
 👍 0
 👎 0

 👍 0
 👎 0
posted by Anonymous
Respond to this Question
Similar Questions

SS
How often do banks calculate interests on accounts with simple interest? daily weekly monthly yearly yearly?
asked by Anonymous on January 31, 2014 
SS
How often do banks calculate interests on accounts with simple interest? A.daily B.weekly C.monthly D.yearly My lesson says that interest can be calculated daily, weekly, monthly, or yearly.
asked by Anonymous on January 31, 2014 
math
This problem has to do with exponential models. The question says, you deposit $1600 in a bank account. Find the balance after 3 years for each of the following situations. The first one says: 1. The account pays 2.5% annual
asked by Cecilia on March 9, 2008 
Investing
Interest of 12% per year compounded monthly is roughly equivalent to an interest rate of 12.68% per year compunded yearly when using the formula: A=p(1+r/n)^nt If you solve the problem the two are equal; how can you derive 12.68%
asked by Viktor on March 27, 2008 
Math
Use the digits of your birthday as the amount of your initial investment (i.e., 6/25 is $625), calculate the value of this investment after 10 years at 3.5% APR for interest compounded yearly, quarterly, monthly, and daily. What
asked by Otrava on July 18, 2017 
Math
Use the digits of your birthday as the amount of your initial investment (i.e., 6/25 is $625), calculate the value of this investment after 10 years at 3.5% APR for interest compounded yearly, quarterly, monthly, and daily. What
asked by Abe on October 23, 2016 
Math
Larry Mitchell invested part of his $27,000 advance at 5% annual simple interest and the rest at 2% annual simple interest. If his total yearly interest from both accounts was $720â€‹, find the amount invested at each rate
asked by Jimmy on November 8, 2017 
algebra
Melinda invested three times as much money at 9% yearly interest as she did at 7%. her total yearly interest from the two investments was 170$ How much did she invest at each rate Thanks !!
asked by Jacob on April 24, 2011 
algebra
Larry Mitchel invested part of his $32,000 advance at 7% annual simple interest and the rest at 6% annual simple interest. If this total yearly interest from both accounts was $2,050, find the amount invested at each. The amount
asked by lisa on August 27, 2014 
Math
Constance invested $4500 for 3 years in a savings account paying simple interest with a yearly interest rate of 3.5%. How much simple interest did she earn? Please show your work :)
asked by Kathy on November 15, 2017