Peter deposit k180,600.00 with BSP which offers 6 1/4% per annum interest. Calculate the interest earned after 6 years if it is compounded:

41,940 results
  1. math

    Michael has a total of $2000 on deposit with two saving institutions. One pays interest at the rate of 6% per year whereas the other pays interest at a rate of 8% per year. If Michael earned a total of $144 in interest during a single year, how much did he

  2. 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

  3. math

    Kelsey deposited $3,600 in a bank account with an annual interest rate of 4.25%. How much interest was earned in 5 years?

  4. Math

    For a given interest rate, simple interest varies jointly as the principal and time. If $3000 left in an account for 6 years earned interest of $1260, then how much interest would be earned in 7 years?

  5. Math

    An investor receives a total of Rs.5,700 per annum in interest from 3 stocks yielding 4%, 5% and 8% per annum respectively. The amount at 4% is Rs.20,000 more than the amount invested at 5%, and the interest from the 8% investment is 8 times the interest

  6. 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

  7. algebra

    sam saved his money until he had $10000 to invest.he invested x dollars into certificate of deposit (cd) with an annual interest rate of 2% and the remaining y dollars into a mutual fund with annual interest of 1.5% total interest earned from both account

  8. math 107

    Suppose you want to have $600,000 for retirement in 35 years. Your account earns 7% interest. a) How much would you need to deposit in the account each month? $ b) How much interest will you earn?

  9. Math

    Asher cashed in a one-year term deposit after only five months had elapsed. In order to do so, he accepted an interest rate penalty—a reduction from the scheduled 5.5% rate of simple interest. If he was paid $145.83 interest on the $10,000 term deposit,

  10. algebra

    For a given interest​ rate, simple interest varies jointly as the principal and time. If ​$2000 left in an account for 6 years earned interest of ​$960, then how much interest would be earned in 7 ​years?

  11. math

    a formula for calculating simple interest is I = Pr, were I is the interest earned in dollars, P is the principal or original investment, and r is the fixed rate of interest. If the amount of interest earned is $2.25 and the interest rate is 3%, what is P?

  12. math

    Huan deposited $850 into a collegesavings account earning 4.8% interestcompounded annually. He also deposited$850 into a second account earning 4.8%simple interest. He made no additionaldeposits. After 10 years, which account earnedmore interest? How much

  13. MATH

    1. An employee put $5,000.00 in a retirement account that offers 9% interest compounded annually. The employee makes no additional deposits or withdrawals. Which amount is closest to the interest the employee will have earned at the end of 5 years? a $7693

  14. math

    you invested $8000 between two accounts paying 7% and 9% annual interest, respectively. If the total interest earned for the year was $600 how much was invested at each rate?

  15. Math

    If Maria earned $60 in interest over a 4-year period at a 4% simple annual interest rate, how much did she originally deposit in savings?

  16. 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

  17. math

    After 5 years, marcels account earned $ 600 in interest. If the interest rate is 0.03, how much did marcel initially invest?

  18. Algebra( check my answers)

    1. Juan deposited $200 in a savings account earning 3% interest over 2 years. What was the total amount of interest earned after 2 years? $12 $24 $120 ( my answer) $240 2. Mary borrowed $11,000 at 5% interest for 4 years. What was the total interest? $22

  19. 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

  20. math 11

    An investment earning simple interest rate of 1.10% per annum for a term of 5 years earned 82.50 in interest. What was the principal?

  21. math

    An investor receives a total of Rs.5,700 per annum in interest from 3 stocks yielding 4%, 5% and 8% per annum respectively. The amount at 4% is Rs.20,000 more than the amount invested at 5%, and the interest from the 8% investment is 8 times the interest

  22. Math

    Gabe placed $2000 in a certificate of deposit. He earned $10 in interest each month for the next 36 months. Find the annual simple interest rate for his certificate of deposit.

  23. math

    Abbi invested $1,000 in a certificate of deposit with a simple interest rate of 4%. Find the interest earned in 8 years. Then find the total of principal plus interest.

  24. math

    Compute the amount of interest earned in the following simple interest problem. A deposit of $8,000 at 9.5% for 120 days.

