Wednesday

August 20, 2014

August 20, 2014

Posted by **Trish** on Thursday, July 4, 2013 at 9:23am.

- contemporary math -
**Ms. Sue**, Thursday, July 4, 2013 at 1:52pm - contemporary 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

- contemporary math -
**Anonymous**, Saturday, October 5, 2013 at 8:57amJulius deposited his money in a money market account paying 1.05% compounded monthly. How much total money will Juliushave after 5 years?

**Related Questions**

Business Math - Quinn and Julius inherited $50,000 each from their great-...

Math - Quinn and Julius inherited $50,000 each from their great-grandmother’s ...

Math - Please check my work, thank you If $7,800 is deposited into an account ...

Math - Betsy, a recent retiree, requires $6,000 per year in extra income. She ...

algebra - A total of $12,000 is invested in two funds paying 9% and 11% simple ...

math - If $3,000.00 is deposited into an account paying 3% interest compounded ...

math - If $3,000.00 is deposited into an account paying 3% interest compounded ...

Math - If $3,000.00 is deposited into an account paying 3% interest compounded ...

math - If $3,000.00 is deposited into an account paying 4% interest compounded ...

Math 115 - If $9,000.00 is deposited into an account paying 4% interest ...