Hayden invested 750 for three years
WebJan 15, 2013 · What is 750 with an interest rate for three years at 0.035? - Answers 750*(1.035)3 = 831.538 That is 831.53 if the bank is paying you, 831.54 if you are paying the bank! Home Subjects... WebQuestion Jim invested $750 in a 3-year CD that earns 4.2% annual interest that is compounded continuously. How much will the CD be worth at the end of the 3-year term? Round to the nearest cent, and do not include the dollar sign in your answer.
Hayden invested 750 for three years
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WebFeb 21, 2024 · n n n – the number of periods (years) the money is invested for. ... 3 = $1, 000 ⋅ 1.1248 = $1, 124.8 The value of your deposit after 3 years (the future value. Let's check now what the future value of the initial amount ($1,000) will be if the annual interest rate is compounded monthly. The formula for future value is: Webr = R/100 = 3.875%/100 = 0.03875 per year, then, solving our equation I = 10000 × 0.03875 × 5 = 1937.5 The simple interest accumulated ... the simple interest where P is the Principal amount of money to be invested at an Interest Rate R% per period for t Number of Time Periods. Where r is in decimal form; r=R/100. r and t are in the same ...
WebDec 18, 2024 · Hayden invested $750 for three years at an interest rate of 0.035. How much interest did he earn in that time? Advertisement aubreyryann is waiting for your help. Add your answer and earn points. Answer 1 person found it helpful anirvedhbanoth answer 9.45$ explanation his interest per month is 0.2625$ and then calculate for 3 year's …
WebMar 8, 2024 · Hayden invested $750 for three years at an interest rate of 0.035. How much interest did he earn in that time? HELPPPPP See answer Advertisement ... Step … WebDec 30, 2016 · Find an answer to your question Devin invested $750 in a cd that pays 6% simple interest, calculated quarterly. how much money will devin earn in 3 years? angerb6e1ralgaC ... principal plus interest, from simple interest on a principal of $ 750.00 at a rate of 6% per year for 3 years is $ 885.00. Advertisement Advertisement ...
WebMar 31, 2024 · Hayden invested $750 for three years at an interest rate of 0.035. How much interest did he earn in that time?
WebHow much interest did she earn in 3 years? arrow_forward Find the percent increase. (Round to the nearest tenth of a percent.) In 2011, the IRS increased the deductible mileage cost to 55.5 cents from 51 cents. arrow_forward Hang borrowed $7,500 from her parents to … time out shoesWebQuestion: Three years ago, you invested $2,750. Today, it is worth $3,500. What rate of interest did you earn? Three years ago, you invested $2,750. Today, it is worth $3,500. What rate of interest did you earn? Expert Answer. Who are the experts? Experts are tested by Chegg as specialists in their subject area. We reviewed their content and ... time out shoppingWebSpecter Co. combines cash and cash equivalents on the balance sheet. Using the following information, determine the amount reported on the year-end balance sheet for cash and … time out signal crossword clueWeb4. (four marks) Determine the monthly deposit needed to save $10 000 in three years if interest is earned at 3.5% per year, compounded monthly. 5. (four marks) Determine the amount that should be invested now to generate an semi-annual income of $2000 for three years from a fund that earns 9% per year, compounded semi-annually. time out shorts free peopleWebAn investor buys $100,000 in par value of TIPS with a coupon rate of 8%. Inflation during the first six months is 2.4%. The first semi-annual coupon payment is closest to: $4,096. Treasury bills are discount securities most likely because they: Make no explicit interest payments. Blue-chip stocks are most likely: time out shower curtainWebA new machine with a purchase price of $68,750 is being considered a replacement. It will have a useful life of three years and no residual value. It is estimated that the annual variable manufacturing costs will be reduced from $43,750 to $20,000 if … time-out should be used when:WebHayden invested $750 for three years at an interest rate of 0.035. How much interest did he earn in that time? he earned $78.75 interest. time out sign basketball