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How much time will a 500 investment need to earn 1000 in interest at a rate of 10 percent per year?
Wiki User
∙ 10y ago
If t is the period in years, then
the value of the investment after t years satisfies the equation
Y = 1000+500 = 500*(1+10/100)t So that t = ln(3)/ln(1.1) = 11.5 years.
Wiki User
∙ 10y ago
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How long does a 4000 investment take to earn 720 interest if the interest rate is 6 percent per year?
3
How long will a 9000 investment take to earn 180 interest at an annual interest rate of 8 percent?
3 months
How much interest would you earn of a 30000 investment?
Depends on how you invested it and what rate of return that investment delivered.
Is simple interest at 4.25 percent better than compound interest at 4.25 percent?
Simple interest is the interest you earn on your principal, IE the amount of your original investment. For example, you put 1000 dollars in a saving account paying 3% per annum. At the end of the year you will have earned 30 dollars on that one thousand dollars. If you leave the principal and interest in the account for another year you will earn another 30.00 on your original 1000 dollars plus .90 interest. on the first 30.00 dollars interest. This gives you a total of 1060.90 in your second year. In each succeeding year you will earn interest on your interest plus interest on your original principal which, if left alone will add up to a substantial some given the power of compound interest. One caveat, compound interest is a double edged sword. If you have a loan and fail to make your monthly payments on time, compound interest will gut you financially.
How much time will a 500 investment need to earn 100 in interest at a rate of 10 percent per year?
2 years. 10% of 500 is 50.
How long will a 9000 investment take to earn 180 interest at an annual interest rate of 8 percent?
3 months
How long does a 4000 investment take to earn 720 interest if the interest rate is 6 percent per year?
3
Is the interest earn t in a bank account classed as an investment?
Interest earned in a bank account is not an investment. It is considered an income. The money that you have in the bank account that earned the interest for you is considered the investment
How much interest would have an investment of 7500 at 7 percent pa for 2 years earn?
75 x 7 x 2 = 1050
How much interest would you earn on 122 million pounds?
The amount of interest you would earn on 122 million pounds will usually vary between 1 and 5 percent. The actual amount varies greatly based on the type of investment and their returns.
How much interest would you earn of a 30000 investment?
Depends on how you invested it and what rate of return that investment delivered.
Is simple interest at 4.25 percent better than compound interest at 4.25 percent?
Simple interest is the interest you earn on your principal, IE the amount of your original investment. For example, you put 1000 dollars in a saving account paying 3% per annum. At the end of the year you will have earned 30 dollars on that one thousand dollars. If you leave the principal and interest in the account for another year you will earn another 30.00 on your original 1000 dollars plus .90 interest. on the first 30.00 dollars interest. This gives you a total of 1060.90 in your second year. In each succeeding year you will earn interest on your interest plus interest on your original principal which, if left alone will add up to a substantial some given the power of compound interest. One caveat, compound interest is a double edged sword. If you have a loan and fail to make your monthly payments on time, compound interest will gut you financially.
How long must 1000 invested at an annual interest rate of 3 percent to earn 300 in a simple interest?
>I=Prt > 300=1000(0.03)t > t=10 Time duration will be 10 years.
How much time will a 500 investment need to earn 100 in interest at a rate of 10 percent per year?
2 years. 10% of 500 is 50.
Where can I invest 1000 and earn monthly interest of 30 percent?
Hey bro if you invest 1000 dollars in my Company I can get you somewhere between 8500 to 10000 dollars back within 12 hours.
How long will it take to earn interest of 4000 if 20000 is invested in 10 percent?
Assuming that the 10 % stated is per year, the investment will earn 0.10 X 20000 = 2000 per year. The years required to earn 4000 will be 4000/2000 = 2.
How much interest would I earn in one year on 100000 with a 1.75 percent interest rate?
You would earn 1750.
