Question 1088029

A couple bought some stock for $40 per share that pays an annual dividend of $0.80 per share. After 1 year the price of the stock was $44. Find the simple interest rate on the growth of their investment. 
how much % ?

If $5000 is invested at 7% annual simple interest, how long does it take to be worth $8150? 
How many years?

Find the future value of an annuity of $1100 paid at the end of each year for 15 years, if interest is earned at a rate of 6%, compounded annually. (Round your answer to the nearest cent.) 
How much $ ?

Find the future value of an ordinary annuity of $500 paid quarterly for 3 years, if the interest rate is 14%, compounded quarterly. (Round your answer to the nearest cent.)
How much $ ?
<pre>I'll do 1 for you. You have to do MOST of the work, or if I do all, what are you going to do?
2) It'll take 9 years for $5,000 to accumulate to $8,150.
However, if the money is left in an account and is not touched, the interest will be COMPOUNDED, and therefore, it'll take less time to accumulate to $8,150.