# Jose invests \$3, 250 at 6% interest compounded annually. What will be the balance in the account after 3.5 years?

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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)

2. ## 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

3. ## Math

1) A 3, 300.00 principal earns 4% interest compounded annually. After three years, what is the balance in the amount? 2) A 6,000.00 Annable earns 8% annual interest compounded semiannually (twice per year) after 35 years, what is the balance in the

4. ## algebra

Tasha invests \$5,000 annually at 6% and \$5,000 annually at 8%. Thomas invests \$10,000 annually at 7%. Which statement accurately compares the two investments if interest is compounded annually?

Marcus invests \$8,000, at 8% interest, compounded annually for 15 years. Calculate the compound interest for his investment.

6. ## 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.

7. ## Algebra

A \$6,300.00 principal earns 6% interest, compounded annually. After 3 years, what is the balance in the account? a. \$1,360,800.00 b. \$7,503.40 c. \$7,434.00*** d. \$25,804.80

8. ## Math Check My Work Please 2

15. Lisa takes a loan of \$10,500 at a 9% simple interest rate for 7 years. a. How much interest will she pay after 3 years? b. How much interest will she pay in total for the loan? \$2,835.00; \$6,615.00 \$8,280.00; \$9,720.00* \$13,598.00; \$19,194.00

9. ## Math - Ms. Sue, Check!

Jose invests \$3,250 at 6% interests compound annually. What will be the balance in the account after 3.5 years A:\$3,932.50 B:\$3,985.23 C:\$4,752.00 D:\$5,200.00 Is it B?

10. ## Math

Deana invests some money that earns interest compounded annually. At the end of the first year, she earns \$400 in interest. At the end of the second year, she earns \$432 in interest. a) what interest rate, compounded annually, is deana earning? b) how much

11. ## Algebra

Given the equation A=250(1.1)t, you can determine that the interest is compounded annually and the interest rate is 10%. Suppose the interest rate were to change to being compounded quarterly. Rewrite the equation to find the new interest rate that would

12. ## math

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

13. ## Math

Angela invests \$2,550 at 3% interest compounded annually. What will be the balance in the account after 1.5 years? A. \$2,626.50 B. \$2,664.75 C. \$2,665.61 D. \$4,792.50

14. ## math- pre calculus

you are depositing \$1000 dollars in a savings account and are given the following options. 6.2% annual interest rate, compounded annually 6.1% annual interest rate, compounded quarterly 6.0% annual interest rate, compounded continuously for each option,

15. ## algebra

You deposit \$500 in an account that pays 3% annual interest. Find the balance after 2 years if the interst is compounded with the given frequency. a) annually b) quarterly c) daily

16. ## Math

An investor puts ​\$700 in an account that pays 2​% interest compounded annually. Find the account balance after 8 years.

17. ## MATH

An investor puts ​\$500 in an account that pays 3​% interest compounded annually. Find the account balance after 6 years.

18. ## Math

you deposit \$1000 at 3% per year.what is the balance at the end of one year,and what is the annual yield,if the interest.Please help solve the problem. Simple interest? Compounded annually? Compounded quarterly Compounded daily

19. ## math

Jose invests money in two simple interest accounts. He invests twice as much in an account paying 10% as he does in an account paying 7%. If he earns \$94.50 in interest in one year from both accounts combined, how much did he invest altogether? Total

20. ## college

Joan wants to start an IRA that will have \$250,000 in it when she retires in 21 years. How much should she invest annually in her IRA to do this if the interest is 16% compounded quarterly?

21. ## Math

Adam takes a loan of \$8,250 at 7% simple rate for 5 years. a. How much internet will be paid after 3 years? b. How much interest will be paid in total for the loan? A. \$577.50; \$2,887.50 B. \$1,732.50; \$2,887.50 C. \$4,352.00; \$7,253.50 D. \$17,325.00

22. ## Algebra

Show how you substitute the values into the formula, then use your calculator. *Use A = P(1+r/n)nt to find the amount of money in an account after t years, compounded n times per year. *Use I = Prt to find the amount of simple interest earned after t years

23. ## Math

Solve the problem. Round to the nearest cent. Joan wants to have \$250,000 when she retires in 27 years. How much should she invest annually in her annuity to do this if the interest is 7% compounded annually? A) \$1861.10 B) \$3356.43 C) \$2672.15 D) \$937.86

24. ## Math help

a \$6000 principal earns 8% interest compounded semi annually after 35 years what is the balance

25. ## math 10

Theo deposited \$1,250 in a savings account that pays 6% interest, compounded quarterly. What was his balance at the end of the second quarter after the interest had been added?

