39 Answered Questions for the topic Interest Rate

Interest Rate Math Finance Loan

05/09/20

#### You want to buy a $202,000 home. You plan to pay 5% as a down payment, and take out a 30 year loan for the rest. a) How much is the loan amount going to be?b) What will your monthly payments be if the annual interest rate is 5%?c) What will your monthly payments be if the annual interest rate is 6%? Interest Rate Macroeconomics Investment Gdp 08/18/19 #### Negative interest rates in the US If the future the US interest rates are negative, what is going to happen Consumption Investment and Government expenses? Are those negative interest rates help the GDP growth or... more Interest Rate Algebra 2 College Algebra 06/05/19 #### Interest rate word question Laura borrowed a total of$23,000 from two different banks to start a business. One bank charged the equivalent of 4% simple interest, and the other charged 5.5% interest. If the total interest... more
Interest Rate College Algebra Rate Interest

04/04/19

#### Interest rate problem

What interest rate compound monthly will yield an effective interest rate of 8%?
Interest Rate

07/16/18

#### interest rate

Mike earned $900 in interest after 8 years. If the amount invested was$1,000. What is the rate of interest
Interest Rate

05/02/18

#### You put money in a bank for a period of time and your new balance was larger, what was the interest rate?

My final balance after 2 years was $896.00. If I originally put$800.00 into the bank, what was the interest rate?
Interest Rate

03/22/18

#### Assume an investment of $100 earns an APR of 7% compounded annually. Calculate the balance after 170 years. (Round your answer to the nearest cent.) No other details just having trouble with figuring out how to solve. Interest Rate Math Word Problem 01/20/18 #### interest rate To get the necessary funds for a planned expansion, a small company took out three loans totaling$21,000. Company owners were able to get interest rates of 6%, 7%, and 8%. They borrowed $1000 more... more 10/10/17 #### If the account gives an annual simple interest of 2%, express as a function of time. Johny opens a personal bank account to put into part of his monthly allowance. If the account gives an annual simple interest rate of 2%, express the amount in Johny's account as a function of time... more Interest Rate 03/03/17 #### Kim has set up an ordinary annuity to save for her retirement in 20 years. If her monthly payments are 350$ and the annuity has an annual interest rate of 7.5%

this question is to find out the annuity and interest the account will make

Interest Rate

11/07/16

07/21/16

#### Algebra help, Income earned on an IRA investment

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 $10,200 from his$150,000 IRA to help fund his... more
Interest Rate Word Problem

06/28/16

#### Find total amount in an account opened with $500 after 6 months if interest is .75% a year? I know the answer (provided in my book) but I want to understand how to solve it. It is not provided. "Ed opens an insured money market account with$500. How much money will he have after 6... more
Interest Rate Algebra

04/28/16

#### Samantha needs to mix a 20% saline solution with a 40% saline solution to create 200 millileters of a 26% solution. How many millileters of each solution must S

Samantha needs to mix a 20% saline solution with a 40% saline solution to create 200 millileters of a 26% solution. How many millileters of each solution must Samantha use?
Interest Rate Algebra

04/28/16

#### A candy distributor needs to mix a 10% fat-content chocolate with a 50% fat-content chocolate to create 200 kilograms of a 10% fat-content chocolate

A candy distributor needs to mix a 10% fat-content chocolate with a 50% fat-content chocolate to create 200 kilograms of a 10% fat-content chocolate. How many kilograms of each kind of chocolate... more
Interest Rate Algebra

04/28/16

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