Wednesday
January 28, 2015

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: 31,779

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

College Algebra
Suppose that you invest $6,000 at 2% interest compounded continu- ously. How much money will be in your account in 5 years?
December 1, 2011 by Ddog

Finance
The Carter Company's bond mature in 10 years have a par value of 1,000 and an annual coupon payment of $80. The market interest rate for the bond is 9%. What is the price of these bonds The coupon rate on the bond, (interest/principal at maturity) = 8% Since prevailing market ...
February 14, 2007 by Dee

Problem Solving
Johnny has two bank accounts. One pays 7% interest and the other pays 10% interest. A total of $25,000 invested in the two accounts. Last year he earned $2,200 in interest on two accounts. How much money does he have in each account? define variables and write out a system of ...
February 15, 2010 by Wejie

Please Help!!!! Maths
In order to earn $1,000 in interest over 2 years at an annual rate of 4%, how much principal must be put into a saving account?
April 3, 2013 by Jeconiah

Math
Henry invests $5,000 in a mutual fund with an annual interest rate of 7.5%. He also has a 4-yr, $10,000 loan at 3.75%. When will the amount of interest earned on the mutual fund be equal to the amount of interest paid on the loan?
May 23, 2011 by Branson

MATH HELP ASAP!
Randee invested $1000 for college in an account earning 5% simple interest. When she withdrew the investment, she had earned a total of $550 in interest. How long was the money invested? A 9 years B 10 years C 11 years D 12 years
December 9, 2014 by DerpyPegasus33

finance
company starting salary 75,000 retirement benefits 401k with annual contribution of 5% company will match 3% (for max contribution of 8% salary) avg 401k return within mutual fund options at 8% per year sign on bonus 0 annual bonus after 2 years of service annual bonus of $...
November 11, 2013 by marissa

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

Compund Interest
Bobby needs to save $10,000 for school in the next two years. He found a bank that offers a 10% interest rate compounded annually. What does he need to deposit at the beginning of the year to have enough money for school?
July 26, 2013 by Wendy

Finance
You can deposit 10,000 into an account paying 9% annual interest either today or exactly 10 years from today. How much better off will you be at the end of 40 years if you decide to make the initial deposit today rather than 1o years from today?
September 16, 2011 by Sky

Math
Bill has a savings account in Sierra Bank and earns interest at 2 1/4%. He is considering moving his business to Coulee Bank to earn 2 11/20% in interest. How much more is the interest rate at Coulee Bank than at Sierra Bank?
March 4, 2014 by Gabby

math
If i put 2,500 in a bank account with 6.5% interest rate 12 years ago,how much will be in the account now?
July 18, 2011 by justina

math
Jose invests $3, 250 at 6% interest compounded annually. What will be the balance in the account after 3.5 years?
April 21, 2014 by Moby

Calculas HS
continous compounding you have $1000 wiht which to open an account to which you plan also to add $ 1000 per year. all funds in the account will earn 10% annual interest compounded continously. if the added deposits are also credited to your account continously, the number of ...
January 27, 2009 by may

Fin Acct.
if you deposit money today in an account that pays 6.5% annual interest, how long will it take to double your money?
July 31, 2010 by Gene

Finance
What is the nominal annual financing cost of a 9-month, $200,000 discounted bank loan at a stated annual interest rate of 10%
December 9, 2009 by Myrtis Edwards

Finance
Kim has money in a savings account that earns an annual interest rate of 4.1%, compounded monthly. What is the effective rate of interest on Kim's account? Round to the nearest hundredth of a percent.
April 2, 2014 by Lynn

Math
How much money should be invested at an annual interest rate of 6.2% compounded continuously, to be worth at least $58,000 after 13 years.
November 13, 2011 by MARY

Accounting. Present Value.
Suppose you want to have $5,000 saved at the end of five years. The bank will pay you 2% interest on your money. How much would you have to deposit today to have the $5,000 you want at the end of five years.
February 4, 2014 by Margaret

Finance
You deposit a single amount of $50,000 in a savings account that pays 7.6% annual interest (compounded quarterly). How much will you have at the end of four and a half years?
February 1, 2011 by FinanceQ

