Mathematics

Mathematics, 21.10.2019 14:20, madisonhusbands1458

Calculate the amount of interest you will earn if you deposit $3,200 with a quarterly interest rate of 8.6% for 12 years

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Mathematics, 03.08.2019 17:30, lavardamon123

Asap will medal brainliest amelia plans to open a compound interest savings account with a $22,000 deposit at a bank with an annual interest rate of 5.25%. how much more interest will she earn over 10 years if she chooses an account that compounds interest quarterly instead of annually? interest compounded annually: a = p (1 + r)t interest compounded quarterly: a = p (1 + )4t

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Computers and Technology, 18.09.2019 17:30, uchapman6286

When a bank account pays compound interest, it pays interest not only on the principal amount that was deposited into the account, but also on the interest that has accumulated over time. suppose you want to deposit some money into a savings account, and let the account earn compound interest for a certain number of years. the formula for calculating the balance of the account after a specified number of years is: a = p ( 1 + r n ) n t the terms in the formula are: a is the amount of money in the account after the specified number of years. p is the principal amount that was originally deposited into the account. r is the annual interest rate. n is the number of times per year that the interest is compounded. t is the specified number of years. write a program that makes the calculation for you. the program should ask the user to input the following: the amount of principal originally deposited into the account the annual interest rate paid by the account the number of times per year that the interest is compounded (for example, if interest is compounded monthly, enter 12. if interest is compounded quarterly, enter 4.) the number of years the account will be left to earn interest

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Mathematics, 13.10.2019 11:30, rouna

1. jeffrey currently has an account balance of $1,565.00. his initial deposit on the account was $625 and it earned 4.7% simple interest. how long has jeffrey held the account? 32 years 21 years 13 years 53 years 2. kathryn currently has an account balance of $2,248.95. she opened the account 7 years ago with a deposit of $1,762.14. if the interest compounds quarterly, what is the interest rate on the account? 0.9% 3.5% 9.0% 14.2% 3. wynonna opened a savings account 30 years ago with a deposit of $5,140.17. the account has an interest rate of 3.6% compounded quarterly. how much interest has wynonna earned? $9,923.04 $5,325.22 $9,711.32 $15,063.21 4. roberta deposited $3,116.92 into a savings account with an interest rate of 3.9% compounded quarterly. about how long will it take for the account to be worth $7,000? 14 years, 5 months 20 years, 10 months 21 years, 2 months 29 years, 11 months 5. tracy purchased a building for $209,350. the land appreciates about 4.5% each year. what is the value of the land after 15 years? $221,440.14 $104,935.77 $405,151.38 $350,661.25

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Mathematics, 15.10.2019 01:00, MrConman8460

1) deangelo deposited $9350 into a savings account for which interest is compounded daily at a rate of 2.58% how much interest will he earn after 12 years? a)$2821.97 b)$3392.79 c)$244.36 d)$252.50 2) colby deposited money into a savings account that pays a simple annual interest rate of 1.8% he earned $334.80 in interest after 6 years. how much did he deposit? a)$18,600,00 b)$11,160.00 c)$3100.00 d)$2008.80 3) whitney deposited money into an account in which interest is compounded quarterly at a rate of 2.9% she made no other deposite or withdrawals and the total amount in her account after 12 years was $10,891.31 how much did she deposit ? a)$7700 b)$8650 c)$9700 d)$10,580 4) the graph shows the total amounts in two accounts with the same principal and annual interest rate. after 40 years, how much did the account with compound interest earn than the account with simple interest? a) about $525 b) about $500 c) about $300 d) about $225

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