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

52,193 results

Algebra
an investment of 72,000 was made by a business club. the investment was split into three parts and lasted for one year. the first part of the investment earned 8% interest. the second 6% and the third 9%. total interest from the investments was \$5640. the interest from the ...

Precalc
An investment of \$37,000 was made by a business club. The investment was split into three parts and lasted for one year. The first part of the investment earned 8% interest, the second 6%, and the the third 9%. Total interest from the investments was \$3030. The interest from ...

Math/Compound Interest
1. Use the compound interest table to find the compound amount earned on a \$5,900 deposit for 10 years at 10% compounded semiannually. _____________________________________ A. 9,610.45 b. 15,654.47 c. 3,710.45 d. 12,375.66 2. Megan deposited \$6,000 in an account that pays 4% ...

finance
You currently have \$22,500 in your retirement account. What annual rate of return will you need to make on your investment in order to have \$1,000,000 in the account on your 60th birthday? Will investing in CDs get you to your goal?

Finance
Ken Braden estimates that taking some classes would result in earning \$3,500 more a year for the next 30 years. Based on an annual interest rate of 5 percent, calculate the future value of these classes.

Maths
1.The value of an investment grows from R2200 to R3850 in 8 years. Determine the simple interest rate at which it was Invested. 2. James had R12000 and invested it for 5 years.If the value of his investment is R15600, what compound interest rate did it earn?

If real GDP per capita grows at a rate of 5% per year consistently over time, how many years would it take for it to double in size? 5 10 My answer 14 70 The purpose of indexing Social Security payments to the CPI is to ______. increase corporate profits justify continued ...

algebra
an investment of \$50,000 was made by a busines club. the investment was split into three parts and lasted for one year.the first part of the investment earned 8% interest, the second 6%, and the third 9%. total interest from the investments was \$3960. the interest from the ...

Brokport
An investment of \$180,000 was made by a business club. The investment was split into three parts and lasted for one year. The first part of the investment earned 8% interest, the second 6%, and the third 9%. Total interest from the investments was \$8520. The interest from the ...

accounting
Adjusting entries. You have been retained to examine the records of Kathy's Day Care Center as of December 31, 20X3, the close of the current reporting period. In the course of your examination, you discover the following: •On January 1, 20X3, the Supplies account had a ...

Algebra
Suppose that the number of bacteria in a certain population increases according to a continuous exponential growth model. A sample of 1000 bacteria selected from this population reached the size of 1274 bacteria in five hours. Find the hourly growth rate parameter. Note: This ...

Math
Can you please explain step by step on how to do each of these two problems below? And then tell me whether it involves an arithmetic sequence or a geometric sequence I also need the work shown out for both problems thank you. 1). A person hired a firm to build a CB radio ...

math
Please help: A continuously compounded account starts with \$2500 in principal. The annual interest rate is 11.3%. What is the balance after 15 years? pert: Value= Principal*ert = 2500* e0.11(15) = 2500 * e1.65 wow. thanks

Daniel is climbing up a cliff at a rate of 2 meters per minute. What is his rate in feet per hour? A. about 36.6 feet per hour B. about 98.4 feet per hour C. about 197 feet per hour D. about 394 feet per hour

Daniel is climbing up a cliff at a rate of 2 meters per minute. What is his rate in feet per hour? A. about 36.6 feet per hour B. about 98.4 feet per hour C. about 197 feet per hour D. about 394 feet per hour

Pre.Calc
You want to make an investment in a continuously compounding account over a period of ten years. What interest rate is required for your investment to double in that time period? Round the logarithm value to the nearest hundredth and the answer to the nearest tenth. -I don't ...

math
A factory increases the production of cars annually by 5%. If presently it manufactures 610, 000 cars per year, how many cars will it manufacture per year after 3 years

math
A factory increases the production of cars annually by 5%. If presently it manufactures 610, 000 cars per year, how many cars will it manufacture per year after 3 years

accounting
In determining the viability of a strategic investment, several pieces of information are required, including the cost of the project, the projected cash flows, and the discount, or interest, rate. In the Guillermo Furniture Scenario, which costs would you NOT consider, and ...

algebra 2
Can you find the error for me in this equation, find the explicit formula, evaluate the formula for n? I think the error is in the a2-a1 formula.and the -62.50. I know the pattern is 62.50 paid per month. Your uncle loaned you some money and did not charge interest. The amount...

