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	Compound interest		2019-05-28
		Kenneth pose la question : Hello: Is compound interest on $1.00 for one year the same as simple interest on $1.00 for one year? Compound interest would be $1.01, and I believe the same amount would be the same at simple interest. Penny Nom lui répond.
	Interest for 3 years		2018-03-21
		Mary pose la question : How much interest do you pay if the charges 0.12% over 3 years loan $4999 Penny Nom lui répond.
	Splitting twice		2017-11-11
		Terry pose la question : 4 people are splitting 1/3 of something. 1 is to receive twice as much as the other 3. what it the fractional interest for each? Penny Nom lui répond.
	An investment for 20 months		2015-01-12
		rose pose la question : Darnell wants to have 2700$ to purchase a tv in 20 months. what will he need to deposit today if he earns 5% annual interest compounded monthly Penny Nom lui répond.
	Simple interest		2014-03-08
		lynn pose la question : I need to find what the interest will be for: 5000.00 @ 16.5% annual rate, and the same for 10.8 % for 5000.00 annual rate all one question thank you for your aid Penny Nom lui répond.
	Compound interest		2013-05-10
		Kyla pose la question : I am doing correspondents and cannot figure out how to explain the solution to this question, I do not understand how they came to this answer and need it explained step by step so I can complete the following questions in this unit, please help!!! Calculating compound Interest Johnny invest $800 that pays 8% compounded quarterly for 5 years. How much is the investment worth at the end of the 5th year? Penny Nom lui répond.
	A problem involving simple interest		2012-09-27
		Tash pose la question : The amount of money in a single year of an investment after P dollars were initially invested is A = P + Prt, where r is the rate of simple interest. What expression describes P? How much money was initially invested if the account has $1000 one year after the initial investment and the interest rate was 5%? Penny Nom lui répond.
	Simple interest		2011-12-11
		sandeep pose la question : Use the formula I = Prt to solve. Damon deposits $500 into a savings account that pays simple interest at a rate of 0.65% per year. How long will it take Damon to earn $130 in interest? Penny Nom lui répond.
	25 billion dollars		2011-08-26
		Bill pose la question : If you have $25billion dollars, what would the value of this amount become if you inflated it at 4% per year for 55 years?=C2=A0 My TVM calculator will not go this high. Penny Nom lui répond.
	A one year investment		2011-07-01
		Jean pose la question : If the yearly income from an investment is $30 and the annual interest rate is 12%,what is the original investment? Penny Nom lui répond.
	Simple interest		2010-11-17
		Abeth pose la question : At what simple interest rate will a sum of money triple itself in 5 years time? Penny Nom lui répond.
	A loan		2010-06-16
		melody pose la question : LOAN: 1000 TERM: 2 years INTEREST: 2% (per month) AMOUNT: ??? what is he formula of solving this and what is the answer.. Robert Dawson lui répond.
	Compound interest		2010-06-01
		Kenneth pose la question : Hello: I have a question regarding the following compound interest and future value calculation. Year 1 P + rP equals balance after the first year. Year 2 (P + rP) + r(P + rP) equals balance after the second year. Year 3 ? equals balance after the third year. This question is in two parts. 1. What would follow for year three? 2. I know that a pattern will develop. What will it be so that I can determine the extended pattern for following years ? Penny Nom lui répond.
	Interest		2010-05-04
		RW pose la question : If you earned 55.00 for a year in your savings acct. The account pays 0.5 % interest. How much money did you initially have in the savings account. Penny Nom lui répond.
	Compound interest		2010-04-21
		Kenneth pose la question : Let's say that an investor has $1000.00 to invest for 3 years at a rate of 5% at compound interest. Here is the formula: M = 1000(1 + 0.05)^3 = $1157.62 If I want to change 1000(1 + 0.05) to (1000 + 0.05*1000) three times in a calculation instead of using (1 +0.05)^3, how would this be done? I cannot get (1000 + 0.05*1000) + (1000 + 0.05*1000) + (1000 + 0.05*1000) to equal $1157.62. I know that 1000(1.05)(1.05(1.05) will produce the answer, but I want to try to use the above non-factored calculation. Penny Nom lui répond.
	Compound interest		2010-02-27
		Allison pose la question : Have $1000.00 in saving account compound annual interest rate 6% please calculate what it is worth 3 years, 5 years and 10 years? Tyler Wood lui répond.
