# Mr. Nailor invests \$5,000 in a money market account at his local bank. He receives annual interest of 8% for 7 years. How much return will his investment earn during this time period?

77,096 results

### math

Tamara invests \$30,000 in an account earning 7% interest per year over the next 4 years. How much (simple) interest will her investment earn in total?

### maths

Tamara invests \$30,000 in an account earning 7% interest per year over the next 4 years. How much (simple) interest will her investment earn in total?

### S.P

Tamara invests \$30,000 in an account earning 7% interest per year over the next 4 years. How much (simple) interest will her investment earn in total? Please help!!! :)

### simple interest

Jimmy invests 15,000 coins in a bank and earns simple interest. After 2 years he withdraws all his money from the bank .If the amount that he receives is 17,000 coins ,calculate. (a)the interest received (b)the rate at which bank pays interest.

### 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

If Ron put \$1000 of his money into a bank account that earns a 2.3% annual interest rate, how much will he earn after 10 years if the interest is compounded A. yearly, B monthly? C. continuously?

### 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 ...

### algebra

how much money must Andrea invest for 2 years in an account that earns an annual simple interest rate of 8% if she wants to earn \$300 from the investment?

### math

How much money must Andrea invest for 2 years in an account that earns an annual simple interest rate of 8% if she wants to earn \$500 from the investment?

### Algebra B

I can't figure this out, please help... 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 ...

You invest \$275.00 in a money-market account that pays simple interest at a rate of 10%. How long must you leave your investment in the money-market account if you expect to earn \$27.50 in interest? A year? How do I work it?

### algebra

An executive invests \$25,000, some at 8% and some at 4% annual interest. If he receives an annual return of \$1600, how much is invested at each rate?

### Math

An executive invests \$24,000, some at 7% and some at 5% annual interest. If he receives an annual return of \$1600, how much is invested at each rate?

### college algebra

an executive invests \$29,000 some at 7% and some at 6% annual interest. if he receives an annual return of \$1870, how much is invested at each rate?

### college algebra

An executive invests \$22,000, some at 8% and some at 6% annual interest. If he receives an annual return of \$1,680, how much is invested at each rate?

### college algebra

An executive invests \$29,000, some at 8% and some at 4% annual interest. If he receives an annual return of \$1,680, how much is invested at each rate?

### College Algebra

An executive invests \$26,000, some at 8% and some at 6% annual interest. If he receives an annual return of \$1,800, how much is invested at each rate?

I can't figure this out, please help... 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 ...

### Essex

An investment club placed \$33,000 into two simple interest accounts. On one account, the annual simple interest rate is 6.5%. On the other, the annual simple interest rate is 4.5%. How much should be invested in each account so that both accounts earn the same annual interest?

### math

An investment club placed \$36,000 into two simple interest accounts. On one account, the annual simple interest rate is 8.5%. On the other, the annual simple interest rate is 3.5%. How much should be invested in each account so that both accounts earn the same annual interest?

### algebra

Alice puts money into two accounts, one with 2% annual interest and another with 3% annual interest. She invests 3 times as much in the higher yielding account as she does in the lower yielding account. If her total interest for the year is \$27.50, how much did she invest in ...

Suppose Joan has \$5,000 to invest. The banks are offering 3.10% interest. Bank A compounds interest continuously, while Bank B compounds interest semiannually. Answer these questions regarding which bank Joan should invest her money in, to accrue the greatest return. How much ...

### MATH

Please help check my answers to make sure they are correct. I used the "sinking fund payment and present value of an ordinary annuity" formulas to solve this story problem. Thanks! Story: Naomi Dexter is 20 years old. She decides to investigate several ways to accumulate \$1 ...

### Math

Please help check my answers to make sure they are correct. I used the "sinking fund payment and present value of an ordinary annuity" formulas to solve this story problem. Thanks! Story: Naomi Dexter is 20 years old. She decides to investigate several ways to accumulate \$1 ...

