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Q: Ryan was 8 when his parents invested 4000 in a certificate of deposit that pays 6 percent If Ryan leaves the account alone until it reaches 10000 how old will he be?
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Ryan was 8 when his parents invested 4000 in a certificate of deposit that pays 6 percent If Ryan leaves the account alone until the investment doubles how old will he be Assume that the interest?

20, assuming annual compound interest, 24 if simple interest.


Can you deposit your cheque in to your parents account?

It depends: a. Yes - If you are joint holder of the account along with your parents then you can deposit it into that account b. No - If you are not a joint holder of the account along with your parents, then you cannot deposit it into that account. A check can be deposited only into an account that is held by the person on whose name the check is issued.


Ryan was 8 when his parents invested 4000 in a certificate of deposit that pays 6 percent If Ryan leaves the account alone until it reaches 10000 how old will he be Assume that the interest is no?

he is 33 because .06*4000=240 10000-4000=6000 6000/240=25 8+25=33


How do I cash a check made out to my child?

Does your child have a savings account/bank account? If so, I think you might be able to deposit it for them. If not, think about starting one. I wish my parents had for me; it's very helpful financially. :)


When i was younger my parents invested in bonds for me for college are those bonds in my name or theirs?

Ask your parents.


Should you exclusively use an internet checking account for your small daycare business?

NO. Online banking is a fantastic way to manage your bank account as it is easy and convenient, However, you will not be able to use it exclusly. You will still need to deposit any money received from the parents dircetly into your account.


Can a minor open a fixed deposit?

Yes. There are no restrictions as to who can open a Term Deposit account. Let's say your grandpa gave you $1000 and you want to deposit $1000/- towards your college funds, you can visit your nearby bank branch and open a TD as a joint account between you and your father/mother. Since you are a minor, the bank would require a signature of your parents or atleast one adult member of your family before opening your fixed deposit account.


Can you get your birth certificate without your parents?

yes


In the State of Kentucky when a minor child dies and the parents are divorced with joint custody what happens to money that the deceased child had invested?

I am sorry for the parents loss. But I hope that they are not fighting about the money. A good thing to do with the money would be that neither parent get it and it go to a memorial college fund in the name of the child. * The distribution of funds depends upon how the account was established. For example if the account was held by one of the parents with survivorship rights being applicable the funds then revert to the parent account holder. Other situations will be determined by the probate succession laws in the state where the account is held.


What if your adopted parents put unknown parents to the birth certificate do you have the rights of their property?

No, since they are not your biological parents.


Is a birth certificate sacred writing?

To the parents, maybe.


Is it possible to get a credit card without a bank account?

yes just apply online at the bank that you would like to have a card at, you do not need an account thereMore detail:You can also get prepaid credit cards. You deposit a predetermined amount of money into the credit card account, then use it as you would any other credit card. This is mostly used for those with bad credit. It's also commonly used for college students, which their parents deposit the money into as needed.