$13,366.37
compounded annually--$43,219 compounded quarterly--$44,402 compounded monthly-- $44,677 compounded daily--$44,812
12100
13310
$10,000 times (1.1)3 = $13,310
$16,105.10 if compounded yearly, $16,288.95 if compounded semi-annually, $16,386.16 if compounded quarterly, $16,453.09 if compounded monthly, and $16,486.08 if compounded daily.
The amount required is 7641.49
You do not tell us how a month you would be receiving. 400 X 24 = 9600
Value = 10000*[1 + 21/(100*12)]^(20*12)= 643073.03 approx.Value = 10000*[1 + 21/(100*12)]^(20*12)= 643073.03 approx.Value = 10000*[1 + 21/(100*12)]^(20*12)= 643073.03 approx.Value = 10000*[1 + 21/(100*12)]^(20*12)= 643073.03 approx.
Deposit 4776.06 The frequency of compounding does not matter since the annual interest rate is given.
Compounded yearly, you would end up with $11,901.16
1200
1000/- to 10000/-