0
If 6700 is invested at 4.6 interest compounded semiannually how much will the investment be worth in 15 years?
Wiki User
∙ 6y agoWant this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
How much interest will 10000 earn in 18 months if invested at 8 percent compounded semiannually?
1200
A sum of money invested at 4 percent interest compounded semiannually will double in amount in aprproximately how many years?
I haven't gotten the answer to that test question either....the choices seem wrong
How much will 20k earn in 5 yrs if invested at 10 percent compounded semiannually?
If every six months the capital earn 10% interest which is compounded, at the end of 5 years, the interest will be 31875. If the annual interest rate is 10%, it makes no difference how often it is compounded. The six monthly interest rate is adjusted - to 4.88% rather than 5% - so that the total interest for a year is 10%.
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.
What is the effective rate of 18600 invested for one year at 7 and one half percent compounded semiannually?
The annual equivalent rate is 15.5625%. The amount invested is irrelevant to calculation of the equivalent rate.
How much interest will 20000 earn in two years if invested at 6 percent compounded semiannually?
$5,249.54
How much interest will 10000 earn in 18 months if invested at 8 percent compounded semiannually?
1200
Future value of 600 for invested for 5 years at 8 percent interest compounded semiannually?
The future value of $600 invested for 5 years at an 8% interest rate compounded semiannually can be calculated using the formula FV = P(1 + r/n)^(nt), where FV is the future value, P is the principal amount, r is the interest rate, n is the number of times the interest is compounded per year, and t is the number of years. In this case, P = $600, r = 8% = 0.08, n = 2 (since interest is compounded semiannually), and t = 5. Plugging these values into the formula, we get FV = 600(1 + 0.08/2)^(2*5) = $925.12. Therefore, the future value of the investment after 5 years would be $925.12.
What would be the amount of compound interest on 8000 invested for two years at 12 percent compounded semiannually?
Semiannually over two years is equivalent to 4 periods. If the interest is 12% every 6 months, then the amount of interest is It is 8000*[(1.12)4 -1] =4588.15
A sum of money invested at 4 percent interest compounded semiannually will double in amount in aprproximately how many years?
I haven't gotten the answer to that test question either....the choices seem wrong
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.
How much will 20k earn in 5 yrs if invested at 10 percent compounded semiannually?
If every six months the capital earn 10% interest which is compounded, at the end of 5 years, the interest will be 31875. If the annual interest rate is 10%, it makes no difference how often it is compounded. The six monthly interest rate is adjusted - to 4.88% rather than 5% - so that the total interest for a year is 10%.
How much would 15000 dollars invested at 8 percent interest compounded annually be worth after 6 months?
If the interest is compounded annually, then the first interest payment isn't added until the end of the first year. Until then, the investment is worth exactly $15,000.00 .
How do you work out interest accrued on spreadsheet for compound interest?
SupposeCapital invested = YAnnual Interest Rate = R%Period of investment = TThen if the interest is calculated (and compounded) n times a yeartotal value =Y*[1 + r/(100*n)]^(n*T)So interest accrued = Total value - YSupposeCapital invested = YAnnual Interest Rate = R%Period of investment = TThen if the interest is calculated (and compounded) n times a yeartotal value =Y*[1 + r/(100*n)]^(n*T)So interest accrued = Total value - YSupposeCapital invested = YAnnual Interest Rate = R%Period of investment = TThen if the interest is calculated (and compounded) n times a yeartotal value =Y*[1 + r/(100*n)]^(n*T)So interest accrued = Total value - YSupposeCapital invested = YAnnual Interest Rate = R%Period of investment = TThen if the interest is calculated (and compounded) n times a yeartotal value =Y*[1 + r/(100*n)]^(n*T)So interest accrued = Total value - Y
What is the effective rate of 18600 invested for one year at 7 and one half percent compounded semiannually?
The annual equivalent rate is 15.5625%. The amount invested is irrelevant to calculation of the equivalent rate.
If $190 is invested at an interest rate of 11% per year and is compounded continuously, how much will the investment be worth in 4 years Use the continuous compound interest formula: A = Pert?
10001/999900
How much would 500 invested at 9 interest compounded annually be worth after 4 years?
Left alone, that investment would be worth 705.79 after four years.
