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July 24, 2014

Search: Mr. Nailor invests $5,000 in a money market account at his local bank. He receives annual interest of 8% for 7 years. How much return will his investment earn during this time period?

Number of results: 18,012

accounting
Mr. and Mrs. Garcia have a total of $ 100,000 to be invested in stocks, bonds, and a money market account.The stocks have a rate of return of 12%/ year, while the bonds and the money market account pay 8% and 4%/ year, respec-tively. They have stipulated that the amount ...
July 21, 2010 by Anonymous

Maths
Mr Srinivasan invests $55 000 in a fixed deposit account. The interest rate is 3.3 % per year. How much money will he have in the account after 1 year?
October 4, 2012 by Zayn

math
Sam opened a money-market account that pays 2% simple interest. He started the account with $7,000 and made no further deposits. When he closed the account, he had earned $560 in interest. How long did he keep his account open?
October 31, 2013 by Lexi

Finance
If I had put 50,000 dollars away today in some kind of cd or money market account, and did not touch it or the interest for 20 yrs, how much money would I have, same ? with 80,000 please help
April 15, 2010 by samantha

Algebra
A mother wants to invest 8,000 dollars into her child's college fund. She invests a portion of the money into a CD account which earns 4% interest, and the remainder into a savings bond which earns 7% interest. If the total interest earned after one year is $480.00, how much ...
June 1, 2014 by Amber

Algebra Grade 7
You invest $275.00 in a money-market account that pays simple interest at a rate of 10%. How long must you leave your investment in the money-market account if you expect to earn $27.50 in interest? A year? How do I work it?
October 18, 2012 by rawr... im a dinosaur.... rawr

intermediate algebra
A woman has a total of $9,000 to invest. She invests part of the money in an account that pays 5% per year and the rest in an account that pays 10% per year. If the interest earned in the first year is $650, how much did she invest in each account?
February 9, 2014 by zerick

Math
A company invests $15,000.00 in an account that compounds interest annually. After two years, the account is worth $16,099.44. Use the function in which r is the annual interest rate, P is the principal, and A is the amount of money after t years. What is the interest rate of ...
March 15, 2013 by carmelo

Algebra
A company invests $15,000.00 in an account that compounds interest annually. After two years, the account is worth $16,099.44. Use the function in which r is the annual interest rate, P is the principal, and A is the amount of money after t years. What is the interest rate of ...
May 8, 2014 by Anonymous

math
...A woman has a total of $9,000 to invest. She invests part of the money in an account that pays 5% per year and the rest in an account that pays 12% per year. If the interest earned in the first year is $730, how much did she invest in each account?
February 5, 2012 by sally

math
A woman has a total of $9,000 to invest. She invests part of the money in an account that pays 5% per year and the rest in an account that pays 12% per year. If the interest earned in the first year is $730, how much did she invest in each account?
February 6, 2012 by sally

Algebra Question~!
A company invests $15,000.00 in an account that compounds interest annually. After two years, the account is worth $16,099.44. Use the function in which r is the annual interest rate, P is the principle, and A is the amount of money after t years. What is the interest rate of ...
May 5, 2014 by Gabby

math
A mother wnats to invest $6,000 for her son's future education. She invests a portion of the money in a bank certificate of deposit which earns 4% and the remaainder is a savings bond that earns 7%. If the total interest earned after one year is $360.00, how much money was ...
November 17, 2012 by Mark

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

Kirr
Mike would like to have $25,000 in 4 years to pay off a balloon payment on his business mortgage . His money market account is paying 1.825% compounded daily. disregarding leap years, how much money must mike put in his account now to achieve his goal? Round nearest whole dollar.
June 2, 2014 by math HELP!! please

MATH HW HELP!!
Mike Gioulis would like to have $25,000 in 4 years to pay off a balloon payment on his business mortgage. His money market account is paying 1.825% compounded daily. Disregarding leap years, how much money must Mike put in his account now to achieve his goal? Round to the ...
May 20, 2014 by Eli

