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February 14, 2016

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: 84,981

math
find the average return over the last ten years on a mutual fund . what investment account of 1,000 for 5,10,15,20,25,30,35 and 40 years compound quaretly. is there a point at which the investment appears to grow more quickly
November 28, 2012 by Tonya

Algebra 2
some investments in the stock market have earned 10% annually. At this rate, earning can be found using the formula A=p(1.10)n, where A is the total value of the investment, P is the initial value of the investment, and n is the number of years the money is invested. If $1,5oo...
December 10, 2013 by Cassie

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

MTH 157
A company will need $50,000 in five years for a new addition.To meet this goal the company deposits the money in an account today that pays 4% annual interest compounded quarterly. Find the amount that should be invested to total $50,000 in 5 years. Thanks for the help!
July 31, 2015 by Kim

Kennedy king
2. A $5,000 investment has doubled to $10,000 in ten years. How much longer will it take for the investment to reach $15,000 if it continues to earn the same rate?
October 12, 2014 by D

algebra
An investment of $4600 is made at an annual simple interest rate of 6.8%. How much additional money must be invested at an annual simple interest rate of 9% so that the total interest earned is 8% of the total investment?
September 15, 2014 by tor

math
How much interest is earned from a $3,000 investment at an annual rate of 4% compounded quarterly for 2 years?
July 13, 2009 by Anonymous

math
With income earned by selling the rights to his life story, an actor invests some of the money at 3% and 30,000 more than twice as much at 4%. The total annual interest earned from the investments is $5600. How much is invested at each rate?
April 21, 2010 by zach

geometry
A person deposits $500.00 into a savings account and pays 5% annual interest that is compounded yearly. At the end of the 10 years how much money will be in the savings account ?
December 5, 2011 by Anonymous

Finance
Someone in the 36 percent tax bracket can earn 9 percent annually on her investments in a tax- exempt IRA account. What will be the value of a one- time $ 10,000 investment in 5 years? 10 years? 20 years?
February 19, 2014 by Emmitt

Finance
Seven years ago a semi-annual coupon bond with a 10% coupon rate, $1,000 face value and 15 years to maturity was issued by Corn Inc.. Teddy bought this bond two years ago when the market interest rate was 12%. And now the market interest rate is 5%. If teddy sells the bond now...
November 14, 2012 by Dan

math
Your firm has the option of making an investment in new software that wil cost $130,000 today and is estimated to provide the savings shown in the table over5 years. year savings estimate 1 $35,000 2 50,000 3 45,000 4 25,000 5 15,000 should the firm make this investment if it ...
December 16, 2011 by Vanessa

Finance
Your firm has the option of making an investment in new software that wil cost $130,000 today and is estimated to provide the savings shown in the table over5 years. year savings estimate 1 $35,000 2 50,000 3 45,000 4 25,000 5 15,000 should the firm make this investment if it ...
December 17, 2011 by Vanessa

finance
You will be receiving $5,000 from your family as a graduation present. You have decided to save this money for your retirement. You plan to retire thirty years after graduating. How much additional money will you have at that time if you can earn an average of 9 percent on ...
August 28, 2014 by solooloo

math
a person deposited $500 in a savings account that pays 5% annual interest that is compounded yearly. at the end of 10 years, how much money will be in the savings account? write it in a sequence
August 20, 2012 by Quita

math
lio bought a backpack for $39.95 and 2 belts for $17.99 each. The sales tax is 6.5%. How much did Julio spend for all the items, including tax? A $61.71 B $75.93 C $80.87 D $98.01 Each year on the same day, Susan deposits $275 into a savings account that earns simple interest ...
January 30, 2016 by Anonymous

math
Alice took out a $15,000 loan for college. She is borrowing money from two banks. Bank A charges an interest rate of 6%, and Bank B charges an interest rate of 7%. After one year, Alice owes $960 in interest. How much money did she borrow from Bank A?
October 6, 2014 by Kitty

math
not sure how to solve this problem, Mrs. Smith put $5,000 into a certificate of deposit at the bank that paid 6% interest per year. if the bank paid simple interest on this money, how much would Mrs. Smith earn in a year
April 30, 2013 by sandra

math
not sure how to solve this problem, Mrs. Smith put $5,000 into a certificate of deposit at the bank that paid 6% interest per year. if the bank paid simple interest on this money, how much would Mrs. Smith earn in a year
April 30, 2013 by sandra

