WebDiana invested 3000 in a savings accountfor 3 years. She earned 450 in intrest over that time period. What interest rate did she earn? ... solutionspile.com WebApr 11, 2024 · Had you invested the $4,500 in the S&P 500 in 2015, which is now up about 99% at today's level, that money would be worth slightly under $9,000. This means Berkshire has outperformed the broader ...

Compound Interest Calculator [with Formula]

WebJul 21, 2024 · The average savings account today earns only 0.37%. At that rate, if you had $3,000 in your account for a year, you’d earn just a few dollars in interest. On the other hand, if you put that... WebMath Algebra Your parents invested $3,000 into a savings account for you in 2008. If the account earns 4.5% interest compounded quarterly, what will the value of the account be in 2040? Round your answer to 2 decimal places. O $12,662.09 O $12,269.94 O $17,967.46 o $12,560.70 O $7,320. Your parents invested $3,000 into a savings account for you ... phospho sty sites text

6.4: Solve Simple Interest Applications - Mathematics LibreTexts

WebAccording to the question- Given: Diana invested 3,000 in a savings account for 3 years. She earned 450 in intrest over that period. To find the interest rate that Diana earned on … WebIn the first month, P0= $1000 r= 0.0025 (0.25%) I = $1000 (0.0025) = $2.50 A= $1000 + $2.50 = $1002.50 In the first month, we will earn $2.50 in interest, raising our account balance to $1002.50. In the second month, P0= $1002.50 I = $1002.50 (0.0025) = $2.51 (rounded) A= $1002.50 + $2.51 = $1005.01 WebDiana invested her savings of $1,775 in a savings account that was earning simple interest at 2.25% p.a. She also invested $3,125 in her friend's business at 0.46% p.m. a. What is the interest rate per month that is equivalent to 2.25% p.a.? b. What was the total interest earned from both investments at the end of 7 months? phospho stat5