# $5,000 compounded semiannually at 6% for 5 years

24,911 results, page 3

### Maths

Amount wanted after 3 years is 300,000 and 500,000 after 5 years. Find present value of p when 12peecent interest is compounded bimonthly.

### Algebra

Please help me find the value of the annuity for the following: a1= $8000, I=0.06, n=10 $8,000 invested for 10 years at 8% compounded annually$8,000 invested for 10 years at 0.06% n = 10 Thank you.

### math

. Seth’s current bank offers a 1-year certificate of deposit account paying 2% compounded semiannually. A competitor bank is also offering 2%; but compounded daily. If Seth invests the $100,000, how much more money will he have in the second bank after one year, due to the ...

### math

If $3000 is deposited at the end of each half year in an account that earns 6.2% compounded semiannually, how long will it be before the account contains $130,000?

### Business Math

If $4000 is deposited at the end of each year in an account that earns 6.2% compounded semiannually, how long will it be before the account contains $120,000?

### Business Math

Earl wants to retire to San Diego when he is 65, he is now 50. He will need $300,000.00, how much would he have to invest today @6% interest compounded semiannually to meet his goal?

### Business Finance

How much must be deposited now, at 6% interest compounded semiannually, to yield an annuity payment of $4000 at the end of each six month period, for a total of five years?

### matttth help please

1. Mike wants to invest money every month for 40 years. He would like to have $1 000 000 at the end of the 40 years. For each investment option, how much does he need to invest each month? a) 10.2%/a compounded monthly b) 5.1%/a compounded monthly 2. Kenny wants to invest $250...

### consumer math

Jim opened an account with $400. The account pays three percent quarterly. How much is in the account at the end of two years? Round to the nearest dollar. (Points : 1) 5. Use this table to answer questions 5 through 8. Principal Rate Compounded Time Final Amount $10,000 2% ...

### ALGEBRA

If $450 is invested in an account that earns annual interest of 3.5%, compounded semiannually, what will the account balance be after 15 years? (Round your answer to the nearest cent.)

### ALGEBRA

If $835 is invested in an account that earns annual interest of 4.5%, compounded semiannually, what will the account balance be after 13 years? (Round your answer to the nearest cent.)

### ALGEBRA

If $835 is invested in an account that earns annual interest of 4.5%, compounded semiannually, what will the account balance be after 13 years? (Round your answer to the nearest cent.)

### ALGEBRA

If $835 is invested in an account that earns annual interest of 4.5%, compounded semiannually, what will the account balance be after 13 years? (Round your answer to the nearest cent.)

### Algebra

If $625 is invested in an account that earns annual interest of 5.5%, compounded semiannually, what will the account balance be after 8 years? (Round your answer to the nearest cent.)

### math

If $425 is invested in an account that earns annual interest of 7.5%, compounded semiannually, what will the account balance be after 11 years? (Round your answer to the nearest cent.) $ 1

### math

A deposit of $2,000 earns interest at a rate of 14% compounded quarterly. After two and a half years the interest rate changes to 13.5% compounded monthly. How much is in the account after six years?

### value of money

A deposit of $2,000 earns interest at a rate of 14% compounded quarterly. After two and a half years the interest rate changes to 13.5% compounded monthly. How much is in the account after six years?

### ALegbra

If an apartment complex will need painting in 3 1/2 years and the job will cost $25,000, what amount needs to be deposited into an account now in order to have the necessary funds? The account pays 8% interest compounded semiannually. (a) State the type of the problem. future ...

### algreba with application

If $795 is invested in an account that earns annual interest of 5.5%, compounded semiannually, what will the account balance be after 5 years? (Round your answer to the nearest cent.)

### college math

An initial investment of $1000 is appreciated for 4 years in an account that earns 6% interest, 2) compounded semiannually. Find the amount of money in the account at the end of the period.

### Business Calc

We deposit $19000 into an account earning 3% interest compounded semiannually. How many years will it take for the account to grow to $47500 ? Round to 2 decimal places.

