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Compound Interest Calculation
Page 2
Questions (215)
Joanie takes a $6000 loan to pay for her car. The interest rate on the loan is 12%. She makes no payments for 4 years, but has
2 answers
asked by
Cassie
1,321 views
Brayton wants to invest his high school earnings for the next 7 years. He deposits $1,500 into an investment account at the
2 answers
asked anonymously
90 views
Show how R725 000.00 after payment value R719 512.34 for 10 months was calculated
1 answer
asked by
Zama dladla
57 views
If $2500 is deposited at the end of each quarter in an account that earns 5% compounded quarterly, after how many quarters will
1 answer
asked by
Anna
81 views
A property owner has several rental units and wants to build more. How much of each month’s rental income should be deposited
1 answer
asked by
Anna
77 views
If you invest an initial amount to grow by 200% at a 10% annual interest rate, compounded monthly; how many years until your
2 answers
asked by
Kayla
83 views
Kelly plans to put her graduation money into an account and leave it there for 4 years while she goes to college. She receives
2 answers
asked by
Anthony
554 views
You have 4 different investment options
4% interest 7% compound continuously 19% annually 5% every month You have 1000 dollars
2 answers
asked by
charlie
511 views
Jennifer just turned 23 and can save $500 per quarter, starting in three months. If Jennifer can earn 7% compounded quarterly,
1 answer
asked by
Heyhi
456 views
Dana invests $8,000 into her son college fund when he is born. The college fund earns 3% interest and is compounded daily. What
2 answers
asked by
Eliana
799 views
Jack has $6,000 invested in a bank that pays 3% annually. How long will it take for his funds to double?
1 answer
asked by
Anonymous
379 views
Deposit $300 each month into an account earning 7% interest compounded monthly.
How much total money will you put into the
4 answers
asked by
Anonymous
1,464 views
I can only put away $2,000 a year. I am 25 and plan on retiring at 65 and earning 5%. How much will I have in 40 years?
3 answers
asked by
sil
1,345 views
How much should be invested now at 7.55% compounded annually to have $46,000 in 12 years?
3 answers
asked by
Anonymous
400 views
Wendy wants $15,000 saved in 6 years to make a down payment on a house. How much money should she invest now at 4.65% compounded
1 answer
asked by
Anonymous
389 views
FIND THE COMPOUND INTEREST OF 1400 IN 4YEARS AT 3% PER ANNUM
1 answer
asked by
Anonymous
366 views
You choose to invest your $3,560 income tax refund check (rather than spend it!) in an account earning 5% compounded
1 answer
asked by
Anonymous
447 views
You can save $ 1,500 each year in saving account that pays 4% interes quarterly. How much will you have in 5 year? What if
1 answer
asked by
Ronny santos
409 views
Find the balance on an account if you invest $100 at 5% for 10 years compounded monthly.
2 answers
asked by
julie
914 views
Assume that you are 23 years old and that you place $3,000 year-end deposits each year into a stock index fund that earns an
2 answers
asked by
Maria
597 views
deposits $1,000 now, $2,000 2 years from now, and $5,000 5 years from now into a fund paying 12% compounded semiannually.
a. What
1 answer
asked by
sss
518 views
Anny invests $3,000, at 6% interest, compounded monthly for 1 year. Use Table 11-1 to calculate the compound amount for her
2 answers
asked by
reva
532 views
find the compound interest on rupees 1000 at rate of 10% per annum compounded anually for 3 years
1 answer
asked by
cbse 8th
378 views
24.) For the case shown in the following table, the future value of the single cash flow deposited today at the end of the
1 answer
asked by
Student5
455 views
As a savings plan for college, when their son Bob was born, the Wilburs deposited $10,000 in an account paying 8% compounded
2 answers
asked by
gia
816 views
Brayton wants to invest his high school earnings for the next 7 years. He deposits $1,500 into an investment account at the
3 answers
asked anonymously
80 views
An investment of $2,000 is earning interest at the rate of 6.2% compounded quarterly over 5 years. Approximately how much
3 answers
asked by
tiffany roberts
838 views
$800 at 5 1/2% annual interest, compound semiannually, for 7 years
1 answer
asked by
frankie
421 views
If you save $250 each year for the next 20 years, how much money would you have if you earned 9%?
2 answers
asked by
BRIANNA
683 views
If Mrs. Smith lives to age 88 (she is now retiring at 65 years) what annual APR will result in the 420000 reaching a balance of
1 answer
asked by
corporate finance
381 views
Natasha plans to deposit $4,000 per year in her account for each of the next 4
years. Thereafter, she expects to deposit $1,500
3 answers
asked by
Niki
670 views
compute the amount of compound interest earned in 1 year for an investment of 1,000,000 with a nominal interest rate of 8%
1 answer
asked by
jess
390 views
Jimmy wants to buy a jeep in 5 years. If his bank pays 12% interest compounded annually, what must jimmy deposit today to have
1 answer
asked by
Geia
408 views
3. Joe and Sue invested $2000 at Bank America in 1995, at 6% compounded quarterly. In the year 2000
they moved to another city
2 answers
asked by
lynda
849 views
Using the new table factor calculate the compound amount for $10,000 investment
1 answer
asked by
Nicole
287 views
What initial investment would I have to make at 6% per year compounded semi-annually in order to end up with $1,000,000 in 29
2 answers
asked by
Madeline
882 views
Bobby needs to save $10,000 for school in the next two years. He found a bank that offers a 10% interest rate compounded
2 answers
asked by
Wendy
490 views
13. Bob and Joy Salkind want to save $50,000 in 5 ½ years for home improvement projects. If the Bank of Aventura is paying 8%
1 answer
asked by
Anonymous
350 views
Quinn and Julius inherited $50,000 each from their great-grandmother’s estate. Quinn invested her money in a 5-year CD paying
3 answers
asked by
Tee
1,147 views
What is $33,800 at 3.5% compounded semiannually for 5 years?
1 answer
asked by
Bardroy
283 views
Joe Jan wants to receive $22,000 each year for the next 22 years. Assume a 6% interest rate compounded annually. How much must
1 answer
asked by
D Johnson
965 views
Diane contributes $625 at the end of each month to retirement fund. For the past 10 years this fund has earned 3.84% a year.
1 answer
asked by
Najee
410 views
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
1 answer
asked by
jason
334 views
What will $10,000,000 be in 12 years if it earns 7% and you add $5,000 at the beginning of every month?
1 answer
asked by
mary
268 views
How long would it take from 3000 to get to 8000 at 8% interest at compounded quarterly?
1 answer
asked by
Anthony
320 views
A $2,000 deposit at an APR of 5.4% with quarterly compounding for 8 years. The amount after 8 years ?? I need to find what the
4 answers
asked by
Tommy
423 views
A self-employed person deposit $3000 annually into a retirement account that earns 8% interest. How much will he have in 25
1 answer
asked by
Anonymous
474 views
what is the principle investment ? you have $1728.34 compounded daily at 3.4% and its invested for 9 years
2 answers
asked by
Michelle
981 views
how much money should i invest at 8.2% compounded continuously if i wish to have $100,000 in 5 years?
1 answer
asked by
Alyssa
396 views
in an account that has 500 dollars and has an interest rate of 7.5% annually after 18 years would be what
3 answers
asked by
paul
324 views
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