Thursday
March 5, 2015

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

Number of results: 41,369

accounting
Enter transactions: 1. owner contributes $6,00 cash 2. $2,000 in revenue on account 3. $1,500 cash from debtors 4. Rent expense cash $400 5. $300 in cash for salaries invested $2,500 in a certificate of deposit(terms - 12 months, rate of interest - 8%) Adjusted enteries at end...
June 15, 2011 by kay

accounting
a simple discount note for $6,600 at a ordinary bank discount rate of 8.61% for 60 days. What is the effective interest rate? Round to the nearest tenth of a percent
March 18, 2014 by Michel

physics-circular motion
the turntable of a record player rotates at a rate of 11 1/3. A record with a radius of 15cm is being played. a punk kid throws a piece of gum that lands right on the edge of the record. What linear distance in meters does the gum travel if it stays on the record for 10 ...
March 4, 2007 by kate

math
To save for their retirement, a couple deposits $4000 in an account that pays 5.9% annual interest compounded quarterly. What will be the value of their investment after 20 yr?
June 22, 2010 by Anonymous

math
To save for their retirement, a couple deposits $4000 in an account that pays 5.9% annual interest compounded quarterly. What will be the value of their investment after 20 yr?
September 19, 2010 by Anonymous

Math
If $ 2500 is invested in an account that pays interest compounded continuously, how long will it take to grow to $ 5000 at 3%? Round to the nearest tenth
June 8, 2011 by Jason

math
If I invested 1,000 into an account earing 5% compund interest which was paid monthly, How much would I have after 3 months?
April 30, 2012 by Genia

Math
How much must you deposit in an account that pays 6% semi-annual interest, compounded annually, to have a balance of $9000 in 15 years?
September 8, 2012 by Will

Business Math
Nic has a revolving dept store credit card account with rate 15%annually. Lastmonth balance on the account was $423.78. During the current month, he made purchases totalling $123.42 and made a payment of $100.00. The store uses the unpaid balance method. What must be the amt ...
December 15, 2010 by Marcy

delete account
could u delete my account plz im starting tutoring now in school and I will no longer be using this account
February 11, 2015 by lila

Business Calculus
Pam and Tim decide to start saving money for their daughter's college education. They open a college savings plan (529) with a 500 dollars initial investment and next month start to make monthly deposits of 120 dollars. If the account pays 8% compounded monthly, how much will ...
February 11, 2013 by cs94

Algebra
Sue's student loans totaled $31,000. One of her loans was at 2.8% simple interest and the other at 4.5%. After one year, Sue owed $1024.40 in interest. What was the amount of each loan?
January 10, 2011 by Ja el

pre calculus
Which is worth more after 5 years, an investment of $1000 at 5% interest compounded semi - annually(twice a year). or an investment of $1000 at 5% interest compounded continuously?
February 8, 2014 by Raju

Finance Challenge
The new RDS project is somewhat riskier than a typical project for DEI, primarily because the plant is being located overseas. Management has told you to use an adjustment factor of 3 percent to account for this increased riskiness. Calculate the appropriate discount rate to ...
November 23, 2013 by Serenity1

Math
Match the account balance with the debt that it represents. Explain your reasoning. 14. Account balance = -$25 15. Account balance < -$25 12. Account balance > -$25 Anser choices a. Debt > $25 b. debt= $25 c. Debt < $25 sory for bad English I'm chinese
January 7, 2014 by Miguel Ren

Math
Match the account balance with the debt that it represents. Explain your reasoning. 14. Account balance = -$25 15. Account balance < -$25 12. Account balance > -$25 Anser choices a. Debt > $25 b. debt= $25 c. Debt < $25 sory for bad English I'm chinese
January 7, 2014 by Miguel Ren

