Sunday

April 20, 2014

April 20, 2014

Number of results: 85,454

**caluculating the interest! please help**

Calculate the interest on a $1700 credit card bill that shows a 22% APR, using the average daily balance method. Assume you sent a payment of $375 on the first day of a month that has 30 days and it takes 5 days for this payment to be received and recorded. Round to the ...
*Tuesday, November 6, 2012 at 5:00pm by Sarah*

**computers**

i dont understand the formula for caluculating e^x in order to write the code(java)
*Friday, October 8, 2010 at 12:12am by Gina*

**Present Value simple interest**

11% interest $186.00 interest paid 140 days what was the orginal amount please show calcualtion
*Friday, February 18, 2011 at 11:33pm by Janine*

**Math - Pre Algebra**

Simple and Compound Interest Find the simple interest. principal= $870 interest rate= 6% time= 9 months Please help me I need the answer for tommorow.
*Monday, April 13, 2009 at 6:16pm by Tanisha*

**Science**

Caluculating Mass! You push yourself on a skateboard with a force of 30 N and accelerate at 0.5m/s 2. Find the mass of the skateboard if your mass is 58 kg.
*Tuesday, October 12, 2010 at 6:14pm by Adam*

**math**

the total amount of interest on this loan of $6000 for 150 days is $210.50. what is the rate of interest on this loan? If not compounded, or simple interest, then Interest=Principal(rateinterest)*time Here time is 5/12 of a year, you are given the interest and principle. ...
*Monday, August 21, 2006 at 3:09am by Haydee*

**math**

The interest rate on an equity line of credit was 7 and 5/8 % last month. This month the interest rate is 9 and 3/8 %. How many percentage points has the interest rate increased? Can someone help me please? 9.375% - 7.625% = 1.750 % = 1 3/4 %
*Friday, July 27, 2007 at 1:40am by Glenda*

**please check my answer**

Please check my answer thanks :) What is the simple interest on $14,500 loan at 9% interest for 5 years Interest = $14,500 x 0.9% = 1305 x 5 = 6525
*Monday, January 7, 2008 at 7:14pm by keleb*

**math**

Sam invested $5000 in a GIC earning 8% compound interest per year. The interest gets added to the amount invested, so the next year Sam gets interest on the interest already earned as well as on the original amount. How much will Sam's investment be worth at the end of 10 ...
*Monday, January 10, 2011 at 9:37pm by Taylor*

**math**

a formula for calculating simple interest is I = Pr, were I is the interest earned in dollars, P is the principal or original investment, and r is the fixed rate of interest. If the amount of interest earned is $2.25 and the interest rate is 3%, what is P?
*Thursday, February 14, 2013 at 11:28am by sherry*

**math**

please help how do you figure out the simple interest on a $14,500 loan at 9% interest for 5 years ?
*Monday, November 12, 2007 at 5:55pm by Anonymous*

**algebra**

HELP! Please Calvin invested $7500 for one year, part 12% annual interest and the rest at 10% annual interest. His total interest for the year was $890. How much money did he invest at 12%? Show work.
*Friday, September 7, 2012 at 4:57pm by Briana*

**tax**

Which of the following interest expenses incurred by Amanda is treated as personal interest expense and, therefore, not deductible as an itemized deduction? A. Interest expense on personal credit cards B. Bonds purchased with accrued interest C. Interest on a home mortgage ...
*Wednesday, March 7, 2012 at 2:14pm by Andy*

**Please Help!!!! Maths**

Over a three-year period, the total interest paid on a $4500 loan was $1620. What was the interest rate?
*Wednesday, April 3, 2013 at 4:19am by Jeconiah*

**math**

Compound interest P is the principal (the initial amount you borrow or deposit) r is the annual rate of interest (percentage) n is the number of years the amount is deposited or borrowed for. A is the amount of money accumulated after n years, including interest. When the ...
*Tuesday, January 1, 2013 at 3:15pm by Knights*

