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February 19, 2017

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

Number of results: 50,838

math
Use the TVM Solver to calculate the amount you should make in monthly payments into an investment account if you want to have $1,000,000 in 60 years. The account pays 3.9% interest compunded monthly and you will make an intial investment of $25,000
May 19, 2016 by sam

math
a factory increases the production of cars annually by 8% if presently it manufactures 211000 cars per year, how many cars will it manufacture per year after 4 yrs. I believe the answer is 287,063 but I need to know the formula
November 7, 2010 by paully

economic
The owner of a manufacturing plant borrows $170,000 to buy new robotic equipment for the plant. The loan is to be repaid over 17 years in equal quarterly payments at 4% annual interest with no payments for the first year (interest does accrue the first year). How much will the...
February 7, 2016 by aryona

math
A sum of money invested at compound interest amounts to Rs.4,624 in 2 years and to Rs.4,913 in 3 years. The sum of money is:
November 9, 2015 by Haroon Gondal

Programming Logic and Design
This is my 3rd time posting this problem because I didn't get any help before...assistance would be appreciated. Create the logic for a program that calculates and displays the amount of money you would have if you invested $3000 at 2.65 percent interest for one year. Create a...
August 15, 2014 by Lauren

math
Mr. Chang and his wife together had an unpaid balance of $500 on their credit cards for one month. THe bank that issued Mr. Chang's credit card charges an intrest rate of 1.25% a month and his wife's interest is 1.5 per month. If the total interest finance charge was $6.75 how...
February 14, 2010 by Mary

Consumer Math
Will you please check my answers? 1. Mary Stevens earns $6 an hour at her job and is entitled to time-and-a-half for overtime, and double time on holidays. Last week she worked 40 hours of regular time, 6 1/2 hours of overtime, and 8 hours of holiday time. How much did she ...
January 14, 2013 by Macy

Math
Determine whether f is continuous at x=c in the function. Use the 3 conditions of continuity to justify your answer. f(x) = x-1/x+1 c=-1 My answer is not continuous. Am I correct?
May 1, 2010 by Abbey(Please help)

accounting
Harris Fabrics computes its predetermined overhead rate annually on the basis of direct labor-hours. At the beginning of the year, it estimated that 20,000 direct labor-hours would be required for the period? estimated level of production. The company also estimated $94,000 of...
February 27, 2016 by sandra

math
jessica borrow$9000 from the bank to purchase a used car.the bank has given her an interest rate of 7.5%annually for a period of 2 1/2 year what is the total amount she will have to pay back at the end of the loan A)$1687.50 b)$9,000 c)$10,687.50 D)$16,875
January 12, 2010 by makeeda

math
Suppose payments were made at the end of each month into an ordinary annuity earning interest at the rate of 8%/year compounded monthly. If the future value of the annuity after 14 yr is $70,000, what was the size of each payment? (Round your answer to the nearest cent.)
May 9, 2012 by Kristen

math %
I loaned Johnnie $5000.00 to be repaid $250.00 monthly loan past due nothing was every paid / interest rate is 10% what does johnnie owe me loaned year 2010 now it is Oct 2012?
October 24, 2012 by treasure roy

financial alg
Forrest purchased a car for $20,640. He made a down payment of $2,440. He applied for a five-year installment loan with an interest rate of 10.4%. What is the total cost of the car after five years?
May 12, 2013 by Janae

Finance
Interest rates on 2-year Treasury securities are currently 5.00%, while 5-year Treasury securities yield 10.00%. If the pure expectations theory is correct, what does the market believe that 3-year securities will be yielding 2 years from now?
October 5, 2014 by Morgan

English
Can you please check these sentences for me? Thank you. 1) If I won 2 million Euros at the lottery, I would transfer part of the money on(to) my bank account and invest it (in state bonds/government securities) 2)I would buy myself a house in the mountains and one at the ...
March 21, 2011 by Mike

Math
$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
August 9, 2012 by Trina

Math
3. In the small country of Varia, a bill becomes law only if of the senators approve it. What percentage is ? (1 point) 53% 58% 68% 88% 4. Write the percent 96.55% as a decimal. (1 point) 9655 965.5 0.9655 9.655 5. Liam wants to buy a bicycle that costs $290.00. His parents ...
December 6, 2012 by Jane

math
the normal work load of the members of an operation, maintenance and repair group is forty hours per week. it employs 75 persons. and each is scheduled for two weeks vacation per year. what is the total amount of time worked by this group in a year?
October 13, 2014 by milton