6th grade math
Can you check these inequalities? 1. Chancellor is saving $15 each week for at least n weeks to buy a skateboard that cost $150. Write an inequality to represent this real life situation. Ans: 15n >= 150 2. Write an inequality to represent the possible speed allowed fi the ...
December 11, 2013 by Alexis

statisics
A major hurricane with wind speeds of 111 per hour or greater. During the last century the mean number of major hurricanes to strike a certain country mainland per year was about 0.45. Find the probability that in a given year exactly one major hurricane will strike the mainland
February 1, 2015 by shana

socials
definitions developed country: Country with a highly developed economy, with a strong service sector and often an industria base. Citizens have the highest standards of living in the world, with high levels of literacy, health services, and food supplies. some things in here ...
January 4, 2012 by Mohammad

algebra
Cole's two student loans totaled $31000. One of his loans was at 2.8% simple interest and the other at 4.5%. After one year, Cole owed $1024.40 in interest. What was the amount of each loan?
March 19, 2010 by Tasha

Algebra
Sam two student loans totaled $31,000. One of his loans was at 2.8% simple interest and the other at 4.5%. After one year, Sam owed $1024.40 in interest. What was the amount of each loan?
January 13, 2011 by Keith

algebra 2
Mary invested one amount at 5% simple interest, and a second amount at 4% interest, earning $21.32 in one year. If she had switched the amounts, she would have earned $25.84. What were the two amounts?
May 19, 2012 by Anonymous

maths
a teacher earns $25000 a year and receive a 5% cost of living increase in salary with $ 275 merit increase. his salary increases by?
May 22, 2014 by iykestephanie

Calculus
A spherical fish tank of radius 8 meters is being filled with at a constant rate of Rπ meters cube of water per second. At height 3 meters, the rate of change of the height is 1 meter per second. What is the value of R?
July 7, 2013 by Mark

Finance
Temple Corp. is considering a new project \vhose data are shown below. 'rhe equipment that would be used has a 3-year tax life, would be depreciated by the straight-line method over its 3-year life, and would have a zero salvage value. No new working capital would be required...
April 26, 2011 by Anonymous

math
Ever wonder how much a house “actually” costs? Consider Alex and Sabrina who purchased a house with a selling price of $249,000.00. They managed to put 15% down and were approved for a 30-year conventional loan at 7% to cover the remaining $211,650.00. Their new monthly ...
April 24, 2012 by Dee

financial management
suppose you purchase a home for $150,000.and obtain a 90% mortgage loan, 30 yr. maturity, at a fixed annual interest rate of 80% with deferred monthly payments. What is the monthly payment for principal and interest on this loan?
January 13, 2008 by cj

interest
Matty Kaminsky owns a new Volvo. His June monthly interest was $400. The rate is 8 1/2 percent. Matty's principal balance at the beginning of June, rounded to the nearest cent, is: (Use 360 days)
September 30, 2013 by Anonymous

Physics(check)
11)A race car travels on a racetrack at 38 m/s and slows at a constant rate to a velocity of 20 m/s over 10 s. How far does it move during this time? I don't know 12)The speed of a body is the distance traveled per unit time. Which of the following would be SI units of speed? ...
March 30, 2008 by Jon

math
In 2000,the population of Arizona was 5 million and growing continuously at a rate of 3.1% per year. Write a function f that models Arizona's population in millions x years after 2000.
June 16, 2011 by Amanda

algebra
Mary bought a red convertible for $14,000. She paid $1,000 down and borrowed the rest on a one year note at 15% interest. How much will she owe at the end of one year
April 3, 2012 by ale

Math
A man bought a house for 76,000. he made a down payment of 26,000 and agreed to pay 2,500 each year with a interest of 14% on an unpaid balance. His payment at the end of the second year was?
August 8, 2013 by Lin

Linear Programming Investment Strategy
How can I set this question up? Client has 800,000 that must be invested in 3 funds. 20 to 40% invested in growth fund, 20 to 50% in income fund and at least 30% in money market fund. Client has a max risk index of 0.05. Risk indicators - growth fund is 0.10, income fund is 0....
November 11, 2006 by Bryan

math,correction
An employee who produces x units per hour earns an hourly wage of y= (0.95)x + 10. (in dollars). Find the hourly wage for an employee who produces 8 units per hour. i just plug in to the formula where x is i put 8 and the answer i got for it after solving was $17.60 correct
January 26, 2007 by Jasmine20

Statistics
In a three-channel queuing system, the arrival rate is 1 unit per time period and the service rate is 0.6 unit per time period. Determaine the probability that an arriving unit does not have to wait.
November 15, 2012 by Ellis