**ALGEBRA / MATH / FINANCIAL**

PLEASE HELP.. HERE'S THE QUESTION.... RYAN IS GOING TO INVEST $4000 INTO 2 INVESTMENT OPTIONS. ONE OPTION PAYS 3% AND THE OTHER OPTION PAYS 3.5% SIMPLE INTEREST. HOW MUCH DID RYAN INVEST IN EACH OPTION IF THE INTEREST EARNED IN THE OPTION PAYING 3.5% SIMPLE INTEREST IS $94.50 ...
*Tuesday, September 18, 2012 at 10:56am by BOBBIE*

**math please help?**

Nena invested some money at 7% interest and the same amount at 10%. Her total interest for the year was $850. How much did she invest at each rate?
*Monday, February 7, 2011 at 10:29pm by anonymous*

**Math please check answer**

Your original question doesn't ask for the interest per month. It just wants to know the total interest you'd pay at the end of five years. If you paid $301 per month for 60 months, you'd pay almost three times the amount of interest than you should. Try again, using this ...
*Monday, March 10, 2008 at 7:32pm by Ms. Sue*

**statistics please help!**

A total of 8,000 dollars is invested at anunual interest rate of 1%. Find the balance after 1.5 years, if the interest is compounded annually. using A=p(1+r/n)^nt
*Monday, April 12, 2010 at 2:12am by mark*

**Algebra**

Maybe that was to confusing...we have a data sheet to fill out - 2 questions with simple interest and 2 with compound interest. I just need the simple interest help: Prob. #1 Find the total amount if you deposit $500. at a rate of 5% for two years using simple interest. Year 1...
*Monday, February 25, 2013 at 10:43pm by Cassie*

**Maths**

It depends on the interest rate, which does not usually exceed 25%, and the duration. The longer the loan lasts, the more the (simple) interest would be. For example, at 11% simple interest for a principle of $100, the interest is 100*(0.11*10) = $110, which exceeds the simple...
*Wednesday, September 14, 2011 at 3:10am by MathMate*

**S.P**

Tamara invests $30,000 in an account earning 7% interest per year over the next 4 years. How much (simple) interest will her investment earn in total? Please help!!! :)
*Thursday, February 24, 2011 at 7:51pm by Anonymous*

**math **

You want to explain to your friend that your bank’s interest rate has gone down from 1.2% to 0.3%. Which sentence below has the correct meaning? A)My interest rate has decreased 25%. B)My interest rate has decreased 0.9 percentage points. C)My interest rate is 0.9% of what it ...
*Thursday, May 9, 2013 at 5:32pm by jordan*

**Business Maths**

Please how do i calculate this problem: The Raymore Company issued 10-year bonds on January 1, 2007. The 15% bonds have a face value of $100,000 and pay interest every January 1 and July 1. The bonds were sold for $117,205 based on the market interest rate of 12%. Raymore uses...
*Thursday, December 10, 2009 at 9:04am by Peaches*

**Math**

compound and interest Using the below values please calculate the amount accumulated (future value) *Initial principal=$2000 *Interest Rate=9% *Number of years 7 *Monthly compounding
*Wednesday, April 13, 2011 at 1:59pm by John*

**Math**

compound and interest Using the below values please calculate the amount accumulated (future value) *Initial principal=$2000 *Interest Rate=9% *Number of years 7 *Monthly compounding
*Wednesday, April 13, 2011 at 10:37pm by George*

**Math**

compound and interest Using the below values please calculate the amount accumulated (future value) *Initial principal=$2000 *Interest Rate=9% *Number of years 7 *Monthly compounding
*Thursday, April 14, 2011 at 8:03am by John*

**math **

You deposit $2200 in an account that pays 3% annual interest. After 15 years, you withdraw the money, what is the balance if the interest is compounded quarterly? so I figure you would get 2650.00 help please
*Friday, September 2, 2011 at 4:48pm by katie *

**math 10**

Actually the first steps are right except with compound interest you earn interest on interest, so just adding another 18.75 would not solve it. You have to account for the interest you earn the 1st quarter. So I got 1287.78
*Tuesday, January 5, 2010 at 12:18pm by Shanta*

