Wednesday

April 16, 2014

April 16, 2014

Number of results: 27,112

**Finances and Math**

Can someone please help me solve these problems or help me find an easy formula?..No matter how many times I read or try calculating I can't get it please help me..I would really appreciate it thank you.. Calculate the future value of the following: $5,000 compounded annually ...
*Thursday, February 18, 2010 at 4:11pm by Anna*

**Accounting**

How do I calculate the future value of the following? $5,000 compounded annually at 12% for 2 years $5,000 compounded semiannually at 12% for 2 years $5,000 compounded quarterly at 12% for 2 years $5,000 compounded monthly at 12% for 2 years
*Tuesday, November 16, 2010 at 8:00pm by Katherine*

**Accounting**

Calculate the future value of the following: o $5,000 compounded annually at 6% for 5 years o $5,000 compounded semiannually at 6% for 5 years o $5,000 compounded quarterly at 6% for 5 years o $5,000 compounded annually at 6% for 6 years • Answer the following: What ...
*Wednesday, December 3, 2008 at 10:28pm by Kim*

**Math**

Lee Holmes deposited $15,000 in a new savings account at 9% interest compounded semiannually. At the beginning of year 4, Lee deposits an additional $40,000 at 9% intrest compounded semiannually. At the end of 6 years, what is the balance in Lee's account?
*Thursday, November 3, 2011 at 3:46pm by Linda*

**MATH HOMEWORK HELP PLEASE ANSWER**

Lee Holmes deposited $15,000 in a new savings account at 9% interest compounded semiannually. At the beginning of year 4, Lee deposits an additional $40,000 at 9% intrest compounded semiannually. At the end of 6 years, what is the balance in Lee's account?
*Thursday, November 3, 2011 at 8:11pm by Kelitis*

**math**

Jim wants to deposit money in an account to save for a new stereo system in two years. He wants to have $4,000 available at the time. The following rates are available to him: 6.2% simple interest 6.1% compounded annually 5.58% compounded semiannually 5.75% compounded ...
*Thursday, October 22, 2009 at 1:41pm by HG*

**Business Math**

Shelley Katz deposited $30,000 in a savings account at 5% interest compounded semiannually. At the beginning of year 4, Shelley deposits an additional $80,000 at 5% interest compounded semiannually. At the end of 6 years, what is the balance in Shelley's account
*Wednesday, May 16, 2012 at 2:34pm by Michelle*

**math**

Jacob Fonda deposited $25,000 in a savings account at 10% interest compounded semiannually. At the beginning of Year 4, Jacob deposits an additional $40,000 at 10% interest compounded semiannually. At the end of six years, what is the balance of Jacob’s account?
*Thursday, December 22, 2011 at 7:09pm by Anonymous*

**math**

Jacob Fonda deposited $25,000 in a savings account at 10% interest compounded semiannually. At the beginning of Year 4, Jacob deposits an additional $40,000 at 10% interest compounded semiannually. At the end of six years, what is the balance in Jacob’s account?
*Friday, August 31, 2012 at 8:14pm by no name*

**Business Math**

Lee Holmes deposited $ 15,000 in a new savings account at 9% interest compounded semiannually, At the beginning of year 4, Lee deposites an additional $40000 at 9% interest compounded semiannually. At the end of the 6 years what is the balance in Lee;s account
*Wednesday, December 5, 2012 at 1:44pm by Jean*

**College Algebra**

Investment A: $5,000 invested for 7 years compounded semiannually at 9%. Investment B: $ 6,000 invested for 5 years compounded quarterly at 4.1%. Find each total for each investment and determine which investment results are greater.
*Thursday, January 6, 2011 at 8:05pm by Shawntee*

**Calc**

Find the present value of $14000 due in 9 years at the given rate of interest. (a) 2%/year compounded semiannually? (b) 5%/year compounded semiannually?
*Friday, April 5, 2013 at 11:07pm by Carl*

**Accounting**

$5,000 compounded semiannually at 6% for 5 years
*Wednesday, December 3, 2008 at 10:28pm by Virginia*

