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Compound Interest
Page 5
Questions (2,336)
Lee Holmes deposited $16,600 in a new savings account at 9% interest compounded semiannually. At the beginning of year 4, Lee
4 answers
asked by
Lydia
3,014 views
On Abby Ellen's graduation from law school, Abby's uncle, Bull Brady, promised her a gift of $24,000 or $2,400 every quarter for
7 answers
asked by
Maggie Hopkins
2,280 views
You deposit $4000 in an account that pays 8 % interest compounded semiannually. After 2 years, the interest rate is
3 answers
asked by
Jack
490 views
Jenny deposits $867 into an account earning 5.309%, compounded weekly.
(a) What will be her account balance in 14 weeks? (b) How
4 answers
asked by
v
2,346 views
You invest $5000 at 3% compounded monthly for 15 years. How much interest will you earn?
2 answers
asked by
Jenna
525 views
Twenty years ago Gabe invested $2,000. For the first ten years he earned 13% compounded semi-annually. For the next ten years he
2 answers
asked by
ricky
709 views
A trader needs $ 300,000to improve her business, she deposits $ 110000 in her savings account at 5% per annum compound interest.
4 answers
asked by
Ande2
1,361 views
find the accumulated value of an investment of $10000 for 5 years at an interest rate of 5.5% if the money is a. compounded
3 answers
asked by
newlemon
2,852 views
If a bank offers interest at a nominal rate of 6%, how much greater is the effective rate if interest is compounded continuously
5 answers
asked by
Anonymous
646 views
Cassandra bought a dresser for $500. If the value of the dresser increases 6% annually, what will be the value of Cass's dresser
6 answers
asked by
renee
2,434 views
For your 21st birthday, your grandfather offers you a gift of $1000 today.
However, you have the choice of waiting 3 years and
4 answers
asked by
nutz77
2,185 views
Barry Newman's savings account has a balance of $2707. After 4 years, what will the amount of interest be at 5% compounded
4 answers
asked by
Anonymous
1,541 views
Archie deposited $67,013.26 in a savings account earning 3.2% interest, compounded annually. To the nearest cent, how much will
1 answer
asked by
Anonymous
256 views
Eliot opens a savings account with $5,000. He deposits $50 every month into the account that compounds annually and has a 0.95%
3 answers
asked by
|-/
2,091 views
Find the amount of money in an account after 12 years if $1000 is deposited at 5% annual interest compounded quarterly.
2 answers
asked by
Meg
535 views
In order to accumulate enough money for a down payment on a house, a couple deposits $ 688 per month into an account paying 6
1 answer
asked by
shannon
807 views
Hello My teacher skipped over this and I have no clue how to do this or the equations. Help would be wonderful thank you
If 6000
3 answers
asked by
someone
815 views
Sally invests some money at 65/a compounded annually. After 5 years . she takes the principal and interest and reinvests it all
3 answers
asked by
Annie
497 views
Money in a bank account that compounds interest by some percentage acts______.
a. linearly b. exponentially c. negatively d. like
4 answers
asked by
Lily
490 views
Suppose you deposit $2,000 in a savings account that pays interest at an annual rate of 4%. If no money is added or withdrawn
4 answers
asked by
dnf
2,005 views
Jane needs $30,000 to buy another car in eight years. How much should she deposit at the end of each half year into an account
4 answers
asked by
lynn
650 views
Your cousin has just won the lottery and wants to create an account that will have $100,000 in 16 years to help pay for their
2 answers
asked by
Haley
499 views
How long would it take to double your money at 15.86 percent with interest compounded annually?
3 answers
asked by
Katie
1,254 views
Rebecka borrowed $3500, 5000, 3500,& 4500 from her dad on September 1 of each of four successive years for college expenses.
4 answers
asked by
Thara!
549 views
Find the time required for an investment of 5000 dollars to grow to 7900 dollars at an interest rate of 7.5% per year,
4 answers
asked by
Marina
2,492 views
Suppose the price of an item increased by 8% a total of 13 times. By what percent did the price increase in total?