### Check Answer!!

You deposit $4,300 in an account earning 3.5% interest compounded semiannually. How much will you have in the account after 9 years? 4300(1+.035/2)^(2x9) ~~ 5876.08

### Math

Roiger made deposits of $900 semiannually to the bank, which pays 6% interest compounded semiannually. After 7 yrs., he makes no more deposits. What would be the balance in the account 8 yrs. later from the last deposit?

### Economics

Given the following data, use present worth analysis to ﬁnd the best alternative, A,B, or C. A B C Initial cost $10,000 15,000 $12,000 Annual beneﬁt 6,000 10,000 5,000 Salvage value 1,000 −2,000 3,000 Useful life 2 years 3 years 4 years Use an analysis ...

### math

A client comes to you for investment advice on his $500,000 winnings from the lottery. He has been offered the following options by three different financial institutions and requests assistance to help understand which option would be the best for his investment. Option 1: 6...

### math

A client comes to you for investment advice on his $500,000 winnings from the lottery. He has been offered the following options by three different financial institutions and requests assistance to help understand which option would be the best for his investment. Option 1: 6...

### Algebra ASAP

Suppose that $17,000 is invested in a savings account paying 5.1% interest per year. (a) Write the formula for the amount A in the account after t years if interest is compounded monthly. A(t) = (b) Find the amount in the account after 3 years if interest is compounded daily...

### math

Find the amount that schould be invested now to accumulate following amounts,if te money is compounded as indicated. $2000 at 9% compund semiannually for 8 years. i don't know how u do this sorry, your homework!!!!!!!!!!!!!!!!!! Double post. I answered this below.

### wildcat

Compound Interest: Suppose $1,600 is invested in a savings account that pays 5% compounded semiannually, how much is in the account at the end of 11 2 years? having difficulties in finding a solution

### math

A depositor opens a new savings account with $ 8000 at 8 % compounded semiannually. At the beginning of year 3, an additional $6000 is deposited. At the end of four years, what is the balance in the account?

### Business Finance

You choose to invest your $3,560 income tax refund check (rather than spend it!) in an account earning 5% compounded semiannually. How much will the account be worth in 5 years?

### Business Finance

You choose to invest your $3,560 income tax refund check (rather than spend it!) in an account earning 5% compounded semiannually. How much will the account be worth in 5 years?

### algebra

$7,000 is invested into two accounts: 4,000 into an account paying 5% interest compounded monthly and $3,000 into an account paying 4.1% interest compounded continuously. compute the total interest earned at the end of 2 years.

### Math

A man buys a house for $310,000. He makes a $150,000 down payment and amortizes the rest of the debt with semiannual payments over the next 8 years. The interest rate on the debt is 11%, compounded semiannually. (a) Find the size of each payment. (b) Find the total amount paid...

### Math

A boat costs $92,000 and depreciates in value by 15% per year. How much will the boat be worth after 10 years? 18,112.45 78,200 18,941.98 69,000 18,112.45 A $6000 principal earns 8% interest compounded semi annually after 35 years. What is the balance? A. 22,800 B. 39,600 C. ...

### compounded continously

A saving account earns 4.3% compounded continously. How much needs to be deposit for a $12,000 after 3 years?

### math

You receive $12,000 and looking for a bank to deposit the funds. Bank A offers an account with an annual interest rate of 3% compounded semiannually. Bank B offers an account with 2.75% annual interest rate compounded continuously. Calculate the value of the two accounts at ...

### math

You receive $12,000 and looking for a bank to deposit the funds. Bank A offers an account with an annual interest rate of 3% compounded semiannually. Bank B offers an account with 2.75% annual interest rate compounded continuously. Calculate the value of the two accounts at ...

### Finance

You receive $12,000 and looking for a bank to deposit the funds. Bank A offers an account with an annual interest rate of 3% compounded semiannually. Bank B offers an account with 2.75% annual interest rate compounded continuously. Calculate the value of the two accounts at ...