	Susan's RRSP		2009-08-05
		Polly pose la question : Susan contributed $500 every 6 months for 14 years into a RRSP earning interest @ 7.5% compounded semi-annually. Seven years after the last contribution Susan converted the RRSP into a RRIF which is to pay her equal 1/4 payments for 16 years. If the first payment is due 3 months after the conversion into the RRIF and the interest on the RRIF is 9% compounded 1/4, how much will Susan receive every 3 months? Stephen La Rocque lui répond.
	Investing in multiple accounts		2009-06-26
		Kenneth pose la question : Hello: If an investor has $1000.00 to invest in multiple accounts, and he wants a total return of 4%, is there one calculation that can be used to determine what these amounts could be even though there may be numerous amounts used as answers for most of the following examples? For example, Invest $1000.00 @ 2% and 5% for total return of 4%. Invest $1000.00 @ 2%, 3% and 5% for total return of 4%. Invest $1000.00 @ 2%, 3%, and 5% for total return of 4%. Invest $1000.00 @ 2%, 3%, 4% and 5% for total return of 4%. etc. Robert Dawson lui répond.
	A car loan		2009-05-06
		Cindy pose la question : A person takes out a car loan in the amount of $11,170.00 @ 4.5% interest. The person makes 17 payments of $500.00, then for the 18th payment (this person 'finds' some $) and pays off the whole thing. How much was their last (18th) payment? How much overall did they pay in principle? and interest? The person who made the initial loan then takes $11,156.25 and places it into a High Interest Savings Account @ 2.25% annually on Nov 18, 2003. How much is now in the High Interest Savings Account if no futher funds have been added to the account and no withdrawls have been made? Thanks for your help with this. I have been trying on and off for 3 years to figure this out. C Robert Dawson lui répond.
	Interest rate over two periods		2009-04-12
		Kenneth pose la question : Hello: How is the average determined for the following amount if it earns compound interest? Here are my calculations, but I'm not certain that they are correct: Initial amount invested $500.00: $500.00 @ 5% = $525.00. $525.00 @ -2% = $514.50. $14.50/$500.00 = 2.9% divided by 2 equals an average of 1.45%. If this average, 1.45%, is correct, how can I use 5% and -2% to determine the same average? Is it possible? I thank you for your reply. Penny Nom lui répond.
	Saving for his daughter's education		2009-01-15
		George pose la question : To save for his daughter’s university education at the end of each month Mr McLean sets aside £50 in a savings scheme paying 10% p.a. compounded monthly. He begins saving when his daughter is 3 years old. How much will he have saved by the time his daughter is 18? Harley Weston lui répond.
	Compound interest		2009-01-02
		maninder pose la question : at what rate % compound interest per annum will be rs. 640 amount to rs. 774.40 in 2 years. Penny Nom lui répond.
	Interest compounded monthly		2008-12-13
		ameeta pose la question : joanna invest 500 dollars. She received 6 percent interest compounded monthly. how much interest did she earn with this investment after 3 years. the answer i calculated out to be was 90 dollars but could you please show me the steps. Robert Dawson and Penny Nom lui répond.
	I borrowed 2000.00 at a rate of 7% for 1 year		2008-10-20
		carolita pose la question : if i borrowed 2000.00 at a rate of 7% for 1 year what would be the interest Penny Nom lui répond.
	A 5% raise each year for 20 years		2008-09-13
		marie pose la question : In his first year, a math teacher earned 32,000. Each successive year, he earned a 5% raise. How much did he earn in his 20th year? What were his total earnings over the 20-year period Stephen La Rocque lui répond.
	What is the account value after 3 years?		2008-07-10
		Carlos pose la question : Question Suppose that you deposited $3,000 at the beginning of each year for three years in a savings account earning 4%. What is the account value after 3 years (approx)? a. 9,120 b. 9,211 c. 9,739 d. 9,989 Penny Nom lui répond.
	Interest compounded daily for 6 months		2008-06-18
		Cheryl pose la question : Compounded interest daily on cd.....$1,000.00 at 2.53% for 6 months. How much will this CD earn? Penny Nom lui répond.
	Interest compounded daily		2008-05-23
		Jeanmarie pose la question : WHAT IS THE INTEREST IN $ ON 107,495.10 AT AN INTEREST OF 5.13% FOR COMPOUNDED DAILY FOR 16 DAYS? Penny Nom lui répond.
	$16000 at 7% per annum for six months		2008-05-21
		Delbert pose la question : If my principal balance if $16000.00 and I paid 7% interest per annum but only kept the loan for 6 months How much interest would I owe after 6 months. Harley Weston lui répond.
