# algebra

posted by .

\$3100 invested on July 19,1991 at 15% interest compounded semi-annually. What is the value in this account on March 30, 2013?

• algebra -

See prev. post.

## Similar Questions

1. ### Algebra

Need help with these 2 please-- 19. Nancy invests \$100 in one account for 10 years at a 9% interest rate compounded annually, and she invests \$150 in an account for 10 years at a 6% interest rate compounded semi-annually. How much …
2. ### Algebra

Need help with these 2 please-- 19. Nancy invests \$100 in one account for 10 years at a 9% interest rate compounded annually, and she invests \$150 in an account for 10 years at a 6% interest rate compounded semi-annually. How much …
3. ### Math

The present value of an annuity due of \$400 payable semi-annually is \$5600. Interest is computed at 6% compounded semi-annually. what are the number of payments?
4. ### Math

On July 1, 1996, Anna invested \$2000 in an account that earned 6%/a compounded monthly. On July 1, 2001, she moved the total amount to a new account that paid 8%/a compounded quarterly. Determine the balance in her new account on January …
5. ### math

Find the balance in an account that has \$700 invested at 5.5% for 4 years compounded semi-annually.
6. ### Algebra

Show how you substitute the values into the formula, then use your calculator. *Use A = P(1+r/n)nt to find the amount of money in an account after t years, compounded n times per year. *Use I = Prt to find the amount of simple interest …
7. ### algebra

\$3100 invested on July 19,1991 at 15% interest. What is the value in this account on March 30, 2013?
8. ### Statistics

Mary has a savings account and is earning 10% annual interest compounded semi-annually. If she deposits \$2,000 in the account every six months for three years, what will the future value of her account be?
9. ### Math: Compounded Interest

A principal of \$200 is invested at 5% interest rate annually. Determine the future value in 3 months' time if compounded: (a) Semi-annually (b) Quarterly
10. ### PRE-CALCULUS

Find the accumulated value of a \$5000 investment which is invested for 8 years at an interest rate of 12% compounded: (a) annually (b) semi-annually (c) quarterly (d) monthly (e) continuou

More Similar Questions