Saturday
September 20, 2014

Homework Help: finance

Posted by kay on Sunday, May 1, 2011 at 9:36pm.

If you invested $1000 today at a rate of 5% for five years, and periodically you withdrew the interest earned, what type of interest is calculated for during the term of the investment?

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

Finance - Find the future value of $10,000 invested now after five years if the ...
Math - Larry has an annual return of $213.00 from $3000.00 invested at simple ...
Finance - Your Uncle has two alternative inheritence for you. A. You receive ...
Math - A=P(1+r)^2 A= interest P= principle interest r= interest rate t= time in ...
Math - Your Aunt will give your $1,ooo if you invest it for 10 years in an ...
math - you invested $4000 in two accounts paying 2% and 9% annual interest, ...
Adv. Math - Ok my last question for this Interest stuff Woo! Ok this is the ...
algebra - Abbi invested $1,200 in a certificate of deposit with a simple ...
math check my answer thanks - who had the higher rate of interest someone who ...
math - abbi invested 1,500 dollars in a certificate of deposit with a simple ...

Search
Members