You invested $3000 in two accounts paying 5% and 8% annual interest. If the total interest earned for the vear is $189, how much was invested at each rate?
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- possible You invested $14,000 in two accounts paying 8% and 9% annual interest, respectively. If the total interest earned for the year was $1230, how much was invested at each rate?Suppose a person invests a toal of $10,000 in two accounts. One account earns 8% annually and the other earns 9% annually. If the total ineterest earned from both accounts in a year is $860, how much is invested in each account?Suppose $15,000 is invested in an account with an APR of 4.5%. If the interest is compounded annually, how much interest is earned over the first 6 years? If the interest is compounded monthly, how much interest is earned over the first 6 years?
- An executive invests $22,000, some at 7% and some at 6% annual interest. If he receives an annual return of $1,420, how much is invested at each rate? Pls thanksSuppose that $8000.00 was invested in a savings account that paid 2.5% interest compounded quarterly. How much interest would be earned after 3 years?You opened an account with an investment of $1,000 10 years ago. The ending balance in the account is $1,500. Given annual compounding, what interest rate was earned on the account?
- Determine the interest earned after 8 years if $3000 is invested in each of the following accounts. A) an account earning 5.29% interest compounded daily B) an account earning 5.14% simple interestAn investment that cost ₱300,000 was placed in a bank and the bank gave you a 4% compound interest per annum. If the investment is to be placed in 5 years. How much is the interest earned?Regular quarterly payments of $6000 are deposited into an account paying 3.19% interest, compounded quarterly. If the final value of the account is $75 000, how long was the money invested?
- How long would it take for an investment of $3,500 to become $4,200 if it is invested in an account that earns 6% compounded monthly?If $600 is invested in an account earning 2.75% compounded continuously, how much would be in the account after 5 years?Suppose that $4500 is invested in an account that pays 2% annually and is left for 4 years. 1) How much will be in the account if interest is compunded quarterly? 2) How much will be in the account if interest is compouded continuously?
