# Find the interest to the nearest cent Question #1 Amount: \$5432 Annual Interest Rate: 6.2% Time: 3 years Question #2 \$4500 at 5.5% for 4 1/2 years Question #3 \$3680 at 6.75% for 2 1/4 years Question #4 5.5% for 1 3/4 years on \$2543 I'm sorry for so m related homework questions

• #### Find the interest to the nearest cent Question #1 Amount: \$5432 Annual Interest Rate: 6.2% Time: 3 years Question #2 \$4500 at 5.5% for 4 1/2 years Question #3 \$3680 at 6.75% for 2 1/4 years Question #4 5.5% for 1 3/4 years on \$2543 I'm sorry for so m

Find the interest to the nearest centQuestion #1Amount: \$5432Annual Interest Rate: 6.2%Time: 3 yearsQuestion #2\$4500 at 5.5% for 4 1/2 yearsQuestion #3\$3680 at 6.75% for 2 1/4 yearsQuestion #45.5% for 1 3/4 years on \$2543I'm sorry for so many but I just don't understand them =]

• #### Dont copié formé thé book oh ya dont copié formé thé book cause you Oiil inde up being triste soi remembré not toi copié frome thé book oh ya

Dont copié formé thé book oh ya dont copié formé thé book cause you Oiil inde up being triste soi remembré not toi copié frome thé book oh ya!translation in english please!

• #### If 3000 dollars is invested in a bank account at an interest rate of 6 per cent per year, find the amount in the bank after 12 years if interest is compounded annually Find the amount in the bank after 12 years if interest is compounded quaterly Find

If 3000 dollars is invested in a bank account at an interest rate of 6 per cent per year, find the amount in the bank after 12 years if interest is compounded annually Find the amount in the bank after 12 years if interest is compounded quaterly Find the amount in the bank afte...

• #### A=P(1+r)^2 A= interest P= principle interest r= interest rate t= time in years If \$4500 invested at 7% interest compounded annually yeilds \$15600, for how many years was the money invested

A=P(1+r)^2 A= interestP= principle interestr= interest ratet= time in yearsIf \$4500 invested at 7% interest compounded annually yeilds \$15600, for how many years was the money invested?

• #### If you borrow \$500 from a credit union @ 12% annual interest and \$250 from a bank @18% annual interest, what is the effective annual interest rate (that is what single rate of interest on \$750 results in the same total of interest0

If you borrow \$500 from a credit union @ 12% annual interest and \$250 from a bank @18% annual interest, what is the effective annual interest rate (that is what single rate of interest on \$750 results in the same total of interest0?

• #### Suppose you are depositing \$1000 in a savings account and are given the following options 6.2% annual interest rate, compounded annually, 6.1% annual interest rate, compounded quarterly, 6.0% annual interest rate, compounded continuously

Suppose you are depositing \$1000 in a savings account and are given the following options 6.2% annual interest rate, compounded annually, 6.1% annual interest rate, compounded quarterly, 6.0% annual interest rate, compounded continuously. Graph all three functions in the same vi...

• #### can anyone help me solve this: find the balance(to the nearest cent) if \$24,000 is invested at an annual interest rate of 6.8% for 10 years compounded continuously

can anyone help me solve this: find the balance(to the nearest cent) if \$24,000 is invested at an annual interest rate of 6.8% for 10 years compounded continuously. I have tried to solve 5 times but cannot come up with a reasonable answer.

• #### (Round your answe years at an annual interest rate of 4.1% compounded monthly. Find the monthly payment needed to amortize a to the nearest cent typical \$105,000 mortgage loan amortized over 30 F...

(Round your answe years at an annual interest rate of 4.1% compounded monthly. Find the monthly payment needed to amortize a to the nearest cent typical \$105,000 mortgage loan amortized over 30 Find the total interest paid on the loan. My Not of P vate investors purchased co...

• #### Determine the total amount of interest you will pay over the next 3 months on a credit balance of \$725 if your credit card has an annual interest rate of 18% and you make monthly payments of 10% of the amount due, rounded to the nearest dollar

Determine the total amount of interest you will pay over the next 3 months on a credit balance of \$725 if your credit card has an annual interest rate of 18% and you make monthly payments of 10% of the amount due, rounded to the nearest dollar.

• #### find the interest to the nearest cent on a principal of \$1,000 borrowed at a rate of 12.5% annually for 3 years

find the interest to the nearest cent on a principal of \$1,000 borrowed at a rate of 12.5% annually for 3 years

• #### An investment of \$4500 is made at an annual simple interest rate of 4.8%

An investment of \$4500 is made at an annual simple interest rate of 4.8%. How much additional money must be invested at an annual simple rate of 7% so that the total annual interest earned will be 6% of the total investment?

• #### The amount of money in an account with continuously compounded interest is given by the formula A = Pert, where P is the principal, r is the annual interest rate, and t is the time in years

The amount of money in an account with continuously compounded interest is given by the formula A = Pert, where P is the principal, r is the annual interest rate, and t is the time in years. Calculate to the hundredth of a year how long it takes for an amount of money to double i...

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