Pre-Algebra
Three individuals form a partnership and agree to divide the profits equally. X invests $9,000, Y invests $7,000, Z invests $4,000. If the profits are $4,800, how much less does x receive compared to having the profits divided in proportion to the amounts invested by X, Y, and...
June 14, 2010 by Steve

math
Linda invests $15,000 in a retirement account that pays 9%interest compounded monthly. How much will she have in this account after 5 years?
December 13, 2008 by Blake

MATH
Please help check my answers to make sure they are correct. I used the "sinking fund payment and present value of an ordinary annuity" formulas to solve this story problem. Thanks! Story: Naomi Dexter is 20 years old. She decides to investigate several ways to accumulate $1 ...
March 6, 2011 by April

Math
Please help check my answers to make sure they are correct. I used the "sinking fund payment and present value of an ordinary annuity" formulas to solve this story problem. Thanks! Story: Naomi Dexter is 20 years old. She decides to investigate several ways to accumulate $1 ...
March 7, 2011 by April

contemporary math
Quinn and Julius inherited $50,000 each from their great-grandmotherís estate. Quinn invested her money in a 5-year CD paying 1.6% interest compounded semiannually. Julius deposited his money in a money market account paying 1.05% compounded monthly. How much total money will ...
July 4, 2013 by Trish

math,percentage
Mr Srinivasan invests 55000$ in a fixed deposit account.the interest rate is 3.3% per year.how much money will he have in the account after 1year? please show your operations clearly.
February 13, 2012 by kimi

maths
How much money will I need to have at retirement so I can withdraw $60,000 a year for 20 years from an account earning 8% compounded annually? a. How much do you need in your account at the beginning b. How much total money will you pull out of the account? c. How much of that...
July 18, 2012 by colin

college
how to make a t account for owner invests 100,000 in cash and purchase a 10,000 printer on credit at business inception
April 12, 2010 by julie

college
how to make a t account for owner invests 100,000 in cash and purchase a 10,000 printer on credit at business inception
April 12, 2010 by julie

business
An account at a commercial bank designed for people who want to earn a higher savings rate is a(n) __________ account. A. regular savings account B. regular checking C. share draft D. money market account My answer is D. Am I right?
September 26, 2012 by clara

Alegbra
A mother wants to invest $ 12,000.00 for her sons education. She invests a portion of the money in a bank certificate of deposit (CD Account) which earns 4% and the remain saving bond that earns 7%. If the total interest earned after a year is 720.00, How much invested in the ...
October 6, 2013 by Lisa

Math
formulate but do not solve the linear programming problem. Tracy has at most $200,000 to invest in stocks,bonds, and money-market funds. She expects anual yields of 15%, 10%, and 8%, respectively, on these investments. If Tracy wants at least $50,000 to be invested in money-...
March 1, 2013 by Stacy

Math
A woman has a total of $9000 to invest. She invests part of the money in an account that pays 7% per year and the rest in an account that pays 8% per year. If the interest earned in the first year is $664, how much did she invest in each account?
January 27, 2010 by Amanda

business math
If Naomi invests in a stock portfolio, her returns for 10 or more years will average 10%-12%. Naomi realizes that the stock market has higher returns because it is a more risky investment than a savings account or a CD. She wants her calculations to be conservative so she ...
April 5, 2010 by Heather

business math
If Naomi invests in a stock portfolio, her returns for 10 or more years will average 10%-12%. Naomi realizes that the stock market has higher returns because it is a more risky investment than a savings account or a CD. She wants her calculations to be conservative so she ...
April 5, 2010 by Heather

Algebra
Need help with these 2 please-- 19. Nancy invests $100 in one account for 10 years at a 9% interest rate compounded annually, and she invests $150 in an account for 10 years at a 6% interest rate compounded semi-annually. How much money will she have in the accounts after 10 ...
June 14, 2010 by mysterychicken

