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April 17, 2014

Search: money in an account earns interest at a continuous rate of 8% per year

Number of results: 53,108

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 ...
Tuesday, May 11, 2010 at 10:26pm by Shadow

algebra 1
MArta has $6000 to invest. She puts x dollars of this money into a savings account that earns 2% interest per year. With the rest, she buys a certificate of deposit that earns 4% per year. i need 2 different equations. [using a=prt and/or a=p(1+r/n)^nt]
Wednesday, February 27, 2008 at 8:37pm by Trixie

math
Kent invested $5000 in a retirement plan. He allocated x dollars of the money to a bond account that earns 4% interest per yr and the rest to a traditional account that earns 5% interest per yr. Write an expression that represents the amount of money invested in the ...
Thursday, February 17, 2011 at 11:42pm by ---

math
Kent invested $5000 in a retirement plan. He allocated x dollars of the money to a bond account that earns 4% interest per yr and the rest to a traditional account that earns 5% interest per yr. Write an expression that represents the amount of money invested in the ...
Thursday, February 17, 2011 at 11:43pm by ---

algebra..urgent!!!!
MArta has $6000 to invest. She puts x dollars of this money into a savings account that earns 2% interest per year. With the rest, she buys a certificate of deposit that earns 4% per year. i need 2 different equations. [using a=prt and/or a=p(1+r/n)^nt]
Wednesday, February 27, 2008 at 9:19pm by trixie

6 grade algebra
cindy earns 6% simple interest each year on her savings account. if she has $850 in her account and leaves the money in there for 5 years. how much interest will the money earn? what is the new balance in cind's account?
Friday, November 12, 2010 at 5:41pm by sierra

calc2
At what constant, continuous annual rate should you deposit money into an account if you want to have $1,000,000 in 25 years? The account earns 5% interest, compounded continuously. Round to the nearest dollar.
Monday, May 16, 2011 at 1:06pm by CJ

Maths Investments
Kate is thinking about investing $60 000 for 4 years. She deposits her money into an account which earns interest paid semiannually at a rate of 7% p.a. After 2Ĺ years, the interest rate drops to 5.6% p.a. and stays constant for the remainder of the investment period. Use ...
Tuesday, June 26, 2012 at 7:17am by Ajay

Maths (Investments)
Kate is thinking about investing $60 000 for 4 years. She deposits her money into an account which earns interest paid semiannually at a rate of 7% p.a. After 2Ĺ years, the interest rate drops to 5.6% p.a. and stays constant for the remainder of the investment period. Use ...
Friday, June 22, 2012 at 10:35pm by Ajay Devgan

Last math problem help
Mr. Jarvis invested a total of 10,437 in two savings accounts. One account earns 8% simple interest per year and the other earns 9% simple interest per year. Last year the two investments earned a total of $849.52 in interest. Write a syste of equations to use to determine ...
Monday, February 17, 2014 at 12:25pm by Taylor

math models
Tanisha wants to have $1000 in her bank account in 5 years. How much money should she deposit if her account earns 6% interest which is compounded 2 times per year?
Monday, December 12, 2011 at 5:11pm by jazmin

Calculus
Suppose that the machinery in question costs $104000 and earns profit at a continuous rate of $69000 per year. Use an interest rate of 9% per year, compounded continuously. When is the present value of the profit equal to the cost of the machinery? Round your answer to the ...
Wednesday, December 1, 2010 at 1:41am by Erika

algebra..urgent!!!!
Marta has $6000 to invest. She puts x dollars of this money into a savings account that earns 2% interest per year. With the rest, she buys a certificate of deposit that earns 4% per year. I'm guessing it's monthly. I need to know the equation for the amount of money T Marta ...
Wednesday, February 27, 2008 at 9:19pm by trixie

math
Each year, Cathy invests $1,200 in her account. The account pays an interest rate of 6.3%. The formula to calculate the balance in her account is B =A(1+ r)n+1- A, where r A is the amount invested per year, r is the interest rate, and n is the number of years investing
Wednesday, June 8, 2011 at 10:00pm by michelle

Maths
Mr Srinivasan invests $55 000 in a fixed deposit account. The interest rate is 3.3 % per year. How much money will he have in the account after 1 year?
Thursday, October 4, 2012 at 8:24am by Zayn