**Math please check answer**

The simple interest on a $14,500 loan at 9% interest for 5 years my answer is $301.00 per month
*Monday, March 10, 2008 at 7:32pm by Dameion*

**MATH HOMEWORK HELP PLEASE ANSWER**

Erica invests $10,000 at 5% interest compounded annually. How much interest will Erica earn in 3 years
*Thursday, November 3, 2011 at 8:11pm by marcus*

**ALGEBRA**

An investor has $500 more invested at 7% than he does at 5%..If his annual interest is $515, how much does he have inested at each rate?....I need to know how to solve this problem...Do I use PRT=I(interest) formula..please someone help me with the steps....
*Sunday, December 13, 2009 at 3:56pm by JAY10*

**math**

Your first equation is entirely correct (x+y = 13,000). Your second equation is almost correct. Just add in the interest rates because it is the interest of x and the interest of y that yields the interest $1910.
*Sunday, November 25, 2007 at 7:52pm by Michael*

**help**

The interest rate on a second mortgage was5 7/8 % last month. This month the interest rate is 7 3/2 %. How many percentage points has the interest rate increased? Are you sure you mean 7 3/2% ? No lender would write an intereest rate that way. Perhaps you typed a numerator or ...
*Monday, March 26, 2007 at 1:19am by carmen*

**Word problem**

suppose you deposit $350 in a bank account that pays 6% annual simple interest. Find the interest earned in 4 months and in 1 year. 350 x 0.06 = interest in 1 yr. 4/12 of that is the interest in 4 months.
*Friday, July 27, 2007 at 9:07pm by Karen*

**Math**

People make mistakes. Calm down. A=P(1+r)^t A= interest P= principle interest r= interest rate t= time in years If $4500 invested at 7% interest compounded annually yeilds $15600, for how many years was the money invested?
*Tuesday, April 19, 2011 at 10:49am by Mike*

**Algera**

Hint: Simple interest =Prt P=principal (what was borrowed) r=rate of interest, 0.17=17% t=time in years (for yearly interest rate) I think she should negotiate a bank load at a lower interest than that.
*Thursday, March 1, 2012 at 6:54pm by MathMate*

**algebra2 HELP PLEASE**

If $8,500 is deposited in a compound interest account paying 3.9% interest annually, how much will be in the account after 12 years? round to the nearest cent.
*Saturday, July 7, 2012 at 2:43pm by 26kllt*

**Accounting**

Ruben Company purchased $100,000 of Evans Company bonds at 100 plus $1,500 in accrued interest. The bond interest rate is 8% and interest is paid semi-annually. The journal entry to record the receipt of interest on the next interest payment date would be: A.Debit: Cash $4,...
*Sunday, June 9, 2013 at 2:01pm by Mike*

**Math**

A=P(1+r)^2 A= interest P= principle interest r= interest rate t= time in years If $4500 invested at 7% interest compounded annually yeilds $15600, for how many years was the money invested?
*Tuesday, April 19, 2011 at 10:49am by Mike*

**math**

You don't state if this is compounded interest. Assuming simple interest, I = PRT (interest = principal x rate x time) 9006 - 8765 = 241 interest 241 = 8765 x R x T 241 = 8765 x R x 1 241 = 8765R Solve for R, the rate of interest Multiply R x 100 = percent
*Tuesday, January 25, 2011 at 3:50pm by helper*

**math- algebra**

Interest for the first year is the principal, P=$900 multiplied by the rate of interest, r=0.045, multiplied by the number of periods, n=1. So interest I=$900*0.045*1=$40.5 The future value is the sum of the interest and the principal. Note that in this case (n=1), the ...
*Sunday, July 31, 2011 at 11:49pm by MathMate*