Personal Finance
NEED HELP IMMEDIATELY, HAVE UNTIL 10P.M. CENTRAL TO HAVE ANSWERS?? 1.Determining the Future Value of Education. Jenny Franklin estimates that as a result of completing her master’s degree, she will earn $6,000 a year more for the next 40 years. a.What would be the total amount...
January 29, 2011 by Marie

Accounting
Suppose you want to have $5,000 saved at the end of five years. The bank will pay 2% interest on your money. How much would you have to deposit today to have the $5,000 you want at the end of five years?
February 4, 2014 by Alicia

Precalculus
NEED HELP ASAP PLEASE!! A savings account starts with $600 and pays 5% interest per year, compounded four times per year. a) A function that models the amount in dollars in the bank account after m years is A(m)=____________? b) How much will be in the savings account after 3 ...
March 4, 2010 by jh

math
A business is taking alon to buy equipment. the loan is 40,000, set at 4% interest and will be paid off in 12 years. the bank wants to save the business money by calculatine the interst on a Remainin-Balance basis in case he pays it off early The annual paymentis assumed to be...
November 26, 2012 by Susan

Personal Business Concepts
Bernie and Pam brittten are a young couple beginning careers and establishing a household. They will each make about $50,000 next year and will have accumulated $40,000 to invest, they now rent an apartment but are considering purchasing a condominium for $100,000. If they do ...
June 22, 2008 by Jessie

Finance
Grasshopper Inc issued 20 years, noncallable, 7.8% annual coupon bonds at their par value of $1,000 one year ago. Today, the market interest on these bonds is 5.5%. What is the current price of the bonds, given that they now have 19 years to maturity?
November 4, 2013 by granann

college algebra
John invests $2500 in an account that pays a rate r compounded annually. If after 2 years the total interest earned is $650, find the approximate rate of interest
November 12, 2012 by Anonymous

math
How many years will it take to reach 18600 if Tina invests 1000 in an account that pays 6.5 percent interest?
January 7, 2013 by thomas

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
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
If C dollars are deposited in an account paying r percent annual interest, the amount after x years is A+C(1+r)*. Approximate the amount in the account after x years, when C=$100.00, r=19%, and x-15 years.
April 29, 2012 by ANGEL

algebra
Solve the problem. Helen Weller invested $15,000 in an account that pays 12% simple interest. How much additional money must be invested in an account that pays 15% simple interest so that the total interest is equal to the interest on the two investments at the rate of 13%?
March 8, 2009 by mark

math
Imagine a local bank representative is assisting you with establishing an account. The account you two are discussing has an APR of 6.5%. Determine the APY with quarterly compounding and with monthly compounding. How does changing the compounding period affect the annual yield?
January 28, 2012 by netta

Math
A man invests $5500 dollars in three accounts that pay 5%, 8%, and 9% in annual interest respectively. He has two times as much money invested at 9% as he does at 8%. If the total interest earned for the year is $449, how much is invested at 5%?
October 26, 2012 by Giselle

math
We deposited 7,500 dollars into a savings account which pays 3.6 percent annual interest, compound quarterly.How long after the money is deposited will the account balance be 9,750 dollars?What initial deposit will generate a balance of 12000 dollars in exactly 4 years and 6 ...
September 28, 2010 by nesha

algebra 2
You have $22 in your bank account, and you deposit $11.50 per week. Your cousin has $218 in his bank account and is withdrawing $13 per week. The graph of this problem situation intersects at x=8. What does this mean? A. In 8 weeks, you will have triple the amount of money in...
October 29, 2013 by hannah

math
a mother wants to $9000 for her son's future education. She invested a portion of the money in a bank certificate(CD account) which earns 4% and the reminder in a savings bond that earns 7%. If the total interest earned after one year is $540, how much money was invested in ...
September 3, 2012 by KaRon

Intermediate Accounting
E6-5 Mike Finley wishes to become a millionaire. His money market fund has a balance of $92,296 and has a guarateed interest rate of 10%. How many years must Mike leave that balance in the fund in order to get his disired $1,000,000? I am getting $9,229.60 and know this is not...
January 30, 2011 by Lori