Find the rate of change
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 ...
April 17, 2013 by Emily

statistics please help!
A total of 8,000 dollars is invested at anunual interest rate of 1%. Find the balance after 1.5 years, if the interest is compounded annually. using A=p(1+r/n)^nt
April 12, 2010 by mark

finance
If you invested $1000 today at a rate of 5% for five years, and periodically you withdrew the interest earned, what type of interest is calculated for during the term of the investment?
May 1, 2011 by kay

Algebra 2
What simple interest rate will Susan need to secure to make $2,500 in interest on a $10,000 principal over 5 years? how would i figure this out?
June 28, 2012 by Anonymous

Math Personal Finance
Assume a 30-month CD purchased for 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

math
Sally has a balance of $2845 on her credit card. What rate of simple interest is she being charged if she must pay $26.19 interest for the 12 days her payment is late?
April 17, 2015 by Gina

Finance
Assume a 30-month CD purchased for pays simple interest at an annual rate of 5.5%. 1. How much total interest does it earn? 2. What is the balance at maturity? (2 decimal places)
June 20, 2015 by Anonymous

Pre calc
Bo has $800 that he wants to turn into $1100 in 5 years. If interest is compounded daily, calculate the interest rate he would need to make this happen.
November 12, 2015 by Mike

math models
Martin invested $6,500 in a bank at a simple interest rate of 6.5%. How much interest would he receive after 4 years? Use I=PRT
October 6, 2016 by heidi

gtuc
1. WRITE A PROGRAM TO CALCULATRE THE AREA OF A RECTANGLE OF LENGTH =5 CM AND BREADTH=8CM. 2. CALCULATE THE PRICE OF AN ITEM COSTING 100 GHANA CEDIS AFTER A DISCOUNT OF 10% IS APPLIED TO IT. 3. WRITE A PROGRAM TO CALCULATE THE SIMPLE INTEREST ON A LOAN AMONUT OF 50000 GHANA ...
February 26, 2016 by jojo

Math
Find how much money there will be in the account after the given number of years. Principle $8500 Rate 4% Coumpounded quarterly Time 4 yeats A=8500(1+.04/4)raised to 40th power A=8500(1.01)raised to 40th power I am stuck here, how do you raise to the 40th power
August 27, 2011 by Shay

Business Math ( Future ordinary Annuities)
Howard has deposited RM1000 at the end of each month into a retirement savings plan for the last 10 years in his working life. His deposits earned an interest rate of 2.5% per month for the first 4 years and 3% per month for the rest of the years. What is the accumulated value...
December 10, 2016 by Tracy

Math
Find the amount of interest and the monthly payment for the loan. Purchase a living room set for $3,600 at 12% add-on interest for 2 years. (Round your monthly payment to the nearest cent.) $_____ interest $_____ per month
December 4, 2012 by Ms Jackie

accounting
Accounting 103 ScrawnyOcean2290 asked Dominic Hunter, a second-year business student at the University of Utah, will graduate in two years with an accounting major and a Spanish minor. Hunter is trying to decide where to work this summer. He has two choices: work full-time for...
August 5, 2012 by dal

Criminal Justice/Judicial Process
While legal experts recommend a felony caseload of no more than __________ per attorney per year, some attorneys represent upwards of 1,000 indigent defendants in any given year. A. 200 B. 100 C. 150 D. 50 I think it's A, but not sure
February 8, 2015 by Pat

algebra
Please double check my answers? If they're wrong can you explain how to do it right? My math book doesn't have examples for all of these scenarios and I really don't want to fail this assignment. I don't normally look for help online, but I'm kinda desperate. When I couldn't ...
September 5, 2012 by Mittens

Math- double check me please
In a shipment of 1200 parts, 60 were found to be defective. What percent of the parts were faulty? a.60 b. 1200 c what percent d. shipment answer:a Ms. Jefferson has been given a loan of 20,000 for a 1 year. If the interest charged is $800, what is the interest rate on the ...
March 28, 2008 by Sherrie

Math
Shantle and Kwamie are planning to buy their first home. Although they are excited about the prospect of being homeowners, they are also a little frightened. A mortgage payment for the next 30 years sounds like a huge commitment. They visited a few developments and scanned the...
July 9, 2014 by Chol

Math
A car dealer will sell you a used car for $6,664 with $664 down and payments of $174.50 per month for 48 months, what is the simple interest rate?
May 25, 2012 by Linda

Algebra
A car dealer will sell you a used car for 5,107 with 107 down and payments of $152.92 per month for 48 months. What is the simple interest rate?
August 3, 2012 by Tammie

