158 Answered Questions for the topic Interest

Interest Finance

03/09/19

Find current balance for Jeff’s savings account if he had a balance of $396.80, made three deposits of $15, withdrew $125, and earned $1.04 interest

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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
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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
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Interest

08/28/18

What is the interest rate of each investment?
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
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Interest

08/24/18

Determine the present value P that must be invested to have the future value A at simple interest rate r after time t
A = $9500, r = 12%, t = 3 years
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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?
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Interest Rate Of Interest

07/09/18

Amir lent rs 600 to Hamid for 2 years and rs 150 to Aman for 4 years and received from both rs 90 as simple interest. What is the rate of interest
We have to find the rate of interest 
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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
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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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04/29/18

Financial Mathematics
Gabriella purchases a new car. The car's value in dollars, V, is modelled by the function  V(t) = 12870 - k(1.1)t , t ≥ 0   t- the number of years since the car was purchased  k - constant k =... more
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04/28/18

Use the compound interest formulas A=P(1+(r)/(n))^nt and A=Pe^rt to solve.
Find the accumulated value of an investment of $17,000 at 6% compounded annually for 13 years.
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Interest Interest Rates

04/25/18

how long is the money
For her birthday, Lexi's parents gave her $5,575.00 which they put into a savings account that earns 9% interest compounded annually. When Lexi started college, she withdrew the entire balance of... more
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Interest

04/19/18

$350 at 6 3 4 % simple interest for 2 years
Find the future value, using the future value formula and a calculator. (Round your answer to the nearest cent.)
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Interest

04/12/18

Compounded Interest
Jack has $500 to invest. The bank offers an interest rate of 6% compounded annually. How much money will Jack have after 1 year?
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Interest

02/23/18

What interest rate would you need to double $3500 in 9 years
interest rate
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Interest

02/19/18

how long did it take for $6800 to grow to $8600 in a flat rate account which had a nominal interest rate of 6%?
 Interest!
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Interest Math

02/09/18

percent Interest word problem
I invested some money in a savings account earning 6% interest and an equal amount of money in bonds earning 8% interest. How much did I invest altogether if I earned $210 in a year?
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Interest

02/03/18

Find the effective annual yield
A paperbook savings account has a rate of 6%. Find the effective annual yield , rounded to the nearest tenth of a percent, if the interest is compounded 1000 times per year.
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Interest

01/27/18

Interest question
Laura borrowed a total of $21,000 from two different banks to start a business One Bank charge the equivalent of 3% simple interest and the other charge 4.5% interest if the total interest after 3... more
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Interest

01/24/18

bacteria grows at rate of 85% per day. how many cells will there be at the end of a 2 week period if there are 300 at the start?
bacteria grows at rate of 85% per day. how many cells will there be at the end of a 2 week period if there are 300 at the start?
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Interest Investments Rates

01/24/18

Investment rate word problem
Clarence invested $5,000 in Amazon and $3,000 in Google. At the end of the year Clarence earned $1,500 in interest. What interest rate did Clarence receive for each stock if Amazon’s rate was half... more
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01/15/18

You deposit $5000 in an account earning 7.5% simple interest. How long will it take for the balance of the account to be $6500?
 nothing
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Interest

01/08/18

simple interest word problem
ou decide to invest some money in two different money market accounts. One account (account A) pays 3% interest. The other account (account B) pays only 2% interest but offers a $20 bonus for... more
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Interest

01/02/18

How much interest is earned over 2 years.
A bank pays 4% simple interest. £2000 is invested, how much interest is earned over 2 years.
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Interest

12/02/17

interest rate
In 2005 the population of a certain city was 15989.. If the relative growth rate has been 6.8% since 1980, what was the population of the city in 1980?
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