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April 23, 2014

Search: Compounded Interest

Number of results: 2,009

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

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

Algebra
compounded semi-annually A = 20 000(1.0225)^12 = 26 121.00 compounded quarterly ... you do it compounded monthly .... you do it compounded continuously A = 20 000(e^(.045(6)) = 26 199.29
Sunday, December 12, 2010 at 12:58pm by Reiny

PreCalc
Which investment option will pay the most interest? A. 12.6% compounded annually B. 12.4% compounded semiannually C. 12.2% compounded quarterly D. 12.0% compounded continuously E. These investments all pay the same amount of interest.
Monday, October 4, 2010 at 10:51pm by BJ

Math
Which of the following options has the highest APY: a 6.25% APR compounded yearly, a 6.2% APR compounded monthly, or a 6.1% APR compounded continuously?
Wednesday, October 3, 2012 at 10:07pm by Rose

compounded interest
5.3% annual rate compounded semi-annually is the same as (1+.053/2)² =1.05370 =5.370% compounded annually compounded monthly (6 times for semi-annual), (1+.053/2) = (1+r)^6 r=((1.0265)(1/6)-1)*6 =5.242409%
Thursday, July 30, 2009 at 5:33pm by MathMate

Math
you deposit $1000 at 3% per year.what is the balance at the end of one year,and what is the annual yield,if the interest.Please help solve the problem. Simple interest? Compounded annually? Compounded quarterly Compounded daily
Thursday, April 14, 2011 at 10:45am by Mike

Math
you deposit $1000 at 3% per year.what is the balance at the end of one year,and what is the annual yield,if the interest.Please help solve the problem. Simple interest? Compounded annually? Compounded quarterly Compounded daily
Thursday, April 14, 2011 at 2:16pm by Mike

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

MatHematics
After a 20 year period Josh's lump sum investment matures to an amount of R313550. How much did he invest if his money earned interest at a rate of 13,65% p.a compounded half yearly for the first 10years ,8,4% p.a compounded quarterly for the next five years and 7.2 p.a ...
Friday, August 16, 2013 at 12:02pm by Nomuntle...Mphela

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

math
3.8% compounded daily ---> (1+.038/365)^365 = 1.038729 4.1% compounded monthly --> (1 + .041/12)^12 = 1.041779 4.5% compounded quarterly --> (1 + .045/4)^4 = 1.045765
Wednesday, November 17, 2010 at 9:58am by Reiny

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, (...
Monday, January 10, 2011 at 9:06pm by Bryan

bus math
Is this simple interest or compounded? If compounded, how? Yearly, quarterly, annually ?
Sunday, February 6, 2011 at 12:16am by helper

Finite Math
Determine which is the better investment. 6.8% compounded semiannually or 6.6% compounded quarterly?
Monday, February 18, 2013 at 4:58pm by Matt

Math
What is the difference between the interst on a loan being compounded daily @9% and compounded yearly @ 9%?
Thursday, April 5, 2012 at 8:29pm by Floyd

Finance
Is the interest compounded? Compounded daily, quarterly, yearly, etc ?
Tuesday, February 1, 2011 at 3:28pm by helper

compounded interest
A bank offers a rate of 5.3% compounded semi-annually on its four year GICs(Guaranteed Investment Certificates). What monthly and annually compounded rates should it quote in order to have the same effective interest rate at all three nominal rates?
Thursday, July 30, 2009 at 5:33pm by Thara

College Algebra
bank a is lending money at 5.7% interest compounded annually. The rate at bank b is 5.6% compounded monthly, and the rate at bank C is 5.65% compounded quarterly. Which bank will you pay the least interest?
Wednesday, April 25, 2012 at 12:34pm by Justin

