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Assume the annual interest rate

Find the monthly interest payment in the situation described below. Assume that the monthly interest rate is 1 divided by 1/12
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Assume the initial investment was $6600 and the annual interestrate to be compounded continuously is 5%. Assume also that the
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2. asked by nik
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you are depositing $1000 dollars in a savings account and are given the following options.6.2% annual interest rate, compounded
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2. asked by carly
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john deposited 3000 into an account with 5% annual interest rate compounde quarterly at the beginning of 2011. the bank
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2. asked by Kid Kicker
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If our company's bank loan has a 12 interest rate, what is our effective, after-tax interest cost? Assume the tax rate = 38%If
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2. asked by Cyn
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If our company's bank loan has a 12 interest rate, what is our effective, after-tax interest cost? Assume the tax rate = 38%If
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2. asked by Cyn
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Assume a 30-month CD purchased for pays simple interest at an annual rate of 5.5%. How much total interest does it earn? What is
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2. asked by Alexis
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Please someone show me how to work this one out?Suppose Caroline is a cinephile and buys only movie tickets. Caroline deposits
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2. asked by nan
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The Bean Company makes a sale with an invoice price of $97,000 on 10/1/14. The note is due on 10/1/17. There is no interest rate
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2. asked by scott
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14. Assume Julian has a choice between two deposit accounts. Account A has an annual percentage rate of 7.55 percent but with
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2. asked by Vaness
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