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December 9, 2016

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

Number of results: 50,055

Math
Which expressions could complete this equation so that it has one solution? 4(4x - 3) - 6x *There are two answers* 12x - 12 -2x ** 9x - 12 4x + 2(3x - 6) 4(2x + 3) - 24 ** Marie has $830 in her bank account and withdraws $60 each month. Denise has $970 in her bank account and ...
October 6, 2014 by Anonymous

math
Suppose payments were made at the end of each month into an ordinary annuity earning interest at the rate of 3.5%/year compounded monthly. If the future value of the annuity after 12 years is $50,000, what was the size of each payment? (Round your answer to the nearest cent.)
November 20, 2015 by phalyn

math
Here is the information for two pay-as-you-go cell phone companies, On Call- 3.5 hours: $10 Talk Time- 1/2 hour: $1.25 1)What is the unit rate in dollars per hour for each company? 2)Which company offers the best deal? Explain your answer. 3)Another company offers a rate of $0...
October 6, 2015 by Tim

Maths
Find the total amount required to pay off a loan of 16000 plus interest at the end of 8 years if the interest is compounded half-yearly and the rate is 14% p.a.
June 18, 2013 by Shane

Math
Raimo borrowed $750 from Chris on October 30 and agreed to repay the debt with simple interest at the rate of 12.3% on May 10. How much interest was owed on May 10? Assume that February has 28 days.
May 5, 2014 by Anonymous

Math Personal Finance
Assume a 30-month CD purchased for $4000 pays simple interest at an annual rate of 5.5%. How much total interest does it earn? What is the balance at maturity?
June 8, 2014 by Alexis

maths
Raimo borrowed $830 from Chris on October 19 and agreed to repay the debt with simple interest at the rate of 5.1% on May 18. How much interest was owed on May 18? Assume that February has 28 days.
September 23, 2016 by sukhman

Algebra
1.Solve 2x = 5x2 for x. A. 2.322 B. 0.431 C. 0 and 2.322 D. 0 and 0.431 2.Which of these is a factor of 2x100 − x7 − 1? A. x B. x − 2 C. x + 1 D. x − 1 3.If P(x) is a polynomial with P(–6) = –1.12 and P(–5) = 0.6 then which of the following must ...
May 5, 2012 by nash

Economics
1) Which of the following is an example of a measure of labor productivity? a. Autos get 30 gallons to the mile. b. The growth rate of per capita real GDP is 3.5 percent per year. c. Farm workers produce 30 bushels of wheat per worker per day. d. Wages increase by 3.5 percent ...
June 8, 2010 by Suzy

management
What factors account for the resurgence of interest in OSCM today?
March 19, 2011 by Anonymous

compund interest
Payments of $1800 and $2400 weere made on a $10,000 variable-rate loan 18 and 30 months after the date of the loan. The interest rate was 11.5% compounded semi-annually for the first two years and 10.74% compounded monthly thereafter. What amount was owed on the loan after ...
August 5, 2009 by thara

writing
If I could get some help? I was wonderung if I had done this right.Write two paragraphs about how interest rates affect our purchasing decisions. Identify the topic sentence in each by underlining it. I have determined that the first two sentences in each paragrapg are the ...
August 12, 2011 by Anonymous

finance
Winnebagel Corp. currently sells 29,400 motor homes per year at $44,100 each, and 11,760 luxury motor coaches per year at $83,300 each. The company wants to introduce a new portable camper to fill out its product line; it hopes to sell 20,580 of these campers per year at $11,...
April 16, 2012 by angiza

Math
if the interest rate on a home mortgage is 9%, then each month you pay 0.75% of the unpaid balance in interest. if the unpaid balance on one such loan is $60,000 at the beginning of a month, how much interest must be paid that month?
October 15, 2012 by Rodney

Math
An investment of $3,000 is made at an annual simple interest of 5%. How much additional monery must be invested at an annual simple interest rate of 8% so that the total annual interest earned is 7.5 of te original amount that you invested?
March 30, 2016 by Anonymous

Finance
You just borrowed $15,000 from a bank. If you pay $4,000 at the end of each year over the next 5 years, you will pay off the loan. What is the interest rate on the loan?
June 11, 2012 by Brian

