I need some help on setting up this problem, and how to find the formula to get the correct answer.. this sounds like a different language like where do I start? Can I put this in a table or a chart...

I need some help on setting up this problem, and how to find the formula to get the correct answer.. this sounds like a different language like where do I start? Can I put this in a table or a chart...

I need some help on setting up this problem, and how to find the formula to get the correct answer.. this sounds like a different language like where do I start? Can I put this in a table or a chart...

Westin Lord Braking Company invested $150,650 in a fund at an interest rate of 11% compounded monthly. At the end of 5 months, the company's investment advisor transferred these funds...

Compound interest

compound interest

Need help understanding concept of Compound Interest. A bank offers two types of interest accounts The first account receives 6% compounded monthly. The second account receives 5% interest compounded...

math problem

An employee wants to invest $50,000 in a pension plan. One investment offers 6% compounded quarterly. Another offers 5.75% compounded continuously. (a) Which investment will earn more interest...

The doubling time of an investment earning 8% interest if interest is compounded continuously is ___ years.

It will take __ years before the investment triples.

how much did they earn affter 40 years

show the equation to find the answer as well

Q: A school increases its intake by 10% each year. If it starts with 1000 students, how many will it have at the beginning of the fourth year of expansion? The answer from the answer sheet...

Compound interest a company bought a van that had a value of £12,000. Each year the value of the van depreciates by 25%. Work out the value of the van at the end of three years.

Use the compound interest formula to compute the total amount accumulated and the interest earned.

Luke decided to begin saving for retirement at the age of 32. He decided to deposit $70 at the end of each month in an IRA that pays 5% compounded monthly. What will be his interest if he...

James borrowed $700.00 to purchase an Apple watch and an IPad mini. The loan required 24 monthly payments of $35.00. However, he paid off the loan in 16 payments. How much did he save by paying it...

$3000 is deposited into an account that pays 5% annual interest for 10 years. How much more would be in the account if the interest were compounded continuously rather than quarterly?

parents opened an account with $5,000 18 years ago at a 1.6% interest rate,compounded annually. how much money is in the account now?

someone opened an account with $2,500 18 years ago at a 2.8% interest rate, compounded annually. how much is in the account now?