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[DOC File]Simple and Compound Interest Worksheet
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In problems 4-6, compare the amount of money you have if the investment is compounded annually versus daily. Write out and calculate 2 equations per problem. $1,000 at 8% for 5 years. $2,000 at 12% for 3 years. $5,000 at 12% for 20 years. Fill in the blanks for problems 7-12.
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[DOC File]Simple and Compound Interest
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13. $12,000 at 4.8% after 7 years. 13. _____ 14. Mark deposits $2000 into an account that pays an interest rate of 3.5% compounded annually. He doesn’t add or remove money from his account for 4 years. How much money will Mark have in 4 years? 15. You deposit $1500 into an account that pays an interest rate of 4% compounded annually.
1000 compounded annually at 5

[DOC File]Word Problems with Exponents and logs
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a. $500 invested at 4% compounded annually for 10 years. b. $600 invested at 5% compounded annually for 6 years. c. $750 invested at 3% compounded annually for 8 years. d. $1000 invested at 4% compounded annually for 7 years. e. $1250 invested at 3% compounded annually for 15 years. f. $1500 invested at 4% compounded semiannually for 7 years.
interest compounded annually calculator

[DOC File]Annual Compounding - Finance Department
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Based on actuarial tables, “Joltin’ Joe” could expect to live for 30 years after the actress died. Assume that the stated annual interest rate, compounded weekly, is 10.4 percent. Also, assume that the price of the flowers will increase at 3.9 percent per year, when expressed as a stated annual growth rate, compounded weekly.
5% compounded monthly

[DOC File]Exam-type questions
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Exam-type questions. For Midterm 2. Chapter 2. 1. Suppose you have $2,000 and plan to purchase a 3-year certificate of deposit (CD) that pays 4% interest, compounded annually.
6% compounded annually

[DOC File]Chapter 1, Section 4 - Purdue University
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The investment earns 4% compounded semi-annually; The investment earns interest at a rate equivalent to an annual rate of discount of 4%; The investment earns interest at a rate equivalent to a rate of discount of 4% convertible quarterly. The investment earns 4% simple interest. Investment X for 100,000 is invested at a nominal rate of ...
8% compounded annually

4 compounded annually