Algebra
Need help with these 2 please-- 19. Nancy invests $100 in one account for 10 years at a 9% interest rate compounded annually, and she invests $150 in an account for 10 years at a 6% interest rate compounded semi-annually. How much money will she have in the accounts after 10 ...
June 14, 2010 by mysterychicken

business math
#3 of case study: If Naomi invests in a stock portfolio, her returns for 10 or more years will average 10%-12%. Naomi realizes that the stock market has higher returns because it is a more risky investment than a savings account or a CD. She wants her calculations to be ...
April 5, 2010 by Heather

Basic Biomechanics
Wendell invests $10,000 in a stock por5tfolio made up of Petroleum Special at $30 per share, Newshoe at $12 per share, and Beans & Sprouts at $2.50 per share. He places 60% of the money in P.S., 30% in N, and 10% in B & S. With market values changing (P.S. down $3.12, N up 80...
September 27, 2013 by Walter

Math
a kind benefactor sets up a prize in an international school. the benefactor donates $10 000. the school invests the money in an account paying 5% interest. if $750 was paid out annually, for how long can the full prize be given out?
June 8, 2011 by Anonymous

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

finite math
Carlos invested $6,000 in a money market mutual fund that pays interest on a daily basis. The balance in his account at the end of 8 mo (245 days) was $6,230.23. Find the effective rate at which Carlos's account earned interest over this period (assume a 365-day year). (Round ...
May 7, 2011 by Amber

Business Math
Quinn and Julius inherited $50,000 each from their great-grandmotherís estate. Quinn invested her money in a 5-year CD paying 1.6% interest compounded semiannually. Julius deposited his money in a money market account paying 1.05% compounded monthly. How much total money will ...
June 27, 2013 by Tee

Finance
Mary just deposited $33,000 in an account paying 7% interest. She plans to leave the money in this account for eight years. How much will she have in the account at the ned of the seventh year?
April 27, 2010 by Unknown

Math
Quinn and Julius inherited $50,000 each from their great-grandmotherís estate. Quinn invested her money in a 5-year CD paying 1.6% interest compounded semiannually. Julius deposited his money in a money market account paying 1.05% compounded monthly. How much total money will...
July 7, 2013 by Missy

Math
a mother wants to invest 5000 for her sons future education. She invests a portion of the money in a bank certificate of deposit which earns 4% and the remainder in a savings bond that earns 7%. If the total interest earned after one year is $300.00,how much money was invested...
January 20, 2013 by Justin

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

math
how much money would have to be invested in an account at 3.98% annual interset to achieve a balance of 25,000 in 17 years if a. The account pays simple interest b. the account compound interest qrtly c. the account compounds interest continuously
January 1, 2011 by rick

algebra
Tasha invests $5,000 annually at 6% and $5,000 annually at 8%. Thomas invests $10,000 annually at 7%. Which statement accurately compares the two investments if interest is compounded annually?
July 7, 2014 by alex

algebra
child is now 3 years old - dad opens account with $10,000 it earns 4.5% annual intrest. a) construct formula (A(t)=Ao(a)^t) b) how much money will be in account when he is 10 years old c) if dad wants account to grow to 100,000 when he is 18 then what should original amount to be
April 5, 2010 by cc

Math
Kent invested $5,000 in a retirement plan.He allocated X dollars of the money to a bond account that earns 4% interest per year and the rest to a traditional account that earn 5% interest per year. 1.Write an expression that represents the amount of money invested in the ...
May 11, 2010 by Shadow