MATH
What is the balance if principal is $4,800, for 5 years at yearly rate of 6%, and the compounded interest is the n=∞ [compounded continuously]?
Sunday, May 20, 2012 at 4:00am by Sandra

finance
You have found three investment choices for a one year deposit: 10% APR compounded monthly, 10% APR compounded annually, and 9% APR compounded daily. Compute the EAR for each investment choice. Assume that there are 365 days in the year.
Monday, July 12, 2010 at 10:29pm by Andrea

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

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
Compounded how often? If only compounded annually, which is rare these days, the answer is 100*(1.03)^15 = $155.80 assuming the deposit was made on or just before Jan 1, 1996, 15 years ago. If the interest is compounded monthly (180 times), the answer is 100*(1.0025)^180 = $...
Monday, January 3, 2011 at 7:10pm by drwls

math
compare the annual percentage yield for three banks. Bank 1 offers an APR of 3.8% compounded daily; bank 2 offers an APR of 4.1% compounded monthly; bank 3 offers an APR of 4.5% compounded quarterly
Wednesday, November 17, 2010 at 9:58am by geri

finance
Calculate the rate of interest compounded yearly (j) equivalent to 8% pa compounded quarterly. Give your answer as a percentage per annum to 3 decimal places.
Saturday, April 24, 2010 at 10:25am by Michelle

compounded continously
Wnat to have $60,000 in an account after 40 years. How much needs to be deposited inthe APR is 16.3% compounded daily?
Monday, April 11, 2011 at 10:39am by Anonymous

Calc
How much money will we have in 6 months if we invest $1000 into an account earning 8% compounded continuously? How long will it take the $1000 to double? What is the effective rate for 8% compounded continuously that would produce the same accumulated amount after 1 year as 8...
Sunday, July 15, 2012 at 11:20pm by Rita

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...
Tuesday, June 22, 2010 at 3:45am by Gibbons

compounded interest
calculate the future value of an investment of $8,500 if it is to be invested for 9 years at an interest rate of 6.1%, compounded quarterly.
Saturday, November 13, 2010 at 10:24am by tom

cal
future value compounded continuously is B(t)=P(1+r/k)^kt and the present value compounded continuosly is P(T)=B(1+r/k)^-rt True or false and why
Monday, April 14, 2014 at 11:03pm by rystal

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

compounded continously
A saving account earns 4.3% compounded continously. How much needs to be deposit for a $12,000 after 3 years?
Monday, April 11, 2011 at 10:42am by Anonymous

value of money
Which is a better rate of interest, 16% compounded quarterly or 16 1/4% compounded semi-annually?
Friday, July 8, 2011 at 2:55pm by nmh

NONE
Well, it cannot be answered as is. One needs to know if the interest is compounded, or not, and how often compounded, and finally, the interest rate.
Thursday, March 12, 2009 at 11:28am by bobpursley

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) ...
Tuesday, June 18, 2013 at 6:42pm 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) ...
Tuesday, June 18, 2013 at 9:25pm by mysterychicken

math
What would be the compounded interest on $8,000 invested for onr year AT 6%, compounded quarterly? Round your answer to the nearest dollar. Please explian how you got your answer thanks
Friday, November 9, 2007 at 10:19am by Anonymous

eng economic
State the mount accumulated by each of the following present investment (i) RM7000 in 8 year at 9% compounded annually (ii) Rm1250 in 12 years at 4% compounded annually
Tuesday, December 18, 2012 at 4:46pm by anne

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

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

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...
Friday, February 21, 2014 at 11:29pm by ALI

Compound Interest
for the rate compounded monthly equivalent to a rate of 5.3% compounded semi-annually : let the monthly rate be i then (1+i)^12 = (1 + .053/2)^2 , take √ (1+i)^6 = 1.0265 , now take the 6th root 1+i = 1.004368675 so i = .004368675 so the annual rate is 12(.004368675) = ....
Friday, July 24, 2009 at 1:25am by Reiny

Math
That is the amount compounded annually. Compounded monthly you get 5000(1+.12/12)^(12*5) = 9083.43
Sunday, July 8, 2012 at 12:58am by Steve