26. ## Finance

A man stipulates in his will that \$50000 from his estate is to be placed in a fund from which his three children are to each receive the same amount when they reach age 21. When the man dies (on January 2010), the children are aged 19, 15 and 13. The fund

27. ## finance

Jose invests \$4000 in an investment account paying 8% annually for 12 years. Suppose the interest was compounded quarterly instead of annually. How much would the future value of the investment increase? Enter your answer as a dollar amount, such as:

28. ## Math!

John invests \$2,975 at 4% interest compounded annually. What will be the balance in the account after 2.5 years? • \$3,272.50**** • \$3,281.48 • \$5,493.86 • \$7,735.00 Am I Correct?

29. ## 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

30. ## 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

31. ## Algebra

I'm really stuck on these 2. Can you please explain the work clearly so that I can understand and find the answer easily, if already not given. Need help with these 2 please-- 19. Nancy invests \$100 in one account for 10 years at a 9% interest rate

32. ## math

Sally invests some money at 6%/a compounded annually. After 5 years, she takes the principal and interest and reinvests it all at a 7.2%/a compounded quarterly for 6 more years. At the end of this time, her investment is worth 14,784.56.how much did sally

33. ## Math [Interest]

Okay, so I've been away from school for three weeks, and we have a math test tomorrow. I only just found out, and my friend emailed me the review questions. If someone could help me out, and show me how to do this, I'd appreciate it. No, I do not want

34. ## PreCalc

Which investment option will pay the most interest? A. 12.6% compounded annually B. 12.4% compounded semiannually C. 12.2% compounded quarterly D. 12.0% compounded continuously E. These investments all pay the same amount of interest.

35. ## Math

Suppose Kevin and Jill both deposit \$4000 into their personal accounts. If Kevin’s account earns 5% simple interest annually and Jill’s earns 5% interest compounded annually, how much will each account balance show at the end of 5 years? Calculate the

36. ## math

You deposit \$400 in a savings account that earns 7% interest compounded annually. What is the function that represents your balance after t years?

37. ## math

An investor can earn 9.1% interest compounded semi-annually or 9% interest compounded monthly. Determine which option he should prefer?

Treasure Mountain International School in Park City, Utah, is a public middle school interested in raising money for next year's Sundance Film Festival. If the school raises \$2,989 and invests it for 1 year at 3% interest compounded annually, what is the

39. ## math

Jose invests \$3, 250 at 6% interest compounded annually. What will be the balance in the account after 3.5 years?

40. ## Math

Jose invests \$3,250 at 6% interest compounded annually. What will be the balance in the account after 3.5 years? Please give me the answers to the unit 5: Lesson 10: Patterns and rules unit test.

41. ## Math

jose invests 3,250 at a 6% interest compounded anually. What will be the balance in the account after 3.5 years. a. 3,032.50 b. 3,985.23 c. 4,752.00* d. 5,200.00 check plz

42. ## math

Jose invests 3250 dollars at 6% interest compounded annually. What will be the balance in the account after 3.5 years? A. 3932.50 dollars B. 3985.23 dollars C. 4752 dollars D. 5200 dollars

43. ## 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

44. ## Math Check!

John invests \$2,975 at 4% interest compounded annually. What will be the balance in the account after 2.5 years? • \$3,272.50**** • \$3,281.48 • \$5,493.86 • \$7,735.00

45. ## Math

Angela invests \$2,550 at 3% interest compounded annually. What will be the balance in the account after 1.5 years? A. \$2,626.50 B. \$3,636.69 C. \$2,665.61 D. \$4,792.50

46. ## Math!

John invests \$2,975 at 4% interest compounded annually. What will be the balance in the account after 2.5 years? • \$3,272.50 • \$3,281.48 • \$5,493.86 • \$7,735.00*** Am I Right?

47. ## Math

you deposit \$1000 at 3% per year.what is the balance at the end of one year,and what is the annual yield,if the interest.Please help solve the problem. Simple interest? Compounded annually? Compounded quarterly Compounded daily

48. ## Math

Juanita invests \$3,500, at 8% interest, compounded annually for 4 years?

49. ## math

Rob has a balance of 1695\$ in his bank account The account pays 2.9% interest per year, compounded annually. The compound interest formula is A=P(1+i)^n A=future value\P=principal/i+interest rate/n=number of payments rods balance will reach 3000\$ after how

50. ## college algebra

John invests \$2500 in an account that pays a rate r compounded annually. If after 2 years the total interest earned is \$650, find the approximate rate of interest

51. ## Math

Lois invests \$650 every 6 months at 4.6%/a compounded semi-annually for 25 years. How much interest will she earn after the 25th year?

52. ## 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?