### Finance

You receive $12,000 and looking for a bank to deposit the funds. Bank A offers an account with an annual interest rate of 3% compounded semiannually. Bank B offers an account with 2.75% annual interest rate compounded continuously. Calculate the value of the two accounts at ...

### Math

A loan of $37,000 is made at 3%interest, compounded annually. After how many years will the amount due reach $49,000 or more? (Use the calculator provided if necessary.) Write the answer as a whole number. ****I get 1.03^10 = 49,724.91 So is the answer 10 years at 49,725.00?

### math

a company will need $30.000 in 7 years for a new addition. To meat this goal the company deposits money in an account today that pays 7% annual interest compounded quarterly. find the amount that should be invested to total $30.000 in 7 years?

### Math

Find the future value of an ordinary annuity that calls for depositing $100 at the end of every 6 months for 15 years into an account that earns 7% interest compounded semiannually. (Round your answer to the nearest cent.)

### Math Finite

How many years will it take for $12,000 to grow to $15,000 at 5.75% compounded monthly?

### math

how much money should you invest now to have 6000 in 11 years if you invest the money at a rate of 11.1%. compounded semiannually.

### math

how much money should you invest now to have 7000 in 11 years if you invest the money at a rate of 9.3%. compounded semiannually

### math

how much money should you invest now to have 5000 in 11 years if you invest the money at a rate of 9.4%. compounded semiannually

### math

compouned semiannually P dollars is invested at annual rate. r for 1 year. If the intrest is compounded semiannually then the polynomial P(1+r/2)by the second power represent the value of the investment after 1 year. Rewrite this expression without parentheses. Evaluate the ...

### Investment interest

Scenario: A client comes to you for investment advice on his $500,000 winnings from the lottery. He has been offered the following options by three different financial institutions and requests assistance to help understand which option would be the best for his investment. ...

### Math

Myrna Lewis wishes to have $4,000 in four years to tour Europe. How much must she invest today at 8% interest compounded quarterly to have $4,000 in four years?

### ALGEBRA

Find the future value, using the future value formula and a calculator. (Give your answer to the nearest cent.) $44.01 at 6.5% compounded semiannually for 2 years

### math

If you invest $17,000 a year for 11 years, at 4% compounded monthly, what would the balance be at the end of 11 years?

### Business finance

How much money must be deposited now, at 6% interest compounded semiannually, to yield an annunity payment of $4000 at the end of each six month period, for a totl of five years? Round to the nearest cent

### Please Help

Find the present value of an ordinary annuity of $1,400 payments each made semiannually over 8 years and earning interest at 12% per year compounded semi-annually. $6,954.70 $9,763.58 $14,148.25 $3,365.99 Thanks for the help

### math

suppose that your bank pays 10% interest, compounded semiannually. Use table 12-2 of your text to find how much should be deposited now to yield an annuity payment of $400 at the end of every six months, for 4 years.

### quantitative reasoning

lee willis needs to save $16,000 to open up a hair salon in 5 years. what lump sum must Lee deposit today in order to have $16,000 in 5 years? Lee can earn 7.25% interest compounded quarterly

### MTH 157

A company will need $50,000 in five years for a new addition.To meet this goal the company deposits the money in an account today that pays 4% annual interest compounded quarterly. Find the amount that should be invested to total $50,000 in 5 years. Thanks for the help!

### Math

Myrna Lewis wishes to have $4,000 in four years to tour Europe. How much must she invest today at 8% interest compounded quarterly to have $4,000 in four years? $4000 = x(1+ 0.02)^16 =$2,913.78

### Math

If a nurse deposits $2,000 today in a bank account and the interest is compounded annually at 10 percent, what will be the value of this investment: a. five years from now? B. ten years from now? C. fifteen years from now? D. twenty years from now?

