# Mr chen deposits a certain amount in a bank if the interest of the bank decreased from 3.75% to 3.5% per annum mr chen's interest decrease by 50\$ in a year find the sum of amount he deposits

23,225 questions
1. ## math

Mr chen deposits a certain amount in a bank if the interest of the bank decreased from 3.75% to 3.5% per annum mr chen's interest decrease by 50\$ in a year find the sum of amount he deposits

asked by Anonymous on May 22, 2014
2. ## 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

asked by someone on May 12, 2012
3. ## Finance

A new bank has vault cash of \$1 million and \$5 million in deposits held at its Federal Reserve District Bank. a. If the required reserves ratio is 8 percent, what dollar amount of deposits can the bank have? b. If the bank holds \$65 million in deposits and

asked by Mary on October 22, 2013
4. ## Calculus Please help!

If 7000 dollars is invested in a bank account at an interest rate of 7 per cent per year. A) Find the amount in the bank after 6 years if interest is compounded annually? B) Find the amount in the bank after 6 years if interest is compounded quaterly? C)

asked by ALI on February 21, 2014
5. ## accounting

Can anyone let me know if I have these correct and if not what am I doing wrong. 1. For each of the following items, indicate whether its amount (i) affects the bank or book side of a bank reconciliation and (ii) represents an addition or a subtraction in

asked by Anonymous on February 25, 2009
6. ## accounting

Can anyone let me know if I have these correct and if not what am I doing wrong. 1. For each of the following items, indicate whether its amount (i) affects the bank or book side of a bank reconciliation and (ii) represents an addition or a subtraction in

asked by Anonymous on February 25, 2009
7. ## acc

Can anyone let me know if I have these correct and if not what am I doing wrong. 1. For each of the following items, indicate whether its amount (i) affects the bank or book side of a bank reconciliation and (ii) represents an addition or a subtraction in

asked by Anonymous on February 25, 2009
8. ## Math

If 3000 dollars is invested in a bank account at an interest rate of 6 per cent per year, find the amount in the bank after 12 years if interest is compounded annually Find the amount in the bank after 12 years if interest is compounded quaterly Find the

asked by tony on July 13, 2011
9. ## Calculus :)

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

asked by Brit on August 22, 2011
10. ## Math

Jamaal is planning to invest up to \$23000 in City Bank or State Bank. He wants to invest at least \$4000 in City Bank, but not more than \$16000; since State Bank does not insure more than \$8000, he wants to invest no more than this amount in State Bank. The

asked by Anonymous on April 11, 2012
11. ## Finance

Solution needed . You need to have \$50000 at the end of 10 years .To accumulate this sum, you have decided to save a certain amount at the end of each of the next 10 years and deposits it in the bank. the bank pays 8 percent interest compounded annually

asked by Tamanna on August 19, 2016
12. ## math

Problem 6-1 Bank Reconciliation The following information is available to assist you in preparing a bank reconciliation for Calico Corners on May 31, 2012: a. The balance on the May 31, 2012, bank statement is \$8,432.11. b. Not included on the bank

asked by mary on February 22, 2015
13. ## Math

The cash records of Oriole Inc. show the following situations: Deposits in transit: 1. The June 30 bank reconciliation indicated that deposits in transit total \$2,040. During July, the general ledger account Cash shows deposits of \$14,610, but the bank

asked by Maya on October 21, 2017
14. ## Alpha

mr brown borrowed \$5,340 from a bank at 10% aunnum simplr interest for 9 years. the sum of the money paid in interest to the bank and the total amount of money repaid to the bank

asked by megan on June 18, 2015
15. ## Macroeconomics

A bank has issued 4 billion in transactions deposits and 2 billion in time deposits and other nontransactions deposits. Its other liabilities and net worth equal 1 billion. The bank has 100 million in total reserves. The only reserve requirement that this

asked by Mel on October 13, 2010
16. ## Maths

Mrs Ricky borrowed \$5,340 at a bank at 9.5% per annum simple interest for 5 years. (A) the sum of money paid in interest to the bank. (B) the total amount of money repaid to the bank. (C) the value of each monthly installment.

asked by Andre on January 13, 2017
17. ## 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

asked by kelvin on May 11, 2018
18. ## 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.

asked by sammy on September 20, 2014
19. ## maths --plse help me..

