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August 28, 2015

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

Number of results: 43,283

Math
A man invests $5500 dollars in three accounts that pay 5%, 8%, and 9% in annual interest respectively. He has two times as much mondy invested at 9% as he does at 8%. If the total interest earned for the year is $449, how much is invested at 5%?
October 26, 2012 by Giselle

Business Math
. Compute the rate for the following loan. Round your answer to the nearest tenth of a percent. Principal Rate (%) Time Interest $50,000 9 months $4,500 (Points : 2)
January 5, 2014 by George

math
Suppose that a vegetable vendor pays 7% interest daily on a $10 loan. Then, suppose that this individual was able to save $0.50 per day by drinking less tea. Calculate the number of days it would take for the vendor to no longer need to borrow money in order to purchase $10 of...
April 20, 2013 by lida

eco,
Suppose that a vegetable vendor pays 7% interest daily on a $10 loan. Then, suppose that this individual was able to save $0.50 per day by drinking less tea. Calculate the number of days it would take for the vendor to no longer need to borrow money in order to purchase $10 of...
April 21, 2013 by kiril

economics
Suppose that a vegetable vendor pays 7% interest daily on a $10 loan. Then, suppose that this individual was able to save $0.50 per day by drinking less tea. Calculate the number of days it would take for the vendor to no longer need to borrow money in order to purchase $10 of...
April 26, 2013 by cevin

budgeting
Which one of the following statements best describes what a budget is? A. A method of figuring out the inflation rate. B. An organized plan for spending money. C. A way to keep people from really enjoying life. D. A plan for saving money. I think its B....?
August 29, 2013 by Vickie

math
rick borrows 48,000 the loan will be a 10% add-on loan interest will be charged for 2 full years, rick will repay on monthly basis what will the total amount of interest paid,what will be the monthly amount paid,what is true rate interest paid?
November 2, 2013 by debbie

Math fractions
Nata spent $28 on 2 DVDs. At this rate, how much would 5 DVDs cost? At what rate did she spend her money?
September 8, 2014 by Alli

Math, accounting, investments
A firm is evaluating two machines. The first costs $250,000 and will require annual maintenance of $30,000 per year for 10 years. At the end of 10 years, the salvage value will be $75,000. The second machine costs $400,000 and will require $225,000 at the end of the fifth year...
March 13, 2014 by MathHelp

Banking & Money
Couple questions here... "Under fixed exchange rates," A. The Free Market is the major determinant of the exchange rate. B. Official government transactions maintained the agreed-upon exchange rate by buying and selling foreign exchange. C. The balance of payment is ignored...
December 6, 2009 by Bobby

math
A borrower received a 30-year ARM mortgage loan for $120,000. Rate caps are 3/2/6 (first adjustment/subsequent adjustments/total over the life of the loan). The start rate was 3.50% and the loan adjusts every 12 months for the life of the mortgage. The index used for this ...
October 3, 2012 by mahagoni

finance
alpha of stock zero return on market 16% risk free rate 5% stock earns a return that exceeds risk free rate by 11% What is the Beta of the stock?
May 31, 2008 by Tiffany

math
Kelly opened a savings account with $500 she received at 8th grade graduation four years ago. The account pays 2.5 percent compounded daily. How much should be in the account now?
January 25, 2012 by help

Consumer math
When Greg was born, his grandmother put $5000 in a savings account for his college expenses. It was compounded at 2.5 percent semiannually, and left in the account 18 years. How much was in the account? Round to the nearest dollar.
April 9, 2012 by Cosumer math

math
Air is pumped into a balloon such that its volume increases at the rate of 75cm^3 per second. It is assumed that the balloon is spherical all the time. Find in term of pi the rate at which the radius of teh balloon is increasing when the radius is 5cm. Given the balloon was ...
March 27, 2014 by rosa

finance (please review my thought process and ans)
4. A conservative financing plan involves A. ANSWER Heavy reliance on debt B. Heavy reliance on equity C. High degree of financial leverage D. High degree of combined leverage I chose (A) because financial leverage is the use of debt financing. 5. At age 5, how much would you ...
July 25, 2008 by Jason

