Thursday

December 18, 2014

December 18, 2014

Posted by **Help** on Tuesday, April 19, 2011 at 9:39am.

a. simple interest is compound monthly?

b. interest is compounded monthly?

c. interest is compounded daily?

- Compound math -
**Tim**, Friday, July 27, 2012 at 7:46pmP*(1+i)* Exponent which is time invested

$8000x(1+.o62)30

$8000 x ((1 + .062)^30) = $48,621.1794 U.S. dollars

- Compound math -
**paul**, Wednesday, November 7, 2012 at 5:05pm$24,000 is invested for 5 years with APR of 2% in daily compounding.What is the balance in account after 5 years?

**Answer this Question**

**Related Questions**

math - Samantha opened a savings account and deposited some money into the ...

pre-algebra - You split $1500 between two savings accounts. Account A pays ...

math - how much money would have to be invested in an account at 3.98% annual ...

Algebra 1 - You have $6000 to invest in two stock funds. The first fund pays 5% ...

math - Rob has a balance of 1695$ in his bank account The account pays 2.9% ...

Math Personal Finance - Assume we invest $2000 for one year in a savings account...

math - If you put $ 6,000 in a savings account that pays interest at the rate of...

math - Suppose that you deposit $1735.50 in a savings account that pays 9.25% ...

Help math calc - Find the future value of $700 deposited at 3% for 9 years if ...

Math - If you deposit P dollars into a bank account paying an annual interest ...