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September 30, 2016

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

Number of results: 48,760

Maths ,science
Bongiwe invests R12000 in a savings account at 6,5% per annum compound interest.Calculate how much there will be in the savings account after 5 years
May 29, 2014 by Pardon

Calculous Pre
A population grows from 11,000 to 15,000 in three years. Enter your answers to three decimal places. Assuming the growth is exponential, find the growth rate and continuous growth rate Growth rate ______ %? Continuous rate _________ %?
October 3, 2014 by Serena

finance
Company sales and profits grow at a rate of 30% per year; at the end of 4 years (t4) the growth rate drops to steady 5%. Company recently paid a dividend of $1 per share, and the required return is 20%. What is the value of one share today (t0)? assuming dividends grow at same...
December 29, 2011 by todd

algebra
For a given interest​ rate, simple interest varies jointly as the principal and time. If ​$2000 left in an account for 6 years earned interest of ​$960, then how much interest would be earned in 7 ​years?
August 22, 2016 by leinani

engineering economic
Ahmad is considering investing RM2000 to Ali's project at an interest rate 6% compound annually for 5 years or investing RM2000 to Rosli at 7% per year simple interest for 5 years. From your point of view which option is better and state your reason
December 18, 2012 by anne

Finance
Say that you purchase a house for $150,000 by getting a mortgage for $135,000 and paying a $15,000 down payment. Assume you get a 15-year mortgage with a 6 percent interest rate. If the house appreciates at a 2 percent rate per year, what will be the value of the house in ...
October 13, 2014 by Dashawn

THEORY OF INTEREST
Suppose that a money market fund pays a nominal rate of interest of 8.7 percent convertible monthly. What is the equivalent nominal rate convertible quarterly?
September 30, 2014 by ALBERT

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

Principles of Finance
.A thirty year US treasury bond has a 4.0 percent interest rate.In contrast, a ten year Treasury bond has an interest rate of 2.5 percent. A maturity risk premium is estimated to be 0.2 percentage points for the longer maturity bond. Investors expect inflation to average 1.5 ...
November 12, 2013 by Sandy

math
Jim wants to deposit money in an account to save for a new stereo system in two years. He wants to have $4,000 available at the time. The following rates are available to him: 6.2% simple interest 6.1% compounded annually 5.58% compounded semiannually 5.75% compounded ...
October 22, 2009 by HG

value of money
You want to have $1,000,000 in your bank account when you turn 65 years old. Today is your 20th birthday. As a birthday present you received $27,000 and you want to invest this amount. At what annual interest rate must you achieve to realize this goal?
July 8, 2011 by nmh

Math
In 3 years, an investment earns $108 simple interest at a rate of 3%. Find the principle. Thank You.
August 30, 2016 by Steve

Math
Need help setting up the problem: If you deposited $800 into a savings account with an interest rate of 3.8%, what will be your balance at the end of 1 year. I was thinking the overall answer is 830.40 but you are supposed to use a percent equation and a proportion equation. I...
May 12, 2013 by Brandi

Math
SIMPLE INTEREST kelsie has an $800 savings bond which she has had for 2 1/2 years. The bond pays simple interest at the rate of 3.8% per year. If kelsie cashes the bond, what amount will she receive?
October 25, 2011 by Name

math
A) If the AEI increases by 3.0% a year and the RPI increases by 11.0% in the same year, then real earnings have gone down by 8% B) A new baby's parents are given 400 to invest for the baby, to be left untouched until she is 18 years old, in an account which has a guaranteed ...
May 16, 2007 by claudia

Finance
You are currently investing your money in a bank account which has a nominal annual rate of 8 percent, compounded annually. If you invest $2,000 today, how many years will it take for your account to grow to $10,000?
December 12, 2010 by Anonymous

math
The terms of a single parent's will indicate that a child will receive an ordinary annuity of $20,000 per year from age 18 to age 24 (so the child can attend college) and that the balance of the estate goes to a niece. If the parent dies on the child's 17th birthday, how much ...
April 30, 2011 by stuck on this one ?