Accounting
Please Help I have no idea how to do this! I have to prepare a adjusting entry for year ended December 31, 2008 A. One third of the work related to 15,000 cash received in advance is performed this period. The company has a bank loan and has incurred but not recorded interest ...
September 16, 2006 by Amber

Public Finance
A corporation has $7 mil. in equity. During the tax year it takes in $4 million in receipts and earns $ 2 million in capital gains from sale of subsidiary. It incurs labor costs of $1 million, interest costs of $250,000, material costs of $500,000, and pays rent for structure ...
January 29, 2011 by Mel

business math/finance
1. If you were to place $15,000 in the bank at 3% interest, how much would you have in the bank after one year if the interest were compounded quarterly?
March 11, 2013 by shaunta

Economics
How are you helping businesses expand when you put money in a savings account?
July 20, 2012 by alex

analogies
Letter is to mail as money is to (a)bank (b)savings (c)invest (d)account
November 26, 2016 by jasmine

Math
Plz help me with these question. 1. The census Bureau estimates That in 2020, 15 of the 50 states will have a Spanish speaking majority. What percent of the states will have a Spanish speaking majority? A.10% B.15% C.30% D.50% 2. Last year, A poll of 1,000 voters conducted by ...
November 16, 2016 by MATH help

equations
The linear equation y=0.15x + 0.79 represents an estimate of the average cost of gas for year x starting in 1997. The year 1997 would be represented by x = 1, for example, as it is the first year in the study. Similarly, 2005 would be year 9, or x = 9. a)What year would be ...
October 24, 2009 by Anonymous

maath 116
3. The linear equation represents an estimate of the average cost of gas for year x starting in 1997. The year 1997 would be represented by x = 1, for example, as it is the first year in the study. Similarly, 2005 would be year 9, or x = 9. a) What year would be represented by...
January 20, 2010 by Juan

math
1. You have $55000 to invest, and two funds you would like to invest in. The You-Risk-It Fund yields 13% interest. The Extra-Dull Fund yields 7% interest. Because of the college financial aid implications, you don’t think you can afford to earn more than $6500 in interest ...
October 28, 2011 by gaurav

math
1. You have $55000 to invest, and two funds you would like to invest in. The You-Risk-It Fund yields 13% interest. The Extra-Dull Fund yields 7% interest. Because of the college financial aid implications, you don’t think you can afford to earn more than $6500 in interest ...
October 28, 2011 by gaurav

math
4. You have $55000 to invest, and two funds you would like to invest in. The You-Risk-It Fund yields 13% interest. The Extra-Dull Fund yields 7% interest. Because of the college financial aid implications, you don’t think you can afford to earn more than $6500 in interest ...
October 29, 2011 by gaurav

accounting
Logan Products computes its predetermined overhead rate annually on the basis of direct labor-hours. At the beginning of the year, it estimated that 38,000 direct labor-hours would be required for the period’s estimated level of production. The company also estimated $567,...
September 8, 2012 by sally

math
Jenna has $1500 in a savings account. She adds $30 to her account each month. Luis has $2400 in his savings account. He withdraws $30 from his account each month. Write and solve a system of equation.
November 8, 2012 by sahar

Math- Ms. Sue.. anyone!
Which expressions could complete this equation so that it has one solution? 4(4x - 3) - 6x *There are two answers* 12x - 12 -2x ** 9x - 12 4x + 2(3x - 6) 4(2x + 3) - 24 ** Marie has $830 in her bank account and withdraws $60 each month. Denise has $970 in her bank account and ...
October 6, 2014 by Anonymous

Math
Real Reverse Nominal Returns You purchase 100 shares of stock for $40 a share. The stock pays a $2 per share dividend at year-end. What is the rate of return on your investment for these end-of-year stock prices? What is your real (inflation-adjusted) rated of return? Assume ...
March 21, 2007 by Antoinette

Economics
A $90,000 investment is made. Over a 5 year period, a return of $30,000 occurs at the end of the first year. Each successive year yields a return that is $3,000 less than the previous year's return. If money is worth 5 percent, use a gradient series factor to determine the ...
February 23, 2013 by katie