math
Pretend the program in Senegal had been reducing infant mortality at a rate of 11 % per year. How long would it take for infant mortality to be reduced by 35 %? How do I go about solving this problem?
September 20, 2010 by Kayla

calculus
The population of less-developed countries in mid-2007 of 4086 billion expected to grow at 1.8% per year, If this growth rate continues until mid-2025, what will be the size of the population then?
October 21, 2010 by Anonymous

finance
Chelsea Fashions is expected to pay an annual dividend next year of $1.00 per share. The market price of the stock is $25 and the growth rate of dividends is expected to be 5%. What is Chelseaís cost of equity?
May 20, 2011 by cynthia

exponential equations
The City of South Bay has a current population of 85 000. If the city is increasing at a rate of 7.25% per year, calculate the future population in 8 years time. Round to the nearest person.
March 29, 2015 by Anonymous

exponential equations
The City of South Bay has a current population of 85 000. If the city is increasing at a rate of 7.25% per year, calculate the future population in 8 years time. Round to the nearest person.
April 1, 2015 by Anonymous

algebra
NATA spent $28 on 2 dvds.At this rate how much would 5 dvds cost? At what rate did she spend her money?
September 3, 2014 by iris

math
Holly has $60 in the bank and plans to save $20 per month. what linear equation models the relationship between the amount of money in the bank, m, and the number of months, t , it takes to save money?
January 28, 2011 by choi

Calculus
Which of the following describes the graph of y=|2x+6|? A. Only continuous B. Only differentiable C. Both A and B D. Not continuous, not differentiable E. Constant
November 30, 2014 by Anon

ECONOMICS
T or F Interest payments on Canadian government debts to foreigners are a major reason for our negative current account.
June 22, 2010 by Abigail

calculus
What single deposit today in an account paying 7% interest compounded continuously would yield $18500 in 10yr?
December 18, 2010 by Gina

algebra II
Barry Newman's savings account has a balance of $2707. After 4 years, what will the amount of interest be at 5% compounded annually?
July 14, 2011 by Anonymous

algebra 2
Barry Newman's savings account has a balance of $2707. After 4 years, what will the amount of interest be at 5% compounded annually?
July 16, 2011 by kyle

math
Find the principal in Donna's account at the end of the second quarter if she invested $300 at 7% and the interest is compounded quarterly
April 19, 2012 by Anonymous

math
if you invest $25,000 in an account that gets 12% annual interest compounded quarterly, how much would you have in 10 years?
February 18, 2013 by james

algebra
$3100 invested on July 19,1991 at 15% interest compounded semi-annually. What is the value in this account on March 30, 2013?
March 30, 2013 by Berniece

Math
How much must be invested to have 25,000.00 after 5 years in an account drawing 7% interest compounded continuously?
December 9, 2013 by Crystal

Math
Today you deposited $5000 into a savings account paying 12% interest. How much should you have in 15 years?
March 21, 2014 by lisa

math
write an integer to represent each piece of data: Jan earned 7 dollars interest in her savings account last month.
May 25, 2014 by mon

math
John Lee's savings account has a balance of $4494. After 3 years, what will the amount of interest be at 5% compounded semiannually?
June 24, 2014 by Jennifer

Math with business apps
Tom invested $7,000 at 6.5% interest compounded monthly. How much will be in this account after 18 months?
November 24, 2014 by Jenna

Fiancial Management
You decide to purchase a building for $30,000, you put $5,000 down payment. The banks offers you a 15 yr mortgage requiring annual end of year payments of $3,188. The bank also requires you to pay a 3% loan originatio fee. Compare the annual % rate of interest on this loan.
August 3, 2008 by Tuty

Algebra II
A population growing at a rate of 1.6% per year from an initial population of 11000 will grow in t years to an amount How many years will it take the population to triple?
November 8, 2011 by Arielle

calculus(related rates)
Water is leaking out of an inverted conical tank at a rate of 12200 cubic centimeters per minute at the same time that water is being pumped into the tank at a constant rate. The tank has height 15 meters and the diameter at the top is 6.5 meters. If the water level is rising ...
May 5, 2012 by jhon

