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August 23, 2014

Search: $5,000 compounded semiannually at 6% for 5 years

Number of results: 18,162

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

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

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
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

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

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!

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

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

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

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

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

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

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

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 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!

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

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

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 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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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
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

Finance
You are currently investing your money in a bank account which has a nominal annual rate of 8 percent, compounded annually. If you invest $2,000 today, how many years will it take for your account to grow to $10,000?
December 12, 2010 by Anonymous

Maths
Peter invests $12500 for 5 years at 12 percent per annum,compounded monthly foe the first two years, and 14 percent per annum compounded simiannually for the next three years. How much will Peter receive after five years?
April 30, 2011 by Randi

math
Can someone please double check my answers. 1. What pattern does the logarithmic function exhibit? a. y = b+a(lnx) b. y = a+b(lnx) c. y = ax+b d. y = axb I think A and B both look right..I just went with B. 2. Let f(x) = log6x and g(x) = log1/2x. For all x>1, f(x)>g(x) ...
June 18, 2013 by mysterychicken

Math
Can someone please double check my answers. 1. What pattern does the logarithmic function exhibit? a. y = b+a(lnx) b. y = a+b(lnx) c. y = ax+b d. y = axb I think A and B both look right..I just went with B. 2. Let f(x) = log6x and g(x) = log1/2x. For all x>1, f(x)>g(x) ...
June 18, 2013 by mysterychicken

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

Math
How many compounding periods are in a 5 year loan compounded semiannually? (a) 10 (b) 5 (c) 2.5 (d) 15 (e) 20
November 3, 2011 by James

Math
How many compounding periods are in a 5 year loan compounded semiannually? (a) 10 (b) 5 (c) 2.5 (d) 15 (e) 20
November 3, 2011 by James

math
$12000 at 6% compounded semiannually what is value after 21 yrs?
January 30, 2013 by Anonymous

Calculus Please help!
If 7000 dollars is invested in a bank account at an interest rate of 7 per cent per year. A) Find the amount in the bank after 6 years if interest is compounded annually? B) Find the amount in the bank after 6 years if interest is compounded quaterly? C) Find the amount in the...
February 21, 2014 by ALI

calculus
3. A deposit of ___(i)___is made into an account paying an interest rate of 5% compounded annually. How many annual payments of ___(iii)___can be made from this account? a) (i)$100,000 (ii)$10,000 b) (i)$200,000 (ii)$20,000 c) (i) 10x (ii) x d) (i) 10x (ii) x at r% compounded ...
June 1, 2011 by erica

science
suppose you have 100grams of radioactive plutonium-239 with a half-life of 24,000 years. how many grams of plutonium-239 will remain after: A)12,000 years B)24,000 years C)96,000 years how do i do this??????
September 10, 2007 by matt

MATHEMATICS
Suppose you won a contest at 9th grade start that deposited $3,000 in an account that pays 5% annual interest compounded continuously. You go to college for four years (four years later). How much will you have then?
January 21, 2013 by Chencho el chancho choncho

maths-urgently needed
A man invests Rs 3,20,000 for 2 years at 12.5% p.a. compounded annually. If the income tax at the rate of 20% is deducted at the end of each year, on interest accrued, find the amount he received at the end of 2 years.
February 10, 2013 by Anonymous

MTH 156
Southwest Cleaners believes that it will need new equipment in 10 years. The equipment will cost $26,000. What lump sum should be invested today at 8% compounded semi-annually, to yield $26,000?
November 26, 2010 by Dazed and confused

calc2
At what constant, continuous annual rate should you deposit money into an account if you want to have $1,000,000 in 25 years? The account earns 5% interest, compounded continuously. Round to the nearest dollar.
May 16, 2011 by CJ

accounting
The market interest rate for Christian Charities is 8% on January 1, 2008. On that day, Christian Charities issued the following bonds. A. $500,000 7-year 7% bond B. $300,000 10-year 9% bond For both bonds, interest is paid semiannually on June 30 and December 31 each year up ...
April 23, 2012 by kayla

math
Yumi's grandparents presented her with a gift of $11,000 when she was 8 years old to be used for her college education. Over the next 9 years, until she turned 17, Yumi's parents had invested her money in a tax-free account that had yielded interest at the rate of 5.5%/year ...
December 9, 2013 by Jarrod

Math
What is the final amount if you earn 5% interest compounded annually on $31,000 for 29 years
October 22, 2010 by Anthony

