Posted by Need Help!!! on Wednesday, April 25, 2012 at 6:12pm.
Suppose Kevin and Jill both deposit $4000 into their personal accounts. If Kevin’s account earns 5% simple interest annually and Jill’s earns 5% interest compounded annually, how much will each account balance show at the end of 5 years? Calculate the difference between each account.

Simple & Compounding Interest  Anonymous, Sunday, April 29, 2012 at 12:26pm
If $640 is invested in an account that earns annual interest of 3.5%, compounded semiannually, what will the account balance be after 4 years? (Round your answer to the nearest cent.)

Simple & Compounding Interest  angela, Monday, June 4, 2012 at 12:49pm
sierra deposits $500 into a new savings account that earns 5% interest compounded annually. if sierra makes an additional deposits or withdrawals, how many years will it take for the amount in her account to double?
Answer This Question
Related Questions
 Simple & Compounding Interest  I am SO STUCK on this problem... PLEASE HELP ...
 Math  Suppose Kevin and Jill both deposit $4000 into their personal accounts. ...
 Math/Algebra  Jeremy opened two saving accounts at the beginning of 2010, each...
 Math/Algebra  Jeremy opened two saving accounts at the beginning of 2010, each...
 math  Sue has a total of $4000 to invest in two accounts. one account earns 2% ...
 Lat math question for some days. Can y'all help?  Huan deposited $850 into a ...
 math  Ben deposits $400 into an account that earns 5% interest compounded ...
 MATH HELP! Complex Interest  Huan deposited $850 into a collegesavings account ...
 math  Huan deposited $850 into a collegesavings account earning 4.8% ...
 Math  Please check my work, thank you If $7,800 is deposited into an account ...
More Related Questions