Math
Mary borrows €8,500 for three years at an interest rate of 4.5% per annum.if she makes no repayments,how much will she owe at the end of the three years?
April 17, 2016 by Keeva

Maths Compound Interest
In a experiment the count of bacteria was increasing at the rate of 2.5% per hour. Initially, the count was 512000.Find the bacteria at the end of 2 hours?
August 19, 2016 by Vivek

Pre Calculus 1
thirty percent of a radioactive substance decays in four years. assuming the decay is exponential, find the half life of the substance. the beginning of 1975 the population of a country was 40 million and growing at a rate of 3% per year. Assume that the growth is exponential...
November 18, 2015 by Yasmine

English
I have a last question.It's urgent. While I was getting ready for school, my mum made/was making breakfast for me. I think I should you the past continuous in both cases because the two actions are continuous.
May 1, 2011 by Henry1

math
Value of a new car depreciates at a rate of 12% per year. Approximately how many years will it take until the car is worth $2300?
March 16, 2013 by Hasane

math
A certain amount earns 10percent interest compounded annually .What is the minimum number of years(in integers) it takes to double the amount ??
March 8, 2012 by Anonymous

math
. A certain amount earns 10percent interest compounded annually .What is the minimum number of years(in integers) it takes to double the amount ??
March 8, 2012 by Anonymous

Business Finance
Vandalay Industries is considering the purchase of a new machine for the production of latex. Machine A costs $2,190,000 and will last for 7 years. Variable costs are 38 percent of sales, and fixed costs are $122,000 per year. Machine B costs $4,530,000 and will last for 11 ...
December 4, 2010 by Leigh

algebra
An annuity pays 7300 dollars on January 1 of each year, starting on January 1, 2000. If 16 payments are made and the effective rate of interest is 8.5 percent, what is the present value of the annuity on January 1, 1999?
November 14, 2011 by Anonymous

Finance
Say that you purchase a house for $270,000 by getting a mortgage for $235,000 and paying a $35,000 down payment. If you get a 15-year mortgage with a 8 percent interest rate, what are the monthly payments?
February 27, 2012 by Brittany

Math
Julia deposited 1/2 her paycheck in her savings account and 1/4of it in her checking account. She spent $22.76 of it on a T-shirt and then spent 1/4 of what was left of her paycheck on lunch. When she arrived home, she had $16.68 of her paycheck left. How much money did Julia ...
July 14, 2015 by Hi

Math app
farmer Linton wants to find the best time to take her hogs to market. The current price is 88cents per pound, and her hogs weigh an average of 90 pounds. the hogs gain 5 pounds per week, and the market price for hogs is falling each week by 2 cents per pound. How many weeks ...
February 11, 2011 by anonymous

7th grade math quick please
Mrs. Miller sells a house for $179,000. If she earns a commission of 6%, how much money does she earn? Write a proportion and show your work.
November 14, 2012 by Delilah

Simple Interest & Maturity Value
On September 7, Jennifer Rick went to Park Bank to borrow $3,200 at 11 2/3% interest. Jennifer plans to repay the loan on January 5. Assume the loan is on ordinary interest (ordinary interest uses 360 days a year). Solving for: 1. interest Jennifer will owe on January 5 2. the...
February 16, 2012 by Angie

Business Math
You can lease a $17,000 car for $500 per month. For how long (to the nearest year) should you lease the car so that your monthly payments are lower than if you were purchasing it with an 7%-per-year loan?
May 24, 2016 by lita

Environmental Science
India’s prime minister puts you in charge of that nation’s population policy. India has a population growth rate of 1.6% per year, a TFR of 2.7, a 49% rate of contraceptive use, and a population that is 71% rural. What policy steps would you recommend, and why? What do ...
September 28, 2014 by Aly

finance
You want to have $2 million in real dollars in an account when you retire in 30 years. The nominal return on your investment is 8 percent and the inflation rate is 5.3 percent. What real amount must you deposit each year to achieve your goal? (Do not round intermediate ...
March 14, 2015 by jake

math
A business is taking alon to buy equipment. the loan is 40,000, set at 4% interest and will be paid off in 12 years. the bank wants to save the business money by calculatine the interst on a Remainin-Balance basis in case he pays it off early The annual paymentis assumed to be...
November 26, 2012 by Susan

Finance/Algebra
Suppose you bought an 8% coupon bond one year ago for $1090.00. The bond sells for $1063.00 today. Assuming a $1000 face value, what was ur total dollar return over the past year? What was the nominal rate of return over the past year? And, if inflation was 3%, what was ur ...
May 18, 2010 by Sunny

