# money in an account earns interest at a continuous rate of 8 per year

52,452 results, page 40

### Accounting

You own a gas pipeline that requires no maintenance and will produce \$2 million of revenue next year. Unfortunately, the volume of gas is expected to decline by 4.0% per year. a.If the discount rate is 11.0% and the pipeline lasts forever, what is it worth today? b.If the ...

### Accounting.

At what rate of interest compounded semi-annually will payments of birr 3500 per every six months for 12 years discharge a current debt of birr 35000 ?

### algebra

two investments were made totaling \$15,000. for a certain year these investments yielded \$1432 in simple interest. part of the \$15,000 was invested at 9% and part at 10%. find the amount invested at each rate. a total of \$1150 was invested, part of it at 12% and part at 11%. ...

### Applied College Msthematics

jennifer stemberg borrowed money to buy a car at 13.5% simple interest from her credit union. If the loan was repaid in 2 years and the amount of interest was \$ 2,700, how much did jennifer borrow?

### Accounting

How does the frequency of interest compounding, regardless of the rate of interest or period of accumulation, affect the future value of any given amount?

suppose you invested \$1200 for four years. you earned \$312 in simple interest. what is the interest rate?

### math

At a simple annual interest rate of 4.5%, how many years will it take Sam to earn \$135 interest on an original deposit of \$1,000?

### real estate

Mile and Rosalyn borrow \$70,000 to purchase a home. If the monthly interest payment is \$787.50. What is the rate of interest?

### Math

My question is about calculating simple interest. How do you find the principal, rate, time,or interest when solving such problems?

### interest

Based on simple interest, find the total amount saved or owed. principal = \$1700; rate = 6%; time = 5 years

### math

Compute the monthly payments for an add-on interest loan of \$850, with an annual interest rate of 15 percent and a term of 4 years.

### Math

Montel loaned \$6800 to a friend for 13 months at an annual rate of 7.7% simple interest. How much interest did the borrower owe?

SIMPLE INTEREST EARNED TO THE NEAREST CENT FOR EACH PRINCIPAL, INTEREST RATE, AND TIME. 1500,4.25%, 4 YEARS

### Math

The parents of twin boys started a college fund when the boys were 5 years old. They decided to invest \$6,000 into an account that compounds quarterly at a rate of 8.6% annually. If the parents do not invest any additional money into this fund, how much will each of the boys ...

### Math

Barbara had \$123.54 in her checking account. she made a deposit of \$45.62. when she went shopping later that day, she saw a coat she really wanted. it was on sale for 40% off the original price of \$240. Assuming that she bought nothing else that day, does she have enough money...

### Credit and Taxes

Nancy Tai has recently opened a revolving charge account with MasterCard. Her credit limit is \$1000, but she has not charged that much since opening the account. Nancy hasn't had the time to review her monthly statement as promptly as she should, but over the upcoming weekend...

### math(urgent)

Mary invested \$30,000 in two accounts some at 12% per annum and the rest at 8% per annum. Her total interest for one years was \$ 3200.How much was invested at each rate ? solution : \$3200=P1 (0.12)(1)+ (3000-P1)(0.08)(1) P1= ? P2= 30000-P1 ? HOW to solve this because they have...

### Math

Please check double check me please. For the decimal 8.57932 What is the place value of 5? Ten Thousandths What is the place value of 2? Ones Write each of the following as a common fraction or mixed number 4.0171 Answer: 4 171/10,000 Arrange in order from smallest to largest ...

### math

develop an equation and a set of 5 ordered pairs for equation: 1. the amount a sales person earns is a flat rate plus commission. 2. the volume of fuel in a snowmobiles tank related the distance travelled. 3. the cost of a hotel room is a flat fee plus a fee per adult occupant...

### College Mathematics

Guys, could you please help me with this problem? I'm a bit lost. Consider a population that begins growing exponentially at a rate of 5% per year and then follows a logistic growth pattern. If the carrying capacity is 100 million, find the actual growth rate when the ...

### accounting

On December 31, 2008, University Theatres issued \$500,000 face value of bonds. The stated rate is 6 percent, and interest is paid semiannually on June 30 and December 31. The bonds mature in 10 years. Required: If required, round your answers to the nearest whole dollar. ...

