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Compounded yearly, you would end up with $11,901.16

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10y ago

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What is six percent of 10000?

6% of 10000 = 10000*6/100 = 600


How much less interest is earned at 6 percent simple interest for 5 years on a 10000 investment than a 6 percent rate compounded daily for 5 years?

3000


What is 6 percent of 10000?

6% of 100.00= 6% * 100= 0.06 * 100= 6.00


How do you write 0.06 percent as a fraction?

0.06% = 0.0006 = 6/10000 or 3/5000 in fraction


How do you change .06 percent to a fraction?

1/100 is 1% so 1/1000 is 0.1% so 1/10000 is 0.01% therefore 6/10000 is 0.06% this cancels down to 3/5000


What is 6 percent of 5000?

300. 1 percent of 5,000 = 50. 50 X 6 = 300


What is the total return of 6 percent interest per year on 10000?

600.00$


How much needs to be deposited now to have 10000 in eight years if it earns 6 percent compounded annually?

6275 will be worth 10001.40 while 6274 will not be enough.


How much should be deposited today in an account that earns 6 compounded semiannually so that it will accumulate to 10000 in 3 years using present value?

6% compounded annually is equivalent to an annual rate of 12.36%. To increase, at 12.36% annually for 3 years, to 10000, the initial deposit must be 7049.61


Find the present value of 1 a single payment of 24000 at 6 percent for 12 years 2 12 annual payments of 2000 at 6 percent 3 a single payment of 5000 at 9 percent for five years and?

what is present value of a single payment of 24,000 at 6 percent for 12 years


What is the simple interest on a loan of 600 for 3 years at 6 percent interest?

6% is 600x6/100 =36 per year. 3 years is 3x36 =108


How much will you earn on a 10000 share certificate in 6 months at 10 percent?

You will earn 500.