Electricity - Plz Help!
By considering a wire of radius 'r', lenght 'l' and resistivity 'e' through which a current I flows, show that a) the rate of production of heat by it is I^2*P*l / pi*r^2 b) the rate of loss of heat from its surface is 2pi*r*t*h , where 'h' is the heat lost per unit area of ...
April 17, 2007 by Babanla

chemistry
x + 2y ---> products is first order in c and 2nd order in y. what are the units of K, the specific rate constant, if the reaction rate is expressed in units of moles per liter per sec. I know the answer is M.s^-1^ but I don't understand this concept. could you explain to me...
December 12, 2010 by Audrey

Macroeconomics
Sally purchased one share of Strkyer stock for $200 in year 1 and sold that share in year 2 for $400. The inflation rate between year 1 and year 2 was 50%. The tax on nominal capital gains is 50%. Calculate the tax on Sally's capital gains.
May 20, 2008 by Sarah

eco
Assume that American rice sells for $100 per bushel, Japanese rice sells for 16,000 yen per bushel, and the nominal exchange rate is 80 yen per dollar. Suppose that rice is the only commodity in the world. What would happen to the real exchange rate between the United States ...
November 19, 2008 by Karen

math
also, what formula would i have to use for this: Effective Rate An advertisement for E*TRADE bank boasted "We're ahead of banks that had a 160-yr start," with an APY (or effective rate) of 2.01%.* The actual rate was not stated. Given that interest was compounded monthly, find...
June 19, 2007 by student

Math
How would you do this problem? At the beginning of the year, the price of gasoline is $1.05 per gallon. The price increased $0.05 per gallon each week for the next 5 weeks. The price then decreased $0.07 per gallon for the next 3 weeks. Find the difference between the cost of ...
August 26, 2008 by Jillian

accounting
James, Inc. discovered that equipment purchased three years ago for $600,000 will not last as long as originally estimated. The firm was depreciating the equipment at the rate of $80,000 per year with an estimated salvage value of $40,000. New estimates indicate that the ...
June 3, 2012 by T Smith

Basic programming principles
Piet earns R20 per hour, if he works more than 30 hours then he receives an extra R8 per hour, will the following statement be correct or incorrect (only type in correct or incorrect at your answer space) If hoursworked > 30 then Salary = salary + (hoursworked Ė 30) + 8
October 1, 2014 by Mpho

Basic programming principles
Piet earns R20 per hour, if he works more than 30 hours then he receives an extra R8 per hour, will the following statement be correct or incorrect (only type in correct or incorrect at your answer space)If hoursworked > 30 then Salary = salary + (hoursworked Ė 30) + 8
October 1, 2014 by Leon

math
another one like it. plz help me out. A couple finances a house valued at $150,000. They make a $10,000 down payment and finance the remainder for 30 years at 6.8%. Taxes on the property are estimated to be $621 per year. Insurance on the property is projected to cost $685 per...
May 2, 2011 by james

Math
Sarah secured a bank loan of $200,000 for the purchase of a house. The mortgage is to be amortized through monthly payments for a term of 15 yr, with interest rate of 6%/year compounded monthly on the unpaid balance. She plans to sell her house in 5 yr. How much will Sarah ...
May 15, 2012 by Sara

Managerial Finance & Accounting
P12-14 Strategic Capital Investment Decisions Smith Electronics manufactures portable CD players. Lillian Perez, the VP of operations at Smith Electronics, is considering a major capital investment decision. It would cost $2,500,000 to put new, highly automated machines in the...
October 24, 2010 by Anonymous

calculus
A function f(x) is said to have a removable discontinuity at x=a if: 1. f is either not defined or not continuous at x=a. 2. f(a) could either be defined or redefined so that the new function IS continuous at x=a. Let f(x)= x2+10x+26 2 −x2−10x−24 if x−5...
February 7, 2011 by maggie