### Math

Nico was stunned when he opened the mail. Here was a check for \$322.50! This was the interest he earned on his investment. One year ago Nico had been given \$5,000. His parents made him put it in the bank and save it for college, but they said he could keep the interest it ...

### math

how much money would have to be invested in an account at 3.98% annual interset to achieve a balance of 25,000 in 17 years if a. The account pays simple interest b. the account compound interest qrtly c. the account compounds interest continuously

### MATH FOR LIBERAL ARTS

Maria just inherited \$10,000. Her bank has a savings account that pays 4.2% interest per year. Some of her friends recommended a new mutual fund, which has been in business for three years. During its first year, the fund went up in value by 12%; during the second year, it ...

### Math

If you deposit P dollars into a bank account paying an annual interest rate r, with n interest payments each year, the amount A you would have after t years is A=P(1+r/n)^nt. Kevin places \$100 in a savings account earning 6% annual interest, compound quarterly. If Kevin adds ...

### Simple Interest

The Johnsons have saved \$45,000. They invest their money in a bank and thei account earns 7.5% interest. How many years will it take to earn \$74,000? *PLEASE PROVIDE AN EXPLANATION*

### Algebraic inequalities

Julie earned a \$1500 bonus at work for doing a good job. She placed part of the money in a regular savings account earning 2.5% annual interest. She placed the remaining amount in a money market account earning 5% interest annually. At the end of the year she earned four times...

### Algebraic inequalities

Julie earned a \$1500 bonus at work for doing a good job. She placed part of the money in a regular savings account earning 2.5% annual interest. She placed the remaining amount in a money market account earning 5% interest annually. At the end of the year she earned four times...

### math

A local bank offers an investment option with a simple interest rate of 3.60% per annum. If you invest \$3200.00, how much interest will you earn in 7 years?

### Discrete Mathematics

You put \$1,000 into your bank account with a 5% annual simple interest rate. How much money will you have after three years?

### University of North Dakota

an investment club placed \$33,000 into two simple interest accounts. On one account, the annual simple intrest rate is 9.5%. On the other, the simple interest rate is 1.5%. How much should be invested in each account so that both accounts earn the same annual interest?

### Discrete Mathematics

You put \$1,000 into your bank account with a 5% annual interest rate compounded quarterly. How much money will you have after three years?

### math

You deposit \$6,700 in a money-market account that pays an annual interest rate of 3.3%. The interest is compounded quarterly. How much money will you have after 4 years?

### Math

You deposit \$6,700 in a money-market account that pays and annual interest rate of 3.3%. The interest is compounded quarterly. How much money will you have after 4 years

### math

You deposit \$7,900 in a money-market account that pays an annual interest rate of 4.3%. The interest is compounded quarterly. How much money will you have after 3 years?

### math

Julia invests \$80,000 in an account which pays 5.97% interest compounded quarterly. After 20 years and 6 months, how much money will she have in the account?

### math

I have been staring at this problem forever, and cant seem to dig it up in my book. Please help! Two competing bank are trying to attract customers. (a) Ally Bank has an account which earns 25% interest every 10 years. Assuming the interest is compounded weekly, find both the ...

### Maths B

Kate is thinking about investing \$45000 for 5 years. She deposits her money into an account which earns interest paid quarterly at a rate of 3.99% p.a. After 1½ years, Kate withdraws her investment (including interest) and deposits the full amount into a different account ...

### Math

Kenny will invest \$16,000 in an account with an annual interest rate of 5% and the interest is compounded quarterly. How much money will be in the account in 7 years? How will I set this up?

### Math

A bank offers two interest account plans. Plan A gives you 6% interest compound annually. Plan B gives you 13% annual simple interest. You plan to invest \$2,000 for the next 4 years. Which account earns you the most interest (in dollars) after 4 years? How much will you have ...

A bank offers two interest account plans. Plan A gives you 6% interest compounded annually. Plan B gives you 13% annual simple interest. You plan to invest 2,000 for the next 4 years. Which account earns you the most interest (in dollars) after 4 years? How much will you have ...

