Search 74,151 tutors
FIND TUTORS
Ask a question

Ask questions and get free answers from expert tutors

Interest Rates Answers

Most Active Answered Newest Most Votes

The annual interest on a $6000 investment exceeds the interest earned on a $1000 investment by$517. The $6000 is invested at a 0.7% higher rate of interest than the $1000. What is the interest rate...

Suppose you want to have enough money in the bank 45 years from now (when you retire) so that the interest on the account would be enough to live on each year from then on. If you'll need $80,000...

Kelly wants to accumulate 1 million dollars by investing a lump sum into an IRA (Individual Retirement Account) and letting it grow for the next 45 years. After researching different IRA's...

If we invest $10,000 into two accounts, some is invested at 5% interest rate, and the rest is invested at an 8% interest rate. If the total interest accrued was $645, find the amount invested at each...

1 2 3

RSS Interest Rates Answers RSS feed