158 Answered Questions for the topic Interest

Interest College

03/02/16

will it be enough to pay for 1st year of college?
Tara plans to attend a 2 year university that costs a total of $11,500 per year. her family invests $2500 in an account that earns 3% annual interest, if they invest an additional $150 per month... more
Follows • 2
Expert Answers •1
Interest

02/10/16

an executive invests $22,000 some at 7% and some at 6% annual interest. If he received an annual return of $1,420, how much is invested at each rate?
 solve
Follows • 3
Expert Answers •2
Interest Compouded

01/28/16

Kelly wants to accumulate 1 million dollars by investing a lump sum into an IRA (Individual Retirement Account) and letting it grow for the next 45 years.
Kelly wants to accumulate 1 million dollars by investing a lump sum into an IRA (Individual Retirement Account) and letting it grow for the next 45 years. After researching different IRA's she has... more
Follows • 2
Expert Answers •1
Interest Interest Rates

01/18/16

Simple Interest
Phyllis invested 32000 dollars, a portion earning a simple interest rate of 5 percent per year and the rest earning a rate of 7 percent per year. After one year the total interest earned on these... more
Follows • 1
Expert Answers •1
Interest Percents Investment

12/03/15

Bobby invested 150 dollars in a saving account which earned interest. If his account grew to 250 dollars, at which percent did he earn interest?
I don't want to know the answer I just need some help solving the problem
Follows • 2
Expert Answers •1

11/10/15

I need help! I've been stuck on this one problem for hours D:
Matt plans to lease a 2009 dodge Dakota pick- up truck 4WD. The sales price of the truck is $25,000. The lease agreements states the following: Due at signing: $426.71 monthly payment 48 months:... more
Follows • 2
Expert Answers •1

10/25/15

Find the future value if you deposit $150 a monthly for 10 years and then account that pays 6.25%(12)
I am taking consumers math this year , and I was sick all week so I missed the lessons for this unit , and my teacher sent the exam home for me to take , and I ned to finish it by tomorrow , and I... more
Follows • 2
Expert Answers •1
Interest

10/01/15

have your family,school and the society you live in helped you to develop your interests and use your full abilities
I need answer for mz essaz,please help me fastttt!!!
Follows • 2
Expert Answers •1
Interest Word Problem

09/30/15

How much initially invested?
Bill invests in a plan that has an APR of 4%. He invests three times as much in a plan that has an APR of 5%. If the total interest from the investments is $779 after one year, how much was... more
Follows • 2
Expert Answers •1

09/30/15

Interest compounded annually
You place $800 in an account that earns 4% annual interest, compounded annually. How long will it be until you have $2000?
Follows • 2
Expert Answers •1

09/28/15

Please Help! Stuck on a word problem
If the balance, M, at time t in years, of a bank account that compounds its interest payments monthly is given by M = M0(1.07763)t (a) What is the effective annual rate for this account? (b) What... more
Follows • 2
Expert Answers •1

09/27/15

Word problem with money
Calculate the amount of money in a bank account if $2000 is deposited for 15 years at an interest rate of (a) 5% annually (b) 5% continuously per year
Follows • 2
Expert Answers •1

09/27/15

Rates word problem
If the balance, M, at time t in years, of a bank account that compounds its interest payments monthly is given by M = M0(1.07763)t (a)  What is the effective annual rate for this account? (b)... more
Follows • 1
Expert Answers •1
Interest

09/24/15

don invested money in an account earning 4% simple intrest. at the end of 5 years he had a total of $14,400. how much did he originally invest?
Going by the formula I have no number to plug in for principal or interest. I'm lost
Follows • 3
Expert Answers •2
Interest

09/16/15

Ben invests $4000 at 4% interest how much money must he invest at 5.5% annual interest the interest he receives each year is 4.5% of the total amount invested?
find out how much more money he needs to invest at the higher percentage
Follows • 2
Expert Answers •1
Interest Loan

09/14/15

Loan Question
A $4900 loan at 9.6% compounded monthly was settled by a single payment of $5900 including accrued interest. Rounded to the nearest day, how long after the initial loan was the $5900 payment made?... more
Follows • 2
Expert Answers •1
Interest

09/10/15

Banking and Lending Rates
Wendy, a loan officer, has $1,000,000 to lend is required to obtain an average of 18% per year. If she can lend at the rate of 19% or 16%, how much can she lend at the 16% and still meet her... more
Follows • 2
Expert Answers •1

08/28/15

Investments and Bonds???
Carl invested part of $300,000 in bonds that pay 8.5% interest annually. The other part was invested in a simple interest account that paid 10%. How much is invested in each, if the total annual... more
Follows • 3
Expert Answers •1
Interest

08/27/15

If you invest 5000 into an account that earns simple interest and
after 13 years the account has 7.656 what is the insterest rate the account was earning for those 13 years
Follows • 2
Expert Answers •1

08/27/15

Question about interest rates
A mother wants to invest $13,000.00 for her son’s future education. She invests a portion of the money in a bank certificate of deposit (CD account) which earns 4% and the remainder in a savings... more
Follows • 2
Expert Answers •1
Interest Math Investment

08/24/15

Janesh has savings...
Janesh has savings of $10,013.98. If he can invest this amount to earn 3.2%, how many days will it take for the investment to grow to $10,200? Also calculate the interest earned for this... more
Follows • 2
Expert Answers •1

08/13/15

what annual deposit is required to accumulate $50,000 after 20 years at 8% interest compound annually?
 compound interest
Follows • 2
Expert Answers •2
Interest Math

07/24/15

Interest Question! Please Help!
A bank charges you 9% interest that is compounded monthly. Use the formula A = P . ( 1 + r/n) nt to find the total amount of interest paid for a 12-year loan of $75,000.00 for your studio.
Follows • 2
Expert Answers •1
Interest Percentages

06/03/15

Savings and interest
David deposited $4500 into two savings accounts bearing simple interest. One of the accounts has an interest rate of 3%, while the other rate is 5%. If the total interest earned after one year is... more
Follows • 2
Expert Answers •1
Interest

06/03/15

the difference between simple interest on sum of for 3 years and 2 years at 10% per annum is Rs 300. find the sum.
question about simple interest.
Follows • 2
Expert Answers •1

Still looking for help? Get the right answer, fast.

Ask a question for free

Get a free answer to a quick problem.
Most questions answered within 4 hours.

OR

Find an Online Tutor Now

Choose an expert and meet online. No packages or subscriptions, pay only for the time you need.