Mathematics

Mathematics, 23.08.2019 14:30, tyhe

5) your grandparents put $1,000 into a saving account for you when you were born 30 years ago. this account has been earning interest at a compound rate of 7%. what is its value today?

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Mathematics, 15.07.2019 18:10, ehehvevsbg

The same amount of principal is invested in different accounts earning the same interest rate. which of the following accounts would have the greatest accumulated value at the end of one year? a. an account earning no interest b. an account earning simple interest c. an account earning interest compounded annually d. an account earning interest compounded daily

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Mathematics, 21.07.2019 02:00, susannaking5852

Pat deposits $6,000 into an account earning 4% compounded monthly. how long will it take the account to grow to $10,000? 13 years 10. kay is saving $200 a month into an account earning 5% interest. how long will it take her to save $20,000? james has $3,000 in credit card debt, which charges 14% interest. how long will it take to pay off the card if he makes the minimum payment of $60 a month? 12. chris has saved $200,000 for retirement, and it is in an account earning 6% interest. if she withdraws $3,000 a month, how long will the money last?

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Mathematics, 04.08.2019 16:50, jvsome8

What is the total value of tyler’s savings in the compound interest account after 6 years? how much has tyler earned from interest after 6 years? be sure to use at least three of your vocabulary words in your response to these questions and underline them. what kind of pattern do you notice in the calculations? what shortcut could be used to calculate the account balance for the compound interest account after a certain number of years? justify your reasoning. which type of account would you suggest tyler deposit his money into: the account with simple interest or compound interest? justify your reasoning.

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