Monday

April 27, 2015

April 27, 2015

Number of results: 32,057

**ALGEBRA**

If $450 is invested in an account that earns annual interest of 3.5%, compounded semiannually, what will the account balance be after 15 years? (Round your answer to the nearest cent.)
*November 26, 2011 by Daniel*

**ALGEBRA**

If $835 is invested in an account that earns annual interest of 4.5%, compounded semiannually, what will the account balance be after 13 years? (Round your answer to the nearest cent.)
*April 29, 2012 by Mike*

**ALGEBRA**

If $835 is invested in an account that earns annual interest of 4.5%, compounded semiannually, what will the account balance be after 13 years? (Round your answer to the nearest cent.)
*April 29, 2012 by Mike*

**ALGEBRA**

If $835 is invested in an account that earns annual interest of 4.5%, compounded semiannually, what will the account balance be after 13 years? (Round your answer to the nearest cent.)
*May 19, 2012 by Monic*

**Algebra**

If $625 is invested in an account that earns annual interest of 5.5%, compounded semiannually, what will the account balance be after 8 years? (Round your answer to the nearest cent.)
*May 28, 2012 by Diane*

**math**

If $425 is invested in an account that earns annual interest of 7.5%, compounded semiannually, what will the account balance be after 11 years? (Round your answer to the nearest cent.) $ 1
*August 20, 2012 by Anonymous*

**Math**

The McKeegan Corporation has two different bonds currently outstanding. Bond M has a face value of $29,500 and matures in 24 years. The bond makes no payments for the first 7 years, then pays $2,100 every six months over the subsequent 10 years, and finally pays $2,700 every ...
*March 20, 2012 by Mary*

**consumer math **

Jim opened an account with $400. The account pays three percent quarterly. How much is in the account at the end of two years? Round to the nearest dollar. (Points : 1) 5. Use this table to answer questions 5 through 8. Principal Rate Compounded Time Final Amount $10,000 2% ...
*February 12, 2012 by tina*

**math**

A client comes to you for investment advice on his $500,000 winnings from the lottery. He has been offered the following options by three different financial institutions and requests assistance to help understand which option would be the best for his investment. Option 1: 6...
*January 1, 2013 by yolanda johnson*

**math**

A client comes to you for investment advice on his $500,000 winnings from the lottery. He has been offered the following options by three different financial institutions and requests assistance to help understand which option would be the best for his investment. Option 1: 6...
*January 1, 2013 by yolanda johnson*

**ALegbra**

If an apartment complex will need painting in 3 1/2 years and the job will cost $25,000, what amount needs to be deposited into an account now in order to have the necessary funds? The account pays 8% interest compounded semiannually. (a) State the type of the problem. future ...
*May 16, 2014 by Mary Ann *

**algreba with application**

If $795 is invested in an account that earns annual interest of 5.5%, compounded semiannually, what will the account balance be after 5 years? (Round your answer to the nearest cent.)
*November 27, 2011 by Anonymous*

**college math**

An initial investment of $1000 is appreciated for 4 years in an account that earns 6% interest, 2) compounded semiannually. Find the amount of money in the account at the end of the period.
*March 31, 2013 by lisa*

**Business Calc**

We deposit $19000 into an account earning 3% interest compounded semiannually. How many years will it take for the account to grow to $47500 ? Round to 2 decimal places.
*March 8, 2014 by Jessica*

**Math**

Please check my work, thank you If $7,800 is deposited into an account paying 6% interest compounded annually (at the end of each year), how much money is in the account after 2 years? A=$8,268.00 Rewrite the statement, using percent notation. Out of every 100 eligible people...
*April 6, 2008 by Terry B*

**Math**

Roiger made deposits of $900 semiannually to the bank, which pays 6% interest compounded semiannually. After 7 yrs., he makes no more deposits. What would be the balance in the account 8 yrs. later from the last deposit?
*August 5, 2011 by Diane*

**Economics**

Given the following data, use present worth analysis to ﬁnd the best alternative, A,B, or C. A B C Initial cost $10,000 15,000 $12,000 Annual beneﬁt 6,000 10,000 5,000 Salvage value 1,000 −2,000 3,000 Useful life 2 years 3 years 4 years Use an analysis ...
*September 30, 2014 by Anonymous*

**algebra**

$7,000 is invested into two accounts: 4,000 into an account paying 5% interest compounded monthly and $3,000 into an account paying 4.1% interest compounded continuously. compute the total interest earned at the end of 2 years.
*October 31, 2011 by Anil*

