# accumulation of principal

### \$2,030.00 was invested at 10% per annum compounded annually. What interest has been earned (in dolla

\$2,030.00 was invested at 10% per annum compounded annually. What interest has been earned (in dollars correct to the nearest cent) after 5 years?...
Thread by: math_celebrity, Mar 5, 2017, 0 replies, in forum: Calculator Requests

### You can afford monthly deposits of \$270 into an account that pays 3.0% compounded monthly. How long

You can afford monthly deposits of \$270 into an account that pays 3.0% compounded monthly. How long will it be until you have \$11,100 to buy a...
Thread by: math_celebrity, Jan 8, 2017, 0 replies, in forum: Calculator Requests

### Kunio puts \$2,200.00 into savings bonds that pay a simple interest rate of 2.4%. How much money will

Kunio puts \$2,200.00 into savings bonds that pay a simple interest rate of 2.4%. How much money will the bonds be worth at the end of 4 years?...
Thread by: math_celebrity, Jan 7, 2017, 0 replies, in forum: Calculator Requests

### Austin deposited \$4000 into an account with 4.8% interest,compounded monthly. Assuming that no

Austin deposited \$4000 into an account with 4.8% interest, compounded monthly. Assuming that no withdrawals are made, how much will he have in the...
Thread by: math_celebrity, Nov 26, 2016, 0 replies, in forum: Calculator Requests

### Calculate the simple interest if the principal is 1500 at a rate of 7% for 3 years

Calculate the simple interest if the principal is 1500 at a rate of 7% for 3 years. Using our simple interest calculator, the total interest...
Thread by: math_celebrity, Nov 25, 2016, 0 replies, in forum: Calculator Requests