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?
April 17, 2011 by yenny

math
Mr. Wilson invested money in two accounts. His total investment was $40,000. If one account pays 4% in interest and the other pays 8% in interest, how much does he have in each account if he earned a total of $2,720 in interest in 1 year?
October 14, 2011 by chanell

pre algebra 6th grade
Tara's bank account contains $250.00. She made only one deposit exactly one year ago. The bank account pays a simple interest rate of 8%. How much money did Tara deposit in the account one year ago?
December 7, 2010 by Suzanne

finance management
John Roberts has $42,180.53 in a brokerage account, and he plans to contribute an addtional $5,000.00 to the account at the end of the year. the brokerage account has an expected annual return of 12%. If John's goal is to accumulate $250,000.00 in the account, how many years ...
January 10, 2008 by cj

math
A company will need 55,000 for a new addition. To meet this goal the company deposits money in an account today that pays 5% interest annual compound quarterly. to meet this goal in five years what would the company need to deposit today?
December 18, 2014 by Michelle

finance
John Roberts has $42,180.53 in a brokerage account, and he plans to contribute an additional $5,000 to the account at the end of every year. The brokerage account has an expected annual return of 12 percent. If John’s goal is to accumulate $250,000 in the account, how many ...
January 22, 2008 by tippy

percentage
If I put $5,000 in a CD for a miniumum of 3 years, the bank will offer 3.25% interest. How much interest will I earn after 6 years?
August 31, 2008 by Valerie

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

math
Shane invests $7,000 in bonds that earn simple interest of 3%. The interest is payable at the maturity of the bonds after 5 years. Find the total amount that Shane will receive at the end of 5 years.
January 25, 2012 by kim

math
Shane invests $7,000 in bonds that earn simple interest of 3%. The interest is payable at the maturity of the bonds after 5 years. Find the total amount that Shane will receive at the end of 5 years
September 5, 2012 by cathy

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

Discrete Mathematics
You expect to receive payments of $1,000 at the end of the next three years with an annual interest rate of 5%. How much is the money worth today?
July 30, 2013 by Joy

algebra
If x dollars is deposited every four weeks (13 times a year) into an account paying an annual interest rate r, expressed in decimal form, then the amount An in the account after n years can be approximated by the formula .If $45 is deposited every four weeks into an account ...
May 21, 2013 by Anonymous

Math
A man invests his savings in two accounts, one paying 6% and the other paying 10% simple interest per year. He puts twice as much in the lower-yielding account because it is less risky. His annual interest is $11000 dollars. How much did he invest at each rate?
August 20, 2012 by NotGonnaSay

easy geometry
Can you please show you solution and final answer here. Thanks! 1.Find the altitude,perimeter and area of an isosceles trapezoid whose sides have lengths 10 cm, 20 cm, 10 cm and 30 cm. 2. The formula A=P(a+r)^2 is used to find the amount of money A in an account after P pesos ...
December 14, 2014 by cyrus

finances
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? Mary just deposited $33,000 in an account ...
April 30, 2007 by Tina

Calculus - Compound Interest
Recently, a certain bank offered a 10-year CD that earns 8.93% compounded continuously. a) If $20,000 is invested in this CD, how much will it be worth in 10 years? Ans: I used the formula A = Pe^(rt) to get the answer $48,848.92 b)How long will it take for the account to be ...
November 3, 2013 by Cal

Accounting
Target Company issues bonds with a par value of $900,000 on their stated issue date. The bonds mature in 10 years and pay 10% annual interest in semiannual payments. On the issue date, the annual market rate for the bonds is 12%. What is the selling price of the bond
April 15, 2014 by help

Finance
If you deposit $4,000 at the end of each of the next 20 years into an account paying 11.2 percent interest, you will have $ in the account in 20 years. How much will you have if you make deposits for 40 years? $
July 10, 2010 by Carla

