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May 30, 2016

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

Number of results: 47,660

Math
Anne now has a balance of $900 on her credit card, on which 1.5% interest per month is charged. Assume that she makes no further purchases or payments (and that the credit card company doesn't turn her account over to a bill collector). (a) Find the rule of the function g that...
November 6, 2010 by Anonymous

Finance
Silva Motors just paid a dividend of $2, i.e., D0 = $2.00. The dividend is expected to grow by 100% during Year 1, by 50% during Year 2, and then at a constant rate of 5% thereafter. If Silva's required rate of return is rs = 12%, what is the value of the stock today?
February 22, 2015 by evett

Finance
Dr. Whitten has decided to purchase equipment that has a cost of $60,000 and will produce a pretax net cash inflow of $30,000 per year over its estimated useful life of six years. The equipment will have no salvage value and will be depreciated by the straight-line method. The...
July 27, 2011 by Juliette

financial planning
future vakue of wise buying if a perso saves $63 a month by using coupons and doing comparison shopping whai is the amount for a year, what would be the future value of this annual amount over 20 years assuming and interest rate of 4 percent
May 23, 2013 by garaline

accounting
I have figured this out I just want to make sure I am correct in my answers. 1.On January 2, 2007, A company issued $100,000 of 5%, 10 year bonds. The bonds will mature in ten years. The bonds were sold for for 95% (or .95 of par) and will pay interest semi-annually, or twice ...
October 8, 2011 by Renee

compounded interest
calculate the future value of an investment of $8,500 if it is to be invested for 9 years at an interest rate of 6.1%, compounded quarterly.
November 13, 2010 by tom

8th grade
warren is going to use the $26,200 in his savings account to buy a new car. The car he plans to buy costs $24,244.33 plus sales tax, which is 4 1/4%(fractions (0.0425). How much money will warren have in his account after buying the car and paying the sales tax?
April 23, 2010 by cat

MATH
A car dealer will sell you a used car for $5,430 with $430 down and payments of $183.06 per month for 36 months. What is the simple interest rate? (Round each answer to the nearest tenth.) PLEASE HELP!
November 5, 2011 by JONATHAN

business math
Bill's monthly payment is $1,056 per month. The principal is $100,000 at a rate of 12 1/2 percent for 35 years. The amount of interest for Bill's 1st payment is $1,011.67. True False
December 8, 2013 by tina

finance: retirement planning
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 ...
September 11, 2012 by Anonymous

Math
Bank A is offering an interest rate of 6.60% compounded monthly, while bank B is offering an interest rate of 6.67% compounded quarterly. The effective rate offered by bank A =?%, while the effective rate offered by bank B = ?%.
March 27, 2011 by Tracy

Math
How much less interest is earned at 6% simple interest for 5 years on a $10,000 investment than a 6% rate compounded daily for 5 years?
October 15, 2009 by Anonymous

math
A $1500 investments has an annual simple interest rate of 7%. Find the simple interest earned on the investment after 18 months.
May 23, 2012 by miss c

Simple interest math
How many years will it take to double an investment if the annual simple interest rate is 5.3%? Round to the nearest 10th.
October 19, 2015 by Kate

Math
marisol owed $384 in interest after a 24 month loan with a simple interest rate of 8.09%. What was the initial amount of the loan?
February 24, 2016 by Alexa

math
I need to calculate the effective interest rate of a simple discount note $21,750 at an ordinary bank discount rate of 7.91% for 120 days find the effective rate
May 25, 2015 by Anoymous

Algebra
I am not sure how to solve this problem. Could someone please help and explain the proper steps. Determine the annual net cost if the Annual interest of 2.5% is paid if the balance exceeds $750, $8 monthly fee if the account falls below minimum balance $815, account falls ...
August 6, 2013 by Tricia

Math - Finance
Product A This product will take 2 years to develop, at a cost of $100,000 in the first year (Yr 0) and $50,000 in the second. Revenue (benefits) in subsequent years is expected to be $100,000 per year. Product B This product will only take a year (Yr 0) to develop, at a cost ...
September 21, 2013 by gboy- Help please