**math**

find the accumulated value of an investment of 25,000 for 4 years at an interest rate of 5%, if the money is a compounded semiannually; b. coumpounded quaterly; c. compounded monthly d. coumpounded continuously.
*Sunday, June 5, 2011 at 6:59pm by Norma *

**Math**

find the accumulated value of an investment of 20,000 for 3 years at an interest rate of 7%, if the money is a compounded semiannually; b. coumpounded quaterly; c. compounded monthly d. coumpounded continuously.
*Monday, April 8, 2013 at 11:18am by Keresha*

**Accounting**

$10,000,000 face value, zero coupon bonds due in 20 years, priced on the market to yield 8% compounded semiannually.
*Tuesday, April 10, 2012 at 9:08pm by Bryan*

**Math, Finance**

Parents have set up a sinking fund in order to have $120,000 in 15 years for their children's education. How much should be paid semiannually into an account paying 6.8% compounded semiannually? PMT = FV ____i_____ (1 + i)^n – 1
*Wednesday, November 9, 2011 at 9:14pm by Debra*

**finances**

Calculate the future value of the following: o $5,000 compounded annually at 6% for 5 years o $5,000 compounded semiannually at 6% for 5 years o $5,000 compounded quarterly at 6% for 5 years o $5,000 compounded annually at 6% for 6 year What conclusions can be drawn about the ...
*Monday, November 22, 2010 at 11:31am by Rhalaj*

**Financial Management in Health Care Organizations**

$5,000 compounded semiannually at 6% for 5 years
*Friday, March 26, 2010 at 11:16pm by Virginia*

**Math**

What initial investment at 9% compounded semiannually for 5 years will accumulate to $15,000?
*Sunday, April 29, 2012 at 7:16pm by Tar*

**math**

The amount to which $5,000 would grow in ten years at 6% compounded semiannually.
*Friday, May 31, 2013 at 9:20pm by Lilly*

**math**

find the accumulated value of an investment of $10000 for 5 years at an interest rate of 5.5% if the money is a. compounded semiannually; b. compounded monthly; c. compounded continuously.
*Wednesday, May 8, 2013 at 11:12pm by newlemon*

**math**

Semiannually deposits of $400 are made for 10 years into an annuity that pays 7% compounded semiannually
*Thursday, March 8, 2012 at 9:15pm by Shirley*

**FINANCE**

You deposit $2,000 in an account that pays 8% interest compounded semiannually. After 4 years, the interest rate is increased to 8.28% compounded quarterly. What will be the value of the account after 4 more years? (Do not round until the final answer. Then, round to the ...
*Wednesday, December 7, 2011 at 2:00pm by lily*

**math,help**

what formula do i have to use for this problems. Problem #4 John Lee saving account has a balance of $2449.After 7years what will be the amount of interest be at 8% compounded semiannually? Problem #5 Southewest Dry cleaners believes that it will need new equipment in 5 years ...
*Friday, June 29, 2007 at 1:48am by student*

**College Algebra**

Find the accumulated value of an investment of $16,000 at 4% compounded semiannually for 7 years.
*Wednesday, January 19, 2011 at 11:43am by Anonymous*

**math**

What is the present value of $73,000 in 11 years if the interest rate is 8% compounded semiannually
*Wednesday, July 3, 2013 at 9:39am by Anonymous*

**math**

What is the present value of $73,000 in 11 years if the interest rate is 8% compounded semiannually?
*Saturday, July 6, 2013 at 11:45am by dana*

**Fianacial Management in Health Care Organizations**

Resource: Ch. 5 of Financial Management in Health Care Organizations. „h Calculate the future value of the following: o $5,000 compounded annually at 6% for 5 years o $5,000 compounded semiannually at 6% for 5 years o $5,000 compounded quarterly at 6% for 5 years o $5,000 ...
*Friday, April 16, 2010 at 9:42pm by Laura Alfonso*

**math**

1. A.) Find the future value on $6,000 in three years if the interest is compounded semiannually at 12%. (5 points)
*Sunday, March 18, 2012 at 4:17pm by Anonymous*

