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November 20, 2014

Search: Compounded Interest

Number of results: 6,639

Finance
An investment pays 9 percent interest compounded semi-annually. What is the effective annual interest rate?
January 31, 2013 by Tanya

math
What is the answer to financial polyminals P= 5670 + r = 3.5% P dollars is invested at annual interest interest is compounded semiannually
August 2, 2013 by mary

math
The Sandersons are planning to refinance their home. The outstanding principal on their original loan is $100,000 and was to amortized in 240 equal monthly installments at an interest rate of 11%/year compounded monthly. The new loan they expect to secure is to be amortized ...
September 23, 2014 by Anonymous

math
The Sandersons are planning to refinance their home. The outstanding principal on their original loan is $110,000 and was to amortized in 240 equal monthly installments at an interest rate of 11%/year compounded monthly. The new loan they expect to secure is to be amortized ...
November 3, 2014 by clare

Compounded Interest
) An investment of $37,000 was deposited in the bank. Interest was computed on a semiannual basis and was kept there for 10 years. If the maturity value of this investment is $74,000, at what interest rate was it invested?
November 21, 2010 by Anonymous

12th grade Math - word problems
#1.) The population of bacteria after t hours is given by P(t) = 500/(1+83.33e^-0.162t) a.) What is the initial population? b.) When will the amount of bacteria in the population be 12? #2.) Which investment yields the greater amount after 4 years? a.) $900 at 9% interest ...
September 20, 2010 by Jamie

math
find how much interest $15,000 earns in two years in a certificate paying 4.5% interest compounded quarterly?
February 24, 2011 by laz

Math
Find how much interest $15,000 earns in 4 years in a certificate of deposit paying 8.5% interest compounded quarterly.
June 13, 2012 by Amanda

math
you deposit $2200 in an account that pays 3% interest, after 15 years you withdraw, what is the balance if the interest is compounded continuously
November 29, 2012 by Michelle

maths
At what rate of interest per annum, the amount ` 10, 000/- will be doubled in 5 years, interest being compounded quarterly?
September 29, 2013 by partha

account
at what rate of interest per annum,the amount of 10000 will be doubled in 5 years,interest being compounded quarterly
November 7, 2013 by ajaykumar

math
at what rate of interest per annum,the amount of 10000 will be doubled in 5 years,interest being compounded quarterly
November 7, 2013 by ajaykumar

math
Brianna invests $3,500, at 12% interest, compounded quarterly for 1 year. Manually calculate the compound interest for this investment.
April 3, 2014 by tota

Math
Find how much interest $25,000 earns in 4 years in a certificate of deposit paying 8.5% interest compounded quarterly.
September 13, 2014 by Josh

TU
what is the interest of $25,000, invested for 7yrs at 7% interest compounded
September 5, 2011 by CC

Finite Math
The Sandersons are planning to refinance their home. The outstanding principal on their original loan is $110,000 and was to amortized in 240 equal monthly installments at an interest rate of 11%/year compounded monthly. The new loan they expect to secure is to be amortized ...
November 3, 2014 by Clare

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
November 9, 2007 by Anonymous

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.
June 5, 2011 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.
April 8, 2013 by Keresha

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
A $20,000 deposit was placed in a bank paying 5.75% interest compounded quarterly. After 12 months, how much interest was earned.
January 25, 2013 by Jim

algebra
If $6,000 is placed in an account with an annual interest rate of 3%, how long will it take the amount to triple if the interest is compounded annually?
March 19, 2013 by alana

investing
Lily invests $4,000, at 6% interest, compounded quarterly for 5 years. Calculate the compound interest for her investment by using Table 11-1.
July 6, 2014 by Everett

math
A client comes to you for investment advice on his $500,000 winnings from the lottery. He has been offered the following options by three different financial institutions and requests assistance to help understand which option would be the best for his investment. •Option 1: ...
June 29, 2013 by Anonymous

math
A client comes to you for investment advice on his $500,000 winnings from the lottery. He has been offered the following options by three different financial institutions and requests assistance to help understand which option would be the best for his investment. •Option 1: ...
December 22, 2013 by Amber

Math
A client comes to you for investment advice on his $500,000 winnings from the lottery. He has been offered the following options by three different financial institutions and requests assistance to help understand which option would be the best for his investment. •Option 1: ...
December 23, 2013 by Amber

