# A=P(1+r)^2 A= interest P= principle interest r= interest rate t= time in years If $4500 invested at 7% interest compounded annually yeilds $15600, for how many years was the money invested?

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### Math

A=P(1+r)^2 A= interest P= principle interest r= interest rate t= time in years If $4500 invested at 7% interest compounded annually yeilds $15600, for how many years was the money invested?

### Plz Hel, word problem:)

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### Math

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### Compound interest

Hello My teacher skipped over this and I have no clue how to do this or the equations. Help would be wonderful thank you If 6000 dollars is invested in a bank account at an interest rate of 10 per cent per year, find the amount in the bank after 15 years if interest is ...

### 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 compounded quaterly? C) Find the amount in the...

### algebra

A total of $12,000 is invested in two funds paying 9% and 11% simple interest. If the yearly interest is $1,180, how much of the $12,000 is invested at each rate? We have two unknowns: the amount of money invested at 9% and the amount of money invested at 11%. Sentence (1) ''A...

### Algebra

Greta invests $10,000 in an investment that pays 3% interest, compounded annually, for the first three years, then 9% interest, compounded annually, for the last three years. Rui invests $10,000 in an investment that pays r% for all six years. The two investments are worth the...

### Math

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### statistics please help!

A total of 8,000 dollars is invested at anunual interest rate of 1%. Find the balance after 1.5 years, if the interest is compounded annually. using A=p(1+r/n)^nt

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### Financial Math

An investment of $2500 accumulates at 6% p.a compounded semi annually for 3 years. At that time, the interest rate is changed to 5% compounded monthly. How much is the investment worth 2 years after the change in interest rate? What is interest gained at the end of the 5 years.

### Math

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### Calculus :)

If 8000 dollars is invested in a bank account at an interest rate of 10 per cent per year, find the amount in the bank after 11 years if interest is compounded annually ____ Find the amount in the bank after 11 years if interest is compounded quaterly ____ Find the amount in ...

### Math: Compounded Interest

A principal of $200 is invested at 5% interest rate annually. Determine the future value in 3 months' time if compounded: (a) Semi-annually (b) Quarterly

### math,algebra

Is this correct Business and finance. The simples interest I on a principle of P dollars at interest rate r for time t, in years, is given by I= Prt. Find the simple interest on a principal of $6000 at 3% for 2 years. Simple Interest = Principle x Rate x Time (in years)

### math algebra

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A student invests two sums of money at 3% and 4% interest, receiving a total of $110 in interest after 1 year. Twice as much money is invested at 4% than at 3%. Find the amount invested at each interest rate. Where do I even begin with this?

### simple interest and compund interest.

1) What is the final amount when $3000 is invested at 3% per year simple interest for? Show all steps. The formula is A=P(1+rt) 2) What amount must be invested at an interest rate of 5% per year compounded monthly to obtain $15000 in 6 years? Show all steps. The formula for ...

### algebra

Compound interest word problem. Suppose JJ has $1000 that he invests in an account that pays 3.5% interest compounded quarterly. How much money does JJ have at the end of 5 years? Formula: A= The amount of money earned after a certain length of time. P= The amount of money you...

### compounded interest

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### Finite Math

Find (a) the final amounts and (b) the total interest earned on the original investment. 1. $4500 is invested at 7.5% compounded annually for 6 years.

### MATH HELP

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### NEED MATH HELP

$3000 invested at an APR of 5% for 7 years. If interest is compounded annually , what is the amount of money after 7 years?

### NEED HELP MATH HELP

$3000 invested at an APR of 5% for 7 years. If interest is compounded annually , what is the amount of money after 7 years?

### NEED HELP MATH HELP

$3000 invested at an APR of 5% for 7 years. If interest is compounded annually , what is the amount of money after 7 years?

### Business Math and Statistics

You deposit $1,000 for 4 years at an interest rate of 2.0%. If the interest is compounded annually, how much money do you have after 4 years?

### Math

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### math

the total amount of interest on this loan of $6000 for 150 days is $210.50. what is the rate of interest on this loan? If not compounded, or simple interest, then Interest=Principal(rateinterest)*time Here time is 5/12 of a year, you are given the interest and principle. ...

### MATH HELP PLEASE

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### HELP ME MATH PLEASE

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### math/compound

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### math

a sum of Rs.8000 generates Rs.1261 as compounded interest in 03 years interest compounded annually. The rate of compound interest is

### Calculus :)

If 8000 dollars is invested in a bank account at an interest rate of 10 per cent per year, find the amount in the bank after 11 years if interest is compounded annually ____ Find the amount in the bank after 11 years if interest is compounded monthly ____

### Algebra Question~!

A company invests $15,000.00 in an account that compounds interest annually. After two years, the account is worth $16,099.44. Use the function in which r is the annual interest rate, P is the principle, and A is the amount of money after t years. What is the interest rate of ...

### maths

If an amount of Rs 10,000/- is invested at a simple interest of 12% per annum, how much it will become at the end of 5 years ? And if this amount is invested at a compound interest of 10% per annum (the interest being compounded on yearly basis), how much it will become at the...

### algebra

when P dollars is invested at interest rate (I), compounded annually, for (t) years, the investment grows to (A) dollars, where A=P(1+I)^3. Find the interest rate if $40,960 grows to $49,130 in 3 yrs.