**Business Math**

2. The interest on $6,000 at 6 percent compounded semiannually for 8 years is: (Use table in the handbook) (Points : 1)
*Friday, October 5, 2012 at 5:43pm by Tanisha*

**Finance**

Scupper Molly invested $1,800 semiannually for 23 years at 8% interest compounded semiannually. What is the value of this annuity due? (p. 319)
*Sunday, May 5, 2013 at 12:04am by D Johnson*

**math**

Jim wants to deposit money in an account to save for a new stereo system in two years. He wants to have $4,000 available at the time. The following rates are available to him: 6.2% simple interest 6.1% compounded annually 5.58% compounded semiannually 5.75% compounded ...
*Monday, April 25, 2011 at 4:50pm by Sabrina*

**contemporary math**

Initial 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
*Thursday, July 4, 2013 at 9:23am by Tee*

**math**

Initial 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
*Wednesday, July 3, 2013 at 11:45pm by Tee*

**math**

By using the table in the handbook, the present value of $12,000 for six years compounded at 6 percent semiannually is: (Points :
*Monday, July 2, 2012 at 10:47pm by Anonymous*

**Business Math**

7. By using the table in the handbook, the present value of $12,000 for six years compounded at 6 percent semiannually is:
*Thursday, October 4, 2012 at 10:32pm by Tanisha*

**Math**

If a community clinic invested $3,000 in excess cash today, what would be the value of its investment at the end of three years: a. at a 12 percent rate compounded semiannually? B. at a 12 percent rate compounded quarterly?
*Friday, August 2, 2013 at 6:26pm by April*

**math**

what would be the amount of compound interest on %6,000 invested for 2 years att 9%, compounded semiannually? round your answer to the nearest dollar
*Saturday, July 11, 2009 at 11:59pm by shannon*

**math**

By using the table in the handbook, the present value of $12,000 for six years compounded at 6 percent semiannually is: (Points : 2)
*Wednesday, October 5, 2011 at 11:25am by Jessie Phillips*

**CALC**

If 42600 dollars is invested at an interest rate of 5 percent per year, compounded semiannually. What does semiannually mean? to find the values at 5 years would you just multiply?
*Tuesday, March 24, 2009 at 11:49am by Paisley*

**pre-calculus**

find (a) the compound amount and (b) the compound interest for the given investment and annual rate. a. $5000 for 20 years at 5% compounded annually b. $700 for 15 years at 7% compounded semiannually.
*Sunday, March 4, 2012 at 5:09pm by romain*

**Math Finite**

2. How much should be deposited now at 9% compounded semiannually to make possible withdrawals of $13,000 every 6 months for the next 12 years
*Friday, March 18, 2011 at 6:02pm by Phan*

**Math**

If you deposit $900 semiannually in a bank which pays 6% interest compounded semiannually and make no more deposits after 7 years, what is the balance in the account 8 yrs. later from the last deposit?
*Tuesday, August 2, 2011 at 3:14pm by Diane*

**pre algebra**

Use the compound interest formula to find the value of the investment after 5 years, compounded semiannually. $1,000 at 6% annual interest
*Monday, September 30, 2013 at 1:55pm by india*

**Business Math**

Pete Air wants to buy a used Jeep in 5 years. He estimates the Jeep will cost $15,000. Assume Pete invests $10,000 now at 12% interest compounded semiannually. Calculate the maturity value of the investment
*Sunday, November 10, 2013 at 5:29pm by Jimmy*

**Math, anyone, plz help**

A $6,000.00 principal earns 8% interest, compounded semiannually. After 35 years, what is the balance in the account? (1 point) 70 periods at 8/2 = 4% 1.04*70 = 15.57 times 6,000 = 93,429.71 compounding works, start young :)
*Thursday, February 20, 2014 at 2:49pm by Damon*

**math**

Jane needs $30,000 to buy another car in eight years. How much should she deposit at the end of each half year into an account that earns 6% interest compounded semiannually?
*Sunday, April 1, 2012 at 7:51pm by lynn*