  25. Math

    Using the formula. I =Prt ,calculate the simple interest where t=1/n and n is the number of periodd per year for compounding. You have $20,000 and wished to invest it in one of two ways. Option A: You may invest it in a certificate of deposit for 10 years

  26. Math

    A mother wants to invest ​$5000 for her​ son's future education. She invests a portion of the money in a bank certificate of deposit​ (CD account) which earns 4​% simple interest and the remainder in a savings bond that earns 5​% simple interest.

  27. Finance

    You buy some furniture for $600. The department store offers you “no interest for 8 months” after which you can pay the $600 in one lump sum. To take advantage of this deal, the store charges a $25 service fee, which is to be paid today. What rate of

  28. Math 11

    An investment earning simple interest at a rate of 1.10% per annum for a term of 5 years earned $82.50 in interest. What was the principal?

  29. math

    A person borrowed Rs.20,000 from a bank at a simple interest rate of 12% per annum.In how many years will he owe interest of Rs.3,600?

  30. Math

    If Maria earned $60 in interest over a 4-year period at a 4% simple annual interest rate, how much did she originally deposit in savings?

  31. 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

  32. Math

    . Jacksonville Technical College received $3,445,553 in state aid on September 15 for the fall academic semester. The vice-president for finance decided to invest $2,000,000 in a 2-month investment that pays 11.5% simple interest. How much interest will

  33. math

    faye borrowed $9600 a! $% per annum compound interest - calculate the interest on the loan for the first year

  34. Algebra

    Another bank offers a different savings rate. If an account with $400 earns interest of $6, how much interest is earned by an account with $1800?

  35. math

    Formulate but do not solve the problem. Michael Perez has a total of $1802 on deposit with two savings institutions. One (x) pays interest at a rate of 6% per year, whereas the other (y) pays interest at a rate of 8% per year. If Michael earned a total of

  36. math

    An investment earning simple interest at a rate of 1.10% per annum for a term of 5 years earned $82.50 in interest. What was the principal?

  37. Math

    An investment earning simple interest at a rate of 1.10% per annum for a term of 5 years earned $82.50 in interest. What was the principal?

  38. math

    Abbi invested $1,000 in a certificate of deposit with a simple interest rate of 3%. Find the interest earned in 6 years. Then find the total of principal plus interest.

  39. math

    What would be the difference at the end of one year between the simple interest earned on a deposit of $450 at 4.5% and the compound interest earned on $450 at 4.5% compounded annually? $22.50 $22.25 $0 $20.25

  40. Algebra

    After 6 years, an account that earns 4% simple interest has earned $480 in interest. How much was the initial deposit?

  41. math

    Calculate the amount of interest earned in 10 years on $1000.00 invested at 3.00% per annum, compounded monthly.

  42. Math Help Please!

    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?

  43. math

    Suppose you deposit $350 in a bank account that pays 6% annual simple interest. Find the interest earned in 4 months and in 1 year.

  44. Math Economics

    1. Jacksonville Technical College received $3,445,553 in state aid on September 15 for the fall academic semester. The vice-president for finance decided to invest $2,000,000 in a 2-month investment that pays 11.5% simple interest. How much interest will

  45. Algebra

    Write a system of equations to solve each word problem. You deposit a total of $900 in two different accounts. One account provides an interest rate of 5% while the other account provides an interest rate of 8%. If you earned a total of $64.50 in interest

  46. math

    how much interest is earned on a principal of 600 invested at an interest rate of 16% for 1/4 of a year?

  47. math

    Say i have a mortgage of 200,000. One bank offers 5.oo%. The other offers 5.23% How do i calculate the interest paid over say 5 yrs. thanks You haven't given us enough information to calculate the interest. You need to know how much you're paying each year

  48. 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

  49. Math Help!

    1.Find the interenst earned in an acount with $600.00 invested at 4.5% annual simple interest for 2 years. A. $540.00 B. $5,400.00 C. $54.00*** D. $13.50 2. Find the interest by an accound with $1,200 of simple interest of 4% for 3 years. A. $144.00 B.

