Mathematics

Mathematics, 26.06.2019 14:10, quarrella

You $500 that you want to put into a savings account. you have two choices: you can put one into account that pays simple interest on an annual rate of 7%, or you can put it into an account that pays 5% interest compounded annually. fill in the table and make a graph showing your balance after each year for the first 5 years. properly label your graph. i just need years 1 through 5 for both

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Mathematics, 01.10.2019 16:30, sriharin58ozhj9m

Nina deposit $3400 into a saving account that pays a simple annual interest rate of 2.2%. how much interest will she earn after 3 months? a) $1.87 b)$18.70 c)$22.44 d) 224.40 edwin deposited money into a savings account that pays a simple annual interest rate of 1.4%. he earned $24.50 in interest after 5 years. how much did he deposit? a) 122.50 b) 350.00 c) 875.00 d) 1750.00

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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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Mathematics, 01.11.2019 21:31, kenoknox

Ihave 5 questions 1) ben is choosing between two savings accounts. both accounts pay 3% interest. account x pays compound interest. account y pays simple interest. ben should choose account x because a) the interest would be tax free. b) it would pay interest on interest. c) the interest rate would decrease over time. d) the interest rate would increase over time. 2) liam puts $2,000 in the bank with a 3% annual interest rate compounded annually. if liam does not touch his money, how much money will he have after two years? a) $2,000.06 b) $2,060.00 c) $2,120.00 d) $2,121.80 3) noah wants to put $1,000 in a savings account with a 1.5% annual interest rate. how much more money will he have after one year if it is compounded monthly versus no compounding? a) $0.10 b) $15.00 c) $1015.00 d) $1015.10 4) sam has a loan for $1200 at a rate of 9% annually. how much interest will he pay in 5 years? a) $54.40 b) $108.00 c) $540.00 d) $1740.00 5) jill and bill are the same age. jill inherits $20,000 when she is 25, and invests it in an account earning 5% annual interest rate, compounded annually. bill receives a $20,000 bonus at age 35, and then invests it in an account which also earns a 5% annual interest rate, compounded annually. how much more money does jill have than bill at age 50? a) $0 b) $10,000 c) $18,075 d) $26,149

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Mathematics, 06.11.2019 00:31, kdog1738

1) noah wants to put $1,000 in a savings account with a 1.5% annual interest rate. how much more money will he have after one year if it is compounded monthly versus no compounding? a) $0.10 b) $15.00 c) $1015.00 d) $1015.10 2) sam has a loan for $1200 at a rate of 9% annually. how much interest will he pay in 5 years? a) $54.40 b) $108.00 c) $540.00 d) $1740.00 3) jill and bill are the same age. jill inherits $20,000 when she is 25, and invests it in an account earning 5% annual interest rate, compounded annually. bill receives a $20,000 bonus at age 35, and then invests it in an account which also earns a 5% annual interest rate, compounded annually. how much more money does jill have than bill at age 50? a) $0 b) $10,000 c) $18,075 d) $26,149 4) liam puts $2,000 in the bank with a 3% annual interest rate compounded annually. if liam does not touch his money, how much money will he have after two years? a) $2,000.06 b) $2,060.00 c) $2,120.00 d) $2,121.80 5) ben is choosing between two savings accounts. both accounts pay 3% interest. account x pays compound interest. account y pays simple interest. ben should choose account x because a) the interest would be tax free. b) it would pay interest on interest. c) the interest rate would decrease over time. d) the interest rate would increase over time.

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