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 ...
Monday, September 3, 2012 at 11:35pm by KaRon

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.
Wednesday, April 2, 2014 at 7:42pm by Lynn

math
A mother wants to invest $9,000.00 for her sonís future education. She invents a portion of the money in a bank certificate of deposit (Cd account) which earns 4% and the remainder in a saving bond that earns 7%. If the total interest earned after one year is $540.00, how much...
Wednesday, March 9, 2011 at 8:51pm by MARIAH

math
a bank account earns 7% annual interest compounded continuously. you deposit $10,000 in the account, and withdraw money continuously from the account at a rate of $1000 per year. a. write the differential equation for the balance, B, in the account after t years b. what is the...
Monday, March 14, 2011 at 5:04pm by Anonymous

Math
ben deposits $320 in an account that earns 3.5% simple interest per year. what is the balance in the account year?
Thursday, September 19, 2013 at 10:29pm by Katie

math
you deposit $ 900 in a savings account that earns 4%interest coumpounded once a year and has no service charges. you donot make any deposits or withdrawals to the account for two years. at the end of two years, after the second year's interest has been added to the account by ...
Tuesday, October 28, 2008 at 3:15pm by isabel

Math
Nico was stunned when he opened the mail. Here was a check for $322.50! This was the interest he earned on his investment. One year ago Nico had been given $5,000. His parents made him put it in the bank and save it for college, but they said he could keep the interest it ...
Monday, April 16, 2012 at 4:40pm by Erica

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...
Thursday, May 2, 2013 at 3:01am by julious

Calc
A person deposits money into a retirement account, which pays 7% interest compounded continuously, at a rate of $1000 per year for 20 years. Calculate: a. The balance of the account at the end of 20 years b. the amount of money actually deposited into the account c. the ...
Tuesday, April 8, 2008 at 8:22pm by James

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?
Wednesday, January 27, 2010 at 10:51pm by Amanda

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?
Sunday, February 5, 2012 at 11:28pm 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?
Monday, February 6, 2012 at 5:48pm by sally

Maths Investments
A woman has a total of $9,000 to invest. She invests part of the money in an account that pays 8% per year and the rest in an account that pays 11% per year. If the interest earned in the first year is $840, how much did she invest in each account?
Tuesday, June 26, 2012 at 7:17am by Juan

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?
Sunday, February 9, 2014 at 5:59pm by zerick

Calculus
The machine earns the company revenue at a continuous rate of 62000 t + 38000 dollars per year during the first six months of operation, and at the continuous rate of $69000 per year after the first six months. The cost of the machine is $170000. The interest rate is 5% per ...
Tuesday, November 30, 2010 at 1:39am by Will

Math
a mother wants to invest 5000 for her sons future education. She invests a portion of the money in a bank certificate of deposit which earns 4% and the remainder in a savings bond that earns 7%. If the total interest earned after one year is $300.00,how much money was invested...
Sunday, January 20, 2013 at 4:50pm by Justin

math
or this one tracey has 4,300 in his savings account. the money in the account earns 4.6% intrest each year assuming he makes no deposits, how much money will he have in his account atthe end of the year? i dont know how to figure that
Monday, November 30, 2009 at 4:33pm by Chris00

Math
If you deposit P dollars into a bank account paying an annual interest rate r, with n interest payments each year, the amount A you would have after t years is A=P(1+r/n)^nt. Kevin places $100 in a savings account earning 6% annual interest, compound quarterly. If Kevin adds ...
Monday, April 1, 2013 at 12:34am by Amber

math
A mother wnats to invest $6,000 for her son's future education. She invests a portion of the money in a bank certificate of deposit which earns 4% and the remaainder is a savings bond that earns 7%. If the total interest earned after one year is $360.00, how much money was ...
Saturday, November 17, 2012 at 6:23pm by Mark

algebra
A total of $15,000 is invested into two accounts. One of the accounts earns 12% per year and the other earns 10% per year. If the total interest earned in the first year is $1600, how much is invested in each account? 1.) Define the variable(s) and what they stand for. 2.) Set...
Friday, January 18, 2013 at 9:23pm by liz

algebra II
i just placed $1500 in an account which earns 8% per year compunded quartely. how much money will be in the account in 20 years? how long will it tke for this account ot have $7000 in it?
Monday, March 18, 2013 at 10:42pm by Anonymous

