0
How much would 1000000.00 be worth at 5 percent interest after 28 days?
Wiki User
∙ 14y ago
5% interest means 5% for 1 year.
1 year = 365 days
28 days = (28 / 365) year
On $1,000,000, that amounts to (1,000,000 x 0.05 x 28/365) = $3,835.62 So when you go back to drain your account in 28 days, your $million is worth $1,003,835.62
Wiki User
∙ 14y ago
Add your answer:
Earn +20 pts
How much would 400 invested at 7 percent interest compounded continuously be worth after 2 years?
It will be worth 457.96
How much would 125 invested at 8 percent annual interest compounded continuously be worth after 16 years?
It would be worth 428.24 if the interest was added on once each year. If the interest were to be compounded monthly rather than annually the value would be 447.67
How much would 200 invested at 6 percent interest compounded annually be worth after?
Period not specified. After 1 year it will be worth 212.
How much would 500 invested at 6 percent interest compounded annually be worth after 4 years?
It would be worth 500*(1 + 06*4) = 620
How much would 250 invested at 10 percent interest compounded continuously be worth after 8 years?
556.34
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.
How much would 400 invested at 7 percent interest compounded continuously be worth after 2 years?
It will be worth 457.96
How much would 100 invested at 10 percent interest compounded continuously be worth after 15 years?
It will be worth 417.72, approx.
What would 100000000 dollars in 1913 be worth today?
About 22 times that amount.
How much would 125 invested at 8 percent annual interest compounded continuously be worth after 16 years?
It would be worth 428.24 if the interest was added on once each year. If the interest were to be compounded monthly rather than annually the value would be 447.67
How much would 200 invested at 6 percent interest compounded annually be worth after?
Period not specified. After 1 year it will be worth 212.
How much would 500 invested at 6 percent interest compounded annually be worth after 4 years?
It would be worth 500*(1 + 06*4) = 620
How much would 200 invested at 6 percent interest compounded annually be worth after 5 years?
267.65
How much would 400 invested at 9 percent interest compounded continuously be worth after 3 years?
523.97
How much would 500 invested at 8 percent interest compounded continuously be worth after 3 years?
635.61
How much would 500 invested at 6 percent interest compounded monthly be worth after 4 years?
635.24
How much would 200 invested at 5 percent interest compounded monthly be worth after 9 years?
313.37