### Correted Bob can you re-check?

So i pretty much had them right the first time with the first set of answers i just needed to round up? 1. $5000.00 compounded annually at 6% for 5 years= $6,691.13? 2. $5000.00 compounded quartley at 6% for 5 years= $6,719.58? 3. $5000.00 compounded quartley at 65 FOR 5 YEARS...

### Finance

Business Investment A firm of attorneys deposits $5000 of profit-sharing money at the end of each semiannual period for years. Find the final amount in the account if the deposits earn 10% compounded semiannually.

### Business math

Sam Monte deposits $21,500 into Legal Bank which pays 6 percent interest that is compounded semiannually. By using the table in the handbook, what will Sam have in his account at the end of 6 years?

### Pre-Algrebra

Alecia deposited $500 in a savings account at 5% compounded semiannually. What is her balance after 5 years? Can you please show me step by step how to do this problem. The choices are $650.00 $640.04 $670.05 $897.93

### Finance

A company requires the amount of $1,000,000 in 25 years to retire a bond issue. Assume they can earn 5 3/4% interest compounded daily. What amount would they have to pay quarterly to be able to retire this debt in 25 years?

### Intro To college math

Find the future value, using the future value formula and a calculator. (Give your answer to the nearest cent.) $42.31 at 4.5% compounded semiannually for 4 years.

### Math

Jasica Parker would like to have $78 comma 000 to buy a new car in 8 years. To accumulate $ 78 comma 000 in 8 years, how much should she invest monthly in a sinking fund with 6 % interest compounded monthly?

### math

The problem describes a debt to be amortized. A man buys a house for $350,000. He makes a $150,000 down payment and amortizes the rest of the debt with semiannual payments over the next 12 years. The interest rate on the debt is 11%, compounded semiannually. (Round your ...

### math

The problem describes a debt to be amortized. A man buys a house for $350,000. He makes a $150,000 down payment and amortizes the rest of the debt with semiannual payments over the next 12 years. The interest rate on the debt is 11%, compounded semiannually. (Round your ...

### math

Steve wants to have $25000 in 25 years, he can only get 3.2% interest compounded quarterly. his bank will guarantee the rate for either 5 or 8 years in 5 years he can get 4% compounded quarterly for the remainder of the term in 8 years he can get 5% compounded quarterly for ...

### Finance

When Samuel Pepys, the British diarist, lent his friend Lady Sandwich £100 in 1668, he charged her 6 percent interest. If the loan was due at the end of 1 year, how much would Lady Sandwich have had to pay if interest was (a) compounded annually, (b) compounded semiannually...

### Physics

Suppose you have 100 g of radioactive plutonium-239 with a half-life of 24,000 years. How many grams will remain after (a) 12,000 years (b) 24,000 years (c) 96,000 years?

### Physics

Suppose you have 100 g of radioactive plutonium-239 with a half-life of 24,000 years. How many grams will remain after (a) 12,000 years (b) 24,000 years (c) 96,000 years?

### Math

A loan of $37,000 is made at 8.75% interest, compounded annually. After how many years will the amount due reach $93,000 or more?

### math

Osama invested Rs.8,000 for 3 years at 5% C.I in a post office. If the interest is compounded once in a year, what sum will he get after 3 years?

### Consumer math

When Greg was born, his grandmother put $5000 in a savings account for his college expenses. It was compounded at 2.5 percent semiannually, and left in the account 18 years. How much was in the account? Round to the nearest dollar.

### managerial math

a gift of $3000 a grew $7,000,000 in 200 years. At what rate compounded anually would this growth occur

### College Algebra

A loan of 25,000 is made at 3.75% interest, compounded annually. After how many years will the amount due reach 42,000 or more?

### Math

if the union member is able to invest their $12,000 is a fund that pays 1.8% compounded continuously, in how many years will the future values be worth $20,000?

### math

Mr. puts $10,000 into a CD that pays 8.5% interest compounded monthly. If he keeps the money invested for 10 years, what will be the value at the end of 10 years?

