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4 items are filed under this topic.
A total amount of $27,500 invested at 5% and 7% 2017-02-19
From Brad:
Kristina invests a total of $27,500 in two accounts paying 5% and 7% simple interest, respectively. How much was invested in each account if, after one year, the total interest was $1,645.00.
Answered by Penny Nom.
Investing in multiple accounts 2009-06-26
From Kenneth:

If an investor has $1000.00 to invest in multiple accounts, and he wants a total return of 4%, is there one calculation that can be used to determine what these amounts could be even though there may be numerous amounts used as answers for most of the following examples?

For example,
Invest $1000.00 @ 2% and 5% for total return of 4%.
Invest $1000.00 @ 2%, 3% and 5% for total return of 4%.
Invest $1000.00 @ 2%, 3%, and 5% for total return of 4%.
Invest $1000.00 @ 2%, 3%, 4% and 5% for total return of 4%.

Answered by Robert Dawson.
$24,000 investment at 5% daily interest 2005-12-21
From Gary:
My friend is a professional day trader on the stock exchange. He claims that he can take a $24,000 investment at 5% daily interest and at the end of 3 years have approximately 34 million dollars. Can this be correct?
Answered by Penny Nom.
Fran goes to college 2005-08-21
From Thomas:
Fran will begin attending longview college 1 year from now and will attend for the next 4 years. Her annual cost will be $14,000.00 which her parents have agreed to pay. Frans parents have saved enough money to meet Frans needs. How much must they invest in an account paying 10% interest compounded annually in order to receive $14,000.00 at the end of each of the next 4 years, having nothing left in the account at the end of that time?
Answered by Penny Nom.



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