Annual interest

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

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

You deposit $300 each month into an account earning 7% interest compounded monthly.a) How much will you have in the account in 20 years?$156,278b) How much total money will you put into the... more

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... more

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... more

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 $13,o00 from her IRA to help fund her retirement.... more

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

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

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

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

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

You place $800 in an account that earns 4% annual interest, compounded annually. How long will it be until you have $2000?

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