### algebra HELP ASAP

If \$13,000 is deposited in a bank account paying 6% compounded quarterly, what amount will be in the account after 8 years? How much interest will be earned during the 8 years? The amount after 8 years will be \$___ How much interest will be earned during the 8 years? _____

### MAAAATTTTHHHHHH

Franco invests some money at 6.9%/a compounded annually and David invests some money at 6.9%/a compounded monthly. After 30 years, each investment is worth \$25 000. Who made the greater original investment and by how much?

### Math

Emma receives \$7750 and invests it in an account that earns 4% interest compounded continuously. What is the total amount of her investment after 5 years?

### Math

Please check my work, thank you If \$7,800 is deposited into an account paying 6% interest compounded annually (at the end of each year), how much money is in the account after 2 years? A=\$8,268.00 Rewrite the statement, using percent notation. Out of every 100 eligible people...

### algebra or algebra1

A man invests 10,000 dollars in two accounts, the first yielding 4 percent annual interest and the second, 5 percent. If x dollars is invested in the first account, how much annual interest does the man earn on his investement

### algebra 1

A man invests 10,000 dollars in two accounts, the first yielding 4 percent annual interest and the second, 5 percent. If x dollars is invested in the first account, how much annual interest does the man earn on his investement?

### algebra

an executive invests \$35000, some at 9% and some at 7% annual interest. If he receives an annual return of \$2910, how much is invested at each rate

### Math help! Check my answers ASAP!

1. Which graph most likely describes the distance a person walks in a 24-hour period? (1 point) a. Graph IV** b. Graph II c. Graph I d. Graph III 2. A car traveling at 25 mi/h accelerates to 48 mi/h over the first 5 seconds. It maintains that speed for the next 5 seconds, and ...

### Math

Mark put \$3290 into a bank that offered 3% interest rate compounded monthly. Mark kept the money in this account for 9 years and then moved all this money to a new account that offered 6% interest rate compounded weekly. Do not round any numbers until you get to an answer. How...

### Math

(a) Themba wants to deposit a sum of money into a savings account so that he will have R30 000 in 3 years time for an overseas holiday how much money must he deposit into the account if the interest paid on the savings is 8,5% p.a (b) R1 000 is deposited in a savings account ...

cindy earns 6% simple interest each year on her savings account. if she has \$850 in her account and leaves the money in there for 5 years. how much interest will the money earn? what is the new balance in cind's account?

### math

Riley invests \$100 in the year 2000. The account is compounded annually. The account earns 3% interest for a period of 30 years. After 30 years, how much money will be in the account?

### math

Starting from today, every month you save \$500 into a bank account with earns interest at an annual rate of 4%. How much money do you have in the account at the end of 4 years?

### calculus

Suppose \$5000 is deposited in a bank account that compounds interest four times per year. The bank account contains \$9900 after 13 years. What is the annual interest rate for this bank account?

### math

Samantha opened a savings account and deposited some money into the account. The account pays an annual simple interest rate of 5%. After 9 years, the interest earned on the account was \$1,800. How much money did Samantha deposit in the account?

### Math

Are these correct ?. My grade counts on this and I'm not the best at math. I. Interest is ____?. (1pt) a. The amount of money your bank pays you for the use of only your money. b. The amount you might pay for a loan. * c. A percentage rate. d. All of the above. II. When ...

### Maths (Investments)

Kate is thinking about investing \$60 000 for 4 years. She deposits her money into an account which earns interest paid semiannually at a rate of 7% p.a. After 2½ years, the interest rate drops to 5.6% p.a. and stays constant for the remainder of the investment period. Use ...

### Maths Investments

Kate is thinking about investing \$60 000 for 4 years. She deposits her money into an account which earns interest paid semiannually at a rate of 7% p.a. After 2½ years, the interest rate drops to 5.6% p.a. and stays constant for the remainder of the investment period. Use ...

