Mathematics, 24.09.2019 14:30, tylermdons

$8,000 is invested at an annual rate of 6% with interest compounded monthly. find the balance of the investment after 5 years

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Mathematics, 29.06.2019 21:30, bellaisbored202

Coin had a value of $257.00 in 1995. its value has been increasing at 9% per year. what is the total value after 5 years? when will the coin be worth $600.? 2. gina deposited $2200 in an account that pays 4% interest compounded quarterly. what will the balance be in 2 years? when will the account have approximately $2946.00? 3. the garcias have $15,000 in a savings account. the bank pays 2.5% interest on savings account, compounded monthly. find the total balance after six years. in what year will the account double? in what year will the account triple? if the current average cost to attend college is $60,000.00, when will the account have a sufficient amount to fund four years of college? 4. a $3200 investment is invested at 3.25% annual interest compounded monthly. determine the amount of interest earned after four years. how much will be in the account after 8 years? when will the account contain $250,000? 5. a $150,000 investment is invested at 2.2% annual interest compounded quarterly. how much interest is earned after 12 years? how long will it be before the account triples? how much interest is earned at this time? 6. the fresh and green company has a savings plan for employees. if an employee makes an initial deposit of $5000, the company pays 3% interest compounded bimonthly (every 2 months). if an employee withdraws the money after five years, how much is withdrawn? when will the account contain $16143.18? when will the account double? find the interest earned if the money is withdrawn after 35 years. 7. mr. and mrs. boyce bought a house for $205,000 in 1995. real estate values in their area decreased approximately 2% each year until the year 2012. a.what was the value of the house in 2012? b.if the market increases at a rate of 3% from 2012 on, when will be the value of the house be worth $205,000 again?

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Mathematics, 16.07.2019 10:50, brandonholden

Use a=p(1+rn)nt a=p(1+rn)nt where: a = the amortized amount (total loan/investment amount over the life of the loan/investment) p = the initial amount of the loan/investment r = the annual rate of interest n = the number of times interest is compounded each year t = the time in years find how long it takes a $2,200.00 investment to earn $210.00 in interest if it is invested at 10% compounded monthly. it will take years. (round answer to 3 decimal places.)

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Mathematics, 26.08.2019 22:30, homework1911

Ineed as soon as use the compound interest formulas a=p(1+r/n)^nt and a=pe^rt to solve numbers 11-15. 11. find the accumulated value of an investment of $10,000 for 5 years at an interest rate of 5.5% if the money is compounded semiannually. 12. find the accumulated value of an investment of $10,000 for 5 years at an interest rate of 5.5% if the money is compounded quarterly. 13. find the accumulated value of an investment of $10,000 for 5 years at an interest rate of 5.5% if the money is compounded monthly 14. find the accumulated value of an investment of $10,000 for 5 years at an interest rate of 5.5% if the money is compounded continuously. 15. suppose that you have $6000 to invest. which investment yields the greatest return over 4 years: 8.25% compounded quarterly or 8.3% compounded semiannually?

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Mathematics, 29.08.2019 16:30, juliann5640

Find the balance on 22,000 invested at and annual interest rate of 2.75% for 5 years , find a) compounded monthly. b) compounded daily

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