**wildcat**

Compound Interest: Suppose $1,600 is invested in a savings account that pays 5% compounded semiannually, how much is in the account at the end of 11 2 years? having difficulties in finding a solution
*September 17, 2012 by Lynn*

**Math**

A boat costs $92,000 and depreciates in value by 15% per year. How much will the boat be worth after 10 years? 18,112.45 78,200 18,941.98 69,000 18,112.45 A $6000 principal earns 8% interest compounded semi annually after 35 years. What is the balance? A. 22,800 B. 39,600 C. ...
*February 6, 2014 by Anonymous*

**compounded continously**

A saving account earns 4.3% compounded continously. How much needs to be deposit for a $12,000 after 3 years?
*April 11, 2011 by Anonymous*

**Math**

A loan of $37,000 is made at 3%interest, compounded annually. After how many years will the amount due reach $49,000 or more? (Use the calculator provided if necessary.) Write the answer as a whole number. ****I get 1.03^10 = 49,724.91 So is the answer 10 years at 49,725.00?
*January 24, 2011 by Jen*

**math**

a company will need $30.000 in 7 years for a new addition. To meat this goal the company deposits money in an account today that pays 7% annual interest compounded quarterly. find the amount that should be invested to total $30.000 in 7 years?
*November 28, 2014 by Michelle*

**math**

Find the amount that schould be invested now to accumulate following amounts,if te money is compounded as indicated. $2000 at 9% compund semiannually for 8 years. i dont know how u do this sorry, your homework!!!!!!!!!!!!!!!!!! Double post. I answered this below.
*September 19, 2006 by please i need help.Dan*

**math**

You receive $12,000 and looking for a bank to deposit the funds. Bank A offers an account with an annual interest rate of 3% compounded semiannually. Bank B offers an account with 2.75% annual interest rate compounded continuously. Calculate the value of the two accounts at ...
*December 16, 2011 by Vanessa*

**math**

You receive $12,000 and looking for a bank to deposit the funds. Bank A offers an account with an annual interest rate of 3% compounded semiannually. Bank B offers an account with 2.75% annual interest rate compounded continuously. Calculate the value of the two accounts at ...
*December 16, 2011 by Vanessa*

**Finance**

You receive $12,000 and looking for a bank to deposit the funds. Bank A offers an account with an annual interest rate of 3% compounded semiannually. Bank B offers an account with 2.75% annual interest rate compounded continuously. Calculate the value of the two accounts at ...
*December 17, 2011 by Vanessa*

**Finance**

You receive $12,000 and looking for a bank to deposit the funds. Bank A offers an account with an annual interest rate of 3% compounded semiannually. Bank B offers an account with 2.75% annual interest rate compounded continuously. Calculate the value of the two accounts at ...
*December 17, 2011 by Vanessa*

**Investment interest**

Scenario: A client comes to you for investment advice on his $500,000 winnings from the lottery. He has been offered the following options by three different financial institutions and requests assistance to help understand which option would be the best for his investment. ...
*March 15, 2014 by John*

**Math Finite**

How many years will it take for $12,000 to grow to $15,000 at 5.75% compounded monthly?
*December 8, 2010 by Ericka*

**math**

how much money should you invest now to have 6000 in 11 years if you invest the money at a rate of 11.1%. compounded semiannually.
*July 3, 2011 by nichole*

**math**

how much money should you invest now to have 7000 in 11 years if you invest the money at a rate of 9.3%. compounded semiannually
*July 3, 2011 by AJAY*

**math**

how much money should you invest now to have 5000 in 11 years if you invest the money at a rate of 9.4%. compounded semiannually
*July 3, 2011 by nichole*

**math**

If you invest $17,000 a year for 11 years, at 4% compounded monthly, what would the balance be at the end of 11 years?
*March 29, 2012 by Linda*

**Correted Bob can you re-check?**

So i pretty much had them right the first time with the first set of answers i just needed to round up? 1. $5000.00 compounded annually at 6% for 5 years= $6,691.13? 2. $5000.00 compounded quartley at 6% for 5 years= $6,719.58? 3. $5000.00 compounded quartley at 65 FOR 5 YEARS...
*January 29, 2010 by Nashea*

**Math**

Myrna Lewis wishes to have $4,000 in four years to tour Europe. How much must she invest today at 8% interest compounded quarterly to have $4,000 in four years?
*July 4, 2014 by Peter*