**AP Macroeconomics**

3. You buy a certificate of deposit (CD) that pays a nominal rate of 12% annually. You have a tax rate of 25%, so if the interest on this CD is taxable (which it may not be) your after-tax nominal rate is (1 ñ 25%) • 12% = 9%. Since 10% equals .1, we can rewrite the equation ...
*Monday, October 21, 2013 at 4:11pm by Emily*

**Maths**

Kate borrowed $19500 to buy a car. She paid the money back, plus interest in equal monthly repayments of $370 for the next 5 years How much did she pay in interest? Working out please :)
*Wednesday, March 16, 2011 at 4:36am by HEYME*

**MATHS**

A woman borrows 100000 euro to improve her house. she borrows the money at 15% interest and repays it in full after three years. What interest will she pay? PLEASE HELP
*Friday, October 7, 2011 at 3:07pm by Anonymous*

**algebra ll HELP PLEASE**

If $8,500 is deposited in a compound interest account paying 3.9% interest annually, how much will be in the account after 12 years? Round your answer to the nearest cent.
*Friday, July 6, 2012 at 11:08am by leo*

**Hogan**

Please help identify the topic subject in each paragraph: Interest rates affect our purchasing decision in a two different ways. A lower interest rate is obviously preferred to minimize expenditure being either long or short term. A lower interest rate is good when taking a ...
*Sunday, January 16, 2011 at 12:29pm by Darlene*

**8th grade math**

Find the interest earned on each account. $970 at 4 1/2% simple interest for 2 years. I don't know if I solved the problem correct please help: I = p x r x t = 970 x 0.42 x 2 = 814.8 I don't know what number to convert 1/4 to!
*Wednesday, November 28, 2012 at 6:40pm by Destiny*

**Finance**

If this is simple interest -- 5,000 * (4 * 0.065) = ? interest for 4 years Add the interest to the initial investment.
*Monday, February 1, 2010 at 3:52pm by Ms. Sue*

**math**

You want to put $4,000 in a simple interest account. It has a 2.5% annual interest rate. How long will it take you to earn $500 in interest?
*Monday, May 27, 2013 at 1:14pm by maddie*

**Math**

Solve for the interest acured on a 520 investment after 4 years that has an interest rate of 4.9% per year, simple interest.
*Sunday, June 16, 2013 at 7:49pm by Courtnie*

**finance**

You invest $1,000 in a certificate of deposit that matures after 10 years and pays 5 percent interest, which is compounded annually until the certificate matures. a) How much interest will the saver earn if the interest is left to accumulate? b) How much interest will the ...
*Sunday, April 3, 2011 at 11:34am by Anonymous*

**math**

The question is not worded very clearly. Are the payments made monthly? Is this a simple interest or compound interest problem? None of the rates given as choices verify when considering compound interest so assuming this is simple interest, interest = 20(196) - 3500 = 420 ...
*Sunday, January 16, 2011 at 2:17pm by Reiny*

**Calculus Please help!**

If 7000 dollars is invested in a bank account at an interest rate of 7 per cent per year. A) Find the amount in the bank after 6 years if interest is compounded annually? B) Find the amount in the bank after 6 years if interest is compounded quaterly? C) Find the amount in the...
*Friday, February 21, 2014 at 11:29pm by ALI*

**Math**

Find the amount of the principal on a loan at 6% interest for 274 days if the interest was $68.50, using the ordinary interest method.
*Sunday, June 23, 2013 at 12:38am by Krystle*

**Algebra**

Joanie takes a $6000 loan to pay for her car. The interest rate 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 interest ...
*Wednesday, April 1, 2009 at 4:16pm by Cassie*

**math**

Please help me do these problems. I dont understand how to do weighted averages. Mrs. Gleason invested a portion of 32000 dollars at 9% interest and the balance at 11% interest. How much did she invest at each rate if her total income from both investments was 3200
*Tuesday, November 9, 2010 at 6:30pm by brian*

**NEED HELP MATH HELP**

That is simply not true, scroll down. I have answered simple interest, compound interest, and continuously compounded interest questions from you.
*Sunday, January 27, 2013 at 8:08pm by Damon*

