is the annual percentage yield of a $10,000 investment for 1 year at 12% interest compounded monthly? (Round APY to the
1 answer
asked by
Tee
408 views
Compute the rate for the following loan. Round your answer to the nearest tenth of a percent. Principal $50,000 Rate (%) Time 9
1 answer
asked by
Tee
399 views
What would be the yearly payment on a $100000 loan at 5.5% interest
1 answer
asked by
Lory
377 views
Lucas invests R4million into an account earning interest of 6% per annum compounded monthly.He withdraws an allowance of R30000
1 answer
asked by
Lucas
357 views
what is the interest charge with 10.90% APR (annual percentage rate) on a balance of $7100.00
1 answer
asked by
Frances
356 views
PLEASE HELP.. HERE'S THE QUESTION....
RYAN IS GOING TO INVEST $4000 INTO 2 INVESTMENT OPTIONS. ONE OPTION PAYS 3% AND THE OTHER
3 answers
asked by
BOBBIE
898 views
Kate is thinking about investing $60 000 for 4 years. She deposits her money into an account which earns interest paid
4 answers
asked by
Ajay
646 views
Tasha has a savings account which earn 8% interest. If she has $1400 in her account, how much interest will she earn in one
3 answers
asked by
Ben
372 views
2) Eight months ago, Louise agreed to pay Thelma $750 and $950 six and twelve months, respectively, from the date of the
2 answers
asked by
Nieda
1,004 views
MHS currently has $1,150,000 in cash. How long would it take them to accumulate $2,000,000 in cash? Assume an interest rate of
1 answer
asked by
Barbara
324 views
$36,000 PAYABLE AT THE END OF THE SEVENTH, EIGHT, NINTH, AND TENTH PERIODS AT 12%
1 answer
asked by
KIM
434 views
Initial deposit of $1100.00 on June 1. APR of 2.0%. What is the amount of interest earned on December 31? What is new balance?
1 answer
asked by
Jerome
365 views
Please how do i calculate this problem and enter it in a journal entry: If a company issues 10-year, 8%, $100,000 bonds paying
1 answer
asked by
Peaches
415 views
Jany frost wants to receive yearly payments of 15000 for 10 years. How much must she deposti at her bank today at 11% intrest
3 answers
asked by
Scott Ingraham
926 views
MArta has $6000 to invest. She puts x dollars of this money into a savings account that earns 2% interest per year. With the
4 answers
asked by
trixie
732 views
My daughter brought home a work sheet and I have no clue where to begin to help her and she seems to have no clue either.
the
7 answers
asked by
Veronica
787 views
In Mathematics: how much interest will you have to pay for a credit card balance of $554 that is one month overdue if a 20%
4 answers
asked by
Jenny
1,986 views
Jay discounts a 100-day note for $25,000 at 13%. The effective rate of interest to the nearest
hundredth percent is _______ %. A.
3 answers
asked by
debbie
1,951 views
Jungle Jim owes three debts:
$500 due in one year plus interest at 6% compounded semi-annually, $2000 due in two years, $1000 due
4 answers
asked by
MathHelp
1,845 views
Andrew has a four-year college loan for $20,000. The lender charges a simple interest rate of 5 percent. How much interest will
3 answers
asked by
Anonymous
1,785 views
Find I. Choose the correct answer.
Amount Financed (m) = $1,400 Number of Payments per year (y) = 12 Number of Payments (n) = 24
4 answers
asked by
Anonymous
1,547 views
Henry bought a new dishwasher for $320. He paid $20 down and made 10 monthly payments of $34. What actual yearly interest did
4 answers
asked by
Kate
1,358 views
Roman saves $500 each year in an account earning interest at an annual rate of 4% compounded annually. How much interest will
4 answers
asked by
Amanda
1,281 views
Hamish borrowed $5000 for 3 years. He paid $1650 simple interest. What was the rate of interest per annum?
2 answers
asked by
Fishy
1,047 views
Samantha lent her brother some money at 9% simple interest and her sister one-half as much money at 16% interest. If she
3 answers
asked by
Andrea B
936 views
Plz help me
Sanjay borrowed twice the money browed by alkesh at the same rate of intrest of 12% per anum for 4 years.if alkesh
3 answers
asked by
Simran
912 views
find the adjusted balance due at maturaty for 90 day note of $12,000 at 13.1% ordinary interest if a partial payment of
3 answers
asked by
A
852 views
An investor must invest a total of $15,000 in two accounts, one paying 4% annual interest, and the other 3%. If he wants to earn
2 answers
asked by
Mila
855 views
You visited your local bank. Because of your good credit, they agreed to give you a personal loan, simple interest at a current
1 answer
asked by
Tracy
825 views
I really need your help in solving this problem. I really appreciate your time and efforts. Here is the question:
An amount of
3 answers
asked by
Jay
713 views
Jane agrees to buy a car for a down payment of $4000 and payments of $260 per month for 9 years. If the interest rate is 9% per
2 answers
asked by
Melany
724 views
Karla borrowed $750 at 12 percent for one year. She paid a $20 processing fee.
The interest paid will be $95.00, $92.50, or
1 answer
asked by
Kimmy
706 views
Tom invests $10,000 into two accounts, one paying 2% interest per year and the other paying 5% interest per year. He invested 3
2 answers
asked by
Taylor
672 views
If Mark invests $8000 at 6% simple interest rate, how much money must he invest at an 8% simple interest rate in order for the
3 answers
asked by
devin
677 views
A man invested a sum of N280.00 partly at 59% and partly at 4%. If the total interest is N12.80 per annum, find the amount
2 answers
asked by
sunkanmi
622 views
if the interest rate on a home mortgage is 9%, then each month you pay 0.75% of the unpaid balance in interest. if the unpaid
2 answers
asked by
Rodney
634 views
Suppose that you took out a loan at 7% interest for 192 days. If the amount of interest was $149.33, use the ordinary interest
2 answers
asked by
tota
608 views
Find the difference in the balance between simple interest at 5% and compound interest at 6% when $900 is invested for a period
1 answer
asked by
Hate my life
166 views
John Lee's savings account has a balance of $3427. After 9 months, what will the amount of
interest be at 4.6% per year?
3 answers
asked by
chandice
584 views
Paul borrows $600 at an interest rate of 8% per years for 4 years. How much interest will he have to pay?
4 answers
asked by
Tina
560 views
Joyce took out a loan for $21,900 at 12 percent on March 18, 2007, which will be due on January 9, 2008. Using ordinary
3 answers
asked by
tony
567 views
A car dealer carries out the following calculations. What is the annual percentage rate? (Round your answer to the nearest
2 answers
asked by
Reggie
532 views
John Receive a 10,000 loan, with an interest rate of 6 %, for 6 years.
What is the total amount of interest paid to the bank?
3 answers
asked by
Anonymous
515 views
in 2000, Sam opened an account paying 5.2% annual interest. Has his money doubled yet? if so, when did it. If not when will it?
2 answers
asked by
md
503 views
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