8 Answered Questions for the topic Compounding

02/16/20

Convert Continuous Compounding to Semiannual
An interest rate of 3.75% per year, continuously compounded, is equivalent to what annual interest rate with semiannual compounding?
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Compounding Math Algebra 1 Algebra 2

02/12/20

What does Compounded quarterly mean to do and 3-5 mean?
In this scenario you have $5000 to invest and you want to know which of the following investment situations will give you the most money at the end of 5 years. The interest rate for all the... more
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Compounding Math Interest Clep

08/01/19

Compound Interest
Michael wishes to give his son a savings bond that will mature in 8 years. He would like the value of the savings bond to be $5,000 at maturity. If he can invest in a bond that has an annual... more
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Compounding

01/29/17

Credit cards intetest and payments
Use a formula for continuous compounding to complete the balance in the account after 1, 5, and 20 years. Also find the APR for the account. A $12,000 deposit on an account with APR of 3.75%. The... more
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Compounding

01/29/17

Continuous compounding
How much must be deposited today into the following account in order to have $40,000 and 6 years for a downpayment on a house.? As soon no additional deposits are made. An account with a monthly... more
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Compounding Algebra Word Problem

05/26/15

You invest $12000 in stocks with a project growth of 8 predict the value of your investment after 6 years if the interest is compounded monthly.
interpret, write an equation, then solve.
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Compounding

04/22/15

I would like to have $600000 in 30 years. If I make equal monthly payments in this account that earns 8% interest compounded monthly.
I would like to have $600000 in 30 years. If I make equal monthly payments in this account that earns 8% interest compounded monthly. How much should these monthly deposits be?
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Compounding

08/21/14

Compounding
Find the percent of growth or decay a. y=3000(1.36)^t b. y=15(.29)^t
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