Questions LLC
Login
or
Sign Up
Ask a New Question
Questions
Math
Suppose you buy a $1395 savings bond that pays 4.3% annual simple interest. Determine the value of the bond after 7 years.
1 answer
1395(1+.043*7) = ?
You can
ask a new question
or
answer this question
.
Similar Questions
Suppose you buy a $1395 savings bond that pays 4.3% annual simple interest. Determine the value of the bond after 7 years.
Top answer:
P = Po + Po*r*t. Po = $1395. r = 4.3% / 100% = 0.043. t = 7 years. Plug the above values into the
Read more.
If you buy a $1395 savings bond that pays 4.3% annual simple interest. Determine the value of the bond after 7 years.
Top answer:
I = PRT I = 1395 * 0.043 * 7 Add the interest to the principal.
Read more.
Suppose you buy a $9000 savings bond that pays 4.75% annual simple interest.
When you cash in the bond, you have to pay 16%
Top answer:
9000 (1 + 6*0.0475) * 0.84 = ____
Read more.
Carter invested $400 in a savings bond that pays simple interest.
If the savings bond pays 4% interest per year, how much
Top answer:
C. $176.00 Interest = Principal x Rate x Time Interest = $400 x 0.04 x 11 Interest = $176.00
Read more.
SIMPLE INTEREST
kelsie has an $800 savings bond which she has had for 2 1/2 years. The bond pays simple interest at the rate of
Top answer:
Oops. That was compound interest. Simple interest pays .038*800 = 30.40 each year SO, after 2.5
Read more.
Adrian has $12,000 invested in a savings account which pays 5%, a time deposit paying 7% and a bond that pays 10%. He has $1000
Top answer:
What is your equation ?
Read more.
You deposit $70 in a savings account that pays an annual interest rate
of 3%. How much simple interest would you earn in 2.5
Top answer:
70 * 0.03 * 2.5 =
Read more.
7. A woman wishes to invest $5,800. She can buy savings bonds which pay simple interest at the rate of 8.5% per annum or she can
Top answer:
To calculate the difference in the amounts of the two investments at the end of five years, we need
Read more.
Kendrick Campbell purchased a $25,000 municipal bond at a quoted price of 93.456. The bond pays annual interest at a rate of
Top answer:
To calculate the annual interest for the municipal bond, we need to know the face value of the bond
Read more.
Suppose that you buy a bond for $100 that pays 4 percent interest per year. How much money will you have earned when the bond
Top answer:
Assuming that the bond is a simple-interest bond..... In year 1, the bond pays 100*.04=$4. In year 2
Read more.
Related Questions
Heather bought a ten-year maturity corporate bond when it was issued for $1,000. The bond has an annual interest rate of seven
Please help me out this problem! :)
suppose that I buy a 10 yr bond today for $1000 and the interest rate when the bond is issued
Suppose the September CBOT Treasury bond futures contract has a quoted price of 89-09. What is the implied annual interest rate
Suppose you deposit$2,000 in a savings account that pays interest at an annual rate of 4%. If no money is added or withdrawn,
Suppose you deposit $275.00 in your savings account on December 31.
Your bank pays 3 percent annual interest on savings accounts.
To be able to take her dream vacation, Leila decides to save for
4 years. She opens a savings account with $500 . The account
Suppose you deposit $1,500 in a savings account that pays interest at an annual rate of 5%. If no money is added or withdrawn
saving bond currently worth $7600 collects 5.5% annual simple interest each year. if the bond was purchased seven yeara ago, how
Kerry Stutsman has $500 in a saving account earning .45% interest. She is considering buying a 1-year certificate of deposit
Suppose you deposit $2,000 in a savings account that pays interest at an annual rate of 4%. If no money is added or withdrawn,