Economics
A 20-year-old student decided to set aside \$100 on his 21st birthday for investment. Each subsequent year through his 55th birthday, he plans to increase the investment on a \$100 arithmeticgradient. Hewill not set aside additional money after his 55th birth- day. If the ...

Finance
Firm is contemplating the purchase of a new warehouse inventory management system which will cost 3,600,000 at the end of its 8 year life. The warehouse management system will be depreciated straight line to 300,000 over its 8 year life. It is estimated it will reduce costs by...

Accounting
Your client Anjelica Seeds wants to purchase a Burg-N-Fry franchise. The buy-in is \$500,000. Burg-N-Fry headquarters tells Anjelica that typical annual operating costs are \$160,000 (all cash) and that she can bring in “as much as” \$260,000 in cash revenues per year. Burg-N...

Calculus
The relationship between the amount of money x that Cannon Precision Instruments spends on advertising and the company's total sales S(x) is given by the following function where x is measured in thousands of dollars. S(x) = -0.002x3 + 0.9x2 + 4x + 500 (0 x 200) Find the rate ...

the population of a town is decreasing at a rate of 1.8% per year. The current population of the own in 12000. a)write and equation that models the population of the town b)how long will it take for the population to decline to one quarter of its current population? c)...

Algebreic Expressions
One third as many books Earns \$13 per hour

accounting
4. Suppose a Midwest telephone company and telegraph MTT company bond maturing in one year can be purchased today for \$975 assuming that that the bond is held until maturity the investor will receive \$1000 principal plus 6 percent interest that is 0.06x \$ 1000= 60 determine ...

Consumer Math
On retirement Victor was offered the option of receiving monthly payment of \$1674.08 or a lump-sum payment of \$150667 a) What are the respective incomes per annum of each option if the lump sum can be invested at 11.5% p.a. b) At what interest rate must the lump sum be ...

Math
A man collected \$28500 on a loan of \$25000 he made 4 years ago. If he charged simple interest, what was the yearly interest rate?

algebra
a loan of 22,823 was repaid at the end of 12 months. What size repayment check (principal and interest) was written , if a 10.7 % annual rate of interest?

algebra
a loan of 22,823 was repaid at the end of 12 months. What size repayment check (principal and interest) was written , if a 10.7 % annual rate of interest?

Sardhanand barbigha mathematics
Principal-Rs300. Time-3 years .simple interest-Rs 45 then find how much the yearly hundreds of interest rate

Math
An investment of \$2050 at a rate 2% interest earned in 164 in simple interest. Find the length of the time it was invested for My answer: 4 months

Math
Find the number of years needed to realize a total interest of \$5000 if the principal saved is 10000 at a simple interest rate of 10%

accounting and finance
1.Yukon Bike Corp. manufactures mountain bikes and distributes them through retail outlets in Canada, Montana, Idaho, Oregon, and Washington. Yukon Bike Corp. has declared the following annual dividends over a six-year period ending December 31 of each year: Year 1, \$28,000; ...

Math
. Mark pays \$4.68 for 0.72 of a pound of almonds. Based on this cost ratio, which statement is true? A. Mark pays a rate of \$3.37 per pound of almonds. B. Mark pays a rate of \$3.96 per pound of almonds. C. Mark pays a rate of \$5.40 per pound of almonds. D. Mark pays a rate of...

msth
you are planning for your kids future education. he is 8 years old now and will start in ten years. How much will you have to set aside each year in order to have 65,000.00 if the interest rate is 7%.

math
Mr. Smith is purchasing a \$190000 house. The down payment is 20% of the price of the house. He is given the choice of: (A) a 20-year mortgage at a rate of 6%. Find: (i) The monthly payment: \$ (ii) The total amount of interest paid: \$

Mathematics
what is the time and half a rate for postal worker who regulary earns \$11.75 an hour

Macroeconomics
Suppose the Fed wishes to use monetary policy to close an expansionary gap. a. Should the Fed increase or decrease the money supply? b. If the Fed uses open-market operations, should it buy or sell government securities? c. Determine whether each of the following increases, ...

Math
Ken started the day with some money in is pocket. After he took some money out of his bank account, he had \$4 more than twice the amount he started with. He then received a birthday present which doubled the amount of money he had with him. Ken now had \$100 in his pocket. How ...

