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1.  if interest is compounded annually, how much is \$1000 work in 8 yrs at 8%?  (show the formula to use)       2.  the formula to find the total amount...

Suppose that \$1,279 is invested at 2.57% interest compounded quarterly. How much is in the account after 7 years? Round answer to the nearest cent ( 2 decimal places)

Depostiting 3,000 for 6 years and 7 percent interest, what would be the return to the nearest cent?     What would be the return if the bank compounds monthly?       If...

I have no idea how to work this problem. Someone show me how to please

How to do the steps

How does the answer 60,000=P(1.7410) come from the equation 60,000 = P(1+0.02)^28? I need to see the whole equation.

The formula is f(t) = P(1 + r/n)nt  \$62,000 is invested in a CD with the interest rate of 25% Time in years is 18 the compounding periods  per year is quarterly and...

Can not understand how to get answer with this formula Total interest earned = 9.5%x+8%(x+3000)

In simple interest how would I calculate this to obtain an answer. Find the imple interest on this loan: \$1000 borrowed at 8.2% for 1.5 years?

I was absent on the day my class learned how to do it. I kind of got an understanding of how to do it from the math book, but I still got my answers wrong. I need to understand how to put the problem...

May. 15, 2010, Leven Corp. negotiated a short-term loan of \$703,000. The loan is due Oct. 13, 2010, and carries a 7.04% interest rate. Use ordinary interest to calculate the interest. What is...

May. 15, 2010, Leven Corp. negotiated a short-term loan of \$703,000. The loan is due Oct. 13, 2010, and carries a 7.04% interest rate. Use ordinary interest to calculate the interest. What is...

May. 15, 2010, Leven Corp. negotiated a short-term loan of \$703,000. The loan is due Oct. 13, 2010, and carries a 7.04% interest rate. Use ordinary interest to calculate the interest. What is...

Leslie Hart borrowed \$15,900 to pay for her childâ€™s education at Riverside Community College. Leslie must repay the loan at the end of 6 months in one payment with 3 3\4% interest. a) How...