An item of plant costs £25,000. It depreciates at 15% per year. Servicing and maintenance costs £2500.00 in the first year and increases by 5% per year: Find: The...

An item of plant costs £25,000. It depreciates at 15% per year. Servicing and maintenance costs £2500.00 in the first year and increases by 5% per year: Find: The...

URGENT HELP NEEDED! Compound interest need help badly homework is due

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...

You want to invest $30,000 into a compound interest loan for 5 years. The bank offers you 3 options.

The three options are 1. 9% compounded yearly 2. 5% Compounded quarterly 3. 5% Compounded monthly I did the work and the formula for compound...

Joshua puts $8,765 in a 10 year 5.28% savings certificate in which interest is compounded quarterly. how much interest does he earn in the second year, the fourth year, the seventh year, and the 10th...

Lee deposits $15,000 at 9% interest compounded semiannually. at the beginning of year 4 he deposits an additional $40.000 9% semiannually. How much does he have at the end of 6 yrs?

Interest rates have dropped and the owner wants to refinance the unpaid balance by signing a new15-year mortgage at 6.6% compounded monthly. How much interest will refinancing save?

Problem 1. Compound interest. This morning Paul and Mark invest their money. Paul invests 20 000$ at a 8.8% annual interest rate. Interest accrues each night, but compounds only semiannually. Mark...

Sally invested $5,000 at 5% interest rate compounded continuously. How many years must Sally wait to double his money?

$29,800 AT 11% COMPOUNDED ANNUALLY FOR 8 YEARS

Compound Interest. How much money should you deposit into a certificate of deposit that pays 4% a year compounded continuously to have $90,000 in the account in 18 years? Round the...

Compound Interest Problem: How much money should be put in a savings account now that earns 4.0% a year compounded weekly if you want to have $60,000 in 15 years? Round the answer...

Find the size of each of 4 payments made at the end of each year into a 7% rate sinking fund which produces $16000 at the end of 4 years

Find the accumulated value of an investment of $5500 at 12% compounded monthly for 15 years. I know the formula is A=P(1+r/h)^nt P = 5500 R = 12 H = ? T = 15 How...

Use the compound interest formula to compute the balance in the following account after the stated period of? time, assuming interest is compounded annually. ?$12 comma 00012,000 invested at an...

Mr. Smith wants to save for his son's college education. If he deposits $200 each month at 6% compounded monthly, how much will he have in the account after 39 months?

It's for an Algebra class.

paul and donna petrie invested$17,000, part at 2%, simple interest and the rest at 4% simple interest for a period of a year. how much did they invest at each rate if their total annual interest from...

solve this question it is very important so pls solve this

The formant A=P(1+r/n)n×t

Marianna L.

GRE and SAT Tutor: Kaplan Teacher and Columbia PhD Student

New York, NY

5.0
(3 ratings)

Ada W.

A master student with background in both Art and Science

New York, NY