Algebra
The given graph represents the number of active servicemen in the region who are overweight. There were 3320 overweight servicemen in 1992, and 8310 overweight servicemen in 2002. Find the rate of change. The rate of change is ___? servicemen per year. (Type an integer or a ...

Finance
You are given the choice of \$4,000 in extra taxable income per year or a tax-exempt medical policy. The medical policy costs \$300 per month. Your tax rate is 25%. Considering financial factors only, should you take the cash or the medical policy?

Pre-Cal
This exercise is based on the following table, which lists interest rates on long-term investments (based on 10-year government bonds) in several countries in 2008. Assuming that you invest \$12,000 in the Japan(1.5%), how long (to the nearest year) must you wait before your ...

finiance
WM3 is a company who is looking to expand. There is a potential deal with a furniture company but MW3 is not sure if they should take this deal. The furniture company is offering a 4 year contract for 100,000 units per year at a fixed price of \$55.50 per unit. WM3 has ...

Algebra
A car dealer will sell you a used car for \$5709 with \$709 down and payments of 233.75 per month for 24 months. What is the simple interest rate? Rounded to the nearest tenth.

math
George finds a company that charges 59 cnets per day for each 1000 borrowed. if he borrows 3000 for 60 days, what amount will he repay, and what annual interest rate will he pay the company?

maths
Ratna obtained a loan of â‚¹25000 from the bank to renovate her house. If the rate of interest is 8% per annum, what amount will she have to pay to the bank after 2 years to discharge her debt.

Math
I am purchasing a car for \$8,500. I have a loan for the purchase with a 9.2% annual interest rate compounded continuously and the loan will run for three years. How much do I pay per month?

Math
An orchestra buys music stands for \$42 each with \$298 in its bank account. Write a function rule that shows how the account balance depends on the number of stands bought. What are the initial value and rate of change of the function?

accounting
In recent years, there has been a lot of media coverage about the funding status of pension plans for state employees. In many states, the amount of money invested in employee pension plans is far less than the amount estimated to be needed to pay them the retirement benefits ...

accounting -annual amount
The exhaust-gas temperature leaving a continuously operating furnace is 260°C, and a proposal is being considered to install a heat exchanger in the exhaust-gas stream to generate low-pressure steam at 105°C. the question to be investigate is whether it is economical to ...

accounting -annual amount
The exhaust-gas temperature leaving a continuously operating furnace is 260°C, and a proposal is being considered to install a heat exchanger in the exhaust-gas stream to generate low-pressure steam at 105°C. the question to be investigate is whether it is economical to ...

finance
You note the following yield curve in The Wall Street Journal. According to the unbiased expectations theory, what is the 1-year forward rate for the period beginning one year from today, 2f1? (Round your answer to 2 decimal places.) Maturity Yield One day 2.50% One year 6.00 ...

Math Refinancing Question
A person purchased a \$205,107 home 10 years ago by paying 10% down and signing a 30-year mortgage at 8.1% compounded monthly. Interest rates have dropped and the owner wants to refinance the unpaid balance by signing a new 15-year mortgage at 4.5% compounded monthly. How much ...

Finance
Bond Pricing: A 6-year Circular File bond pays interest of \$80 annually and sells for \$950. What is its coupon rate, current yield, and yield to maturity? Bond Pricing : If the Circular File wants to issue a new 6-yar bond at face value, what coupon rate must the bond offer?

math
Can someone please double check my answers. 1. What pattern does the logarithmic function exhibit? a. y = b+a(lnx) b. y = a+b(lnx) c. y = ax+b d. y = axb I think A and B both look right..I just went with B. 2. Let f(x) = log6x and g(x) = log1/2x. For all x>1, f(x)>g(x) ...

Math
Can someone please double check my answers. 1. What pattern does the logarithmic function exhibit? a. y = b+a(lnx) b. y = a+b(lnx) c. y = ax+b d. y = axb I think A and B both look right..I just went with B. 2. Let f(x) = log6x and g(x) = log1/2x. For all x>1, f(x)>g(x) ...

math
the additional month of interest (note that the problem specifies 2% simple interest per month)? As a professional photographer, Marion has seen the trend away from film cameras as customers purchase low-end digital cameras and printers in order to avoid processing fees ...