**math**

compouned semiannually P dollars is invested at annual rate. r for 1 year. If the intrest is compounded semiannually then the polynomial P(1+r/2)by the second power represent the value of the investment after 1 year. Rewrite this expression without parentheses. Evaluate the ...
*February 15, 2013 by janae*

**math**

Suppose a state lottery prize of $2 million is to be paid in 20 payments of $100,000 each at the end of each of the next 20 years. If money is worth 9%, compounded annually, what is the present value of the prize?
*May 1, 2011 by janet*

**ALGEBRA**

Find the future value, using the future value formula and a calculator. (Give your answer to the nearest cent.) $44.01 at 6.5% compounded semiannually for 2 years
*May 18, 2012 by Monic*

**Business finance**

How much money must be deposited now, at 6% interest compounded semiannually, to yield an annunity payment of $4000 at the end of each six month period, for a totl of five years? Round to the nearest cent
*January 18, 2012 by Step*

**Math**

If a nurse deposits $2,000 today in a bank account and the interest is compounded annually at 10 percent, what will be the value of this investment: a. five years from now? B. ten years from now? C. fifteen years from now? D. twenty years from now?
*August 2, 2013 by April*

**Math**

Myrna Lewis wishes to have $4,000 in four years to tour Europe. How much must she invest today at 8% interest compounded quarterly to have $4,000 in four years? $4000 = x(1+ 0.02)^16 =$2,913.78
*July 4, 2014 by High*

**Finance**

A company requires the amount of $1,000,000 in 25 years to retire a bond issue. Assume they can earn 5 3/4% interest compounded daily. What amount would they have to pay quarterly to be able to retire this debt in 25 years?
*December 9, 2010 by ashley*

**Finance**

Business Investment A firm of attorneys deposits $5000 of profit-sharing money at the end of each semiannual period for years. Find the final amount in the account if the deposits earn 10% compounded semiannually.
*June 10, 2010 by Anonymous*

**Business math**

Sam Monte deposits $21,500 into Legal Bank which pays 6 percent interest that is compounded semiannually. By using the table in the handbook, what will Sam have in his account at the end of 6 years?
*July 9, 2011 by Anonymous*

**Pre-Algrebra**

Alecia deposited $500 in a savings account at 5% compounded semiannually. What is her balance after 5 years? Can you please show me step by step how to do this problem. The choices are $650.00 $640.04 $670.05 $897.93
*February 4, 2012 by Samantha*

**Finance**

A wealthy donor endows a chaired professorship. If the interest rate is 8% how much must he set aside to provide the following end of year salary payment alternatives? a. $100,000 per yr for 20 yrs b. $100,000 per yr in perpetuity c. A perpetuity that pays $100,000 for the ...
*October 20, 2006 by Joe*

**Intro To college math**

Find the future value, using the future value formula and a calculator. (Give your answer to the nearest cent.) $42.31 at 4.5% compounded semiannually for 4 years.
*October 29, 2011 by Betty*

**Math**

Could somebody please help me with a few Math questions? 1. Provide an appropriate response. True or False? 100.567 is between 10 and 100. 2. Use an annual percentage rate table to solve the problem. A family purchased a new ski boat for $20,000. The loan agency required a ...
*March 26, 2014 by Felicity*

**math**

The problem describes a debt to be amortized. A man buys a house for $350,000. He makes a $150,000 down payment and amortizes the rest of the debt with semiannual payments over the next 12 years. The interest rate on the debt is 11%, compounded semiannually. (Round your ...
*May 1, 2011 by angela*

**math**

The problem describes a debt to be amortized. A man buys a house for $350,000. He makes a $150,000 down payment and amortizes the rest of the debt with semiannual payments over the next 12 years. The interest rate on the debt is 11%, compounded semiannually. (Round your ...
*May 2, 2011 by susie*

**Consumer math**

When Greg was born, his grandmother put $5000 in a savings account for his college expenses. It was compounded at 2.5 percent semiannually, and left in the account 18 years. How much was in the account? Round to the nearest dollar.
*April 9, 2012 by Cosumer math*

**math**

Mr. puts $10,000 into a CD that pays 8.5% interest compounded monthly. If he keeps the money invested for 10 years, what will be the value at the end of 10 years?
*June 12, 2011 by deb*

