When Sophie was born her parents invested a sum of $20,000 in her collage fund. They invested it at a nominal annual rate a 5% with interest compounded quarterly. Which equation could be used to find the number of dollars, y, in the account, after 18 years assuming no other deposits or withdrawals are made?

Vanessa plans to invest $10,000 for 5 years at an annual intersect rate of 6% compounded annually. Which equation could be used to determine the profit, P, Vanessa earns from her initial investment?

Sasha invested $1,200 in a savings account at an annual interest rate of 1.6% compounded annually. She made no further deposits or withdrawals. To the nearest dollar, how much more money did she have in the account after 3 years than after 2 years?

Connor invests a sum of money at an interest rate of 3% per year compounded annually. The value of the investment, y, after n years can be calculated using the equation y=A(x)^(n) . If Connor invests $250 and wants to calculate the value of his investment after 10 years, assuming no further deposits or withdrawals, which of the following equations should be use?

A sum of Rs.20,000 is invested by Heena for 2 years at an interest of 8% comopunded annually.Find the compound interest and the amound she has to pay at the end of 2 years.

A man deposited ₹ 10,000 in a bank at the rate of 5% simple interest annually. Find the amount in 15th year since he deposited the amount and also calculate the total amount after 20 years.

Jessica opened a bank account that earns 2 percent interest compounded annually. Her initial deposit was $100 , and she uses the expression $100(x)t to find the value of the account after t years. What is the value of x in the expression?

Maria invested Rs 8,000 in a business. She would be paid interest at 5% per annum compounded annually. Find : The amount credited against her name at the end of the second year.

Maria invested Rs 8,000 in a business. She would be paid interest at 5% per annum compounded annually. Find (i)The amount credited against her name at the end of the second year. (ii)The interest for the 3rd year.

Maria invested ₹8,000 in a business.She would be paid interest at 5% per annum compounded annually.Find:(i)The amount credited against her name at the end of the second year. (ii)The interest for the third year.