13 Answered Questions for the topic Annual Interest

Annual Interest

05/02/18

#### How much was put in each account?

Lupe inherited 10000 and decide to invest she opens two accounts one pays 6.5% annual intetest and the other 5.5% annual interest at the end of the 1st year the account totaled 10582... How much... more
Annual Interest

08/12/17

#### invested $4,000 in an account that paid 2.3% annual interest compounded weekly able to pay$5,000 for his new lathe. How much is in his account after 10 years?

I know the answer I just need to show the work that I don't know how to do for the problem.

Annual Interest

04/28/16

#### You invest $4000 in an account that grows up to$6,520 in 4 years. Find the annual interest rate

Finding the annual interest rate, after 4 years, invest $4000 in an account that grows to$6,520

#### Find the base, b, for the exponential equation of the form y=a x b^x that describes each situation.

A savings account earns 2% annual interest, compounded annually. The variable y gives the amount of money in the account after x years. Find the base, b, for the exponential equation of the form... more
Annual Interest

12/09/15

#### Mark invests $6,000 in an account. Mark invests$6,000 in an account. How long will it take for the investment to double if the annual interest rate is 5.5%, compounded monthly. Round the answer to two decimal places
Annual Interest Math Algebra Math Help

11/12/15

Your credit card has an annual percentage rate (APR) of 24% and a minimum payment of $10.00. If you make the minimum payment every month, use the table below to determine how long it will take to... more Annual Interest 10/05/15 #### Calculate the annualized interest rate these companies are charging if the penalty is two percent a month. What if the penalty was two percent a week? According to an article in the Maclean’s magazine, “Cable, satellite and wireless companies may becharging illegal late fees. Companies may calculate a compounded late-fee rate of two percent a... more 09/30/15 #### Interest compounded annually You place$800 in an account that earns 4% annual interest, compounded annually. How long will it be until you have \$2000?
Annual Interest Percentage Interest Rates Money

09/14/14

#### Investment Problems, How do you solve the problem below?

Orlando, a financial planner, recommended that 25% of a client's investment be placed in a 4% annual simple interest tax-free account, that 40% be placed in 6% certificates of deposit, and that the... more

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