145 Answered Questions for the topic Interest

Interest Finance Algebra

10/21/20

#### A total of 8000 was invested into accounts at 5 percent and 3 point 5 percent. How much was invested into each account if the total interest for the year was $327.50. A total of 8000 was invested into accounts at 5 percent and 3 point 5 percent. How muchwas invested into each account if the total interest for the year was$327.50.
Interest Math Finance

05/09/20

Theodore invests a total of $10,500 in two accounts. The first account earned a rate of return of 13% (after a year). However, the second account suffered a 9% loss in the same time period. At the... more Interest Math Algebra 12/02/19 #### Need help with this problem Samantha invests a total of$28,500 in two accounts. The first account earned a rate of return of 11% (after one year). However, the second account suffered a 10% LOSS in the same time period. At... more
Interest Math Statistics

11/23/19

#### I had a 10 question practice worksheet before a test, and I am completely stumped on these last two questions. Please help?

1) Jennifer wants to invest some money now to buy a new tractor in the future. If she wants to have 350,000 available in 4 ​years, how much does she need to invest now in a CD paying 4.25​%... more
Interest Math Compounding

08/01/19

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 Interest Math Precalculus 07/13/19 #### How to determine interest and payment sizes? Jennifer borrowed$3000 from the bank in order to buy a new jacuzzi. She will pay it off by equal payments at the end of each week for 4 years. The annual interest rate is 8.05%. ﻿Determine the... more
Interest Finance Annuity

07/13/19

A man starts working a day after he celebrates his 23rd birthday. He wants to have a fund that could, from the date of his retirement at age 58, give him a benefit payment of $6000 at the end of... more Interest Math Finance 05/17/19 #### Determine the periodic deposit and how much of the financial goal comes from deposits and how much comes from interests periodic deposit:$? At the end of every 3 months4.5% compound quarterly Time: 6 yearsFinancial goal: $15,000 04/04/19 #### Interest rate problem What interest rate compound monthly will yield an effective interest rate of 8%? Interest Algebra 1 11/06/18 #### How can I set up a question with simple interest? Lindsay invested a total of$14,000 in two savings accounts. The first account paid 6.5% per year, and the second paid 8% per year (both simple interest). Lindsay earned a total of $950.50 from the... more Interest 09/17/18 #### Scott invests$6900 in two different accounts. The first account paid 4 %, the second account paid

Scott invests $6900 in two different accounts. The first account paid 4 %, the second account paid 2 % in interest. At the end of the first year he had earned$162 in interest. How much was in each... more
Interest

08/28/18

The annual interest rate on an $18000 investment exceeds the interest earned on a$5000 investment by $1148. The$18000 is invested at a 0.6% higher rate of interest than the $5000. What is the... more Interest Algebra 07/13/18 #### interest troubles.. How much money is in an account that earns 6% compounded quarterly if$10,000 is initially deposited and there are no withdrawals or additional deposits for 10 yr?
Interest Math Interest Rates

06/07/18

#### Finding the balance of an account with simple interest

I have two questions and I have to find the balance.   1.  $200 at 3% for 5 years 2.$750 at 8% for 5 years
Interest

05/05/18

#### Compound interest

The present value P of A dollars t years from now earning annual interest r compounded n times per year is P=A (1+r/n)^-nt in this context,  A is called the future value.  Find the interest rate... more

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