Mario invested 6000 in an account that pays 5
Web10 mei 2024 · 10.05.2024 English Secondary School answered Mario invested $6,000 in an account that pays 5% annual interest compounded annually. using the formula a = p (1 + r)t, what is the approximate value of the account after 2.5 years? $6,075 $6,118 $6,456 $6,778 See answer Advertisement ankitavish848282 Answer: sorry I don't no you're … WebShow Answer. 16) Marie has determined that she will need $5000 per month in retirement over a 30-year period. She has forecasted that her money will earn 7.2% compounded monthly. Marie will spend 25-years working toward …
Mario invested 6000 in an account that pays 5
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WebMario invested . in an account that pays . annual interest compounded annually. Using the formula , what is the approximate value of the account after . years? Good Question … Web27 mei 2024 · Mario invested $6,000 in an account that pays 5% annual interest compounded annually. Using the formula A=P (1+r)^ prime. Mathematics : asked on …
Web7 mei 2011 · The first fund pays simple interest at 6% per year and the other pays simple interest at 7% per year. If the funds earn a combined $817 in interest in one year, how much does she have invested in each; At the end of each quarter, a 50-year-old woman puts $3000 in a retirement account that pays 5% interest compounded quarterly. Web9 nov. 2024 · Based on the given conditions, formulate: 6000 * 5% + 1 2.5 Evaluate the equation/expression: 6778.3. Gauthmath. About us Gauth PLUS. Log in. Math Resources / algebra / word problem / Question. Gauthmathier7557. Grade . 10 · YES! We solved the question! Check the full answer on App Gauthmath. Get the Gauthmath App. Good …
WebMario Invested 6000 in an Account. Editorial Team Information 1 Views. Mario Invested 6000 in an Account . Contents. 0.1 Learning Outcomes; 1 Unproblematic Involvement. 1.1 Simple Old Interest; 1.2 Examples; 1.3 Exercises; 1.4 Simple Interest over Time; 1.5 APR – Annual Percentage Rate; 1.6 Case; 1.7 Effort It; WebA banker divided $5000 between 2 accounts, one paying 10% annual interest and the second paying 8% annual interest. Express the amount invested in the 10% account in terms of the amount invested in the 8% account. Annual interest; Deposit At the beginning of the year, Michael's father opened a bank account in which he deposited 1,800 euros.
WebExample 5. Banks A and B both o er savings accounts that pay 5% interest per year. Bank A compounds yearly but uses simple interest for partial periods while bank B uses straight compound interest for all times. Compare the amount that you would have after 3 years and 2 months if you invested $2,000 in bank A with the same investment in bank B ...
Web8 okt. 2024 · Mario invested $ 6,000 in an account that pays 5% annual interest compounded annually. Using the formula A=P1 +rt , what is the approximate value of the account after 2.5 years? $ 6,075 $ 6,118 $ 6,456 $ 6,778 Question Gauthmathier1206 Grade 9 · 2024-10-08 Good Question (175) Gauth Tutor Solution Lydia Mechanical … bmc military medical researchWebFuture value: Ning Gao is planning to buy a house in five years. She is looking to invest $25,000 today in an index mutual fund that will provide her a return of 12 percent annually. How much will she have at the end of five years? (Round to the nearest dollar.) answer choices A) $45,000 B) $28,000 C) $44,059 D) None of the above Question 17 cleveland masters paddle tournamentWebIn the calculator above select "Calculate Rate (R)". The calculator will use the equations: r = n ( (A/P) 1/nt - 1) and R = r*100. So you'd need to put $30,000 into a savings account that pays a rate of 3.813% per year … cleveland master cylinder drawingWeb13 feb. 2024 · In a cash drawer there is $125 in $5 and $10 bills. The number of $10 bills is twice the number of $5 bills. How many of each are in the drawer? Answer Exercise 3.3 E. 12 John has $175 in $5 and $10 bills in his drawer. The number of $5 bills is three times the number of $10 bills. How many of each are in the drawer? Exercise 3.3 E. 13 cleveland max stationWebMario invested $6,000 in an account that pays 5% annual interest compounded annually. Using the formula A = P(1 +... Log in. I don't have account, sign up. Sign up. I already have an account, log in. Search. Log in Sign up. Published … cleveland max stopWeb7 okt. 2024 · Mario invested $ 6,000 in an account that pays 5% annual interest compounded annually. Using the formula A=P1+ rt , what is the approximate value of the account after 2.5 years? $ 6,075 $ 6,118 $ 6,456 $ 6,778 Question Gauthmathier2950 Grade 8 · 2024-10-07 Good Question (135) Gauth Tutor Solution Lucas PHD degree … cleveland mayoral primary resultsWebView Homework Help - TUTORIAL 4 - QUICK CHECK.docx from RM 6000 at Tun Abdul Razak University. TUTORIAL 4 QUICK CHECK 4A 1. ... 5. RM990 is invested every month for thirty months in an account that pays 7% compounded semi-annually. ... RM700 is invested every month into an account that pays 5% compounded annually for eighteen … cleveland mayo clinic