Chris deposits $600 into an account that earns 2% simple interest for 30 years. What is the interest at the end of 30 years?
Sasha makes a $2,400 deposit into an account that earns 4.5% interest compounded annually for 8 years. What is the total amount she will have in 8 years?
A $3,000 deposit for 3 years compounded at an annual interest rate of 2.6%. What is the interest after 3 years?
A $15,000 deposit for 6 years compounded at an annual interest rate of 7%. What is the interest after 6 years?
A $4,100 deposit for 6 years at a simple interest rate of 3.4%. What would be the total amount at the end of 6 years?
A $5,400 deposit for 11 years earning 4.25% simple interest. How much interest is earned after 11 years?
Ben deposited $2,520 into an account earning 5.25% annual simple interest. He leaves the money in the account for 10 years. Assuming he doesn’t make any other deposits or withdrawals, how much interest will he earn after 10 years?
Amaya put $6,000 in a retirement account that offers 7% annual compound interest. Assuming Amaya makes no additional deposits or withdrawals, what will her new account balance be after 5 years?
Christina deposits $3,000 each into the two savings accounts described below. If she doesn’t make any other deposits or withdrawals, find the combined total amount of the accounts after 7 years. · Account 1 earns 5% annual simple interest. What is the balance at the end of 7 years?
Christina deposits #3,000 each into the two savings accounts described below. If she doesn’t make any other deposits or withdrawals, find the combined total amount of the accounts after 7 years. Account 2 earns 5% annual compound interest. What is the balance at the end of 7 years
What is the combined account balance of
the two accounts? (question #9 and 10)