Math
A friend opens a savings account by depositing $1000. He deposits an additional $75 into the account each month. a. What is a rule that represents the amount of money in the account as an arithmetic sequence? b. How much money is in the account after 18 months? Show your work.
January 8, 2014 by Shakira

math
A friend opens a savings account by depositing $1000. He deposits an additional $75 into the account each month. a. What is a rule that represents the amount of money in the account as an arithmetic sequence? b. How much money is in the account after 18 months? Show your work.
January 8, 2014 by Shakira

math
A friend opens a savings account by depositing $1000. He deposits an additional $75 into the account each month. a. What is a rule that represents the amount of money in the account as an arithmetic sequence? b. How much money is in the account after 18 months? Show your work.
January 8, 2014 by Shakira

math
Samantha opened a savings account and deposited some money into the account. The account pays an annual simple interest rate of 5%. After 9 years, the interest earned on the account was $1,800. How much money did Samantha deposit in the account?
December 30, 2012 by Andrea

Personal Finance Concepts
After a protracted legal case, Joe won a settlement that will pay him $11,000 each year for the next ten years. If the market interest rates are currently 5%, exactly how much should the court invest today, assuming end of year payments, so there will be nothing left in the ...
August 26, 2009 by Anonymous

economics
Suppose a persona quits a job paying $40,000 per year and starts a business with $100,000 withdrawn from a money-market account earning 8 percent per year. The implicit cost of the business is ____ for the entrepreneurs time plus _____ for the entrepreneurs funds. Can someone ...
November 2, 2012 by brian

Algebra
I'm really stuck on these 2. Can you please explain the work clearly so that I can understand and find the answer easily, if already not given. Need help with these 2 please-- 19. Nancy invests $100 in one account for 10 years at a 9% interest rate compounded annually, and she...
June 17, 2010 by mysterychicken

personal finance
After a protracted legal case, Joe won a settlement that will pay him $11,000 each year at the end of the year for the next ten years. If the market interest rates are currently 5%, exactly how much should the court invest today, assuming end of year payments, so there will be...
November 10, 2009 by laura

personal finance
A.After a protracted legal case, Joe won a settlement that will pay him $11,000 each year at the end of the year for the next ten years. If the market interest rates are currently 5%, exactly how much should the court invest today, assuming end of year payments, so there will ...
June 20, 2010 by Sandra

Business
A. Joe won a lottery jackpot that will pay him $12,000 each year for the next ten years. If the market interest rates are currently 12%, how much does the lottery have to invest today to pay out this prize to Joe over the next ten years? B. Mary just deposited $33,000 in an ...
October 12, 2008 by Julie

Linear Programming
I need help formulating a LP model to solve this question. "An investment company helps a client with 300,000 dollars to invest into 3 funds. At least 10% must be invested in a Growth and Income fund and at least 20% must be invested in a money market fund. The client has a ...
November 5, 2006 by Andy

College level math
Suppose you deposit $100 in an account that earns 0.5% each month. You make no withdrawals from the account and deposit no more money into the account. How much money will you have in the account after 4 years?
January 24, 2009 by Steph

math
A mother wants to invest $9,000.00 for her sonís future education. She invents a portion of the money in a bank certificate of deposit (Cd account) which earns 4% and the remainder in a saving bond that earns 7%. If the total interest earned after one year is $540.00, how much...
March 9, 2011 by MARIAH

finance
A self Ėemployed person deposits $3,000 annually in a retirement account(called a Keogh account)that earns 8 percent. a) How much will be in the account when the individual retires at the age of 65 if the savings program starts when the person is age 40? b) How much additional...
April 3, 2011 by Anonymous

finance
A self-employed person deposits $3,000 annually in a retirement account (called a Keogh account) that earns 8 percent. a. How much will be in the account when the individual retires at the age of 65 if the savings program starts when the person is age 40? b. How much ...
November 7, 2013 by Anonymous

