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Find the principal in Donna's account at the end of the second quarter if she invested $300 at 7% and the interest is compounded quarterly
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what is 300(1.0175)^2 ?
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Ray Sugar's account
Principal: $1,700 Rate: 9.5% compound Length of period: quarter Third quarter's interest: _________
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Subtract the balance after 2 quarters from the balance after 3 quarters: 1700(1+.095/4)^3 -
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Jody invested $4800 less in an account paying 5% simple interest than she did in an account paying 2% simple interest. At the
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just add up the interest: (x-4800)*.05 + x*.02 = 551 Now solve for x (and x-4800)
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4. At the end of every year for 3 years, RM1000 will be invested in an account that offers 8% compounded annualy.Find the
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for annual deposits, just work it out. At the end of year 1: 1000 2: 1000*1.08 + 1000 3: 1000*1.08^2
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At the end of every year for three years, RM 1,000 is invested in a account that offers 8% compounded annually. Find the account
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end of first year: 1080 end of second year=2080*1.08 end of third year=(2080*1.08 +1000)1.08
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At the end of every year for 3 years, RM1000 will be invested in an account that offers 8% compounded annualy.Find the account
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what you have done is calculate the first year's growth. Now you have to add the 2nd year:
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Your Aunt will give your $1,ooo if you invest it for 10 years in an account that pays 20% interest compounded annually. That is,
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I don't get it
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Your Aunt will give your $1,ooo if you invest it for 10 years in an account that pays 20% interest compounded annually. That is,
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To summarize the answer to your question: If you invest $1,000 for 10 years in an account that pays
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An initial investment of $12,000 is invested for 2 years in an account that earns 4% interest compounded quarterly. Find the
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Well, when it comes to money, I'm no mathematician, but I can definitely give it a shot. Let's break
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Donna deposited some money into an account paying 8% per annum compund quartely. When she goes into the back 3 years later she
Suppose a young couple deposits $1000 at the end of each quarter in an account that earns 7.6%, compounded quarterly, for a
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The total amount in the account after 27 years would be $90,945.45.
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