bond valuation
Bond valuation The Garraty Company has two bond issues outstanding. Both bonds pay $100 annual interest plus $1,000 at maturity. Bondf L has a maturity of 15 years, and Bond S a maturity of 1 year. a. What will the value of each of these bonds when the going rate of interest ...
February 25, 2007 by Gayla D

bond valuation
Bond valuation The Garraty Company has two bond issues outstanding. Both bonds pay $100 annual interest plus $1,000 at maturity. Bondf L has a maturity of 15 years, and Bond S a maturity of 1 year. a. What will the value of each of these bonds when the going rate of interest ...
February 25, 2007 by Gayla D

finance
what is the present value of a perpetuity of $2500 per year given an interest rate of 8.25% p.a? (assume the first cash is four years from today)
October 23, 2009 by London

math 3
A customer sent in a $230 check to pay off an overdue bill but failed to pay the interest that accrued over the 45 days after the posted due date. The original balance owed was $230, and the account accrues interest at $0.42 per day. What amount of money should the customer ...
September 30, 2014 by annie

Calculus
A 0.3 ml dose of a drug is injected into a patient steadily for 0.35 seconds. At the end of this time, the quantity, Q, of the drug in the body starts to decay exponentially at a continuous rate of 0.4 percent per second. Using formulas, express Q as a continuous function of ...
January 20, 2011 by Brittany

finance
One year ago, Auto Land issued 10-year bonds at par. The bonds have a coupon rate of 6.5 percent and pay interest annually. Today, the market rate of interest on these bonds is 6.25 percent. How does today's price of this bond compare to the issue price
May 15, 2010 by Anonymous

algebra
At what interest rate would a deposit of $45,000 grow to $110,682 in 30 years with continuous 38) compounding?
March 18, 2012 by Sarah

algebra Word problem
what interest rate is required for an investment subject to continuous compounding to triple in 15 years? A= Pe^rt ?
April 11, 2014 by Kira

Financial management
If you deposit money today into an account that pays 6.5 percent interest, how long will it take for you to double your money? You can get a pretty good estimate by using the Rule of 72. Divvied 72 by 6.5 to obtain your answer. The formula depends on when the interest is ...
July 3, 2007 by T

finance
Wheeler Corporation is planning to expand its business and needs $30,000,000. The company believes that a 12-year term loan can be negotiated with a bank at an annual rate of 10%. Alternatively, an investment banking firm has indicated that it is willing to underwrite a common...
January 9, 2010 by Bill

Economic
1. Keogh and IRA plans allow people to do all of the following except A.save money each year for retirement. B.withdraw money from their accounts at the end of every year without penalty. C.establish their own pension plans. D.defer taxation of the interest they earn on their ...
March 25, 2010 by candance

algebra
The formula for calculating the amount of money returned for an initial deposit into a bank account or CD (certificate of deposit) is given by nt n r P A ʄ 1y A is the amount of the return. P is the principal amount initially deposited. r is the annual ...
February 2, 2012 by Ruth

calculus
Assume the initial investment was $6600 and the annual interest rate to be compounded continuously is 5%. Assume also that the target amount is $7900. If you want the account to contain the target amount given above after 9 years, what yearly interest rate is needed?
September 14, 2010 by nik

Math
An executive in an engineering firm earns a monthly salary plus a Christmas bonus of 5300 dollars. If she earns a total of 98700 dollars per year, what is her monthly salary in dollars?
February 1, 2011 by Scott

Financial Management
Proctor Micro-Computers, Inc. requires $1,200,000 in financing over the next two years. The firm can borrow the funds for two years at 9.5 percent interest per year. Mr. Procter decides to do economic forecasting and determines that if he utilizes short-term financing instead...
February 22, 2010 by Anonymous