. George Wilkins checked the spreadsheet where he keeps track of his assets and liabilities. He discovered that (i) he owes \$80,000 on his house, which he believes to be worth \$150,000; (ii) his car is worth \$20,000, against which there is \$2,000 on the remaining bank loan; (...

### algebra

An investor wants to receive \$1,000 dollars annually from two investments. He has put \$4,500 in money market account 4% annual simple interest. How much should he invest in a stock fund that pays 10% annual simple interest to achieve this goal?

### math

Suppose \$5000 is deposited in a bank account that compounds interest four times per year. The bank account contains \$9900 after 13 years. What is the annual interest rate for this bank account? i already set it up but i don't know where to go from there. Please help

### math

Suppose \$5000 is deposited in a bank account that compounds interest four times per year. The bank account contains \$9900 after 13 years. What is the annual interest rate for this bank account? i already set it up but i don't know where to go from there. Please help

### Finance Management

How do I solve this problem using net present value and internal rate of return methods? Julie Kowalis, an investment analyst, wants to know if her investments during the past four years have earned at least a 12% return. Four years ago, she had the following investments:She ...

### Finance

Your friend claims that he invested \$5,000 seven years ago and that this investment is worth \$38,700 today. For this to be true, what annual rate of return did he have to earn? Assume the interest compounds annually.

### 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 annually. Which statement below best describes the ...

### math

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, B, in the account after t years b. what is the...

### math

v(t)= Ce^(k(square root(t)) Suppose that the dealer, who is 25 years old, decides to sell the card at time , sometime in the next 40 years: 0< or equal to t < or equal to 40. At that time , he’ll invest the money he gets for the sale of the card in a bank account that ...

### lim

I'm completely drawing a blank on how to do this. A woman has \$500,000 invested into two real estate properties. One yields an annual return on 12% and the other returns 15% per year on her investment. Her total annual return from the two investments is \$64,500. If X ...

### college algebra

I'm completely drawing a blank on how to do this. A woman has \$500,000 invested into two real estate properties. One yields an annual return on 12% and the other returns 15% per year on her investment. Her total annual return from the two investments is \$64,500. If X ...

### Finance

7. Today you open a bank account and make a deposit of \$6,000. Then you make the following deposits: in t=1 you deposit \$6,500, in t=2 \$45,000, in t=3 nothing, in t=4 nothing, in t=5 \$7,000, in t=6 \$8,700. You made your last deposit of \$34,000 in t=7. Then, in t=10, you use ...

### math

jake put \$ 600 in the bank for 4 years at 2.5% interest a) how much interest will he earn after three years b) what is the total amount in his bank account at the end of three years

### Finance

. (TCO 3) Mark deposited \$1,000 today, in an account that pays eight percent interest, compounded semi-annually. Which one of the following statements is correct concerning this investment? (Points : 3) Mark will earn more interest in year 4 than he will in year 3. Mark will ...

### 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...

### value of money

You want to have \$1,000,000 in your bank account when you turn 65 years old. Today is your 20th birthday. As a birthday present you received \$27,000 and you want to invest this amount. At what annual interest rate must you achieve to realize this goal?

### Math

Thor invests some money in an account earning 8% interest, compounded continuously. After how many years will he double his investment? [Use the formla A = Pert and round answer to the nearest tenth.] A) 6.2 years B) 7.5 years C) 8.7 years D) 9.9 years "I think the answer is B"

### Finance

Walmart wishes to determine the rate of return of an investment made four years ago for \$25 000 and currently has a market value of \$31 500. During the current year the investment generated cash flows of \$1000. Required: What is the rate of return on the investment?

### Algebra

An investment adviser invested \$14,000 in two accounts. One investment earned 5% annual simple interest, and the other investment earned 2.5% annual simple interest. The amount of interest earned for 1 year was \$540. How much was invested in each account?

### MATH

An investment adviser invested \$14,000 in two accounts. One investment earned 7% annual simple interest, and the other investment earned 5.5% annual simple interest. The amount of interest earned for 1 year was \$884. How much was invested in each account?

