What would be the yearly earnings for a person with $3,500 in savings at an annual interest rate of 4.8 percent?
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- What would be the yearly earning solve this accounting questionsWhat would be the annual percentage yield for a savings account that earned $60.00 in interest on $1,000 over the past 365 days?What would be the annual percentage yield (APY) for a savings account that earned $174 on a balance of $3,250 over the past 365 days?
- What would be the value of a savings account started with $1,200, earning 3 percent (compounded annually) after 10 years?Suppose you invest $103 nin a bank account, and five years later it has grown to $137.91. a. What APR did you receive, if the interest was compounded semiannually? b. What APR did you receive if the interest was compounded monthly?If I deposited $7900 into a savings account that compounds daily at an annual rate of 5.1% how much would the balance be at 5.9 years?
- Suppose you have $1500 in your savings account at the end of a certain period of time. You invested $1100 at a 5.37% simple annual interest rate. How long, in years, was your money invested?What is the effective annual rate of a savings account with an annual interest rate of 5.9% compounded quarterly?General accounting question