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Calculate the future value of 150 if invested for three years at a 9 percent interest rate?
Wiki User
∙ 14y ago
Value = 150*(1.09)3 = 150*1.295 = 194.25
Wiki User
∙ 14y ago
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What is the future value for 10000 invested for 5 years with an annual interest rate of 8 percent?
$14,693.28
What is the future value of Rs1.00 invested for 10 years if 12 percent annual rate of interest is compounded quarterly?
1 x (1.03)40 = 3.26
If 5000 is invested at an annual interest rate of 9 percent compounded continuously. How much is available after 7 years?
Principal amount 5,000 Interest rate 9 percent per year = 0.09 Continuous compounding Number of years 7 Future value = P e^rt Future value = (5000) e^(0.09)(7) Amount after 7 years = $9,388.05
How much would 500 invested at 9 percent interest compounded continuously be worth after 4 years?
$716.66 The formula is Principal times e to the rate times time power. Future Value = PeYr
What is the future value of 1200 a year for 40 years at 8 percent interest?
What is the future value of $1,200 a year for 40 years at 8 percent interest? Assume annual compounding.
What is the future value for 10000 invested for 5 years with an annual interest rate of 8 percent?
$14,693.28
8000 invested for 7 years at 8 percent compounded annually?
Assuming interest is added at the end of the year, the future value is 13,710.59
What is the future value of 8400 dollars invested at 5 percent for 6 years using simple interest?
Future value = 8400*(1 + 0.05*6) = 8400*(1.3) = 10,920 dollars.
What is the future value of Rs1.00 invested for 10 years if 12 percent annual rate of interest is compounded quarterly?
1 x (1.03)40 = 3.26
Future Value of 500 if invested for 5 years at a 4 percent interest rate?
Simple interest, 500 + (5 x 5 x 4) = 600. Compound 500 x 1.04^5 = 632.66
What is the future value of 500 invested for 15 years at 5 percent?
It depends how the interest is calculated. If it's compounded, your initial 500 investment would be worth 638.15 after 5 years.
What is the future value of 1000 invested at 8 percent for 7 years?
Future value = 1000*(1.08)7 = 1713.82
What is the future value if 3400 is invested for 5 years at 8 percent compounded quarterly?
$5,052.22
If 5000 is invested at an annual interest rate of 9 percent compounded continuously. How much is available after 7 years?
Principal amount 5,000 Interest rate 9 percent per year = 0.09 Continuous compounding Number of years 7 Future value = P e^rt Future value = (5000) e^(0.09)(7) Amount after 7 years = $9,388.05
How much would 500 invested at 9 percent interest compounded continuously be worth after 4 years?
$716.66 The formula is Principal times e to the rate times time power. Future Value = PeYr
How much would 300 invested at 4 percent interest compounded monthly be worth after 8 years?
The compound interest formula is FV = P(1+i)^n where FV = Future Value P = Principal i = interest rate per compounding period n = number of compounding periods. Here you will need to calculate i by dividing the nominal annual interest rate by the number of compounding periods per year (that is, i = 4%/12). Also, if the money is invested for 8 years and compounds each month, there will be 8*12 compounding periods. Just plug the numbers into the formula. You can do it!
What is the future value of 1200 a year for 40 years at 8 percent interest?
What is the future value of $1,200 a year for 40 years at 8 percent interest? Assume annual compounding.