A man has Rs 50,000.He invests some part of it in one bank @ of 11 p.c.p.a. and the remaining money in another bank @ of 9 p.c.p.a.He gets a combined simple interest of Rs 5,400(i.e the S.I of one bank + S.I of another bank = 5,400).Then find the amount of

asked by Anonymous on December 19, 2012
20. ## math 106

An bank client deposits some of her savings in a savings account bearing 3% annually of simple interest. The client deposits \$500 and waits for interest to accumulate. How long will the client have to wait for the amount of interest to reach \$60 ? Please

asked by james smith on June 17, 2017
21. ## Economics - Finance

If your bank pays 5.5 percent interest on savings deposits, what is the simple interest paid in the third year on an initial \$100 deposit? What is the total amount in the account after three years? What is the amount after three years if the interest was

asked by Wendi Jones on October 1, 2012
22. ## precal -checking answers

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

asked by Anonymous on September 10, 2010
23. ## Calculus :)

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

asked by Brit on August 24, 2011
24. ## ACCOUNTING

Need to prepare the bank reconciliation for Multi-Plex Health care at May31 and Record the entries called for by the reconciliation. The May 31 bank statement of Multi-Plex Health care has just arrived from first state bank.To prepare the bank

asked by Anonymous on August 31, 2008
25. ## Math help

Samantha finds a bank, Star Bank, which offers a CD account with a 2% interest rate every month. Star Bank’s interest is not compounded. The interest is based on the original amount of deposit. Remember that Samantha has \$500 to start the account. She

asked by Anonymous on January 24, 2016
26. ## 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

asked by rock on December 13, 2011
27. ## 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

asked by Rock on December 12, 2011
28. ## business math

Mike Drago took out a loan for \$3,800 at the Gold Coast Bank for 280 days. If the bank uses the ordinary interest method, what rate of interest was charged if the amount of interest was \$278? Round your answer to the nearest tenth of a percent.

asked by wanda on November 7, 2016
29. ## Math

Bill has a savings account in Sierra Bank and earns interest at 2 1/4%. He is considering moving his business to Coulee Bank to earn 2 11/20% in interest. How much more is the interest rate at Coulee Bank than at Sierra Bank?

asked by Gabby on March 4, 2014
30. ## math

Jessica has a credit card from party bank and another from artic bank. she owes artic bank \$150 more than party bank. party bank charges 16% simple interest per year and artic bank charges 17% per year. the yearly interest charge Jessica needs to pay is

asked by tiffani on August 14, 2013
31. ## math

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

asked by Anonymous on February 19, 2015
32. ## math

you borrow \$1200 from a bank that bank charges 9.5% simple annual interest. after 15 months you pay back the loan. how much interest do you pay on the loan? what is the total amount that you pay the bank.

asked by jordan on December 6, 2012
33. ## Pre-Calculus

.  Margaret is planning to invest up to \$22,000 in certificates of deposit at City Bank and People’s Bank.  She wants to invest at least \$2,000 but no more than \$14,000 at City Bank.  People’s Bank does not insure more than a \$15,000 investment, so

asked by Bruce on December 2, 2010
34. ## 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

asked by fawn on January 8, 2013
35. ## mathmatics

4. Annie finds another bank, Star Bank, that offers a CD account with a 2% interest rate every month. Star Bank's interest is not compounded. The interest is based on the original amount of deposit. Remember that Annie has \$500 to start the account. She

asked by sabrina on December 20, 2017
36. ## SS

Rohan has 100 dollars that he wants to save in a bank. Bank A offers two types of savings accounts. One has a 5% simple interest rate and the other has a 4.8% compound interest rate. Bank B also offers two types of savings accounts. One has a 3% simple

asked by Anonymous on January 23, 2014
37. ## accounting

•The Bank Account as a control device that helps to protect cash. One of the requirements is to conduct periodic bank statement reconciliations. Using the following data, complete a bank statement reconciliation or EEE Electric for the month of

asked by lee on June 3, 2013
38. ## algebra

A local bank lends \$12,000 using a 150-day 9% simple interest note that was signed on May 18. The bank later sells the note at a discount of 14% on July 5. Find (a) the discount, (b) the proceeds, and (c) the amount of money the bank gains or loses.

asked by Felicia on August 21, 2012
39. ## finance math

Schell Publishing received a \$70,000 promissory note at 12% ordinary interest for 60 days from one of its customers. After 20 days, Schell discounted the note at the bank at a discount rate of 14.5%. The note was made on March 21. What amount of interest

asked by Lynda on December 2, 2013
40. ## math

You want to explain to your friend that your bank’s interest rate has gone down from 1.2% to 0.3%. Which sentence below has the correct meaning? A)My interest rate has decreased 25%. B)My interest rate has decreased 0.9 percentage points. C)My interest

asked by jordan on May 9, 2013
41. ## accounting

On May 31, 2011, James Logan Company had a cash balance per books of \$6,781.50. The bank statement from Farmers State Bank on that date showed a balance of \$6,404.60. A comparison of the statement with the cash account revealed the following facts. The

