Mathematics
Mathematics, 23.09.2019 18:30, uh8hardiek

How much money will you need to invest initially to have $750 in 10 years and eight months if the money is compounded daily at an annual rate of 2 1/2%
a.$585.90
b.$576.33
c.$574.60
d.$574.45

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Mathematics, 29.06.2019 13:00, AbhiramAkella
How much money will you need to invest initially to have $750.00 in 10 years and 8 months if the money is compounded daily at an annual rate of ? $576.33 $574.60 $574.45 $585.90
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Mathematics, 13.07.2019 23:00, angie249
How much money will you need to invest initially to have $10,500.00 in two and one-quarter years if the money is compounded monthly at an annual rate of 3.25%?
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Mathematics, 19.07.2019 17:30, dakotacsey03
George and jim were brother were brothers who were each left an inheritance of $20,000. george invested his money in an account for 5 years at an annual interst rate of 6% compounded quarterly,jim invested his money for 5 years at an annual simple interest rate of 6.75%.at the end of the five years, they agreed to pool their accumulated principals into one account for a further 5 years with an annual interest rate of 5% compounded monthly. a. how much accumulated principal did george and jim each have after 5 years? hence determine how much money they had to pool. b. what was the accumulated principal of their pooled money at the end of the 10 year period. c. when george and jim first recieved their inheritance, the executor of the will suggested that they pool their resources immediately for 10 years and invest in an account that paid an annual interest rate of 6.75% compounded monthly. in view of your answer in (a) and (b) above, should they have taken this advice? explain.
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Mathematics, 24.07.2019 23:30, genyjoannerubiera
1. suppose you invest $5010 at an annual interest rate of 6.4% compounded continuously. a.) write an equation to model this. b) how much money will you have in the account after 2 years? 2. suppose you invest $100 at 6% annual interest. calculate the amount of money you would have after 1 year if the interest is compounded: a.) quarterly. b.) monthly. c.) daily. 3. suppose you deposit $100,000 in an account today that pays 6% interest compounded annually. write an equation to determine how long it will take before the amount in your account is $500,000 (note: you only have to write the equation). i need because i'm stuck.
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