Finance
Bond with $1000 par value and a contract interest rate of 10.8%. Bonds current market rate is $1123 and matures in 10 years. Marginal tax rate is 34%. What is the cost of capital from this bond debt?
February 21, 2013 by Rob

MATH
Use the following time value of money tables to answer the following questions. Assume that the annual rate of interest is 6% for each of the four following problems. i = 6% Time Periods (n) Future Value of 1 Present Value of 1 Future Value of an Annuity Present Value of an ...
September 26, 2015 by MARISSA

finance
28. Ag Silver Mining, Inc. has $500,000 of earnings before interest and taxes at the year end. Interest expenses for the year were $10,000. The firm expects to distribute $100,000 in dividends. Calculate the earnings after taxes for the firm assuming a 40 percent tax on ...
January 11, 2012 by Vanessa

finance
28. Ag Silver Mining, Inc. has $500,000 of earnings before interest and taxes at the year end. Interest expenses for the year were $10,000. The firm expects to distribute $100,000 in dividends. Calculate the earnings after taxes for the firm assuming a 40 percent tax on ...
January 12, 2012 by Vanessa

finance
28. Ag Silver Mining, Inc. has $500,000 of earnings before interest and taxes at the year end. Interest expenses for the year were $10,000. The firm expects to distribute $100,000 in dividends. Calculate the earnings after taxes for the firm assuming a 40 percent tax on ...
January 12, 2012 by Vanessa

Finance
Ag Silver Mining, Inc. has $500,000 of earnings before interest and taxes at the year end. Interest expenses for the year were $10,000. The firm expects to distribute $100,000 in dividends. Calculate the earnings after taxes for the firm assuming a 40 percent tax on ordinary ...
January 12, 2012 by Vanessa

Finance
28. Ag Silver Mining, Inc. has $500,000 of earnings before interest and taxes at the year end. Interest expenses for the year were $10,000. The firm expects to distribute $100,000 in dividends. Calculate the earnings after taxes for the firm assuming a 40 percent tax on ...
January 12, 2012 by Sasha

Finance
Ag Silver Mining, Inc. has $500,000 of earnings before interest and taxes at the year end. Interest expenses for the year were $10,000. The firm expects to distribute $100,000 in dividends. Calculate the earnings after taxes for the firm assuming a 40 percent tax on ordinary ...
January 13, 2012 by Vanessa

finance
Your company will generate $45,000 in cash flow each year for the next nine years from a new information database. The computer system needed to set up the database costs $260,000. Assume you can borrow the money to buy the computer system at 8.25 percent annual interest.
October 1, 2012 by Anonymous

math
jake put $ 600 in the bank for 4 years at 2.5% interest a) how much interest will he earn after three years b) what is the total amount in his bank account at the end of three years
May 11, 2010 by pranathy

Macroeconomics
Consider the following data: The money supply in $1 trillion, the price level equals 2, and real GDP is $5 trillion in base-year dollars. What is the income velocity of money?
December 2, 2012 by Karla

Maths
adnan bought 96 eggs at the rate of Rs.40 per dozen and sold at the rate of Rs.4 per egg.find the percentage of profit,if 3 eggs were rotten.
October 13, 2016 by Rahim shah

Math
Suppose that the number of bacteria in a certain population increases according to an exponential growth model. A sample of 2600 bacteria selected from this population reached the size of 2873 bacteria in two and a half hours. Find the continuous growth rate per hour. Write ...
February 21, 2011 by Rachal

science
An average human heart rate is 70 beats per minute. How many times it beats over 70 year lifetime? use scientific notation. 365 = the number of days in a year 70 years /1 * 365 days / year = 25,550 25,550/1 * 24 hours/ day = 613,200 613,200/1 * 60 minutes/ hour =36,792,000 70 ...
September 2, 2007 by Tammy

math
or each month jack works he earns an increase or raise of $. 05 on his hourly pay if he has already worked for three months, which shows his 4th month's hourly rate in terms of his first month's hourly rate?
January 31, 2012 by dani

ALGEBRA
An investment of $93,000 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 earned 6% and the third 9%. total interest from the investments was $7110. The interest from...
March 30, 2012 by XOCHIL

Algebra
Need to get these problems checked-- 21. Suppose inflation of money is at a rate of 3% per year in the US. How much will a $1 candy bar cost in 30 years? 1.03^30 * 1= $2.43 22. Find the next 3 terms of the geometric sequence 4, 10, 25. 125, 625, 3125? ..Not sure about this. 23...
June 17, 2010 by mysterychicken

biology
some species of insects e.g butterflies, are found in greater numbers at certain times of the year. Suggest 3 reasons to account for changes in population numbers throughout a year. fully explain each reason
January 18, 2010 by reka

