Calculate the amount that will be accumulated after 20 years if $1600 is invested at the beginning of every six months at 9% compounded semiannually. (Do not round intermediate calculations and...
Calculate the amount that will be accumulated after 20 years if $1600 is invested at the beginning of every six months at 9% compounded semiannually. (Do not round intermediate calculations and...
The value V , in dollars, of an investment in year t is given by V = 2500(1.0325)t. Describe the investment in words.
Polly has $30,000 She invests $12,000 at 15%
Janesh has savings of $10,013.98. If he can invest this amount to earn 3.2%, how many days will it take for the investment to grow to $10,200? Also calculate the interest earned for this investment...
a man would like to invest 50000 pesos in government bonds and stocks that will give an overall annual return of 5%. the money to be invested in government bonds will give an annual return of 4 and...
An initial investment of $205.50 is worth $413.75 after 11 years of continuous compounding. Find the interest rate.
Ivan Invested $3500 in a mutual fund earning 10.8% compounded monthly for 3 years. What will his be his final balance?
Suppose you have $13,000 to invest. Which of the two rates would yield the larger amount in 5 years: 10% compounded daily or 9.90% compounded continuously? Which of the two rates would yield the larger...
Suppose you have $13,000 to invest. Which of the two rates would yield the larger amount in 5 years: 10% compounded daily or 9.90% compounded continuously? Which of the two rates would yield the larger...
Suppose $6400 is invested for x years at 7% interest compounded annually. Find the future value of this investment at the end of: a) 10 years b) 30 years.
use the formula S=P(1+r)t a) graph the function that gives the future value of $56,000 invested at 9% compounded annually for t years. b) find the future value of $56,000 invested for...
Your traditional IRA account has stock of GFH, which cost $2000 20 years ago when you were 50 years old. You have been very fortunate, and the stock is now worth $23000. You are in the...
I did 10000x95, but the answer in the key is option D instead, 95000, not 950,000... I'm totally confused. It isn't a printing error cuz its a part of a bigger question which makes D the...
A total of $25,000 is invested in two funds paying 8% and 8.5% simple interest. The annual interest is $2040. How much is invested in each fund?
I am trying to come up with an equation to solve this problem: A company has $5000 to invest. They have their choice of several packages each package has a onetime fee and an annual interest...
. You have $10,000 to invest in a retirement savings account. Shakedown Investments offers a retirement account with 7.8% interest compounded monthly, while Robublind Associates offers a retirement...
7. A plane flies 600 miles with a tail wind in 2 hours. It takes the same plane 4 hours to fly the 600 miles when flying against the wind. What is the plane's speed in still air? ...
bob places $1000 a year in his IRA for ten years and then invests $2000 a year for the next ten years. Mary places $2000 a year in her IRA for ten years and then invests $1000 a year for the...
I'm stuck on this question and i need the answer to this investment question.
A motorboat can go 16 miles downstream on a river in 20 minutes. It takes 30 minutes for this boat to go back upstream the same 16 miles. Find the speed of the current.