How much money is in an account that earns 6% compounded quarterly if \$10,000 is initially deposited and there are no withdrawals or additional deposits for 10 yr?

The present value P of A dollars t years from now earning annual interest r compounded n times per year is P=A (1+r/n)^-nt in this context,  A is called the future value.  Find the interest...

A small business invests \$1000 at the end of each month in an account that earns 6% compounded monthlly. how long will it take until the business has \$10,00 toward the purchase of its own office building...

Danny invests \$4400 in two different accounts. The first account paid 4 %, the second account paid 3 % in interest. At the end of the first year he had earned \$158 in interest. How much was in each...

Find values for the amount of an investment and the annual interest rate, given that the investment compounds annually for 2 years, to give a final value within \$100 of \$15 000.

Its all about investment and interest

ou decide to invest some money in two different money market accounts. One account (account A) pays 3% interest. The other account (account B) pays only 2% interest but offers a \$20 bonus for signing...

\$400 is invested in a term deposit which is paying 2.5% pa annum compounded annually  a) What is the interest earned after 1 year?'What is the value of the investment now? b) By what...

Betsy requires \$5000 per year in extra income. She has \$70000 to invest and can invest in bonds paying 15% per year or in a certificate of deposit paying 7% per year. How much money should be invested...

Find values for the amount of an investment and the annual interest rate, given that the investment compounds annually for 2 years, to give a final value within \$100 of \$15 000.

I invested some money in a savings account earning 6% interest and an equal amount of money in bonds earning 8% interest. How much did I invest altogether if I earned \$210 in a year?