Calculus
1. In a certain country, the percentage of the population relocating to a new town is given by the following function: p(t) = 20.6e^-0,009t,where 0 _< t _< 52. Time is zero (t = 0) corresponds to the year 1960. 1. Find the rate at which people relocated during the year ...
April 8, 2013 by Deeno

Calculus
1. In a certain country, the percentage of the population relocating to a new town is given by the following function: p(t) = 20.6e^-0,009t,where 0 _< t _< 52. Time is zero (t = 0) corresponds to the year 1960. 1. Find the rate at which people relocated during the year ...
April 8, 2013 by Deeno

Calculus
1. In a certain country, the percentage of the population relocating to a new town is given by the following function: p(t) = 20.6e^-0,009t,where 0 t 52. Time is zero (t = 0) corresponds to the year 1960. 1. Find the rate at which people relocated during the year of your...
April 9, 2013 by Wiz

Calculus
1. In a certain country, the percentage of the population relocating to a new town is given by the following function: p(t) = 20.6e^-0,009t,where 0 t 52. Time is zero (t = 0) corresponds to the year 1960. 1. Find the rate at which people relocated during the year of your...
April 9, 2013 by Wiz

math
Country A has a growth rate of 2.1% per year. The population is currently 5,747,000 and the land area of Country A is 36,000,000,000 square yards. Assuming this growth rate continues and is exponential, after how long will there be one person for every square yard of land.This...
July 5, 2015 by Leslie

Math
A commuter has 245 dollars in his commuter savings account. this account changes by -15 dollars each week he buys a ticket. In one time period, the account charged by -240 dollars. For how many weeks did the commuter buy tickets How much must he add to his account if he wants ...
December 10, 2015 by Lily

math
Jim opened an account with $400. The account pays three percent quarterly. How much is in the account at the end of two years?
February 1, 2012 by help please help!!!

Math 111
Suppose that $5000 is invested in an account with an account with an APR of 12% compounded monthly. Find the future value of the account in 5 years.
April 24, 2013 by Charlotte

business maths
an inverstment of 35000 is made for 5 years at 6% interest rate.find its compound interest and compound amount if it is compounded quartely.
May 26, 2011 by rose.m

arithmetic
An investment of $2,000 is earning interest at the rate of 6.2% compounded quarterly over 5 years. Approximately how much interest is earned on the investment?
March 21, 2014 by tiffany roberts

Math
Find the effective rate of interest (APR) for a loan with a loan amount of $6,300, a time of 270 days, and interest of $685.13. a. 14.5% b. 6.5% c. 9.3% d. 12.3%
April 21, 2015 by Matt

Math
$500 at 6% interest after 90 days would be $507.50 in an account. Right? Yes
February 27, 2007 by Logan--Check this Please

interest
Find the balance on an account if you invest $100 at 5% for 10 years compounded annually.
April 17, 2016 by julie

interest
Find the balance on an account if you invest $100 at 5% for 10 years compounded monthly.
April 17, 2016 by julie

College Personal Finance
Annual interest of 6.0% paid if balance exceeds $900, $12 monthly fee if account falls below minimum balance, average monthly balance $1,135, account falls below $900 during 2 months. Round the answer to the nearest cent.
February 6, 2012 by Kendra

College Algebra
f(x)=3.1(x+19 1.Decribe the graph be obtained using transformations of the square root function. First, vertically stretch the graph of f (x) = by the factor 3.1; then shift the results up 19 units. 2.Determine how to tell the model describes the actual height of a four year...
January 14, 2011 by Brad

computer programming
a car rental company uses the following table to help compute rental fees . Chevrolet $50.00 , corvette 85.00 , Pontiac 53.00 , Buick 60.00 , Oldsmobile 60.00 , Cadillac 70.00 (Rate per Day) . Rate per Mile .27 , .45 , .32 , .32 , .35 , .40 . It have to be in a C++ language
March 26, 2015 by Marsha