**finance**

Can someone please help me with the following question. I am not sure even where to start. A 5-year annuity of 10 $9,000 seminannual payments will begin 9 years from now, with the first payment coming 9.5 years from now. If the discount rate is 11 percent compounded ...
*Sunday, February 24, 2008 at 10:22pm by student*

**algebra**

Find the accumulated value of an investment of $10,000 for 3 years at an interest rate of 6% if the money is a)compounded seiannually,b)compounded quarterly, c) compounded monthly, d) compounded continually
*Wednesday, February 1, 2012 at 3:12pm by Betty*

**Finance**

You deposit $1000 in an account that pays 8% interest compounded semiannually. After 2 years, the interest rate is increased to 8.40% compounded quarterly. What will be the value of the account after 4 years?
*Sunday, November 6, 2011 at 2:28pm by Kelly*

**math**

invest 5% compounded semiannually I want to have 23,000 in the future how much I will deposit now to have that amount 5 years from now
*Sunday, January 13, 2013 at 9:54pm by max*

**math for busness and finance**

what sinking fund payment would be required at the end of each six-month period, at 12% interest compounded semiannually, in order to amount to $40,000 within four years?
*Monday, January 13, 2014 at 12:20am by Chudy*

**math**

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

**math**

What is the size of the payments that must be deposited at the beginning of each 6-month period in an account that pays 6.6%, compounded semiannually, so that the account will have a future value of $140,000 at the end of 17 years?
*Saturday, April 30, 2011 at 6:17pm by plz help*

**algebra 2**

You invest $100,000 in an account with an annual interest rate of 4.5%, compounded semiannually. How much money is in the account after 10 years? Round your answer to the nearest whole number.
*Thursday, July 14, 2011 at 11:46am by Anonymous*

**Math**

Find the periodic payment that will amount to the given sum under the given conditions: S=$150,000; interest is 6% compounded semiannually; payments are made at the end of each semiannual period for 11 years.
*Sunday, November 7, 2010 at 8:13pm by Jeff*

**Mathematics **

Find the periodic payment that will amount to the given sum under the given conditions: S=$150,000; interest is 6% compounded semiannually; payments are made at the end of each semiannual period for 11 years
*Sunday, November 7, 2010 at 9:51pm by Becky*

**math**

What is the size of the payments that must be deposited at the beginning of each 6-month period in an account that pays 6.6%, compounded semiannually, so that the account will have a future value of $140,000 at the end of 17 years?
*Saturday, April 30, 2011 at 7:36pm by cant figure this out :(*

**contemporary math**

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

**business**

29. Ray Long wants to retire in Arizona when he is 75 years of age. Ray, who is now 60, believes he will nee $200,000 to retire comfortably. To date, he has set aside no retirement money. If he gets an interest of 12 percent compounded semiannually, he will have to invest ...
*Tuesday, September 11, 2012 at 10:51pm by Anonymous*

**Math**

Quinn 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...
*Sunday, July 7, 2013 at 12:08am by Missy*

**Finance**

As Lynn stated, you did not specify how many years. For simplicity's sake, let's say they did this for 8 years amount = 5000 [ (1+.05)^16 - 1 ]/.05 = 118287.46 notice I divided the rate by 2, since it is compounded semiannually, and doubled the years, because there are 16 half...
*Thursday, June 10, 2010 at 10:13pm by Reiny*

**Business Math**

Quinn 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 ...
*Thursday, June 27, 2013 at 10:27pm by Tee*

**math**

$18,500 at 4.5% compounded semiannually for 5 years
*Wednesday, February 2, 2011 at 7:01pm by john*

**math**

Twenty years ago Gabe invested $2,000. For the first ten years he earned 13% compounded semi-annually. For the next ten years he earned 8% compounded quarterly. What was the value of the investment now, at the end of the 20 years?
*Wednesday, February 19, 2014 at 11:37pm by ricky*

**math**

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 12% interest compounded semiannually.
*Sunday, February 16, 2014 at 7:30pm by ann*

**Algebra**

Greta invests $10,000 in an investment that pays 3% interest, compounded annually, for the first three years, then 9% interest, compounded annually, for the last three years. Rui invests $10,000 in an investment that pays r% for all six years. The two investments are worth the...
*Thursday, April 2, 2009 at 7:19pm by Cassie*