** Math**

Can someone please help. How log will it take you to save $100,000 if you start saving 1597 every 3 months starting today? Assume and interest rate of 6% compounded quarterly. Business Calculator py/cy= 4 I=6% fv= 100,000 1597= PMT BGN is on
*March 4, 2015 by Ray*

**managerial math**

a gift of $3000 a grew $7,000,000 in 200 years. At what rate compounded anually would this growth occur
*April 19, 2013 by jameel *

**math**

You are the financial planner for Johnson Controls. Assume last year’s profits were $760,000. The board of directors decided to forgo dividends to stockholders and retire high-interest outstanding bonds that were issued 5 years ago at a face value of $1,420,000. You have been ...
*October 23, 2014 by sara*

**finance**

As of December 31, 2008, Johnstown Company has $50,000 in accounts payable, $100,000 in promissory notes payable in 5 years, $100,000 in cash, $50,000 in accounts receivable and $50,000 in property, plant and equipment. The company’s net income was $10,000 for 2008 and the ...
*December 20, 2009 by Anonymous*

**Math**

Alice requires $10,000 in two years. If the interest rate is 6% and compounded quarterly, how much must Alice place in the account to have the required amount? (a) $ 6,274.10 (b) $ 8,877.10 (c)$ 8,573.40 (d) $ 5,000.00 (e) $ 10,000.00
*November 7, 2011 by Anonymous*

**Compound Interest**

Payments of $1,800 and $2,400 were made on a $10,000 variable-rate loan 18 and 30 months after the date of the loan. The interest rate was 11.5% compounded semi-annually for teh first two years and 10.74% compounded monthy thereafter. What amount was owed on the loan after ...
*August 2, 2009 by Sat*

**compund interest**

Payments of $1800 and $2400 weere made on a $10,000 variable-rate loan 18 and 30 months after the date of the loan. The interest rate was 11.5% compounded semi-annually for the first two years and 10.74% compounded monthly thereafter. What amount was owed on the loan after ...
*August 5, 2009 by thara*

**precalculus **

Suppose $1,000 is compounded quarterly for 4 years. What rate is needed to reach a total of $2,000? Round to the nearest tenth of a percent. use a=p(1+r/n)^nt
*February 9, 2012 by candela*

**Plz Hel, word problem:)**

I have tried hard to solve, but I'm stuck.... Let’s use our knowledge of quadrantic equations to analyze a real world business application. If P dollars is invested at r rate of interest compounded anually t years, then the amount of money, A, accummulated at the end of t ...
*September 24, 2010 by Jesee*

**math**

Ed Long promised to pay his son $400 semiannually for 12 years. Assume Ed can invest his money at 6% in an ordinary annunity. How much must Ed invest to pay his son $400 semiannually for 12 years? 24 periods, 3% (Table 13.2)
*November 16, 2011 by jackie*

**Algebra Help please! **

I already posted this question,and Henrey answered it. I just wanted to clarify a few things to make sure I am on the right track Problem: Joanie takes a $6,000 loan to pay for her car. The annual interest reate on the loan is 12%. She makes no payments for 4 years, but has to...
*November 21, 2014 by Trish Goal*

**finance**

Today, Mark invested $5,000 into an account that guarantees 7.50% p.a., compounded monthly and Madonna invested $5,000 into account guaranteeing 8.125% p.a., compounded quarterly. How long will it take (in years) for the value of Madonna's investment to be three times as much ...
*October 23, 2009 by tiff*

**finance**

Today, Mark invested $5,000 into an account that guarantees 7.50% p.a., compounded monthly and Madonna invested $5,000 into account guaranteeing 8.125% p.a., compounded quarterly. How long will it take (in years) for the value of Madonna's investment to be three times as much ...
*October 25, 2009 by tiff*

**Math**

Ed long promised to pay is son $400 semiannually for 12 years. Assume Ed can invest his money at 6 % in an ordinary annuity. How much must Ed invest today to pay his son $400 semiannually for 12 years?
*November 11, 2011 by Anonymous*

**ALGERBRA**

Here are two ways of investing $30,000 for 20 years: Periodic Deposit $1,500 at the end of each year Rate 5% compounded annually Time 20 years
*May 29, 2014 by JOHN DUNN*

**Compound Interest!**

Two payments of $10,000 and $12,000 must be made 1 year and 4 years from now. If money can earn 9% compounded monthly, what single payment 2 years from now would be equivalent to the two scheduled payments?
*March 26, 2010 by Thara!*