Statistics
2. In a given year the Murphy College admissions office accepts applications from students, who are then either accepted or not-accepted. Accepted students may or may not decide to attend Murphy College. Suppose the scores on a certain entrance exam for applicants of Murphy ...
January 12, 2011 by Sam

Math algebra
Sarah’s two student loans totaled $12,000. One of her loans was at 6% simple interest and the other at 9%. After one year, Sarah owed $855 in interest. What was the amount of each loan?
November 21, 2008 by Julissa

Math Algebra
Cole’s two student loans totaled $31,000. One of his loans was at 2.8% simple interest and the other at 4.5%. After one year, Cole owed $1024.40 in interest. What was the amount of each loan?
January 29, 2010 by Gami

annuaties
Mr. Strupp expects to retire in 12 years. Beginning one month after his retirement, he would like to receive $500 per month for twenty years. How much must he deposit into a fund today to be able to do so if the rate of interest on the deposit is 12% compounded monthly?
August 1, 2011 by nikki

calc 1
Water is leaking out of an inverted conical tank at a rate of 500.000 cubic centimeters per min at the same time that water is being pumped into the tank at a constant rate. The tank has height 8.000 meters and the diameter at the top is 6.500 meters. If the water level is ...
November 6, 2012 by ashley

calculus
Suppose f of x equals 3 times x minus k when x is less than 5 and equals 1 plus k times x when x is greater than or equal to 5.Find the value of k that would make f continuous at x = 5. -3 0 7/3 no such k will make f continuous
February 5, 2014 by ashley

math
noel and renaldo want to rent bikes with two other friends. they have $150 to spend on bike rentals. bike rentals rent 1 bike for 9.75 per hour. special group rate for group of 4 or more, save $3.00 per person. 4(9.75h-3)=150 noel says they have enough money to rent the bikes ...
April 7, 2010 by jace

math
noel and renaldo want to rent bikes with two other friends. they have $150 to spend on bike rentals. bike rentals rent 1 bike for 9.75 per hour. special group rate for group of 4 or more, save $3.00 per person. 4(9.75h-3)=150 noel says they have enough money to rent the bikes ...
April 7, 2010 by jace

Finance
I can't seem to figure this problem out: You make $4,800 annual deposits into a retirement account that pays 10.5 percent interest compounded monthly. Required: How large will your account balance be in 30 years? I feel like I'm really close, though. Here is where I'm at so ...
July 29, 2013 by Alex

Math Quant Needed!!!!
What would be the rate of return on a security investment with a standard deviation of 5%,and the risk free rate of interest is 4%, with a price of total risk at 0.5? What is the formula for this?
April 9, 2007 by Benbee

Algerbra II
What formula do you use when dealing with money and interest rates over time? Thanks
May 25, 2008 by Sue

Money
How much would £800,000 gain in interest over 30 years
December 23, 2010 by Kath

quantitative
how long will it take a sum of money to tripple itself at 16%p.a simple interest
March 8, 2011 by caroline

Math
If you earned $2,000 interest for 2 years at 7%, how much money did you originally invest? Thanks.
June 13, 2011 by Garnett

Math
How do you calculate interest earned using the initial money and ending savings?
November 22, 2011 by Anonymous

Algebra
You have a piggy bank containing a total of 85 coins in dimes and quarters. If the piggy bank contain $14.50, how many dimes are there in the piggy bank? Interest=principal multiply Rate multiply 1, or interest=principal multiply rate.
January 26, 2011 by Megan Brown

Finance
Assets required for operation: $2,000 Case A – firm uses only equity financing Case B – uses 30% debt with a 10% interest rate and 70% equity Case C – firm uses 50% debt with a 12% interest rate and 50% equity
September 12, 2014 by Anonymous

Stats Class
Passengers using New York's MetroCard system must swipe the card at a rate between 10 and 40 inches per second, or else the card must be re-swiped through the card reader. Research shows that actual swipe rate by subway riders are uniformly distributed between 5 and 50 inches ...
April 11, 2014 by Amanda

finance and cost management
house corporation makes credit sales of 2160 000 per annum. the average age of accounts receivable is 30 days. management considers shortening credit terms by 10 days. cost of money is 18% assume 360 day year how much will the company save from financing
January 23, 2013 by kin

