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Compound Interest
Page 2
Questions (2,334)
$24,000 is invested for 3 years with an APR of 2% and daily compounding. Balance in the account after 3. years is $ ___
4 answers
asked by
Dave
1,149 views
$1280 at 13% compounded annually for 3 years
Find each balance. Use the formula B= p(1+r)n
3 answers
asked by
Ashley
610 views
The table shows the amount of money in a bank account after a certain number of years. What is the initial value?
years: 1 2 3
1 answer
asked by
BRU
175 views
c. Anil invests $3500 in an accout that pays a rate of 2.4% per year compound interest. Calculate the total interest earned at
1 answer
asked anonymously
79 views
Cynthia invests some money in a bank which pays 5% compound interest per year.
She wants it to be worth over £8000 at the end of
1 answer
asked by
Aman
27 views
Ethan deposits dollar sign, 480$480 every month into an account earning an annual interest rate of 4.5%, compounded monthly. How
1 answer
asked anonymously
23 views
By the conditions of a will, the sum of P25,000 is left to a girl to be held in trust by her guardian until it amounts to
7 answers
asked by
Alyanna
12,338 views
An investment of $4000 is deposited into an account in which interest is compounded monthly. Complete the table by filling in
5 answers
asked by
mandy
7,337 views
10. You deposit $520 in an account with 4% interest
compounded monthly. What is the balance in the account after 5 years?
4 answers
asked by
Name
2,097 views
Joe invests $10 000 in a savings account with compound interest x % per annum.
After 5 years, the balance in the account is $11
2 answers
asked anonymously
146 views
Suppose that $6,500 is placed in an account that pays 11% interest compounded each year assume that no withdrawals are made from
2 answers
asked anonymously
167 views
Bongiwe invested a certain amount into a savings account at 6,5% compound
interest per annum. If the final amount is R15 300
2 answers
asked anonymously
115 views
Suppose that $3,500 is placed in an account that pays 3% interest compounded each year assume that no withdrawals are made from
2 answers
asked anonymously
115 views
If the amount of money was invested before 10 years at a rate of 4% per year, compounded quarterly to get 30000birr. Then what
2 answers
asked by
SEIFU ABERRA
145 views
You deposit $4000 in an account earning 5% interest compounded monthly. How much will you have in the account in 5 years?
Use
5 answers
asked by
JESSICA
7,410 views
An oil painting is worth $400. Its value increases by 7% each year(compounded annually)
What is the value of the painting after 6
2 answers
asked by
George
491 views
Suppose that a loan of 6,500 is given at an interest rate of 7% compounded each year assume that no payments are made on the
2 answers
asked anonymously
110 views
Suppose that $3,500 is placed in an account that pays 3% interest compounded each year assume that no withdrawals are made from
2 answers
asked anonymously
124 views
If you invested $1000.00 for 3 years at rate of 5% compound interest, what would be the value of your investment after the term?
2 answers
asked by
sam
65 views
If a person wish to receive 1000 CCU at the end of fifteen years at a return of 6.0% per annum compounded, he would have to save
5 answers
asked by
keshi kumar
1,403 views
Suppose you deposit $100 in an account that earns 0.5% each month. You make no withdrawals from the account and deposit no more
3 answers
asked by
Steph
792 views
how much money is invested at 5% compounded continuously for 3 years will yield $820?
7 answers
asked by
jerson
14,380 views
You deposit $800 in an account that pays 5.5% annual interest compounded
continuously. Find the balance at the end of 5 years.
3 answers
asked by
sofia
1,477 views
nadine -- Please use the Post a New Question link to ask your questions. Don't piggyback on another student's question.
---------
3 answers
asked by
Writeacher
722 views
a $6000 principal earns 8% interest compounded semi annually after 35 years what is the balance
5 answers
asked by
Katelyn
2,352 views
Find the amount of time required to double a dollar investment at 7.72%, if the interest is compounded continuously.
4.49 years
4 answers
asked by
Anonymous
2,201 views
John deposited $1000 on 1st January 2011 in an account paying interest of 12% per annum compounded quaterly. He also deposited
2 answers
asked by
Krishneel
1,010 views
Peter made a deposit of R6000 into his savings account. One year later he made a second deposit of R1000. How much is in his
1 answer
asked by
Tobhi
99 views
Hi, would anyone be willing to help with this. Thanks :)
2. Find the following values: a) An intial $500 compounded for 10 years
4 answers
asked by
perry
1,411 views
1. Find the amount of time required for an investment to double at a rate of 12.3% if the interest is compounded continuously.
MY
4 answers
asked by
Jackie
3,491 views
Charlie takes out a loan of £20,000. It gains compound interest at a rate of 4% per year and he pays it back after 3 years.
Copy
2 answers
asked by
Antony Joseph
133 views
Option 1: Savings account earning 3% interest, that is compounded monthly.
Option 2: Invest in a mutual fund that averages 3%
2 answers
asked anonymously
105 views
Suppose $10,000 is deposited into a savings account earning 2% interest compounded quarterly. Find the balance in the account 5
2 answers
asked by
gaga
116 views
Suppose $13,000 is deposited into a savings account earning 3% interest compounded semi-annually. Find the balance in the
2 answers
asked by
gaga
109 views
An investment pays 8% interest, compounded annually.
a) write an equation that expresses the amount, A, of the investment as a
7 answers
asked by
Jus
2,369 views
You intend to create a college fund for your baby. If you can get an interest rate of 5.3% compounded monthly and want the fund
5 answers
asked by
Doran
854 views
Fiona invested
$ 3000 at 6 % compounded continuously. At the same time, Maria invested $ 3200 at 6 % compounded daily. How long
2 answers
asked by
hhmv
536 views
suppose you put money into teo different bank accounts. In account #1 you deposit $500 and you will be earning 6% interest
6 answers
asked by
Sarah
4,107 views
Jose invests $3,250 at 6% interests compound annually. What will be the balance in the account after 3.5 years
A:$3,932.50
35 answers
asked by
Marlene
4,585 views
if you deposit money today in an account that pays 6.5% annual interest, how long will it take to double your money?
2 answers
asked by
Gene
928 views
You deposit $125.00 in an account earning 4.5% interest compounded monthly. How much money (principle plus interest) do you have
5 answers
asked by
Anonymous
657 views
A young executive deposits $400 at the end of each month for 7 years and then increases the deposits. If the account earns 7.2%,
4 answers
asked by
distressed
881 views
How much interest does $2560 earn in 17 months at a rate of 5 1/8 ?
4 answers
asked by
Clara
1,762 views
A newly couple has $15,000 toward the purchase of a house. For the type and size of house the couple is interested in buying, an
3 answers
asked by
Lillian
1,150 views
John invests $2,975 at 4% interest compounded annually. What will be the balance in the account after 2.5 years?
• $3,272.50
7 answers
asked by
Agala
2,789 views
How much money would you have to invest at 8% compounded semiannually so that the total investment has a value of $2,280 after
2 answers
asked by
Elicia
622 views
Suppose you invest $2,500 in an account bearing interest at the rate of 14% per year. What will the future value of your
2 answers
asked by
Candice
645 views
If $5000 is invested at a rate of 3% interest compounded quarterly, what is the value of the investment in 5 years?
5 answers
asked by
Mike
5,202 views
Suppose Jose borrows $4,000 at an interest rate of 17% compounded each year assume that no payments are made on the loan find
2 answers
asked anonymously
99 views
Suppose that Jose burrows at an interest rate of 17% compounded each year assume that no payments are made on the loan find the
2 answers
asked anonymously
91 views
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