Johny opens a personal bank account to put into part of his monthly allowance. If the account gives an annual simple interest rate of 2%, express the amount in Johny's account as a function of time...

Johny opens a personal bank account to put into part of his monthly allowance. If the account gives an annual simple interest rate of 2%, express the amount in Johny's account as a function of time...

A deposit of $2200 in a savings account reaches a balance of $2795.63 after 6 years. The interest on the account is compounded monthly. What is the annual intere rate of the account

The annual Gross Domestic Product (GDP) of a country is the value of all of the goods and services produced in the country during a year. During the period 1985-1999, the Gross Domestic Product of...

At what rate do you need to invest money into a bank account earning continuosly compounded interest if you want to double your money in 75 months?

I still owe about 840.00 on this bill

What annual simple interest rate corresponds to an investment of $100 at 8% p.a. compounded monthly for 3 years? The answer according to the textbook is 9.01% p.a. and i don't understand how you get...

I don't know how to work this out, please help! haha

what will be brenda's new total balance

How much should you invest each month in order to have $800,000 if your rate of return is 5.3% compounded monthly and you want to achieve your goal in 40 years? If you deposit...

In years, how long does it take to double the investment?

a if interest is computed as simple interest b if interest is compounded yearly

a if interest is computed as simple interest b if interest is compounded yearly

I'm in algebra 1 and I'm learning with a table with quantity, rate and value A team of cancer researchers received a grant of $300000 to be used for cancer research. They deposited some in a 10%...

A loan of 14,250 at an interest rate of 10% for 4 years. How much will i pay total after 4 years?

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

Gabby invested $6500 at 2.3% interest rate compounded monthly. What is the minimum number of years Gabby must wait to have at least $7500? I have another question like this but I would...

David wishes to deposit $2000 in a bank for 5 years. Two banks caught his interests. SBD BANK -8% simple interest for 1st year -4% simple interest for subsequent years CBCO...

I need some help on setting up this problem, and how to find the formula to get the correct answer.. Here it is: A retiree needs a yearly income of $10,200 from his $150,000 IRA to help fund...

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...