**math please explian**

I know how to do simple interest on a loan but how would I figure compound interest on a loan $8,000 invested for one year at 6% compounded quarterly ? with rounded to the nearest dollar thanks in advance for explaining :)
*Monday, January 7, 2008 at 7:58pm by keleb*

**Simple Interest**

The Johnsons have saved $45,000. They invest their money in a bank and thei account earns 7.5% interest. How many years will it take to earn $74,000? *PLEASE PROVIDE AN EXPLANATION*
*Monday, April 9, 2012 at 6:42pm by Marilyn*

**Math**

Interest is a concept familiar to most people: every credit card in existence has a term called annual percentage rate (APR), which is an interest rate. Suppose you charged $1,000 to a credit card that has a minimum payment each month equal to the interest owed. Can you figure...
*Tuesday, February 18, 2014 at 5:01pm by Dan*

**Please Help**

Suppose you have a $1,000 charge on a credit card charging 1.5% monthly interest using the adjusted balance method. The minimum payment due in May is $20. How much will you save in interest charges in June by paying $40 instead?
*Monday, May 28, 2012 at 4:12pm by shirley*

**math**

Simple interest formula: Interest =PRT =56950*0.118*(155/365) =2853.74 Compound interest: depends on the compounding frequency (not available)
*Tuesday, June 14, 2011 at 12:21am by MathMate*

**Algebra**

Please Help. How long, to the nearest tenth of a year, will it take $12,500 to grow to $20,000 at 6.5% annual interest compounded quartely? (Use the formula for compound interest with n compoundings per year to solve for t.)
*Friday, December 3, 2010 at 10:48am by Roger*

**interest math**

doris browning deposited $8000 into a savings account paying 5.25% interest. how long will it take for her investment to grow to $10,100. The answer i got was 4yr 11mo 30 days but that is wrong someone please help
*Thursday, November 14, 2013 at 9:14pm by lynda*

**VBA Programming**

First off, why use strings to specify a numeric (Double) value for interest? I learned VBA a while ago, but I think that If 1000000 < loan < 4000000 Then interest = .10 is invalid syntax. Try If (1000000 < loan) and (loan < 4000000) Then interest = .10 Or, you ...
*Friday, June 28, 2013 at 4:13pm by Steve*

**math**

Hal Fritz purchased a $5,000 bond at 95. The annual interest is 6%.What was the cost of the bond? What was the annual interest? What is the yield (to nearest tenth of a percent)? please help
*Saturday, April 12, 2014 at 6:30pm by justin*

**Math Interest Question**

A loan of $8,532 was repaid at the end of 12 months. What size repayment check (principal and interest) was written, if a 9.5% annual rate of interest was charged?
*Friday, January 24, 2014 at 12:48am by Maxie*

**english**

Can someone please check my homework for me? · Write two paragraphs about how interest rates affect our purchasing decisions. · Identify the topic sentence in each by underlining it. · Post your paper as an attachment. Interest rates affect the buying of homes in real estate. ...
*Sunday, May 8, 2011 at 9:25pm by icelocsgirl*

**Math (Algebra/Pre-Algebra)**

Ms. Caswell deposits $450 into an account earning 8% interest per year. How much simple interest is earned after 4 years? Please explain.. I'm supposed to show work =] thank you!
*Thursday, June 4, 2009 at 8:35pm by Samantha*

**Simple & Compounding Interest**

I am SO STUCK on this problem... PLEASE HELP ASAP!!! Suppose Kevin and Jill both deposit $4000 into their personal accounts. If Kevin’s account earns 5% simple interest annually and Jill’s earns 5% interest compounded annually, how much will each account balance show at the ...
*Friday, April 27, 2012 at 10:32am by Need Help!!!*

**Math**

Mr. Nielson wants to borrow $1,000 for 2 years. He is given the choice of i) simple interest at 12%, or ii) a loan at 10% compounded monthly. Which loan results in less interest due ? b) What interest rate compounded quarterly will give an effective interest rate of 7% ?
*Thursday, September 15, 2011 at 9:38am by Nieda*

