Homework Help: math

Posted by Emily on Wednesday, January 26, 2011 at 3:16pm.

On July 1, 1996, Anna invested $2000 in an account that earned 6%/a compounded monthly. On July 1, 2001, she moved the total amount to a new account that paid 8%/a compounded quarterly. Determine the balance in her new account on January 1, 2008.

No one has answered this question yet.

Answer this Question

Related Questions

Math - On July 1, 1996, Anna invested $2000 in an account that earned 6%/a ...
math - Suppose that $200 was deposited on 1st Jan 2000 into an account that ...
accounting - Question 2.) Hawkeye Electric Company engaged in the following ...
Accounting - Julie Molony opened Julie's Maids Cleaning Service on July 1, ...
algebra - $7,000 is invested into two accounts: 4,000 into an account paying 5% ...
Math - A person invests a total of 22,00 in 2 accounts. 1 investment earned 7% ...
Business Maths - Leeann Company sold merchandise on credit to Janelle Company ...
mat/116 - Please help me slove this question. An investor invested a total of $3...
Math - Find the amount in an account if $2000 is invested at 6.125%, compounded ...
algebra - an investor invested a total of 1,600 in 2 mutual funds.One fund ...

For Further Reading

First Name:
School Subject:
Answer: