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Compound Interest
Page 10
Questions (2,334)
Marcus invests $8,000, at 8% interest, compounded annually for 15 years. Calculate the compound interest for his investment.
4 answers
asked by
Jasmine
2,023 views
An investor puts $700 in an account that pays 2% interest compounded annually. Find the account balance after 8 years.
5 answers
asked by
hi
1,197 views
How oong will it take $20,000 earning 3.5% annual interest to double in value?
2 answers
asked by
Daniela
1,029 views
A man will deposit 6750 in a fund at the end of each 6 months for 10 yrs. Find the size of the fund at the end of 3 yrs if it is
4 answers
asked by
Lopee
454 views
The Fresh and Green Company has a savings plan for employees. If an employee makes an initial deposit of $1000, the company pays
4 answers
asked by
Anonymous
1,573 views
A man invests $10, 000 in an account that pays 8.5% interest per year, compounded quarterly.
What is the amount of money that he
4 answers
asked by
Jay
2,428 views
jeff invested $3000 in an account that earns 6.5% intresest , compounded annually. the formula for compound intrest is
3 answers
asked by
zoe
918 views
A passbook savings account has a rate of 8%. Find the effective annual yield if the interest is compounded quarterly.
4 answers
asked by
Chris
2,157 views
How long will it take $500 to accumulate to $850 at 12% compounded monthly?
I got 4.4 Pls do check whether I got it right. Btw is
3 answers
asked by
melon
521 views
Find the value of $800 deposited in a bank at 10% interest for 8 years compounded in the following ways. (Round your answers to
4 answers
asked by
aj
1,382 views
Sally puts $200.00 in a bank account. This account earns 8% compound interest. How much money is in the account after three
6 answers
asked by
Someone please help!!
2,393 views
Compound word problem
Sarah decides to open up her own bank account for her schooling and wants to save money. She decides to put
2 answers
asked by
Mike
627 views
Occasionally a savings account may actually pay interest compounded continuously. For each deposit, find the interest earned
3 answers
asked by
Shelby
50 views
Occasionally a savings account may actually pay interest compounded continuously. For each deposit, find the interest earned
3 answers
asked by
Shelby
74 views
Ann and Tom want to establish a fund for their grandson's college education. What lump sum must they deposit at a 9.39%
4 answers
asked by
John
2,004 views
Serge invests $700 at 5.75% per year,
compounded quarterly. When the account is closed, its value will be $950. How long will
4 answers
asked by
Peter
844 views
Calculate the compound interest on 7400 in 4years at 6percent p.a if the Interest is calculated every 3months
3 answers
asked by
queen
776 views
At what rate percent does compound interest on a sum of money becomes fourfold in 2 years.
2 answers
asked by
Hussan
487 views
Munshi saved rm 500 a year ago and x ringgit today , in an account that pays 8.5% compounded semi- annually . Find the value of
4 answers
asked by
Muhammad nur ikhwan
683 views
Reuben deposited $2000
into an account with a 3.8% annual interest rate, compounded semiannually. Assuming that no withdrawals
3 answers
asked by
.
611 views
ted Williams made deposits of 500.00 at the end of each year for eight years. the rat is 8% compounded annually. calculate the
4 answers
asked by
jackie
2,981 views
If an individual saves $5,700 and elects to place the total dollar amount into a savings account earning 2.75% APR
3 answers
asked by
Chuck
759 views
John invest $2,975 at 4% interest compound annually. What will be the balance in the account after?
a) 3,272.50 b)3,281.48 c)
7 answers
asked by
Newscapepro
714 views
If i invest R2950 in the bank, the interest rate is 8,10% per month. What will be the value of my money in period of 18 months?
3 answers
asked by
Ayanda
381 views
An initial investment of $9000 grows at an annual interest rate of 5% compounded continuously. How long will it take to double
3 answers
asked by
Anonymous
2,105 views
An investment grows according to the exponential equation y = 15,000 · 1.07x, where x is the number of years invested. Which of
3 answers
asked by
David B.
2,228 views
$6350 is compounded semiannually at 14% for 12 years. What is the total amount in the compound interest account?
3 answers
asked by
holly
500 views
The Jones hope to accumulate $12000 for a sunroom over the next 6 yrs. How much would they need to invest right now at 3.9%
4 answers
asked by
Ron
593 views
suppose you deposit $3000 in a savings account that pays interest in a a rate of 4%. if no money is added or withdrawn from the
5 answers
asked by
brandon
4,614 views
find the compound interest of principal=rs 12,550, amount=?, rate of interest=9% semi annually, time= 2.5
4 answers
asked by
aryan
853 views
Suppose you invest $2000 at an annual interest rate of 5.1% compounded continuously. How much will you have in the account after
4 answers
asked by
Jair
1,681 views
Find the effective rate of interest for 5% compounded monthly.
3 answers
asked by
julie
997 views
On your birthday, you deposit $540.00 in an account that pays 6% interest compound anually. How much is in the account 3 years
7 answers
asked by
Blair
1,936 views
If 50100 dollars is deposited in an account for 14 years at 5.35 percent compounded continuously , find the average value of the
3 answers
asked by
Irina
438 views
Use the compound interest formulas A = Pert and A = P(1 + 𝑟/n)^nt to solve.
Suppose that you have $11,000 to invest. Which
4 answers
asked by
Ciara
2,275 views
1. Use the compound interest table to find the compound amount earned on a $5,900 deposit for 10 years at 10% compounded
3 answers
asked by
Mac
1,589 views
Suppose your parents deposited $1,500 in an account saying 3.5% interest compounded annually (once a year) when you were born. I
3 answers
asked by
timberly
1,212 views
Find the doubling time of an investment earning 7% interest if interest is compounded continuously is ____years.
Round to the
3 answers
asked by
Ernie
1,516 views
Your bank pays 9% interest, compounded annually. Use the appropriate formula to find how much you should deposit now to yeild an
3 answers
asked by
Ralph
1,417 views
$2500 is invested in an account that pays 12% interest, compounded continuously. Find the time required for the amount to triple
3 answers
asked by
Tamie
899 views
On August 1,1990, Mr.Talamos borrows 9,500 pesos and agrees to pay the compounded amont on the day he pays the debt. If interest
4 answers
asked by
BM plss help
1,098 views
Treasure Mountain International School in Park City, Utah, is a public middle school interested in raising money for next year's
3 answers
asked by
Jazmin
1,785 views
Lily invests $4,000, at 6% interest, compounded quarterly for 5 years. Calculate the compound interest for her investment by
4 answers
asked by
Everett
1,305 views
Assume an investment of $7000 earns an APR (Annual Percentage Rate) of 6% compounded monthly for 18 months.
The money in your
3 answers
asked by
Alexis
797 views
A sum of money,X was deposited in a saving account at 10 percent compounded daily on 25 july 1993. on 13 august 1993, rm600 was
5 answers
asked by
fizz
725 views
calculate the present value (principal) and compound interest on $900 (term of investment 1.75 years ) rate of 18% compounded
3 answers
asked by
teresa
577 views
If you inherited $ 45,000 today and invested all of it in a security that paid a 7 percent rate of return, how much would you
3 answers
asked by
sharee
1,599 views
Jose invests $3, 250 at 6% interest compounded annually. What will be the balance in the account after 3.5 years?
7 answers
asked by
Moby
1,914 views
Suppose 48,000 is invested at an interest rate of 4.2%, compounded quarterly. What will the account be in 10 years?
2 answers
asked by
Anonymous
493 views
find the amount of money accumulated if you invested $10,000 at 5.4% interest for 8 years compounded continuously.
2 answers
asked by
Chake
669 views
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