annuaties
 👍
 👎
 👁
Respond to this Question
Similar Questions

magh
suppose you put money into teo different bank accounts. In account #1 you deposit $500 and you will be earning 6% interest compounded quarterly. in account #2 you deposit $600 and you will be earning 5% interest compounded

Algebra 2
Rick deposits $1,000 into an investment account which earns 4% annually. Sally loans $1,000 to a friend, and the friend agrees to pay her $50 each year, and will return the $1,000 after 10 years. Determine the amount of money each

math
you deposit $10000 in an account earning 4% interest compounded monthly. how much will you have in 25 years? how much interest will you earn

Lat math question for some days. Can y'all help?
Huan deposited $850 into a college savings account earning 4.8% interest compounded annually. He also deposited $850 into a second account earning 4.8% simple interest. He made no additional deposits. After 10 years, which account

Math
an individual has purchased 275000 worth of savings certificates. Certificates expires in 25 years and a simple interest rate is computed quarterly at 3%per quarter. Interest checques are mailed to certificates holders ever 3

Algebra( check my answers)
1. Juan deposited $200 in a savings account earning 3% interest over 2 years. What was the total amount of interest earned after 2 years? $12 $24 $120 ( my answer) $240 2. Mary borrowed $11,000 at 5% interest for 4 years. What was

Math
Roman saves $500 each year in an account earning interest at an annual rate of 4% compounded annually. How much interest will the account earn at the END OF THE FIRST THREE YEARS? I think I am confusing simple and compounded

Equivalent Payments
Belinda borrowed $20,500 at simple interest rate of 4.30% p.a. from her parents to start a business. At the end of 3 months, she paid them $7,100 and $6,900 at the end of 8 months. How much would she have to pay them at the end of

PreAlgebra can you please help?!
Lester deposited $400 into a savings account earning 4.5% simple interest, and $450 into an investment account earning 3.2% interest compounded annually. What was the total interest he earned in 3 years? A $986.00 B $89.06 C $9.60

alegbra 2
Earning interest You deposit $1000 in an account that pays 6% annual interest compounded continuously. Find the balance at the end of 2 years.

PLEASE HELP Math
As a fringe benefit for the past 8 years, Colin's employer has contributed $50 at the end of each month into an employee retirement account for Colin that pays interest at the rate of 8%/year compounded monthly. Colin has also

maths
Mr. and Mrs. Fox have each contributed $1825.00 per year for the last eight years into RRSP accounts earning 6.93% compounded annually. Suppose they leave their accumulated contributions for another five years in the RRSP at the
You can view more similar questions or ask a new question.