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An account has a rate
Suppose your bank account will be worth $15,000.00 in one year. The interest rate (Discounted Rate) that the bank pays is 7%.
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Ann
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Lisa deposits $3000 in an account that pays 2% simple interest, and $4000 in a second account which has a higher interest rate
1 answer
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Kenny
1,020 views
Larry invested $27,000 in a savings account that pays an annual interest rate of 1.8%. The savings account is set to compound
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Lyris
121 views
Each year, Cathy invests $1,200 in
her account. The account pays an interest rate of 6.3%. The formula to calculate the balance
1 answer
asked by
michelle
1,021 views
a bank account earns 7% annual interest compounded continuously. you deposit $10,000 in the account, and withdraw money
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Anonymous
937 views
JoAnne is depositing money into a bank account. After 3 months there is $150 in the account. After 6 months, there is $300 in
2 answers
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Anonymous
1,476 views
You place $4,000.00 in a bank account with an interest rate of 5.25% APR and another $2,000.00 in an account with an interest
1 answer
103 views
Phil deposited $1,000 in a savings account. How much will he have in his account in two years if his account is compounded
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Anonymous
587 views
at age 27 You plan to put $10,000 into your retirement account at the start your account has an interest rate of 5.75% per year
A
1 answer
26 views
You have a savings account with 7.5 percent annual interest rate and invest $50 a month into the account. How much will the
1 answer
63 views