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
At the end of each quarter, a 50-year-old woman puts $3000 in a retirement account that pays 5% interest compounded quarterly. When she reaches 60, she withdraws the entire amount and places it in a mutual fund that pays 6.9% interest compounded monthly. From then on she ...
November 7, 2010 by dana

Math 20(interest rates)
Determine the amount of interest charged on a loan of $5000 at 6.75% per annum, compounded semi-annually for 3 years.
October 2, 2010 by Sandi

math
you deposit $2200 in an account that pays 3% annual interest. after 15 years, you withdraw the money. what is the balance if the interest is compounded continuously?
January 25, 2012 by sam

math
find the interest rate to the nearest hundredth of a percent that will produce $2500, if $2000 is left at interest compounded semiannually for 4.5 year
October 23, 2012 by amber

math
If $8000 is invested in an account for which interest is compounded continuously, find the amount of the investment at the end of 12 years for the following interest rates. a) 2% b) 3% c) 4.5% d) 7%
February 20, 2014 by Anonymous

Mathematics and investment
1. Angelo wants to renovate his house in 3 years. He estimates the cost 300,000. How much must Angelo invest now at 8% compounded quarterly in order to have 300,000 3 years from now. 2. Angelo Ancis want to save 500,000 in 5.5 years to renovate their rest house. If the bank is...
September 23, 2014 by mezell

math(compunded interest )
6.how long will it take for a sum of money to quadruple at 10 percent compounded annually ? 7. At what rate compounded semi-annually will RM2000 become RM 3500 in five years ?
April 24, 2014 by fizz

finance
14. Assume Julian has a choice between two deposit accounts. Account A has an annual percentage rate of 7.55 percent but with interest compounded monthly. Account B has an annual percentage rate of 7.45 percent with interest compounded continuously. Which account provides the ...
December 30, 2011 by Vaness

math
If the interest on a sum is compounded quarterly, which of the following is necessarily true? a) The effective rate of interest is same for every year. b) The ratio of interest for the (m + 1) th year to m th year will be same as the ratio of interest for the (n + 1) th year ...
February 28, 2014 by Tarun

algebra
If $32,500 is invested at 69% for 3 years find the future value if the interest is compounded the following ways. annually, semiannually, quarterly, monthly, daily, every minute (N-525,600) continuously, simple (not compounded. Thank you for your time.
May 14, 2014 by Mary Ann

Algebra
If $32,500 is invested at 69% for 3 years find the future value if the interest is compounded the following ways. annually, semiannually, quarterly, monthly, daily, every minute (N-525,600) continuously, simple (not compounded. Thank you for your time.
May 15, 2014 by Mary Ann

fc college
Suppose you took loan from a bank of amount 800£ at 8% interest compounded semi-annually for three years. Find the compound interest.
April 23, 2010 by ali

Economics
Suppose you deposit $5,000 in a bank which pays 10 percent interest compounded twice a year. The actual annual interest rate you receive is: a- 10 b-11 c-10.25 d-12
April 19, 2011 by mike

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
September 30, 2013 by india

algebra 2
you deposit $3500 in an account that earns 2.5% annual interest. Find the balance after one year if the interest is compounded with the given frequency.
March 23, 2014 by Nekay

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
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 12, 2011 by Lydia

math
This problem has to do with exponential models. The question says, you deposit $1600 in a bank account. Find the balance after 3 years for each of the following situations. The first one says: 1. The account pays 2.5% annual interest compounded monthly. 2. The account pays 1....
March 9, 2008 by Cecilia

statistics please help!
A total of 8,000 dollars is invested at anunual interest rate of 1%. Find the balance after 1.5 years, if the interest is compounded annually. using A=p(1+r/n)^nt
April 12, 2010 by mark

math
an investor is considering investing £5000 over five years in a scheme which offers compound interest of 3.4% compounded annually. what is the total interest paid.
April 23, 2010 by kenji86

Finance
compound interest earned in an account that opens with $28,000, earns 2.4% interest compounded daily, and is held for 10 years. Assume 360 days in a year
August 1, 2012 by diamond

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?
November 13, 2012 by linda