Math
compound and interest Using the below values please calculate the amount accumulated (future value) *Initial principal=$2000 *Interest Rate=9% *Number of years 7 *Monthly compounding
April 13, 2011 by John

Math
compound and interest Using the below values please calculate the amount accumulated (future value) *Initial principal=$2000 *Interest Rate=9% *Number of years 7 *Monthly compounding
April 13, 2011 by George

Math
compound and interest Using the below values please calculate the amount accumulated (future value) *Initial principal=$2000 *Interest Rate=9% *Number of years 7 *Monthly compounding
April 14, 2011 by John

math
Nazir saved $900 to buy a plasma tv, he borrowed the rest at an interest rate of 18%/a compounded monthy, 2 years later he paid $ 1420.50 for the principal and the interest, how much did the tv originally cost
January 11, 2012 by Annie

math/finance
Assume that you are considering the purchase of a 30-year, noncallable bond with an annual coupon rate of 8.5%. The bond has a face value of $1,000, and it makes semiannual interest payments. If you require an 7.4% yield to maturity on this investment, what is the maximum ...
September 22, 2012 by eric

Finance
What is the effective annual rate on a certificate of deposit that promises to pay interest at a 6.6 percent rate, compounded monthly?
February 2, 2011 by Finance

math
How to find the interst rate on an investment of 3000 after four years received 4105.71. What is the interest rate
April 23, 2014 by CD

Business financing
If you sign a simple discount note for $2500 at a bank rate for 7%, for 3 months, what is the effective interest rate?
April 3, 2016 by Ashton

Finance
Consider a risky portfolio. The end-of-year cash flow derived from the portfolio will be either $70,000 or $200,000 with equal probabilities of 0.5. The alternative risk-free investment in T-bills pays 6 percent per year. a) If you require a risk premium of 12 percent, how ...
September 30, 2008 by Blake

Fianace
A 10-year bond has a coupon rate of 7% anually and a principal payment of $1,000.00. Other similar bonds are paying 9% annually. To determine the value of this bond you must find the interest factors, IF. at: A. 9% for 10 periods B. 9% for 20 periods C. 4.5% for 20 periods d. ...
October 30, 2013 by Michelle

math
Product A This product will take 2 years to develop, at a cost of $100,000 in the first year (Yr 0) and $50,000 in the second. Revenue (benefits) in subsequent years is expected to be $100,000 per year. Product B This product will only take a year (Yr 0) to develop, at a cost ...
May 27, 2015 by gagan

math
Product A This product will take 2 years to develop, at a cost of $100,000 in the first year (Yr 0) and $50,000 in the second. Revenue (benefits) in subsequent years is expected to be $100,000 per year. Product B This product will only take a year (Yr 0) to develop, at a cost ...
October 8, 2015 by leanne

algebra
Find the simple interest earned on an investment of $4,000 was $216. Find the interest rate.
September 14, 2011 by Tranesha

Maths
Max works 7 hours per day monday to friday and 3 hours per day in the weekend. He does this for 48 weeks of the year. How many hours does he work in total for the year?
February 26, 2009 by Jessica

Math
Jungle Jim owes three debts: $500 due in one year plus interest at 6% compounded semi-annually, $2000 due in two years, $1000 due in three years plus interest at 5% compounded monthly. He wishes to discharge these debts by paying $500 now and two equal but unknown payments in ...
January 20, 2014 by Anonymous

math
Jungle Jim owes three debts: $500 due in one year plus interest at 6% compounded semi-annually, $2000 due in two years, $1000 due in three years plus interest at 5% compounded monthly. He wishes to discharge these debts by paying $500 now and two equal but unknown payments in ...
March 14, 2014 by MathHelp

Math
Tom and Lana both need $15,000 in 3 years. Tom finds an investment in which he can earn 8% compounded annually. Lana finds an investment in which she earns 7 7/8% interest compounded monthly. Who must invest more money now in order to get $15,000 in 3 years? How much more? ___...
April 13, 2014 by Missy

