Monday

February 8, 2016
Number of results: 21,573

**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*

**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**

Find the future value of an ordinary annuity that calls for depositing $100 at the end of every 6 months for 15 years into an account that earns 7% interest compounded semiannually. (Round your answer to the nearest cent.)
*March 18, 2015 by Allyssa*

**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*

**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**

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*

**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**

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*

**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 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*

**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*

**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*

**quantitative reasoning**

lee willis needs to save $16,000 to open up a hair salon in 5 years. what lump sum must Lee deposit today in order to have $16,000 in 5 years? Lee can earn 7.25% interest compounded quarterly
*November 5, 2015 by jordyn*

**MTH 157**

A company will need $50,000 in five years for a new addition.To meet this goal the company deposits the money in an account today that pays 4% annual interest compounded quarterly. Find the amount that should be invested to total $50,000 in 5 years. Thanks for the help!
*July 31, 2015 by Kim*

**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**

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*

**math**

Steve wants to have $25000 in 25 years, he can only get 3.2% interest compounded quarterly. his bank will guarantee the rate for either 5 or 8 years in 5 years he can get 4% compounded quarterly for the remainder of the term in 8 years he can get 5% compounded quarterly for ...
*January 14, 2016 by Anonymous*

**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*

**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*

**Finance**

When Samuel Pepys, the British diarist, lent his friend Lady Sandwich £100 in 1668, he charged her 6 percent interest. If the loan was due at the end of 1 year, how much would Lady Sandwich have had to pay if interest was (a) compounded annually, (b) compounded semiannually, (...
*January 10, 2011 by Bryan*

**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*

**math**

Osama invested Rs.8,000 for 3 years at 5% C.I in a post office. If the interest is compounded once in a year, what sum will he get after 3 years?
*November 9, 2015 by Haroon Gondal*

**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*

**Physics**

Suppose you have 100 g of radioactive plutonium-239 with a half-life of 24,000 years. How many grams will remain after (a) 12,000 years (b) 24,000 years (c) 96,000 years?
*September 2, 2012 by b*

**Physics**

Suppose you have 100 g of radioactive plutonium-239 with a half-life of 24,000 years. How many grams will remain after (a) 12,000 years (b) 24,000 years (c) 96,000 years?
*September 2, 2012 by b*

**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*

**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 *

**College Algebra**

A loan of 25,000 is made at 3.75% interest, compounded annually. After how many years will the amount due reach 42,000 or more?
*December 3, 2015 by charlene*

**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*

**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*

**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*

**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*

**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*

**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*

**mth 156**

a company needs $55,000 in 7 years for a new addition. To meet this goal, the company needs to deposit money in an acct today that pays 5% annual interest compounded quarterly. What amount should the company invest to total $55,000 in 7 years? Thanks!
*August 5, 2015 by Bella*

**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!*

**math**

future amount needed $6,000 interest rate is 3% compounding period semiannually investment time 8 years what would the present value be
*May 22, 2015 by Anoymous*

**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*

**math**

find the present value of ordinary annuity payments of 890 each year for 16 years at 8% compounded annually What is the amount that must be paid (Present Value) for an annuity with a periodic payment of R dollars to be made at the end of each year for N years, at an interest ...
*September 24, 2006 by john*

**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*

**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**

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*

**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**

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*

**arithmetic**

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

**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*

**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*

**Accounting**

Alliant Corporation sold $100,000,000 face value 8% bonds. The bonds mature in 20 years and pay interest semiannually. The going market rate of interest on bonds of similar risk is 6%. How much will Aliant receive upon the sale of the bonds
*May 1, 2013 by Jessica*

**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!*

**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*

**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*

**ALGEBRA**

7300 @ 7% COMPOUNDED SEMIANNUALLY FOR 3 YRS
*May 18, 2013 by PHIL*

**Business Finance**

In 9 years, Rollo Company will have to repay a $100,000 loan. Assume a 6% interest rate compounded quarterly. How much must Rollo Company pay each period to have $100,000 at the end of 9 years?
*May 5, 2013 by D Johnson*

**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*

**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*

**please check my answers**

1. $5000.00 compounded annually at 6% for 5 years= Answer $6,691.13? 2. $5000.00 compounded quartley at 6% for 5 years= Answer $6,719.58? 3. $5000.00 compounded quartley at 65 FOR 5 YEARS= Answer $6,734.28? 4. $5000.00 compounded annually at 6% FOR 6 YEARS= Answer $7,092.60...
*January 29, 2010 by Nashea*

**finance**

$11,000, invested for 9 years at 3% compounded quarterly.
*April 23, 2014 by Ernie*

**Math**

$1,000 in seven years at 8% compounded quarterly.
*July 4, 2014 by High*

**math 11**

25,000 compounded for four years at a rate of 3.3%???
*October 10, 2014 by carey*

**Algebra**

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.
*January 24, 2011 by Jen*

**math**

A & B Antiques issued the following bonds: Date of issue and sale: April 1, 20-1 Principal amount: $430,000 Sale price of bonds: 100 Denomination of bonds: $1,000 Life of bonds: 10 years Stated rate: 8%, payable semiannually on September 30 and March 31 Prepare journal entries...
*March 14, 2014 by lol*