  50. Maths

    Peter deposit k180,600.00 with BSP which offers 6 1/4% per annum interest. Calculate the interest earned after 6 years if it is compounded:

  51. Maths

    Peter deposit k180600 with bsp which offers 6 1/4% per annum interest. Calculate the interest earned after 6 years if it is compounded:

  52. Maths

    Peter deposit k180600 with bsp which offers 6 1/4% per annum interest. Calculate the Interest earned after 6 years if it is compounded:

  53. Mink high school MatheMatics

    Peter deposit k180600 with bsp which offers 6 1/4%per annum interest. Calculate the interest earned After 6years if it is compounded:

  54. Math

    My English isn't very good so I don't understand what they want The formula I=PRT/100 Question: c)The length of time for $5000 to earn $1000 if invested at 10% per annum. 2.Jahseh invests $6750 at 8.5% per annum.How much interest has he earned and what is

  55. Math/Algebra

    Jeremy opened two saving accounts at the beginning of 2010, each with an initial deposit of $4,000. Account A earned simple interest, and account B earned interest that was compounded annually. By the end of 2012, which account earned more interest, and

  56. Algebra Grade 7

    If a bank offers a savings account that pays simple interest rate of 4% and you deposit $475.00 into this account, how much interest will you have earned after 3 years?

  57. Math

    The cash price of a new care is $34700. A person pays a deposit of 20% and agrees to pay the balance over 3 years at a flat interest rate of 14% per annum. Calculate: a) the deposit b) the balance owing after the deposit c) the interest on the balance

  58. Math

    Which is the better investment over a y year term? Calculate each one. Investment that offers a rate of 2.25% per annum, compounded semi-anually. Investment that offers a rate of 2.15% per annum, compounded quarterly. Investment that offers a rate of 1.95%

  59. Math help!

    Which is the better investment over a y year term? Calculate each one. Investment that offers a rate of 2.25% per annum, compounded semi-anually. Investment that offers a rate of 2.15% per annum, compounded quarterly. Investment that offers a rate of 1.95%

  60. math

    8.Mary invested RM3000 in two accounts, some at 12% per annum and the rest at 8 percent per annum.Her total interest for one year was RM3200.how much was invested at each rate? 9.RM 1999 was invested for a certain period. The simple interest earned was

  61. Math

    Interest of $22.05 was earned in three months on a balance of $1960. What is the interest rate per annum earned on that account? P.s please explain how you solved it.

  62. math

    1.John deposited $40,000.oo in the bank and earned simple interest of 7% per annum for 2 years. calculate the amount he will receive at the end of the 2 year period. 2. Find the simple interest on $15,000.00 invested for 4 years at 12% per annum.

  63. math

    you are going to open a certificate of deposit $500 for 3 years with 2% interest. another bank offers a CD in which you must deposit $250 for 4 years with 3% interest. Which CD will earn more interest.

  64. math

    When the rate of interest in the bank is increased from 5% to 6% per annum,Gerald deposits Tsh 12,000 more into his account.If annum interest now received by him is Tsh 1100 more than that before,find his original deposit.**please anyone to help me with

  65. Math

    Interest of $22.05 was earned in 3 months on a balance of $1960.00. What is the interest rate per annum earned on that account?

  66. Math

    How to calculate this? 4 year term investment. The investment offers a rate of 2.25% per annum, compounded semi-annually. Another investment offers a rate of 2.25% annum, per compounded quarterly. Final investment offers a rate of 1.95% per annym, simple

  67. Math

    If a bank pays 2.4% interest compounded monthly on its certificate of deposit. What is the effective interest rate on annum

  68. Math/Algebra

    Jeremy opened two saving accounts at the beginning of 2010, each with an initial deposit of $4,000. Account A earned simple interest, and account B earned interest that was compounded annually. By the end of 2012, which account earned more interest, and

  69. Word problem

    suppose you deposit $350 in a bank account that pays 6% annual simple interest. Find the interest earned in 4 months and in 1 year. 350 x 0.06 = interest in 1 yr. 4/12 of that is the interest in 4 months.

  70. 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?

  71. Algebra

    Abbi invested $1,500 in a certificate of deposit with a simple interest rate of 4%. Find the interest earned in 6 years. Then find the total of principal plus interest.