Math
One reason I'm leery of this question is "6% compounded monthly". If that's supposed to mean 6% per month, which is what it seems to mean, it's a crazy interest rate, over 100% p.a. (3% compounded daily is even crazier! Waay crazier!) a. Anyway, in general, if you have x% ...
Tuesday, October 20, 2009 at 7:59pm by jim

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

math
Find the present value of $31,000 due in 4 yr at the given rate of interest. (a) 6%/year, compounded quarterly $ ? (b) 3%/year, compounded quarterly $ ?
Friday, November 23, 2012 at 11:34pm by Amanda

math
Find the present value of $31,000 due in 4 yr at the given rate of interest. (a) 6%/year, compounded quarterly $ ? (b) 3%/year, compounded quarterly $ ?
Sunday, November 25, 2012 at 1:01am by Amanda

math
Find the present value of $31,000 due in 4 yr at the given rate of interest. (a) 6%/year, compounded quarterly $ ? (b) 3%/year, compounded quarterly $ ?
Monday, November 26, 2012 at 1:05pm by Amanda

math
compounded- what would be the amount of compound interest on $12,000 invested for one year at 6%, compounded quarterly? round your answer to the nearest tenth. could you show me the work please ? i had $737.00 is that answer correct?
Tuesday, November 13, 2012 at 12:20pm by linda

Math
Need help solving this problem. If there's an equation at the end, need help in how to solve that also. Compounded interest problem. Principal $825. Rate 4%. Compounded Annually. Time 10 years.
Wednesday, February 9, 2011 at 12:22am by J

Math
Find the effective rate corresponding to the given nominal rate. (Round your answer to the nearest hundredth of a percentage point.) (a) 4%/year, compounded quarterly ? % (b) 3%/year, compounded monthly ? %
Friday, November 23, 2012 at 11:21am by Amanda

Math
Find the effective rate corresponding to the given nominal rate. (Round your answer to the nearest hundredth of a percentage point.) (a) 4%/year, compounded quarterly ? % (b) 3%/year, compounded monthly ? %
Friday, November 23, 2012 at 11:24am by Amanda

math
Find the effective rate corresponding to the given nominal rate. (Round your answer to the nearest hundredth of a percentage point.) (a) 7%/year, compounded daily % (b) 6%/year, compounded monthly %
Tuesday, November 27, 2012 at 3:35pm by Ashton

math
Suppose that you have $12,500 to invest over a 4 year period. There are two accounts to choose from: 4.5% compounded monthly or 4.3% compounded continuously. a. Write the formula for the first account’s compound interest for n compounding per year. b. Write the formula for the...
Wednesday, October 3, 2012 at 8:51pm by bob

Math
When no other info is given, you can start with an arbitrary amount, say $1000, or simply $1. The question reduces to: In how many years will $1 grow to $4 if the interest is compounded continuously at 7.1% p.a. The accumulation function for interest compounded continuously is...
Monday, May 31, 2010 at 3:18pm by MathMate

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
fiona invested $1000 at 6% compounded continuously. at the same time, maria invested $1100 at 6% compounded daily. how long will it take for their investments to be equal in value? step by step please!
Tuesday, November 27, 2012 at 3:10pm by Katharine

math
fiona invested $1000 at 6% compounded continuously. at the same time, maria invested $1100 at 6% compounded daily. how long will it take for their investments to be equal in value? step by step please!
Tuesday, November 27, 2012 at 3:10pm by Katharine

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 ...
Saturday, May 12, 2012 at 3:28am by someone

word problem
If the interest is compounded annually, why would you divide .02 by 365 ? That would make it " compounded daily". According to your first sentence .... amount = 1000(1.02)^20 = $1485.95
Tuesday, September 17, 2013 at 9:55pm by Reiny

Investing
Interest of 12% per year compounded monthly is roughly equivalent to an interest rate of 12.68% per year compunded yearly when using the formula: A=p(1+r/n)^nt If you solve the problem the two are equal; how can you derive 12.68% compounded yearly from 12% per year compounded ...
Thursday, March 27, 2008 at 6:12pm by Viktor

