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November 28, 2014

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

Number of results: 39,856

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

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

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
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 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

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

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
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

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
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

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
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

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 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

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

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 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

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

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

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

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

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

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

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

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

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

U.S. and Global Economics:Involving math
Just show me how to calculate it and I'll do the rest. I just don't understand how to calculate this problem. Thank you, An online store that has been successfully growing on its initial angel investment and revenues wants to invest $5 million to expand the business. The bank ...
November 15, 2013 by Mary

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

College Algebra
bank a is lending money at 5.7% interest compounded annually. The rate at bank b is 5.6% compounded monthly, and the rate at bank C is 5.65% compounded quarterly. Which bank will you pay the least interest?
April 25, 2012 by Justin

Finance
Your grandparents deposit $1,000 each year on your birthday, starting the day you are born, in an account that pays 6% interest compounded annually. How much will you have in the account on your 30th birthday, just after your grandparents make their deposit.
March 21, 2011 by Mya

investing
. 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...
January 5, 2014 by Anonymous

math
Kip and Celia began working for the same company in 1997. Celia earned $19,000 per year, and Kip earned $16,000 per year. Each year Kip received a $1,500 raise and celia recived a $1,000 raise. a. In what year will they earn the same amount of money. b. What will be thier ...
May 9, 2008 by cerenity

U.S. and Global Economics: Involving MATH
PLZZZ.. Help I just don't understand how to calculate this A landlord wants to acquire an additional apartment building for $250,000. The new building contains eight apartment units, which will each rent for $500 per month. The bank is willing to loan the landlord the money ...
November 13, 2013 by Mary

Calculus
A deposit of $1000 is made at the beginning of each month in an account at an annual interest rate of 3% compounded monthly. The balance in the account after n months is An = 1,000(401)(1.0025^n - 1). (a) Compute the first six terms of the sequence {An}. (b) Find the balance ...
February 11, 2013 by Jenny

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 ...
September 4, 2012 by mike

Macroeconomics
Calculating the Rate of Growth of Per Capita Real GDP The annual rate of growth of real GDP in a developing nation is 0.3 percent. Initially, the countries' population was stable from year to year. Recently, however, a significant increase in the nation's birth rate has raised...
May 12, 2008 by animal

math 11
An investment earning simple interest rate of 1.10% per annum for a term of 5 years earned 82.50 in interest. What was the principal?
April 5, 2012 by karen

Math 11
An investment earning simple interest at a rate of 1.10% per annum for a term of 5 years earned $82.50 in interest. What was the principal?
April 9, 2012 by Chuck

Maths
Hamish borrowed $5000 for 3 years. He paid $1650 simple interest. What was the rate of interest per annum?
June 26, 2013 by Fishy

maths
At what rate of interest per annum, the amount ` 10, 000/- will be doubled in 5 years, interest being compounded quarterly?
September 29, 2013 by partha

math
at what rate of interest per annum,the amount of 10000 will be doubled in 5 years,interest being compounded quarterly
November 7, 2013 by ajaykumar

math
An investment earning simple interest at a rate of 1.10% per annum for a term of 5 years earned $82.50 in interest. What was the principal?
April 15, 2014 by Snorlax

Math
An investment earning simple interest at a rate of 1.10% per annum for a term of 5 years earned $82.50 in interest. What was the principal?
May 8, 2014 by Rafiki

Math
Suppose you wnat to purchase a house for 650,000. Hoe much of the loan would be left after 10 years if the interest rate was 3.8 % and it was a thirty year mortgage? And if you made the montly payments for ten years, and then increase your payment to 4000 per year, how many ...
November 2, 2013 by Kassie

math
Different Interest Rates. Mrs. Brighton invested $30,000 and received a total of $2300 in interest. If she invested part of the money at 10% and the remainder at 5%, then how much did she invest at each rate?
April 3, 2010 by denise

math - interest rates
Car loan: 5-yr annual-payment loan with interest rate of 6% per year. Annual payment = $5,000. You have just made a payment and decided to pay the loan off by repaying the outstanding balance. a) what is payoff amount if you have owned the car for one year (so there are 4 ...
February 5, 2014 by Nabil - please help

Math
Suppose an annuity will pay $18,000 at the beginning of each year for the next 8 years. How much money is needed to start this annuity if it earns 6.9%, compounded annually?
April 30, 2011 by math help plz

algebra
grandma ploan to finance her grandchilds college education she has 50,000 to invest use a long range investment pln ,cd,saving bond etc. the plan is to earn compound interest.the principal is(p)50,000 interest rate is (r)3.60years for investment is(6)this is time state number ...
March 5, 2012 by mike

algebra
A computer salesperson earns a base salary of $32,000 per year plus a commission of 6% on total sales. Total sales for one year were $350,000. Find the salesperson’s total pay for the year.
September 14, 2011 by Tranesha

Finance
Joeli deposited $1000 on 1 January 2011 in an account paying interest of 12% p.a compounded quarterly. He also deposited $800 (on 1 January 2011) in another account which pays 15% p.a. effective interest. Find the time (n) when the two accounts will be equal value if the exact...
September 25, 2011 by Anonymous

Math
a young Colorado spruce tree is growing at a rate of 20 cm per year. Currently, it is 244 cm tall. A 300 cm tall white spruce tree is growing at a rate of 12 m per year. In how many years will the two trees be the same height? Solve algebraically
April 29, 2012 by Hanu

Math
A young Colorado spruce tree is growing at a rate of 20 cm per year. Currently, it is 244 cm tall. A 300 cm tall white spruce tree is growing at a rate of 12 m per year. In how many years will the two trees be the same height? Solve algebraically
April 30, 2012 by Hanu