Finance
A thirty-year U.S. Treasury bond has a 4.0 percent interest rate. In contrast, a ten-year Treasury bond has an interest rate of 3.7 percent. If inflation is expected to average 1.5 percentage points over both the next ten years and thirty years, determine the maturity risk ...
January 30, 2013 by Anonymous

math
a principle of $16,000 is invested at 8% and earns $8,320. simple interest. How long has the money been invested
December 16, 2010 by Anonymous

Ponce High School
An executive in an engineering firm earns a monthly salary plus a Christmas bonus of 5300 dollars. If she earns a total of 98700 dollars per year, what is her monthly salary in dollars?
September 3, 2014 by Maria Rivera

Business Math 205
The Stockton Bears Baseball Club Deposits $6,000 at the BEGINNING of each 3-month period for 6 years in an account paying 8% interest compounded quarterly. How much will be in the account at the end of the 6-year period?
June 25, 2011 by James

math
alison invests 400 in an account paying compound interest 4% per annum.find the interest earned over 5 years,round your answer to 3 significant figures.
October 25, 2012 by rahel

simple intrest
My daughter brought home a work sheet and I have no clue where to begin to help her and she seems to have no clue either. the questions are 1. Find the final balance in each account. $800 at 4.25% simple intrest for 6 years 2. $2,000 at 6% compounded annually for 3 years ...
February 20, 2007 by Veronica

Finance
7. Today you open a bank account and make a deposit of $6,000. Then you make the following deposits: in t=1 you deposit $6,500, in t=2 $45,000, in t=3 nothing, in t=4 nothing, in t=5 $7,000, in t=6 $8,700. You made your last deposit of $34,000 in t=7. Then, in t=10, you use ...
April 14, 2010 by Dantavis

Finance
If an investment of $5,000 today earns 5% in each of the next five years, and then earns 7% per year for five years after that, how much will the investment be worth at the end of the ten years?
February 1, 2011 by help w/ business

MATH
Im Struggling with this assignment here. Would like help ASAP. Consider following situation.. You are going to buy this laptop at $1294.00 plus HST. You can also pay $50 a month for 30 months with down payment of $100. Compare following 3 scenarios using spreadsheets to ...
April 6, 2011 by Anonymous

math
Shannon invests $3,000, at 8% interest, compounded quarterly for one year. Use Table 11-1 to calculate the effective interest rate for her investment. (Round the effective rate to the nearest hundredth percent.)
October 3, 2014 by Anonymous

Calculus with Analytical Geometry 1
You take out a 15 year mortgage for $20,000 at the rate of interest 4% compounded monthly. If, after 5 years, interest rate drop and you wish to refinance. How much remains to be on your mortgage?
February 9, 2016 by Sherianna

Personal Finance
Aaron wants to put $200.00 per month into an IRA account at 15% for four years. What is he solving for using his financial calculator? A. Present Value B. Future Value C. Interest Rate D. Payment
October 25, 2013 by Sharon

Personal Finance
Aaron wants to put $200.00 per month into an IRA account at 15% for four years. What is he solving for using his financial calculator A. present value B. future value C. interest rate D. payment
April 16, 2014 by Gabby

math
John took all his money out of his savings account. He spent $50 on a radio and 3/5 of what remained on presents. Half of what was left he put back in his checking account, and the remaining $35 he donated to charity. How much money did John originally have in his savings ...
June 26, 2010 by jessie

Business Math
If i wanted to accumulate a million dollars by investing money every year into a savings account at 3% for 30 years until retirement how much do i need to deposit each year?
April 5, 2010 by Heather

financial management
Wheeler Corporation is planning to expand its business and needs $30,000,000. The company believes that a 12-year term loan can be negotiated with a bank at an annual rate of 10%. Alternatively, an investment banking firm has indicated that it is willing to underwrite a common...
October 25, 2009 by donna

Algebra
A cab company charges a flat fee boarding rate in addition to a per mile rate Using your own experience or some internet research. Write an equation that represents a cab company's rate taking into account the initial flat boarding rate and the per mile rate.
June 19, 2016 by Beverly

