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February 28, 2015

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

Number of results: 41,279

Applied Business Math
Michelle needs to save $7,000 for school in the next two years. She found a bank that offers a 9% interest rate compounded annually. What does she need to deposit at the beginning of the year to have enough money for school?
September 23, 2013 by Latoya Porter

Economics - Finance
If your bank pays 5.5 percent interest on savings deposits, what is the simple interest paid in the third year on an initial $100 deposit? What is the total amount in the account after three years? What is the amount after three years if the interest was compounded annually?
October 1, 2012 by Wendi Jones

math pre cal
What is the future, rounded to whole dollars, of $25,000 after 7 1/2 years, if money earns at an annual rate of 5.75% compounded continuosly?
November 1, 2011 by fred

Algebra
A grandmother is looking for a plan to finance her new grandchild’s college education. She has $25,000 to invest. Search the internet and locate a long-range investment plan, CD, Savings Bond, etc, for the grandmother. The plan is to earn compound interest. Calculate the ...
January 30, 2012 by Betty

Finance
A Treasury note with a maturity of four years carries a nominal rate of interest of 10 percent. In contrast, an eight-year Treasury bond has a yield of 8 percent. a. If inflation is expected to average 7 percent over the first four years, what is the expected real rate of ...
September 6, 2012 by vincent

finance
A thirty year US Treasury bond has a 4.0% interest rate.In contrast a ten year treasury bond has an interest rate of 3.7%. If inflation is expected to average 1.5% points over both the next ten years and thirty years, determine the maturity risk premium for the thirty year ...
January 27, 2012 by fran taylor

Finance
P5. A thirty U.S. 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 .2 percentage points for the longer maturity bond. Investors expect inflation to average 1.5 ...
November 2, 2013 by Dee

Personal Finance
Mary and Joe would like to save up $10,000 by the end of three years from now to buy new furniture for their home. They currently have $1500 in a savings account set aside for the furniture. They would like to make three equal year end deposits to this savings account to pay ...
April 30, 2010 by amanda

math
mr. greatest bought an aotomobile for $250,000and paid a 20% down payment .it the rate of interest is 6.5% per year, and he agrees to pay the balance in 20 equal monthly installments,what is the amount of each installment?
January 29, 2013 by justien

Math
Aidan has $7565 in his checking account. He invests $5000 of it in an account that earns 3.5% intersest compounded continuously. What is the total amount of his investment after 3 years?
December 3, 2012 by Student09

Determinants of Interest Rates
If the rate of inflation is 5%, what nominal interest rate is necessary for you to earn a 3% real interest rate on your investment?
October 20, 2010 by Anonymous

sat math
I have some questions that I'm a little stuck on. They're pretty simple but I'm just having trouble. Can someone please tell me the steps on how to solve them? 1. A collection of books is set up into 34 rows. The first row has 96 books, and each row after that one has 2 less ...
May 29, 2013 by zf

Math 208
nico is saving money for his college education. He invests some money at 6%, and $1400 less that that amount at 5%. The investments produced a total of $172 interest in 1 yr. how much did he invest at each rate?
May 20, 2013 by Jackie

math
You start an investment account with $3000 and save $100 each month. Write a rule to represent the total amount of money you invest in the account as an arithmetic sequence. How much money will you have invested after 12 months?
October 25, 2011 by Jane

economics
Federal Reserve increases discount rate to 3.5 what will happen to the bank lending, supply of money, aggregrate demand and the interest rate and why?
April 11, 2009 by adam

math
James invested $4,000 at 5% interest per year; how long will it take him to earn $200 in simple interest?
November 1, 2011 by iris

COM155
Write two paragraphs about how interest rates affect our purchasing decisions. High interest rates make us stop and think, do we need this item? Is it a necessity? When interest rates are high people tend to finance things less. Why pay a lot in interest when you can just ...
August 9, 2011 by Jessica

MATH HELP ASAP!
Randee invested $1000 for college in an account earning 5% simple interest. When she withdrew the investment, she had earned a total of $550 in interest. How long was the money invested? A 9 years B 10 years C 11 years D 12 years
December 9, 2014 by DerpyPegasus33

Math
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...
February 18, 2014 by Dan

Math
A customer requests a loan advance of $300 with an annual interest rate of 22%. What is the dollar amount of the interest for the entire year
May 15, 2012 by Denise

math
What annual interest rate was charged on a 2-year loan of $6300 if the simple interest paid was $1039.50? Show your work
July 6, 2012 by bob

accounting
A customer requests a loan advance of $300 with an annual interest rate of 22%. What is the dollar amount of the interest for the entire year?
March 4, 2013 by Anonymous