**ALGEBRA**

Suppose you have a $1,000 charge on a credit card charging 1% monthly interest using the adjusted balance method. The minimum payment due in May is $50. How much will you save in interest charges in June by paying $100 instead? Steps please.
*Saturday, November 26, 2011 at 5:22pm by MONICA*

**ALGEBRA**

Suppose you have a $1,000 charge on a credit card charging 1% monthly interest using the adjusted balance method. The minimum payment due in May is $50. How much will you save in interest charges in June by paying $100 instead? Steps please.
*Saturday, November 26, 2011 at 5:22pm by MONICA*

**ALGEBRA**

Suppose you have a $1,000 charge on a credit card charging 1% monthly interest using the adjusted balance method. The minimum payment due in May is $50. How much will you save in interest charges in June by paying $100 instead? Steps please.
*Saturday, November 26, 2011 at 5:22pm by MONICA*

**ALGEBRA**

Suppose you have a $1,000 charge on a credit card charging 1% monthly interest using the adjusted balance method. The minimum payment due in May is $50. How much will you save in interest charges in June by paying $100 instead? Steps please.
*Saturday, November 26, 2011 at 5:22pm by MONICA*

**Finance**

Danny Joe borrows $10,500 from the bank at 11 percent annually compounded interest to be repaid in six equal annual installments. The interest paid in the first year is: $_________. (Please calculate the arithmetic solution and show your work)
*Friday, December 30, 2011 at 1:55am by Vaness*

**maths-- compound interest**

business takes a loan of $40,000, set at 4% interest and will be paid off in 12 years. The bank wants to save the business money by calculatin the interest on a remaining balance basis in case he pays it off early. The annual payment si assumed to be $3500 of principal and ...
*Friday, January 12, 2007 at 4:06am by Susan *

**Math**

The formula for simple interest is where I is the amount you will pay in interest, r is the rate at which interest will accrue, P is the principal (amount borrowed), and m is the number of times the interest is applied. To solve for the interest rate of your credit card, you ...
*Tuesday, February 18, 2014 at 4:59pm by Dan*

**ALGEBRA**

You would save the interest on the extra $50 you paid above the minimum. That is $5 You should pay off the entire balance, if you can, and pay no interest at all. Please just don't dump your homework here en masse. Show your work.
*Saturday, November 26, 2011 at 5:22pm by drwls*

**Math**

I = PRT This is a formula for calculating simple interest. Interest = Principal * Rate * Time Example, you put $500 in a saving account, at 3% interest per year. To find the interest after two years, P = $500, R = 0.03, T = 2 I = 500 * 0.03 * 2 I = 1000 * 0.03 I = $30
*Tuesday, February 22, 2011 at 5:31pm by Helper*

**Math**

a man borrowed $85,000 of wich he pays a part of at 9% interest and the rest at 12% if his total interest payment is $9300 per year how much did he borrow at each rate of interest ?
*Wednesday, January 30, 2013 at 4:38am by Rigby*

**math**

That depends upon how much she spent. Some stores require you to pay monthly interest on "no interest for one year" promotions, and then refund the interest at the end of a year if the debt is paid off. Assuming there is not interest to pay, ever, divide the cost by 12 for the...
*Friday, January 21, 2011 at 11:18am by drwls*

**algebra**

an individual has two low interest loans, one at 4% interest and the other at 6% interest. The amount borrowed at 6% is $250 more than the amount borrowed at 4% If the total interest for one year is $165, how much money is borrowed at each rate
*Monday, June 27, 2011 at 3:36pm by Ty*

**math**

A chartered bank is raising the interest rate on its Visa credit card from 9% to 11%. What will be the percent increase in the interest charges on a given balance? Note: Please make sure your final answer(s) are in percentage form and are accurate to 1 decimal place. For ...
*Sunday, February 14, 2010 at 12:39pm by suvi*