Finance
A thirty-year Treasury bond has a 4.0 percent interest rate. In contrast, a ten-year Treasury bond has an interest rate of 2.5 percent. A maturity risk premium is estimated to be 0.2 percentage points for the longer maturity bond. Investors expect inflation to average 1.5 ...
November 3, 2013 by Chanel

pre calculus
Jack invests $1000 at a certain annual interest rate, and he invests another $2000 at an annual rate that is one-half percent higher. If he receives a total of $190 interest in 1 year, at what rate is the $1000 invested?
March 4, 2014 by Danielle

business
. George Wilkins checked the spreadsheet where he keeps track of his assets and liabilities. He discovered that (i) he owes $80,000 on his house, which he believes to be worth $150,000; (ii) his car is worth $20,000, against which there is $2,000 on the remaining bank loan; (...
April 17, 2011 by Susana

algebra
The number of bacteria in a certain population increases according to a continuous growth model, with a growth rate parameter of 25% per hour. An initial sample is obtained from this population, and after six hours, the sample has grown to 7081 bacteria. Find the number of ...
October 27, 2015 by Pat

Math
I need help with this I keep putting the numbers in wrong on the formula ! PLEASE HELP Price of article = $315.50 Down payment = $31.55 Monthly payment amount = $16.50 Duration of payments = 20 months True annual interest rate to the nearest tenth = % Formula: I(Interest)= 2YC...
June 24, 2013 by sarah

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?
August 22, 2012 by tisha

Finance
A man stipulates in his will that $50000 from his estate is to be placed in a fund from which his three children are to each receive the same amount when they reach age 21. When the man dies (on January 2010), the children are aged 19, 15 and 13. The fund earns variable ...
September 25, 2011 by Anonymous

math
joshua won $250000 in a draw to support the local hospital. he does not need the money for 3 months, so he decides to invest it in an account that pays 8% simple interest annually. calculate the interest paid on joshua's investment at the end of the 3 month period.
January 7, 2015 by sam

Math
If $1500 is invested at an interest rate of 3.5% per year, compounded continuously, find the value of the investment after 3 and 6 years. What formula would i use?
November 19, 2013 by Morgan

MATH
If I put $300 in an account that earns 5.5%, how much will there be in the account at the end of 21 years?
February 7, 2015 by SYLVIA

CALCULUS PLEASE HELP
The birth rate of a population is b(t) = 2300e0.024t people per year and the death rate is d(t)= 1450e0.018t people per year, find the area between these curves for 0 ≤ t ≤ 10
April 12, 2014 by LAUERN PLEASE HELP

algebra(help)
The amount of money, in dollars, raised each year by a student club can be estimated by the function f(x)=150x-240,000 where x is the year with 2000<x<2010. How much money did the students raise in 2008? What is the slope of the graph of f? Interpret the slope as rate of...
January 30, 2013 by debbie

math
An investor receives a total of Rs.5,700 per annum in interest from 3 stocks yielding 4%, 5% and 8% per annum respectively. The amount at 4% is Rs.20,000 more than the amount invested at 5%, and the interest from the 8% investment is 8 times the interest from the 5% investment...
November 9, 2015 by Haroon Gondal

Math
48000 people voted in the last election in the town of Southboro. If only 55% of the registered voters voted in the last election, how many people are registered to vote? I got 87,273 Nik put $264 in a savings account that pays 3% annual interest. How much will he have in his ...
February 25, 2013 by Mary

Math
48000 people voted in the last election in the town of Southboro. If only 55% of the registered voters voted in the last election, how many people are registered to vote? I got 87,273 Nik put $264 in a savings account that pays 3% annual interest. How much will he have in his ...
February 25, 2013 by Mary

math
last week Coughy worked 4 hours more than Achewy. she also worked twice as many hourse as Pokey. altogether, they earned $252. if couphy earns $6.50 per hour, Achewy earns $9 per hour, and Pokey earns $5 per hour, find the number of hours that each worked.
June 6, 2012 by Josh

algebra 2
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?
December 3, 2010 by Jasmine

algebra
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?
March 29, 2012 by Anonymous

