168 Answered Questions for the topic Compound Interest

Compound Interest

07/08/18

Calculate how much would need to be invested at 8% p.a. compounded each half year to accumulate to $9600 in six years
I need help with this compound interest question it’s working backwards and I don’t know how to do it and don’t know it’s formula
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Compound Interest

07/07/18

How long will it take money to triple at an apr of 7% compounded annually?
?  
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Compound Interest

06/24/18

Need help find P in a compound interest question.
Determine the principal P that must be invested at rate r = 4%, compounded monthly, so that $500,000 will be available for retirement in t = 10 years.   P= $?
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Compound Interest

06/15/18

If you do this question "long hand" the old fashioned way, why doesn't interest get added in the last year?
The mall that you are managing will need new cooling towers, so you have created a reserve account. If you deposit $50,000 per year in an account that pays 3% interest, how much will you accumulate... more
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Compound Interest

06/03/18

how much will you need to invest at 5.65 % compound monthly if you want 225,000 in 7 years
 how much will need to be invested to have 225,000 in 7 years at 5.65 % monthly
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Compound Interest Compound Interest Formula

05/22/18

At what rate percent will Rs1000 double in 10years at compound interest ?
I want a solution of a question related to compound interest ?
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Compound Interest

05/02/18

Compound interest with simple interest?
My head is going to explode. Any help is greatly appreciated even if you can just give me the formula I’m supposed to use for each one. I am so lost.     In the inter-change bank judgment, the... more
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Compound Interest Interest Financial Mathematics

04/29/18

Financial Mathematics
Gabriella purchases a new car. The car's value in dollars, V, is modelled by the function  V(t) = 12870 - k(1.1)t , t ≥ 0   t- the number of years since the car was purchased  k - constant k =... more
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Compound Interest Calculus Pre Calculus Formulas

04/28/18

Use the compound interest formulas A=P(1+(r)/(n))^nt and A=Pe^rt to solve.
Find the accumulated value of an investment of $5000 at 7% compounded continuously for 6 years.
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Compound Interest

04/04/18

compound interest
on the 1st of January carol invested some money into a bank the account pays 2.5% compound interest per year on 1st January 2015 carol withdrew 1000 pounds from the account on 1st January 2016,... more
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Compound Interest

03/17/18

$15,000 is invested for 9 years with an APR of 4% and a quarterly compound
what is the balance of the account after 9 years
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Compound Interest

03/05/18

Ade borrows #7500 for 90days at 12% rate if intrest is compounded daily how much will she owe at end of 90 days
Compound interest
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Compound Interest

02/16/18

Compound interest
Compound interest; find the number of yearsEquation given: A = P(1+R/100)x A= amount of money accruing after x yearsP= principal amountR= rate % per annumx= number of years for which the money is... more
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Compound Interest

02/05/18

You deposit $500 in a savings account that earns 6% interest compounded monthly. Write a function. What is the balance after 2 years.
Write a function. What is the account balance after 2 years?
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Compound Interest

02/01/18

I have a question with Planning ahead with Compound interest, the formula didn't works me
elly 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 she has... more
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Compound Interest

01/22/18

Compound interest
The compound interest for 2 years and 3 years on certain principal at certain rate of interest are Rs 8820 and Rs 9261 respectively. Find the rate of interest and the principal. 
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Compound Interest

01/20/18

Find the sum that $3000 will amount to?
To what sum will $3000 amount to in 10 years if invested at a 4% effective rate for the first 5 years and at a rate of 4% compounded semiannually thereafter?
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Compound Interest

01/20/18

Determine the effective rate of interest
Over a 10 year period, an original principal of 4500 accumulated to 6875 in an account in which interest was compounded semiannually. Determine the effective rate of interest (rounded to 2 decimal... more
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Compound Interest

01/20/18

How long will it take for an investment to triple?
How long will it take for money to triple if it is invested at the following rates? 1) 3% compounded monthly 2) 2% compounded annually
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Compound Interest

01/02/18

Cythia invests some money in a bank which pays 5% compound interest per year. she wants it to be worth over £8000 at the end of 3 years.
what is the smallest amount ,to the nearest pound she can invest?  
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Compound Interest

11/28/17

One account earns 5.25% interest compounded annually, while another earns 5.1% compounded weekly. Which account earns more interest?
I need help solving this word problem 
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Compound Interest Actuarial Science Mortgage Payments

11/26/17

Mortgages pb help pleaaase
A home selling for $620,000 is to be purchased with a 30% down payment and the remainder financed through mortgage with monthly payments over 25 years. Determine the monthly payment if rates for... more
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Compound Interest

11/26/17

plz explain how you solve 550(1+x/100)^10=638.30 (compound interest)
 plz explain
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Compound Interest Business Calculus

11/22/17

Compound interest
Stockman's bank will pay 4.2% compounded annually, on a saving account. A competitor, Mesalands savings, offers monthly compounding on savings accounts. What is the minimum annual interest rate... more
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Compound Interest

10/27/17

Compound intrest
On the 1st January 2014 Carol invested some money in a bank account.The account pays 2.5% compound interest per year.On the 1st January 2015 Carol withdrew £1000 from the account.On the 1st January... more
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