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Q: How much will you have in 10 years if you deposit 5000 today and earn 8 percent annual interest?
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Related questions

The future value of a 1000 investment today at 8 percent annual interest compounded semiannually for 5 years is?

$1480.24


If you invest 1000 today at 5 percent annual interest how much would you have in 2 years?

1050*5/100


Would a dollar tomorrow be worth more to you today when the interest rate is 20 percent or when it is 10 percent?

10 percent.


What was the interest rate in 1968?

As of today, there was no one set interest rate in 1968. On a CD, the interest rate averaged between 5.53 percent and 6.39 percent in 1968. The 2013 rates on CDs are only 1.0 - 1.5 percent.


What is the interest rate today on I bonds?

I-bonds have an annual rate of interest. The best way to find the current rate of interest for an I-bond is to go to the website www.treasurydirect.gov and look up the rate.


What if your bank account pays a nominal interest rate of 6 percent but interest is compounded daily on a 365-day basis What if your plan is to deposit 500 in the account today You also plan to deposi?

daily interest 6/365 = 0.01643 N=3 pv= -500 pmt = -1000 I= 0.01643 fv= ? fv= $3500


How much was 15000 in 1950 compared to today?

The value of 15000 in 1950 compared to today is $148,124.36. This is based on an annual inflation of 3.64 percent resulting in a total inflation of 887.50 percent.


How much have the interest rates on mortgages changed in the last five years?

Five years ago, the interest rates on mortgages was only at 0.5 percent. As of today, interest rate on mortgage soared to 2.5 percent. That is 500 percent increase for the past five years.


If you invest 6000 dollars today ata nine percent interest rate what is the amount of interest after thirty years?

The total interest would be 73606.07 dollars, approx.


You deposit 300 today 500 one year from now and 600 four years from now into an account that earns 8 percent compounded annually How much money will you have 7 years from now?

Assuming you deposit the money on the first day of each year you will have 2,124 from the 1,400 you'd deposited earning a total of 724 interest


What are term deposit account?

Term deposits are deposits kept in the bank for a fixed period of time with earn you interest as decided at the time of making the deposit. You are generally expected to keep your account active and open till the deposit duration. Premature withdrawals attract a penalty on the interest component. Ex: Let us say you open a term deposit of $10,000/- for 1 year at 8% rate of interest today, next year on the same day you would get $10,800/-


What was a dollar worth in 1962 compared to today?

In 1962 the value of a dollar was the same as $7.77 in today's time. This is caused by the annual inflation rate of 4.02 percent.


What is today's value of 1948 10000?

The value today, of 10,000 dollars from 1948 will be about 99,500 dollars. This is estimated at an interest rate of three and a half percent.


What is a sentence for annual wage?

A man's annual wage today exceeds the annual wage of his father.


You deposit money today into an account at 6.5 percent interest how long to double your money?

About 11 years. (One quick way to find out how fast your money will double is through the Rule of 72. Divide 72 by the interest rate you're getting--in this instance, 6.5%. 72 divided by 6.5 = 11.07. So, it will take a little over 11 years for your money to double.)


How much would you have to invest today in the bank at an interest rate of 8 percent to have an annuity of 4800 per year for 7 years?

7,398,000


What is the percent of teen pregnant today?

50 percent of the teens are pregnant today!


What is the average annual salary today?

$9.75


How many credit cards today offer a no annual fee promotion?

"A number of credit cards today will offer a no annual fee promotion. In fact, many retailer recently have been offering their own brand of credit cards and promote no fee, no interest, no payments for up to 1 year. An Example is Home Deopt."


Result of DAE Annual 2010?

today 18 august annual result


100 in 1924 is worth how much today?

$100 in 1924 is worth $1,347.10 in July, 2014. This figure has been computed using an annual inflation of 2.93 percent. The total inflation since 1924 to 2014 is 1247 percent.


Where can you invest usd 1000 and earn monthly interest of 30 percent?

You cannot, even in a good economy. Today you might make 5 percent per year. In the good times, you might make 20 percent per year. But, never, 30 percent per month.


What different kinks of services do banks offer the public today and What services do their closet competitors offer?

Legally in the US a bank is defined as a company that offers both deposit and loan products. There are loan companies that do not offer deposit products. There are brokers and insurance companies that will take deposits and pay interest.


What equity loan rates can I expect in today's market?

Current 30 year mortgage rates are up to 5.08% as of April 1, 2010. The average 15 year mortgage interest rate increased to 4.39 percent, up from the previous week’s average interest rate of 4.39 percent.


11 Leggio Corporation issued 20-year 7 annual coupon bonds at their par value of 1000 one year ago Today the market interest rate on these bonds has dropped to 6 What is the new price of the bonds giv?

1,111.50 (Annual coupon)