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

Math Check!!
Annual deposits of $3150 are made into a bank account earning 4 % interest per year. Round all answers to two decimal places (a) What is the balance in the account right after the 15th deposit if interest is calculated annually? For this I know the formula is A = P(1 + R/N)^Nt...
December 12, 2014 by Jessie

math
How much would you need to deposit in an account now in order to have $20,000 in the account in 4 years? Assume the account earns 5% interest.
July 17, 2012 by Anonymous

maths
How much would you need to deposit in an account now in order to have $20,000 in the account in 4 years? Assume the account earns 5% interest.
July 18, 2012 by colin

accounting
The Bean Company makes a sale with an invoice price of $97,000 on 10/1/14. The note is due on 10/1/17. There is no interest rate stated in the note. The market rate for similar notes is 10%. Assume annual compounding of interest. Prepare the journal entries for 10/1/14, 12/31/...
January 19, 2015 by scott

UIC
Bernie and Pam Britten are a young married couple beginning careers and establishing a household. They will each make about $50,000 next year and will have accumulated about $40,000 to invest. They now rent an apartment but are considering purchasing a condominium for $100,000...
May 4, 2009 by Mizzy Kay

calculus
v(t)= Ce^(k(square root(t)) Suppose that the dealer, who is 25 years old, decides to sell the card at time , sometime in the next 40 years: 0< or equal to t < or equal to 40. At that time , he’ll invest the money he gets for the sale of the card in a bank account that ...
May 23, 2012 by lyna

Finance
Anna has been saving $450 in her retirement account each month for the last 20 years and plans to continue contributing $450 each month for the next 20 years. Her account has been earning a 9 percent annual interest rate and she expects to earn the same rate for the next 20 ...
October 13, 2014 by Stovall

Finance
Anna has been saving $450 in her retirement account each month for the last 20 years and plans to continue contributing $450 each month for the next 20 years. Her account has been earning a 9 percent annual interest rate and she expects to earn the same rate for the next 20 ...
October 13, 2014 by Dashawn

Finance
Anna has been saving $450 in her retirement account each month for the last 20 years and plans to continue contributing $450 each month for the next 20 years. Her account has been earning a 9 percent annual interest rate and she expects to earn the same rate for the next 20 ...
October 13, 2014 by Dashawn

math
Calculate the interest earned on a savings account with $900.00 that is invested at 4% annual simple interest for 5 years?
November 30, 2012 by !!PLEASE ANSWER!!! now plzzz

math
How much money would have to be deposited into a compound interest savings account earning 5% each year in order to accumulate $10,000 in 18 years?
February 23, 2013 by Don

Math
Brian invests $4,000 at 12% interest compounded quarterly for 12 years.
December 24, 2014 by Dena

MATH
Five years ago, you bought a house for $151,000, with a down payment of $30,000, which meant you took out a loan for $121,000. Your interest rate was 5.75% fixed. You would like to pay more on your loan. You check your bank statement and find the following information: Escrow ...
August 12, 2012 by TRAY

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

Finance
Suppose your bank account will be worth $4,200.00 in one year. The interest rate (discount rate) that the bank pays is 5%. What is the present value of your bank account today?
March 7, 2012 by j

Finance
Suppose your bank account will be worth $4,200.00 in one year. The interest rate (discount rate) that the bank pays is 5%. What is the present value of your bank account today?
March 7, 2012 by j

accounting
A new company called Bloomner construct, buys and sells furniture. During January the following happens: 1. The owner of the company pays in $50 000 into the cash, as starting capital. 2. The bank grants the company a bank loan of $40 000, the interest is 15 % annually and the...
October 27, 2009 by Micky

Personal Finance
Bernie and Pam Britten are a young married couple beginning careers and establishing a household. They will each make about $50,000 next year and will have accumulated about $40,000 to invest. They now rent an apartment but are considering purchasing a condominium for $100,000...
August 30, 2007 by Nicole

PERSONAL FINANCE
Bernie and Pam Britten are a young married couple beginning careers and establishing a household. They will each make about $50,000 next year and will have accumulated about $40,000 to invest. They now rent an apartment but are considering purchasing a condominium for $100,000...
August 31, 2007 by JERYL

Personal Finance
Bernie and Pam Britten are a young married couple beginning careers and establishing a household. They will each make about $50,000 next year and will have accumulated about $40,000 to invest. They now rent an apartment but are considering purchasing a condominium for $100,000...
January 15, 2009 by Bill