Please Help!!!! Maths
Over a three-year period, the total interest paid on a $4500 loan was $1620. What was the interest rate?
April 3, 2013 by Jeconiah

Calculus
A 0.2 ml dose of a drug is injected into a patient steadily for 0.75 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 0.2 percent per second. Using formulas, express Q as a continuous function of ...
February 6, 2011 by Abigail

math
a certain sum of money atcompound interest becomes Rs7396 in 2 years and Rs7950.70 in 3 years.Find the rate of interest
May 17, 2011 by susanta

Maths
pauline paid $450 simple interest to borrow $20 000. The interest rate was 6% p.a. For what time period did she borrow the money?
June 26, 2013 by Fishy

Calculus
Company QRS generated a net profit between 1992 and 1997 at a rate approximated by 20 t + 264.5 million dollars per year, where t is the time in years since 1992. Find the value, in 1992, of QRS's net profit over the 5-year period from 1992 to 1997. Assume that the interest ...
December 1, 2010 by Brooke

English
I was to write 2 paragraphs on how interest rates affect our purchasing decisions and underline the topic sentence of each one. I would like to know if my prargraphs are okay and if I chose the TS correctly. Since I dont know how to underline here the topic sentences I chose ...
January 9, 2011 by Karen

math
Find the amount of money in an account after 7 years if $3900 is deposited at 7% annual interest compounded monthly.
September 21, 2009 by lori

Math
Find the amount of money in an account after 12 years if $1000 is deposited at 5% annual interest compounded quarterly.
November 20, 2009 by Megan

math
Find the amount of money in an account after 12 years if $1000 is deposited at 5% annual interest compounded quarterly.
November 22, 2009 by Meg

algebra
you deposit 8500 dollars in an account that pays you 3.5 % interest compounded continuously. How long will it take for the money to triple?
October 31, 2010 by frank

College Algebra
Suppose that you invest $6,000 at 2% interest compounded continu- ously. How much money will be in your account in 5 years?
December 1, 2011 by Ddog

algebra
A grandmother is looking for a plan to finance her new grandchild’s college education. She has $25,000 to invest. Search the internet and locate a long-range investment plan, CD, Savings Bond, etc, for the grandmother. The plan is to earn compound interest. Calculate the ...
November 4, 2012 by Kathy

college algebra
An investment initially worth $5300 earns 7.7% annual interest, and an investment initially worth $8000 earns 5.6% annual interest, both compounded annually. How long will it take for the smaller investment to catch up with the larger one?
November 21, 2014 by Brett

Math(Asap)
1. A 3,500.00 principal earns 3% interest, compounded semi annually. After 20 years, what is the balance in the account A. 7,700.00 B. 4,713.99 C. 5,600.00 D. 6,349.06 Steve, I got the second one. It was 18,112.45. But I still cannot get the first one.
February 12, 2015 by Tia

algebra
Hannah invests $3850 dollars at an annual rate of 6% compounded continuously, according to the formula A=Pe^rt, where A is the amount, P is the principal, e=2.718, r is the rate of interest, and t is the time, in years. (a) Determine, to the nearest dollar the amount of money ...
July 27, 2012 by Carla

Math
Please help me and show an understanding please, so I see how to figure them out. Lee deposited $28,000 in an interest-bearing checking account that earns 3.5% interest compounded daily. Find the amount after 68 days. a.$183.16 b.$28,180.46 c.$28,183.16 d.$180.46 On April 10th...
February 20, 2015 by Marc

value of money
Deposits of $1,000, $1,100 and $680 were made into a savings account, the first two years ago, the second 18 months ago, the third 6 months ago. How much is in the account now if the interest on all deposits is 12% compounded semi-annually?
July 8, 2011 by nmh

Math
Which sequence do I use to get the answer to this problem? Arithmetic or geometric? The answer is $36,000 but I do not no how to write it out or which one to use, Can someone please help me? Thank you. A person deposited $500 in a savings account that pays 5% annual interest ...
September 2, 2010 by Fh

maths
Calculate the amount at a rate of rs 1200 per month.with effect from 1st august 2000 till 1st april 2013 at a rate of 11% interest per annum
April 15, 2013 by prashant