### math

If 3000 dollars is invested in a bank account at an interest rate of 9 per cent per year, find the amount in the bank after 5 years if interest is compounded annually

### Compounded Interest

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### MATH

Tiffany invested $725 at the end of every month in an investment fund that was earning interest at a rate of 4.74% compounded monthly. She stopped making regular deposits at the end of 10 years when the interest rate changed to 6.69% compounded quarterly. However, she let the ...

### Maths urgent

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### algebra

Solve the problem. Helen Weller invested $15,000 in an account that pays 12% simple interest. How much additional money must be invested in an account that pays 15% simple interest so that the total interest is equal to the interest on the two investments at the rate of 13%?

### math

Yumi's grandparents presented her with a gift of $11,000 when she was 8 years old to be used for her college education. Over the next 9 years, until she turned 17, Yumi's parents had invested her money in a tax-free account that had yielded interest at the rate of 5.5%/year ...

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when invested at an annual interest rate of 4.7% an account earned 1290.33 of simple interest in 3 years how much money was originally invensted

### Algebra II

An investment service promises to triple your money in 12 years. Assuming continuous compounding of interest, what rate of interest is needed? For the question is it asking me if simple interest or continuously compounded interest is needed? Or Is it asking for a number in the...

### Math

Find the interest if $ 9,000 is invested at an annual simple interest rate of 8 % for 3 years. Use the formula I = P × R × T , where I is the interest earnings, P is the principal, R is the annual rate and T is the time, expressed in years. (a) $ 216,000 (b) $ 4,216.00 (c...

### math

you invested $4000 in two accounts paying 2% and 9% annual interest, respectively if the total interest earned for the year was $150, how much was invested at each rate. $_was invested at 2% and _$ was invested at 9%

### Maths

1.The value of an investment grows from R2200 to R3850 in 8 years. Determine the simple interest rate at which it was Invested. 2. James had R12000 and invested it for 5 years.If the value of his investment is R15600, what compound interest rate did it earn?

### math

sam invested $5000 in a GIC earning 8% compound interest per year, the interest gets added to the amount invested, so the next year sam gets the interest on the interest already earned , as well as on te original amoun, how much will sam's investment be worth at the end of 10 ...

### math

how long will it take to earn $787.50 on $5000 at 5 1/4%(percent) what is the rate it is compounded? annually, semi-annually, monthly, what? dat information is not given aren't you supposed to be using the interest rate formula? if so, then u have two variables missing, the n ...

### Math

Compound interest question: When Aaron invested $100 at 4.5% p.a. annually compounding, it amounted to $142.21. For how many years was it invested? Is there a way to solve this question without using the formula for compound interest?

### 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. ...

### college math

Suppose $400 is invested for 4 years at a nominal yearly interest rate that is compounded monthly, further suppose it accumulates to 817.39 after 4 years. Find the annual nominal interest rate of the investment.

### college math

Suppose $400 is invested for 4 years at a nominal yearly interest rate that is compounded monthly, further suppose it accumulates to 817.39 after 4 years. Find the annual nominal interest rate of the investment.

### anonymous

1.) an account invested in a month market fund grew from $67,081.20 to $67,359.39 in a month. What was the interest rate, to the nearest tenth? 2.)you are due a tax refund of $760. your tax preparer offers you a no-interest loan to be repaid by your refund check, which will ...

### Finance

Find the future value of $10,000 invested now after five years if the annual interest rate is 8 percent. a. What would be the future value if the interest rate is a simple interest rate? b. What would be the future value if the interest rate is a compound interest rate?

### Adv. Math

Ok my last question for this Interest stuff Woo! Ok this is the question: What is the annual interest rate if $1600 is invested for 6 years and $456 in interest is earned?

### PRE-CALCULUS

Find the accumulated value of a $5000 investment which is invested for 8 years at an interest rate of 12% compounded: (a) annually (b) semi-annually (c) quarterly (d) monthly (e) continuou

### simple interest

A total of $12,000 is invested into two simple interest accounts. On one account the annual simple interest rate is 12%, while on the second account the annual interest rate is 18%. How much should be invested at 12% so that the interest earned is the same?

### Algebra

Need help with these 2 please-- 19. Nancy invests $100 in one account for 10 years at a 9% interest rate compounded annually, and she invests $150 in an account for 10 years at a 6% interest rate compounded semi-annually. How much money will she have in the accounts after 10 ...

### Algebra

Need help with these 2 please-- 19. Nancy invests $100 in one account for 10 years at a 9% interest rate compounded annually, and she invests $150 in an account for 10 years at a 6% interest rate compounded semi-annually. How much money will she have in the accounts after 10 ...

### algebra

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### algebra

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Determine the sum of money that must be invested today at 9% interest compounded annually to give an investor annuity (annual income) payments of $5,000 per year for 10 years starting 5 years from now.

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### Algebra 2 & trig

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### easy geometry

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### algebra

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### Math-- Desperate for help!

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### math/ compounded

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### help!!

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### Math

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### annual interest

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### Math

A company invests $15,000.00 in an account that compounds interest annually. After two years, the account is worth $16,099.44. Use the function in which r is the annual interest rate, P is the principal, and A is the amount of money after t years. What is the interest rate of ...

### Algebra

A company invests $15,000.00 in an account that compounds interest annually. After two years, the account is worth $16,099.44. Use the function in which r is the annual interest rate, P is the principal, and A is the amount of money after t years. What is the interest rate of ...

### Algebra

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### Algebra

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### Algebra

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### Algebra

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### Algebra

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### Algebra

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### Math

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