53. ## math

Sally invests some money at 65/a compounded annually. After 5 years . she takes the principal and interest and reinvests it all at 7.2%/a compounded quarterly for 6 more years. At the end of this time, her investment is worth \$ 14 784.56 . How much did

54. ## math

Sally invests some money at 65%/a compounded annually. After 5 years . she takes the principal and interest and reinvests it all at 7.2%/a compounded quarterly for 6 more years. At the end of this time, her investment is worth \$ 14 784.56 . How much did

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

56. ## Math

Using the equation B=p(1+r)^n [B, Balance; p, principal deposit; r, rate; n, number of interest periods]. Find the balance when you have \$17,500 in the bank at 4.25% compounded annually for 6 years. I know the answer but not how to do it.

57. ## math

Marisa invests \$1650 for 3 years, at which time her investment is worth \$2262.7. What interest rate , compounded annually, would yield the same results? Found your answer to 2 decimal places.

58. ## 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

59. ## eng economic

Zaki invested RM1000 now and RM1500 2years from now. He invests RM2000 4 years from now at an interest rate of 8% compounded annually. Estimate total amount in 10 years.

60. ## Algebra

8. A balance of \$5,500.00 principal earns 3% interest, compounded annually. After 5 years, what is the balance in the account? 9. A car costs \$25,000 and depreciates in value by 15% each year. How much will the tractor be worth after 4 years?

61. ## Math!!! HELP

john invested \$2,975 at 4% interest compounded annually. what will be the balance after 2.5 years. i got this fr my answer \$7,735.00

62. ## Simple & Compounding Interest

Suppose Kevin and Jill both deposit \$4000 into their personal accounts. If Kevin’s account earns 5% simple interest annually and Jill’s earns 5% interest compounded annually, how much will each account balance show at the end of 5 years? Calculate the

63. ## math

simplify (8*10^7)(7*10^4) i think it's 5.6*10^10 simplify (3*10^6)(8*10^-4) i think it's 2.4*10^3 Astronomers measure large distances in light-years. One light-year 5.88*10^12 mi Star is 9.8*10^1 light years from Earth in scientific notation how many miles

64. ## Simple & Compounding Interest

I am SO STUCK on this problem... PLEASE HELP ASAP!!! Suppose Kevin and Jill both deposit \$4000 into their personal accounts. If Kevin’s account earns 5% simple interest annually and Jill’s earns 5% interest compounded annually, how much will each

65. ## mathematics

John invests RM25000 in an account for 8 years. The investment account pays 8% compounded semi-annually for the first three years and 10% compounded quarterly for the rest of the period. i. Calculate the future value of the investment ii. Compute the

66. ## 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=

67. ## Math

How much must you deposit in an account that pays 6% semi-annual interest, compounded annually, to have a balance of \$9000 in 15 years?

68. ## algebra 2

Barry Newman's savings account has a balance of \$2707. After 4 years, what will the amount of interest be at 5% compounded annually?

69. ## algebra II

Barry Newman's savings account has a balance of \$2707. After 4 years, what will the amount of interest be at 5% compounded annually?

70. ## Math

1. you deposit \$200 into a savings account with interest compounded. annually, the expression 200(1+R)^ 2, where R is the interest rate, gives the account balance after 2 years. Expand this expression and simplify. Find the account balance if R=0.04.

71. ## maths

Ty received a separation payment of \$25 000 from his former employer when he was 35-years old. He invested that sum of money at 5.5% compounded semi-annually. When he was 65, he converted the balance into an ordinary annuity paying \$6000 every 3 months

72. ## MATHS

A SUM OF MONEY IS KEPT IN A BANK AT 8% INTEREST COMPOUNDED ANNUALLY.HAD THE INTEREST BEEN AT 10% COMPOUNDED SEMI ANNUALLY THE AMOUNT AFTER 1 YEAR WOULD HAVE BEEN 225 MORE.WHAT WAS THE PRINCIPAL AMOUNT KEPT IN THE BANK?

73. ## maths-urgently needed

A man invests Rs 3,20,000 for 2 years at 12.5% p.a. compounded annually. If the income tax at the rate of 20% is deducted at the end of each year, on interest accrued, find the amount he received at the end of 2 years.

74. ## math

PLEASE HELP I WOULD REALLY APPRECIATE IT! 1. Write an expression to describe a rule for the sequence. Then find the 100th term in the sequence. 3,10,17,24,31,38 ANSWERS: A) n+7;707 B) 7n:700 C) 7n-4;696 ** D) 6n-4;596 2. Write a rule for the function

75. ## 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?

