Math Personal Finance
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Math Personal Finance
A friend tells you that her savings account doubled in years. Use the Rule of 72 to estimate what the APR of her account was. APR=____%
asked by Alexis on June 8, 2014 
math
A friend opens a savings account by depositing $1000. He deposits an additional $75 into the account each month. a. What is a rule that represents the amount of money in the account as an arithmetic sequence? b. How much money is
asked by Shakira on January 8, 2014 
math
A friend opens a savings account by depositing $1000. He deposits an additional $75 into the account each month. a. What is a rule that represents the amount of money in the account as an arithmetic sequence? b. How much money is
asked by Shakira on January 8, 2014 
Math
A friend opens a savings account by depositing $1000. He deposits an additional $75 into the account each month. a. What is a rule that represents the amount of money in the account as an arithmetic sequence? b. How much money is
asked by Shakira on January 8, 2014 
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

Precalculus
NEED HELP ASAP PLEASE!! A savings account starts with $600 and pays 5% interest per year, compounded four times per year. a) A function that models the amount in dollars in the bank account after m years is A(m)=____________? b)
asked by jh on March 4, 2010 
Finance
You are 45 years of age and your asporation is to retire in 17 years at age 62. Assume you are about to set up a new retirement savings account at a 4% annual interest rate (APR). Based on how you want to live in retirement, and
asked by Helpmeplease on May 23, 2013 
algebra
The amount of money, in dollars, in a savings account after x years is given by M(x) = 10,000(1.03)x. What does the value 1.03 represent? A) The original deposit was $103. B) There is a 3 percent increase in the savings account
asked by Anonymous on February 11, 2020 
math
You are looking for an account to invest your $9,000 in. You want to know how many years it will take to double if the account you are putting it into gets 10% APR. Using the Rule of 70, how many years should you be expecting to
asked by Anonymous on June 4, 2018 
Personal Finance
Mary just deposited $33,000 in an account paying 7% interest. She plans to leave the money in this account for eight years. How much will she have in the account at the end of the seventh year? Mary and Joe would like to save up
asked by Linda on March 23, 2010