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Compound Interest
Page 7
Questions (2,336)
Suppose you put $2000 in a savings account at an APR of 8% compounded quarterly. Fill in the table below. (Calculate the
4 answers
asked by
Erin
4,801 views
Dan deposited
$4000 into an account with 4.8% interest, compounded monthly. Assuming that no withdrawals are made, how much will
4 answers
asked by
Juan
2,076 views
If an amount of x dollars is invested at 3% interest compounded continuously, and at the end of 6 years the value of the
4 answers
asked by
kyle
986 views
Stereo Inc. sells a stereo system for $300 down and monthly payments of $40 for the next 2 years. If the interest rate is 3.25%
4 answers
asked by
Kris
1,764 views
To find the amount A in an account after t years with principal P and an annual interest rate r compounded continuously, you can
4 answers
asked by
angie
3,575 views
You deposit $2200 in an account that pays 3% annual interest. After 15 years, you withdraw the money, what is the balance if the
3 answers
asked by
katie
3,227 views
Determine how much time is required for an investment to quadruple if interest is earned at a rate of 7.1% compounded
4 answers
asked by
Dee
759 views
You have 700 dollars in your bank account. Suppose your money is compounded every month at a rate of 0.5 percent per month.
(a)
4 answers
asked by
Anonymous
1,647 views
Angela invests $2,550 at 3% interest compounded annually. What will be the balance in the account after 1.5 years?
(1 point)
3 answers
asked by
unknown Emo freak
120 views
Calculate the length of time for #800000 to earn # 15000 if invested at 10% per annum
4 answers
asked by
Faridah musa
180 views
How much would you need to deposit in an account each month in order to have $20,000 in the account in 5 years? Assume the
4 answers
asked by
Laila
1,265 views
Questions 1-5. Bryan invests $500 in an account earning 4% interest that compounds annually. If he makes no additional deposits
3 answers
asked by
Leah
1,235 views
At the birth of a baby, a couple decides to make an initial investment of C at the rate of 7% compounded annually so that the
4 answers
asked by
Sophia
676 views
A depositor opens a new savings account with $ 8000 at 8 % compounded semiannually. At the beginning of year 3, an additional
4 answers
asked by
Laurie
799 views
In 1974, Johnny Miller won 8 tournaments on the PGA tour and accumulated $353,022 in official season earnings. In 1999, Tiger
4 answers
asked by
Ashton
735 views
Fred North owns Redlands Farms, a successful strawberry farm. The strawberry plants increase at a compound rate of 12% each
4 answers
asked by
Tee
927 views
The amount to which $5,000 would grow in ten years at 6% compounded semiannually.
4 answers
asked by
Lilly
1,078 views
If $3000 is deposited at the end of each half year in an account that earns 6.2% compounded semiannually, how long will it be
4 answers
asked by
yeah
1,353 views
Alison deposits $500 into a new savings account that earns 5 percent interest compounded annually. If Alison makes no additional
4 answers
asked by
Kerrie
2,703 views
You rent an apartment that costs \$900$900 per month during the first year, but the rent is set to go up 7.5% per year. What
3 answers
asked by
Anonymous
682 views
Suppose you deposit $1000 in an account paying 3% annual intrest, compounded continuously. Use A=Pe^rt to find the balance after
5 answers
asked by
Andrea
927 views
at the beginning of the 1974/1975 year,a man invented 2,000 naira a bank at 12 and half percentage compound interest.if he
3 answers
asked by
Daniel
346 views
Find the amount of money in an account after 7 years if $4700 is deposited at 7% annual interest compounded quarterly.
3 answers
asked by
Kira
1,018 views
Sofia invested $360 in an account in the year 2005, and the value has been growing exponentially at a constant rate. The value
3 answers
asked by
patrick
1,290 views
Find the interest earned for an investment if the accumulated amount at the end of 6 years is RM 2,412.66 and the interest rate
3 answers
asked by
chun
788 views
If $400 is invested at an interest rate of 5.5% per year, find the amount of the investment at the end of 12 years for the
3 answers
asked by
Anonymous
1,161 views
Complete the table for a savings account in which interest is compounded continuously. (Round your answers to four decimal
4 answers
asked by
madison
4,475 views
Find the final amount of money in an account if $2,600 is deposited at 4% interest compounded annually and the money is left for
4 answers
asked by
Pek
3,421 views
Determine the rate percent per annum if Rs6250 amounts to Rs6760 in six months interest being compounded quarterly.
3 answers
asked by
ana
517 views
Suppose that
$2000 is invested at a rate of 5.1% , compounded semiannually. Assuming that no withdrawals are made, find the total
4 answers
asked by
keena
2,111 views
Can anybody show me step by step pls?
A man invests $3000 in an account that pays 7.5% interest per year, compounded quarterly.
4 answers
asked by
alice
1,038 views
Calvin deposits $400 in a savings account that accrues 5% interest compounded monthly. After c years, Calvin has $658.80.
3 answers
asked by
Anonymous
2,657 views
suppose you invest a certain amount of money n an account that pays 11% interest annually, and 4000 more than that in an account
3 answers
asked by
Anonymous
1,371 views
If $3800 is invested in a savings account for which interest is compounded quarterly, and if the $3800 turns into $4300 in 2
5 answers
asked by
pamela
3,733 views
If a nurse deposits $2,000 today in a bank account and the interest is compounded annually at 10 percent, what will be the value
3 answers
asked by
April
758 views
calculate the compound interest on an investment of $45,000 at 6% interest compounded quarterly fro 3 years
3 answers
asked by
artyst
2,063 views
Determine how much money will be in a savings account if the initial deposit was $1000 and the interest rate is 4% compounded
3 answers
asked by
Lee Hatchett
972 views
suppose that $5000 is invested in an account with APR of 12% compounded monthly. find the future value of the account in 5
4 answers
asked by
Abb
745 views
Each year, Eric invests $2500 at 8.2%/a compounded annually for 25 years.
a) Calculate the value of each of the first four
3 answers
asked by
Maame
871 views
on the day Rachel was born, her grandparents deposited $ 500 into a savings account that earns 4.8%/a compounded monthly . They
3 answers
asked by
Annie
1,775 views
You deposit $1000 in an account that pays 8% interest compounded semiannually. After 2 years, the interest rate is increased to
3 answers
asked by
Kelly
1,707 views
The number of customers that visit a local small business is 51,200 and has been continuously declining at a rate of 3.8% each
4 answers
asked by
Anonymous
2,334 views
Using the present value formula
you deposit $12,000 in an account that pays 6.5% interest compounded quarterly. A. find the
4 answers
asked by
marie
1,671 views
a kind benefactor sets up a prize in an international school. the benefactor donates $10 000. the school invests the money in an
4 answers
asked by
Anonymous
526 views
Larry has $2600 to invest and needs $3000 in 11 years. What annual rate of return will he need to get in order to accomplish his
3 answers
asked by
Brad
1,791 views
Suppose that $2500 is invested at an interest rate of 2.5% per year, compounded continuously. After how many years will the
3 answers
asked by
Travis
2,613 views
Use the compound interest formula
$18,000 is invested in an account paying 3% interest compounded quarterly. Find the amount of
4 answers
asked by
Jacinta
961 views
What lump sum was deposited first in a bank that offers a 5% interest compounded monthly to be able to withdraw 4605 birr per
3 answers
asked by
zulfa
205 views
Compound Interest
Find the amount of money gained from an investment of $4800 for 3 years at 12% per annum
2 answers
asked by
tgwt
236 views
Write an algorithm to calculate compound interest
4 answers
asked by
Anonymous
1,786 views
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