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Compound Interest
Page 6
Questions (2,334)
You deposit $400 in a savings account that earns 7% interest compounded annually. What is the function that represents your
4 answers
asked by
Katie
1,960 views
An initial investment of $12,000 is invested for 2 years in an account that earns 4% interest compounded quarterly. Find the
4 answers
asked by
Amy
2,976 views
amina buys a car worth #1.6 million. she pays down #800,000 and the remaining amount is six equal annual installments. if
4 answers
asked by
Kunle
742 views
Kenny will invest $16,000 in an account with an annual interest rate of 5% and the interest is compounded quarterly. How much
4 answers
asked by
Hannah
1,547 views
A young executive deposits $400 at the end of each month for 7 years and then increases the deposits. If the account earns 7.2%,
4 answers
asked by
worried
1,178 views
Suppose you deposit $1000 in an account paying 4% annual interest, compounded monthly. How
much money will you have after 15
4 answers
asked by
leo
4,095 views
June made an initial deposit of $5000 in an account for her son. Assuming an interest rate of 7% compounded quarterly, how much
4 answers
asked by
Aleah
2,714 views
Nathaniel invested $2,900 in an account paying an interest rate of 5.4% compounded continuously. Assuming no deposits or
4 answers
asked by
jak
2,753 views
Suppose Jessica places $8500 in an account that pays 7% interest compounded each year.
Assume that no withdrawals are made from
4 answers
asked by
allia
2,421 views
You deposit $4000 each year into an account earning 6% interest compounded annually. How much will you have in the account in 30
4 answers
asked by
shay
4,919 views
On the day of a child's birth, a deposit of $30,000 is made in a trust fund that pays 3% interest, compounded continuously.
7 answers
asked by
Angie
5,163 views
You deposit $2,000 in an account that pays 8% interest compounded semiannually. After 4 years, the interest rate is increased to
4 answers
asked by
lily
3,189 views
Ann deposited $4000 into an account with 5.2 interest, compounded quarterly. Assuming that no withdrawals are made, how much
4 answers
asked by
Anonymous
4,528 views
Find the balance in the account after the given period.
$500 principal earning 4% compounded quarterly, after 6 yr a. $1,281.65
6 answers
asked by
Kaai97
4,533 views
2. Find the balance in the account after the given period.
$4000 principal earning 6% compounded annually, after 5 yr a.
5 answers
asked by
Kaai97
3,101 views
An investment account earns 4% per year compounded annually. If the initial investment was $4,000.00, how much is in the account
5 answers
asked by
XenaGonzalez
4,419 views
Find the balance in the account after the given period.
$3500 deposit earning 6.75% compounded monthly, after 6 months a.
5 answers
asked by
Kaai97
4,272 views
An initial investment of $480 is appreciated for 7 years in an account that earns 15% interest, compounded quarterly. Find the
5 answers
asked by
kade
4,884 views
determine the amount of an investment if $500 is invested at an interest rate of 4.25% compounded quarterly for 12 years?
4 answers
asked by
Anonymous
3,437 views
10.On 16 april 1990, RM5000 was invested at 6% compounded semi annually. Find the amount accumulated on 16 october 1993 if the
4 answers
asked by
fizz
1,025 views
Compute effective rate of interest where nominal rate is 8% compounded quarterly?
6 answers
asked by
Haroon Gondal
3,151 views
On 16 April 2013, RM 2,000 was invested at 5% compounded semi annually. Find the amount accumulated on 16 October 2016 if the
4 answers
asked by
chun
978 views
Al invests $5,500, at 6% interest, compounded monthly for one year. Calculate the annual percentage yield for his investment.
4 answers
asked by
vickie
1,729 views
You deposit $3000 in an account earning 7% interest compounded continuously. The amount of money in the account after years is
4 answers
asked by
christina
4,616 views
Lance Jackson deposited $5,000 at Basil Bank at 9% interest compounded daily. What is Lance's investment at the end of 4 years?