Math
Jungle Jim owes three debts: $500 due in one year plus interest at 6% compounded semi-annually, $2000 due in two years, $1000 due in three years plus interest at 5% compounded monthly. He wishes to discharge these debts by paying $500 now and two equal but unknown payments in ...
January 20, 2014 by Anonymous

math
Jungle Jim owes three debts: $500 due in one year plus interest at 6% compounded semi-annually, $2000 due in two years, $1000 due in three years plus interest at 5% compounded monthly. He wishes to discharge these debts by paying $500 now and two equal but unknown payments in ...
March 14, 2014 by MathHelp

math
An amount of money is invested at 12%/a interest. Write an equation and solve it to determine the length of time it will take for the original amouunt to double if the interest is compounded annually.
December 3, 2009 by Cyn

Maths
Find the total amount required to pay off a loan of 16000 plus interest at the end of 8 years if the interest is compounded half-yearly and the rate is 14% p.a.
June 18, 2013 by Shane

math
Rob has a balance of 1695$ in his bank account The account pays 2.9% interest per year, compounded annually. The compound interest formula is A=P(1+i)^n A=future value\P=principal/i+interest rate/n=number of payments rods balance will reach 3000$ after how many years?
October 3, 2013 by sam

math
The amount of money in an account with continuously compounded interest is given by the formula A = Pert, where P is the principal, r is the annual interest rate, and t is the time in years. Calculate to the hundredth of a year how long it takes for an amount of money to ...
April 22, 2007 by Greg

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?
April 5, 2013 by Carl

alegbra/stressed
If $32,500 is invested at 6.9% for 3 years. Find the future value if the interest is compounded the following ways: annually, semiannually, quarterly, monthly, daily, every minute (N-525,600), continuously, and simple (not compounded. I don't know to set this up or how to ...
May 17, 2014 by Mary Ann

math 10
Theo deposited $1,250 in a savings account that pays 6% interest, compounded quarterly. What was his balance at the end of the second quarter after the interest had been added?
January 5, 2010 by AR

algebra
Find the amount of compound interest earned in an account that opens with $21,000, earns 4.2% interest compounded daily, and is held for 5 years. Assume 360 days in a year.
July 26, 2011 by MITAL

math
You deposit $2200 in an account that pays 3% annual interest. After 15 years, you withdraw the money, what is the balance if the interest is compounded quarterly? so I figure you would get 2650.00 help please
September 2, 2011 by katie

math
Find the amount of compound interest earned in an account that opens with $23,000, earns 3.3% interest compounded daily, and is held for 25 years. Assume 360 days in a year.
October 27, 2011 by Help

algebra
Find the amount of compound interest earned in an account that opens with $24,000, earns 7.7% interest compounded daily, and is held for 15 years. Assume 360 days in a year.
December 19, 2012 by Anonymous

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 $ ?
November 23, 2012 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 $ ?
November 25, 2012 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 $ ?
November 26, 2012 by Amanda

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.
February 9, 2011 by J

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.
March 4, 2012 by romain

Math
Josh's grandparents established a college fund for him when he was born. They deposited $8,200 into an account that earned 9.88% interest. Assuming Josh goes to college at age 18, how much money will he have if... a) ... the interest is calculated only once during the entire ...
April 13, 2014 by Maii

Personal Finance
Suppose you put in a savings account at an APR of 6% compounded monthly. Fill in the table below rounding your answers to the nearest cent. (Calculate the interest and compound it by hand each month rather than using the compound interest formula.) Month Interest Earned ...
June 8, 2014 by Alexis

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 ...
December 3, 2008 by Kim

Engineering Economics
Hi there, I am having some trouble solving this problem, can you give some guidance as to the solution. What is the amount of 10 equal annual deposits that can provide five annual withdrawals, when a first withdrawal of $1000 is made at the end of year 11, and subsequent ...
January 27, 2009 by Marzi

