168 Answered Questions for the topic Compound Interest

Compound Interest

11/25/16

Interest problems

Joshua puts $8,765 in a 10 year 5.28% savings certificate in which interest is compounded quarterly. how much interest does he earn in the second year, the fourth year, the seventh year, and the... more
Compound Interest

11/23/16

rate per period

i need to find the rate per peirod
Compound Interest

11/07/16

please help to solve the problem

Problem 1. Compound interest. This morning Paul and Mark invest their money. Paul invests 20 000$ at a 8.8% annual interest rate. Interest accrues each night, but compounds only semiannually. Mark... more
Compound Interest

10/25/16

$29,800 AT 11% COMPOUNDED ANNUALLY FOR 8 YEARS

$29,800 AT 11% COMPOUNDED ANNUALLY FOR 8 YEARS
Compound Interest

10/18/16

?$12,000 invested at an APR of 4.1?% for 24 years

Use the compound interest formula to compute the balance in the following account after the stated period of? time, assuming interest is compounded annually.?$12 comma 00012,000 invested at an APR... more
Compound Interest

09/20/16

How many years will it take to save $160000 if you place $1700 per month in an account that earns 12% compounded monthly?

It's for an Algebra class.
Compound Interest

09/12/16

investment

paul and donna petrie invested$17,000, part at 2%, simple interest and the rest at 4% simple interest for a period of a year. how much did they invest at each rate if their total annual interest... more
Compound Interest

07/27/16

principl money= 500000 rate= 8.6 year= 5 than what is compound intrest and intrest will calculte qutarly

hey...mooldhan= 500000  rate 8.6  year = 5  than calculate compound interest... and intrest will calculate qutarly
Compound Interest

07/24/16

What will the balance be after the three years

the interest on a bank savings account is compounded continuously, with an annual interest rate of 8%. If a deposit of $4000 is made, then determine the balance after 3 years

07/21/16

Algebra help, Income earned on an IRA investment help?

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

07/21/16

Algebra help, Income earned on an IRA investment help?

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
Compound Interest

06/26/16

Invested $2,650 that pays 18% interest compounded semiannually. How much money will there be in 5 years?

compound interest
Compound Interest

06/26/16

Principal1,300, rate 12.5%, compounded Semiannually, time 8 years. What is the compound interest?

Compound interest
Compound Interest

06/21/16

Need help understanding concept of Compound Interest.

Need help understanding concept of Compound Interest. A bank offers two types of interest accounts The first account receives 6% compounded monthly. The second account receives 5% interest... more

How long will it take for an investment to triple, if interest is compounded continuously at 5%?

It will take __ years before the investment triples. 

05/03/16

Find the doubling time of an investment earning 8% interest if interest is compounded continuously.

The doubling time of an investment earning 8% interest if interest is compounded continuously is ___ years. 

05/03/16

An employee wants to invest $50,000 in a pension plan. One investment offers 6% compounded quarterly. Another offers 5.75% compounded continuously.

An employee wants to invest $50,000 in a pension plan. One investment offers 6% compounded quarterly. Another offers 5.75% compounded continuously. (a) Which investment will earn more interest in... more
Compound Interest

05/02/16

27000 invested for 40 years at 12 percent compounded annually

how much did  they earn affter 40 years 
Compound Interest Logarithmic Equation

04/20/16

how long will it take for an investment to triple if is compounded continuously at 5%

show the equation to find the answer as well

04/16/16

A Composite interest question? (9th grade level)

Q: A school increases its intake by 10% each year. If it starts with 1000 students, how many will it have at the beginning of the fourth year of expansion? The answer from the answer sheet is 1331... more
Compound Interest

04/14/16

compound interest the answer I got is 5,062.6 which I believe is wrong

Compound interest a company bought a van that had a value of £12,000. Each year the value of the van depreciates by 25%. Work out the value of the van at the end of three years.

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