Algebra
Suppose that P dollars are invested in a savings account at interest rate I, compounded annually, for 2 years. The amount A in the account after 2 years is given by A = P(1 + i)^2. Find an equivalent polynomial expression for A. Please help if you can! Thank you! :-)
April 16, 2009 by Cassie

Algebra
if $1500 grew to $1575 with 4% simple interest how long was the money in the account?
September 22, 2010 by Lynette

pride
you deposit 7900 in a money market account that pays a intrest rate of 4.3% the intrest is compounded quarterly how much money will you have after 3 years
May 21, 2013 by jamer

math
help find the simple interest rate. Find the simple interst owed for the use of the money. Assume 360 days in a year. p=$4000, r=6%, t= 1year
May 8, 2012 by Dee

math
help find the simple interest rate. Find the simple interst owed for the use of the money. Assume 360 days in a year. p=$4000, r=6%, t= 1year
May 9, 2012 by Dee

Foundations Math 12
Mark wants to buy a car in 15 months, when he graduates. He estimates the car he wants will cost $12 500. Mark has just invested $7500 in a GIC earning 4% compounded quarterly. He also has a savings account that earns 2.45%, compounded monthly. How much should he deposit in ...
February 18, 2014 by Leah

math
hakiim invested 15000 he put part of it in a term deposit that paid 4% per annum and the remainder in a treasury bill that paing 5% per annum after one year the total interest was 690 how much did hakiim invest at each rate
February 24, 2015 by sally

Urgent math
A couple needs a mortgage of $300,000. Their mortgage broker presents them with two options: a 30-year mortgage at 8 1/2% interest or a 15-year mortgage at 7 3/4% interest. (Round your answers to the nearest cent.) (a) Find the monthly payment on the 30-year mortgage and on ...
August 10, 2015 by Fay

Personal Finance
Suppose you buy a two-year CD for $10,000 from First Command Bank. Assume monthly compounding. Use the APR from the below Table 4.1 and the compound interest formula to determine how much interest the CD earns for you at maturity. The Table says APR is 3.84%
June 20, 2016 by Kinsey

Personal Finance (Math)
Becka borrowed $100 from her cousin at the rate of 6% per year. If the inflation rate was 2% that year, what is her cousin's actual rate of return on the loan? How do you work this out?
September 27, 2014 by Luis

Math
If you place $1000 in a savings account with an interest rate of 5.25% a month how much should you earn an interest at the end of the month?
March 2, 2015 by Dylan

Finance
Ambrin Corp. expects to receive $2,000 per year for 10 years and $3,500 per year for the next 10 years. What is the present value of this 20 year cash flow. Use a 11% discount rate.
February 2, 2009 by usha

algebra
don williams invested some money st 9% simple interest. At the end of the year, the total amount of his original principal and the interest was $6.540. How much did he originally invest
November 22, 2010 by nora

math
A house is rented for $2000 per quarter, with each quarter's rent payable in advance. If money is worth 2%, compounded quarterly, and the rent is deposited in an account, what is the future value of the rent for one year?
April 30, 2011 by plz help

Math
The management of Gibraltar Brokerage Services anticipates a capital expenditure of $27,000 in 3 yr for the purpose of purchasing new computers and has decided to set up a sinking fund to finance this purchase. If the fund earns interest at the rate of 9%/year compounded ...
February 7, 2011 by Salvany

rubidoux high school
Susan is putting money into a checking account. Let y represent the total amount of money in the account (in dollars). Let x represent the number of weeks Susan has been adding money. Suppose that x and y are related by the equation = + 30 x 350 y
February 11, 2015 by jessica mendez

math(compunded interest )
4. At the end of every year for 3 years, RM1000 will be invested in an account that offers 8% compounded annualy.Find the account amount at the end of the 3 years.
April 24, 2014 by fizz

