# Bus Math

posted by .

i need to earn 61000 over 5 years. at 6% interest semiannually what is my first deposit?

## Similar Questions

1. ### Math

If you deposit \$900 semiannually in a bank which pays 6% interest compounded semiannually and make no more deposits after 7 years, what is the balance in the account 8 yrs. later from the last deposit?
2. ### math

rodney opens a saving account and deposits 3000 dollars. the saving account earn 5% yearly simple terest. If rodney does not deposit any additional money into the account, how much compound interest did she earn over all 3 years
3. ### 1630

Mr X deposit \$3000 at the end of each semiannual period for 21 years at 8% interest compounded semiannually.Find the amout will have on deposit?
4. ### math

how much would adam have to deposit in a saving account to earn 100 dollars in interest over 4 years at 5% simple annual interest rate.
5. ### math

you are going to open a certificate of deposit \$500 for 3 years with 2% interest. another bank offers a CD in which you must deposit \$250 for 4 years with 3% interest. Which CD will earn more interest.
6. ### Math

You deposit \$10,000 in an account earning 5% interest, compounded semi-monthly (twice a month). You plan to leave the account untouched for 25 years. How much interest will you earn over the 25 years?
7. ### math. compounding interest

regina deposits 3500 in a savings account that pays 7 1/2 % interest , compounded semiannually. how much interest does the account earn in the first 6 months?
8. ### math

You deposit \$10,000 in an account earning 3% interest, compounded semi-monthly (twice a month). You plan to leave the account untouched for 25 years. How much interest will you earn over the 25 years?