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

Math
Find the accumulated amount A if the principal, P = $3700 is invested at the interest rate r = 7%/year for t = 12.5 years compounded semiannually. Round your answers to two decimal places. a. The accumulated amount is
asked by Jass on October 22, 2016 
algebra
A total of $12,000 is invested in two funds paying 9% and 11% simple interest. If the yearly interest is $1,180, how much of the $12,000 is invested at each rate? We have two unknowns: the amount of money invested at 9% and the
asked by lin on October 6, 2012 
Plz Hel, word problem:)
I have tried hard to solve, but I'm stuck.... Let’s use our knowledge of quadrantic equations to analyze a real world business application. If P dollars is invested at r rate of interest compounded anually t years, then the
asked by Jesee on September 24, 2010 
math
Find the accumulated amount A, if the principal P is invested at an interest rate of r per year for t years. P = $24,000, r = 7%, t = 6, compounded monthly $ ?
asked by Amanda on November 27, 2012 
Math
Your Aunt will give your $1,ooo if you invest it for 10 years in an account that pays 20% interest compounded annually. That is, at the end end of each year your interest will be added to your account and invested at 20%. What
asked by Natalie on August 30, 2006 
math
At the beginning of every year, a man deposited $ 10,000 in a financial institution which paid compound interest at the rate of 20% p.a. He stopped further deposits after three years. The Money remained invested in the financial
asked by kudu please check is it corret? on February 6, 2015 
math
Find the accumulated amount A if the principal P = $3,000 is invested at the interest rate of r = 9% per year for t = 5 years, compounded annually. Please round your answer to the nearest cent.
asked by Anonymous on October 14, 2012 
Algebra
I invested $42,000 in three funds paying 5%, 7%, and 9% simple interest. The total annual interest from these investments was $2,600. The amount of money invested at 5% was $200 less than the amount invested at 7% and 9% combined.
asked by Darrell on April 13, 2011 
Math
(a) Themba wants to deposit a sum of money into a savings account so that he will have R30 000 in 3 years time for an overseas holiday how much money must he deposit into the account if the interest paid on the savings is 8,5% p.a
asked by Lesedi on August 26, 2014 
math
At the beginning of every year, a man deposited $ 10,000 in a financial institution which paid compound interest at the rate of 20% p.a. He stopped further deposits after three years. The Money remained invested in the financial
asked by kudu pls check is this correct on February 5, 2015