STRAYER
If $795 is invested in an account that earns 11.75%, compounded annually, what will the account balance be after 27 years?
September 10, 2011 by MARY

math
If $870 is invested in an account that earns 24.25%, compounded annaually, what will the account balance be after 30 years.
June 13, 2012 by linda

algebra
If $1000 is invested in an account that earns 11.75%, compounded annually, what will the account balance be after 12 years?
November 4, 2012 by sara

Finance
Faulkner Corporation expects to pay an end-of-year dividend, D1, of $1.50 per share. For the next two years the dividend is expected to grow by 25 percent per year, after which time the dividend is expected to grow at a constant rate of 7 percent per year. The stock has a ...
October 6, 2008 by Anonymous

calculus 2
The birth rate of a population is b(t) = 2000e^0.022t people per year and the death rate is d(t)= 1460e^0.017t people per year, find the area between these curves for 0 ≤ t ≤ 10. (Round your answer to the nearest integer.)
January 22, 2016 by TayB

math
Tony deposited $3000 into a savings account that pays him interest at a rate of 3%. How much interest will Tony earn in 5 years?
February 24, 2016 by autumn

macroeconomics
Suppose you borrow $900 of principal that must be repaid at the end of two years, along with interest of 5 percent a year. If the annual inflation rate turns out to be 10 percent, (a) What is the real rate of interest on the loan?
February 19, 2016 by Anonymous

Calc
How much money will we have in 6 months if we invest $1000 into an account earning 8% compounded continuously? How long will it take the $1000 to double? What is the effective rate for 8% compounded continuously that would produce the same accumulated amount after 1 year as 8...
July 15, 2012 by Rita

finance
A thirty-year U.S. Treasury bond has a 4.0 percent interest rate. In contrast, a ten-year treasury bond has an interest rate of 3.7 percent. If inflation is expected to average 1.5 percentage points over both the next ten years and thirty years, determine the maturity risk ...
July 28, 2013 by Jon

algebra
1. The formula V=lwh is used to find the volume of rectangular prisms. Which equation solves for w? a. w=V-l-h b. w=Vlh c. w=lh/V D. w=V/lh 2. Mr. Marsupial invested $8,000, part at 6% interest and the reamainder at 8% interest. At the end of the first year he received &600 i ...
March 18, 2012 by Yaya

MATh
JERRY invested $650 at a simple interest rate of 3.5% per year. How much will Jerry have in 8 years.
April 28, 2011 by christomes

algebra
A principal of $5000 was invested in a savings account for 4 years. If the interest earned for the period was $400, what was the interest rate? i know this is 1.5 % or at least I think it is but how do i write it out? Use the equation I=Prt, where I=interest earned, P=...
May 30, 2007 by confused

Math
At the end of each quarter, a 50-year-old woman puts $3000 in a retirement account that pays 5% interest compounded quarterly. When she reaches 60, she withdraws the entire amount and places it in a mutual fund that pays 6.9% interest compounded monthly. From then on she ...
November 7, 2010 by dana

another problem for checking - algebra
P dollars is invested at annual interest rate r for 1 year. If the interest is compounded semiannually, then the polynomial P(q + r/2)^2 represents the value of the investment after 1 year. Rewrite w/o parenthesis and eval if P= $200 and r = 10% P(1 + r/2)^2 200(1 + r/0.10/2)^...
September 17, 2007 by Nik

Math question word
Milan bought a desktop computer and a laptop computer. Before finance charges, the laptop cost $350 less than the desktop. He paid for the computers using two different finance plans. For the desktop the interest rate was 7% per year, and for the laptop it was 9.5% per year. ...
December 10, 2015 by Anonymous

math
Compound Interest Question James has 10,000 to invest. If he invest money in a savings account that pays 4% APR, calculate the following: a) how long will it take to have a total of 15,000 if interest is compounded quarterly (3months)? b)how much will he have after 7yrs if ...
April 28, 2013 by martha

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