Finance
Mrs. Smith borrowed $20,000 from Last National Bank. She will repay the loan with 5 annual payments and her interest rate is 14%. a) Find the amount of her annual payments. b) What is her loan balance after she has made her 3rd annual payment?
February 8, 2010 by Mary

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

algebra
Tom invests $10,000 into two accounts, one paying 2% interest per year and the other paying 5% interest per year. He invested 3 times as much in the account paying 5% than in the account paying 2%. how much interest will he ear in one year?
November 12, 2014 by Taylor

ALGEBRA
If $450 is invested in an account that earns annual interest of 3.5%, compounded semiannually, what will the account balance be after 15 years? (Round your answer to the nearest cent.)
November 26, 2011 by Daniel

math
If you have a savings of $2235 and deposit the amount into an account that pays 2% annual interest, compounded monthly, what is the balance in the account after 4 years?
December 16, 2011 by Vanessa

ALGEBRA
If $835 is invested in an account that earns annual interest of 4.5%, compounded semiannually, what will the account balance be after 13 years? (Round your answer to the nearest cent.)
April 29, 2012 by Mike

ALGEBRA
If $835 is invested in an account that earns annual interest of 4.5%, compounded semiannually, what will the account balance be after 13 years? (Round your answer to the nearest cent.)
April 29, 2012 by Mike

ALGEBRA
If $835 is invested in an account that earns annual interest of 4.5%, compounded semiannually, what will the account balance be after 13 years? (Round your answer to the nearest cent.)
May 19, 2012 by Monic

Algebra
If $625 is invested in an account that earns annual interest of 5.5%, compounded semiannually, what will the account balance be after 8 years? (Round your answer to the nearest cent.)
May 28, 2012 by Diane

math
If $425 is invested in an account that earns annual interest of 7.5%, compounded semiannually, what will the account balance be after 11 years? (Round your answer to the nearest cent.) $ 1
August 20, 2012 by Anonymous

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

algebra 1
You deposit $70 in a savings account that pays an annual interest rate of 3%. How much simple interest would you earn in 2.5 years?
October 8, 2010 by peaches

MINE Math
16. Calculate the interest earned on a savings account with $800.00 that is invested at 5% annual simple interest for 5 years. (1 point)
December 6, 2012 by Milly

math
How much money would need to be deposited into an account earning 5.75% interest compounded annually in order for the accumulated value at the end of 25 years to be $85,000?
January 17, 2013 by Keysha Williams

Algebra
following the birth of his son, ben deposits $35,000 in a college trust fund where interest is 8.9% compounded semiannually. find the amount of money in the account at t= 2.5, 4 and 6 years
April 28, 2014 by Ced

math
A local bank offers an investment option with a simple interest rate of 3.60% per annum. If you invest $3200.00, how much interest will you earn in 7 years?
June 4, 2014 by Synthia

Engineering Economy
Compare the following alternatives on the basis of their capitalized cost at an interest rate of 10% per year. Petroleum Based Feedstock First cost, $ -250000 Annual operating cost, $/year -130000 Annual revenues, $/year 400,000 Salvage value, $ 50,000 Life,years 6 Inorganic-...
October 1, 2008 by Maria

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

math
A company will need 50,000 in 6 years to add a new addition. To meet this goal a company depsoits money in account that pays 7% annual intrest quarterly. Find the amount that should be deposit today to reach the goal of 50,000 in 6 years. How much should the company deposit ...
December 10, 2014 by Madison plz help!!!

Math
“On Monday afternoon Kelly withdrew 5% of the balance of her bank account to loan her friend some money. On Tuesday morning she deposited $100 into her bank account. She now has $25 more than she did on Monday morning. How much was in her bank account Monday morning?”
July 10, 2011 by Poochie

Fiancial Management
You decide to purchase a building for $30,000, you put $5,000 down payment. The banks offers you a 15 yr mortgage requiring annual end of year payments of $3,188. The bank also requires you to pay a 3% loan originatio fee. Compare the annual % rate of interest on this loan.
August 3, 2008 by Tuty

Pages: <<Prev | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | Next>>

Members