76. ## math

Please help iv been stuck on these for two days! 1. Write an expression to describe a rule for the sequence. Then find the 100th term in the sequence. 3,10,17,24,31,38 ANSWERS: A) n+7;707 B) 7n:700 C) 7n-4;696 ** D) 6n-4;596 2. Write a rule for the

77. ## Math and Finance

If May invests \$5,000 compounded annually at 8%, how much money will she have at the end of 8 years?

78. ## Math

Roman saves \$500 each year in an account earning interest at an annual rate of 4% compounded annually. How much interest will the account earn at the END OF THE FIRST THREE YEARS? I think I am confusing simple and compounded interest. The answer I got was

79. ## Math(Asap)

1. A 3,500.00 principal earns 3% interest, compounded semi annually. After 20 years, what is the balance in the account A. 7,700.00 B. 4,713.99 C. 5,600.00 D. 6,349.06 Steve, I got the second one. It was 18,112.45. But I still cannot get the first one.

80. ## Math

How much must you deposit in an account that pays 6% semi-annual interest, compounded annually, to have a balance of \$9000 in 15 years? I'm stuck with this question, please explain the steps for the answer.

81. ## Pre-Algebra

For an account that earns interest compounded annually, find the balance on the account to the nearest cent.

82. ## algebra

Homework Questions Attempts allowed Limits Points 7 Questions 3 No Time Limit 7 pts possible You're in the middle of taking this assessment. Resume Assessment Answer Back Next Question 6 of 7 (1 point) Jose invests money in two simple interest accounts. He

83. ## math

When one rents an apartment, one is often required to give the landlord a security deposit that is returned if the apartment is undamaged when you leave. In some localities, the landlord is required to pay the tenant interest once a year compounded yearly.

84. ## simple intrest

My daughter brought home a work sheet and I have no clue where to begin to help her and she seems to have no clue either. the questions are 1. Find the final balance in each account. \$800 at 4.25% simple intrest for 6 years 2. \$2,000 at 6% compounded

85. ## math

Pete invests \$10,000 in a certificate of deposit that earns 3% interest, compounded yearly. What will be the compounded income at the end of 5 years

86. ## Finance

Given an interest rate of 6.25% compounded annually, how much would you accumulate if you started with \$3,250 and then contributed \$1,950 per year (at the end of each year) for 13 years?

87. ## 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

88. ## Math

An investor puts ​\$500 in an account that pays ​% interest compounded annually. Find the account balance after 8 years.

89. ## present value

The present value P that will amount to A dollars in n years with interest compounded annually at annual interest rate r, is given by P = A (1 + r) -^n. Find the present value that will amount to \$50,000 in 20 years at 8% compounded annually.

90. ## 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)

91. ## Lat math question for some days. Can y'all help?

Huan deposited \$850 into a college savings account earning 4.8% interest compounded annually. He also deposited \$850 into a second account earning 4.8% simple interest. He made no additional deposits. After 10 years, which account earned more interest? How

92. ## compounded interest

A bank offers a rate of 5.3% compounded semi-annually on its four year GICs(Guaranteed Investment Certificates). What monthly and annually compounded rates should it quote in order to have the same effective interest rate at all three nominal rates?

93. ## math & finance

A bank offers a rate of 5.3% compounded semi-annually on its four year GICs(Guaranteed Investment Certificates). What monthly and annually compounded rates should it quote in order to have the same effective interest rate at all three nominal rates?

94. ## Compound Interest

A bank offers a rate of 5.3% compounded semi-annually on its four year GICs(Guaranteed Investment Certificates). What monthly and annually compounded rates should it quote in order to have the same effective interest rate at all three nominal rates?

95. ## math

Suppose Taylor win \$18000 in a lottery. If she invests half in a CD earning 4.2 % annual interest compounded quarterly and the rest in saving account earning 3.7% annual interest compounded monthly . How much money does she have after 10 years

96. ## algebra

Suppose your parents deposited \$1,500 in an account saying 3.5% interest compounded annually (once a year) when you were born. I have to find the account balance after 18 years , please help

97. ## Engineering Economics

Hi there, I am having some trouble solving this problem, can you give some guidance as to the solution. What is the amount of 10 equal annual deposits that can provide five annual withdrawals, when a first withdrawal of \$1000 is made at the end of year 11,

98. ## math compound interest

I can figure all of the other compound interest problems except these-In how many years would Ben's \$100,000 take to be worth \$250.000 if compounded annually at the rate of 6.5%?-Thanks and good night :)

99. ## Maths

convert an effective anual interest rate 8% compounded annually to a nominal interest rate of 11.5% p.a compounded monthly correct to one decimal place

100. ## finance

Find the future value of an annuity when payment is \$4000.00 annually, interest is 0.5% compounded annually and he term is 5 years.