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Q: 1600 dollars is placed in an account with an annual interest rate of 5.25%. How much will be in the account after 25 years, to the nearest cent?
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1600 dollars is placed in an account with annual interest rate of 5.25%. How much will be in the account after 25 years, to the nearest cent?

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You deposit $200 per year in a bank account that offers an annual interest rate of 6. After 5 years your total earnings in interest are?

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If an account balance is being charged 1 percent interest per week is this the same thing as saying 52 percent per year. What is the equation for finding the true annual rate of interest?

No if the account earns interest daily, it's earning interest on interest essentially. So if you have $100 and you earn 1% interest, you would have $101 dollars the next day and earn 1.01 dollars in interest, and so on.


How much interest is earned on the account?

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The annual compound interest rate is 18 percent.


How much is my annual interest if I have 600 dollars over 15 years from 3 dollars?

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Karen deposited 8500 dollars in a college savings account for her grandson The account earns an annual simple interest rate of 6.5 percent How much money will she have at the end of ten years?

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How Much is 16000000000000.00 Dollars?

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