### Math

Alice requires $10,000 in two years. If the interest rate is 6% and compounded quarterly, how much must Alice place in the account to have the required amount? (a) $ 6,274.10 (b) $ 8,877.10 (c)$ 8,573.40 (d) $ 5,000.00 (e) $ 10,000.00

### College Algebra

Suppose an investment account is opened with an intial deposit of $12,000 earning 9.6% interest. Round all answers to the nearest dollar. a. How much will the account be worth after 20 years if it is compounded monthly? $ b. How much will the account be worth after 20 years if...

### Compound Interest

Payments of $1,800 and $2,400 were made on a $10,000 variable-rate loan 18 and 30 months after the date of the loan. The interest rate was 11.5% compounded semi-annually for the first two years and 10.74% compounded monthy thereafter. What amount was owed on the loan after ...

### math

Ed Long promised to pay his son $400 semiannually for 12 years. Assume Ed can invest his money at 6% in an ordinary annunity. How much must Ed invest to pay his son $400 semiannually for 12 years? 24 periods, 3% (Table 13.2)

### Business Math

a) You have N$ 10,000 to invest, which you want to grow to N$ 100,000. If the bank offers you an interest rate of 6% p.a. compounded monthly, how long must you invest the money for (in months or years)? Round your answer to one decimal place. b) Instead of investing N$ 10,000...

### math

You are the financial planner for Johnson Controls. Assume last year’s profits were $760,000. The board of directors decided to forgo dividends to stockholders and retire high-interest outstanding bonds that were issued 5 years ago at a face value of $1,420,000. You have ...

### compund interest

Payments of $1800 and $2400 weere made on a $10,000 variable-rate loan 18 and 30 months after the date of the loan. The interest rate was 11.5% compounded semi-annually for the first two years and 10.74% compounded monthly thereafter. What amount was owed on the loan after ...

### Math

Ed long promised to pay is son $400 semiannually for 12 years. Assume Ed can invest his money at 6 % in an ordinary annuity. How much must Ed invest today to pay his son $400 semiannually for 12 years?

### precalculus

Suppose $1,000 is compounded quarterly for 4 years. What rate is needed to reach a total of $2,000? Round to the nearest tenth of a percent. use a=p(1+r/n)^nt

### Math

A $4,000.00 principal earns 5% interest compounded annually. After 4 years, what is the balance in the account? A. $500,000.00 B. $4,862.03 *** C. $4,600.00 D. $20,250.00

### 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 Madonna's investment to be three times as much ...

### 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 Madonna's investment to be three times as much ...

### math

future amount needed $6,000 interest rate is 3% compounding period semiannually investment time 8 years what would the present value be

### mth 156

a company needs $55,000 in 7 years for a new addition. To meet this goal, the company needs to deposit money in an acct today that pays 5% annual interest compounded quarterly. What amount should the company invest to total $55,000 in 7 years? Thanks!

### Compound Interest!

Two payments of $10,000 and $12,000 must be made 1 year and 4 years from now. If money can earn 9% compounded monthly, what single payment 2 years from now would be equivalent to the two scheduled payments?

### ALGERBRA

Here are two ways of investing $30,000 for 20 years: Periodic Deposit $1,500 at the end of each year Rate 5% compounded annually Time 20 years

### Math

If the inflation rate averages, 3% per year compounded annually for the next 5 years, what will the car currently selling for $17,000 cost 5 years from now?

### math

find the present value of ordinary annuity payments of 890 each year for 16 years at 8% compounded annually What is the amount that must be paid (Present Value) for an annuity with a periodic payment of R dollars to be made at the end of each year for N years, at an interest ...

### Finance

Is it more economical to buy an automobile for $29,000 cash or to pay $4,500 down and $3,000 at the end of each quarter for 2 years, if the money is worth 8% compounded quarterly?

### Business Math

Bond Pricing: A 20-year corporate bond has a maturity value of $25, 000 and coupons are paid at 5% at the end of each year. If an investor wants to earn a yield of 7% compounded semiannually, what should she or he pay for this bond?