Algebra
Suppose the estimated quadratic model Yt = 500 + 20 t - t2 is the best-fitting trend of sales of XYZ Inc. using data for the past twenty years (t = 1, 2,.., 20). Which statement is incorrect? A. The trend was higher in year 10 than in year 20. B. Latest year sales are no ...
August 30, 2010 by BC

math
austin invests 4500 with first national bank at 5 1/4% simple interest. how much interest does austin earn after one year?
April 8, 2010 by michele

math- urgent help
For the following scenario, develop an equation and a set of 5 ordered pairs for equation: 1. the amount a sales person earns is a flat rate plus commission. 2. the volume of fuel in a snowmobiles tank related the distance travelled. 3. the cost of a hotel room is a flat fee ...
March 5, 2015 by tj

Compound Interest
Payments of $1,800 and $2,400 were 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 monthy thereafter. What amount was owed on the loan after ...
August 2, 2009 by Sat

Ecology
For low density sea otter populations in the North Pacific Ocean, the overall annual per capita birth rate (b) is about 0.7 and the death rate is about 0.5. Birth rate is not density-dependent but death rate is density-dependent, such that d’ = d+cN (where N = number of ...
April 21, 2016 by Anonymous

word problem
An investment of $93,000 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 earned 6% and the third 9%. total interest from the investments was $7110. The interest from...
March 30, 2012 by XOCHIL

College Math - Quantitative Reasoning
Hello, I could really use some help with this problem. If the national economy shrank at an annual rate of 7​% per year for three consecutive​ years, then the economy shrank by 21​% over the three​-year period. - Of course, I understand 7% would be 93. I have tried ...
January 16, 2017 by Emily

Ecology (Ms.Sue)
.   If the birthrate is 10 per 1,000 and the death rate is 10 per 1,000, then the growth rate is    A. 10% B. 20%. C. 0%. D.100%. My best choice would be C.0%.
August 27, 2015 by Brooklyn

Math
The price of a home is $185,000. A down payment of 10% is required with 2 points at the time of closing. The home is financed over a 25 year period with a fixed rate of 4.5%. Find the monthly payment and total interest paid?
March 5, 2013 by Stacey

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

economic
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

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

algebra
my scenario, to start a small business you will need a loan of $50.000 to purchase the restaurant. The bank interest rate 9% that compounds monthly for 7 years. What is the monthly payment for this loan, what is the fomula that you will use and the values for each variable to ...
November 12, 2012 by Becky

proper mathematics
Linda borrows 4000 from his father to go on a trip to Kenya.he will have to pay the money back in 10 years time.his father will charge him a simple interest rate of 4% p.a.how much will Linda have to repay after 10 years?
February 16, 2015 by perseverance smith

Economics/ Interest Rate
Let's consider a three-month U.S. government bond. The interest rate on these loans is very low because it includes only two of the five components. Which two components of the interest rate are most important for a three-month T-bond?? -Positive rate of time preference -...
June 14, 2007 by John

Linear Programming
Finco must determine how much investment and debtto undertake during the next year. Each dollar invested reduces the NPV of the company by 10¢, and each dollar of debt increases the NPV by 50¢ (due to deductibility of interest payments). Finco can invest at most $1 ...
May 14, 2012 by ama

Compound Interest!
Two payments of $10,000 and $12,000 must be made 1 year and 4 years from now. If money can earn 9% compounded monthly, what single payment 2 years from now would be equivalent to the two scheduled payments?
March 26, 2010 by Thara!

Finance
What is the 1 year operating cash flow? Sales $33,000 Depreciation $10,000 Other operating costs $17,000 Interest expense $4,000 Tax rate 35%
April 28, 2010 by John B

Econ
Need help on this question, I tried the ones i know. a The consumption function is C = 1.5 + 0.75(Y-T). What is the marginal propensity to consume, MPC? What is the marginal propensity to save, MPS? ans: MPC=0.75 and MPS=1-MPC=0.25 correct? b The trade balance is TB = 5(1-[1/E...
July 21, 2008 by Bo

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
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
John has two part time jobs. He works no more than 40 hours per week. He earns $6 per hour from the first job and $8 per hour from the second job. To cover his expenses, he needs to earn at lease $210 per week. Which of the following system of linear inequalities shows the ...
May 14, 2012 by Shadia

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

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