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December 7, 2016

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

Number of results: 49,908

8th grade Math
Megan has at most $1500 to invest. She plans to invest some of the money in a long-term CD at 6% and some of it in a short-term CD at 3%. She wants to earn at least $75 in interest per year. Write a system of inequlites to represent the situation, and use it to find all of the...
January 25, 2009 by Carleigh

economics
US demands fewer Japanese goods what will happen to t he demand for money and the supply for money and the interest rate and why?
April 11, 2009 by adam

math
could someone help me revise these Inequalities problems? my answers are under the question... For questions, #3 #4 and #5 my teacher said "equals as well?" For question #8 my teacher said "where's the inequality sign?" 3. Joe expects to spend at least $8500 on a used car, but...
October 1, 2015 by Abby

Marcoeconomics
According to the formula, Bond price= y/r so bond price has a inverse relationship with interest rate.i.e. interest rate increases, bond price decreases. But why does it contradict with this demand-supply anysis: r(interest rate increases)--> returns from buying bonds ...
February 15, 2009 by David

Math
The values of outstanding bonds change whenever the going rate of interest changes. In general, short-term interest rates are more volatile than long-term interest rates. Therefore, short-term bond prices are more sensitive to interest rate changes than are long-term bond ...
November 13, 2009 by Casey

math
June made an initial deposit of $5000 in an account for her son. Assuming an interest rate of 7% compounded quarterly, how much will the account be worth in 11 years? Round to the nearest cent. Can someone help me with this problem?
July 24, 2009 by Aleah

accounting
uconn has issued a 10 year $5,000,000 bond with semi annual interest payment with a contract rate of interest of 8%..determine the following you: how much will uconn have to pay to retire the bonds after it pays off the final interest payment at the end of the 10th year?
December 14, 2009 by BillReynolds

finance
uconn has issued a 10 year $5,000,000 bond with semi annual interest payment with a contract rate of interest of 8%..determine the following how much will uconn have to pay to retire the bonds after it pays off the final interest payment at the end of the 10th year?
December 14, 2009 by BillReynolds

Finance
4.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 ...
May 6, 2013 by Janaki

Math
What would the rate of return be on an Individual Retirement Account with a contribution of $2000.00, at 4% Interest rate, for 5 years?
May 29, 2012 by Allie

buissness math
Determine the total in Dexter's account after the second month using the information below. Dexter Banler's account Principal: $1,604 Rate: 10% compound Length of period: month $3208.00 $1764.40 $1630.85 3. Ray Sugar's account Principal: $1,700 Rate: 9.5% compound Length of ...
October 26, 2011 by morgan

math
1.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? 2.¨C3(10x ¨C 3) + 10(3x ¨C 3) = x ¨C 7 3.Solve and graph the solution set.
February 2, 2007 by stacy

math
how much would adam have to deposit in a saving account to earn 100 dollars in interest over 4 years at 5% simple annual interest rate.
April 3, 2013 by jay

accounting
On each December 31, you plan to transfer $2,000 from your checking account into a savings account.The savings account will earn 9 percent annual interest, which will be added to the savings account balance at each year-end. The first deposit will be made December 31, 2010 ...
February 28, 2013 by PORTLAND STATE

Algebra
Jane agrees to buy a car for a down payment of $4000 and payments of $260 per month for 9 years. If the interest rate is 9% per year, compounded monthly, what is the actual purchase price of her car? (Round your answer to the nearest cent.)
August 10, 2015 by Melany

math
jenny invests $250 at a rate of 8% and earns $40.how long did she leave her money invested?
January 25, 2009 by briana

Finite Math
A sinking fund is the accumulated amount to be realized at some future date (the end of the term) when a fixed number of periodic payments are paid into an account earning interest at the rate of i per period.
July 24, 2013 by Greg

business math
if I deposited $625 in a retirement account per month and it had a return of 3.84% a year compounded monthly. How much will I have in my account in 15 years?
June 24, 2013 by sharon

math
jessica depoists 3000 in the bank. her money doubles in 12 years. how much was her intrest rate per year(assume annual compounding)
June 2, 2016 by Zack

Finance
Consider the following scenario: John buys a house for $150,000 and takes out a five year adjustable rate mortgage with a beginning rate of 6%. He makes annual payments rather than monthly payments. Unfortunately for John, interest rates go up by 1% for each of the five years ...
October 22, 2010 by sweet

Finance
Consider the following scenario: John buys a house for $150,000 and takes out a five year adjustable rate mortgage with a beginning rate of 6%. He makes annual payments rather than monthly payments. Unfortunately for John, interest rates go up by 1% for each of the five years ...
October 23, 2010 by sweet

value of money
At what annual nominal rate of interest will $6,900 earn $6,400 interest in five years?
July 8, 2011 by nmh

loans
What are some examples of inexpensive loans and some advantages and disadvantages? There is no disadvantage to taking out a loan with an interest rate that is less than you could get in an insured savings account. You can reinvest the money and end up with "free" cash flow. ...
March 20, 2007 by Camille

Consumer math !!!! please check
Determine the total in Dexter's account after the second month using the information below. Dexter Banler's account Principal: $1,604 Rate: 10% compound Length of period: month >$3208.00 $1764.40 $1630.85 3. Ray Sugar's account Principal: $1,700 Rate: 9.5% compound Length ...
May 24, 2012 by Tomi

Math
After completing her residency, an obstetrician plans to invest $12,000 per year at the end of each year in a low-risk retirement account. She expects to earn an average of 6% for 35 years. What will her retirement account be worth at the end of these 35 years?
July 31, 2013 by Tammy smith

Math
After completing her residency, an obstetrician plans to invest $12,000 per year at the end of each year in a low-risk retirement account. She expects to earn an average of 6% for 35 years. What will her retirement account be worth at the end of these 35 years?
July 31, 2013 by April

algebra2
MS TAn bought a bmw for 62,000. The price of a bmw depreciates at the rate of 12% per year. How much will the saving account have after 30 years
November 19, 2014 by dd

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

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

economics
Suppose that you buy a bond for $100 that pays 4 percent interest per year. How much money will you have earned when the bond reaches maturity in five years?
December 10, 2007 by anonymous

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

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

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

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
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

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

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
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
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
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

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
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 ?

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

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

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

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 „Ê„Ë „É „º„» „¹ ƒ­ 1ƒy A is the amount of the return. P is the principal amount initially deposited. r...
February 2, 2012 by Ruth

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

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

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

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

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

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

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

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

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

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

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 mathematics
Rm 200 was saved every month for four years in an account that pays 6% compounded monthly.find the accumulated value if the interest rate was changed to 8% compounded monthly after one year.
November 6, 2016 by Muhammad nur ikhwan

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

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

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

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

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

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

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

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

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

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

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

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

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
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

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

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

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

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

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
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
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 11, 2016 by Shahzaib

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

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

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

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