	What was the annual interest rate?		2008-03-18
		Javier pose la question : A business invests $10,000 in a savings account for two years. At the beginning of the second year, and additional $3,500 is invested. At the end of the second year, the account balance is $15,569.75. What was the annual interest rate? Penny Nom lui répond.
	8% simple interest for 6 years		2008-02-20
		Tiffany pose la question : cindy puts 5,025 in a bank account that earns a simple interest rate of 8%. How much money will be in the account at the end of 6 years? Stephen La Rocque and Penny Nom lui répond.
	How much did she invest?		2008-01-02
		victor pose la question : Sue invested $10,000,part at 4.8% annual interest and the balance at 7% annual interest. How much is invested at each rate if a 1-year interest payment is $645.66. Penny Nom lui répond.
	How much did she repay?		2007-12-08
		Margie pose la question : Jackie borrowed $30,000 from her bank at 9.75 Interest for 5 years and six months. When the loan was paid in full, how much money had Jackie paid the bank? Stephen La Rocque lui répond.
	Simple interest		2007-11-08
		Lee pose la question : If a bank pays 3% simple interest anually on savings, and you did not take any money out of your account, how much money would you have deposited to earn $45 in interest Stephen La Rocque lui répond.
	Compound interest		2007-07-11
		Michelle pose la question : Present Value of $1500 to be paid in Year 7, with an interest rate of 12% Stephen La Rocque lui répond.
	$450.00 six years at 7 percent		2007-05-28
		Donna pose la question : The future value of 450.00 six years from now at 7 percent Penny Nom lui répond.
	Interest Rates		2007-05-09
		Julia pose la question : Using the formula I=PRT to figure out the missing variable. P=$9530, T=7 months, A= $9919.14 Stephen La Rocque lui répond.
	Paying off a debt		2007-04-26
		Ema pose la question : How would you enter a formula in Excel for the following: payment is applied to principal balance, then 8% interest compounded daily, then .25% monthly penalty Stephen La Rocque and Penny Nom lui répond.
	Calculating interest		2007-04-15
		Gerry pose la question : Calculate the amount of interest received on £120.00 desposited in an account paying 3% simple interest for three years. Stephen La Rocque lui répond.
	How long would it take to have $100,000?		2007-04-07
		Carolyn pose la question : If I invested $1000.00 (one time ) at 1% compounded daily, how long would it take to have $100,000. ? Stephen La Rocque lui répond.
	Which compounding period will make the interest rate be as low as possible?		2007-03-27
		lilly pose la question : if i decide to loan a friend 12000 and he said that he will pay it back in a single payment of 16000 after 5 years. which compounding period will make the interest rate be as low as possible? daily or yearly? how can i calculate each (yearly compound and daily compound)? Penny Nom lui répond.
	Compound interest		2007-03-20
		cos pose la question : how much would $2000 be at the end of 1 yr. at a daily compounded interest rate of 3% be? the 3% is not yearly but daily. thank you very much for your help!! Penny Nom lui répond.
	Compound daily interest		2007-01-27
		Sharon pose la question : calculate the return on $20,000 for 3 years at an interest rate of 8% that compounds daily. Stephen La Rocque lui répond.
	The interest is compounded daily		2007-01-26
		Kimberey pose la question : If I put $2000 in a savings account with 5.05% APR and the interest is compounded daily, but credited monthly, how much would I have at the end of a year? Stephen La Rocque lui répond.
	Interest compounded daily		2007-01-24
		Scott pose la question : I would like to know what 4.88% interest compounded daily would amount to on $24,000. Penny Nom lui répond.
	Fractional interest in property (fractions of fractions)		2007-01-19
		Threasa pose la question : Please explain how to solve this problem. Someone inherits 1/2 of 1/3 of 1/4 of 1/8 of 8/8 interest in 100 acres of land would equal what. Please show show in detail how to fiqure this answer. I will be working with a lot of fractional interest. Stephen La Rocque lui répond.
	Annualized		2007-01-03
		Dan pose la question : What would my rate of compound interest be per month? Invested $80,000 and in 150 days have increased that amount by $14,300. Stephen La Rocque lui répond.
	Interest compounded daily		2007-01-01
		Kelly pose la question : I have made an investment that offers one-half of 1% interest compounded daily. What would that interest calculate to with a $100,000.00 investment for one year ? I have not found a calculative formula that will calculate these figures ... Please HELP !!! Penny Nom lui répond.
	$1250 at 6% for three years		2006-11-30
		Nina pose la question : Find the amount in an account if 1250 is invested at 6% compounded annually for 3 years Stephen La Rocque and Penny Nom lui répond.