Math
Three individuals form a partnership and agree to divide the profits equally. X invests $4,500, Y invests $3,500 and Z invests $2,000. If the profits are $1,500, how much less does X receive than if the profits were divided in proportion to the amount invested?
April 25, 2012 by Jennifer

math
Three individuals form a partnership and agree to divide the profits equally. X invests $4,500, Y invests $3,500 and Z invests $2,000. If the profits are $1,500, how much less does X receive than if the profits were divided in proportion to the amount invested?
September 2, 2013 by asfa

math
Three individuals form a partnership and agree to divide the profits equally. X invests $4,500, Y invests $3,500 and Z invests $2,000. If the profits are $1,500, how much less does X receive than if the profits were divided in proportion to the amount invested?
September 4, 2013 by asfa

aptitude
Three individuals form a partnership and agree to divide the profits equally. X invests $4,500, Y invests $3,500 and Z invests $2,000. If the profits are $1,500, how much less does X receive than if the profits were divided in proportion to the amount invested?
April 29, 2014 by Anonymous

precalculus
the value of a particular investment follows a pattern of exponential growth. In the year 2000, you invested money in a money market account. The value of your investment t years after 2000 is given by the exponential growth model A= 6200e^(0.018(t)). When will the account be ...
April 19, 2013 by Gage

Personal Finance
33,000 was just deposited in an account paying 10% interest, the money will be there for 7 yrs. How much will be in the account in 7yrs
February 16, 2008 by Roe

Basic Biomechanics
Wendell invests $10,000 in a stock portfolio made up of Petroleum Special at $30 per share, New shoes at $12 per share, and Capital beans and Sprouts at $2.50 per share. He places 60 percent of the money in P.S., 30 percent in N, and 10 percent in B & S. With market values ...
September 29, 2013 by Walter

pride
you deposit 7900 in a money market account that pays a intrest rate of 4.3% the intrest is compounded quarterly how much money will you have after 3 years
May 21, 2013 by jamer

Math 109
Your cousin has just won the lottery and wants to create an account that will have $100,000 in 16 years to help pay for their child's college tuition. If the account has a fixed interest rate of 4.6% compounded 4 times each year, how much money should they put into the account?
December 10, 2011 by Haley

Math 109
Your cousin has just won the lottery and wants to create an account that will have $100,000 in 16 years to help pay for their child's college tuition. If the account has a fixed interest rate of 4.6% compounded 3 times each year, how much money should they put into the account?
December 13, 2011 by Julie

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

Personal Finance
1. Joe won a lottery jackpot that will pay him $12,000 each year for the next ten years. If the market interest rates are currently 12%, how much does the lottery have to invest today to pay out this prize to Joe over the next ten years? 2. Mary just deposited $33,000 in an ...
October 11, 2008 by Sue

fin
If you deposit $10,000 in a bank account that pays 10 percent interest annually, how much money will be in your account after 5 year?
August 22, 2007 by baby

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

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

personal finance
Katherine Kosher has determined the following information about her own finansial situation.Her checking account is worth $850, and her savings account is worth $1200.She owns her own home that has a market value of $98,000.She has furniture and appliance worth $12,000 and ...
August 5, 2010 by vedrana

Algebra word problem
please help me with the following: The value of a particular investment follows a pattern of exponential growth. In the year 2000, you invested money in a money market account. The value of your investment t years after 2000 is given by the exponential growth model a=3000e^0....
October 25, 2007 by Soph.

Math(College Algebra)
I'm having trouble how to set up this math problem: Rebecca Herst received a year-end bonus of $17,000 from her company and invested the money in an account paying 6.5%. How much additional money should she deposit in an account paying 5% so that the return on the two ...
September 15, 2010 by Gillian

Finance
Please answer these questions: 1. After a protracted legal case, Joe won a settlement that will pay him $11,000 each year at the end of the year for the next ten years. If the market interest rates are currently 5%, exactly how much should the court invest today, assuming end ...
November 9, 2009 by Ecs

algebra
Delila has $1200 in a saving account and in a checking account. The ratio of money in saving to money in the checking is 3 to 2. Use a system of equation to find how much money is in each account .
April 12, 2012 by unknown