**physics**

you could produce a sample containing 2,400,000 free neutrons, what would it be 2658 seconds later? A) 300,000 neutrons, 2,100,000 protons, and 2,100,000 electrons. MY ANSWER B) 300,000 neutrons and 2,100,000 protons C) 300,000 neutrons, 2,100,000 protons, 2,100,000 neutrinos ...
*October 26, 2011 by Anonymous*

**math**

RM65000 will be invested for 6 years 9 months. if the investment will be offered 5% compounded semi annualy for the first 2 years, 6% compounded monthly for the next 18 months and 7% compounded daily for the rest of the period ,find the future value of this investment.
*April 20, 2014 by fizz*

**Finance**

Is it more economical to buy an automobile for $29,000 cash or to pay $4,500 down and $3,000 at the end of each quarter for 2 years, if the money is worth 8% compounded quarterly?
*September 28, 2011 by sabrina*

**checking answers please help**

1. $5000.00 compunded annually at 6% for 5 years= $6,691.1279 or $6,312.38? 2. $5000.00 compounded quartley at 6% for 5 years= $6,719.5819 or 8,744.37? 3. $5000.00 compounded quartley at 65 FOR 5 YEARS= $6,734.2750 or 3,64.86? 4. $5000.00 COMPOUNDED ANNUALLY FOR AT 6% FOR 6 ...
*January 29, 2010 by Nashea*

**investing compound interest**

James Johnson, a recent graduate of a nationally recognized MPA program wants to be able to travel around the world. James does not have enough money at this time, but believes he can save up enough money to travel around the world in ten years. If he currently has $15,000 to ...
*June 25, 2008 by josh*

**healthcare fiancare**

HINT: 6% X $1,000,000 – {20% X ($1,000,000 – (6% X $1,000,000))} = 6% X $1,000,000 – {20% X ($1,000,000 - $60,000))}= 6% X $1,000,000 - {20% X $940,000}= 6% X $1,000,000 - $188,000 = $60,000 - $ 188,000= -$128,000 A) The interst due on a 10% loan of $1,000,000 at year end ...
*February 12, 2012 by patricia*

**Finance**

1. $5000.00 compunded annually at 6% for 5 years= $6,691.1279? 2. $5000.00 compounded quartley at 6% for 5 years= $6,719.5819? 3. $5000.00 compounded quartley at 65 FOR 5 YEARS= $6,734.2750? 4. $5000.00 COMPOUNDED ANNUALLY FOR AT 6% FOR 6 YEARS= $7,092.5956...
*January 29, 2010 by Nashea*

**math**

RM65000 will be invested for 6 years 9 months. if the investment will be offered 5% compounded semi annualy for the first 2 years, 6% compounded monthly for the next 18 months and 7% compounded daily for the rest of the period ,find the future value of this investment. what is...
*April 24, 2014 by fizz*

**math**

RM65000 will be invested for 6 years 9 months. if the investment will be offered 5% compounded semi annualy for the first 2 years, 6% compounded monthly for the next 18 months and 7% compounded daily for the rest of the period ,find the future value of this investment. what is...
*April 24, 2014 by melina*

**math**

RM65000 will be invested for 6 years 9 months. if the investment will be offered 5% compounded semi annualy for the first 2 years, 6% compounded monthly for the next 18 months and 7% compounded daily for the rest of the period ,find the future value of this investment. what is...
*April 25, 2014 by amy*

**finance**

You want to save $1,000,000 for your retirement (under 40 years old) or $100,000 (over 40 years old). If you use common stocks with an average rate of return of 10% how much do you need to save monthly?
*June 9, 2012 by lisa*

**Math**

Write a compount interest function to model each situation. Then find the balance after the given number of years $27,000 invested at a rate of 3.75% compounded quarterly; 3 years
*April 14, 2015 by M*

**math**

this investment require table factors for periods beyond the table. create the new table factor AND the present value for $100,000 (compound amount) for 50 years at a nominal rate of 5 percent with interest compounded annually thanks
*May 15, 2014 by teresa*

**Pre Calculus**

interest 7%; investment $2000, compounded monthly - how much after 10 years. I am very close on this one but must be missing an important step: A(t) = 2,000(1 + .07/12)^(10)(12) A(10) = 2,000(1.0058)^120 A(10) = 2,000(2.0017 = 4003.4 However the answer is actual $4220.29 What ...
*July 26, 2009 by Shellie*

