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July 23, 2014

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

Number of results: 22,352

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.
May 16, 2011 by CJ

Algebra
A mother wants to invest 8,000 dollars into her child's college fund. She invests a portion of the money into a CD account which earns 4% interest, and the remainder into a savings bond which earns 7% interest. If the total interest earned after one year is $480.00, how much ...
June 1, 2014 by Amber

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

math
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 ...
February 17, 2011 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 ...
February 17, 2011 by ---

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?
November 12, 2010 by sierra

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...
March 9, 2011 by MARIAH

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

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...
May 25, 2010 by Anonymous

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?
December 30, 2012 by Andrea

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 ...
June 22, 2012 by Ajay Devgan

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 ...
June 26, 2012 by Ajay

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?
July 8, 2011 by nmh

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?
June 29, 2012 by Anonymous

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...
January 20, 2013 by Justin

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 ...
March 15, 2013 by carmelo

Algebra
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 ...
May 8, 2014 by Anonymous

math
v(t)= Ce^(k(square root(t)) Suppose that the dealer, who is 25 years old, decides to sell the card at time , sometime in the next 40 years: 0< or equal to t < or equal to 40. At that time , heíll invest the money he gets for the sale of the card in a bank account that ...
May 23, 2012 by victoria

Algebra Question~!
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 principle, and A is the amount of money after t years. What is the interest rate of ...
May 5, 2014 by Gabby

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?
January 31, 2014 by sheri

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 ...
November 17, 2012 by Mark

Math
Kent invested $5,000 in a retirement plan.He allocated X dollars of the money to a bond account that earns 4% interest per year and the rest to a traditional account that earn 5% interest per year. 1.Write an expression that represents the amount of money invested in the ...
May 11, 2010 by Shadow

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 ...
April 1, 2013 by Amber

Math
Deana invests some money that earns interest compounded annually. At the end of the first year, she earns $400 in interest. At the end of the second year, she earns $432 in interest. a) what interest rate, compounded annually, is deana earning? b) how much did she invest?
May 13, 2014 by Victoria

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 ...
October 28, 2008 by isabel

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 ...
September 29, 2013 by joe

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...
July 22, 2013 by Tee

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 ...
April 25, 2012 by Need Help!!!

Algebra
An initial investment of $480 is invested for 4 years in an account that earns 16% interest, compounded quarterly. What is the amount of money in the account at the end of the period?
May 7, 2010 by Cherie

algebra 2
how much money will betty need, to the nearest cent, to invest in a certificate of deposit to have $20,000 after 20 years if the account earns a simple annual interest rate of 3.5%
May 26, 2011 by sandiie

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?
October 18, 2012 by rawr... im a dinosaur.... rawr

math
An initial investment of $1240 is appreciated for 17 years in an account that earns 8% interest, compounded continuously. Find the amount of money in the account at the end of the period.
April 8, 2011 by allison

Math
An initial investment of $1000 is appreciated for 8 years in an account that earns 9% interest, compounded annually. Find the amount of money in the account at the end of the period
June 8, 2011 by Lisa

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 ...
April 27, 2012 by Need Help!!!

math
v(t)= Ce^(k(square root(t)) Suppose that the dealer, who is 25 years old, decides to sell the card at time , sometime in the next 40 years: 0< or equal to t < or equal to 40. At that time , heíll invest the money he gets for the sale of the card in a bank account that ...
May 23, 2012 by allison

pre calc
An initial investment of $12,000 is appreciated for 5 years in an account that earns 7% interest, compounded quarterly. Find the amount of money in the account at the end of the period
June 10, 2010 by joanie

college math
An initial investment of $1000 is appreciated for 4 years in an account that earns 6% interest, 2) compounded semiannually. Find the amount of money in the account at the end of the period.
March 31, 2013 by lisa

Math
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 and she puts it into an account that earns 4.25% interest compounded semi-annually. How much will be in kelly's account at ...
February 24, 2012 by Anonymous

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
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 ...
April 24, 2012 by Dee

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?
December 12, 2011 by jazmin

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 ...
January 8, 2013 by fawn

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?
October 5, 2010 by Anonymous

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...
March 14, 2011 by Anonymous

Math
I want to open a savings account that earns 1.6% simple interest yearly. I want to earn exactly $288 in interest after 3 years. How much money should I deposit?
January 8, 2013 by Liz

College level math
Suppose you deposit $100 in an account that earns 0.5% each month. You make no withdrawals from the account and deposit no more money into the account. How much money will you have in the account after 4 years?
January 24, 2009 by Steph

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 ...
April 8, 2008 by James

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 ...
April 16, 2012 by Erica

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...
April 6, 2008 by Terry B