Taxes: Along with incomes, peoples charitable contributions have steadily increased over the past few years. The table shows the average deduction for charitable contributions reported on individual income tax returns for the period 2007 to 2012. Find the average rate of ...

plz help=math
Early last year, the Zoe Growth Fund ran advertisements in the financial pages of major newspapers. The "ad" had primarily empty space containing the simple message: \$20,000 INVESTED IN ZOEINVESTMENT GROWTH FUND IN 1962 WOULD BE WORTH \$9.40 MILLION TODAY What compound annual ...

math
Amount of an investment. The amount of an investment of P dollars for t years at simple interest rate r is given by A  P  Prt. a) Rewrite this formula by factoring out the greatest common factor on the right-hand side. b) Find A if \$8300 is invested for 3 years at a simple ...

Financial maths
Tim buys unit trusts for R25 000 after eight years he sells them R63 000 (a)calculate a compound interest rate that would yield the same return (b)calculate a simple interest rate that would provide the same growth

maria vazquez
Sonoma winery has fixed cost of \$10,000 per year. its warehouse sells wine with variable costs of 80% of its unit selling price. How much in sales does Sonoma need to break even per year?

Mathematics
Patrick invests a sum of money for 2.5 years at 12% p.a. compounded monthly. If he earns \$11305 after 2.5 years, how much is his investment?

~~~Math~~~~~~~~
Patrick invests a sum of money for 2.5 years at 12% p.a. compounded monthly. If he earns \$11305 after 2.5 years, how much is his investment?

MacroEconomics
1. The money supply is \$1 trillion,the price level =2,and real GDP is \$5 trillion in base year dollars. What is the income velocity of money ?

math
On the first day in each month, Enid deposited \$4 into her bank account and Jim deposited \$3 into his. They opened these accounts on May 15, 1990. On December 31, 1990, they each had \$72 dollars in their account. How much did each person deposit on May 15? (Note: Neither ...

more math
Every month, a girl gets allowance. Assume last year she had no money, and kept it up to now. Then she spends 1/2 of her money on clothes, then 1/3 of the remaining money on games, and then 1/4 of the remaining money on toys. After she bought all of that, she had \$7777 left. ...

math
marla earned \$400.00 interest over 2 years on a \$4000.00 investment. jovita earned \$960.00 interest over 4 yars on her \$ 6000.00 investment. Who had the higher rate of interest?

maths-urgently needed
the simple interest of certain amount for a period of 2 years is 400 . the compound interest for the same amount for the same period is 410. find the principal and rate of interest?

Finance
3. Your firm is considering buying a new machine that costs \$200,000, is expected to generate \$110,000 in new revenue each year and will cost \$45,000 a year to operate. If your firm's marginal income tax rate is 35% what is the Net Cash Flow your firm will realize from the new...

science
For a given area of land, the average rate of creep is 14 mm per year. How long will it take the area to move 1 m?

engineering ecnonmics
A 20-year-old student decided to set aside \$100 on his 21st birthday for investment. Each subsequent year through his 55th birthday, he plans to increase the investment on a \$100 arithmeticgradient. Hewill not set aside additional money after his 55th birth- day. If the ...

Stereo Inc. sells a stereo system for \$300 down and monthly payments of \$80 for the next 3 years. If the interest rate is 3.25 % per month, what is the cost of the stereo?

math
yhank you very much for solving the question i asked yesterday:the two parners in a business, one partner mortgaged business property to his co-partner for \$15,000 at 12% interest. no payments were ever made for 17 yearsyour answer was "assuming the interest is compounded ...

Intermediate Accounting
cheery Company follows IFRS for its financial reporting. On January 1, 2015 Cheery issued \$250 million of 10-year convertible notes that pay interest at 5% annually. Investors pay \$250 million for the notes even though the company's credit risk at the time implies a 10% ...

English
Why do you save money? 1. I save money to buy a fancy bike. 2. I save money to buy the MS Office program. 3. I save money to buy a Samsung galaxy 5. 4. I save money to please my parents, for they like me to save money. 5. I save money to buy a new coat. 6. I save money to ...

College Algebra
An amount of \$500 was invested in 1970 and the investment grew as shown in the following table. The average rate of change of the investment between 1975 and 1980 is ___ per year. Year 1970 1975 1980 1985 Capital 500 966 1856 3578

kaushik
a sum of money put at11% per annum amount to 4491 in2 years 3 months what will it amount to in 3 years at the same rate

economics