  72. algebra

    Abbi invested $1,200 in a certificate of deposit with a simple interest rate of 2%. Find the interest earned in 9 years. Then find the total of principal plus interest.

  73. Math

    Suppose that you want to deposit $8,000 in an RRSP account that pays interest at a fixed rate of 100r% per year compounded monthly; for example, if the interest rate is 4%, then r = 0.04. Find the rate of interest r on the account if the interest earned

  74. math

    abbi invested 1,500 dollars in a certificate of deposit with a simple interest rate of 4 percent. find the interest earned in 6 years. then find the total of principal plus interest

  75. math

    alison invests £400 in an account paying compound interest 4% per annum.find the interest earned over 5 years,round your answer to 3 significant figures.

  76. math

    calculate the compound interest on investing $600 for 2 years at 7% per annum

  77. MATH HELP! Complex Interest

    Huan deposited $850 into a collegesavings account earning 4.8% interestcompounded annually. He also deposited$850 into a second account earning 4.8%simple interest. He made no additionaldeposits. After 10 years, which account earnedmore interest? How much

  78. Math

    A $20,000 deposit was placed in a bank paying 5.75% interest compounded quarterly. After 12 months, how much interest was earned.

  79. math

    Calculate the amount of interest earned in 10 years on 1000.00 invested at 3.00% per annum, compounded monthly.

  80. math 11

    Calculate the amount of interest earned in 10 years on $1000 invested at 3.00% per annum, compunded annually?

  81. math

    you deposit $750 in an account earning 10.3% interest compounded monthly. Find the interest earned in 6 months.

  82. Math

    Compute the amount of interest earned in the following simple interest problem. A deposit of $8,000 at 9.5% for 120 days.

  83. Maths

    A deposit mature to 24200 after 3yeras at simple interest of7 percent per annum what is the principal amount of deposit

  84. maths

    Gordon Freeman wants to have $32,000 in 5 years in order to purchase a new car. (a) How much should he deposit today in an account earning 6.4%, compounded quarterly, to have the required amount in 5 years? (b) How much interest will be earned? (c) If he

  85. 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

  86. 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

  87. 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

  88. Maths

    Peter buys AC at 900. He pays 20% deposit and the outstanding balance plus interest in 48 months. Interest on the balance is charged 10%. Find the amount he saves by paying cash

  89. math

    Guys please i need your help i am not getting the answer over the following questions. 1) Maria banked sh. 95,000 in her bank account. If the bank gives a simple interest of 17% per year, how much will she get after 3 years? 2) If Mollel got sh. 230,000

  90. math

    If you have earned $60.00 interest on a $600.00 principle over $4$ years, what is the interest rate?

  91. value of money

    Suppose you had three different offers for your used car. One person will give you $1,000 right now, another offers $1,200 six months from now and the other offers $1,600 two years from now. If interest is 16% compounded quarterly, which offer is worth the

  92. Maths

    Lennon invest 5 600 at an interest rate of 9.5 percent per annum, compounded half yearly. Calculate the value of his investment after 3 years

  93. maths

    Suppose you have $9000 to invest and you invest part of it ($×) in a high risk venture at 11.5% per annum and the remainder with the bank at 4.5% per annum, both for one year. 1) write an algebraic expression for the amount of money invested at 4.5% 2)

  94. maths

    A sum of Rs100 is invested at 8%. Simple interest per annum. Calculate the interest at the end 1,2,3.....years.

  95. maths

    A sum of Rs100 is invested at 8%. Simple interest per annum. Calculate the interest at the end 1,2,3.....years.

  96. math

    hakiim invested 15000 he put part of it in a term deposit that paid 4% per annum and the remainder in a treasury bill that paing 5% per annum after one year the total interest was 690 how much did hakiim invest at each rate

  97. science

    a family wants to begin saving for s trip to paris the trip is planned for three years from now and the family wants to accumulate one million shilling for the trip.if twelve deposit are made quartely to an account which earns interest at the rate of 8

  98. math financial services

    Calculate the amount of interest earned in 10 years on $1000 invested at 3% per annum, compounded monthly. how to solve please show me step by step thank you

  99. 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?

  100. ALGEBRA

    An investment of $93,000 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 earned 6% and the third 9%. total interest from the investments was

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