Business
1. A company has $1,000,000 of fixed assets (or long-term assets) and requires its total debt to be 40% of its total assets. Two alternative working capital policies are as follows: alternative A calls for $800,000 of current assets and $100,000 of short-term debt, while ...
December 8, 2014 by Business

Economics
Jim left his previous job as a sales manager and started his own sales consulting business. He previously earned $70,000 per year, but he now pays himself $25,000 per year while he is building the new business. What is the economic cost of the time he contributes to the new ...
November 19, 2011 by Ace

Macroeconomics
Suppose that velocity is constant. The economy's output of goods and services rises by 5% each year. What will happen to nominal GDP and the price level next year if the Fed keeps the money supply constant? (Hint--put the variables into the formula) Help!
November 16, 2009 by a-tan

Accounting
Your firm has the following income statement items: sales of $50,250,000; income tax of $1,744,000; operating expenses of $10,115,000; cost of goods sold of $35,025,000; and interest expense of $750,000. What is the amount of the firm's income before tax? 3) _______ A) $750,...
October 13, 2008 by Mervice Townsend

Algebra Word Problem Help
In 1626, Peter Minuit of the Dutch West Indies purchased Manhattan Island from the Native Americans for $24. Assuming an exponential rate of inflation of 6% per year, how much will Manhattan Island be worth in 2010?
August 4, 2009 by Carmin

math
You drove 2695 miles in 35 hours. (1) What is your average rate of change? (2) Suppose you can drive that distance at a legal 75 mile per hour rate. How long should it take you to complete the trip? (3) Suppose you are driving that distance at an illegal 86.8 miles per hour ...
September 7, 2010 by melissa

Physical Science
2. Including a full-wave rectifier in an AC circuit will yield a(n) _______ current. A. continuous alternating B. continuous direct C. intermittent direct D. intermittent alternating
September 12, 2013 by Akeelah

Physical Science
2. Including a full-wave rectifier in an AC circuit will yield a(n) _______ current. A. continuous alternating B. continuous direct C. intermittent direct D. intermittent alternating
September 12, 2013 by Akeelah

economics
Suppose that the CPI in year five equals 123 and in year 6 equals 130. What was the inflation rate in year 6? Thank you, Megan 130/123 = 1.057 Ergo, 5.7%
July 10, 2006 by Megan

algebra
rachel and rosa each invested the same amount of money in bonds. Rachel got an 8% return on her money and rosa got a 9% return. If rosa's annual interest was $500 more than rachel's, how much did each invest? Do i need a chart for this problem?
March 3, 2013 by john

MATH!!!
Supppose you work for a company that has a 401k plan. Your first-year annual salary is $28,200 and you are contributing 10% of your monthly paycheck onto your 401k. Write a rule for the amount of money contributed to the plan after "n" months. Suppose your salary inreases by $...
December 10, 2007 by really need help...

Statistics
According to a study several years ago by the Personal Communications Industry Association, the average wireless phone user earns $62,600 per year. Suppose a researcher believes that the average annual earnings of a wireless phone user are now higher and he sets up a study to ...
July 6, 2011 by Feifer

Algebra
Student loans. Brandt's student loans totaled $2500. Part was mde at 3% interest and the rest was made at 2.5%. After the one year Brandt had accumulated $97.50 in interest. What was the amount of each loan? Please HELP ME!!!!!
March 7, 2009 by A.W.