### calculus

Based on data from 1993 to 2000, the rate of change in the annual per capita personal income in New Mexico may be modeled by R(t)= 8.45t2 + 45.94t + 723.00 dollars per person per year, where t is the number of years since the end of 1993. (Source: Modeled from Bureau of ...

### Algebra

an investment of 72,000 was made by a business club. the investment was split into three parts and lasted for one year. the first part of the investment earned 8% interest. the second 6% and the third 9%. total interest from the investments was \$5640. the interest from the ...

### Precalc

An investment of \$37,000 was made by a business club. The investment was split into three parts and lasted for one year. The first part of the investment earned 8% interest, the second 6%, and the the third 9%. Total interest from the investments was \$3030. The interest from ...

### Math/Compound Interest

1. Use the compound interest table to find the compound amount earned on a \$5,900 deposit for 10 years at 10% compounded semiannually. _____________________________________ A. 9,610.45 b. 15,654.47 c. 3,710.45 d. 12,375.66 2. Megan deposited \$6,000 in an account that pays 4% ...

### Finance

Ken Braden estimates that taking some classes would result in earning \$3,500 more a year for the next 30 years. Based on an annual interest rate of 5 percent, calculate the future value of these classes.

### finance

You currently have \$22,500 in your retirement account. What annual rate of return will you need to make on your investment in order to have \$1,000,000 in the account on your 60th birthday? Will investing in CDs get you to your goal?

### 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

Asha deposited sh. 280,000 into the bank.After 4 years her savings reached sh. 386,400.Find the amount of interest per year paid by the bank. #Please i need your help guys #

If real GDP per capita grows at a rate of 5% per year consistently over time, how many years would it take for it to double in size? 5 10 My answer 14 70 The purpose of indexing Social Security payments to the CPI is to ______. increase corporate profits justify continued ...

### algebra

an investment of \$50,000 was made by a busines club. the investment was split into three parts and lasted for one year.the first part of the investment earned 8% interest, the second 6%, and the third 9%. total interest from the investments was \$3960. the interest from the ...

### Brokport

An investment of \$180,000 was made by a business club. The investment was split into three parts and lasted for one year. The first part of the investment earned 8% interest, the second 6%, and the third 9%. Total interest from the investments was \$8520. The interest from the ...

### accounting

Adjusting entries. You have been retained to examine the records of Kathy's Day Care Center as of December 31, 20X3, the close of the current reporting period. In the course of your examination, you discover the following: •On January 1, 20X3, the Supplies account had a ...

### Math

Can you please explain step by step on how to do each of these two problems below? And then tell me whether it involves an arithmetic sequence or a geometric sequence I also need the work shown out for both problems thank you. 1). A person hired a firm to build a CB radio ...

Daniel is climbing up a cliff at a rate of 2 meters per minute. What is his rate in feet per hour? A. about 36.6 feet per hour B. about 98.4 feet per hour C. about 197 feet per hour D. about 394 feet per hour

Daniel is climbing up a cliff at a rate of 2 meters per minute. What is his rate in feet per hour? A. about 36.6 feet per hour B. about 98.4 feet per hour C. about 197 feet per hour D. about 394 feet per hour

### Algebra

Suppose that the number of bacteria in a certain population increases according to a continuous exponential growth model. A sample of 1000 bacteria selected from this population reached the size of 1274 bacteria in five hours. Find the hourly growth rate parameter. Note: This ...

### math

A factory increases the production of cars annually by 5%. If presently it manufactures 610, 000 cars per year, how many cars will it manufacture per year after 3 years

### math

A factory increases the production of cars annually by 5%. If presently it manufactures 610, 000 cars per year, how many cars will it manufacture per year after 3 years

### math

Please help: A continuously compounded account starts with \$2500 in principal. The annual interest rate is 11.3%. What is the balance after 15 years? pert: Value= Principal*ert = 2500* e0.11(15) = 2500 * e1.65 wow. thanks

### Pre.Calc

You want to make an investment in a continuously compounding account over a period of ten years. What interest rate is required for your investment to double in that time period? Round the logarithm value to the nearest hundredth and the answer to the nearest tenth. -I don't ...

