$1,100 per month for 10 years, if the account earns 2% per year What the student or parent is asking is: If they deposit $1,100 per month in a...
A baseball card that was valued at $100 in 1970 has increased in value by 8% each year. Write a function to model the situation the value of the...
Bridget deposited $4500 at 6 percent simple interest. How much money was in the account at the end of three years? Using our simple interest...
Linda estimates that her business is growing at a rate of 6% per year. Her profits is 2002 were $30,000. To the nearest hundred dollars, estimate...
Bonnita deposited $4,500 into a savings account paying 3% interest compounded continuously. She plans on leaving the account alone for 7 years....
Nancy started the year with $435 in the bank and is saving $25 a week. Shane started with $875 and is spending $15 a week. When will they both...
principal $3000, actual interest rate 5.6%, time 3 years. what is the balance after 3 years Using our compound interest calculator, we get a...
A person invests $500 in an account that earns a nominal yearly rate of 4%. How much will this investment be worth in 10 years? If the interest...
A person places $96300 in an investment account earning an annual rate of 2.8%, compounded continuously. Using the formula V=PertV = Pe^{rt} V=Pe...
8300 dollars is placed in an account with an annual interest rate of 6.5%. How much will be in the account after 14 years, to the nearest cent?...
Suppose you deposited $1200 in an account paying a compound interest rate of 6.25% quarterly, what would the account balance be after 10 years?...
A person invests $9400 in an account at 5% interest compound annually. When will the value of the investment be $12,800. Let's take it one year...
Suppose you deposit $3000 in an account paying 2% annual interest, compounded continuously. Use A=Pert to find the balance after 5 years. A =...
Luke invested $140 at 6% simple interest for a period of 7 years. How much will his investment be worth after 7 years? Using our simple interest...
You put $5500 in a bond fund which has an annual yield of 4.8%. How much interest will be earned in 23 years? Build the accumulation of...
You buy a house for $130,000. It appreciates 6% per year. How much is it worth in 10 years The accumulated value in n years for the house is:...
Joey puts $1,000.00 into an account to use for school expenses. The account earns 12% interest, compounded annually. How much will be in the...
Annuity that pays 6.6% compounded monthly. If $950 is deposited into this annuity every month, how much is in the account after 7 years? How much...
9000 dollars is placed in an account with an annual interest rate of 8%. How much will be in the account after 17 years, to the nearest cent?...
You are given a choice of taking the simple interest on $100,000 invested for 5 years at a rate of 2% or the interest on $100,000 invested for 5...
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