rhoda earned an interest amount of kshs.45000 from her account deposit of kshs.260000 in three years.if the bank coumponded interest twice annualy ,determine the commission rate if the rate if the...
rhoda earned an interest amount of kshs.45000 from her account deposit of kshs.260000 in three years.if the bank coumponded interest twice annualy ,determine the commission rate if the rate if the...
URGENT HELP NEEDED! Compound interest need help badly homework is due
A=P(1+(r/100))^n
If it's compounded semi-annually
yujin Pon has a principal of $900 in her savings account on october 1. The money earns interest at a rate of 6.5% compounded quarterly. what is the amount in the account after 6 years?
Dell Morzburg deposits $1000 in an ordinary annuity at the end of each month inaccount the earns 3% interest compounded monthly. What is the future value of the annuity in 12 years? How much interest...
Round your answer to the nearest year and day. For example, 8 years and 15 days.
Compound Interest Worksheet
$15, 000 is invested for 1 year. find the future value based on simple interest of 8% and 8% interest compounded every 6 months. then find the difference between the two.
I have been recently using compound interest, annuity and simple interest formulas to solve my other problems, but then I came across this problem.
Dale invests $50,000 at 3.9% interest, compounded weekly. How much will he have in 2 years?
You make an investment of $3000 in an account in which interest is compounded annually. This investment grows to $3215.96 after 5 years. What is the annual interest rate?
Month: 31 days Previous Month's Balance: $950 Interest Rate: 21% Date Transaction May...
I want to know if it's possible to calculate interest that is compounded annually at a rate of 5% for an amount that began halfway through the year. Is there a formula that determines the interest...
The given information to solve for r are: A = $4,000,000 P = $40,000 t = 40 Please help solve in step by step manner to determine the r...
how do I found the compound interest if it is compounded quarterly. The principal is $1000 and interest rate is 6%. I know the rate would be 6% divided by 4 = 1.5% but I for some...
The process of calculating compound and simple interest on an investment which might be appreciating or depreciating in value. The step by step explanation will helpful. Thanks for your previous answers...
Finite Mathematics Problem
The following formula is incorrect for compound interest with the symbols defined this way, can someone tell me why? Compound Interest is described by A = P(1+rm)^n,...
Suppose $1000 is invested at interest rate k, compounded continuously, and grows to $1144.54 in 3 years. 1) What is the interest rate? 2) What is the exponential growth formula...