Finance
We are considering the introduction of a new product. Currently we are in the 34% tax bracket with a 15% discount rate. This project is expected to last five years and then, because this is somewhat of a fad project, it will be terminated. The following information describes ...
November 28, 2012 by Anonymous

5th grade math (word problems)
I'm not sure how to solve the following problem. I don't think i have enough information. Ali deposited $120 in her savings account. This represents 75% of the money she received for her birthday. She pent the rest of her money on a lego toy. How much did the lego cost? Can ...
March 7, 2013 by Alex

calculus
the side of a cube is expanding at a constant rate of 2 centimeters per sesond. what is the instantaneous rate of change of the surface area of the cube, in cm2 per second, when its volume is 27 cubic cm
December 30, 2010 by Felicia

Alg I
Please explain how to solve: Laura can pressure wash her driveway at an average rate of 15 square feet per minute. Which is closest to this rate in square yards per second? A. 0.35 B. 0.24 C. 0.03 D. 0.01
June 3, 2012 by Jane

finance
if tiny tots has a outstanding debt currently selling for 800 per bond. it matures in 20 years pays interest annually and has 14% coupon rate par is 1,000, what is the after tax cost of the debt?
September 4, 2013 by tasha

Business Dynamics
Calculate the single risk premium (to 2 decimal places) to be charged today on an insurance product that pays regular claims of $500 in 1,2,3,...,25 years from today. Use an interest rate of 4% per annum.
December 7, 2016 by Madison

math
arianna's mom deposits $80 in her lunch account. Lunch costs $2.50 per day. Write and solve an inequality to determine when there will be less than $20 in her account. I'm not sure how to set this up. would i subtract $80 to add it back to $20 on the other side of the ...
October 21, 2014 by Reece

Math
your aunt gives you a check on your birthday each year. on your first birthday , she gives you a check for one cent. the next year she gives you 3 cents , then 9. each year she triples the amount of the previous year 's check. how old will you be when she gives you a check ...
September 11, 2011 by Zach

Macro economics
1)Robert received a $100 gift certificate to a bookstore a year ago. The economy has been in an inflationary period for the last year. This gift certificate is A. not expressed in either real or nominal terms since it is not money. B. adjusted in terms of the CPI. C. expressed...
May 25, 2010 by Sue

Co-operate Finance
As the investment analyst for King breweries you are required to analyze the automated loom system in the Castle larger production line. The old system was purchased 5 years ago for $200,000. It falls in the accelerated cost recovery 5 year class and it has 5 years of ...
March 24, 2015 by Patricia

finance
Tyrone, age 25, expects to retire at age 60. He expects to live until age 90. He anticipates needing $45,000 per year in today’s dollars during retirement. Tyrone can earn a 12% rate of return and he expects inflation to be 4%. How much must Tyrone save, at the beginning of ...
November 7, 2016 by Anonymous

Calculus
f'(x) if x is less than or greater than 1 Let F'(x)={ g'(x) if x>1 Where f'(x)=x/(x^2-2)^2 and g'(x)=3x-4 A. If f(1)=3/2, find f(x) B. If F(x) is continuous at x=1, find g(x). C. Express F(x). D. If F(x) is continuous at x=1, determine if F(x) is differentiable at x=1. It'...
February 13, 2015 by Anonymous

math
One of the advantages of borrowing is that interest is deductible for income tax purposes. a. If a company pays 8 percent interest to borrow $500,000, but is in an income tax bracket that requires it to pay 40 percent income tax, what is the actual net-of-tax interest cost ...
June 4, 2013 by rennie

calculus
You are working as assistant to a major movie producer from Hollywood, but mainly you look after pre-release film publicity. You are an old hand at publicity, having worked in several production companies before. Based on previous experience you have developed a model for the ...
February 24, 2008 by maryam

Finance
Gretta wants to retire in 13 years. At that time she wants to be able to withdraw $12,500 at the end of each 6 months for 10 years. Assume that money can be deposited at 12% per year compounded semiannually. What exact amount will Gretta need in 13 years?
October 20, 2010 by Katie