accounting
On December 31, 2013, University Theatres issued $500,000 face value of bonds. The stated rate is 8%, and interest is paid semiannually on June 30 and December 31. The bonds mature in 15 years. If required, round your answers to the nearest whole dollar. Follow the format ...
April 22, 2014 by brenda

calculus
They're actaully 2 question :D 1.find the rate of change of the distance between the orgin and a moving point on the graph of y=x^2+1 if dx/dt=2 centimeters per second when x=1. 2.A triangular trough is 12 feet long and 3 feet across the top. it ends are isosceles triangles ...
November 30, 2011 by Yoona

accounting
Selling price of a bond: Problem type 1 On December 31, 2008, $140,000 of 9% bonds were issued. The market interest rate at the time issuance was 11%. The bonds pay on June 30 and December 31 and mature in 10 years. Compute the selling price of a single $1,000 bond on December...
June 13, 2011 by Nick

Algebra: Statistics
Five years ago, you bought a house for $151,000, with a down payment of $30, 000, which meant you took out a loan for $121,000. Your interest rate was 5.75% fixed. You would like to pay more on your loan. You check your bank statement and find the following information. ...
December 14, 2011 by Pamela

Business Maths
Please how do i calculate this problem and enter it in a journal entry: If a company issues 10-year, 8%, $100,000 bonds paying interest on an annual basis, at a $5,200 premium, the annual interest expense on the bonds will be:
January 8, 2010 by Peaches

Calculus
After its fastest rate of growth ever during the 1980s and 1990s, the rate of growth of world population is expected to slow dramatically in the twenty-first century. The function G(t) = 1.58e−0.213t gives the projected annual average percent population growth per decade...
July 17, 2012 by Jessa

Social Studies 8R - help! (please read)
How many employees in the Carnegie Steel Company have? How much money was it worth? How much money it made in a year? I read wikipedia.... not there... please help!
November 5, 2012 by Laruen

Busniness Finance
I am having some difficulties with week four lab. The explanation for problem skips a step and I do not know how to get the answer. (Weighted average cost of capital). As a member of the Finance Department of Ranch Manufacturing, your supervisor has asked you to compute the ...
February 17, 2012 by Rick

Economics
Annaís net income is $40,000 per year. What is the most she should spend towards housing each year?
March 27, 2011 by LIssy

Business math/Finite
How long to the nearest year, will it take an investment to double if it is continuously compounded at 4% per year
November 28, 2012 by Karla

finance
"You are told you will receive the following cash payments at the end of the next three years: Year 1: $10,000 Year 2: $25,000 Year 3: $50,000 Assuming a discount rate of 12%, what is present value of all payments?"
April 20, 2013 by mark1124

college math
The number of seniors at Freedom High School was 421 in 2002. If the number of seniors increases at a rate 1.7% per year, how many seniors will be in the class of 2014?
May 31, 2010 by Moe

math
Suppose that a vegetable vendor pays 7% interest daily on a $10 loan. Then, suppose that this individual was able to save $0.50 per day by drinking less tea. Calculate the number of days it would take for the vendor to no longer need to borrow money in order to purchase $10 of...
April 22, 2013 by cevin

Math Help!
Mrs. Miller sells a house for $179,000. If she earns a commission of 6%, how much money does she earn? Write a porportion and show your work. My answer 179,000/100=x/6 107400=100x 10,740=x Am I right? Thank you
November 24, 2014 by Callie

pre-algerbra
$500 for 1 year at 12% per year
January 29, 2013 by Evan

eco
during2004 the national average gas price rose from $1.50 a gallon to $2.25 a gallon. the government has stated that the high price of gas will remain as it is. discuss how this cost influences your decision to buy a new car. based on your budget, would you buy the large car ...
June 26, 2007 by tracey

Math
Please help me with this problem. In 1626,Peter Minuit of the Dutch West India Company purchased Manhattan Island from Native Americans for $24. Assuming an exponential rate of inflation of 6% per year,how much will Manhattan be worth in 2010?
January 26, 2011 by Anonymous

