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?

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?

We have to find the rate of interest

I have two questions and I have to find the balance. 1. $200 at 3% for 5 years 2. $750 at 8% for 5 years

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...

Gabriella purchases a new car. The car's value in dollars, V, is modelled by the function V(t) = 12870 - k(1.1)t , t ≥ 0 t- the number of years since the car was purchased k...

For her birthday, Lexi's parents gave her $5,575.00 which they put into a savings account that earns 9% interest compounded annually. When Lexi started college, she withdrew the entire balance of...

Find the future value, using the future value formula and a calculator. (Round your answer to the nearest cent.)

Jack has $500 to invest. The bank offers an interest rate of 6% compounded annually. How much money will Jack have after 1 year?

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.

Find the accumulated value of an investment of $17,000 at 6% compounded annually for 13 years.

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...

interest rate

$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...

Interest!

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?