Everest
Jamie is thinking about investing in some residential income producing property that she can purchase for $200,000. Jamie can either pay cash for the full amount of the property or put up %50,000 of her own money and borrow the remaining %150,000 at 8% interest. The property ...
January 10, 2014 by Brittany Thomas

finance
Farah Jeans of San Antonio, Texas is completing a new assembly plant near Guatemala City. A final construction payment of Q8,400,000 is due in six months [“Q” is the symbol for Guatemalan quetzals]. Farah uses 20% per annum as its weighted average cost of capital. Today’s ...
May 5, 2011 by Sara

Business Math and Statistics
You deposit $1,000 for 4 years at an interest rate of 2.0%. If the interest is compounded annually, how much money do you have after 4 years?
December 8, 2013 by Teresa

Finance
Anna has been saving $450 in her retirement account each month for the last 20 years and plans to continue contributing $450 each month for the next 20 years. Her account has been earning a 9 percent annual interest rate and she expects to earn the same rate for the next 20 ...
October 13, 2014 by Stovall

Finance
Anna has been saving $450 in her retirement account each month for the last 20 years and plans to continue contributing $450 each month for the next 20 years. Her account has been earning a 9 percent annual interest rate and she expects to earn the same rate for the next 20 ...
October 13, 2014 by Dashawn

Finance
Anna has been saving $450 in her retirement account each month for the last 20 years and plans to continue contributing $450 each month for the next 20 years. Her account has been earning a 9 percent annual interest rate and she expects to earn the same rate for the next 20 ...
October 13, 2014 by Dashawn

Math
hollis is paying off 2 student loans. One loan charges 7% interest, per year. The other loan charges 9 % interest per year. He owes $1500 more on the 7% loan than he does on the other. Last year he paid a total of $617.00 in interest. what does he owe on each loan what is 2,...
April 8, 2007 by Edward

math
find the interest rate to the nearest hundredth of a percent that will produce $2500, if $2000 is left at interest compounded semiannually for 4.5 year
October 23, 2012 by amber

CALC
If 42600 dollars is invested at an interest rate of 5 percent per year, compounded semiannually. What does semiannually mean? to find the values at 5 years would you just multiply?
March 24, 2009 by Paisley

Math
John invested $2500, part at 8% and the rest at 12% per annum. The two parts earned equal amount of interest in one year. How much was invested at each rate?
March 25, 2010 by Me

Finance
You want to withdraw $39,944 from your account that the end of one year and $24,608 at the end of the second year. How much should you deposit in your account today so that you can make these withdrawals? Your account pays 15 percent p.a. Answer: $53,341.10 Can someone provide...
October 12, 2014 by TaylorB

Math
Joe invested $12,000, part at 6% interest and part at 8% interest. In the first year he earned $860 in interest. How much was invested at each rate? Answer _____________
April 20, 2010 by Amanda

maths
The compound interest on a certain sum for 2 years is Rs 41 and simple interest is Rs 40.Then the rate per annum is
December 3, 2014 by desh

Algebra: Simple Interest
Problem: Geoff has $5000 to invest. He wants to earn $568 in interest in one year. He will invest part of the money at 12% and the other part at 10%. How will he invest. +I already know how to do Simplest Interest, I just can't read the problem to find what i = p = r = t =
November 22, 2010 by Milly

Math
Which is a better rate of interest: 3 year CD at 2.50% or: 2 year CD at 2.22% ? Thanks ever so much!
April 12, 2011 by Rosedala

corporate finance
1)You have just turned 30 years old, have just received your MBA, and have accepted your first job. Now you must decide how much money to put into your retirement plan. The plan works as follows: Every dollar in the plan earns 7% per year. You cannot make withdrawals until you...
April 22, 2010 by SHALLY

math
Jamie Thompson is thinking about investing in some residential income-producing property that she can purchase for $200,000. Jamie can either pay cash for the full amount of the property or put up $50,000 of her own money and borrow the remaining $150,000 at 8% interest. The ...
September 24, 2013 by zeenat

Finance
2. Jamie Thompson is thinking about investing in some residential income-producing property that she can purchase for $200,000. Jamie can either pay cash for the full amount of the property or put up $50,000 of her own money and borrow the remaining $150,000 at 8% interest. ...
November 2, 2014 by Marie

Math... please help me
Please can you help me to solve and get the solution for these problems. how to get the solution please help me question: 1.Find the price of a 10% coupon bond with 10 years to maturity if interest rates: A) increase by 1% B) decrease by 1% C) increase by 1.5% D) decrease by ...
September 11, 2011 by jessie