**Math**

Find the future amount after one year on $ 2,000 at 5% compounded annually. (a) $ 200 (b) $ 100 (c) $ 2,100 (d) $ 400 (e) $ 550.00
*November 3, 2011 by Frank*

**Math**

(a) Themba wants to deposit a sum of money into a savings account so that he will have R30 000 in 3 years time for an overseas holiday how much money must he deposit into the account if the interest paid on the savings is 8,5% p.a (b) R1 000 is deposited in a savings account ...
*August 26, 2014 by Lesedi*

**arithmetic**

28,000 X .05% compounded for 33 years =
*September 19, 2013 by tom*

**Physical science**

If you could produce a sample containing 2,400,000 free neutrons, what would it be 2658 seconds later? A) 300,000 neutrons, 2,100,000 protons, and 2,100,000 electrons. MY ANSWER B) 300,000 neutrons and 2,100,000 protons C) 300,000 neutrons, 2,100,000 protons, 2,100,000 ...
*October 25, 2011 by Anonymous*

**Compound Interest : Future Value and Present Value**

Payments of $1800 and $2400 weere made on a $10,000 variable-rate loan 18 and 30 months after the date of the loan. The interest rate was 11.5% compounded semi-annually for the first two years and 10.74% compounded monthly thereafter. What amount was owed on the loan after ...
*July 24, 2009 by Math*

**financial accounting and reporting**

january 01,2007 Mr.A started a business with cash Rs.3000,000 Bank RS.4000,000, Building Rs.3000,000,Laptop Rs.80,000, Desktop computers Rs.50,000,Fax machine Rs.100,000,Simple calculators Rs.5,000, Financial calculators Rs.10,000, Printer Rs.35,000, Scanner Rs.15000,Cars Rs.1...
*November 29, 2010 by saedd*

**Accounting**

LRF Corporation purchased a patent for $450,000 on September 1, 2006. It had a useful life of 10 years. On January 1, 2008, LRF spent $110,000 to successfully defend the patent in a lawsuit. LRF feels that as of that date, the remaining useful life is 5 years. What amount ...
*April 25, 2009 by Cathie*

**math**

you invest $10,000 in a savings account that pays 6.6%, compounded quarterly for 15 years. How much money is in the account in 15 years?
*September 6, 2011 by Kat*

**Math**

How much less interest is earned at 6% simple interest for 5 years on a $10,000 investment than a 6% rate compounded daily for 5 years?
*October 15, 2009 by Anonymous*

**math help plz!**

Calculate teh future value of quarterly payments of $1200 for 5 years, if the rate of interest was 10% compounded quarterly for the first 2 years and will be 9% compounded quarterly for the last 3 years.
*April 21, 2010 by Thara!*

**science**

To run efficiently and productively, a fusion reaction must operate at temperatures greater than __ degrees C. A) 100 B) 2,000 C) 1,000,000 D) 100,000,000 E) 350,000,000 d
*September 12, 2010 by pam*

**science**

To run efficiently and productively, a fusion reaction must operate at temperatures greater than __ degrees C. A) 100 B) 2,000 C) 1,000,000 D) 100,000,000 E) 350,000,000 d
*September 12, 2010 by pam*

**financial management**

A capital project has an initial investment of $100,000 and cash flows in years 1-6 of $25,000, $10,000, $50,000, $10,000, $10,000, and $60,000, respectively. Given a 15 percent cost of capital, •(a) compute the net present value. . •(b) compute the internal rate of return...
*April 14, 2014 by lori*

**Business Math**

IF Joseph deposits $1,000 at year-end for the next 35 years, assuming he makes one yearly deposit of $1,000 at 5% compounded annually, how much interest would he earn?
*June 17, 2010 by Kiesha*

**Business Math and Statistics**

You deposit $1,000 for 4 years at an interest rate of 2.0%. If the interest is compounded annually, how much money do you have after 4 years?
*December 8, 2013 by Teresa*

**business**

The Garcia Company’s bonds have a face value of $1,000, will mature in 10 years, and carry a coupon rate of 16 percent. Assume interest payments are made semiannually.
*August 30, 2014 by Anonymous*

**math,correction**

can someone correct these for me thanks.. Problem #4 Find the effective rate corresponding to the given nominal 18% compounded quarterly. My answer: 19.2% Problem #7 Find the future value of the ordinary annuity If R= $2500,I=5% interest compounded quarterly for 16 years. My ...
*June 29, 2007 by student*