Jerry is considering buying today a new bond which makes infinite annual payments. In particular the bond pays its holder 557.3 dollars one year from the day of purchase and the annual payment increases by 129.32 dollars each year thereafter. What is the maximum amount that ...

On May 1, Emerson Fast bought 10 Manitoba On May 1, Emerson Fast bought 10 Manitoba Polar bonds with a coupon rate of 7.875%. The purchase price was \$101. 375, and the commission was \$8 per bond. Manitoba Polar bonds pay interest on April 1 and October 1. Polar bonds with a ...

math
You manage inventory for your company and use a continuous review inventory system to control reordering items for stock. Your company is open for business 310 days per year. One of your most important items experiences demand of 24 units per day, normally distributed with a ...

Math-NPV
Net Present Value Big Steve's makers of swizzle sticks, is considering the purchase of a new plastic stamping machine. This investment requires an initial outlay of \$110,000 and will generate net cash inflows of \$17,000 per year for 11 years. a. what is the projects NPV using ...

msu
As compared to its first year of operation, ABC company grew 8% in the second year and an additional 2% per year for the next two years. If total growth for years 2-4 was \$45,000 over the first year’s sales of \$150,000, how much did ABC grow in year 2?

math
As compared to its first year of operation, ABC company grew 8% in the second year and an additional 2% per year for the next two years. If total growth for years 2-4 was \$45,000 over the first year’s sales of \$150,000, how much did ABC grow in year 2?

Finance
Demand of Bonds Point Price of bond Interest rate (i) Demand A \$925 (1000 - 925)/ 925 = 8.1% \$100 billion B \$800 (1000 - 800)/ 800 = 25% \$400 billion Table 2: Supply of Bonds Point Price of bond Interest rate (i) Demand A \$925 8.1% \$400 billion B \$800 25 % \$100 billion Draw ...

math
Five (5) years ago, you bought a house for \$171,000, with a down payment of \$30,000, which meant you took out a loan for \$141,000. 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: ...

algebra
Five (5) years ago, you bought a house for \$171,000, with a down payment of \$30,000, which meant you took out a loan for \$141,000. 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: ...

college alg HELP!
I cannot figure a way to do this problem: An investment of \$98,000 was made by a business club. The investment was split into three parts and lasted for one year. The first part of the investment earned 8% interest, the second 6%, and third 9%. The total interest from the ...

Mathematics
Mrs. Sheela purchased a sewing machine and made a down payment of Rs.1000. She agreed to pay Rs .60 per month thereafter for one year. If the interest Raye was 7% compounded monthly, what was the cash price of the machine?

science linear prog
A small farm in Illinois has 110 acres of land available on which to grow corn and soybeans. The following table shows the cultivation cost per acre, the labor cost per acre, and the expected profit per acre. The column on the right shows the amount of money available for each...

Finance
Can anyone offer help to me by explaining how I can answer this question? The current rate on 5-year T-Notes is 7% and the current rate on 10-year T-Notes is 9%. What should you expect the rate to be on 5-year T-Notes in 5 years? I am not looking for the answer directly, just ...

Physical Science
If the Mid-Atlantic Ridg opens at the rate of 5 centemeters per year, how much farther apart will Paris and New York be in a 1,000 years?

The formula A = P + I shows that the total amount of money A received from an investment equals the principal P (the original amount of money invested) plus the interest I. Solve this formula for I.

Finance
Karl can afford car payments of \$235 a month for 48 months. The bank will lend him money to buy a car at 7.75 percent interest. How much money can he afford to borrow?

Algebra
I am not sure how to solve this problem. Could someone please help and explain the proper steps. Annual interest of 2.5% paid if the balance exceeds \$750, \$8 monthly fee if the account falls below minimum balance \$815, account falls below \$750 during 4 months.

iun
kim won 60,000 dollars. she invested part at 2 percent interest and the rest at 3 percent interest. if she earned total of 1600 dollars in interest. how much was invested at each rate?

finance
I'm not sure how to approach this problem What is the fair value of a 10-year annuity of \$5,000 whose payment will start five years from now and last until fourteen years from now (10 payments), if the interest rate is 8%?

maths-urgently needed
A man invests Rs 3,20,000 for 2 years at 12.5% p.a. compounded annually. If the income tax at the rate of 20% is deducted at the end of each year, on interest accrued, find the amount he received at the end of 2 years.

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