Finance
Year Cash Flow 1 $695,000 2 876,250 3 1,057,500 4 1,238,750 5 1,420,000 1. Calculate the IRR and NPV of this project utilizing a 12% discount rate and a 15% cap rate. Ms. Brown was able to secure a loan for $1,540,000, and an equity investor agreed to invest the remaining $660...
July 19, 2010 by Quentin

Algebra (I think)
Bruce earns 1.5 times his normal hourly rate for each hour he works after 40 hours in a week. He worked 53 hours this week and earned $833. What is his normal hourly rate?
May 28, 2011 by Someone AWESOME (who rocks!)

Math
At the South Pole there is no sunshine for 182 days every year, and at the North pole the same applies for 176 days per year. What total would you have if you were to combine these two figures. A 359 days a year B 358 days a year C 357 days a year D 335 days a year I think B ...
September 2, 2011 by Nicci

Math
Ms.Sue would you mind checking my work? ----------------------------------------- Paulo has $145 his saving account. He earns $36 a week mowing lawns. If Paulo saves all of his earnings, after how many weeks will he have $433 saved? My answer~ 8 weeks
January 8, 2014 by Anonymous

7th grade math
1. Evan withdrew a total of $160 from an ATM machine over a 4-day period. He withdrew the same amount of money each day. a. Write an expression to represent the total amount that Evan's account changed each day. Ans: 4d b. What integer represents the total amount that Evan's ...
March 24, 2015 by Alexis

accounting
I am attempting to study for an exam for tomorrow and cannot figure out the equity method entries up to 2006 for this problem, can someone please help! Parent Corporation owns 80% of Subsidiary Corporation’s outstanding common stock that was purchased at book value and fair ...
April 5, 2010 by Bob

math
a total of $5000 is invested at 2%, 3%, and 4%. the amount invested at 4% is equal to 2% and 3% combined together. the total interest gained for 1 year is $145. find the amount invested at each rate.
February 10, 2015 by vince

business Maths
On September 14, Jennifer Rick went to Park Bank to borrow $2,500 at interest. Jennifer plans to repay the loan on January 27. Assume the loan is on ordinary interest. Refer to Days in a year table. (a) What interest will Jennifer owe on January 27? (Use 360 days a year. Do ...
April 23, 2012 by Ekanki

calculas
Suppose the temperature at 12:00 noon is increasing at an (instantaneous) rate of 3 degrees F. per hour. What is the rate of change of the temperature in degrees C. per hour. Hint: The relationship between degrees F. and degrees C. is linear, zero (0) degrees C equals 32 ...
April 29, 2010 by Anonymous

math
each week jacob earns 30 dollers jacob saves 3 5ths of his money weekly how much does he save each week
May 6, 2010 by christian

calculus
the demand for a certain type of auto tire is given by x=f(p) 50(1+e^-p/60). a)if the weekly quantity demanded is 60000 tires find the price? b)if the current price is $120 per tire and is increasing at a rate of $2 per week, what is the rate of change of the demand per week? ...
April 20, 2013 by anonymous

Finance
Brand advertising is offered a 3/10 net 40 trade discount by its supplier. In the past Brand has been able to get away with paying for supplies on credit in 60days. since it doesnt have money on hand to take advantage of discount, it tries to negotiate a loan with portland ...
July 19, 2015 by Donna Claire

algebra
The formula I=PRT gives the amount of simple interest I earned by principal P at an annual interest rate R over T years. Solve this formula for P.
October 13, 2009 by Jenai

Math
The computer club invested $2200, part at 4.5% interest and the rest at 7%. The total annuel interest earned was $144. How much was invested at each rate?
December 17, 2009 by Sandy

business math
you deposit $1000 for 4 years at an interest rate of 2% if the interest is compounded quarterly how much would you have at the end of the fours years
January 30, 2013 by Shed

Finane
The possibility that the fed may raise the discount rate is an example of A. Political Risk B. Exchange rate risk c. interest rate risk d. liquid risk
October 31, 2013 by Michelle