Math interest rate
Please explian how to figure out the the initial interest rate of the ARM ? Given th these facts thanks :) Ben bought a home with an adjustable-rate mortgage. The margin on the loan is 2.7% and the rate cap is 7.2% The current index rate is 4.3%
November 14, 2007 by Anonymous

annual interest
you invested 12000 in two accounts paying 5% and 7% annual interest. If the totak interest earned for the year was 760 how much was invested at each rate?
October 28, 2012 by Anonymous

How long will it take the investment to double?
$3,600 is invested in an account at an annual interest rate of 4.8% compounded continuously. How long, to the nearest tenth of a year, will it take the investment to double in size?? Any help would be appreciated.
October 10, 2014 by Naomi

math
We deposited 7,500 dollars into a savings account which pays 3.6 percent annual interest, compound quarterly.How long after the money is deposited will the account balance be 9,750 dollars?What initial deposit will generate a balance of 12000 dollars in exactly 4 years and 6 ...
September 28, 2010 by nesha

MS.SUE PLS HELP ME
Please can you help me to solve and get the solution for these problems. how to get the solution please help me for my homework. question: 1.Find the price of a 10% coupon bond with 10 years to maturity if interest rates: A) increase by 1% B) decrease by 1% C) increase by 1.5...
September 12, 2011 by jessie

algebra
Compounded semiannually. P dollars is invested at annual interest rate r for 1 year. If the interest is compounded semiannually, then the polynomial represents the value of the investment after 1 year. Rewrite this expression without parentheses. Evaluate the polynomial if
August 10, 2013 by shirley whitley

Math
Eva invested a certain amount of money at 9% interest and $1600 more than that amount at 11%. Her total yearly interest was $760. How much did she invest at each rate?
September 10, 2010 by Mark G

Math
Eva invested a certain amount of money at 9% interest and $1600 more than that amount at 11%. Her total yearly interest was $760. How much did she invest at each rate? 9%? 11%? Thanks for any of your help
September 11, 2010 by Mark G

math
Eva invested a certain amount of money at 5% interest and $1500 more than that amount at 17%. Her total yearly interest was $750. How much did she invest at each rate?
September 16, 2012 by Taylor

Algebra
Eva invested a certain amount of money at 12% interest and $1500 more than that amount at 13%. Her total yearly interest was $800. How much did she invest at each rate?
September 21, 2012 by Krish

Math
Michelle needs to save $7,000 for school for the next two years. She found a bank that offers a 9% interest rate compounded annually. What does she need to deposit at the beginning of the year to have enough money for school? Refer to the Present Value Table.
September 21, 2011 by Kara

math 10
Trisha earns $17,500 per year. If she has 30% withheld for deductions, what is the net amount of her biweekly paycheck?
January 26, 2010 by AR

math
a salesperson ears a salary of 17,000 per year. she also makes a commission of 14% on her saes. if her sales for the year total $120,000, how much money was she paid for the year?
July 6, 2011 by bob

finance
1. Assume investors expect a 2.0 percent real rate of return over the next year. If inflation is expected to be 0.5 percent, what is the expected nominal interest rate for a one-year U.S. Treasury security?
January 28, 2012 by fran123

finance
Assume investors expect a 2.0 percent real rate of return over the next year. If inflation is expected to be 0.5 percent, what is the expected nominal interest rate for a one-year U.S. Treasury security?
February 17, 2013 by jen

finance
How much must be deposited into an account to generate a $2,400 payment every three months for the next four years if the account earns 10% compounded quarterly
April 22, 2014 by dawn

math
Find the amount of money in an account after 12 years if $1000 is deposited at 5 percent annual interest compounded quarterly
November 20, 2009 by Anonymous

algebra 1
Money in a bank account that compounds interest by some percentage acts______. a. linearly b. exponentially c. negatively d. like a fraction B?
August 30, 2010 by Lily

Algebra 2
How much money would you have in 4 years if you deposited $2500 in an account paying 5.5% annual interest, compounded monthly?
February 27, 2013 by Anonymous

Math
Find the future value of $800 deposited at 5% for 2 years if the account pays simple interest, and the account pays interest compounded annually
February 21, 2013 by Muffin

accounting
Case 1 (8 marks) Bona Bonjela works as a bricklayer and earns $45,500 per annum. His wife, Leslie, has a part-time job in which she earns $18,500 per annum. Leslie has been left an inheritance of $300,000 by her aunty. If this money is invested in a bank deposit, it will ...
January 5, 2011 by hashan

