Compounded annually, that's 14,624.31
your mom would never get that much...
2532
1050*5/100
If you invest $1,000 today in a security paying 8 percent compounded quarterly, how much will the investment be worth seven years from today?
You would have approximately 200 thousand dollars or more.Assuming, the money is compounded every year, the amount at the end of 40 years would be $220,975.12/-
Invest at an amount of 200000 at a bank that offers an interest rate of 7,6%p.a Compounded annually for a period of 3 years
Your aunt is planning to invest in a bank CD that will pay 8.00 percent interest semi-annually. If she has $13,000 to invest, how much will she have at the end of four years?
Interest rate is 9 % and doubling time is 8 years. If you invest $5,000.00, what will it grow to in 24 years?
You will have $11576.25
6084
your mom would never get that much...
$120,000
You need to invest 42027.98
2532
Rs 3205954
Compound interest, no tax, annual interest rates? If so - Sum after the first 5 years - (1000 x (1.15)) Sum after the next 12 years - (proceeds from the 5 year investment x (1.1512))
One year.