### accounting

In determining the viability of a strategic investment, several pieces of information are required, including the cost of the project, the projected cash flows, and the discount, or interest, rate. In the Guillermo Furniture Scenario, which costs would you NOT consider, and ...

### algebra 2

Can you find the error for me in this equation, find the explicit formula, evaluate the formula for n? I think the error is in the a2-a1 formula.and the -62.50. I know the pattern is 62.50 paid per month. Your uncle loaned you some money and did not charge interest. The amount...

### Finance

Firm is contemplating the purchase of a new warehouse inventory management system which will cost 3,600,000 at the end of its 8 year life. The warehouse management system will be depreciated straight line to 300,000 over its 8 year life. It is estimated it will reduce costs by...

### Economics

A 20-year-old student decided to set aside \$100 on his 21st birthday for investment. Each subsequent year through his 55th birthday, he plans to increase the investment on a \$100 arithmeticgradient. Hewill not set aside additional money after his 55th birth- day. If the ...

the population of a town is decreasing at a rate of 1.8% per year. The current population of the own in 12000. a)write and equation that models the population of the town b)how long will it take for the population to decline to one quarter of its current population? c)...

### Accounting

Your client Anjelica Seeds wants to purchase a Burg-N-Fry franchise. The buy-in is \$500,000. Burg-N-Fry headquarters tells Anjelica that typical annual operating costs are \$160,000 (all cash) and that she can bring in “as much as” \$260,000 in cash revenues per year. Burg-N...

### Algebreic Expressions

One third as many books Earns \$13 per hour

### Calculus

The relationship between the amount of money x that Cannon Precision Instruments spends on advertising and the company's total sales S(x) is given by the following function where x is measured in thousands of dollars. S(x) = -0.002x3 + 0.9x2 + 4x + 500 (0 x 200) Find the rate ...

### accounting

4. Suppose a Midwest telephone company and telegraph MTT company bond maturing in one year can be purchased today for \$975 assuming that that the bond is held until maturity the investor will receive \$1000 principal plus 6 percent interest that is 0.06x \$ 1000= 60 determine ...

### accounting and finance

1.Yukon Bike Corp. manufactures mountain bikes and distributes them through retail outlets in Canada, Montana, Idaho, Oregon, and Washington. Yukon Bike Corp. has declared the following annual dividends over a six-year period ending December 31 of each year: Year 1, \$28,000; ...

### Consumer Math

On retirement Victor was offered the option of receiving monthly payment of \$1674.08 or a lump-sum payment of \$150667 a) What are the respective incomes per annum of each option if the lump sum can be invested at 11.5% p.a. b) At what interest rate must the lump sum be ...

### Math

. Mark pays \$4.68 for 0.72 of a pound of almonds. Based on this cost ratio, which statement is true? A. Mark pays a rate of \$3.37 per pound of almonds. B. Mark pays a rate of \$3.96 per pound of almonds. C. Mark pays a rate of \$5.40 per pound of almonds. D. Mark pays a rate of...

### Math

A man collected \$28500 on a loan of \$25000 he made 4 years ago. If he charged simple interest, what was the yearly interest rate?

### algebra

a loan of 22,823 was repaid at the end of 12 months. What size repayment check (principal and interest) was written , if a 10.7 % annual rate of interest?

### algebra

a loan of 22,823 was repaid at the end of 12 months. What size repayment check (principal and interest) was written , if a 10.7 % annual rate of interest?

### Sardhanand barbigha mathematics

Principal-Rs300. Time-3 years .simple interest-Rs 45 then find how much the yearly hundreds of interest rate

### Math

An investment of \$2050 at a rate 2% interest earned in 164 in simple interest. Find the length of the time it was invested for My answer: 4 months

### Math

Find the number of years needed to realize a total interest of \$5000 if the principal saved is 10000 at a simple interest rate of 10%

### Mathematics

what is the time and half a rate for postal worker who regulary earns \$11.75 an hour

### msth

you are planning for your kids future education. he is 8 years old now and will start in ten years. How much will you have to set aside each year in order to have 65,000.00 if the interest rate is 7%.