Algebra II
Investment companies usually do not deal in continuous compounding of interest, usually they are quoted as compounded annually, compounded semi-annually, compounded monthly or something like that. let's assume an annual interest rate, so we would have 3 = (1+i)^12 take 12th ...
Tuesday, May 25, 2010 at 6:15pm by Reiny

Please help me with Finance !
The above is interest compounded monthly. Here it is compounded annually. 200*18=LAMT(1+.12)^1.5=LAMT*1.185 lamt= 3600/1.185=3037.21
Friday, October 14, 2011 at 8:25pm by bobpursley

math
a sum of Rs.8000 generates Rs.1261 as compounded interest in 03 years interest compounded annually. The rate of compound interest is
Saturday, June 22, 2013 at 4:03pm by Anonymous

math
A lender gives you a choice between the following two 30-year mortgages of $200,000: Mortgage A: 6.65% interest compounded monthly, one point, monthly payment of $1283.93 Mortgage B: 6.8% interest compounded monthly, no points, monthly payment of $1303.85 Assuming that you can...
Friday, December 7, 2012 at 3:51pm by Logan

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 ...
Wednesday, July 13, 2011 at 8:33pm by tony

compounded interest
$10,000 deposited into savings account day Katie was born 18th birthday 6.5% compounded monthly how much in the account on 18th birthday
Thursday, July 30, 2009 at 5:33pm by Mary

pre calculus
Which is worth more after 5 years, an investment of $1000 at 5% interest compounded semi - annually(twice a year). or an investment of $1000 at 5% interest compounded continuously?
Saturday, February 8, 2014 at 10:03pm by Raju

investing
It depends upon how much was deposited each of the four times, what time the deposits were made (at the same time, monthly, quarterly, annually), and if the 5.7% interest is simple or compounded. If compounded is it daily, quarterly, monthly, just what?
Tuesday, July 21, 2009 at 12:01pm by DrBob222

Finances and Math
I will do this one: "$5,000 compounded quarterly at 6% for 5 years" Amount = 5000(1.015)^20 = .... notice the value of i is .06/4 (compounded quarterly) and n = 5*4 = 20, the number of quarter years. Do the others the same way
Thursday, February 18, 2010 at 4:11pm by Reiny

math modeling
Suppose that you invested $1,442 at the annual rate of 4.60% compounded continuously, and your friend invested $885 at the annual rate of 6.35% compounded quarterly. In how quarters will your friends investment exceeds yours?
Tuesday, October 25, 2011 at 4:09pm by math

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.
Wednesday, April 21, 2010 at 10:13pm by Thara!

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

algebra- Help fast
use the compound interest formula A=P(1+r/n)^nt and A=Pe^rt to solve 1-Find the accumulated value of an investment of $5000 at 9% compounded continuously for 6 years. 2-Find for an investment of $700 at 16% compounded quarterly for 2 years.
Tuesday, March 3, 2009 at 12:11pm by anonymous

Calculus :)
If 8000 dollars is invested in a bank account at an interest rate of 10 per cent per year, find the amount in the bank after 11 years if interest is compounded annually ____ Find the amount in the bank after 11 years if interest is compounded quaterly ____ Find the amount in ...
Monday, August 22, 2011 at 11:42pm by Brit

math
Sally invests some money at 65/a compounded annually. After 5 years . she takes the principal and interest and reinvests it all at 7.2%/a compounded quarterly for 6 more years. At the end of this time, her investment is worth $ 14 784.56 . How much did Sally originally invest?
Wednesday, January 18, 2012 at 4:07pm by Annie

math
Sally invests some money at 65%/a compounded annually. After 5 years . she takes the principal and interest and reinvests it all at 7.2%/a compounded quarterly for 6 more years. At the end of this time, her investment is worth $ 14 784.56 . How much did Sally originally invest
Wednesday, January 18, 2012 at 8:05pm by Emma