Finance
You are 45 years of age and your asporation is to retire in 17 years at age 62. Assume you are about to set up a new retirement savings account at a 4% annual interest rate (APR). Based on how you want to live in retirement, and any other sources of retirement income you have ...
May 23, 2013 by Helpmeplease

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

Math
Joanie takes a $6,000 loan to pay for her car. The annual interest reate on the loan is 12%. She makes no payments for 4 years, but has to pay back all the money she owes at the end of 4 years. How much more money will she owe if the interest compounds quarterly than if the ...
November 21, 2014 by Emily Fisher

math
A bank account earns 10 percent interest compounded continously. What annual amount of money must parents deposit each year in order to save 110000 dollars in 9 years for a child's college expenses? Assume the annual amount is added continuously over the period of each year.
March 14, 2011 by aj

math
a person deposits five hundred dollars in a savings account that pays 5% annual interest that is compounded yearly. At the end of ten years, how much money will be in the savings account?
February 18, 2013 by cynthia

Finance
Your client spends $2000 per month on living expenses, including mortgage on his property worth $800,000, with a balance of $300,000 owing at interest rate of 6%. His current bank deposit is $30,000 and he earns 5% APR on his deposit. He wants to buy a car costing $20,000 with...
April 26, 2012 by romi

Finance
Your client spends $2000 per month on living expenses, including mortgage on his property worth $800,000, with a balance of $300,000 owing at interest rate of 6%. His current bank deposit is $30,000 and he earns 5% APR on his deposit. He wants to buy a car costing $20,000 with...
April 26, 2012 by romi

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

ALGEBRA 1
Cindy will require $15,000 in 2 years to return to college to get an MBA degree. How much money should she ask her parents for now so that, if she invests it at 12% compounded continuously, she will have enough for school?
February 27, 2011 by amber

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

Math
A woman has a total of $10,000 to invest. She invests part of the money in an account that pays 6% per year and the rest in an account that pays 9% per year. If the interest earned in the first year is $750, how much did she invest in each account?
September 30, 2014 by Gabriel

Pre Calculas
If you deposit $5,000 in an account that pays 5% interest compounded annually, how much money will you have in your account at the end of 15 years? Write an exponential function that represents this situation. I got 1,500,000 but im not sure if i did it right and im stuck
November 25, 2015 by Ryan

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

Math
Sam gets deposits a total of $3500 every three months to the bank which earns a 6.5% p/a. After five years how much will he have in his account? Ren wants to buy a new car that costs $26255, so, he would deposit money into his savings account with an interest rate of 3.9% p/a ...
July 13, 2011 by Kate

Finance
You plan to open a retirement account. Your employer will match 50 percent of your deposits up to a limit on the match of $2500 per year. You believe the fund will earn 12 percent per year over the next 30 years, and you will make 30 deposits of $5000, plus 50 percent employer...
February 23, 2013 by katie

algebra 2
If a sum of money is deposited in a savings account that is paying x percent annual interest the this sum of money increases by a factor of(1+x) squared after 2 years. multiply this expression. evaluate the polnomial expression found in part A for an annual interest rate of 50...
April 25, 2012 by scott

Algebra 1
You have $6000 to invest in two stock funds. The first fund pays 5% annual interest and the second account pays 9% annual interest. If after a year you have made $380 in interest, how much money did you invest in each account?
January 21, 2013 by Mbaintu

