Friday

February 24, 2017
Number of results: 73,447

**Algebra**

You invest an initial $4,500 in an account that has an annual interest rate of 4.5%, compounded daily. How much money will you have in the account after 10 years? Round your answer to the nearest whole number.

*November 12, 2014 by Julia*

**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*

**finance**

You currently have $22,500 in your retirement account. What annual rate of return will you need to make on your investment in order to have $1,000,000 in the account on your 60th birthday? Will investing in CDs get you to your goal?

*June 17, 2012 by jan*

**math**

Eric deposted $32,000 in a savings account to save for his children's college education. The bank pays 8% tax-deferred interest per year compounded quarterly. How much will his account be worth at the end of 18 years? 32,000(1.02)^72=$113,156.50 Is this correct?

*October 20, 2009 by Hector*

**math**

Andrew wants supplement his pension with investment interest if he invests 28,000 at 6% interest how much would he have to invest a t 7% to achieve the goal of 3,000 per year in supplemental income.

*March 2, 2014 by rose*

**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*

**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*

**math**

austin invests 4500 with first national bank at 5 1/4% simple interest. how much interest does austin earn after one year?

*April 8, 2010 by michele*

**Personal 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 end of the seventh year? Mary and Joe would like to save up $10,000 by the end of three years from now to ...

*March 23, 2010 by Linda*

**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*

**Math**

Which sequence do I use to get the answer to this problem? Arithmetic or geometric? The answer is $36,000 but I do not no how to write it out or which one to use, Can someone please help me? Thank you. A person deposited $500 in a savings account that pays 5% annual interest ...

*September 2, 2010 by Fh*

**Finance**

john deposited 3000 into an account with 5% annual interest rate compounde quarterly at the beginning of 2011. the bank guarantees that 5% annual interest rate for the next 10 years if john deposits 3000 every two years. assume that john does deposit 3000 every two years, what...

*October 6, 2011 by Kid Kicker*

**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*

**math**

37. 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?

*May 30, 2011 by Anonymous*

**Math**

A person deposited $500 in a savings account that pays 5% annual interest that is compounded yearly. At the end of the 10 years, how much money will be in the savings account?

*August 19, 2011 by leslie*

**math**

37. 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?

*February 15, 2012 by yolanda*

**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 ve in the savings account?

*April 18, 2013 by Lisa*

**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*

**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**

For the past 5 years, Frank and Peggy have deposited $15,000 in a retirement account with a simple interest rate of 7%. They plan to continue to make annual deposits for the next 20 years. Explain how their money will grow over time. Note: You do not need to extend their ...

*June 14, 2016 by Kenneth*

**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**

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*

**Math , check my answer ?**

Lynne invested $35,000 into an account earning 4% annual interest compounded quarterly. She makes no other deposits into the account and does not withdraw any money. What is the balance of Lynne's account in 5 years? $37,153.21 $39,438.88 $42,706.65 <my choice $56,295.30

*January 4, 2017 by Lia*

**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*

**Business**

Envision you have served as business manager for over two years. you noticed that for the last 12 months the business has regularly had cash assets of$20,000 or more at the end of each month.you have found a 6-month certificate of deposit that pays 6% compounded monthly.To ...

*September 23, 2009 by Kara*

**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*

**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**

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*

**simple interest**

A total of $12,000 is invested into two simple interest accounts. On one account the annual simple interest rate is 12%, while on the second account the annual interest rate is 18%. How much should be invested at 12% so that the interest earned is the same?

*March 31, 2016 by ali*

**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*

**precal**

Suppose Joan has $5,000 to invest. The banks are offering 3.10% interest. Bank A compounds interest continuously, while Bank B compounds interest semiannually. Use the Rule of 72 to estimate how much time it would take to double Joan's investment in Bank A.

*September 10, 2010 by Anonymous*

**math**

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

*January 18, 2012 by Annie*

**math**

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

*January 18, 2012 by Emma*

**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*

**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*

**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 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 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*

**investing compound interest**

James Johnson, a recent graduate of a nationally recognized MPA program wants to be able to travel around the world. James does not have enough money at this time, but believes he can save up enough money to travel around the world in ten years. If he currently has $15,000 to ...

*June 25, 2008 by josh*

**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*

**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*

**Math**

A company establishes a sinking fund in order to have 100,000 for upgrading office equipments in 4 years. If the company makes fixed monthly payments into an account paying 6.6% compounded monthly, how much should each payment be? How much interest will the account earn in 4 ...

*December 4, 2016 by John*

**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*

**gscc**

robin invests $50 on the first of every month into a superannuation account. His employer, Batman, pays 9% of Robin's monthly income of $2500 at the end of the month into the same account. Interest is paid at the rate of 6% p.a. compounded monthly. (a) Calculate the total ...

*June 13, 2016 by gscc*

**maths**

robin invests $50 on the first of every month into a superannuation account. His employer, Batman, pays 9% of Robin's monthly income of $2500 at the end of the month into the same account. Interest is paid at the rate of 6% p.a. compounded monthly. (a) Calculate the total ...

*June 14, 2016 by gscc*

**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*

**Math**

An investment of $3,000 is made at an annual simple interest of 5%. How much additional monery must be invested at an annual simple interest rate of 8% so that the total annual interest earned is 7.5 of te original amount that you invested?

*March 30, 2016 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*

**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*

**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*

**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**

Homework Questions Attempts allowed Limits Points 7 Questions 3 No Time Limit 7 pts possible You're in the middle of taking this assessment. Resume Assessment Answer Back Next Question 6 of 7 (1 point) Jose invests money in two simple interest accounts. He invests twice as ...

*January 8, 2016 by kayla*

**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*

**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*

**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*

**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**

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**

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*

**finance, please help**

1. Calculate the present value of an investment given the following information: (a) Years—20, (b) Rate—10%, and (c) Future Value—$20,000. 2. Calculate the future value of an investment given the following information: (a) Years—10, (b) Rate—5%, and (c) Present Value...

*June 3, 2012 by farah*

**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*

**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*

**Finance**

1. A man establishes an annuity for retirement by depositing $50,000 into an account that pays 7.2% compounded monthly. Equal monthly withdrawals will be made each month for 5 years, at which time the account will have a zero balance. Each year taxes must be paid on the ...

*July 11, 2011 by Elizabeth*

**Math**

I really need some help with this one. Envision that you have served as business manager of Media World for over 2 years. You have noticed that for the last 12 months the business has regularly had cash assets of $20,000 or more at the end of each month. You have found a 6-...

*October 23, 2009 by Stacy*

**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*

**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*

**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*

**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**

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*

**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*

**Savings**

A. How much should you invest each month in order to have $800,000 if your rate of return is 5.3% compounded monthly and you want to achieve your goal in 40 years? B. How much interest will you earn? C. If you deposit the amount you need to achieve your goal in 20 years, how ...

*December 17, 2016 by McKellen*

**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*

**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*

**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*

**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**

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*

**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*

**simple interest**

A total of $8000 is deposited into two simple interest accounts. On one account, the annual interest rate is 10%, while on the second account the annual simple interest rate is 12%. How much should be invested in the 10% account so that the total annual interest earned is $900?

*March 31, 2016 by ali*

**Math**

Envision that you have served as business manager of Media World for over 2 years. You have noticed that for the last 12 months the business has regularly had cash assets of $20,000 or more at the end of each month. You have found a 6-month certificate of deposit that pays 6% ...

*February 6, 2012 by T.*

**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*