**Math Pre.Alg**

What is $33,800 at 3.5% compounded semiannually for 5 years?
*Friday, May 10, 2013 at 12:23am by Bardroy *

**Math Pre.Alg**

What is $33,800 at 3.5% compounded semiannually for 5 years?
*Friday, May 10, 2013 at 12:23am by Bardroy *

**algebra**

Compounded semiannually. P dollars is invested at annual interest rate r for 1 year. If the interest is compounded semiannually, then the polynomial represents the value of the investment after 1 year. Rewrite this expression without parentheses. Evaluate the polynomial if
*Saturday, August 10, 2013 at 5:27pm by shirley whitley*

**Accounting**

(Present Value) What is the present value of an annuity that pays $250,000 in 30 years if interest accumulates at a rate of 7.5% compounded semiannually? (i.e. How do you have to pay NOW for the policy? You make no payments other than your lump sum payment.)
*Tuesday, April 19, 2011 at 9:42am by Page*

**math/algebra**

Compounded semiannually. P dollars is invested at annual interest rate r for 1 year. If the interest is compounded semiannually, then the polynomial P(1+r/2)^2represents the value of the investment after 1 year. Rewrite this expression without parentheses. Evaluate the ...
*Friday, February 27, 2009 at 5:25pm by Debbie*

**College Algebra**

Compounded semiannually. P dollars is invested at annual interest rate r for 1 year. If the interest is compounded semiannually, then the polynomial P(1+r/2)^2 represents the value of the investment after 1 year. Rewrite this expression without parentheses. Evaluate the ...
*Friday, November 26, 2010 at 11:05pm by Lisa*

**business math**

Sam Long anticipates he will need approximately $225,000 in 15 years to cover his 3-year-old daughter’s college bills for a 4-year degree.How much would he have to invest today at an interest rate of 8 percent compounded semiannually?
*Friday, October 25, 2013 at 10:42am by martha*

**business and finance**

Ray Long wants to retire in Arizona when he is 70 years of age. Ray is now 50. He believes he will need $130,000 to retire comfortably. To date, Ray has set aside no retirement money. Assume Ray gets 14% interest compounded semiannually. How much must Ray invest today to meet ...
*Monday, August 13, 2012 at 12:50pm by maria *

**business math**

Ray Long wants to retire in Arizona when he is 70 years of age. Ray is now 50. He believes he will need $130,000 to retire comfortably. To date, Ray has set aside no retirement money. Assume Ray gets 14% interest compounded semiannually. How much must Ray invest today to meet ...
*Saturday, September 1, 2012 at 8:04pm by no name*

**Accounting**

Big Company purchased a machine on February 1, 2013, and will make seven semiannual payments of $26,000 beginning five years from the date of purchase. The interest rate will be 12%, compounded semiannually. Determine the purchase price of the machine.
*Thursday, April 26, 2012 at 9:07am by Anonymous*

**Math**

Find the future value of a $10,000 investment at 10 % annual interest compounded semiannually for 4 years. (a) $ 14,000 (b) $ 12,000 (c) $ 24,774.55 (d) $ 14,774.55 (e) $ 24,477.55 Can someone please help me find the future value? I am stuck on this problem.
*Wednesday, November 2, 2011 at 10:35pm by Adam*

**Algebra**

Using the compound intrest formula's A=P(1+r/n)^nt and A=Pe^rt to solve the problem given. Round the answer to the nearest cent. I have to find the accumulated value of and investment of $20,000 for 6 years at an intrest rate of 4.5% compounded semiannually,quarterly,monthly, ...
*Sunday, December 12, 2010 at 12:58pm by Jen*

**algebra**

the accumulated value of an investment of $15,00 for 7 years at rate of 4.5% compounded semiannually what will that be?
*Saturday, April 24, 2010 at 3:21pm by Nette*

**Algebra 2**

Find the future value of $600 invested for 5 years at 8% interest compounded semiannually.
*Thursday, August 25, 2011 at 1:33pm by Chelsea*