Finance
Consider the following information and calculate the required rate of return for the Winkler Investment Fund. The total investment fund is $2 million. Stock Investment Beta ----- ---------- ---- A $ 200,000 1.50 B 300,000 -0.50 C 500,000 1.25 D 1,000,000 0.75 The market ...
July 19, 2013 by ahmad

theory of interest
1.Two investments are made at the same time. The first consists of investing 1550 dollars at a nominal rate of interest of 7.9 percent convertible semiannually. The second consists of investing 1450 dollars at a nominal rate of interest of 7.9 percent convertible daily. How ...
October 25, 2014 by ALBERT

Math
Suppose you deposit $400 in an account that earn 0.75 percent each quarter. You make no withdrawal from the account and deposit no mone money into the account. How much money will accumulate after 2.5 years
February 7, 2010 by Anonymous

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
Richard Simons is selling his house. He has a choice of taking $125,000 today or $135,000 in 6 months. If he takes the money today, he can invest it at Valley Bank at 5% interest compounded monthly. a) How much would be in the account after six month if he took the $125,000. b...
April 13, 2014 by M

math
2. Suppose you obtain a $3,000 T-note with a 3% annual rate, paid quarterly, with maturity in 5 years. How much interest will you earn?
July 21, 2015 by Pat

Algebra
Helen invested $14,000 in an account that pays 3% simple interest. How much additional money must be invested in an account that pays 6% simple interest so that the average return on the two investments amounts to 4% ?
June 12, 2014 by Nancy

Financial Risk
You are contemplating the purchase of a 20-year bond that pays $50 in interest each six months. You plan to hold this bond for only 10 years, at which time you will sell it in the marketplace. You require a 12 percent annual return, but you believe the market will require only...
July 8, 2015 by Dustin

Financial Risk
You are contemplating the purchase of a 20-year bond that pays $50 in interest each six months. You plan to hold this bond for only 10 years, at which time you will sell it in the marketplace. You require a 12 percent annual return, but you believe the market will require only...
July 8, 2015 by Dustin

value of money
At what annual nominal rate of interest will $6,900 earn $6,400 interest in five years?
July 8, 2011 by nmh

Social Studies
I was wondering if I could check my answers with someone. I'm a bit confused with interest. I put stars next to the answers I chose. Thank you. An interest rate is a special type of (1 point) loan. **price. bank. service. 2. How does a compound interest rate differ from a ...
November 14, 2012 by Greg

Algebra 2
Suppose you deposit $1500 in a savings account that pays interest at an annual rate of 6%. No money is added or withdrawn from the account. How many years will it take for the account to contain $2500?
June 6, 2012 by Chocolate

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

algebra
grandma ploan to finance her grandchilds college education she has 50,000 to invest use a long range investment pln ,cd,saving bond etc. the plan is to earn compound interest.the principal is(p)50,000 interest rate is (r)3.60years for investment is(6)this is time state number ...
March 5, 2012 by mike

calculus
suppose you invest some money in an account at 6% compounded monthly, after four years you have $8000, how much interest did you earn
July 20, 2012 by jane

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

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

math
1.Julio bought a backpack for $39.95 and 2 belts for $17.99 each. The sales tax is 6.5%. How much did Julio spend for all the items, including tax? A $61.71 B $75.93 C $80.87 D $98.01 2. not posted 3.Each year on the same day, Susan deposits $275 into a savings account that ...
January 30, 2016 by anonymous

calculus
Assume your business associate owes you $13650. Also assume they offer either $12020 now or $ 1950 per year for 7 years, starting now. Assume a 5.6% market interest rate, compounded continuously. How much would you have at the end of 7 years if you choose to take the $12020 ...
September 16, 2010 by molly anne

Math
Find the interest if $ 9,000 is invested at an annual simple interest rate of 8 % for 3 years. Use the formula I = P × R × T , where I is the interest earnings, P is the principal, R is the annual rate and T is the time, expressed in years. (a) $ 216,000 (b) $ 4,216.00 (c) $ 2...
September 15, 2011 by Adam

