0
How do you find the original investment when given the time and interest?
KevinMosleygp3067
Not enough information. You also need to know:
* The final amount of money
* Whether simple or compound interest is known
Wiki User
∙ 9y ago
Add your answer:
Earn +20 pts
What exactly is the finance rule of 72?
The finance rule of 72 basically is a way to find out how long it will take for someone to double their money, given a certain interest rate. E.g. if you had an interest rate of 9% a year on an investment, it will take 72/9 = 8 years to double your initial investment.
What is the equation used to figure what the interest rate of return is in a CD for example?
1) Given the CD investment: 20,000 2) Given the 15 months return of: 21,095.20 What formula can I use to find the APY ?? PG.
Find the simple interest earned after 5 years on an investment of 2000 at 3.2 percent?
320
Solve simple investment problems using the simple interest rate method?
find the interest on $4000 at 3.5% annual interest for 1 year 6 months
Where can one go to find current investment interest rates?
One can go find current investment interest rates on any banks' websites. Some big-name banks such as ScotiaBank, RBC, CIBC, etc. They have the most current and accurate rates.
Where do I compare cd interest rates in the past and the present?
A great website that provides investment advice and financial tools and current CD interest rates is www.bankrate.com. You can find useful information and provides valuable insight for investment opportunities.
Where can one find information about investment mortgage loans?
Information on investment mortgage loans can be found at various financial institutions. Many banks offer a wide range of mortgages and interest rates for investment properties.
How do you find an interest?
Since interest is a percentage of base principle times time - one must look at the reversing the process of removing the principle base and time to calculate what the base interest rate. Where this gets more complex if there is deferred interest into play and this pending some loan agreements interest is also applied to the deferred interest with an additional higher added on penalty fee. For this reason highly recommend reading full terms of loan agreements where deferrals agreements are very likely risk into deepening risk for the consumer. One must usually gain the original loan or investment agreement: interest rate and payment or modification history on a given investment. If an investment agreement also detail history as some investments offer a cash-out emergency loan that may be required . One example is some life insurance policies one may borrow against as a loan for emergency funds until the policy reaches maturity.
Find the final amount for the investment principal 400 annual interest 7.6 percent time 1.5 years?
441
How long does it take 1125 to triple if it is invested at 7 percent interest compounded quarterly?
(1 + .07/4)4x = 3 4x log(1+.07/4) = log(3) x = 0.25 log(3)/log(1.0175) = 15.83 The amount of the original investment doesn't matter. At 7% compounded quarterly, the value passes triple the original amount with the interest payment at the end of the 16th year.
Six thousand dollars is deposited into a fund at an annual rate of 13 percent find the time required for the investment to double if the interest is compounded continuously?
the equation for compound interest is Pe^(rt) the principal you want in the end is twice that of the original 12,000 plugging in and solving you get 12,000=6000e^(.13t) t = 5.33 years
Where can one find high interest savings accounts?
There are a few ways one can find high interest savings account. One can look at investment comparison sites, ask in money forums and read blogs on the topic.
