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Interest Rate Algebra

04/28/16

A bank loaned out $17,500, part of it at the rate of 4% annual interest, and the rest at 9% annual interest

A bank loaned out $17,500, part of it at the rate of 4% annual interest, and the rest at 9% annual interest. The total interest earned for both loans was $1,100.00. How much was loaned at each rate?

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Interest Rate Money Investment

03/24/16

An account invested in a money market fund grew from ?$73,330.76 to ?73,624.98 in a month. What was the interest rate to the nearest? tenth?

This question is about interest rate, however instead of looking for the price you are looking for the rate.

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Interest Rate Economics

02/12/16

Economics interest question. Please!

earning is $120 a day. She spent $750 out of pocket at a 5 day vacation this expense could earn 5% interest payment on her mutual funds account. The real cost of her vacation is? A. 750 B.... more

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Interest Rate

01/21/16

can someone check my work

So the question is How much money needs to be invested now to obtain $5000 in 10 years if the interest rate in a CD is 2.25%, Compounded monthly. To round the the nearest cent. So I Used... more

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Interest Rate

01/08/16

how much will it be at 0 ,1,2,3 ,10 for each account

Suppose your family deposits $10000 in an interest bearing account for your college fund that earns an 4% simple interest each year and a friend's family deposits $10000 in an interest bearing... more

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Interest Rate

11/24/15

Ms. P had received a 10% raise in salary in each of the last 2 yr. If her annual salary this yr is $100,000, what was her salary 2 yrs ago?

I do not know how to set up or solve this problem.

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Interest Rate

11/24/15

Gail received a 7% raise last year. If her salary is now $27,285, what was her salary last year?

I am not sure how to set up and solve this problem.

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Interest Rate

09/10/15

Interest Rate Problem

An executive invests $24,000, some at 6% and some at 4% annual interest. If he receives an annual return of $1,260, how much is invested at each rate?

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Interest Rate

06/19/15

find the time required for an investment of 12000 to grow to 19000 at an annual interest rate of 5 % yearly

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Interest Rate Invests

03/11/15

The formula for determining interest compounded monthly is A = P(1 + r over 12)12t, where A represents the amount invested after t years, P the principal invest

The formula for determining interest compounded monthly is A = P(1 + r over 12)12t, where A represents the amount invested after t years, P the principal invested, and r the interest rate. Jimmy... more

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Interest Rate Math Word Problem

02/25/15

An advertisement for a couch states:

"Interest rates slashed to 9.9%! Pay an annual percentage rate (APR) of 9.9% for 12 months Minimum down payment - $149 Fifty-two weekly payments of just $15.85" The couch is advertised for... more

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Interest Rate

02/20/15

using compound interest rate, what interest rate will cause $2000 to grow to $2142.45 in 2 years

A=P(1=r)2

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Interest Rate Economics Interest Rates Macroeconomics

01/03/15

Need help with inflation / interest rate problem?

I was doing a homework problem on how inflation would affect savers and borrowers, but I don't get how savers would be hurt if they receive a fixed-interest-rate. Suppose that I'm a saver and have... more

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Interest Rate

12/08/14

find the Account balance?

Suppose you put 1200 into an account paying 6% interest annually, and leave the money in the account for 10 years, find the account balance

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Interest Rate

10/26/14

The interest rate on investments in a bank

The interest rate on investments in a bank decreased from 8 /1 /2 per cent per annum to 6 per cent per annum. The difference in annual interest on a deposit of $2 000 is

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