### math

Mr. Smith is purchasing a \$190000 house. The down payment is 20% of the price of the house. He is given the choice of: (A) a 20-year mortgage at a rate of 6%. Find: (i) The monthly payment: \$ (ii) The total amount of interest paid: \$

### Algebra

The given graph represents the number of active servicemen in the region who are overweight. There were 3320 overweight servicemen in 1992, and 8310 overweight servicemen in 2002. Find the rate of change. The rate of change is ___? servicemen per year. (Type an integer or a ...

### Macroeconomics

Suppose the Fed wishes to use monetary policy to close an expansionary gap. a. Should the Fed increase or decrease the money supply? b. If the Fed uses open-market operations, should it buy or sell government securities? c. Determine whether each of the following increases, ...

### Finance

You are given the choice of \$4,000 in extra taxable income per year or a tax-exempt medical policy. The medical policy costs \$300 per month. Your tax rate is 25%. Considering financial factors only, should you take the cash or the medical policy?

### Math

Ken started the day with some money in is pocket. After he took some money out of his bank account, he had \$4 more than twice the amount he started with. He then received a birthday present which doubled the amount of money he had with him. Ken now had \$100 in his pocket. How ...

### finiance

WM3 is a company who is looking to expand. There is a potential deal with a furniture company but MW3 is not sure if they should take this deal. The furniture company is offering a 4 year contract for 100,000 units per year at a fixed price of \$55.50 per unit. WM3 has ...

### Pre-Cal

This exercise is based on the following table, which lists interest rates on long-term investments (based on 10-year government bonds) in several countries in 2008. Assuming that you invest \$12,000 in the Japan(1.5%), how long (to the nearest year) must you wait before your ...

### Algebra

A car dealer will sell you a used car for \$5709 with \$709 down and payments of 233.75 per month for 24 months. What is the simple interest rate? Rounded to the nearest tenth.

### math

George finds a company that charges 59 cnets per day for each 1000 borrowed. if he borrows 3000 for 60 days, what amount will he repay, and what annual interest rate will he pay the company?

### maths

Ratna obtained a loan of â‚¹25000 from the bank to renovate her house. If the rate of interest is 8% per annum, what amount will she have to pay to the bank after 2 years to discharge her debt.

### Math

I am purchasing a car for \$8,500. I have a loan for the purchase with a 9.2% annual interest rate compounded continuously and the loan will run for three years. How much do I pay per month?

### accounting

In recent years, there has been a lot of media coverage about the funding status of pension plans for state employees. In many states, the amount of money invested in employee pension plans is far less than the amount estimated to be needed to pay them the retirement benefits ...

### finance

You note the following yield curve in The Wall Street Journal. According to the unbiased expectations theory, what is the 1-year forward rate for the period beginning one year from today, 2f1? (Round your answer to 2 decimal places.) Maturity Yield One day 2.50% One year 6.00 ...

### accounting -annual amount

The exhaust-gas temperature leaving a continuously operating furnace is 260°C, and a proposal is being considered to install a heat exchanger in the exhaust-gas stream to generate low-pressure steam at 105°C. the question to be investigate is whether it is economical to ...

### accounting -annual amount

The exhaust-gas temperature leaving a continuously operating furnace is 260°C, and a proposal is being considered to install a heat exchanger in the exhaust-gas stream to generate low-pressure steam at 105°C. the question to be investigate is whether it is economical to ...

### Math

An orchestra buys music stands for \$42 each with \$298 in its bank account. Write a function rule that shows how the account balance depends on the number of stands bought. What are the initial value and rate of change of the function?

### Math Refinancing Question

A person purchased a \$205,107 home 10 years ago by paying 10% down and signing a 30-year mortgage at 8.1% compounded monthly. Interest rates have dropped and the owner wants to refinance the unpaid balance by signing a new 15-year mortgage at 4.5% compounded monthly. How much ...

Taxes: Along with incomes, peoples charitable contributions have steadily increased over the past few years. The table shows the average deduction for charitable contributions reported on individual income tax returns for the period 2007 to 2012. Find the average rate of ...