Business
Thomas Kratzer is the purchasing manager for the headquarters of a large insurance company chain with a central inventory operation. Thomas’s fastest moving inventory item has a demand of 6000 units per year. The cost of each unit is $100.00, and the inventory carrying cost ...
September 20, 2010 by Jackson

math
The price of a home is $120,000. The bank requires a 10% down payment and two points of closing. The cost of the home is financed with 30-year fixed-rate mortgage at 8.5%. Find the total cost of interest over 30 years.
December 2, 2009 by anthony

managerial economics
Andrew construction borrows the entire cost of a new dump truck. The loan has an annual interest rate of 12 percent and calls for monthly payments of $1,000 over a five-year period. What is the cost of the truck?
January 23, 2014 by marvi

COLLEGE ALGEBRA
An investment of $63,000 was made by a business club. The investment was split into three parts and lasted one year. The first part of the investment earned 8% interest, the second 6% and the third 9%. Total interest from the investments was $4950. The interest from the ...
March 24, 2012 by AMBER

COLLEGE ALGEBRA
An investment of $63,000 was made by a business club. The investment was split into three parts and lasted one year. The first part of the investment earned 8% interest, the second 6% and the third 9%. Total interest from the investments was $4950. The interest from the ...
March 25, 2012 by AMBER

7th Grade Math help ASAP only 2 questions
I have absolutely no idea what these questions are. Can you help? And can you tell me how to solve them? thanks. 6. The bill at a restaurant is $58.50, and Mrs. Johnson wants to leave a 15% tip. Approximately how much money should she leave? (1 point) about $15.00 about $9.00 ...
November 14, 2012 by Delilah

Finance Accounting
One of the advantages of borrowing is that interest is deductible for income tax purposes. a. If a company pays 8 percent interest to borrow $500,000, but is in an income tax bracket that requires it to pay 40 percent income tax, what is the actual net-of-tax interest cost ...
June 4, 2013 by rennie

Finance
BH Holding Inc. is considering undertaking a capital project, costing $8 million today. in addition, the project will be installed over the next 2 years, costing $1.0 million at the end of the first year and $0.5 million at the end of the second year. thereafter, the project ...
June 11, 2015 by Stephen

math
how much money should you invest now to have 6000 in 11 years if you invest the money at a rate of 11.1%. compounded semiannually.
July 3, 2011 by nichole

math
how much money should you invest now to have 7000 in 11 years if you invest the money at a rate of 9.3%. compounded semiannually
July 3, 2011 by AJAY

math
how much money should you invest now to have 5000 in 11 years if you invest the money at a rate of 9.4%. compounded semiannually
July 3, 2011 by nichole

Economics
Find the future value one year from now of a $7,000 investment at a 3% annual compound interest rate. Also calculate the future value if the investment is made for 2 yeaars?
August 20, 2012 by CANDICE

business mat
On September 14, Jennifer Rick went to Park Bank to borrow $2,500 at formula9.mml interest. Jennifer plans to repay the loan on January 27. Assume the loan is on ordinary interest. (Use Days in a year table.) a. What interest will Jennifer owe on January 27? (Do not round ...
April 2, 2014 by marie

math
write the exponential function y=71(1.19)^t in the form y=ae^kt. find k accuarate to 4 decimal places. find the exact annual growth rate and the continuous % growth rate accurate to 2 decimal places.
June 27, 2012 by Ariel

math
Assume that you start with $900 per month healthcare increase and add five percent(5%) per year for the two (2) remaining years of a three year contract. Show the cash value and roll-up value of the increase
December 20, 2010 by Rochelle

investing
(Dividend discount Model) Assume RHM is expected to pay a total cash dividend of $56.60 next year and its dividends are expected to grow at a rate of 6% per year forever. Assuming annual dividend payments, what is the current market value of a share of RHM stock if the ...
April 10, 2010 by Faye

statistics
Find the operating characteristics of this system. An airport ticket counter has a service rate of 180 per hour, exponentially distributed, with Poisson arrivals at the rate of 120 per hour
October 10, 2013 by Kyrann

