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Calculus Please help!
If 7000 dollars is invested in a bank account at an interest rate of 7 per cent per year. A) Find the amount in the bank after 6 years if interest is compounded annually? B) Find the amount in the bank after 6 years if interest is
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Instead of spending the $50 a month you receive, you decided to invest it in your money market account at your bank. Assuming you will earn an average of 5% each year and inflation is forecasted to 2.5% a year, how much have you
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Jessica wants to accumulate $15,000 by the end of 4 years in a special bank account, which she had opened for this purpose. To achieve this goal, Jessica plans to deposit a fixed sum of money into the account at the end of the
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If 3000 dollars is invested in a bank account at an interest rate of 6 per cent per year, find the amount in the bank after 12 years if interest is compounded annually Find the amount in the bank after 12 years if interest is
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Recently, a certain bank offered a 10year CD that earns 8.93% compounded continuously. a) If $20,000 is invested in this CD, how much will it be worth in 10 years? Ans: I used the formula A = Pe^(rt) to get the answer $48,848.92
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If P(t) is the amount of dollars in a savings bank account that pays a yearly interest rate of r% compounded continuously ,then dP/dt=(r/100)(P) , t in years . Assume the interest is 5% annually ,P(0)=$1000 ,and no monies are
asked by deq on February 25, 2013 
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if on the first of january a savings account has a balance of $3,200, what amount will be there in this account after three years if the bank gives 6% per year interest compounded quarterly? (assume that there are no deposits or
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calculating future value of retirement account in which you deposit $2,000 a year for 30 years with an annual interest rate of 7 percent?
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Computing future value calculate the future value of a retirement account in which you deposit $2,000 a year for 30 years with an annual interest rate of 7 percent.
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a bank account earns 7% annual interest compounded continuously. you deposit $10,000 in the account, and withdraw money continuously from the account at a rate of $1000 per year. a. write the differential equation for the balance,
asked by Anonymous on March 14, 2011
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