asked by vivian on October 25, 2010
42. ## business

On May 31, 2011, James Logan Company had a cash balance per books of \$6,781.50. The bank statement from Farmers State Bank on that date showed a balance of \$6,404.60. A comparison of the statement with the cash account revealed the following facts. The

asked by vivian on October 25, 2010
43. ## math

On May 31, 2011, James Logan Company had a cash balance per books of \$6,781.50. The bank statement from Farmers State Bank on that date showed a balance of \$6,404.60. A comparison of the statement with the cash account revealed the following facts. The

asked by vivian on October 25, 2010
44. ## math

please help!!I've been staring at this forever!! 1. Every year, Annie makes a graph showing the amount in her bank account over time. Sketch a graph showing the amount in her bank account over time from the description given. Draw a separate graph for each

asked by iesha on December 20, 2017
45. ## Business Math

1,500 personal loan, bank is going to charge a fee of 2% of loan amount as well as take out the interest upfront. The bank is offering 15% APR for six months. Calculate the effective interest rate.

asked by Anonymous on November 26, 2011
46. ## math

Megan took out a loan for 1500.00. The bank is going to charge her a fee of2% of her loan amount as well as take out the interest upfront. The bank is offering her 15% APR for six months. Calculate the effective interest rate.

asked by Anonymous on October 30, 2011
47. ## STATISTICS

A bank officer wants to determine the amount of the average total monthly deposits per customer at the bank. He believes an estimate of this average using a confidence interval is sufficient. a) How large a sample should he take to be within \$200 of the

asked by Jing Sun Q. on November 21, 2010
48. ## math

sofia deposits birr 3500 in a bank account paying an annual interest rate of 6%. find the amount she has at the end of the fourth year?

asked by ashenafi on December 19, 2018
49. ## precal

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. Use the Rule of 72 to estimate how much time it would take to double Joan's investment in Bank

asked by Anonymous on September 10, 2010
50. ## math

Mr. Ismail invested sh. 36,000 in the bank which gives an interest of 20% per year. After how long will he get sh. 43,200? #please people help me this question how to arrive to final answer. Also i need to know if sh. 43,200 is either the total amount of

asked by kelvin on April 23, 2018
51. ## 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?

asked by NISHI on April 1, 2013
52. ## Math Help!!!!!

4) Jim has been offered a substantial cash discount if he pays an invoice 60 days earlier. One bank will loan him the needed money at 11% simple interest rate. A second bank will also loan him the money, but at bank discount rate. What is the maximum

asked by Nieda on September 15, 2011
53. ## 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.

asked by kks on September 1, 2016
54. ## economics

Consider an open economy in which the central bank targets the interest rate. Fill in the blanks in the following statement using the options below: If the central bank sells domestic currency in the foreign exchange market then, ceteris paribus, unless it

asked by Lucy Wang on June 10, 2007
55. ## pre calc

Formulate a system of equations for the situation below and solve. Michael Perez deposited a total of \$3000 with two savings institutions. Bank A pays interest at the rate of 6%/year, whereas Bank B pays interest at the rate of 7%/year. If Michael earned a

asked by Melissa on January 5, 2017
56. ## Math

Minta deposits 1000 euros in a bank account the bank pays a nominal annual intrest rate of 5% compounded quartterly find the time in years until minta withdraws the money from her bank account

asked by Roygbiv on April 29, 2016
57. ## history

What is the significance of the bank war and why did it and justify the two-party system? my reponse for part a is Jackson was a democrat and he advocated for the small farmers, planters and workers. The Bank was in the best interests of the Businessmen

asked by meme on May 27, 2009
58. ## Accounting (Please Help)

Acme, Inc.'s books show an ending cash balance of \$14,500 before preparing the bank reconciliation. Given the bank reconciliation shows outstanding checks of \$3,900, deposits in transit of \$2,900, NSF check of \$190, and interest earned on the bank account

asked by Lexis on June 22, 2016
59. ## 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.

asked by Please help! on April 9, 2012
60. ## 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.

asked by Patty on April 10, 2012
61. ## 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 #

asked by kelvin on June 28, 2017
62. ## College Algebra

bank a is lending money at 5.7% interest compounded annually. The rate at bank b is 5.6% compounded monthly, and the rate at bank C is 5.65% compounded quarterly. Which bank will you pay the least interest?

asked by Justin on April 25, 2012
63. ## Math

- Anurag is buying a house for \$100,000 and needs a mortgage loan. Bank A wants him to repay the loan in 240 months with monthly payment of \$600.72. Bank B wants him to repay the loan in 360 months with a monthly payment of 389.94. Which bank should he

asked by Lil on May 17, 2016
64. ## 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?