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?
February 26, 2010 by Anonymous

math
how much money would have to be invested in an account at 3.98% annual interset to achieve a balance of 25,000 in 17 years if a. The account pays simple interest b. the account compound interest qrtly c. the account compounds interest continuously
January 1, 2011 by rick

math
Bert is planning to open a savings account that earns 1.6% simple interest yearly. He wants to earn exactly $240 in interest after 3 years. How much money should he deposit?
March 27, 2010 by melanie

math
Bert is planning to open a savings account that earns 1.6% simple interest yearly. He wants to earn exactly $160 in interest after 2 years. How much money should he deposit?
January 25, 2012 by shannon

math
Bert is planning to open a savings account that earns 1.6% simple interest yearly. He wants to earn exactly $384 in interest after 3 years. How much money should he deposit?
November 5, 2012 by Michael

math
5. Bert is planning to open a savings account that earns 1.6% simple interest yearly. He wants to earn exactly $192 in interest after 2 years. How much money should he deposit?
March 9, 2013 by jay

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
August 4, 2013 by Nicole

math
Bert is planning to open a savings account that earns 1.6% simple interest yearly. He wants to earn exactly $128 interest after 2 years. How much money should he deposit? Pls help me!
November 25, 2008 by gio

math
You deposit $6,700 in a money-market account that pays an annual interest rate of 3.3%. The interest is compounded quarterly. How much money will you have after 4 years?
February 6, 2013 by kenny

Math
You deposit $6,700 in a money-market account that pays and annual interest rate of 3.3%. The interest is compounded quarterly. How much money will you have after 4 years
April 11, 2013 by Dakota

math
You deposit $7,900 in a money-market account that pays an annual interest rate of 4.3%. The interest is compounded quarterly. How much money will you have after 3 years?
December 3, 2013 by yo

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 ...
October 6, 2013 by Lisa

Finite Math and Applied Calculus
Betty Sue sets up a retirement account. For the first 35 years, she deposits $500 at the end of each month into an account with an annual interest rate of 3.6%, compounded monthly. Then, she stops making monthly payments and transfers the money into a di fferent account with ...
February 19, 2014 by Chris

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

Calculus
Redo problem 8 in section 6.3 of your textbook (page 288) assuming that the parents need $105000 in 9 years for college expenses, and that the bank account earns 9.25% compounded continuously. Round your answers to the nearest cent. (You may need to compute your answers to 4 ...
December 1, 2010 by Brooke

Calculus
Money is deposited in an account for which the interest is compounded continuously. The initial investment in the account is $2000 and the annual interest rate is 14%. What is the time required for the balance to double? Round your answer to three decimal places.
November 7, 2011 by Help Me

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
Suppose you deposit $400 in an account that earns 0.75 percent each quarter. You make no withdrawals from the account and deposit no more money into the account. How much money will accumulate after 2.5 years?
February 16, 2009 by Naimy

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]
February 27, 2008 by Trixie

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*
April 9, 2012 by Marilyn

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 ...
March 13, 2013 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 ...
March 13, 2013 by fishfry

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
November 30, 2009 by Chris00

math
in the month of May, ronald earned $4.36 in interest on his saving account. if his interest rate is 0.2%, how much money was in his account during the month?
October 18, 2011 by grace

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]
February 27, 2008 by trixie

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 ...
March 11, 2013 by mikey2

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?
July 28, 2012 by Emmett

math
Sam opened a money-market account that pays 2% simple interest. He started the account with $7,000 and made no further deposits. When he closed the account, he had earned $560 in interest. How long did he keep his account open?
October 31, 2013 by Lexi

Economics
Hypothetical Economy: -Money Supply= $200 billion -Quantity of money demanded for transactions=$150 Billion -Quantity of money demanded as an asset=$10 billion at 12% interest -increaseing by $10 billion for each 2 percentage point fall in the interest rate. A. What is the ...
January 29, 2007 by Frank

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
November 19, 2013 by Anonymous

calculus
Suppose that the dealer, who is 25 years old, decides to sell the card at time , sometime in the next 40 years: 0< or equal to t < or equal to 40. At that time , heíll invest the money he gets for the sale of the card in a bank account that earns an interest rate of r , ...
May 23, 2012 by illy

math
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?
July 18, 2011 by Anonymous*

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
An investor has 7000 to invest in two accounts. The first account earns 8% annual simple intrest, and the second account earns 13% annual simple intrest .How much money Should be invested in each account so that the simple intrest earned is 500?
August 11, 2013 by Anonymous

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

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

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 ...
April 20, 2011 by heydog

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

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 ...
February 17, 2014 by Taylor

Math
Mona opened a savings account with a $500 deposit and a simple interest rate of 5.6%. If there were no deposits or withdrawals, how much money is in the account after 8/1/2  years
February 3, 2014 by maggie

Math
Search Results for "Ruth has some money in a savings account. after the bank adds 5% interest to her account , she has $126. How much was in her account before the interest was added" How do i write this in an equation?
September 3, 2013 by Randy

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...
April 29, 2012 by Terri

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?
March 18, 2013 by Anonymous

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
June 8, 2011 by michelle

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?
December 4, 2012 by Mackenna

math
when invested at an annual interest rate of 4.7% an account earned 1290.33 of simple interest in 3 years how much money was originally invensted
November 19, 2013 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

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?
January 24, 2013 by em

algebra 2
You invest $100,000 in an account with an annual interest rate of 4.5%, compounded semiannually. How much money is in the account after 10 years? Round your answer to the nearest whole number.
July 14, 2011 by Anonymous

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