4 answers
asked by
Heather
3,153 views
How much interest is earned on $470 at 4% for seven years?
6 answers
asked by
princess
2,772 views
Mary B deposits $8500 into a savings account, compounded monthly at a nominal interest rate of 9 percent, as part of a savings
2 answers
asked by
Randi
799 views
Calculate the future value of the following:
o $5,000 compounded annually at 6% for 5 years o $5,000 compounded semiannually at
4 answers
asked by
Kim
1,087 views
If you borrow $15,000 from your dad for college and you agree to pay him $25,000 back at 8% compound interest per year. How many
4 answers
asked by
Martin
953 views
It takes 10 years for a $100 monthly bank deposit to amount to $15,528.23 when invested at 5% interest compounded monthly.
5 answers
asked by
Sanderson sisters
657 views
This was originally posted on another student's thread.
Suppose that $2000 is loaned at a rate of 19% ,compounded semiannually.
2 answers
asked by
Ms. Sue
1,078 views
If 7000 dollars is invested in a bank account at an interest rate of 10 per cent per year, find the amount in the bank account
2 answers
asked by
Maddie
899 views
find the compund interest on $2500 for one year at 4% per annum compounded half-yearly.
which of these is correct? $2500(1 +
6 answers
asked by
minerva
1,252 views
It takes 10 years for a $100 monthly bank deposit to amount to $15,528.23 when invested at 5% interest compounded monthly. Round
10 answers
asked by
Anonymus
424 views
Luis has $150,000 in his retirement account at his present company. Because he is assuming a position with another company, Luis
4 answers
asked by
Terri
2,634 views
A car may be purchased with a $3500 down payment now and 72 monthly payments of $480. If interest rate is 12% compounded
4 answers
asked by
Anonymous
2,973 views
It takes 10 years for a $100 monthly bank deposit to amount to $15,528.23 when invested at 5% interest compounded monthly. Round
10 answers
asked by
Anonymus
160 views
a sum of Rs.8000 generates Rs.1261 as compounded interest in 03 years interest compounded annually. The rate of compound
4 answers
asked by
Anonymous
1,981 views
If $5,600 is deposited into an account paying 5% interest compounded annually, how much money is in the account agter 3 years?
4 answers
asked by
kati
1,049 views
Find the final amount of money in an account if $7,500 is deposited at 7 % interest compounded semi-annually and the money is
3 answers
asked by
Me
857 views
Haley won $25,000 in a lottery. She will spend some of her winnings now and
save the rest. The money Haley saves must amount to
3 answers
asked by
weihpgv
563 views
Ruby invested an amount of Rs. 5,800 for 2 years. At what rate of compound interest will she get an amount of Rs. 6394•5 at
5 answers
asked by
sowmya
1,499 views
Rico can invest money at 10%/a compounded quarterly. He would like
$15 000 in 10 years. How much does he need to invest now?
4 answers
asked by
Maame
1,616 views
f $20,000 is invested in a savings account offering 3.5% per year, compounded continuously, how fast is the balance growing
5 answers
asked by
LA
5,044 views
calculate the compound interest on investing $600 for 2 years at 7% per annum
6 answers
asked by
lennox
1,986 views
If you deposit $10,000 in a bank account that pays 10 percent interest annually, how much money will be in your account after 5
6 answers
asked by
baby
3,821 views
How much must be deposited today into the following account in order to have $ 65000 in 7 years for a down payment on a
5 answers
asked by
Matt
2,512 views
At the beginning of the 1974/75 school year a man invested 2000 in a bank at 12and half% compound interest if he with 650 at the
7 answers
asked by
Oshikoya
2,120 views
A fund was established in 2001, whose history is recorded below: Deposit of $1000 on 1/1/2001, Deposit of $2000 on 1/1/2003,
5 answers
asked by
zulfa
220 views
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