Algebra
Joe invested $12000, part at 6% interest and part at 8% interest. In the first year he earned $860 in interest. How much was invested at each rate?
June 25, 2008 by Kim

Finance
1. You deposit $100,000 at an annual rate of 5.6%. If interest is accrued following continuous compounding, how much will you have accumulated by the end of three and a half years?
February 1, 2011 by FinanceHelp

Math
Gina plans to invest $12,000, part at 4% simple interest and the rest at 6% simple interest. What is the most she can invest at 4% and still be guranteed at least $650 in interest per year?
July 1, 2009 by Pamela

art
Gina plans to invest $12,000, part at 4% simple interest and the rest at 6% simple interest. What is the most she can invest at 4% and still be guaranteed at least $650 in interest per year?
March 3, 2010 by Anonymous

Accounting
Question #1 (a) I am working on the adjusting balance sheet. I am close to where I need to be in my adjustments and wondering if I am missing a step to figuring a few things out. If money is earned but not unpaid or recorded for salaries, and the next payday is after the ...
February 16, 2010 by Jesse

Economics
Suppose you deposit $5,000 in a bank which pays 10 percent interest compounded twice a year. The actual annual interest rate you receive is: a- 10 b-11 c-10.25 d-12
April 19, 2011 by mike

math
If you purchase an item for $1,263 at an interest rate of 9.8%, and you finance it for 1 year, how much is the amount of add-on interest? (Round your answer to the nearest dollar.)
July 26, 2011 by said

ALEGEBRA
If you purchase an item for $1,232 at an interest rate of 9.8%, and you finance it for 1 year, how much is the amount of add-on interest? (Round your answer to the nearest dollar.)
November 21, 2011 by MONICA

algebra
If you purchase an item for 1,272 at an interest rate of 9.8%, and you finance it for 1 year, how much is the amount of add -on interest?(round your answer to nearest dollar.)
March 14, 2012 by Mark

math
If you purchase an item for $1,294 at an interest rate of 9.8%, and you finance it for 1 year, how much is the amount of add-on interest? (Round your answer to the nearest dollar.) $ 1
August 20, 2012 by Anonymous

math
If you purchase an item for $1,294 at an interest rate of 9.8%, and you finance it for 1 year, how much is the amount of add-on interest? (Round your answer to the nearest dollar.) $ 1
August 20, 2012 by Anonymous

math
If you purchase an item for $1,242 at an interest rate of 9.8%, and you finance it for 1 year, how much is the amount of add-on interest? (Round your answer to the nearest dollar.)
September 23, 2013 by Antonio

math/algebra
Compounded semiannually. P dollars is invested at annual interest rate r for 1 year. If the interest is compounded semiannually, then the polynomial P(1+r/2)^2represents the value of the investment after 1 year. Rewrite this expression without parentheses. Evaluate the ...
February 27, 2009 by Debbie

College Algebra
Compounded semiannually. P dollars is invested at annual interest rate r for 1 year. If the interest is compounded semiannually, then the polynomial P(1+r/2)^2 represents the value of the investment after 1 year. Rewrite this expression without parentheses. Evaluate the ...
November 26, 2010 by Lisa

maths
You deposit $10,000 in an account earning 4% interest compounded monthly. a. How much will you have in the account in 25 years? b. How much interest will you earn?
July 18, 2012 by mary

math..please i need your help
Please can you help me to solve and get the solution for these problems. how to get the solution please help me for my homework. question: 1.Find the price of a 10% coupon bond with 10 years to maturity if interest rates: A) increase by 1% B) decrease by 1% C) increase by 1.5...
September 12, 2011 by jessie

Health
Situation #1: The trade minister of a foreign nation asks you to pay a $200,000 consulting fee. In return for the money, the minister promises special assistance in obtaining a $100 million contract that would produce at least a $5 million profit for your company. If your ...
June 4, 2010 by Dee

finance
company starting salary 75,000 retirement benefits 401k with annual contribution of 5% company will match 3% (for max contribution of 8% salary) avg 401k return within mutual fund options at 8% per year sign on bonus 0 annual bonus after 2 years of service annual bonus of $...
November 11, 2013 by marissa

business finance
Kate Eden received a graduation present of $5,000 that she is planning on investing in a mutual fund that earns 6.00 percent each year. How much money can she collect in three years
February 11, 2013 by elh009

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