Math
How much is $20,000 compounded annually at 6% for 35 years? Thank you. Please show solution
August 2, 2013 by Leah

present value
The present value P that will amount to A dollars in n years with interest compounded annually at annual interest rate r, is given by P = A (1 + r) -^n. Find the present value that will amount to $50,000 in 20 years at 8% compounded annually.
July 14, 2008 by Don

business math
The parents of a child have just come into a lare inheritance and wish to establish a trust fund for the child's college education. If they estimate that they will need $100000 in 13 years, how much should they set aside in the trust now if they can invest the money at 8.5% ...
February 14, 2011 by msh

Math
If 3000 dollars is invested in a bank account at an interest rate of 6 per cent per year, find the amount in the bank after 12 years if interest is compounded annually Find the amount in the bank after 12 years if interest is compounded quaterly Find the amount in the bank ...
July 13, 2011 by tony

Math! plz help!
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. I solved for both which i got aFV= $10483.34 bFV= $16322.67 to get this ...
April 21, 2010 by Thara!

math
The Derr-McGee Manufacturing Company plans to build a new $50,000 warehouse seven years from now. They plan to accumulate the $50,000 in an account before beginning construction. If money is worth 7% compounded annually, how much must each year?s deposit be in order to ...
August 1, 2011 by anonymous##

math
find the present value of the following future amount. 600,000 at 6% compunded semiannually for 25 years what is the present value
April 23, 2013 by stacy

accounting
Adam place RM2, 000 in a saving account paying 5% interest compounded annually, how much will Adam account accrue to in a)10 years b)15 years
January 27, 2013 by Lily

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? what is the cash equivalent savings by picking the better plan?
September 28, 2011 by sabrina

math
at the end of every 3 months, Rita deposits $100 into an account that pays 5% compounded quarterly. After 5 yrs, she puts the accumulated amount into a certificate of deposit paying 8.5% compounded semiannually for 1 yr. when this certificate matures, how much will Teresa have...
March 27, 2011 by ash

MAAAATTTTHHHHHH
Franco invests some money at 6.9%/a compounded annually and David invests some money at 6.9%/a compounded monthly. After 30 years, each investment is worth $25 000. Who made the greater original investment and by how much?
May 26, 2012 by Maame

Math
Mr. Nielson wants to borrow $1,000 for 2 years. He is given the choice of i) simple interest at 12%, or ii) a loan at 10% compounded monthly. Which loan results in less interest due ? b) What interest rate compounded quarterly will give an effective interest rate of 7% ?
September 15, 2011 by Nieda

Mathematics
In the problems 1 to 3, find the present value of the given (ordinary) annuity. 1. $3500000 every 6 months for 5 years at the rate of 16% compounded semi-annually. 2. $7000000 per month for 10 months at the rate of18% compounded monthly. 3. $1700000 per year for 5 years at the...
June 22, 2010 by Gibbons

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

Math
How much money has to be invested at 4.3% compounded continously to have $19,000 after 16 years
March 28, 2011 by Danny

Math
How much did you invest at 9% compounded bi-weekly if 10 years later the investment is worth $54,000?
March 26, 2011 by Megan

finance
what is the future value of $2,000 in a bank account for 6 years at 4 percent compounded bimonthly
August 1, 2012 by dean

consumer math
The amount that results when $2,000 is compounded at 8% annually over six years
May 7, 2013 by Anonymous

Math
What's the accummulated full amount for a principal of $15,000 for 3 years at 4% compounded semi annually?
July 17, 2013 by Lander

Math
What should I invest now to have $15,000 in 12 years at a compounded monthly rate of 1.6%?
July 17, 2013 by Tim

math
Suppose 48,000 is invested at an interest rate of 4.2%, compounded quarterly. What will the account be in 10 years?
March 25, 2014 by Anonymous

College Math
In a suburb, housing costs have been increasing at 5.2% per year compounded annually for the past 8 years. A house worth $260,000 now would have had what value 8 years ago?
September 21, 2012 by Fernando

business math
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? What is the cash equivalent savings by picking the better plan?
September 28, 2011 by sabrina

financial
Determine the amount of money in a saving account at the end of five years, given an initial deposit of $5,000 and a 12 percent annual interest rate when interest is compunded a) annually b) semiannually c) quarterly
November 2, 2009 by Anonymous

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
Suppose that $200 was deposited on 1st Jan 2000 into an account that earned 5% interest compounded semiannually. Suppose further that $200 was deposited on 1st Jan 2001 into a different account that earned 6% interest compounded semiannually. In what month of what year will ...
February 19, 2012 by Seth

Math
A 30 year fixed rate $100,000 mortgage loan . The interest rate is 7.5% compounded monthly.After 20 years the bank is making an offer to refinance at a lower rate of 4.5% . The estimated closing costs are $3,000?
December 12, 2011 by wen

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