Algebra
Richey Loaner inherited $2105.22 from a not-so-rich uncle. If Richie deposits his money into an account that pays 3% compounded continuously for t years, then the function A(t)=2105.22e^0.03t gives the account balance after t years. (a) Find Richie’s account balance 6 years ...
December 10, 2015 by john

account
For both cases, show what each firm would report in its annual statement of profit and loss and other comprehensive income under the: a)Cash Basis b)Accrual Basis CASE 1 During 2012 Gangnam Marketing earned revenues of $500,000 on account. Gangnam collected $510,000 from the ...
March 25, 2013 by ifi

corporate finance
Suppose that you are now in your final semester of your MBA programme and you are faced with the choice of either getting a job when you graduate or continuing your study for a doctoral degree. Of course, your choice is not purely financial. However, to make an informed ...
April 2, 2012 by ria

MATH
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: Escrow ...
August 12, 2012 by TRAY

Business Law
You are the chief executive officer of Money Games Inc. (MGI), which has begun to market Borrow & Spend, a video game set in the world of finance. To buy ads, MGI borrows 50,000 from First Saving Bank. On MGI’s behalf, you signed a note for the loan and offers its account ...
June 8, 2015 by Tasha

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...
February 6, 2011 by Abigail

Algebra 2
P dollars equals to an interest rate r for T years= T=P+Prt. An investment of $10,000 grew to at least $12,000 in two years, what is the minimum interest rate at which can be invested ? I'm not sure how to set this problem. I thought at first I would substitute the years and ...
October 1, 2011 by Anonymous

Math
Tonya took out a loan to help pay for her house. She borrowed $50,000 for 15 years at a yearly simple interest rate of 5%. How much interest will she end up paying the bank?
April 4, 2012 by Bill

Math
Tonya took out a loan to help pay for her house. She borrowed $50,000 for 15 years at a yearly simple interest rate of 5%. How much interest will she end up paying the bank?
April 1, 2013 by Sanya

Finance
Your consulting firm will produce cash flows of $120,000 this year, and you expect cash flow to keep pace with any increase in the general level of prices. The interest rate currently is 6.4%, and you anticipate inflation of about 2.4%. What is present value for years 1 ...
February 2, 2012 by Keegan

finance
What is the net present value of a project that has an upfront cash outlay of $30,000, and generates cash inflows of $15,000 in year 1, $20,000 in year 2, and $25,000 in year 3 assuming that the company’s cost of capital is 15% per year?
May 20, 2011 by cynthia

Calculus
1) A telephone company has 10,000 phones in a certain city where the basic rate is $4 per month. The officials have evidence that if the charge is reduced the number of phones will increase at an estimated rate of 1,000 phones for each 25 cent reduction. What rate would yield ...
March 21, 2016 by Omar

accounting ..urgent pls
please help me to solve this problem. THANK YOU AND MAY GOD BLESS YOU ALWAYS. L. Carson agrees to pay $10,000 each to to C. Ames and D. Barker for 1/3 of their interest in the Ames-Barker partnership. At the time of the admission of Carson, each partner has a $30,000 capital ...
June 1, 2011 by jessie

engineering
If faucet is dripping at a rate of one drop per second and each drop contains 0.150 milliliters. Calculate how much water will be lost in 1 year.
January 14, 2011 by Maria

Math
in 1626 peter minuit purchase manhattan island for $24. Assuming an exponential rate of inflation of 6% per year, how much will manhattan be worth in 2013 ?
September 8, 2014 by Lall

Math
The inflation rate in the united states in 2014 was about 1.3%. If prices go up by 1.3% per year, how long will it take for them to double? assume that prices are increasing continuously.
March 11, 2015 by Dan

Math
$1000 in a savings bond on the day you were born. The bond pays 6% interest compounded annually. How much is it worth in 18 yrs? I know it earns $60 a yr. but I am lost after that.
April 18, 2012 by Pat

math
your parents invest $500 on each birthday since the day you were born until you're 25. each investment earns 6.4% simple interest. how much will you have on your 25th birthday?
January 14, 2016 by Anonymous