asked by Zoey on April 9, 2012
65. ## 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

asked by pranathy on May 11, 2010
66. ## economic

1)If the transactions approach to measuring money is used, then the money supply consists of a. transaction deposits only. b. currency, checkable and debitable deposits, and traveler's checks. c. currency and transaction deposits only. d. currency only.

asked by henry on June 18, 2010
67. ## Social Studies

I was wondering if I could check my answers with someone. I'm a bit confused with interest. I put stars next to the answers I chose. Thank you. An interest rate is a special type of (1 point) loan. **price. bank. service. 2. How does a compound interest

asked by Greg on November 14, 2012
68. ## Economics

Bank A has a leverage ratio of 10, while Bank B has a leverage ratio of 20. Similar losses on bank loans at the two banks cause the value of their assets to fall by 7 percent. Which bank shows a larger change in bank capital? Does either bank remain

asked by Alvin on June 12, 2012
69. ## Social Studies

An interest rate is a special type of (1 point) loan. **price. bank. service. 2. How does a compound interest rate differ from a simple interest rate? (1 point) ***Compound interest rates pay more interest over time. Compound interest rates are calculated

asked by Hayley on August 9, 2017
70. ## Finance

First Simple Bank pays 6 percent simple interest on its investment accounts. First Complex Bank pays interest on its accounts compounded annually. Required: What rate should the bank set if it wants to match First Simple Bank over an investment horizon of

asked by Alec on February 19, 2014
71. ## Finance

Need help finding a formula for: Question: Suppose a bank offers you the following deal: You pay to the bank an annuity amount of \$A per year over the next 10 years and the bank will in turn pay you \$40,000 per year starting at the end of year 11 and

asked by John on September 29, 2008
72. ## Finance

Assume a bank has \$5 million in deposits and \$1 million in vault cash. If the bank holds \$1 million in excess reserves and the required reserves ratio is 8 percent, what level of deposits are being held?

asked by Micheal on October 22, 2013
73. ## business math

tony towing borrows of \$12,250 at 9.5% interest for 320 days if bank use exact interest method how much interest will the bank collect? Round to nearest cent

asked by angela on June 25, 2013
74. ## 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.

asked by Dantavis on April 14, 2010
75. ## math

henrietta deposits \$3500 to start a new bank account. it earns a simple interest rate of 6.5% per year. henrietta makes no more to deposits to the account. how much interest will henrietta have earned after three years?

asked by tomeisha on August 26, 2015
76. ## math

Jefferson Bank made a loan at 6% interest for 146 days. If the amount of interest was \$36.50, use the ordinary interest method to find the amount of principal borrowed. Round to the nearest whole dollar amount

asked by Anonymous on June 19, 2014
77. ## international economic

2.) This question uses the general monetary model, in which L is no longer assumed constant and money demand is inversely related to the nominal interest rate. Consider the same scenario described in the beginning of the previous question. In addition, the

asked by Anonymous on November 17, 2011
78. ## Math

Byong Sun withdraws \$15 from his bank account once each day for four days. what integer represents the change in the amount in the account? find the integer that would represent the change in the amount in the account if Byong Su deposits \$15 into his bank

asked by Mary on October 9, 2016
79. ## math

you are looking for a safe place to put 30,000.00 for one yr. Bank A offers 2.46% interest rate continuously. Bank B offers 2.48% quarterly and Bank C offers 2.47% monthly. Find the most effective rate of each to determine which would earn you the most

asked by Kat on April 2, 2013
80. ## Math

On 12 february 2009,sally invested \$2000 in a bank and received an amount or \$2040 on 23 june 2009.calculate the simple interest rate offered by the bank

asked by Jane on October 1, 2017
81. ## math

\$75000is to be diposited in Banks A and B.The simple interest rate per annum for bank A is 8% while that for bank B is 8.5%.After two years their interests are equal.How much money diposited in each bank.

asked by shamima on October 18, 2015
82. ## math

jessica borrow\$9000 from the bank to purchase a used car.the bank has given her an interest rate of 7.5%annually for a period of 2 1/2 year what is the total amount she will have to pay back at the end of the loan A)\$1687.50 b)\$9,000 c)\$10,687.50 D)\$16,875

asked by makeeda on January 12, 2010
83. ## MAth

Tammy Smith Deposits \$5000.00 in First Internets Bank 5-year CD which pays 5.22% interest compounded monthly how much interest will she have in the account in 5 years?