Exp. Growth + Decay (HELP ME PLEASE!)
1. Suppose you invest $1,000 in a CD that is compounded continuosly at the rate of 5% annually. What is the value of this investment after one year? two years? five years? A=1000(e^(.5x1)) = 1648.72 A=1000(e^(.5x2)) = 2718.28 A=1000(e^(.5x5)) = 12182.49 2. A colony bacteria ...
March 1, 2009 by Chopsticks

math
The tooal amount of interest on a loan of 6,000 for 150 days is 210.50.using the ordinary interest(360 days)method,what is the rate of interest on the loan.Round off answer to the nearest hundredth. I think it is 8.42% Darrell owns a consulting business and has an estimated ...
January 9, 2011 by jon

algebra
50,000 is the amount of a loan needed to purchase a restaurant location. After researching to find the best interest rate, you find that banks for small business offer the best interest rate at 9% compounded monthly for 7 years. After making a monthly payment of $804.45 ...
November 7, 2011 by Missy

ALegbra
If an apartment complex will need painting in 3 1/2 years and the job will cost $25,000, what amount needs to be deposited into an account now in order to have the necessary funds? The account pays 8% interest compounded semiannually. (a) State the type of the problem. future ...
May 16, 2014 by Mary Ann

Finance
24.) For the case shown in the following table, the future value of the single cash flow deposited today at the end of the deposit period if the interest is compounded annually at the rate specified equals Single Cash Flow $27,000 Deposit Period (years) 20 Interest Rate 11% a...
October 23, 2014 by Student5

Economics
Are these accurate? 2)The manager of All City realtors wants to hire some real estate agents to specialize in selling housing units acquired by the Resolution Trust Commission (RTC) in its attempt to bail out the savings and loan industry. The commission paid by RTC to the ...
July 22, 2009 by TrickyEconomics

Finance, Economics
A small vessel (this means 10 year life) was purchased by a chemical company for $55,000 and is to be depreciated by MACRS depreciation. When its requirements changed suddenly, the chemical company leased the vessel to an oil company for 6 years at $10,000 per year. The lease ...
May 12, 2011 by Katy Marshall

Calculus
1. In a certain country, the percentage of the population relocating to a new town is given by the following function: p(t) = 20.6e^-0,009t,where 0 _< t _< 52. Time is zero (t = 0) corresponds to the year 1960. 1. Find the rate at which people relocated during the year ...
April 9, 2013 by Deeno

algebra
Mr. Miller says, Plan on a quarter pound of hamburger per person." There are 21 people in the class, including Mr. Miller and us." How much money should be collected for the cost of each burger in each student? if Hamburger Meat: $1.49 per pound ( limit: 5 pounds per customer...
December 2, 2010 by regina

Math Calculous
Q = 16.8*10^-0.22t Give the starting value a, the growth rate r, and the continuous growth rate k. Exact answer for a, Round the answer for r and k to two decimal places a = 16.8 r = 10 k = -22% Can someone check my answer? I do not think the values for r and K are correct. I ...
October 3, 2014 by Tobi

MATh
Kesha dove from Buffalo to Syracuse at an average rate of 48miles per hour. On the return trip along the same road she was able to travel at an average rate of 60 miles per hour.The trip from Buffalo to Syracuse took one- half hour longer than the return trip. How long did the...
October 13, 2011 by Tiffany

math
sally's cell phone company charges a flat rate of $15.00 per month and $0.12 per minute. eduardo's cell phone company charges a flat rate of $18.00 per month and $0.09 per minute. how many minutes would you have to use for the price to be the same for both plans?
May 18, 2016 by alex

xacc 280
I just need an example What increases the Asset account, a debit or a credit? What decreases the Asset account, a debit or a credit? What is the normal balance of the Asset account, a debit or a credit? Account Changes Account Categories What increases the account? What ...
July 10, 2010 by stacy

