Friday

October 24, 2014

October 24, 2014

Posted by **Dave** on Sunday, January 27, 2013 at 8:12pm.

- MATH HELP -
**Damon**, Sunday, January 27, 2013 at 8:16pmEnough already. By now if you are paying any attention you should be able to post at least an attempt at an answer.

- MATH HELP -
**Damon**, Sunday, January 27, 2013 at 8:19pmrate is .054 /4

number of periods = 4*8 = 32

- MATH HELP -
**Dave**, Sunday, January 27, 2013 at 8:24pmI did that and it said it was wrong I need the amount after 8 years how do I do that

- MATH HELP -
**Damon**, Sunday, January 27, 2013 at 8:43pm.054/4 = .0135

that is your quarterly rate so every 3 months multiply by

1.0135

1.0135^32 = 1.53589

so multiply 2,000 by that. 3071.78

**Answer this Question**

**Related Questions**

MATH PLESE - A $2,000 deposit at an APR of 5.4% with quarterly compounding for 8...

I don't understand how you did it help - A $4000 deposit at an APR of 5.6% with ...

Help on my math question - A $2,000 deposit at an APR of 5.4% with quarterly ...

Math - If I had a 4,0000 deposit at an apr of 5.6% with quarterly compounding, ...

math - Suppose you start saving today for a $30,000 down payment that you plan ...

Finance - You have just placed $1,500 in a bank savings deposit and plan to hold...

MATH I NEED HELP - $24,000 is invested for 3 years with an APR of 2% and daily ...

I NEED MATH HELP - $24,000 is invested for 3 years with an APR of 2% and daily ...

Accounting - Calculate the future value of the following: o $5,000 compounded ...

math - if you want to save $60000 in 7 years with APR 4% daily compounding and ...