asked by Beth on February 12, 2016
84. ## Math

1. Ashlyn took out a loan for \$700 to buy a new Tv. The bank to going to charge her 3% compound interest. What amount will Ashlyn owe the bank after 3 years 2. Determine the value of a \$100 investment earning 10% compound interest over 2 years.

asked by Tisy on April 1, 2015
85. ## Macroeconomics

A bank has \$200 reserves, \$800 loans, \$400 securities, \$1200 deposits, and \$100 debt. a) Calculate the bank's capital. b) Calculate the bank's leverage ratio. c) Suppose there is a stock market boom, so that the bank's assets increase by 2 percent. What is

asked by maya on March 13, 2017
86. ## Macro check and help

A bank has \$200 reserves, \$800 loans, \$400 securities, \$1200 deposits, and \$100 debt. a) Calculate the bank's capital. b) Calculate the bank's leverage ratio. c) Suppose there is a stock market boom, so that the bank's assets increase by 2 percent. What is

asked by maya on March 13, 2017
87. ## Algebra 2

A man is planning to invest up to \$22,000in bank X or bank Y or both. He wants to invest at least \$2,000 but no more than \$14,000 in bank X. Bank Y doesn't insure more than a \$15,000 investment so he will not invest no more than that in bank Y. The intrest

asked by Kelsie on December 15, 2010
88. ## math

Alice took out a \$15,000 loan for college. She is borrowing money from two banks. Bank A charges an interest rate of 6%, and Bank B charges an interest rate of 7%. After one year, Alice owes \$960 in interest. How much money did she borrow from Bank A?

asked by Kitty on October 6, 2014
89. ## pre algebra

in vanessas coin bank there are 4 times as many quarters as nickels, 2 fewer dimes than nickles and 15 pennies.the total amount in the bank is 5.80. how many of each coin are in the bank

asked by kattie on January 4, 2011
90. ## English

You can send the money over the Internet. You don't have to go to the bank. (In the second sentence, what is the use of 'the' before bank? Is 'the' in the generic use or does 'the bank' mean a specific bank in mind?)

asked by rfvv on May 19, 2013
91. ## Math

Sam gets deposits a total of \$3500 every three months to the bank which earns a 6.5% p/a. After five years how much will he have in his account? Ren wants to buy a new car that costs \$26255, so, he would deposit money into his savings account with an

asked by Kate on July 13, 2011
92. ## calculus

an amount of 1000 is deposited in a bank that pays 8% interest/year compounded daily (take the number of days in a year to be 365) let an denote the total amount on deposit after n days, assuming no deposits or withdrawals are made during the period in

asked by sofi on May 20, 2012
93. ## Math

Rafik counted the amount of money in his coin bank and wrote down the total. The amount was more than \$12 but less than \$13. The next day, he added a penny to the bank. To show the new total, he had to change exactly two digits in the old total. What are

asked by Wendy on October 30, 2012
94. ## Economics

From reading a paragraph, I gathered following facts. Bills and coins outside the bank: 175 Checkable deposits 418 savings and time deposits 1782 currency inside bank 28 central bank deposit 186. so.. the banks reserve is 186+28=214 monetary base: 186 +

asked by Anne on November 29, 2006
95. ## Quantitative methods

State Bank made a loan at 12% interest for 360 days. If the amount of interest was \$934.20, use the ordinary interest method to find the amount of principal borrowed.

asked by Richard Zimmerman on June 15, 2017
96. ## Maths

A bank charges 2 1/2% commission for issuing a bank draft. If a customer obtained a bank draft for #84,000 from the bank, calculate the total cost of the bank draft

asked by Gift on September 15, 2017
97. ## math

You’re getting married and are unhappy with your present bank. Discuss how you should go about choosing a new bank and opening an account. Consider the factors that are important to you in selecting a bank— such as the type and ownership of new

asked by tota on May 5, 2014
98. ## essential Mathematics

if on the first of january a savings account has a balance of \$3,200, what amount will be there in this account after three years if the bank gives 6% per year interest compounded quarterly? (assume that there are no deposits or withdraws of money during

asked by unknown on May 28, 2010
99. ## math need help with this

If on the first of January a savings account has a balance of \$3200 what amount will be in this account after three years if the bank gives 6% per year interest compounded quarterly?Assume that there are no deposits or withdrawals of money during these

asked by laura on December 17, 2008
100. ## math - linear programming

A woman wishes to invest \$12,000 in three of bonds: municipal bonds paying 7% interest per year, bank investment certificates paying 8%, and high-risk bonds paying 12%. For tax reasons she wants the amount invested in municipal bonds to be at least three

asked by Sky on December 1, 2012