	What is the interest on $50,000.00 at 5% for 40 days?		2006-07-12
		A borrower pose la question : What is the interest on $50,000.00 at 5% for 40 days? Penny Nom lui répond.
	Compound interest		2006-06-01
		Kerem pose la question : Question: Quing deposits $40 at the end of each month into a savings account. If the money earns 4% annum compounded monthly, how much money is in the account at the end of 24 months? and Calculate the present value of an annuity, if $150 payments are to be made monthly for 4 years and the interest rate is 9% per annum compounded monthly. Natasha Glydon and Penny Nom lui répond.
	How do I find the percentage interest?		2006-04-24
		Cheryl pose la question : Kiera invested $43,608 in a mutual fund that paid $432.96 in interest at the end of the year. What was the percent interest Kiera earned from her initial investment? Stephen La Rocque lui répond.
	Compound Interest Formula and explanation		2006-04-14
		Michelle pose la question : Currently there is $10,000 in a customer's savings account that earns 4% interest compounded annually. How much interest will the customer earn in a year? Stephen La Rocque lui répond.
	Interest computed on a 360 per year basis		2006-04-06
		Sonya pose la question : Okay, I am reading this promissory note that says interest is computed on 365/360 basis by applying the ratio of annual interest rate (24%) over a year of 360 days. I sure do not remember anything like this in school, and am stumped. Stephen La Rocque lui répond.
	An account that earns 6% annually		2006-03-01
		Christine pose la question : How much do you have to deposit to an account that earns 6% annually if you want to earn $1200 on the account? Stephen La Rocque lui répond.
	$24,000 investment at 5% daily interest		2005-12-21
		Gary pose la question : My friend is a professional day trader on the stock exchange. He claims that he can take a $24,000 investment at 5% daily interest and at the end of 3 years have approximately 34 million dollars. Can this be correct? Penny Nom lui répond.
	Pat invested a total of $3000 dollars		2005-12-14
		Duane pose la question : Pat invested a total of $3000 dollars. part of the money yields 10 percent interest per year and the rest yields 8 percent interest per year if the total yearly interest is $256 how much did pat invest at 10 per cent and how much at 8 percent. Penny Nom lui répond.
	A loan of $50,000		2005-12-14
		Fre pose la question : A loan of $50,000 taken today is payable within five years. a. determine the annual payments within to be made to repay the loan if interest is charged at a rate of 10% compounded annually b. show the amortization schedule Penny Nom lui répond.
	Fran goes to college		2005-08-21
		Thomas pose la question : Fran will begin attending longview college 1 year from now and will attend for the next 4 years. Her annual cost will be $14,000.00 which her parents have agreed to pay. Frans parents have saved enough money to meet Frans needs. How much must they invest in an account paying 10% interest compounded annually in order to receive $14,000.00 at the end of each of the next 4 years, having nothing left in the account at the end of that time? Penny Nom lui répond.
	Three days interest on one million dollars		2005-08-18
		Teresa pose la question : how much money is 3 days interest on one million dollars? Penny Nom lui répond.
	Three debts		2005-02-03
		Kat pose la question : If I have three debts and 49% percent of total debt is loaned at 9% intrest, 34% of the debt is at 21% intrest and 17% of the total debt is at 14% intrest, how do I calculate the average rate of intrest on total debt? Penny Nom lui répond.
	$25,000 at 11% per year		2004-10-13
		A student pose la question : suppose u have $25,000 to invest and the interest rate at your bank is 11%. 1) how much money would you have at the end of EACH of the first four years? 1) i already kno that the first year w/ interest is $27,750 but how do i get the 2nd? 3rd? 4th? years? Penny lui répond.
	Payment plus interest		2004-09-14
		Penny pose la question : Brian wants to borrow some money from Margaret. After three years he is to pay X back plus one interest sum of 25%. If he is pays back a total of $3800, what was the original sum borrowed? Penny Nom lui répond.
	$20,000 at 25% compounded daily		2004-02-03
		A student pose la question : Hi there, I'm tying to figure out how much interest I would pay on 20,000 if it was 25% compounded daily. Penny Nom lui répond.
	Interest compounded daily		2003-10-08
		Terie pose la question : If I owe $2000.00 @ 6.25% compounded daily for 54 days. How much do I owe in interest? Penny Nom lui répond.
	Interest compounded daily		2003-06-24
		Jeff pose la question : What would be the amount of interest charged or accrued and how is it calculated on principal balance of $209.12 @ 6% interest rate compounded daily for 70 days? Penny Nom lui répond.