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

Algebra II
I'm pretty confused about these problems. We're learning growth and decay, but there are quite a few formulas. 1. Suppose $500 is invested at 6% annual interest compounded twice a year. When will the investment be worth $1000? 2. Suppose $500 is invested at 6% annual interest ...
June 8, 2008 by Annie

algebra
In an episode from the TV show Futurama, Phillip J. Fry had $0.93 in his bank account in 2000. In the year 3000 it had grown to $4.3 billion! What was the percent interest rate (to three decimal places) if it had been continuously compounded? What was the percent interest rate...
December 12, 2012 by Andrea

math (interests & percentss)
i need help with these problems below ! mike deposited $500 for 9 months at 8%, compounded quarterly. a. how many times was interest added to mike's account? b. what percent interest was added each time? c. what was the balance in mike's account at the end of 9 months? sara ...
November 18, 2010 by bree

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
you deposit $10000 in an account earning 4% interest compounded monthly. how much will you have in 25 years? how much interest will you earn
July 18, 2012 by Anonymous

Math
$15,000 in the bank at 3% interest, how much would you have in the bank after one year if the interest were compounded quarterly
August 9, 2012 by Trina

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

Math
You deposit $10,000 at 5% per year. What is the balance at the end of one year if the interest paid is (a) simple interest (b) compounded monthly
April 25, 2011 by MIKE.

business maths
an inverstment of 35000 is made for 5 years at 6% interest rate.find its compound interest and compound amount if it is compounded quartely.
May 26, 2011 by rose.m

math
Compute the amount of compound interest earned in 1 year for an investment of $1,000,000 with a nominal interest rate of 8% compounded quarterly
July 3, 2013 by Anonymous

arithmetic
An investment of $2,000 is earning interest at the rate of 6.2% compounded quarterly over 5 years. Approximately how much interest is earned on the investment?
March 21, 2014 by tiffany roberts

calculusI
If $700 is borrowed at 8% interest, find the amounts due at the end of 2 years if the interest is compounded as follows. i know how to solve this problem but i don't know what to plug in for n in the formula for finding the amount quarterly and hourly. plz help
October 16, 2007 by britteny

math
Nazir saved $900 to buy a plasma tv, he borrowed the rest at an interest rate of 18%/a compounded monthy, 2 years later he paid $ 1420.50 for the principal and the interest, how much did the tv originally cost
January 11, 2012 by Annie

interest rate
what must the interest rate be if an investment is to double its value in 15 years, compounded monthly in decimal form, rounded to 3 significant figures
November 13, 2010 by tom

math - earn interest
invest money that pays 6.3% interest/year compounded quarterly. How long should invest if want to double initial investment?
November 7, 2011 by BJ

business math
you deposit $1000 for 4 years at an interest rate of 2% if the interest is compounded quarterly how much would you have at the end of the fours years
January 30, 2013 by Shed

Business Math
Compute the amount of compound interest earned in 1 year for an investment of $1,000,000 with a nominal interest rate of 8% compounded quarterly.
June 27, 2013 by Tee

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

business math
compute the amount of compound interest earned in 1 year for an investment of 1,000,000 with a nominal interest rate of 8% compounded quarterly.
January 13, 2014 by jess

Math
I would like my investment to double in value every 3 years. At what rate of interest would I need to invest it, assuming the interest is compounded continuously?
October 31, 2011 by Brianna

business math/finance
1. If you were to place $15,000 in the bank at 3% interest, how much would you have in the bank after one year if the interest were compounded quarterly?
March 11, 2013 by shaunta

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 ...
October 22, 2009 by HG

Finance
In the following ordinary annuity, the interest is compounded with each payment, and the payment is made at the end of the compounding period. How much must you invest each month in a mutual fund yielding 13.5% compounded monthly to become a millionaire in 10 years? (Round ...
November 15, 2014 by Needs Help

math
You deposit $6,700 in a money-market account that pays an annual interest rate of 3.3%. The interest is compounded quarterly. How much money will you have after 4 years?
February 6, 2013 by kenny

Math
You deposit $6,700 in a money-market account that pays and annual interest rate of 3.3%. The interest is compounded quarterly. How much money will you have after 4 years
April 11, 2013 by Dakota

consumer math
Alisha has a five-year car loan of $15,000 with an interest rate of 6 percent. If the interest is compounded annually, how much will she pay in total for her car?
October 10, 2013 by breanna ambre

math
You deposit $7,900 in a money-market account that pays an annual interest rate of 4.3%. The interest is compounded quarterly. How much money will you have after 3 years?
December 3, 2013 by yo

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