### algebra

An investment adviser invested \$14,000 in two accounts. One investment earned 4% annual simple interest, and the other investment earned 2.5% annual simple interest. The amount of interest earned for 1 year was \$458. How much was invested in each account?

### math

An investment adviser invested \$14,000 in two accounts. One investment earned 4% annual simple interest, and the other investment earned 2.5% annual simple interest. The amount of interest earned for 1 year was \$458. How much was invested in each account?

### math

An investment adviser invested \$14,000 in two accounts. One investment earned 4% annual simple interest, and the other investment earned 2.5% annual simple interest. The amount of interest earned for 1 year was \$458. How much was invested in each account

### math

An investment adviser invested \$14,000 in two accounts. One investment earned 4% annual simple interest, and the other investment earned 2.5% annual simple interest. The amount of interest earned for 1 year was \$458. How much was invested in each account

### college algebra

an investor has a total of \$24,900 deposited in three different accounts which earn annual interest rate of 7%, 6%, and 4%. the amount deposited in the 7% account is twice the amount in the 6% account. if the three accounts earn a total annual interest of about \$1412 how much ...

### college algebra

and investor has a total of \$24,900 deposited in three different accounts which earn annual interest rate of 7% 6% and 4%. the amount deposited in the 7% account is twice the amount in the 6% account. if the three accounts earn a total annual interest of \$1412 how much money ...

### Precalc

suppose you want to invest \$60,000 for ten years. You can invest your money in a CD that earns 4% interest, compounded quarterly and has no risk, or you can invest your money in futures that ear 10% interest, compounded quarterly. However, the second investment has a 25% ...

### math 141

Maria just inherited \$10,000. Her bank has a savings account that pays 4.1% interest per year. Some of her friends recommended a new mutual fund, which has been in business for three years. During its first year, the fund went up in value by 11%; during the second year, it ...

### finance

HMS actually invested \$100,000 5 years ago at a7.5 percent annual interest rate. If he invests an additional \$1,500 a year at the beginning of each year for 20 years at the same 7.5 percent annual rate, how much money will HMS have 20 years from now?

### math

A mother wnats to invest \$6,000 for her son's future education. She invests a portion of the money in a bank certificate of deposit which earns 4% and the remaainder is a savings bond that earns 7%. If the total interest earned after one year is \$360.00, how much money was ...

### math

Barry heard in his Personal Finance class that he should start investing as soon as possible. He had always thought that it would be smart to start investing after he finishes college and his salary is high enough to pay the bills and to have money left over. He projects that ...

### Alg2

Help....Help... Suppose you deposit a principal amount of p dollars in a bank account that pays compound interest. If the annual interest rate r (expressed as a decimal) and the bank makes interest payments n times every year, the amount of money A you would have after t years...

### Alg 2

Suppose you deposit a principal amount of p dollars in a bank account that pays compound interest. If the annual interest rate r (expressed as a decimal) and the bank makes interest payments n times every year, the amount of money A you would have after t years is given by ...

### algebra 2

You invest \$100,000 in an account with an annual interest rate of 4.5%, compounded semiannually. How much money is in the account after 10 years? Round your answer to the nearest whole number.

### Mathematics and investment

1. Angelo wants to renovate his house in 3 years. He estimates the cost 300,000. How much must Angelo invest now at 8% compounded quarterly in order to have 300,000 3 years from now. 2. Angelo Ancis want to save 500,000 in 5.5 years to renovate their rest house. If the bank is...

### Finite Math and Applied Calculus

Betty Sue sets up a retirement account. For the first 35 years, she deposits \$500 at the end of each month into an account with an annual interest rate of 3.6%, compounded monthly. Then, she stops making monthly payments and transfers the money into a di fferent account with ...

### math

If you put \$ 6,000 in a savings account that pays interest at the rate of 4 percent, compounded annually, how much will you have in five years? (Hint: Use the future value formula.) How much interest will you earn during the five years? If you put \$ 6,000 each year into a ...