Earn 7 on your money

    • [DOC File]1 - JustAnswer

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      Jan 26, 2011 · If the trust can earn 7.5% per year, how much will your grand parents need to put in the trust fund today [rounded to the nearest ten dollars]? (Points : 1) $ 11,370. $ 22.310 $ 5,250 $ 17,450 . 5. A financial analyst tells you that investing in stocks will allow you to triple your money in 15 years.

    • [DOCX File]socialsciences.dadeschools.net

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      Notice how compound interest helped your $100 grow to $126.24 in four years. What happened to the interest earned over time? Yes, interest grew from $6 your first year to $7.14 your fourth year. If you left your $100 in this account for 40 years, your money would grow to $1,028 and your annual interest earnings would be more than $50 per year.

    • [DOC File]1 - Whitman People

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      For each of the following, indicate if the person would be classified as employed, unemployed, or not in the labor force (a) a 70-year-old man who left his job to help his daughter in her business for 10 hours a week, (b) a 20-year-old college student who is out of school for the summer and is looking for a job, (c) a 30-year-old woman with a ...

    • [DOC File]Earn R20,000 per month, residual income for the rest of ...

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      Business Opportunity . Here’s how you can earn more than R5,000 per month, on-going income for life, in three easy steps . . . 1. Register your own Airtime Agency and start to earn cash immediately by selling Vodacom, MTN, Cell C and Telkom prepaid airtime vouchers by SMS, using your cellphone

    • [DOC File]Chapter 01 Quiz A

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      a. At 7 percent simple interest, your investment will grow to $3,869.68 over the twenty years. b. At 7 percent simple interest, you will earn $70 in interest during the second year that your money is . invested. c. The 5.5 percent account will earn you $438.69 more in interest over the twenty years than will the 7 . percent account. d.

    • [DOC File]Annual Compounding - Finance Department

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      He would earn $20,000 in the first year and he would earn $25,000 in the second year. He would then need to obtain his master’s degree, which will cost $15,000 a year for two years. After completion of his master’s degree, he will be fully qualified as an engineer and can earn $40,000 per year for 25 years.

    • [DOC File]Arithmetic Applications - WPI

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      Justin and Josh are brothers. They mow lawns to earn money in the summer. Justin has a riding mower and can do 9 lawns a day charging $18.00 a lawn. He pays a friend $7.00 a day to remove the grass cuttings. Josh has a push mower and he charges $20.00 a lawn. He can do 8 lawns a day. Which brother has a better paying job? Explain your answer.

    • [DOCX File]1 .edu

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      If you move your account, how much additional interest will you earn over the 2 years? [$6,450.06] 5. You deposit $1,000 in a savings account paying 8% interest, compounded quarterly. Eighteen months later, you decide to go to the mountains and you close out your account. How much money will you receive? [$1,126.16] 6.

    • [DOC File]Your company needs $500,000 in two years time for ...

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      Your company needs $500,000 in two years time for renovations and can earn 9% interest on investments Author: kelly Allen Last modified by: kelly Allen Created Date: 10/24/2005 2:36:00 AM Other titles: Your company needs $500,000 in two years time for renovations and can earn …

    • [DOC File]1

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      Another bank offers you an account for 2 years paying a 6% nominal rate, but compounded bimonthly (that is, 6 times a year). If you move your account, how much additional interest will you earn over the 2 years? [$6,450.06] 7. You have decided to deposit your scholarship money ($1,000) in a savings account paying 8% interest, compounded quarterly.

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