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How much will 25000 be worth in 18 years if it is invested at 6 percent compounded monthly?
Wiki User
∙ 12y ago
$73053.88
when compounded month your yearly rate would be 0.061678%
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True, but in real life the quoted interest rate, "6 percent compounded monthly", should read "an interest rate, such that, if it were compounded monthly, would give an annual equivalent rate of 6 percent".
The equivalent of 6% annual is 0.487% monthly since 1.0048712 = 1.06
Wiki User
∙ 12y ago
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What percent of 25000 is 13375?
(13375 / 25000) = 0.535 x 100 = 53.5Therefore, 13375 is 53.5 percent of 25000.
What is 4 percent of 25000?
25000 x 0.04 = 1000
What is is 60 percent of 25000?
60% of 25,000 is 15,000
What is 2 percent of 25.000?
2% of 25000= 500= 2% * 25000= 0.02 * 25000= 500
What is 1 percent of 25000?
5
Find the accumulated value of an investment of 25000 for 7 years at an interest rate of 4 percent if the money is compounded semiannually?
25000 x (1.02)14 = 32976.97. For comparison, compounded annually would give 25000 x (1.04)7 = 32898.29, not a huge difference but worth having!
What is 23 percent of 25000?
2.3% of 25000= 2.3% * 25000= 0.023 * 25000= 575
25000 is 5 percent of what number?
25000/0.05 = 500000 Therefore, 25000 is 5 percent of 500000.
What percent of 25000 is 13375?
(13375 / 25000) = 0.535 x 100 = 53.5Therefore, 13375 is 53.5 percent of 25000.
What is the monthly salary for president of Ghana?
25000
How much is 15 percent from 25000?
15% of 25000= 15% * 25000= 0.15 * 25000= 3750
What is 3.50 percent of 25000?
3.5% of 25000 = 875
What is 25 percent of 25000?
25% of 25,000 = 25% * 25000 = 0.25 * 25000 = 6,250
What is 33.3 percent of 25000?
33.33% of 25000= 33.33% x 25000= 0.3333 x 25000= 8332.5
What is 25000 plus 8 percent?
Percent or percentage is equivalent to hundredths. 8% of 25000 is 25000 x 8/100 = 2000. 25000 + 8% of 25000 = 25000 + 2000 = 27000 NOTE : As 25000 is 100% then the problem can be solved by finding 108% of 25000. 25000 x 108/100 = 27000.
What is 4.99 percent of 25000?
4.99% of 25,000 = 4.99% * 25000 = 0.0499 * 25000 = 1,247.5
What is 13 percent of 25000?
13% of 25,000= 13% * 25000= 0.13 * 25000= 3,250
