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Q: How much would 100 invested at 8 percent interest compounded continously be worth after 15 years Round your answer to the nearest cent?
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How much would 140 invested at 6 percent interest compounded annually be worth after 15 years Round your answer to the nearest cent?

How much would $500 invested at 9% interest compounded annually be worth after 4 years? 705.79


What would be the amount of compound interest on 8000 invested for one year at 6 percent compounded quarterly round your answer to the nearest dollar?

$491


How much would 300 invested at 7 percent interest compounded continuously be worth after 4 years round youre answer to the nearest cent?

£374.51


How much would 500 invested at 4 percent interest compounded monthly be worth after 5 years. round your answer to the nearest cent do not include units in your answer?

610.5


How much would 100 invested at 9 percent interest compounded monthly be worth after 7 years. Round your answer to the nearest cent Do not include units in your answer?

187.32


How much would 500 invested at 6 percent interest compounded annually be worth after 12 years. Round your answer to the nearest cent Do not include units in your answer?

1006.10


How much would 500 invested at 5 percent interest compounded annually be worth after 10 years. round your answer to nearest cent do not include units in your answer?

814.45


What is the interest earned on 3180 if it is invested at 6.5 percent for 3ยฝ years rounded to the nearest dollar?

If compounded and assuming the amount was 3180 dollars, it would be 784 dollars.


What is the effective rate of 18600 invested for one years at 7.5 compounded semiannually round your answer to the nearest hundredth?

The rate is 15.56%. The amount invested is irrelevant in this calculation.


If 20000 is invested in a savings account offering 3.5 per year compounded continuously how fast is the balance growing after 7 years (Round your answer to the nearest cent.)?

With compound interest - the balance after 7 years would be 26336.18


How much would 300 invested at 4 percent interest compounded monthly be worth after 8 years round to the nearest cent.?

At 4% annual interest compounded monthly, it's 96 periods of 1/3% each.300 x (1.00333...)96 = 412.92 (rounded)


How much would 500 invested at 9 percent compounded annually be worth after 4 years Round your answer to the nearest cent Do not include units in your answer?

705.79


How much would 125 invested at 8 percent interest compounded annually be worth after 14 years Round your answer to the nearest cent Do not include units in your answer?

125 x (1.08)^14 = 367.15 If 125 is in cents, then to the nearest cent it is 367 If 125 is in dollars, then to the nearest cent it is as above, namely 367.15


What is Principal of 4100 is invested 3.75 interest compounded annually. How much will the investment be worth after 6 years Use the calculator provided and round your answer to the nearest dollar.?

Inserting values into the formula for compound interest, you get:4100 * (1 + 3.75/100) to the power 6.


How much would 300 invested at 7 interest compounded continuously be worth after 4 years Round your answer to the nearest cent. Do not include units in your answer.?

7% compound interest means that the amount of money increases, every year, by a factor of 1.07. After 4 years, you have 300 x 1.07^4.


What is the simple interest paid on 3000 pounds at 3.5 percent yearly after 5 years and how much if the interest was compounded showing work for both answers?

Simple interest of £3000 over 5 years: 3000*0.035*5 = £525 Compounded interest of £3000 over 5 years: 3000*(1.035)^5 -3000 = £563.06 rounded to the nearest penny


How much money will 500 dollars accumulate over 20 years at 5 percent interest?

That depends on whether you are getting 5% simple interest, or compound interest, and how often it is compounded. Simple interest is very easy to calculate; you just multiply. $500 at 5% earns 5% of $500 every year, which is $25, so in 20 years the interest earned is 20 x $25 or $500, for a total of $1,000. But if you put the money in a savings account in a bank, you get compound interest. It can be compounded annually, semi-annually, quarterly, monthly, or daily. The more often it is compounded, the more you earn. Nowadays you can get daily interest, but that is kind of complicated because it depends on whether you figure the interest for every single day, 365 days a year and 366 in a leap year, or the traditional banking custom of 360 days a year. For example, if you compound annually, every year your balance is multiplied by 1.05, so after 20 years you would have 500 x 1.0520, which is $1.326.65 to the nearest cent.


How much would 100 invested at 8 percent interest compounded monthly be worth after 6 years Round your answer to the nearest cent Do not include units in your answer?

Unless I miss my guess, this certainly sounds like a test question or a homework assignment to me. If that's true, then it has no place here. This site doesn't do your homework for you. That would be mean and cruel,. since it would steal a chance to learn something from you.


How much would 500 dollars invested at 7 percent compounded annually be worth after 4 years round your answer to the nearest cent Do not include units in your answer?

value = Amount × (1 + APR/100)^years → value = 500 × (1 + 7/100)^4 = 500 × 1.07^4 ≈ 655.40


What is 15000 compounded annually at 4 percent for 15 years?

Rounded to the nearest cent, $15000 x 1.0415 = $27014.15


120000 invested for 10 years at 4 percent compounded annually?

First include a unit of currency. I will use pounds, but if the answer is in dollars, simply replace the sign at the front of this sum to a dollar sign. The sum you are looking for is: £120000 x 1.0410 Rounded to the nearest penny (or cent, as appropriate), this is equal to £177629.31.


How much would 120 invested at 6 percent interest compounded monthly be worth after 21 years Round your answer to the nearest cent?

120 x (1.0621). You need a calculator with logarithms to solve this quickly. Take the log of 1.06, multiply that by 21 then take the antilog. The answer should be close to 3.4 I have 3.995636 which would give 407.95 to the nearest cent. Later: Sorry, this is based on annual compounding. For monthly the equation is 120 x (1.005252). You're on your own, I'm afraid! * * * * * The second part of the above answer is correct if this is purely a mathematical exercise. However, 6% compounded monthly is an annual interest rate of approx 101.2%. If you know anyone who gives even a tenth of that rate I would be interested to know! What happens, in real life, is that the financial company advertises the annual equivalent rate of their monthly rate. So, a 6% rate, compounded monthly, is really 0.487% monthly. This is because 0.487% compounded 12 times is 1.0048712 = 1.06, or 6% per annum. Then the real life problem reduces to 6% per annum for 21 years, which is 120*(1.06)21 = 407.95 - as in part 1 of the above answer. * * * * * The last paragraph above is incorrect. As was stated in the first answer, that would be for annual compounding. To calculate 6% per annum (which is what we usually mean by interest rates) compounded monthly, you first convert the interest rate to a monthly rate by dividing by 12, and that of course is half a percent per month, so every month the balance is multiplied by 1.005. So the answer of 120 x (1.005252) given there is correct. On the scientific calculator on my computer, I get $421.72.


What is 150 if invested for three years at 9 percent interest rate?

Assuming that this rate is for compound interest per year, then the formula for working out the rate is 150 x (1.09 ^ 3). Assuming this rate is in pounds, rounded to two decimal places, rounded to the nearest penny this is equal to £194.25. If this rate is in dollars, merely replace the pound sign with a dollar sign.


What is the present value of 12500 to be received 10 years from today Assume a discount rate of 8 percent compounded annually and round to the nearest 10?

$5,790


What is the interest that a 510 deposit will earn in 3 months at 4.25 percent simple interest rounded to the nearest cent?

(5.1 x 4.25)/4 = 5.42

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