	Interest compounded daily		2003-04-18
		Bruce pose la question : I recently received $7,987.68. This amount consisted of $7,543.61 invested at 6% per annum, compounded daily. I am trying to find out how many days this investment accrued interest. Penny Nom lui répond.
	Future value		2002-06-27
		Susan pose la question : If one were to invest $115 a month for 20 years and expect a 4% annual return, what is the value of this money in 20 years? Leeanne Boehm lui répond.
	Interest owing		2002-03-17
		Dean pose la question : I am an investor. If I lend to someone on January 1, 1999, $1000 to be paid back interest at 2% per year (simple interest, ie not compounded), and on July 15, 1999, I lend the same person $1,500 more (total loan is now $2,500) but at 18%, and once again on October 15, 1999, I lend to the same person another $1,500, and the person pays me back the principle($4,000) and interest on January 1,2001: What is the total (principle plus interest) due me? The tougher question is: what was my blended rate of return on my total outlay of money? Is there a formula you can give me so that I can perform my own calculations? Harley Weston lui répond.
	Investing $5,000		2001-07-09
		A student pose la question : A principal amount of $5,000 was invested in a savings account for 5 years.The interest earned was $500.Use the simple interest formula to find the annual rate of interest. Penny Nom lui répond.
	Monthly payments		2001-06-12
		Anthony pose la question : This question is base on my interest. I would like to know the formula for calculating this example: If you borrow $10,000 from a bank with an APR of 11.7% to be paid off in 5 years, what is your monthly payment? Penny Nom lui répond.
	Compound interest		2001-04-11
		A student pose la question : What principal will grow to $1367.10 after 1 year at 10% compounded semi-annually? Claude Tardif and Penny Nom lui répond.
	Cash advance		2001-03-28
		A student pose la question : dulani has a new credit card. it says: you can get cash advances wherever you are. whenever you want. also if you pay off your balance in full each month for a small transaction fee, the cash is interest free. (see important information on reverse side. On reverese side it says: cash advance transaction fee: $500 or less 2.5%; $500.01 to $1000.00-2%; $1000.01 or more -1.5%; $2.00 minumum. Annual percentage rater for cash advances 19.8%. dulani wants to know what a cash advance will really cost. Analyze the cash advance terms given here. how much would he pay for a $20 cash advance? What about a $450 cash advance? What annual interest rate are these charges equivalent to? choose other amounts. determine cost and annual ratees for these as well. make recommendations to dulani. Penny Nom lui répond.
	Isolating an exponent		2000-09-24
		C. Scott pose la question : Suppose you invest $500.00 in an account that pays 10% interest compounded annually. How long will it take for this value to triple? A=p(1 + i)a A=1500 i=0.1 1500=500(1.1)a p=500 a=unknown How do you solve this problem algebraicly? How do you isolate the variable (a) when it is an exponent? Harley Weston lui répond.
	Interest compounded daily		2000-04-03
		Debbie Bracken pose la question : How do I figure interest that is compounded daily? 8% compounded daily. Penny nom lui répond.
	Compounding continuously		2000-03-21
		Gina pose la question : You deposit $1500 in an account that pays 6.5% annual interest, compounded continuously. Find the balance after 10 years. I'm not sure what to do with the "compounded continuously" part. Penny Nom lui répond.
	Saving for college		2000-03-01
		Andrew Kunz pose la question : SAVING FOR COLLEGE In this project, you will forecast a friend's finances. Jane has received $75 from her grandparents on every birthday since she was one year old. She has been saving the money in an account that pays 5% interest. She is saving her money to help you pay for her college education, which she will start this fall after her 18th birthday. She also has been receiving birthday checks from her other relatives, but these didn't start until she was 12 years old. The amounts of these checks from her 12th birthday until her 18th birthday are $45, $45, $55, $50, $55, $60, $65. How much money will she have saved just from her birthdays by the time she starts college? IS this a reasonable amount to pay for a used car during her junior year in college? If she had invested her money in a different accoutn that had earned 7% interest, how much more money would she have saved? Penny Nom lui répond.
	Solving using logs		1999-10-11
		Rich Bolton pose la question : Here's my question: $541.39(1+i)15=784.09 Can you please show me how to do this? Penny Nom lui répond.
	Compound Interest		1999-07-01
		Kim Palmer pose la question : In early 1997, my son borrowed $4831 at 7.5%. He has made 30 monthly payments of $130 each. He is now in a position to pay off the balance. What is his remaining principal? Penny Nom lui répond.

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