MATH HOMEWORK HELP PLEASE ANSWER

posted by .

Lee Holmes deposited $15,000 in a new savings account at 9% interest compounded semiannually. At the beginning of year 4, Lee deposits an additional $40,000 at 9% intrest compounded semiannually. At the end of 6 years, what is the balance in Lee's account?

  • MATH HOMEWORK HELP PLEASE ANSWER -

    Erica invests $10,000 at 5% interest compounded annually.



    How much interest will Erica earn in 3 years

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

  1. math,help

    what formula do i have to use for this problems. Problem #4 John Lee saving account has a balance of $2449.After 7years what will be the amount of interest be at 8% compounded semiannually?
  2. Math

    Lee Holmes deposited $16,600 in a new savings account at 9% interest compounded semiannually. At the beginning of year 4, Lee deposits an additional $41,600 at 9% interest compounded semiannually. At the end of year 6, what is the …
  3. Math

    Lee Holmes deposited $16,600 in a new savings account at 9% interest compounded semiannually. At the beginning of year 4, Lee deposits an additional $41,600 at 9% interest compounded semiannually. At the end of year 6, what is the …
  4. Math

    Lee Holmes deposited $15,000 in a new savings account at 9% interest compounded semiannually. At the beginning of year 4, Lee deposits an additional $40,000 at 9% intrest compounded semiannually. At the end of 6 years, what is the …
  5. math

    Jacob Fonda deposited $25,000 in a savings account at 10% interest compounded semiannually. At the beginning of Year 4, Jacob deposits an additional $40,000 at 10% interest compounded semiannually. At the end of six years, what is …
  6. Business Math

    Shelley Katz deposited $30,000 in a savings account at 5% interest compounded semiannually. At the beginning of year 4, Shelley deposits an additional $80,000 at 5% interest compounded semiannually. At the end of 6 years, what is the …
  7. math

    Jacob Fonda deposited $25,000 in a savings account at 10% interest compounded semiannually. At the beginning of Year 4, Jacob deposits an additional $40,000 at 10% interest compounded semiannually. At the end of six years, what is …
  8. Business Math

    Lee Holmes deposited $ 15,000 in a new savings account at 9% interest compounded semiannually, At the beginning of year 4, Lee deposites an additional $40000 at 9% interest compounded semiannually. At the end of the 6 years what is …
  9. Business Math

    1. Lee Holmes deposited $16,700 in a new savings account at 6% interest compounded semiannually. At the beginning of year 4, Lee deposits an additional $41,700 at 6% interest compounded semiannually. At the end of year 6, what is the …
  10. math

    A depositor opens a new savings account with $ 8000 at 8 % compounded semiannually. At the beginning of year 3​, an additional ​$6000 is deposited. At the end of four ​years, what is the balance in the​ account?

More Similar Questions