Math
Ms. Pecho currently owes $637.50 in simple interest on a loan of $2500 at an annual interest rate of 17%. How long has she had the loan? How do you figure out this problem? I am not merely looking for an answer, I would like to know how to do it to know if he is doing it ...
December 31, 2009 by Rose

Math
I need to find the equation for the following (compound interest): number of years: 12 initial principal: 10000 annual interest rate: 0.03 additional investment each subsequent quarter: 500 The value in 12 years is 43074.4088874
September 30, 2010 by Trevor

math
Suppose you borrow $4200 at an annual simple interest rate of 10.5% for a term of 18 months. How much simple interest will you owe? What is the total amount you will have to repay (maturity value)? i am not good at this one working on my problem
July 6, 2012 by tammy

banking
how would you receave interest on money if you keep it in a bank??????????
March 30, 2009 by wow146

Algebra
How would you set up problem: your average rate traveling uphill was 2.2 kilometers per hour and average rate downhill was 3.3 kilometers per hour. If he spent a total of 12 hours hiking, how long was the trail?
October 11, 2012 by Ellen P

math! please help
Land growing continuous grain corn as a cash crop loses soil at a rate of 14.0 metric tonnes ha-1 yr-1. This is a fertile soil, which has an organic matter content of 3.8% and nitrogen content of 0.35% (both by mass). a) we did this question before, lost soil=soil mass 14000kg...
November 12, 2009 by Ramya

Math11
Hello, I dont know how to do this, please help. Thank you. 1).Does the function satisfy the hypotheses of the Mean Value Theorem on the given interval? f(x) = 5x2 − 3x + 2, [0, 2] Yes, it does not matter if f is continuous or differentiable, every function satifies the ...
October 30, 2014 by GUGi

Math
14. There is a rectangular piece of property that measures 188 ft by 100 ft. On the property there is a circular lake with a diameter of 72 ft. In the center of the lake there is a circular island with radius of 12 ft. The rest of the property is land. What percentage of the ...
October 20, 2009 by margie o

Math
14. There is a rectangular piece of property that measures 188 ft by 100 ft. On the property there is a circular lake with a diameter of 72 ft. In the center of the lake there is a circular island with radius of 12 ft. The rest of the property is land. What percentage of the ...
October 24, 2009 by jarod

accounting
Ken is 63 years old and unmarried. He retired at age 55 when he sold his business, Though Ken is retired, he is still very active. Ken reported the following financial information this year. Assume Kenís modified adjusted gross income for purposes of the bond interest ...
May 6, 2010 by Moncha

Finite Math
Laurie and Craig have purchased a new home. They paid $25,000 down and have a 15-year mortgage for which they pay $980 per month. If the interest is 8.25% compounded monthly, what did the house that Laurie and Craig purchased originally cost?
October 1, 2014 by Tricia

Rate Constants
I'm really stuck with this one. Here's the rate law and the data that is needed. I appreciate any help Rate= k[I2]X{[H+]Y[CH3COCH3]Z Trial Volume of 0.0010 M I2 Volume of 0.050 M HCl Volume of 1.0 M acetone Volume of water Temperature (degrees C) Reaction time A 5.0 10.0 10.0 ...
February 12, 2013 by Amy

acc
Case 9-2 Purchase of Assets On October 10, 2005, Mason Engineering Company completed negotiations on a contract for the purchase of new equipment. Under the terms of the agreement, the equipment may be purchased now or Mason may wait until January 10, 2006, to make the ...
April 19, 2010 by Anonymous

Calculus
The following table displays the number of HIV diagnoses per year in a particular country. Year 1997 1998 1999 2000 2001 2002 2003 2004 2005 Diagnoses 2512 2343 2230 2113 2178 2495 2496 2538 2518 a) Using Curve Expert or another curve modelling program, determine an equation ...
January 11, 2014 by amy

Business math
Sarah and brad own and operate a small farm. They made $30,000 farming, $4,000 from an inheritance, $2,300 in interest on a bank account, and $3,600 in interest on tax-exempt municipal bonds. Compute their combined gross income. Do I add total? 39,900? Or do I add everything ...
February 22, 2015 by Renae

