
posted by Ms. Sue
Respond to this Question
Similar Questions

math
An account earns annual simple interest. Find the balance of the account. $250 at 4% for 1 year = $260 $2000 at 9% for 6 months = $? 
Mathematics of INVESTMENT
Q: Ms. Parker deposits $8000 in one simple interest account and $2000 in a second simple interest account. The interest rate on the $8000 account is 2% more than the rate on the $2000 account. If the total yearly amount of 
math
how much money would have to be invested in an account at 3.98% annual interset to achieve a balance of 25,000 in 17 years if a. The account pays simple interest b. the account compound interest qrtly c. the account compounds 
Math
Write a function that represents the situation. Find the balance A in the account after the given time period t. $2000 deposit that earns 5% annual interest compounded quarterly; 5 years A function is A= The balance of the account 
Simple & Compounding Interest
I am SO STUCK on this problem... PLEASE HELP ASAP!!! Suppose Kevin and Jill both deposit $4000 into their personal accounts. If Kevin’s account earns 5% simple interest annually and Jill’s earns 5% interest compounded 
Simple & Compounding Interest
Suppose Kevin and Jill both deposit $4000 into their personal accounts. If Kevin’s account earns 5% simple interest annually and Jill’s earns 5% interest compounded annually, how much will each account balance show at the end 
Algebra
Show how you substitute the values into the formula, then use your calculator. *Use A = P(1+r/n)nt to find the amount of money in an account after t years, compounded n times per year. *Use I = Prt to find the amount of simple 
math
An investor has 7000 to invest in two accounts. The first account earns 8% annual simple intrest, and the second account earns 13% annual simple intrest .How much money Should be invested in each account so that the simple intrest 
6 grade algebra
cindy earns 6% simple interest each year on her savings account. if she has $850 in her account and leaves the money in there for 5 years. how much interest will the money earn? what is the new balance in cind's account? 
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