Calculus
using the following information in place of that in the book. The machine earns the company revenue at a continuous rate of 50000 t + 35000 dollars per year during the first six months of operation, and at the continuous rate of $60000 per year after the first six months. The ...
Wednesday, December 1, 2010 at 1:28am by Erika

math,percentage
Mr Srinivasan invests 55000$ in a fixed deposit account.the interest rate is 3.3% per year.how much money will he have in the account after 1year? please show your operations clearly.
Monday, February 13, 2012 at 12:16am by kimi

algebra
Hassan deposited $7,500 into a bank account. At the end of 3 years, the account had earned $900 in simple interest. What rate of interest did the account earn per year?
Tuesday, January 18, 2011 at 11:01am by joe blow

math
Samantha opened a savings account and deposited some money into the account. The account pays an annual simple interest rate of 5%. After 9 years, the interest earned on the account was $1,800. How much money did Samantha deposit in the account?
Sunday, December 30, 2012 at 2:37pm by Andrea

Maths B
Kate is thinking about investing $45000 for 5 years. She deposits her money into an account which earns interest paid quarterly at a rate of 3.99% p.a. After 1Ĺ years, Kate withdraws her investment (including interest) and deposits the full amount into a different account that...
Monday, July 22, 2013 at 4:30am by Tee

finance
You deposit 172 dollars in an account every year for 9 years that earns 9 percent annual interest. How much money is in your account 9 years from now?
Friday, February 26, 2010 at 3:57pm by Anonymous

algebra 2
An initial amount of money is placed in an account at an interest rate of per year, compounded continuously. After three years, there is in the account. Find the initial amount placed in the account. Round your answer to the nearest cent.
Friday, May 27, 2011 at 1:02pm by Anonymous

pre algerbra
an investment earns 7.5% interest in one year. if the money is withdrawn before th year is up, the interest is protrated so that a proportional amount of the interest is paid out. if $1960 is invested, what is the total amount that can be withdrawn when the account is closed ...
Wednesday, April 20, 2011 at 9:11pm by heydog

Calculus
A machine earns the company revenue at a continuous rate of 62000 t + 43000 dollars per year during the first six months of operation, and at the continuous rate of $74000 per year after the first six months. The cost of the machine is $155000. The interest rate is 5.5% per ...
Tuesday, April 15, 2008 at 4:21pm by Jackie

Math 0098
Last year, Joe had 10,000 to invest. He invested some of it in an account that paid 7% simple interest per year, and he invested the rest in an account that paid 9% simple interest per year. After one year, he received a total of $860 in interest. How much did he invest in ...
Friday, February 22, 2013 at 10:53am by Jazz

Math 0098
Last year, Deon had $20,000 to invest. He invested some of it in an account that paid 6% simple interest per year, and he invested the rest in an account that paid 10% simple interest per year. After one year, he received a total of $1880 in interest. How much did he invest ...
Friday, February 22, 2013 at 11:31am by Jazz

algebra
Last year, Susan had 30,000 to invest. She invested some of it in an account that paid 8% simple interest per year, and she invested the rest in an account that paid 7% simple interest per year. After one year, she received a total of $2150 in interest. How much did she invest...
Saturday, March 31, 2012 at 7:44pm by Hailey

Math 0098
Last year, Joe had to invest. He invested some of it in an account that paid simple interest per year, and he invested the rest in an account that paid simple interest per year. After one year, he received a total of in interest. How much did he invest in each account?
Friday, February 22, 2013 at 10:53am by Jazz

math
Inflation is running 2% per year when you deposit $1000 in an account earning interest of 13% per year compounded annually. In constant dollars, how much money will you have two years from now? (Hint: First calculate the value of your account in two years' time, and then find ...
Saturday, November 13, 2010 at 9:46pm by liz c

math
chris put $1,500 in a savings account at an annual interest rate of 5%. If chris does not deposit or withdraw any money, what is the amount of interest chris will earn the first year her money is in the savings account? use the formula i=prt
Sunday, August 4, 2013 at 11:51am by Nicole

calculus
The proprietor of Carson Hardware Store has decided to set up a sinking fund for the purpose of purchasing a computer 2 yr from now. It is expected that the purchase will involve a sum of 40000 dollars. The fund grows at the rate of dA/dt= rA+P where A denotes the size of the ...
Wednesday, April 25, 2012 at 4:25am by help please.