Engineering Economy
A realtor sold a house on August 31, 1997 for $150k to a buyer in which a 20% down payment was made. The buyer took a 15yr mortgage on the property with an effective interest rate of 8% per annum. The buyer intends to pay off the mortgage owed in yearly payments starting on ...
September 24, 2007 by John

math
juan travels at the rate of 30miles per hour for 4 hours. He then return over the same route in 3 hours.What was his average rate for the return trip in miles per hour a-22 1/2 b-34 2/7 c-35 d-36 e-40 answer: f-40
September 1, 2010 by AnOnYmOuS1

algebra
Her average rate traveling uphill was 1.8 kilometers per hour and her average rate down hill was 4.2 kilometers per hour. If she spent a total of 16 hours hiking, how long was the trail?
October 25, 2011 by Anonymous

dhs
Amanda bought a car for $8,500. Her loan was for five years at a 4.6% interest rate. How much will Amanda pay for her car total, including interest?
March 21, 2013 by madog

math
Amanda bought a car for $8,500. Her loan was for five years at a 4.6% interest rate. How much will Amanda pay for her car total, including interest?
May 15, 2013 by Anonymous

math
A chartered bank is raising the interest rate on its Visa credit card from 9% to 11%. What will be the percent increase in the interest charges on a given balance? Note: Please make sure your final answer(s) are in percentage form and are accurate to 1 decimal place. For ...
February 14, 2010 by suvi

Science
The Ruby Throated Hummingbird has a resting heart rate of 250 beats per minute. When it is threatened or chased, it's heart rate can reach 1200 beats per minute. Predict its lifespan and justify your explanation.
May 3, 2010 by Dee

Science
The Ruby Throated Hummingbird has a resting heart rate of 250 beats per minute. When it is threatened or chased, it's heart rate can reach 1200 beats per minute. Predict its lifespan and justify your explanation.
May 3, 2010 by Please help!

Science
The Ruby Throated Hummingbird has a resting heart rate of 250 beats per minute. When it is threatened or chased, it's heart rate can reach 1200 beats per minute. Predict its lifespan and justify your explanation.
May 3, 2010 by Please help!

math
Sonia received a statement on her Certificate of Deposit showing that her investment had returned $3526.25 over its life. If the Certificate of Deposit pays a simple interest rate of 3.1% and her initial investment was $17,500 how long had the money been invested? i think i ...
January 13, 2009 by brianna

help please:)
Which one of the following statement best describes what a budget is ? A.A method of figuring out the inflation rate. B.An organized plan for spending money C.A way to keep people from really enjoying life. D.A plan for saving money. i got C what do you think?
September 29, 2011 by ciara

financial managment
The following tabulation gives earnings per share figures for the Foustís Company during the preceding 10 years. The firmís common stock 7.8 million shares outstanding, is now (1/1/03) selling for $65 per share, and the expected dividend at the end of the current year (2003) ...
November 5, 2007 by denise

Math
Calvin hines is a graphic designer. He earns $11.50 per hour. Last wee he worked 7 hours each day, Monday through friday. WHAT WAS HIS TOTAL PAY FOR THIS WEEK?
February 27, 2012 by Kiera

math
a painter earns $15 per hour. what is the minimum number of hours he must work to earn at least $200? write an inequality to represent this situation and solve.
October 5, 2014 by shy gurl

calcalus
Water is leaking out of an inverted conical tank at a rate of 12200 cubic centimeters per minute at the same time that water is being pumped into the tank at a constant rate. The tank has height 15 meters and the diameter at the top is 65 meters. If the water level is rising ...
May 2, 2012 by ali

math
Water is leaking out of an inverted conical tank at a rate of 6700 cubic centimeters per minute at the same time that water is being pumped into the tank at a constant rate. The tank has height 6 meters and the diameter at the top is 3.5 meters. If the water level is rising at...
November 12, 2014 by Charlie

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