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August 3, 2015

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

Number of results: 43,058

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

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

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

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

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

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

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

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

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

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 – 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 – 30) + 8
October 1, 2014 by Leon

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

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

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

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

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

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

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

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

Economics
Anna’s 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

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

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

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

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

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

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 Ken’s modified adjusted gross income for purposes of the bond interest ...
May 6, 2010 by Moncha

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

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

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

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

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

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

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
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

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
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

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

financial managment
The following tabulation gives earnings per share figures for the Foust’s Company during the preceding 10 years. The firm’s 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

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

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

Microecnomics
A firm is a monopolist in the production of a fuel sensor system. It faces monthly market demand that varies according to the equatioin Q=310-0.25P, where P is the price per system in dollars. The firm earns Marginal revenue accordind to the equation MR=1240-8Q & incurs ...
April 16, 2009 by John

math
Karen and Wayne need to buy a refrigerator because theirs just broke. Unfortunately, their savings account is depleted, and they will need to borrow money in order to buy a new one. Sears offers them an installment loan at 15% (add-on rate). If the refrigerator at Sears costs...
March 17, 2013 by Andrew

math
Karen and Wayne need to buy a refrigerator because theirs just broke. Unfortunately, their savings account is depleted, and they will need to borrow money in order to buy a new one. Sears offers them an installment loan at 15% (add-on rate). If the refrigerator at Sears costs...
August 18, 2013 by Anonymous

Business Math
The Treasury Department auctioned $21 billion in three-month bills in denominations of ten thousand dollars at a discount rate of 4.965%. what would be the effective rate in interest?
October 30, 2011 by Anonymous

Business Math
The Treasury Department auctioned $21 billion in three month bills in denominations of ten thousand dollars at a discount rate of 4.965%. What would be the effective rate of interest?
November 26, 2011 by Anonymous

Math
Gabe placed $2000 in a certificate of deposit. He earned $10 in interest each month for the next 36 months. Find the annual simple interest rate for his certificate of deposit.
January 22, 2015 by Dana

Math: Compounded Interest
A principal of $200 is invested at 5% interest rate annually. Determine the future value in 3 months' time if compounded: (a) Semi-annually (b) Quarterly
June 25, 2015 by Aurora

math
How long to the nearest year, will it take an investment at a rate of 12.7% to double its value if the interest is compounded every 6 months? I keep getting 568 years, I know this is not right. Could you please show me how to do this, do I take the log of both sides or just ...
September 11, 2014 by Student

Mathematics
Jake's car needs repairs but he is short of cash. A payday loan company charges a fee of 46 for a two week loan of 250. This is equivalent to a discounted loan with proceeds of 250 and a loan amount of 296. What is the per annum interest rate?
November 12, 2008 by Maddie

Science/ Math
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

7th grade
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/ Math
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-Dee

Science/ Math
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 Pittsburgh Pa

Science/Math
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
How much money should Jamie deposit into an account which pays 9%, compounded biannually, in order to have $4,000.00 in 4 years?
December 15, 2009 by Chris T. Leaf

algebra
student takes out two loans 1 at 10% and the other at 12 percent interest the 10 percent loan is $2000 more then the 12% loan and the total interest for one year is $430 how much is each loan?
November 17, 2014 by Chris

Math
You are the financial manager at Best Buy where a certain TV set is normally sold for $2,500 and the full purchase price is financed for 30 monthly payments at 24% per year compounded monthly, with the payments made at the end of each month. During Christmas Best Buy is ...
October 22, 2014 by Nancy

Algebra
A woman wishes to invest $12,500 in three types of bonds: municipal bonds paying 8% interest per year, bank investment certificates paying 9%, and high-risk bonds paying 12%. For tax reasons she wants the amount invested in municipal bonds to be at least three times the amount...
November 30, 2014 by Jessica

Programming logic and design
Using python write a program that does the following: •Create the logic for a program that calculates and displays the amount of money you would have if you invested $3000 at 2.65 percent interest for one year. •Create a separate method to do the calculation and display the ...
April 17, 2015 by Christina

math
A person purchased a $204,815 home 10 years ago by paying 10% down and signing a 30-year mortgage at 10.2% compounded monthly. Interest rates have dropped and the owner wants to refinance the unpaid balance by signing a new 30-year mortgage at 5.1% compounded monthly. How much...
October 4, 2014 by Ciara

math math :(
A couple finances a house valued at $125,000. They make a $20,000 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 year. The monthly PITI payment is:
May 1, 2011 by lexy

parents, Finances, and School-Age Children
If an employee in your center earns $9,500 a year, how much federal unemployment tax must you pay for this employee? A. $400.00 B. $76.00 C. $475.00 D. $56.00 D.
November 20, 2014 by Amanda

math finals
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

Calculus
In the diagram below, the y-coordinate of point P is increasing at a rate of 4 units per minute while point Q remains in its fixed position. Find the rate of change of angle, in radians per minute, when y = 20. y ^ | P (0, y) | | | | |---| |___|________ Q (4, 0) Then, P (0 , ...
February 6, 2011 by Katie

Finance
You buy some furniture for $600. The department store offers you “no interest for 8 months” after which you can pay the $600 in one lump sum. To take advantage of this deal, the store charges a $25 service fee, which is to be paid today. What rate of simple interest is the ...
September 21, 2014 by Mella

math
Julianne earned $296 working at a grocery store last week. She earns $8 per hour. How many hours does did julianne work?
December 10, 2014 by monica

FInance
Assume that you have $10,000 which you plan to invest for 3 years. How much more would you have if you invested the funds at 10% with annual compound interest versus 10% with simple interest? No funds will be paid until the end of the 3rd year.
February 14, 2013 by Lindsey

Finance
You just acquired a mortgage in the amount of $249,000 at 6.75% interest, compounded monthly. Equal payments are to be made at the end of each month for 30 years. How much of the first loan payment is interest? (Assume each month is equal to 1/12 of a year)
February 14, 2015 by Kelsey

calculus
It is estimated that x years from now, the value V(x) of an acre of farmland will be increasing at the rate of: V'(x)= 0.4x^3/sqrroot(0.2x^4+8000 dollars per year. The land is currently worth $500 per acre. A. Find V(x) b. How much will the land be worth in 10 years? You want ...
December 4, 2006 by Liz

Managerial Finance
The real risk-free rate is 2.1%. Inflation is expected to be 2.2% this year, 3.95% next year, and then 3.05% thereafter. The maturity risk premium is estimated to be 0.05(t - 1)%, where t = number of years to maturity. What is the yield on a 7-year Treasury note? Round your ...
September 23, 2011 by SLW

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