Algebra Grade 7
You invest $275.00 in a money-market account that pays simple interest at a rate of 10%. How long must you leave your investment in the money-market account if you expect to earn $27.50 in interest? A year? How do I work it?
Thursday, October 18, 2012 at 5:12pm by rawr... im a dinosaur.... rawr

finance
Mrs. Kay who is 24 years old plans to retire at the age of 60. Mrs. Kay would like to be able to withdraw $120,000 per year from her retirement account for 40 years after retirement beginning a year after her retirement. She already has $15,000 in her retirement investment ...
Wednesday, April 17, 2013 at 5:25pm by julia

calculus
Suppose $5000 is deposited in a bank account that compounds interest four times per year. The bank account contains $9900 after 13 years. What is the annual interest rate for this bank account?
Monday, April 9, 2012 at 2:56pm by Zoey

Math
Please check my work, thank you If $7,800 is deposited into an account paying 6% interest compounded annually (at the end of each year), how much money is in the account after 2 years? A=$8,268.00 Rewrite the statement, using percent notation. Out of every 100 eligible people...
Sunday, April 6, 2008 at 9:57pm by Terry B

maths---integral
the time index t runs from a to A. if an investment produced a continuous stream of income over 10 years at a rate of $20,000 per year and the interest rate is 6% per year continuously compounded. what is the present value? what is the integral function?
Tuesday, October 19, 2010 at 10:46am by May

Maths---integral
the time index t runs from a to A. if an investment produced a continuous stream of income over 10 years at a rate of $20,000 per year and the interest rate is 6% per year continuously compounded. what is the present value? what is the integral function?
Tuesday, October 19, 2010 at 11:50pm by May

Math
Mary B deposits $8500 into a savings account, compounded monthly at a nominal interest rate of 9 percent, as part of a savings plan that she would like to undertake in 5 years. 1) What is the effective interest rate per annum? 2) How much money would she have saved after 5 ...
Saturday, April 30, 2011 at 2:36am by Randi

Algebra
Another bank offers a different savings rate. If an account with $400 earns interest of $6, how much interest is earned by an account with $1800?
Friday, June 29, 2012 at 11:20pm by Anonymous

value of money
A deposit of $2,000 earns interest at a rate of 14% compounded quarterly. After two and a half years the interest rate changes to 13.5% compounded monthly. How much is in the account after six years?
Friday, July 8, 2011 at 2:55pm by nmh

Consumer Math
One thousand dollars in a savings account pays 7% interest per year. The interest earned after the first year is added to the account. How much interest is earned on the new principal the following year?
Monday, April 16, 2012 at 12:57am by Anonymous

math
Suppose $5000 is deposited in a bank account that compounds interest four times per year. The bank account contains $9900 after 13 years. What is the annual interest rate for this bank account? i already set it up but i don't know where to go from there. Please help
Tuesday, April 10, 2012 at 10:18pm by Patty

math
Rob has a balance of 1695$ in his bank account The account pays 2.9% interest per year, compounded annually. The compound interest formula is A=P(1+i)^n A=future value\P=principal/i+interest rate/n=number of payments rods balance will reach 3000$ after how many years?
Thursday, October 3, 2013 at 1:50pm by sam

algebra
A total of $6200 is deposited into two simple interest accounts. On one account the annual simple interest rate is 2%, and on the second account the annual simple interest rate is 4%. The amount of interest earned for 1 year was $148. How much was invested in each account?
Saturday, July 28, 2012 at 9:11pm by Emmett

finance
Anne is planning to attend college when she graduates from high school in 7 years from now. She anticipates that she will need $10,000 at the beginning of each college year to pay for tuition and fees, and have some spending money. Anne has made an arrangement with her father ...
Tuesday, March 1, 2011 at 5:52pm by sue

Math
A company invests $15,000.00 in an account that compounds interest annually. After two years, the account is worth $16,099.44. Use the function in which r is the annual interest rate, P is the principal, and A is the amount of money after t years. What is the interest rate of ...
Friday, March 15, 2013 at 10:22am by carmelo

