An account was opened with an investment of OMR2,000 10 years ago. The ending balance in the account is OMR3,500. If the interest was compounded annually, what rate was earned on the account?

Suppose that $1,000 is deposited into an account paying simple interest of 8% annually. At the end of five years, the account will be worth $1,400. True False

Regular quarterly payments of $6000 are deposited into an account paying 3.19% interest, compounded quarterly. If the final value of the account is $75 000, how long was the money invested?

In each situation described below, identify the initial payment, the term interest rate, andthe number of compounding periods.   An investment of $5000 at an APR of 3% compounded monthly, followed by anotherinvestment of $5000 made 2 years after the first. What is the value of the account after5 years?

Find the accumulated value of an investment of $10,000 for 3 years at an interest rate of 5.5% if the money is a. compounded semiannually; b. compounded quarterly; c. compounded monthly d. compounded continuously. Round answers to the nearest cent. a. What is the accumulated value if the money is compounded semiannually? (Round your answer to the nearest cent.)

An investor placed $2,000 per year at the end of each year into an investment account. Immediately after the 15th payment, the value of money in the account was $58,720. What is the average annual rate of return the investor has earned on the account? Group of answer choices 7.0% 9.0% 5.1% 6.3%

Use the formula for continuous compounding to compute the balance in the account after 1,5, and 20 years. Also, find the APY for the account. A $14,000 deposit in an account with an APR of 2.5 % .