**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 ...
*Wednesday, November 14, 2012 at 7:56pm by Greg*

**Pre-calc**

The quarterly interest is 5.25%/4=1.3125%. Since interest is compounded quarterly, the total interest at the end of the year for an investment of 1000 is: 1000*1.013125^4 =1053.54 So the effective interest is 53.54/1000=5.354% (approximately)
*Wednesday, January 12, 2011 at 6:42pm by MathMate*

**math **

What you probably did was calculated simple interest for 15 years on $1000 and added to $2200 to give $2650. Compound interest formula are based on the number of periods, n, the interest was compounded. The interest being compounded 4 times a year, so there are 15*4=60 periods...
*Friday, September 2, 2011 at 4:48pm by MathMate*

**math**

Please help I know to figure out simple interest but what is the best way to figure out compound interest example 8,000 invested for one year at 6 % compounded quarterly (with the answer rounded to the nearest dollar
*Thursday, January 10, 2008 at 7:32pm by jameasen*

**Math**

Jared obtained a simple interest loan for 1200 at a credit union at an annual interest rate o f 5.5%. if Jared paid $1430 to repay the loan, for how many months, was the money borrowed ? ( can you please tell me the steps. thanks )
*Wednesday, October 6, 2010 at 10:54pm by thommini*

**Finance**

Please help me out this problem! :) suppose that I buy a 10 yr bond today for $1000 and the interest rate when the bond is issued is 5 percent. the day after I buy the bond, the market interest rate on 10yr bonds rises to 7percent. if I keep the bond for the full 10 yrs until ...
*Saturday, October 9, 2010 at 12:47am by Tony*

**math**

I have been staring at this problem forever, and cant seem to dig it up in my book. Please help! Two competing bank are trying to attract customers. (a) Ally Bank has an account which earns 25% interest every 10 years. Assuming the interest is compounded weekly, find both the ...
*Tuesday, January 8, 2013 at 8:56pm by fawn*

**Algebra II**

An investment service promises to triple your money in 12 years. Assuming continuous compounding of interest, what rate of interest is needed? For the question is it asking me if simple interest or continuously compounded interest is needed? Or Is it asking for a number in the...
*Tuesday, May 25, 2010 at 6:15pm by Anonymous*

**Finance**

Find the future value of $10,000 invested now after five years if the annual interest rate is 8 percent. a. What would be the future value if the interest rate is a simple interest rate? b. What would be the future value if the interest rate is a compound interest rate?
*Wednesday, August 22, 2012 at 1:09am by tisha*

**Math **

With compound interest, the interest due and paid at the end of the interest compounding period is added to the initial starting principal to form a new principal, and this new principal becomes the amount on which the interest for the next interest period is based. The ...
*Saturday, April 17, 2010 at 4:26pm by tchrwill*

**Math**

A person takes a simple interest loan at 7.5%. After 6 months, the amount of interest on the loan is $69.64. What was the amount of the loan? Please help me. I have been working on this for awhile.
*Saturday, January 16, 2010 at 8:13pm by Anonymous*

**Business Maths**

Please how do i calculate this problem and enter it in a journal entry: If a company issues 10-year, 8%, $100,000 bonds paying interest on an annual basis, at a $5,200 premium, the annual interest expense on the bonds will be:
*Friday, January 8, 2010 at 5:38pm by Peaches*

**Maths**

A finance company borrows money on which it pays interest at the rate of 14% pa. If it pays interest half yearly, find the return per half year on an investment of $1700 Please show working out thanks
*Wednesday, November 2, 2011 at 1:06am by 10M1*

**math**

You don't state if the interest is simple or compounded. For simple interest, I = PRT (Interest = Principal*Rate*Time) I = 300 * 0.03 * 30 I = ?
*Sunday, February 13, 2011 at 6:46pm by helper*

**Math**

Simple interest is the amount you earn on an investment or pay on a loan. If you borrow $1,000 at 5% interest for a year, you'll pay $50 interest.
*Sunday, May 1, 2011 at 10:22pm by Ms. Sue*

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