math
 👍
 👎
 👁

 👍
 👎
👤Ms. Sue
Respond to this Question
Similar Questions

Finance
Find the future value of $10,000 invested now after five years if the annual interest rate is 8 percent. a. What would be the future value if the interest rate is a simple interest rate? b. What would be the future value if the

simple interest
A total of $8000 is deposited into two simple interest accounts. On one account, the annual interest rate is 10%, while on the second account the annual simple interest rate is 12%. How much should be invested in the 10% account

math
Find the monthly interest payment in the situation described below. Assume that the monthly interest rate is 1 divided by 1/12 of the annual interest rate. You maintain an average balance of â€‹$780 on your creditâ€‹ card, which

math
An investment of $2500 is made at an annual interest rate of 5.5% .How much additional money must be invested at an annual simple interest rate of 8% so that the total interest earned is 7% of the total investment?

Consumer Math
Your parents are buying a house for $187,500. They have a good credit rating, are making a 20% down payment, and expect to pay $1,575/month. The interest rate for the motrgage is 4.65%. What must their realized income be before

algebra
A total of $6200 is deposited into two simple interest accounts. On one account the annual simple interest rate is 2%, and on the second account the annual simple interest rate is 4%. The amount of interest earned for 1 year was

Math
Sheila bought a new computer for $2000 and has agreed to finance it at 12% interest with a $100 payments each month. When she makes her first payment next month, how much will she pay for interest alone?

Math
Gabe placed $2000 in a certificate of deposit. He earned $10 in interest each month for the next 36 months. Find the annual simple interest rate for his certificate of deposit.

Math
Joe borrowed $2000 from the bank at a rate of 7% simple interest per year. How much interest did he pay in five years?

10 Pre algebra questions
Review Directions: Use the interest formula to solve each of the following problems. 1) Cathy borrows $3280 at 0.3% simple interest per month. When Cathy pays the loan back 9 years later, what is the total amount that Cathy ends

Math
Trisha uses her credit card to pay for new tires that ended up totaling $527.89. She can pay off up to $200 a month. The card has an annual rate of 22.5%. How much will she pay in interest? 22.5% / 12 = 0.01875 interest per month

algebra
A mortgage broker purchased two trust deeds for a total of $290,000. One trust deed earns 9% simple annual interest, and the second one earns 12% simple annual interest. If the total annual interest from the two trust deeds is
You can view more similar questions or ask a new question.