Ask a New Question

What interest rate, compounded monthly,

You are going to invest $5000 for 5 years. Choose the 3 scenarios which will yield the highest values.Responses A interest rate
1. 1 answer
2. asked by poopy man
3. 176 views
I only need my problem to be checked.What is the effective annual rate of an account offering .09% monthly interest compounded
1. 1 answer
2. asked by lijm
3. 529 views
(Future Value) Suppose you invest $8000 into an account that pays an annual interest rate of 6.2%. How much is in the account
1. 2 answers
2. asked by Help
3. 1,153 views
Henrietta went to a bank and obtained a personal loan with an interest rate of 3.18% compounded monthly. if the effective
1. 0 answers
2. asked by Madeleine
3. 521 views
What are the compound amount and interest at the end of three years if bire 10,000 borrowed at annually interest rate of 8% A
1. 1 answer
2. asked by Emebet
3. 258 views
convert an effective anual interest rate 8% compounded annually to a nominal interest rate of 11.5% p.a compounded monthly
1. 1 answer
2. asked by Siyanda
3. 962 views
Tiffany invested $725 at the end of every month in an investment fund that was earning interest at a rate of 4.74% compounded
1. 0 answers
2. asked by SANDEEP
3. 680 views
Find the accumulated value of an investment of $10,000 for 3 years at an interest rate of 6% if the money is a)compounded
1. 1 answer
2. asked by Betty
3. 875 views
Rm 200 was saved every month for four years in an account that pays 6% compounded monthly.find the accumulated value if the
1. 0 answers
2. asked by Muhammad nur ikhwan
3. 584 views
*solve execises by using compounded interest formulaPrincipal $ 700 Time period 8years nominal rate (%) 1.5 Interest compounded
1. 3 answers
2. asked by math HELP!! please
3. 791 views