Questions LLC
Login
or
Sign Up
Ask a New Question
Questions
Mathematics
juan had $3000 in his savings account. a year later, he had $4000 because interest accured on his savings. find the percent increase.
1 answer
4000 - 3000 = 1000 (increase)
%increase = (1000/3000)*100 = 33.33%
You can
ask a new question
or
answer this question
.
Similar Questions
Dee invested $3000 in a savings account that earns 6.5% interest, compounded continuously. After 4 years, he wants to buy a used
Top answer:
We can use the formula for continuous compounding to find the balance in Dee's savings account after
Read more.
if you put $4000 in savings account that pays interest rate of 4%, compounded annually, how much will you have in 5 years? How
Top answer:
1. If you put $4000 in savings account that pays interest rate of 4%, compounded annually, how much
Read more.
A bank offers a 4% annual interest rate for a savings account. Juan puts $5,000 into an account to save for college. How much
Top answer:
5000 * 1.04 = ____
Read more.
Lisa deposits $3000 in an account that pays 2% simple interest, and $4000 in a second account which has a higher interest rate
Top answer:
just set up the inequality. If the other account has x interest, then 3000(.02) + 4000(x) >= 700 60
Read more.
After 5 years, how much INTEREST will Kevin earn in interest from his savings account?
Given the fact: Kevin deposits $175 each
Top answer:
175 * 0.035 = 6.13 int. yr 1 so now 181.13 181.13 + 175 = 356.13 * 0.035 = 12.46 int. yr 2 etc,
Read more.
On each December 31, you plan to transfer $2,000 from your checking account into a savings account.The savings account will earn
Top answer:
Requirement 1: To record the initial deposit of $2,000 from the checking account into the savings
Read more.
At the beginning of the year 2000, Bob put $100 in a savings account. The bank pays Bob 5% interest on his total savings at the
Top answer:
P = Po(1+r)^n P = 100(1+0.05)^5 P = 100(1.05)^5 = $127.63.
Read more.
Bonnie deposits $70.00 into a new savings account. • The account earns 4.5% simple interest per year. • No money is added or
Top answer:
After the first year, Bonnie will have earned 4.5% of $70.00, which is $3.15 in interest. So, her
Read more.
Bekkah's savings account earns 2.75% interest per year.
If she put $12,500 into the savings account, how much interest would be
Top answer:
To find the interest earned in a year, multiply the principal amount ($12,500) by the interest rate
Read more.
Samuel earns 0.2% interest each year on his savings account. If he has $3500 in his savings account for a year, how much
Top answer:
0.002 * 3500 = 7 3500+7 = $3507
Read more.
Related Questions
You deposit $3000 each year into an account earning 7% interest compounded annually. How much will you have in the account in 35
Suppose that Saleem has money in a savings account that pays him interest of 5% per year on the account balance. Now, Saleem
a woman puts $580 into a savings account for one year. the rate of interest on the account was 6 1/2%. How much interest for the
1) Carmen borrowed $1,200 for three months at 10.5% interest. How much interest did she pay for the loan?
2)Zack deposited $1,200
chris put $1,500 in a savings account at an annual interest rate of 5%. If chris does not deposit or withdraw any money, what is
suppose you deposit $3000 in a savings account that pays interest in a a rate of 4%. if no money is added or withdrawn from the
Kerry Stutsman has $500 in a saving account earning .45% interest. She is considering buying a 1-year certificate of deposit
Suppose that $17,000 is invested in a savings account paying 5.1% interest per year.
(a) Write the formula for the amount A in
Serena has 500 dollars in a savings account that pays 4% simple interest per year. If she does not deposit or withdraw from this
Bermie deposited $ 4000 into an account that pays 45/a compounded quarterly during the first year. The interest rate on this