answersLogoWhite

0


Best Answer

If interest is 2.75% per annum and is compounded quarterly, then an

initial investment of $2,000 will amount to $2,630.58after 10 years.

User Avatar

Wiki User

12y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: How much will you save after ten years if you save two thousand dollars and the bank offers a quarterly of 2.75 percent?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Math & Arithmetic

If a toy store offers an additional 25 percent discount on board games that have already been reduced by 30 percent will the final cost be the same as a discount of 55 percent on the original price?

no because you don't add the percents together


What some ways that unit-rate are useful?

Unit rates are great for comparisons. For example: you want to buy some item - say, noodles - and you see two offers: (a) 2 kilograms for 10 dollars, and (b) 5 kilograms for 23 dollars. To compare which offer is more favorable, divide the number of dollars by the amount (in kilograms) for both; that gives you the price per kilogram. While there are exceptions, it is usually better to buy the item that costs less dollars per kilogram.


What is the Banker's mathematic formula for calculating money offers on Deal or No Deal?

The answer is quite simple first he adds the sum of the money for example if there are 3 prices left like 50, 25 and 100 then you add them and divide by 3(3 because there are three prices left) Then he adds 10,100, or 1,000 dollars depends what the deal is. basically he just finds the mean and adds 10, 100, or 1,000 dollars


Who pays 400 dollars the hour?

If anybody offers to pay that much, be very, very careful. It may very well be a scam. Especially, don't give any advance payments - many scams are based on this.If anybody offers to pay that much, be very, very careful. It may very well be a scam. Especially, don't give any advance payments - many scams are based on this.If anybody offers to pay that much, be very, very careful. It may very well be a scam. Especially, don't give any advance payments - many scams are based on this.If anybody offers to pay that much, be very, very careful. It may very well be a scam. Especially, don't give any advance payments - many scams are based on this.


How are percentages used in real life?

in offers

Related questions

Where can one purchase RAE Gas Detection Systems?

Google Shopping offers RAE Gas Detection Systems starting at four hundred dollars, and they actually range all the way up to two thousand dollars. Google Shopping is a hundred percent trusted site.


You deposit 10 dollars per month in a bank that offers an annual interest rate of 6 percent at the end of three years your balance is what?

404.95


How. A cafe offers senior citizens a 15 percent discount off its regular price of 8 dollars and 95 cents for the dinner buffet a. What percent of the regular price is the price for senior c?

85%


You deposit 250 in a bank account that offers compound interest at a rate of 5 compounding quarterly. At the end of five years your balance is?

320.51 A+


What airline offers the cheapest flights to Maui from Houston Texas?

The cheapest flight from Houston, Texas to Maui, Hawaii is offered by US Airways. US Airways offers a flight for just over one thousand dollars. However, the earlier the flight is booked, the cheaper the flight is.


How much is the monthly charge to have a medical alert device?

It depends on the service provider, but for an example, Seniorsafety.com offers services for $24.95 per month paid quarterly


A car dealer offers 5 percent off the invoice price of a new car customer buys a car with an invoice price of 24500 how many dollars does the customer save?

The customer saves $1,225.00


What types of grants does the Ford Foundation offer?

The Ford Foundation offers grants for a wide range of categories. The categories include, individual, planning, project, competition, matching, recoverable, and endowment. The grant range from a few thousand to millions of dollars.


Who offers the best value?

Comcast offers a great deal on a cable and internet bundle. They offer both for about sixty dollars.


Polyvore offers a red leather jacket for how much?

Polyvore offers many red leather jackets. The cheapest jacket is for the price of 29 Canadian dollars. The most expensive red jacket is for 5,475 Canadian dollars.


Where can one obtain matching luggage sets?

Sears offers up to sixty percent off of luggage sets. One could check in stores or online. Prices start at only forty eight dollars for a two piece set.


What are some top current account mortgage rates?

The following are some top current account mortgage rates; Woolwich has a fixed rate of 2.09 percent, Natwest offers fixed rate of 1.74 percent, and RBS offers 1.74 percent fixed rate annually.