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How many years will it take for an investment to double if the interest rate is 8 percent per year compounded annually?
Wiki User
∙ 12y ago
11 years
Wiki User
∙ 12y ago
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How much interest is earned for the investment 20 000 for 2 years at 6 percent compounded annually?
Interest = 2472
How much would 15000 dollars invested at 8 percent interest compounded annually be worth after 6 months?
If the interest is compounded annually, then the first interest payment isn't added until the end of the first year. Until then, the investment is worth exactly $15,000.00 .
Future value of 2000 in 5 years at interest rate of 5 percent?
Compounded annually: 2552.56 Compounded monthly: 2566.72
What is compound interest on 15000 at 6 percent compounded annually for 2 years?
1257
What is the monthly interest rate of 18 percent annually?
With simple interest, it is 1.5% per month. If compounded, it is 1.389% approx.
How much interest is earned for the investment 20 000 for 2 years at 6 percent compounded annually?
Interest = 2472
How much would 15000 dollars invested at 8 percent interest compounded annually be worth after 6 months?
If the interest is compounded annually, then the first interest payment isn't added until the end of the first year. Until then, the investment is worth exactly $15,000.00 .
How much interest is earned for the investment for 20000 for 2 years at 6 percent compounded annually?
Total value = 20000*(1.06)2 = 22472 So interest = 2472
5 percent interest compounded annually means percent paid every?
year
A loan at 6 percent interest over 5 years What is the total output?
If the interest is simple interest, then the value at the end of 5 years is 1.3 times the initial investment. If the interest is compounded annually, then the value at the end of 5 years is 1.3382 times the initial investment. If the interest is compounded monthly, then the value at the end of 5 years is 1.3489 times the initial investment.
What is the monthly interest rate of and annual 10 percent rate?
It is 0.833... recurring % if the interest is simple, or compounded annually. If compounded monthly, it is approx 0.797 %
What is the effective annual return for an investment that pays 10 percent compounded annually?
It might just be 10%.
150 if invested for three years at a 9 percent interest rate?
$194.25 if interest is compounded annually. A little more if compounded quarterly, monthly, or daily.
Future value of 2000 in 5 years at interest rate of 5 percent?
Compounded annually: 2552.56 Compounded monthly: 2566.72
What is 350 in 6 percent interest in four years?
It depends on when it's compounded. Left alone and compounded annually, the total is 441.87.
What is compound interest on 15000 at 6 percent compounded annually for 2 years?
1257
How long does an investment earning 9 percent take to double in value?
8.0432 years (rounded) if compounded annually.
