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

algebra II
$9000 is invested at 8% compounded quarterly. In how many years will the account have 20) grown to $11,000? Round your answer to the nearest tenth of a year.
asked by Anonymous on July 15, 2011 
finance
Today, Mark invested $5,000 into an account that guarantees 7.50% p.a., compounded monthly and Madonna invested $5,000 into account guaranteeing 8.125% p.a., compounded quarterly. How long will it take (in years) for the value of
asked by tiff on October 25, 2009 
finance
Today, Mark invested $5,000 into an account that guarantees 7.50% p.a., compounded monthly and Madonna invested $5,000 into account guaranteeing 8.125% p.a., compounded quarterly. How long will it take (in years) for the value of
asked by tiff on October 23, 2009 
Math
The winner of a popular lottery is offered one of two options: i) a lump sum of $102 500 ii) $1000 every month for 10 years If the money can be invested at 3.0% p/a, compounded monthly, which option should the winner choose?
asked by Kate on July 14, 2011 
algebra
$11,700 is invested in a compound interest account paying 3.9% compounded quarterly. How much will be in the account after 18 years? Round your answer to the nearest cent.
asked by Anonymous on May 27, 2010 
algebra 2
$11,700 is invested in a compound interest account paying 3.9% compounded quarterly. How much will be in the account after 18 years? Round your answer to the nearest cent.
asked by Anonymous on December 24, 2011 
Algebra
An initial investment of $480 is invested for 4 years in an account that earns 16% interest, compounded quarterly. What is the amount of money in the account at the end of the period?
asked by Cherie on May 7, 2010 
Finance
Mary needs $9000 in 7 years. What amount can she deposit at the end of each quarter at 6% interest compounded quarterly so she will have her $9000?
asked by Lacey on October 20, 2010 
UOG
An initial investment of $12,000 is invested for 2 years in an account that earns 4% interest compounded quarterly. Find the amount of mnoey in the account at the end of the period.
asked by Amy on April 9, 2013 
Finance
3. Joe and Sue invested $2000 at Bank America in 1995, at 6% compounded quarterly. In the year 2000 they moved to another city and took the total money from their first investment added $500 and invested it at Bank Bravo, at 7%
asked by lynda on November 21, 2013