Marc’s saving account pays interest at 3%/a compounded annually. If Marc has $2 575 in his account, how much will he have in 4 years?
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Using technology, find the interest rate if $275 grows to $4…
Using technology, find the interest rate if $275 grows to $450 in 4 years. The interest is compounded semi-annually.
How much principal is invested at 8% simple interest for 5 y…
How much principal is invested at 8% simple interest for 5 years to earn $75 in interest?
How much should Sally invest today so that $6 500 is availab…
How much should Sally invest today so that $6 500 is available in 18 years? The investment earns 5.75%/a compounded semi-annually.
Alan has a debt which will amount to $5 250 in 5 years. He i…
Alan has a debt which will amount to $5 250 in 5 years. He is being charged interest at 9.5%/a compounded monthly. How much would Alan save by paying off the loan today?
A principal of $385 is invested for 4 years at 4.5%/a compou…
A principal of $385 is invested for 4 years at 4.5%/a compounded semi-annually. Determine the amount of the investment.
How much should Sally invest today so that $6 500 is availab…
How much should Sally invest today so that $6 500 is available in 18 years? The investment earns 5.75%/a compounded semi-annually.
A principal of $385 is invested for 4 years at 4.5%/a compou…
A principal of $385 is invested for 4 years at 4.5%/a compounded semi-annually. Determine the amount of the investment.
What principal invested today at 4.6%/a compounded monthly w…
What principal invested today at 4.6%/a compounded monthly will amount to $800 in 1.5 years?
What principal invested today at 4.6%/a compounded monthly w…
What principal invested today at 4.6%/a compounded monthly will amount to $800 in 1.5 years?