Finance
Assume that you are 23 years old and that you place $3,000 year-end deposits each year into a stock index fund that earns an average of 9% per year for the next 17 years. 1. How much money will be in the account at the end of 17 years? 2. How much in account 15 years later at ...
Tuesday, January 21, 2014 at 8:29pm by Anthony

calculus
The rate of change of an investment account earning continuous compound interest is given by dA/dt=kA where k is a positive constant. The initial account value was $2500. At the end of the third year, the account value was $4200. Find the particular solution to the ...
Wednesday, March 13, 2013 at 12:35pm by karen

calculus
The rate of change of an investment account earning continuous compound interest is given by dA/dt=kA where k is a positive constant. The initial account value was $2500. At the end of the third year, the account value was $4200. Find the particular solution to the ...
Wednesday, March 13, 2013 at 9:34pm by fishfry

algebra
how much money must Andrea invest for 2 years in an account that earns an annual simple interest rate of 8% if she wants to earn $300 from the investment?
Friday, January 31, 2014 at 4:37pm by sheri

algebra
suppose you invest a certain amount of money n an account that pays 11% interest annually, and 4000 more than that in an account that pays 12% annually, How much money do you have in each account id the total interest for a year is 940
Tuesday, November 19, 2013 at 11:28am by Anonymous

math
Suppose $5000 is deposited in a bank account that compounds interest four times per year. The bank account contains $9900 after 13 years. What is the annual interest rate for this bank account? i already set it up but i don't know where to go from there. Please help
Monday, April 9, 2012 at 6:53pm by Please help!

ECON-HELP!!
1. In the Country of Wiknam, the velocity of money is constant. Real GDP grows by 5 percent per year, the money stock grows by 14 percent per year, and the nominal interest rate is 11 percent. What is the real interest rate? 2. The goverment raises taxes by $100 billion. If ...
Sunday, October 21, 2007 at 5:34pm by greg

ECON--HELP!?!?!
1. In the Country of Wiknam, the velocity of money is constant. Real GDP grows by 5 percent per year, the money stock grows by 14 percent per year, and the nominal interest rate is 11 percent. What is the real interest rate? 2. The goverment raises taxes by $100 billion. If ...
Sunday, October 21, 2007 at 7:42pm by GREG

math115
Ms. Jefferson has been given a loan of $20,000 for 1 year. If the interest charged is $800, what is the interest rate on the loan?4% 2.A saleswoman is working on a 6% commission basis. If she wants to make $2,400 in one month, how much must she sell?$40,000 3.If $7,800 is ...
Saturday, October 3, 2009 at 1:38pm by callie

ECON-can anyone help
CAN ANYONE PLEASE HELP// 1. In the Country of Wiknam, the velocity of money is constant. Real GDP grows by 5 percent per year, the money stock grows by 14 percent per year, and the nominal interest rate is 11 percent. What is the real interest rate? 2. The goverment raises ...
Monday, October 22, 2007 at 10:50pm by greg

econ-HELP!
CAN ANYONE PLEASE HELP// 1. In the Country of Wiknam, the velocity of money is constant. Real GDP grows by 5 percent per year, the money stock grows by 14 percent per year, and the nominal interest rate is 11 percent. What is the real interest rate? 2. The goverment raises ...
Tuesday, October 23, 2007 at 1:43pm by greg

ECON
CAN ANYONE PLEASE HELP// 1. In the Country of Wiknam, the velocity of money is constant. Real GDP grows by 5 percent per year, the money stock grows by 14 percent per year, and the nominal interest rate is 11 percent. What is the real interest rate? 2. The goverment raises ...
Tuesday, October 23, 2007 at 4:49pm by greg

Maths
Grandpa places money in an account on your first birthday and will place that same amount in the account every year, ending with your 18th birthday. So there is a total of 18 deposits starting on first birthday. He expects to earn 8% interest per year. How much does he have to...
Wednesday, February 12, 2014 at 9:19am by Sejul

Economics
The formula given was: (real rate of interest) = (nominal rate of interest) - (expected rate of inflation) A chartered bank offers a one-year loan at "3 points above prime." Prime is 4 per cent. a) What is the nominal interest rate? b)If expected inflation is 3 per cent for ...
Thursday, May 17, 2012 at 5:43pm by Seinna

math
a woman puts $580 into a savings account for one year. the rate of interest on the account was 6 1/2%. How much interest for the year in dollars and cents?
Saturday, August 10, 2013 at 3:19pm by tori

