business finance
posted by elh009 .
If i invested 10,000.00 in a bank CD that pays a 6% annual interest. How much will the CD be worth at the end of five years
Respond to this Question
Similar Questions

math
Eric deposted $32,000 in a savings account to save for his children's college education. The bank pays 8% taxdeferred interest per year compounded quarterly. How much will his account be worth at the end of 18 years? 
Finance
You deposit a single amount of $50,000 in a savings account that pays 7.6% annual interest (compounded quarterly). How much will you have at the end of four and a half years? 
Business Finance
George Wilkins checked the spreadsheet where he keeps track of his assets and liabilities. He discovered that (i) he owes $80,000 on his house, which he believes to be worth $150,000; (ii) his car is worth $20,000, against which there … 
matlab
One bank pays 5.5 percent annual interest, while a second bank pays 4.5 percent annual interest. Determine how much longer it will take to accumulate at least $50 000 in the second bank account if you deposit $1000 initially and $1000 … 
Math
How much money should be invested at an annual interest rate of 6.2% compounded continuously, to be worth at least $58,000 after 13 years. 
Finance
Your friend claims that he invested $5,000 seven years ago and that this investment is worth $38,700 today. For this to be true, what annual rate of return did he have to earn? 
Finance
calculate the future value of $5,000, given that it will be held in the bank for five years and earn an annual interest rate of 6% 
FInance
Assume that you have $10,000 which you plan to invest for 3 years. How much more would you have if you invested the funds at 10% with annual compound interest versus 10% with simple interest? 
Calculus  Compound Interest
Recently, a certain bank offered a 10year CD that earns 8.93% compounded continuously. a) If $20,000 is invested in this CD, how much will it be worth in 10 years? 
MTH 157
A company will need $50,000 in five years for a new addition.To meet this goal the company deposits the money in an account today that pays 4% annual interest compounded quarterly. Find the amount that should be invested to total $50,000 …