### Finance

Bond Pricing: A 6-year Circular File bond pays interest of \$80 annually and sells for \$950. What is its coupon rate, current yield, and yield to maturity? Bond Pricing : If the Circular File wants to issue a new 6-yar bond at face value, what coupon rate must the bond offer?

### plz help=math

Early last year, the Zoe Growth Fund ran advertisements in the financial pages of major newspapers. The "ad" had primarily empty space containing the simple message: \$20,000 INVESTED IN ZOEINVESTMENT GROWTH FUND IN 1962 WOULD BE WORTH \$9.40 MILLION TODAY What compound annual ...

### math

the additional month of interest (note that the problem specifies 2% simple interest per month)? As a professional photographer, Marion has seen the trend away from film cameras as customers purchase low-end digital cameras and printers in order to avoid processing fees ...

### math

Can someone please double check my answers. 1. What pattern does the logarithmic function exhibit? a. y = b+a(lnx) b. y = a+b(lnx) c. y = ax+b d. y = axb I think A and B both look right..I just went with B. 2. Let f(x) = log6x and g(x) = log1/2x. For all x>1, f(x)>g(x) ...

### Math

Can someone please double check my answers. 1. What pattern does the logarithmic function exhibit? a. y = b+a(lnx) b. y = a+b(lnx) c. y = ax+b d. y = axb I think A and B both look right..I just went with B. 2. Let f(x) = log6x and g(x) = log1/2x. For all x>1, f(x)>g(x) ...

### maria vazquez

Sonoma winery has fixed cost of \$10,000 per year. its warehouse sells wine with variable costs of 80% of its unit selling price. How much in sales does Sonoma need to break even per year?

### math

Amount of an investment. The amount of an investment of P dollars for t years at simple interest rate r is given by A  P  Prt. a) Rewrite this formula by factoring out the greatest common factor on the right-hand side. b) Find A if \$8300 is invested for 3 years at a simple ...

### Financial maths

Tim buys unit trusts for R25 000 after eight years he sells them R63 000 (a)calculate a compound interest rate that would yield the same return (b)calculate a simple interest rate that would provide the same growth

### Mathematics

Patrick invests a sum of money for 2.5 years at 12% p.a. compounded monthly. If he earns \$11305 after 2.5 years, how much is his investment?

### ~~~Math~~~~~~~~

Patrick invests a sum of money for 2.5 years at 12% p.a. compounded monthly. If he earns \$11305 after 2.5 years, how much is his investment?

### Finance

3. Your firm is considering buying a new machine that costs \$200,000, is expected to generate \$110,000 in new revenue each year and will cost \$45,000 a year to operate. If your firm's marginal income tax rate is 35% what is the Net Cash Flow your firm will realize from the new...

### MacroEconomics

1. The money supply is \$1 trillion,the price level =2,and real GDP is \$5 trillion in base year dollars. What is the income velocity of money ?

### math

marla earned \$400.00 interest over 2 years on a \$4000.00 investment. jovita earned \$960.00 interest over 4 yars on her \$ 6000.00 investment. Who had the higher rate of interest?

### maths-urgently needed

the simple interest of certain amount for a period of 2 years is 400 . the compound interest for the same amount for the same period is 410. find the principal and rate of interest?

### math

On the first day in each month, Enid deposited \$4 into her bank account and Jim deposited \$3 into his. They opened these accounts on May 15, 1990. On December 31, 1990, they each had \$72 dollars in their account. How much did each person deposit on May 15? (Note: Neither ...

### more math

Every month, a girl gets allowance. Assume last year she had no money, and kept it up to now. Then she spends 1/2 of her money on clothes, then 1/3 of the remaining money on games, and then 1/4 of the remaining money on toys. After she bought all of that, she had \$7777 left. ...

### science

For a given area of land, the average rate of creep is 14 mm per year. How long will it take the area to move 1 m?

### engineering ecnonmics

A 20-year-old student decided to set aside \$100 on his 21st birthday for investment. Each subsequent year through his 55th birthday, he plans to increase the investment on a \$100 arithmeticgradient. Hewill not set aside additional money after his 55th birth- day. If the ...