Math
I know some of these are really simple, and I can figure them out easy enough, but please answer all questions. I'm learning this subject, but I have to complete the entire school year within a month and I'm up to my head in homework and I just don't have time to learn this at...
May 8, 2014 by Def

calculus
Suppose you know that a population,P, of termites is growing continuously in an exponential manner. (Use the formant P=P0e^kt) If the pest control service estimates that the number of termites will double in 6 months... A) Determine the monthly continuous population growth ...
September 25, 2013 by Vic

Finance
Please help me out this problem! :) suppose that I buy a 10 yr bond today for $1000 and the interest rate when the bond is issued is 5 percent. the day after I buy the bond, the market interest rate on 10yr bonds rises to 7percent. if I keep the bond for the full 10 yrs until ...
October 9, 2010 by Tony

Calc
Year 1940 1950 1960 1970 1980 Rate of change (million people per year) 29 49 67 76 98 If the population in 1940 were 2158 million and if the population in 1980 were 4846 million, what would be the true total change in population?
July 17, 2014 by Anonymous

math
The effective rate of interest corresponding a nominal rate of 7% p.a. convertible quarterly is:
November 9, 2015 by Haroon Gondal

math
Compute effective rate of interest where nominal rate is 8% compounded quarterly?
November 9, 2015 by Haroon Gondal

FInance
Assignment 2: Lease vs. Buy Your employer, Barnaby Well Company, is considering the acquisition of a new drill truck and your boss has asked you to evaluate the decision that she has made to buy the truck. The truck has a purchase price of $60,000 and a useful life of 4 years ...
November 10, 2012 by Deanna

math
you are looking for a safe place to put 30,000.00 for one yr. Bank A offers 2.46% interest rate continuously. Bank B offers 2.48% quarterly and Bank C offers 2.47% monthly. Find the most effective rate of each to determine which would earn you the most interest at the end of ...
April 2, 2013 by Kat

accounting
On May 31, 2011, James Logan Company had a cash balance per books of $6,781.50. The bank statement from Farmers State Bank on that date showed a balance of $6,404.60. A comparison of the statement with the cash account revealed the following facts. The statement included a ...
October 25, 2010 by vivian

business
On May 31, 2011, James Logan Company had a cash balance per books of $6,781.50. The bank statement from Farmers State Bank on that date showed a balance of $6,404.60. A comparison of the statement with the cash account revealed the following facts. The statement included a ...
October 25, 2010 by vivian

math
On May 31, 2011, James Logan Company had a cash balance per books of $6,781.50. The bank statement from Farmers State Bank on that date showed a balance of $6,404.60. A comparison of the statement with the cash account revealed the following facts. The statement included a ...
October 25, 2010 by vivian

drwls,math
so you are saying that i should label p = 30 i = 0.0125/12 = 0.0010416666666666666666666666666667 n = 12(3) = 36 then plug it into what formula ? Problem: Stereo shack sells a stereo system for $600 down and monthly payments of $30 for the next 3 yrs. In the interest rate is 1...
June 22, 2007 by student

VBA programming
How to get isnumeric function to display an "error" message when necessary. Sub DetermineinterestSelectCase() Dim loan As Variant Dim interest As Double loan = InputBox("Enter your desired loan amount, from 1 dollar to 5 million dollars.") Select Case loan Case IsNumeric(loan...
June 28, 2013 by Matt

math
the lengths of two legs of a right triangle depend on time. One, whose length is x increase at the rate of 5 feet per second, while the other, of length y, decreases at the rate of 6 feet per second. At what rate is the hypotenuse changing when x=3 and y=4? is the hypotenuse ...
November 26, 2012 by Aaron

math
janet earns £400 per week she gets a wage rise of 10% how much does janet earn per week after her rise?
September 14, 2011 by holly

math
Compute the effective rate of interest given the nominal rate of 7 3/8% compounded monthly
November 29, 2010 by Anonymous

math
The effective rate of interest corresponding to a nominal rate 3%p.a payable half yearly is..?
May 19, 2013 by nitu

math
The effective rate of interest corresponding to a nominal rate 3% p.a. payable half yearly is:
November 9, 2015 by Haroon Gondal

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