math

posted by .

a 10 year cd paying 8% interest per year that she opened exactly 10 years ago with a 35000 deposit

  • math -

    35000(1.08)^10

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

  1. Math

    Betsy, a recent retiree, requires $6000 per year in extra income. She has $47,000 to invest and can invest in B-rated bonds paying 15% per year or in a Certificate of Deposit (CD) paying 6% per year. How much money should be invested …
  2. math(Please help)

    Betsy, a recent retiree, requires $6,000 per year in extra income. She has $70,000 to invest and can invest in B-rated bonds paying 17% per year or in a CD paying 7% per year. How much money should be invested in each to realize exactly …
  3. Math(Please help)

    Betsy, a recent retiree, requires $6,000 per year in extra income. She has $70,000 to invest and can invest in B-rated bonds paying 17% per year or in a CD paying 7% per year. How much money should be invested in each to realize exactly …
  4. Math

    Betsy, a recent retiree, requires $6,000 per year in extra income. She has $60,000 to invest and can invest in B-rated bonds paying 13% per year or in a certificate of deposit (CD) paying 3% per year. How much money should be invested …
  5. pre algebra 6th grade

    Tara's bank account contains $250.00. She made only one deposit exactly one year ago. The bank account pays a simple interest rate of 8%. How much money did Tara deposit in the account one year ago?
  6. COLLEGE ALGEBRA

    Sue, a recent retiree, requires $6,000 per year in extra income. She has $50,000 to invest and can invest in B-rated bonds paying 15% per year or in a certificate of deposit (CD) paying 7% per year. How much money should be invested …
  7. bussiness fianace.

    • You deposit $5,000 into a 3-year certificate of deposit account that pays an annual compound interest of 3.0%. When the CD period is up, you roll the entire balance over into another 3-year CD paying 3.5%. How much will you have …
  8. Finance - Annuities

    Natasha plans to deposit $4,000 per year in her account for each of the next 4 years. Thereafter, she expects to deposit $1,500 per year for another 4 years. All deposits are made at year-end. Interest rates are expected to be 8 percent …
  9. algebra

    Tom invests $10,000 into two accounts, one paying 2% interest per year and the other paying 5% interest per year. He invested 3 times as much in the account paying 5% than in the account paying 2%. how much interest will he ear in …
  10. Math

    Please Help!!!! I do not understand and if someone could help that would be great! Thanks !! Problem #1: Find the total amount if you deposit $500 at a rate of 5% for two years using simple interest. Year 1 Year 2 Problem #2: Find …

More Similar Questions