Macroeconomics
During the 1990s, the size of the federal government debt became so large that servicing the interest payments became a significant portion of total federal expenditure. In response, many representatives and senators felt that the federal deficit needed to be reduced. If ...
December 6, 2008 by Anonymous

Finance
Gene's Art Gallery is notoriously known as a slow-payer. The firm currently needs to borrow $27,500 and only one company will deal with them. The terms of the loan call for daily payments of $100. The first payment is due today. The interest rate is 21.9%, compounded daily. ...
February 14, 2015 by Kelsey

math
An accountant earns 3,440 per month after receiving a 5.5% raise. What was the accountants monthly income before the raise. round to nearest cent.
June 11, 2010 by jerson

maths
an amount of Rs 5000 is put into three/investments at the rate of interest of 6%, 7%, 8% per annum respectively; the total annual income is Rs 35800. If the combined income from first two investments is Rs 70 more than the income from the third. Find amount of each installment...
July 1, 2013 by edward

Mathematics
A garrison of 1200 men has sufficient ratios for 25 days at the rate of 2400g per man per day. If 300 man join them and the ratios are reduced to 2000g per man per day,how long will the road last all of them? Thank you :)
March 13, 2012 by Elizabeth

Managerial Accounting
Flexible budget planning Sam Yu, the president of Centech Computer Services, needs your help. He wonders about the potential effects on the firm's net income if he changes the service rate that the firm charges its customers. The following basic data pertains to fiscal year ...
April 5, 2011 by Courtney

math
Students are baking muffins to sell to raise money. They bake muffins in trays of 24 muffins each. They want to divide the muffins on each tray into equal packets. Which packet size would result in muffins from each tray being left over? A.3 muffins per packet B.6 muffins per ...
March 27, 2013 by sally

precalculus
When Todd won the one million dollar lottery, he kept some of the money(M) in a short term account at 4.2% and invested the remainder at 7.25%. Write a relationship between I and A.
October 9, 2007 by Bob

sara
which of the following is an example of capital? A. money in a Swiss bank account. B. a bulldozer C. a CD by Metallica D. a Dracula costume for Halloween not sure which one to choose? helpp
December 10, 2010 by social studies

accounting
Selected T-accounts for Rolm Company are given below for the just completed year: Raw Materials Manufacturing Overhead Bal. 1/1 31,000 Credits ? Debits 390,000 Credits ? Debits 420,000 Bal. 12/31 56,000 Work in Process Factory Wages Payable Bal. 1/1 73,000 Credits 710,000 ...
September 8, 2012 by sally

Alg2
The annual Gross Domestic Product (GDP) of a country is the value of all of the goods and services produced in the country during a year. During the period 1985-1999, the Gross Domestic Product of the United States grew about 3.2% per year, measured in 1996 dollars. In 1985, ...
December 6, 2011 by Rock

Alg2
he annual Gross Domestic Product (GDP) of a country is the value of all of the goods and services produced in the country during a year. During the period 1985-1999, the Gross Domestic Product of the United States grew about 3.2% per year, measured in 1996 dollars. In 1985, ...
December 7, 2011 by Rock

Alg2
the annual Gross Domestic Product (GDP) of a country is the value of all of the goods and services produced in the country during a year. During the period 1985-1999, the Gross Domestic Product of the United States grew about 3.2% per year, measured in 1996 dollars. In 1985, ...
December 9, 2011 by Rock

Business Math
1,500 personal loan, bank is going to charge a fee of 2% of loan amount as well as take out the interest upfront. The bank is offering 15% APR for six months. Calculate the effective interest rate.
November 26, 2011 by Anonymous

math compound interest
I can figure all of the other compound interest problems except these-In how many years would Ben's $100,000 take to be worth $250.000 if compounded annually at the rate of 6.5%?-Thanks and good night :)
January 16, 2012 by lola

Economics
Normally, higher interest rates in a country cause the ___ for that country's currency to increase as money flows to the higher interest rates. This depends on the perceived ___. For the first blank I have "demand", but I'm not sure about the second blank?
April 4, 2013 by Julie

Math
Describe the intervals on which the following function is continuous. If not continuous, state "where" the discontinuity occurs and state the TYPE of discontinuity. f(x)= (x^2-x-12)/(x^2-6x+8) I just don't understand how to find the intervals. Thanks~
August 20, 2013 by Lindsay

Math
The treasurer for Kent Enterprises was preparing a bank reconciliation as of October 31, 2010, when the following items were identified: Cash balance per Kent's company records $32,800 Deposits in transit $4,300 Outstanding checks $2,200 Interest earned on the checking account...
September 30, 2012 by Anton

