MATH
posted by ROSE .
DANIEL HAS A MONEY MARKET ACCOUNT WITH %1,200. THE BANK OFFERED HIM A SPECIAL RATE OF 5.25% PER MONTH. HOW MUCH MONEY WILL DANIEL HAVE AFTER THE FIRST MONTH?
Respond to this Question
Similar Questions

math
daniel has a money market account with $1200.the bank offered him a special rate of 5.25%per month.how much money will he have after the first month? 
math
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) How much do you have after t years. (b) How much do you have after 100 months 
math
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) How much do you have after t years. (b) How much do you have after 100 months 
math
danny has a money market account with $1,200. the bank offered him a special rate of 5.25% per month. how much money will danny have after the first month 
Finite Mathematics
Jessica wants to accumulate $14,000 by the end of 5 yr in a special bank account, which she had opened for this purpose. To achieve this goal, Jessica plans to deposit a fixed sum of money into the account at the end of the month over … 
math
2. Susan has a bank account in Bank of America. She takes out 600 dollars a month for rent. 3 month later, she has $3,200. What is the linear equation that describes Susanâ€™s situation? 
algerbra
Daniel and Ethan raise money for a charity one week. Daniel donates $125.25 of the amount he raises. Ethan raises $20 less and decides to donate only 25th of the money this week. Together they donate $187.51 this week. How much money … 
Math
Tuition for one year at a state university is about $13,000. Devon would like to attend this university and will save money each month for the next 4 years. His parents will give him$5,200 for his first year of tuition. Which plan … 
math
Blair opens his investment account with $500. He loses $15.45 the first month, and then gains $35.68 the second month. If his net gain after 3 months is $40, how much money did he gain in the 3rd month? 
Math
Mark put $3290 into a bank that offered 3% interest rate compounded monthly. Mark kept the money in this account for 9 years and then moved all this money to a new account that offered 6% interest rate compounded weekly. Do not round …