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September 1, 2014

September 1, 2014

Posted by **Anonymous** on Wednesday, July 3, 2013 at 11:45pm.

- math -
**Bosnian**, Wednesday, July 3, 2013 at 11:52pm( 16 * 12 ) / ( 4 * 8 ) = 192 / 32 = 6

- math -
**Anonymous**, Thursday, July 4, 2013 at 12:08amuinn and Julius inherited $50,000 each from their great-grandmother’s estate. Quinn invested her money in a 5-year CD paying 1.6% interest compounded semiannually. Julius deposited his money in a money market account paying 1.05% compounded monthly. How much total money will Quinn have after 5 years

- math -
**Tee**, Saturday, July 6, 2013 at 6:40pmInitial amount=$50000 rate=0.016 Number of years=5 Amount after 5 years compounded semiannually= 50000(1+0.016/2)^5*2 =50000(1.08)^10 [ =50000*2.16 =108000 Amount after 5 years compounded semiannually=$108000

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