College Algebra
A total of $14,000 is invested in 3 accounts earning 3%, 4%, and 5% annual interest. The combined interest for one year is $539. If the amount invested at 5% is three times the amount at 4%, find the amount invested at 3%.
December 3, 2014 by Brad

7th grade algebra word problem
i need the formula for the following... jennifer now earns $250 more than three times the salary she earned as a cashier. If she now earns $10,300 how much did she earn as a cashier? thank you
October 24, 2008 by Michael

FINANCE
1. Interest rates A particular security's default risk premium is 3 percent. For all securities, the inflation risk premium is 2 percent and the real interest rate is 2.25 percent. The security's liquidity risk premium is 0.75 percent and maturity risk premium is 0.90 percent...
October 31, 2014 by Dashawn

Earth Science
1Which statement best illustrates a classification system? (1)A glacier melts at the rate of one meter per year. (2)Ocean depths are measured using sound waves. (3)Snowfall predictions for winter storms vary. (4)Stars are grouped according to color. Is it (4)?
June 18, 2008 by Anonymous

Algebra
On Monday, it took Helen 3 hours to do a page of science homework exercises. The next day she did the same number of exercises in 2 hours. If her average rate on Monday was p exercises per hour, what was her average rate the next day, in terms of p? I know that the answer is 3...
March 8, 2014 by Jeremy

economics
GDP per capita in the U.S. was approximately $41,000 in 2005, what will it be in the year 2015 in GDP per capita grows each year by A) 0% B) 2% C)4% Use algebra. a) 41,000 b) 41,000*((1.02)^10) c) 41,000*((1.04)^10)
January 29, 2007 by sheela

tax
Bailey owns a 20% interest in a partnership (not involved in real estate) in which his at-risk amount was $25,000 at the beginning of the year. During the year, Bailey receives a distribution of $20,000 from the partnership. The partnership produces an $80,000 loss during the ...
May 10, 2012 by Andy

math
Nick has a revolving department store credit card account with an annual percentage rate of 15%. Last month’s balance on the account was $423.78. During the current month, he made pur- chases totaling $123.42 and made a payment of $100. The store uses the unpaid balance method...
November 18, 2013 by lauren

Medical Assisting
Steri-strips cost $4.95 per box, there are 100 per box. If an orthopedic surgical group uses 200 Steri-strips a month, how much would be saved in a year by making a single purchase for a year's supply rather that 12 monthly purchases.If large lots of 1,000 or more, the ...
November 22, 2010 by Lisa

College Mathematics
You drove 2695 miles in 35 hours. (1) What is your average rate of change? (2) Suppose you can drive that distance at a legal 75 mile per hour rate. How long should it take you to complete the trip? (3) Suppose you are driving that distance at an illegal 86.8 miles per hour ...
September 7, 2010 by Melissa

Algebra
I hope that I am typing this particular problem right because this algebra problem was provided on a chart. However, I can't copy and paste the chart on here. The problem says "The given graph represents the number of active servicemen in the region who are overweight." Find ...
February 8, 2014 by Student5

healthcare statistics
Transcriptionsist B is a full time employee earning10 per hour and annual sallary of 20,800 transcribes 900 lines per day for a total of 234,00 lines per year what is the unit medical transcription labor cost for transciptionist B
October 5, 2014 by Anonymous

statistics
assume you have a data set from a normally distributed random variable. answer the following: will the random variable be discrete, continuous, or neither? How do you know? I believe its continuous but cant explain why will the data be qualitative or quantitative? How do you ...
June 29, 2013 by Dean

Finance
I am having a hard time figuring out the equation that I should be using to determine the value of a $1000 denomination for a Bond with a 7% coupon rate maturing in 20 years with a required interest rate of 8%. Is there maybe any online calculators that can help?
December 22, 2008 by hmb

tax
Which of the following interest expenses incurred by Amanda is treated as personal interest expense and, therefore, not deductible as an itemized deduction? A. Interest expense on personal credit cards B. Bonds purchased with accrued interest C. Interest on a home mortgage ...
March 7, 2012 by Andy

Pages: <<Prev | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 | 41 | 42 | 43 | 44 | 45 | 46 | Next>>

Members