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If a person spends 28 dollars a week on coffee (52 weeks in a year) what should be the future value of that amount over 15 years if the funds were deposited in an account earning 5 percent?
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June deposited 8450 in an account that pays 6 percent interest compounded annually find the amount she will have in the account at the end of 8 years?
13468.02
If 600 is deposited in a bank that pays 8.45 percent compounded quarterly what is the amount in the account after 10 months?
£765.31
How much money will be in a bank account after 3 years if 4 is deposited at an interest rate of 5 percent?
$4.63
If an account balance is being charged 1 percent interest per week is this the same thing as saying 52 percent per year. What is the equation for finding the true annual rate of interest?
No if the account earns interest daily, it's earning interest on interest essentially. So if you have $100 and you earn 1% interest, you would have $101 dollars the next day and earn 1.01 dollars in interest, and so on.
What amount will an account have after 9 years if 125 DOLLARS is invested at 8 percent interest compunded continuously?
249.88 dollars
Juan deposited 900 in a savings account earning 4 percent interest over two years what was the total ammount earned after 2 years?
963
Mark deposited 1256 dollars from his summer job in a savings account that pays 4.5 percent interest How much interest will he earn after one year?
100
You opened a savings account with the deposited 5000 in a six percent interest rate compounded daily what is the amount in the account after 180 days?
If you opened a savings account and deposited 5000 in a six percent interest rate compounded daily, then the amount in the account after 180 days will be 5148.
Karen deposited 8500 dollars in a college savings account for her grandson The account earns an annual simple interest rate of 6.5 percent How much money will she have at the end of ten years?
8500 x ((1.065) to the 10th power) = 15955.67
If you deposit 10000 in a bank account that pays 10 percent interest anually how much would be deposited in your account after 5 years?
5000
Roxanne deposited 300 into a savings account earning 5¼ percent annually What is her balance after 1 year?
If Roxanne had $300 in her savings account which had a 5% APR, her balance after one year would be $315. You would calculate this by multiplying 300 by .05, which equals 15, and add that to the original balance of 300.
How much interest should the account earn per year if you opened a bank account and deposited 500.00 and it earns 6 percent annually?
30.00
June deposited 8450 in an account that pays 6 percent interest compounded annually find the amount she will have in the account at the end of 8 years?
13468.02
If 600 is deposited in a bank that pays 8.45 percent compounded quarterly what is the amount in the account after 10 months?
£765.31
How much money will be in a bank account after 3 years if 4 is deposited at an interest rate of 5 percent?
$4.63
If an account balance is being charged 1 percent interest per week is this the same thing as saying 52 percent per year. What is the equation for finding the true annual rate of interest?
No if the account earns interest daily, it's earning interest on interest essentially. So if you have $100 and you earn 1% interest, you would have $101 dollars the next day and earn 1.01 dollars in interest, and so on.
Roxanne deposited 300 into a savings account earning 5 14 percent annually what is her balance after 1 year?
convert 5 and 1/4 to percent by; first, change fraction to decimal 5 1/4= 5.25 then 5.25/100= 0.0525% so get .0525% of $300 by $300 x .0525 = $15.75 lastly add $15.75 + $300=$315.75