Finance
You are planning to save for retirement over the next 15 years. To do this, you will invest $1,100 a month in a stock account and $500 a month in a bond account. The return on the stock account is expected to be 7%, and the bond account will pay 4%. When you retire, you will ...
September 19, 2015 by Caroline

matlab
One bank pays 5.5 percent annual interest, while a second bank pays 4.5 percent annual interest. Determine how much longer it will take to accumulate at least $50 000 in the second bank account if you deposit $1000 initially and $1000 at the end of each year. need help writing...
October 29, 2011 by sean

business
Susie has decided to make deposits at the end of each quarter in the amout of $5,000. After three years, she makes more deposits and just lets the money sit there for two more years. What will be the balance in the account at the end of that time? Assume the bank will give her...
July 8, 2013 by mo2

Math
Your Aunt will give your $1,ooo if you invest it for 10 years in an account that pays 20% interest compounded annually. That is, at the end end of each year your interest will be added to your account and invested at 20%. What will your account be worth at the end of 10 years...
August 30, 2006 by Natalie

Algebra
An initial investment of $1000.00 is appreciated for 5 years at 15% interest compounded semiannually. How much money is in the account after the period ends?
July 15, 2011 by Kim

Mathematics
Patrick invests a sum of money for 2.5 years at 12% p.a. compounded monthly. If he earns $11305 after 2.5 years, how much is his investment?
March 26, 2012 by Renee

~~~Math~~~~~~~~
Patrick invests a sum of money for 2.5 years at 12% p.a. compounded monthly. If he earns $11305 after 2.5 years, how much is his investment?
March 27, 2012 by Jessie

algebra
A grandmother is looking for a plan to finance her new grandchild’s college education. She has $25,000 to invest. Search the internet and locate a long-range investment plan, CD, Savings Bond, etc, for the grandmother. The plan is to earn compound interest. Calculate the ...
November 4, 2012 by Kathy

Algebra 2
How much money would you have in 4 years if you deposited $2500 in an account paying 5.5% annual interest, compounded monthly?
February 27, 2013 by Anonymous

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

business finance
If i invested 10,000.00 in a bank CD that pays a 6% annual interest. How much will the CD be worth at the end of five years
February 11, 2013 by elh009

finance
Suppose that you are 25 years old and you have two options to save money for retirement. Plan A allows you to save $3000 per year for the next 20 years, then sit for 20 years and finally draw on it for the following 30 years. Plan B allows you to wait 20 years and save $20,000...
January 15, 2013 by Jessie

Math
A person wants to establish an annuity for retirement purposes. He wants to make quarterly deposits for 20 years so that he can then make quarterly withdrawals of $5,000 for 10 years. The annuity earns 7.32% interest compounded quarterly. A. How much will have to be in the ...
April 21, 2014 by Anonymous

algebra 2
The amount of money in an account with continuously compounded interest is given by the formula A=Pe^rt , where P is the principal, r is the annual interest rate, and t is the time in years. Calculate to the nearest hundredth of a year how long it takes for an amount of money ...
May 27, 2011 by David

algebra
The amount of money in an account with continuously compounded interest is given by the formula A=Pe^rt , where P is the principal, r is the annual interest rate, and t is the time in years. Calculate to the nearest hundredth of a year how long it takes for an amount of money ...
May 27, 2011 by david

Finite math
The manager of a money market fund has invested $4.2 million in certificates of deposit that pay interest at the rate of 5.4%/year compounded quarterly over a period of 5 years. How much will the investment be worth at the end of 5 years?
July 28, 2013 by Brian

Math / Finance
You are planning to save for retirement over the next 15 years. To do this, you will invest $1,100 a month in a stock account and $500 a month in a bond account. The return on the stock account is expected to be 7%, and the bond account will pay 4%. When you retire, you will ...
September 20, 2015 by Caroline

Finite Mathematics
Jessica wants to accumulate $14,000 by the end of 5 yr in a special bank account, which she had opened for this purpose. To achieve this goal, Jessica plans to deposit a fixed sum of money into the account at the end of the month over the 5-yr period. If the bank pays interest...
February 7, 2011 by Salvany