Math
Find (a) the exact interest and (b) the ordinary interest. Round answers to the nearest cent Find the discount (ordinary interest) and proceeds on a promissory note for $2,000 made by Barbara Jones on February 10, 2007, and payable to First State Bank on August 10, 2007, with ...
July 5, 2014 by Kgk

Accounting
When you offer services at a discount to specific clients, how do you reflect this discount on the income statement? Is there a contra-revenue account that offsets the true price of the service? I don't believe it is reflected in a catergory by itself. The income statement is ...
July 11, 2006 by Michelle

Math please check answer
The simple interest on a $14,500 loan at 9% interest for 5 years my answer is $301.00 per month
March 10, 2008 by Dameion

SIMPLE INTEREST
In how much time would the simple interest on a certain sum be 0.125 times the principle at 10% per annum?
February 8, 2016 by Karan

Mathematics
My teacher gave us this equation, and I can't remember how to use it. It's for Simple and Compound Interest. Future Value=d[((1+i)^n-1)/i] d=deposit each time period i=rate per time period n=number of time periods
March 8, 2009 by David

finance math
Schell Publishing received a $70,000 promissory note at 12% ordinary interest for 60 days from one of its customers. After 20 days, Schell discounted the note at the bank at a discount rate of 14.5%. The note was made on March 21. What amount of interest did the customer pay?...
December 2, 2013 by Lynda

algebra2
Cassandra starts working for a company for an annual salary of $30,000.If she earns a 2% raise at the end of each year, what will her total earnings be after five years?
April 28, 2014 by Denise

math
at the beginning of the summer, conan had $180 in the bank. each week he deposits another $64 that he earns mowing lawns. is his account balance proportional to the number of week since he started mowing lawns?
January 2, 2013 by melanie

Math
I have 1500 dollars in year 2010 in what year would i reach 2000 dollars at 4% interest?
October 18, 2012 by Rachel

math please explian
I know how to do simple interest on a loan but how would I figure compound interest on a loan $8,000 invested for one year at 6% compounded quarterly ? with rounded to the nearest dollar thanks in advance for explaining :)
January 7, 2008 by keleb

Math
I would like my investment to double in value every 3 years. At what rate of interest would I need to invest it, assuming the interest is compounded continuously?
October 31, 2011 by Brianna

algebra
john borrowed $650 from credit union . interest rate is 7.9% , and takes loan for 6 months . what will be his monthly payment to repay loan plus interest ?
April 23, 2012 by starasia

Math
A student borrowed $19,000 at an annual interest rate of 6.4%. Calculate the amount of interest due 3 months after the student has begin making payments
December 9, 2014 by Bri

math
2. Susan has a bank account in Bank of America. She takes out 600 dollars a month for rent. 3 month later, she has $3,200. What is the linear equation that describes Susans situation? How much did Susan start with in her bank account? How many months will it take for Susan to...
September 29, 2013 by jarron

math
Joey already owns 11 novels, and he can buy additional ones at the rate of 0.83 per dollar. How much money does Joey need to spend on his new novels in order to have a total of 94 novels in his collection?
March 10, 2016 by Anonymous

MATH
IF THE LOAN IS FOR $18000 AND THE INTEREST RATE IS 6.5%. iF THE INTEREST PAID IS $4680.0 HOW MANY MONTHS IS THE LOAN FOR?
April 28, 2015 by kim

Finance
Brand Advertising is offered a 3/10 net 40 trade discount by its supplier. In the past Brand has been able to ger away with paying for supplies on credit in 60 days. Since it doesn't have money on hand to take advantage of the discount, it tries to negotiate a loan with ...
April 14, 2012 by Alison

Finance
A person is considering buying the stock of two home health companies that are similar in all respects except the proportion of earnings paid out in dividends. Both companies are expected to earn $6 per share in the coming year, but company D (for dividends) is expected to pay...
May 7, 2012 by Ashley

Mathematics
using the compound interest formula find the principal that will yield a compound interest of n$410 in 2 years at therate of 5 % per annum
April 15, 2013 by Toni

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