Alegbra
A mother wants to invest $ 12,000.00 for her sons education. She invests a portion of the money in a bank certificate of deposit (CD Account) which earns 4% and the remain saving bond that earns 7%. If the total interest earned after a year is 720.00, How much invested in the ...
Sunday, October 6, 2013 at 7:38am by Lisa

calculus
Please help . confused here. The rate of change of an investment account earning continuous compound interest is given by dA/dt=kA where k is a positive constant. The initial account value was $2500. At the end of the third year, the account value was $4200. Find the ...
Monday, March 11, 2013 at 3:03pm by mikey2

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?
Saturday, December 10, 2011 at 12:18am 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?
Tuesday, December 13, 2011 at 12:25am by Julie

mat h
ms. buxx invested a total of $2000 in two savings accounts. The first account pays 3% interest per year and the second account pays 5% interest per yera. If the interest from both accounts totals $84 per yera, how much is invested in each account?
Monday, January 17, 2011 at 2:42pm by kevin

math
Suppose that you have $12,500 to invest over a 4 year period. There are two accounts to choose from: 4.5% compounded monthly or 4.3% compounded continuously. a. Write the formula for the first accountís compound interest for n compounding per year. b. Write the formula for the...
Wednesday, October 3, 2012 at 8:51pm by bob

algebra
Bob has $4000 invested in an account that earns 4.75% simple interest. He has another account that earns 6.5% simple interest. How much is invested in the 6.5% account if it earned $425.10?
Tuesday, October 5, 2010 at 5:49pm by Anonymous

Simple & Compounding Interest
Suppose Kevin and Jill both deposit $4000 into their personal accounts. If Kevinís account earns 5% simple interest annually and Jillís earns 5% interest compounded annually, how much will each account balance show at the end of 5 years? Calculate the difference between each ...
Wednesday, April 25, 2012 at 6:12pm by Need Help!!!

Math
Imagine you have invested $500 in an account that pays 5% simple interest per year. Can you find an arithmetic sequence to look for the amount of money in the account after 20 years?
Tuesday, July 12, 2011 at 9:00am by Kate

pre-algebra
Shannon put $ 7,000 in a 5 year CD that paid 8% interest per year. Malcolm put $6,000 in a 5 year CD that paid 10% interest. What was the balance of each person's account at the end of the 5 years? Who made more money and how much more did they make? (Use I= PRT Where I= ...
Friday, March 14, 2008 at 7:21pm by Dj

Math
Danny invested$5,000 into his savings account for college when he was 13 years old. If the account earns 2.5% interest every year, how much interest will danny have earned on his investment and how much money will danny have for college by the time that he is 18 years old?
Tuesday, December 4, 2012 at 7:41pm by Mackenna

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 Kevinís account earns 5% simple interest annually and Jillís earns 5% interest compounded annually, how much will each account balance show at the ...
Friday, April 27, 2012 at 10:32am by Need Help!!!

algebra
Kelly plans to put her graduation money into an account and leave it there for 4 years while she goes to college. She receives $750 in graduation money that she puts it into an account that earns 4.25% interest compounded semi-annually. How much will be in Kellys account at ...
Sunday, September 29, 2013 at 6:53pm by joe

Math
Luis has $150,000 in his retirement account at his present company. Because he is assuming a position with another company, Luis is planning to "roll over" his assets to a new account. Luis also plans to put $3000/quarter into the new account until his retirement 20 years from...
Sunday, April 29, 2012 at 10:45pm by Terri

ECON--HELP!!!
I am at work and am sending this on my cell phone.. BEFORE MY EXAM TONIGHT, CAN ANYONE PLEASE HELP// 1. In the Country of Wiknam, the velocity of money is constant. Real GDP grows by 5 percent per year, the money stock grows by 14 percent per year, and the nominal interest ...
Monday, October 22, 2007 at 2:11pm by greg

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

pre-algebra
You split $1500 between two savings accounts. Account A pays annual 5% interest and Account B pays 4% annual interest. After one year,you have earned a total of $69.50 in interest. How much money did you invest in each account?
Thursday, January 24, 2013 at 9:52pm by em

Economics
Ben deposits $5000 now into an account that earns 7.5 percent interest compounded annually. He then deposits $1000 per year at the end of the first and second years. How much will the account contain 10 years after the initial deposit?
Thursday, February 21, 2013 at 3:59pm by manny

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