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Joe invested $7,400, part at an annual interest rate of 4% and the res..
Joe invested $7,400, part at an annual interest rate of 4% and the rest at 5%. He received a total annual interest of $350. How much did he invest at each rate? => $3,000, $7,435 or $4,050, $7,420 or $2,000, $5,400 or $3,025, $7,460..
Stanley invested $1000 at a rate of 9% interest compounded annually. ..
Stanley invested $1000 at a rate of 9% interest compounded annually. Find the value of her investment after 5 years. => $1545.48 or $1538.62 or $1739.26 or $1678.35..
Jacob is planning to invest $1280. Find the annual interest rate compo..
Jacob is planning to invest $1280 . Find the annual interest rate compounded quarterly which is required to triple his money in 15 years? => 7.4% or 9.6% or 8.7% or 6.5%..
Find the future value accumulated in an annuity after investing period..
Find the future value accumulated in an annuity after investing periodic payments $800 for 6 years at an annual interest rate 5%, with payments made and interest compounded quarterly. => $26200 or $22230 or $24230 or $20235..
Find the amount accumulated after investing a principal of $10,000 for..
Find the amount accumulated after investing a principal of $10,000 for 3 years at an interest rate of 6.5% compounded annually. => $1245.35 or $1207.94 or $1107.44 or $1200..
Paula invested $400 more at 20% than at 23%. Find how much Paula inves..
Paula invested $400 more at 20% than at 23%. Find how much Paula invested at each rate if the income from each investment was the same. => $2966.66 at 20% and $2566.66 at 23% or $2666.66 at 20% and $3066.66 at 23% or $3066.66 at 20% and $2666.66 at 23% or $32..
Find the interest obtained on an investment of $3000 at 8% interest co..
Find the interest obtained on an investment of $3000 at 8% interest compounded annually for 4 years. => $1081 or $1291 or $968 or $1201..
Joseph has $1200 to invest at 6% annual interest compounded monthly. H..
Joseph has $1200 to invest at 6% annual interest compounded monthly. How long will it take for his investment to grow to $5000? => 22 years, 11 months or 23 years, 11 months or 24 years, 9 months or 21 years, 7 months..
David wants to invest some amount in a bank which will return 4 % inte..
David wants to invest some amount in a bank which will return 4 % interest compounded continuously. Find approximately, the amount that David needs to invest in the bank in order to have $ 60,000 in 10 years. => $40,000 or $30,000 or $4,000 or $20,000..
How much does Tom have at the end of 1 year if he invests $1200 at 5.5..
How much does Tom have at the end of 1 year if he invests $1200 at 5.5% simple interest? => $1266 or $1264 or $1263 or $1265..
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