Math Homework Help - Tagged with interest

The rate of interest in a bank is 3% pa and the rate of inflation is 4% pa. If a person has the funds in the bank now to buy 20 kg of a fruit,...

Posted by wondergirl April 18, 2013 at 5:22 AM via web. 3 educator answers. »

Damon won a charity raffle with a prize of $7,500. If he invests the money at an interest rate of 4.3% compounded continuously, determine the...

Posted by sp17261 April 5, 2013 at 4:24 PM via web. 1 educator answer. »

Calculating interest

Posted by mssroxyboyd April 4, 2013 at 12:55 PM via iOS. 1 educator answer. »

Dave Horn invested half of his money at 5%,one third of his money at 4%, and the rest of his money at 3.5%.If his total annual investment...

Posted by sexymama1267 March 12, 2013 at 12:00 PM via web. 2 educator answers. »

Calculate the amount of interest paid for each option and how much does the buyer save with the 20 year option in the following case:The price...

Posted by soman2006 November 27, 2012 at 1:02 PM via web. 1 educator answer. »

Problem Question about interest and percentages: described below! ;)By the way the answer is 8000euro (the answer was at the back of the book)...

Posted by miki150 October 29, 2012 at 1:43 AM via web. Be the first to answer. »

A 35 year old has 202 971.39 saved in an account that earns 8% per year, compounded monthly and plans to retire when he has $1 million. At...

Posted by daniel33 October 17, 2012 at 6:35 AM via web. 1 educator answer. »

What equal contribution must they make today and every year until their first cruise (ten contributions) in order to have saved enough at that...

Posted by daniel33 October 15, 2012 at 4:37 PM via web. 3 educator answers. »

$3000 are placed in a bank at an interest rate of 5% compounded annually for 7 years. If the rate of compounding is quarterly what is the...

Posted by thi-dallas September 8, 2012 at 2:38 PM via web. 1 educator answer. »

invested $1200 at 6% simple interest at the beginning of each year for a period of 20 years. Total value of investments at the end of the 20...

Posted by matt209 August 8, 2012 at 12:11 AM via web. 1 educator answer. »