Math
If Brad invests $2700 in an account paying 11% compounded quarterly. How much is in the account after 6 months?
June 14, 2011 by Robert

accounting 205
Net income for the year is $25,000. Withdrawals of $36,000 per were taken at the end of the year. Which of the following occurs? (Points : 1) The Capital account decreases by $22,000. The Capital account decreases by $11,000. The Capital account increases by $11,000. The ...
July 15, 2012 by bernagene

business
. George Wilkins checked the spreadsheet where he keeps track of his assets and liabilities. He discovered that (i) he owes $80,000 on his house, which he believes to be worth $150,000; (ii) his car is worth $20,000, against which there is $2,000 on the remaining bank loan; (...
April 17, 2011 by Susana

pre calc
An initial investment of $12,000 is appreciated for 5 years in an account that earns 7% interest, compounded quarterly. Find the amount of money in the account at the end of the period
June 10, 2010 by joanie

math
How much more money would I have if I invested $14,000.00 for 8 years at 6.4% in an account that compounded annually rather than in an account that just earned simple interest? Why is this?
August 23, 2010 by jessica

Macroeconomics
If it looks like a bank won't meet the Federal Reserve Bank's reserve requirement, normally it will first turn to the: A) other member banks and borrow at the federal funds rate. B) Fed and borrow at the discount rate. C) open market and borrow money there. D) Congress to ...
June 7, 2010 by Steve An

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 ...
April 25, 2011 by Sabrina

algebra
In printing an article of 48,000 words, a printer decides to use two sizes of type. Using the larger type, a printed page contains 1,800 words. Using a smaller type, a page contains 2,400 words. The article is allotted 21 full pages in a magazine. How many pages must be in ...
March 5, 2010 by Raphael Martins

Quantitative methods
Allen must decide whether to invest $10,000 in the stock market or in a certificate of deposit (CD) at an interest rate of 9%. If the market is good , he believes that he could get a 14% return on his money. With a fair market, he expects to get an 8% return. If the market is ...
January 17, 2008 by Quenice

math
If $3,000.00 is deposited into an account paying 4% interest compounded annually (at the end of each year), how much money is in the account after 2 years? (Round to the nearest cent.) A)
August 19, 2007 by sandy

Math
If $3,000.00 is deposited into an account paying 3% interest compounded annually (at the end of each year), how much money is in the account after 4 years? (Round to the nearest cent.)
May 26, 2008 by Jennifer

math
If $3,000.00 is deposited into an account paying 3% interest compounded annually (at the end of each year), how much money is in the account after 4 years? (Round to the nearest cent.)
July 25, 2009 by Jean

math
If $3,000.00 is deposited into an account paying 3% interest compounded annually (at the end of each year), how much money is in the account after 4 years? (Round to the nearest cent.)
May 8, 2010 by Sawa

Finance
Now that you have a full time job you are ready to start investing for retirement. Your corporation will match 50 cents of each dollar that you put in your 401K account up to the first $7,000. You have altogether $15,000 that you can afford to save this year. How should you ...
December 19, 2013 by Heather

math
danny has a money market account with $1,200. the bank offered him a special rate of 5.25% per month. how much money will danny have after the first month
August 5, 2010 by justin

MATH
DANIEL HAS A MONEY MARKET ACCOUNT WITH %1,200. THE BANK OFFERED HIM A SPECIAL RATE OF 5.25% PER MONTH. HOW MUCH MONEY WILL DANIEL HAVE AFTER THE FIRST MONTH?
July 14, 2011 by ROSE

Finance
7. Today you open a bank account and make a deposit of $6,000. Then you make the following deposits: in t=1 you deposit $6,500, in t=2 $45,000, in t=3 nothing, in t=4 nothing, in t=5 $7,000, in t=6 $8,700. You made your last deposit of $34,000 in t=7. Then, in t=10, you use ...
April 14, 2010 by Dantavis

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