4 answers
asked by
Kelitis
912 views
Congratulations! You were the 10th caller on the KMTH morning show and you just won $9,000.00. After you calm down, you decide
4 answers
asked by
Chad
2,222 views
Juanita Finn deposits $12,000 into an account at Valley Bank that pays 8% interest compounded quarterly. At the end of 5 years,
4 answers
asked by
ashley
2,674 views
Alfred is saving up money for a down payment on a house. He currently has $3908, but knows he can get a loan at a lower interest
4 answers
asked by
NoName
732 views
If $500 is invested at an interest rate of 4.5% per year, find the amount of the investment at the end of 11 years for the
4 answers
asked by
NHick
2,070 views
An initial investment of $3,000 earns 7% interest compounded continuously. What will the investment be worth in 19 years? (Round
4 answers
asked by
Angel
1,070 views
Danny Joe borrows $10,500 from the bank at 11 percent annually compounded interest to be repaid in six equal annual
4 answers
asked by
Vaness
4,167 views
i need help with these problems below !
mike deposited $500 for 9 months at 8%, compounded quarterly. a. how many times was
4 answers
asked by
bree
1,210 views
Actually calculate the final amount on $1000 compounded annually at 6% per year for 4 years.
7 answers
asked by
Monique
2,150 views
Suppose you invest $400 at an annual interest rate of 7.6% compounded continuously. How much will you have in the account after
4 answers
asked by
Anonymous
2,463 views
What is the compound amount and compound interest of $15,000 invested at 6% compounded quarterly for 27 months?
4 answers
asked by
YOU
1,306 views
find how much interest $15,000 earns in two years in a certificate paying 4.5% interest compounded quarterly?
4 answers
asked by
laz
1,330 views
You deposit $300 in an account earning 5% interest compounded annually. How much
will you have in the account in 10 years?
3 answers
asked by
Anonymous
914 views
Suppose that $575.75 is invested in a savings account with an APR of 12%
compounded monthly. What is the future value of the
4 answers
asked by
Leticia
764 views
Find the final amount of money in an account if $3,300 is deposited at
6% interest compounded quarterly (every 3 months) and the
4 answers
asked by
Me
2,170 views
Peter deposited RM 1,536 on 15 May 2010 into account that pays 10% compounded quarterly. Find the interest earned on 15 February
3 answers
asked by
chun
1,070 views
suppose that $3500 is borrowed for three years at an interest rate of 4% per year. compounded continuously. find the amount
5 answers
asked by
.
1,802 views
Calculate the amount of interest earned in 10 years on $1000 invested at 3% per annum, compounded monthly.
how to solve please
4 answers
asked by
lucifer
731 views
Future value of a $200 deposit in an account that earns 6.25% annual interest is $272.71 after 5 years. Determine the
4 answers
asked by
Sam
1,792 views
An investment decreases by 4% per year for 3 years. By what total percent does it decrease after the 3 years?
4 answers
asked by
josh
1,362 views
Suppose that $4000 is invested at an interest rate of 5.5% per year, compounded continuously. What is the balance after 8 years?
4 answers
asked by
selina
2,806 views
find the balance in the account,
3300 principal earning 4%, compounded annually, after 3 years?
4 answers
asked by
rayna
2,413 views
Jane needs a short-term loan to buy a new washing machine. She needs to borrow $1500 at 20% compounded annually and plans to
6 answers
asked by
Jean
3,295 views
A couple plans to save for their child's college education. What principal must be deposited by the parents when their child is
4 answers
asked by
tomas
2,671 views
Finally, Kevin has a client who would like to invest into an account that earns 3.2% interest, which is compounded annually. The
4 answers
asked by
Kim
1,736 views
Suppose you put $2000 in a savings account at an APR of 8% compounded quarterly. Fill in the table below. (Calculate the
4 answers
asked by
Erin
4,801 views
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