Ms. Campbell invested $7200 for 25 years. If she earned $756, at what rate (R) did...
Claire invested some money at 4% simple interest and twice that amount at 5%. her total interest was 490. how much did she invest at each rate?
Granny Smith wants her money to be safely invested. She decides to invest her money in the lowest risk securities available and thus, she invests in short term Treasury bonds. She wants to have money saved up for a family trip in 2 years and wants to give her granddaughter some money for college in 3 years. The inflation rate is to be 4% next year, 5% the following year and 6% in the third year. Maturity risk is .1%...
Michelle invested $1,550 at the end of every 6 months into an RRSP for 16 years. For the first 8 years she earned interest at a rate of 4.80% compounded semi-annualy and for the next 8 years she earned interest at a rate of 6.40% compounded semi-annualy. a. Calculate the accumulated value of her investment after the first 8 years. $0.00 Round to the nearest cent b. Calculate the accumulated value of her investment at the end of 16 years....
3.00 points Tracie invested $14,000 five years ago in TLK stock. How much is her investment worth today if she has earned a 14.2 percent rate of return? O $23,811.80 O $23,940.00 $31,054.51 O $27,193.09 value: 3.00 points Sue invested $5,100 at 7 percent interest for 4 years. Phil invested $5,100 at 7 percent interest for 8 years. How much more interest will Phil earn than Sue? O $1,428.00 O $2,07769 O $1,109.02 $1,723.29 value: 3.00 points You want to...
-What is the simple interest rate on a $1050 investment paying $738.15 interest in 19 years? -Chasity wants $9,000 saved in 3 years to make a down payment on a house. How much money should she invest now at 5.2% compounded annually in order to meet her goal?
A) You invest $800 on May 25, 2018. On what day will you have earned exactly $31.96 of interest if your investment earns simple interest at r = 6%? Select one: a. January 25, 2019 b. January 22, 2019 c. January 23, 2019 d. January 24, 2019 B) $10,000 was deposited into an investment account earning interest at a nominal rate of 9% compounded monthly for eight years. How much interest was earned in the fifth year? Select one: a....
Jennifer invested $3,000 in her savings account for 5 years. When she withdrew it, she had $3,701.03. Interest was compounded continiously. What was the interest rate on the account? Round to the nearest tenth of a percent.
Two years ago, you invested $2,650. Today, it is worth $3,450. What rate of interest did you earn?
1) The amount of money earned by an investment of principal P with an (annual) interest rate of r with interest compute continuously is given by P ert where t is the investment in years. In the following, all amounts are invested in accounts where interest is compounded continuously. (a) (15 pts) Assume that Alice invests $50000 at an interest rate of 5%. Create a table that lists her income for t = 1, 2, . . . 5 (b)...
1. What is the interest earned from a savings of P10,000 at a simple interest rate of 107 per year for 5 years? (5 points) 2. How long does a man need to invest P5,000 to be P9,000 at an interest rate of 10 compounded annually? (5 points) 3. What is the rate of interest, compounded monthly charged to an investment of P2 000 that pays P1, 205 per month for 2 years. (5 points) 4. How much annual deposit...