Math [Interest]
Okay, so I've been away from school for three weeks, and we have a math test tomorrow. I only just found out, and my friend emailed me the review questions. If someone could help me out, and show me how to do this, I'd appreciate it. No, I do not want someone to do my homework...
October 20, 2010 by Bob

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

Personal Finance Concept
Bernie and Pam Britten together earn $100,000 a year. They have $40,000 to invest they are considering buying a condo for $100,000 with a required $10,000 down payment. Their friend has recommended the following investments the condo-expected annual increase in market value= 5...
February 21, 2009 by Penny

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...
July 20, 2006 by Jes

FINANCE
Now that they have accumulated a deposit of 55,000 Jack and Jill take out a housing loan to purchase a home. The house costs $755,000. It is to be repaid in equal monthly instalments over a term of 30 years. The interest rate quoted by the bank is an effective annual rate is 7...
March 27, 2014 by Anonymous

Math
Richard Simmons is selling his house. He has a choice of taking $125,000 today or $135,000 in 6 months. If he takes the money today, he can invest it at Valley Bank at 5% interest compounded monthly. a. How much would be in the account after six months if he took the 125,000. ...
April 14, 2014 by Mani

Finance
An investor is thinking about buying some shares of a company at $ 75 a share. She expects the stock to rise to $ 115 a share over the next 3 years. During that time, she also expects to receive annual dividends at $ 4 a share. Assuming that the future value and the dividends ...
June 24, 2014 by Joyce

Math
Maya bought a car for $15,000. To pay for it, she took a bank add-on interest loan at an annual interest rate of 9%. The loan term is 5 years. How much interest will she pay and what are her monthly payments?
March 25, 2012 by Dee

Calculus
I'm having trouble trying to figure this problem out, I know the variables of the problem but I don't seem to get the right answer here is the formula that i'm using: A = P (1 + r/n)^n * t. Here is the problem: If Joe deposits $12,000 into an account that yields 3% annual ...
April 1, 2007 by Vesone

math college
A bank account earns 10 percent interest compounded continously. What annual amount of money must parents deposit each year in order to save 110000 dollars in 9 years for a child's college expenses? Assume the annual amount is added continuously over the period of each year.
March 14, 2011 by aj

college
A company is considering the purchase of a forest that is estimated to yield an annual return of $50,000 for 10 years, after which the forest will have no value. The company wants to earn 8% on its investment and set up a sinking fund to replace the purchase price. If the ...
June 21, 2010 by Gibbons

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

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

pre algebra
At the beginning of the year 2000, Bob put $100 in a savings account. The bank pays Bob 5% interest on his total savings at the end of each year including all interest added to the account. Assume the interest rate continues and Bob does not deposit any additional money in the...
May 2, 2013 by julious

math
A money market fund pays 14% annual interest compounded daily. What is the value of $10,000 invested in this fund after 15 years?
November 13, 2010 by Amanda

Alpha
mr brown borrowed $5,340 from a bank at 10% aunnum simplr interest for 9 years. the sum of the money paid in interest to the bank and the total amount of money repaid to the bank
June 18, 2015 by megan

Algebra
If someone invests $8000 at 7%, how much additional money must he invest at 4% so that his total annual income may equal 5% of his entire investment?
January 2, 2013 by Betsy

math
Rochelle deposits $350 in an account that earns 6% annual interest, compounded quarterly. How much money will be in the account in 8 years? 350(1.06)^32 =2258.685339 Can anyone check what I'm doing is correct or not? Janet deposits %150 every month in an account that earns 6% ...
February 5, 2016 by Y

Math 115
If $9,000.00 is deposited into an account paying 4% interest compounded annually (at the end of each year), how much money is in the account after 5 years? (Round to the nearest cent.)
March 14, 2009 by Julie

algebra 1
formula A=P(1+r)^t An account earning interest at a rate of 4% has a principal of $500,000. If no more deposits or withdrawals are made, about how much money will be in the account after five years?
January 5, 2012 by josh

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