**Business math**

Jimmy wants to buy a jeep in 5 years. If his bank pays 12% interest compounded annually, what must jimmy deposit today to have 15,000 in 5 years?
*December 10, 2013 by Geia*

**Calculus**

How do I solve for the investment of 20,000 with an interest rate of 7.5 compounded annually for 10 years? This is what I have so far and I don't know if I'm using the right formula. n=10 and I=r=0.075 A=P(1+i)n =20,000(1+0.075)10 This is where I'm stuck
*September 8, 2014 by Sheila*

**business math 205**

Calculate the future ANNUITIES DUE. Round to the nearest cent when necessary. Annunity Payment:($3,000)Payment Frequency: Every (6) months Time Period Yrs: (5) Nominal Rate%: (10)Interest Compounded: Semiannually Future Value Of The Aunnuity Is What?
*June 25, 2011 by James*

**math**

Jeanette wishes to retire in 30 years at age 55 with retirement savings that have the purchasing power of $300,000 in today’s dollars. 1. If the rate of inflation for the next 30 years is 2% per year, how much must she accumulate in her RRSP? 2. If she contributes $3000 at the...
*May 2, 2014 by nikki*

**business math-73**

Use the Present Value Table on page 358 of your text to compute the present value (principal) for an investment with a compound amount of $20,000, a 30-month term of investment, and a 14% nominal interest rate compounded semiannually. (Points : 2.5)
*October 5, 2013 by Minnie*

**economics**

Determine the sum of money that must be invested today at 9% interest compounded annually to give an investor annuity (annual income) payments of $5,000 per year for 10 years starting 5 years from now.
*June 7, 2012 by sam*

**Math (Asap)**

1. A 3,500.00 principal earns 3% interest, compounded semi annually. After 20 years, what is the balance in the account A. 7,700.00 B. 4,713.99 C. 5,600.00 D. 6,349.06 2. A boat costs 92,000.00 and depreciates in value by 15% per year. How much will the boat be worth after 10 ...
*February 12, 2015 by Tia*

**algebra**

3. Suppose a student wants to be a millionaire in 40 years. If she has an account that pays 8% interest compounded monthly, how much must she deposit each month in order to achieve her goal of having $1,000,000? What is the present value of this annuity?
*October 11, 2011 by beech*

**Algebra**

Suppose a student wants to be a millionaire in 40 years. If she has an account that pays 8% interest compounded monthly, how much must she deposit each month in order to achieve her goal of having $1,000,000? What is the present value of this annuity?
*December 7, 2011 by Anonymous*

**algebra**

Suppose a student wants to be a millionaire in 40 years. If she has an account that pays 8% interest compounded monthly, how much must she deposit each month in order to achieve her goal of having $1,000,000? What is the present value of this annuity?
*December 8, 2011 by Blanca*

**math**

Suppose a student wants to be a millionaire in 40 years. If she has an account that pays 8% interest compounded monthly, how much must she deposit each month in order to achieve her goal of having $1,000,000? What is the present value of this annuity?
*June 23, 2013 by nikki*

**math**

Suppose a student wants to be a millionaire in 40 years. If she has an account that pays 8% interest compounded monthly, how much must she deposit each month in order to achieve her goal of having $1,000,000? What is the present value of this annuity?
*June 23, 2013 by nikki*

**Algebra please help**

$11,000, invested for 9 years at 3% compounded quarterly.
*April 23, 2014 by Ernie*

**Compound interest**

Hello My teacher skipped over this and I have no clue how to do this or the equations. Help would be wonderful thank you If 6000 dollars is invested in a bank account at an interest rate of 10 per cent per year, find the amount in the bank after 15 years if interest is ...
*May 12, 2012 by someone*

**Math**

Lee Holmes deposited $16,600 in a new savings account at 9% interest compounded semiannually. At the beginning of year 4, Lee deposits an additional $41,600 at 9% interest compounded semiannually. At the end of year 6, what is the balance in Lee’s account? I have tried and I ...
*October 15, 2011 by Lydia*

**More Math**

There have been about two years before the birth of Christ for every 3 years of history in all. If 4,000 years passed before Christ's birth, what is the total number of years in history? (Years BC)/(Years AD + Years BC) = 2/3 4000 y = (2/3)(Years AD + Years BC) 6000 y = (Years...
*March 7, 2007 by Jenna*

**math **

serena wants to borrow $15000 and pay it back in 10 years. the bank gives her 2 options 1: borrow the money at 10% compounded quarterly for the full term option 2: borrow the money at 12%compounded quarterly for 5 years and after 5 years that interest rate will be 6% ...
*January 14, 2016 by Anonymous*

**Business Math**

1. Lee Holmes deposited $16,700 in a new savings account at 6% interest compounded semiannually. At the beginning of year 4, Lee deposits an additional $41,700 at 6% interest compounded semiannually. At the end of year 6, what is the balance in Lee’s account? 2.Bill Moore is ...
*October 29, 2013 by Lara*