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...
Friday, January 29, 2010 at 6:44pm by Nashea

algebra
Find the future value of an ordinary annuity. Payments are made and interest is compounded as follows: R=600 7% interest compounded quarterly for 5 years I set this up as follows and still am getting the wrong answer: 500 (1.07)^5-1/0.07 Please help!!
Thursday, December 15, 2011 at 9:04am by Beth

Math
Serena wants to borrow $15 000 and pay it back in 10 years. Interest rates are high, so the bank makes her two offers: • Option 1: Borrow the money at 10%/a compounded quarterly for the full term. • Option 2: Borrow the money at 12%/a compounded quarterly for 5 years and then ...
Sunday, May 20, 2012 at 4:59pm by Maame

geometry
What you've done is correct if it is compounded annually. The question specifies compounded monthly. What you need to do is to divide the interest into monthly interest rate, namely R=1+0.08/12 and compound it over n=9*12=108 periods. It will increase the final amount by about...
Saturday, April 16, 2011 at 10:24pm by MathMate

College Algebra and Finance
Please help! Just need the answer... A lender gives you a choice between the following two 30-year mortgages of $200,000: Mortgage A: 6.65% interest compounded monthly, one point, monthly payment of $1283.93 Mortgage B: 6.8% interest compounded monthly, no points, monthly ...
Friday, December 7, 2012 at 4:00pm by Logan

math
On July 1, 1996, Anna invested $2000 in an account that earned 6%/a compounded monthly. On July 1, 2001, she moved the total amount to a new account that paid 8%/a compounded quarterly. Determine the balance in her new account on January 1, 2008.
Wednesday, January 26, 2011 at 3:16pm by Emily

Math
On July 1, 1996, Anna invested $2000 in an account that earned 6%/a compounded monthly. On July 1, 2001, she moved the total amount to a new account that paid 8%/a compounded quarterly. Determine the balance in her new account on January 1, 2008.
Wednesday, January 26, 2011 at 5:57pm by Emily

math & finance
A bank offers a rate of 5.3% compounded semi-annually on its four year GICs(Guaranteed Investment Certificates). What monthly and annually compounded rates should it quote in order to have the same effective interest rate at all three nominal rates?
Wednesday, July 29, 2009 at 10:29pm by Thara

Math
In case you ever come back to this, I just saw MathMate answering the same question, but reading "6% compounded monthly" as "6% _per annum_ compounded monthly". This makes it a whole different question, and incidentally brings the interest rates back into the land of the normal.
Tuesday, October 20, 2009 at 7:59pm by jim

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...
Sunday, March 27, 2011 at 8:04pm by ash

math
a) 1150 dollars invested at 9% annual interest rate (compounded yearly) or b) 1475 invested at 6% annual interest (compounded yearly) after When would the two investments have equal value?
Friday, January 25, 2013 at 12:39pm by Jackie

math
A deposit of $2,000 earns interest at a rate of 14% compounded quarterly. After two and a half years the interest rate changes to 13.5% compounded monthly. How much is in the account after six years?
Monday, July 18, 2011 at 11:53pm by Anonymous*

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

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...
Friday, January 29, 2010 at 8:28pm by Nashea

math
An amount of $3000 was deposited in a bank at a rate of 2% annual interest compounded quarterly for 3yrs. The rate then increased to 3% annual interest and ws compounded quarterly for the next 3 yrs. If no money was withdrawn what was the balance at the end of this time?
Sunday, April 17, 2011 at 2:00pm by yenny

value of money
A deposit of $2,000 earns interest at a rate of 14% compounded quarterly. After two and a half years the interest rate changes to 13.5% compounded monthly. How much is in the account after six years?
Friday, July 8, 2011 at 2:55pm by nmh

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?
Saturday, May 26, 2012 at 11:05am by Maame

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
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/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

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