Quick Wealth Network

money management?

ok im having diffiulties john placed 600$ into a savings acc which earned him 6% compounded interest for 5 years 1 how much interest did he earn at the end of the 5 years? 2 what was his ending balance over 5 years then its something like.... Princible x rate = interest princible + interest = new balance this goes on to 5 years ( like year 1 answer the princible things ) plus teach me how to do it PS i was absent 4 days ( flu so im like dumb right now ) 19 minutes ago - 3 days left to answer. Additional Details 15 minutes ago PS need help can u get me a money management definiton for the following economy invest stockbroker bond mutualfunds Report It

Public Comments

1. GO DO YOUR OWN HOMEWORK!! if you want interest formula Principle X (1xi)^n . Plug it in and n is the number of periods. If you want it to be compounded monthly or quaterly devide i into the appropriate number. and use dictionary.com to get your definitions.
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