**algebra**

find the amount of interest by the following deposit $3000 at 6.4% compounded semiannually for 2.8 years
*Friday, October 21, 2011 at 6:56pm by beechst*

**Algebra 2**

Find the value of $1000 deposited for 8 years in an account interest compounded semiannually.
*Sunday, March 24, 2013 at 3:02pm by Gina*

**algebra**

Find the accumulated value of an investment of $15,000 at 7% compounded semiannually for 4 yrs
*Sunday, November 6, 2011 at 1:25pm by Anonymous*

**Math**

Jeff Associates borrowed $30,000. The company plans to set up a sinking fund that will repay the loan at the end of 8 years. Assume a 12 % interest rate compounded semiannually. What must Jeff pay into the fund each period of time?
*Friday, November 11, 2011 at 4:43pm by Anonymous*

**Math**

Jeff Associates borrowed $30,000. The company plans to set up a sinking fund that will repay the loan at the end of 8 years. Assume a 12 % interest rate compounded semiannually. What must Jeff pay into the fund each period of time?
*Monday, November 14, 2011 at 12:46pm by Anonymous*

**math**

Question 3 Terry invests $3,000, at 10% interest, compounded semiannually for 12 years. Use the compound interest formula to calculate the compound amount for his investment. a. $9,675.30 b. $6,760.00 c. $6,663.28 d. $9,860.00
*Thursday, October 31, 2013 at 7:39pm by Shelby*

**exp of math**

if john has a balance of 2195. after 3 years what will be the amount of the interest at 8%. compounded semiannually
*Sunday, July 3, 2011 at 8:14am by nichole*

**Finance 370**

what is the future value of $5000 in a bank account of 7 years at 4 percent compounded semiannually
*Friday, June 22, 2012 at 8:45am by anita*

**math**

Find the total investment and the interest earned when $2,500 is invested at 5% compounded semiannually for 3 years.
*Friday, July 6, 2012 at 7:58pm by kim*

**finance**

what is the future value of $4000 at 6% compounded semiannually for nine years rounded to the nearest cent?
*Monday, November 5, 2012 at 9:50pm by tlic*

**Math**

Find the total investment and the interest earned when $2,500 is invested at 5% compounded semiannually for 3 years.
*Wednesday, February 20, 2013 at 4:12pm by linda*

**bussiness math**

what is the effective rate of $18,000 invested for one year at 8.0%,compounded semiannually?
*Wednesday, September 26, 2012 at 5:12pm by smam*

**math/ compounded **

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. ...
*Saturday, September 29, 2012 at 5:04pm by carol*

**college math**

Calculate the future value of an ordinary annuity consisting of annual payments of $1,000 for 4 years if the payments earn 10.70% compounded annually for the first 2 years and 9% compounded annually for the last 2 years. For full marks your answer(s) should be rounded to the ...
*Monday, October 22, 2012 at 11:04pm by kerry*

**Engineering economy**

General Electric issued 1000 debenture bonds 3 years ago with a face value of $5000 each and a bond interest rate of 8% per year payable semiannually. The bonds have a maturity date of 20 years from the date they were issued. If the interest rate in the market place is 10% per...
*Wednesday, October 1, 2008 at 1:43am by Maria*

**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 you take 2000(1+.09/12)^96 and you'll get the answer No, I don't that's quite what the ...
*Tuesday, September 19, 2006 at 8:23pm by please i need help.Dan*

**Finance**

Gretta wants to retire in 13 years. At that time she wants to be able to withdraw $12,500 at the end of each 6 months for 10 years. Assume that money can be deposited at 12% per year compounded semiannually. What exact amount will Gretta need in 13 years?
*Wednesday, October 20, 2010 at 12:21am by Katie*

**Algebra - Question about Answers**

I would like to know if my answers are correct. A principal of 6500.00 is invested in an account paying an annual rate of 4%. Find amount in acct after 4 years if acct is compounded semiannually, quarterly and monthly. Semiannually - 7615.79 Quarterly - 7621.76 Monthly-7613.64
*Saturday, December 17, 2011 at 6:03pm by Kylie*

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