Pre Algerbra
I invested $3,000, part at 2% and the rest at 5% simple interest. After 1 year, I earned a total of $117 in interest. How much did I invest at each rate?
April 25, 2013 by Dan

money and banking
use capital asset pricing model to predict the return next year stock, return holding stocks to be 12% on average, the interest rate on 3 month t-bills will be 2%. calculate a stock with a beta of -0.3, 0.7, and 1.6. show three separate calculations
October 31, 2010 by debra

consumer math
Trisha earns $17,500 per year. If she has 30% withheld for deductions, what is the net amount of her biweekly paycheck?
May 24, 2010 by peaches

Algebra
An initial investment of $1000.00 is appreciated for 5 years at 15% interest compounded semiannually. How much money is in the account after the period ends?
July 15, 2011 by Kim

math 2 questions need help
At age 5, how much would you have to save per month to have $1 million in your account at age 65, if your investment rate was 10% per year? Assume no taxes and compounding on a monthly basis. $213.30 $21.23 $274.60 can't be done with these assumptions. After 20 years, 100 ...
July 24, 2008 by alisha

math(compound interest )
A sum of money,X was deposited in a saving account at 10 percent compounded daily on 25 july 1993. on 13 august 1993, rm600 was withdrawn and the balance as on 31 december 1993 was RM 8900.calculate the value of X using exact time and 360 day year. (1+.10/360)^20 - 600)(1+.10/...
May 16, 2014 by fizz

csci 120
Write a function that computes the balance of a bank account with a given initial balance and interest rate, after a given number of years. Assume interest is compounded yearly
October 25, 2014 by jaspreet

Algebra
Find the account of simple interest earned if you invest $9000 at 0.04% interest for 20 years. Then find the account balance.
February 3, 2013 by Dana

finance help
You have decided to buy a car that costs $34,100. The dealer offers you a 5-year loan with monthly payments of $695 per month. What is the annual nominal interest rate on the loan?
October 22, 2009 by Tiff

finance
You have decided to buy a car that costs $34,100. The dealer offers you a 5-year loan with monthly payments of $695 per month. What is the annual nominal interest rate on the loan?
October 23, 2009 by tiff

Finance
You have decided to buy a car that costs $34,100. The dealer offers you a 5-year loan with monthly payments of $695 per month. What is the annual nominal interest rate on the loan?
October 25, 2009 by London

math
The minimum daily values (MDVs) for certain foods are given. They are based on a 2,000 calorie per day diet. Find decimal and fractional notation for the percent notation in each sentence.1 ounce of Tostitos provides9% of the MDV of fat.=9/100 .09 1/2 cupof Campbells’ New (d) ...
September 30, 2009 by p

math
The minimum daily values (MDVs) for certain foods are given. They are based on a 2,000 calorie per day diet. Find decimal and fractional notation for the percent notation in each sentence.1 ounce of Tostitos provides9% of the MDV of fat.=9/100 .09 1/2 cupof Campbells’ New (d) ...
September 30, 2009 by p

math
a 10 year cd paying 8% interest per year that she opened exactly 10 years ago with a 35000 deposit
February 19, 2014 by corporate finance

Math
I take out a loan for $10,000.00 and the interest rate is 6.3% APR. If I pay this loan back at $300.00 per month, how much interest will I be charged on top of this per month for the first 3 months? Please show the equation used.
September 5, 2014 by Dinny

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...
October 24, 2014 by Anonymous

Fins nance business
1. Find the future value of current $1,000 5 year from now when annual interest rate 8% is compounded annually 2. Find the present value of a future value (1,000) four years from now when annual interest rate 8% is compounded quarterly. 3.Find the present value of a four year...
November 20, 2014 by J

calculus
Choice 1: Payments of $ 2600 now, $3000 a year from now, and $3450 two years from now. Choice 2: Three yearly payments of $ 3000 starting now. Interest is compounded continuously. (a) If the interest rate on savings were 4.76 %,which would you prefer? (b) What is the interest ...
September 16, 2010 by nic

accounting
A partner withdrew Rs.2000 at the beginning of every month.the rate of interest on drawings is 10%per annum. What is the amt. of interest?
July 14, 2014 by john

business finance
Jeff Jones earns $1,200 per week. He is married and claims four withholding allowances. The FICA rate is as follows: Social Security rate is 6.2% on $97,500; Medicare rate is 1.45%. To date his cumulative wages are $6,000. Each paycheck, his employer also deducts $42.50 for ...
August 31, 2012 by no name

Business and Finance
Jeff Jones earns $1,200 per week. He is married and claims four withholding allowances. The FICA rate is as follows: Social Security rate is 6.2% on $97,500; Medicare rate is 1.45%. To date his cumulative wages are $6,000. Each paycheck, his employer also deducts $42.50 for ...
August 13, 2013 by Karen

Math
The population of some countries has a relative growth rate of 2.75% per year. At this rate, how many years (to the nearest tenth of a year) will it take the population to double?
March 30, 2014 by Anonymous

Math
The population of some countries has a relative growth rate of 2.75% per year. At this rate, how many years (to the nearest tenth of a year) will it take the population to double?
April 21, 2014 by Anonymous

eng
i need to know if i underlined the correct topic sentence. if not can you see the topic with in the two paragraphs? 1. When purchasing a car, it can cost more than what it is worth because of not developing the money to buy it. Financing a car to purchase it can cost highly in...
November 17, 2010 by erica

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