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Invests 2500 at 3.5 percent annual compouned monthly how much money will she have after 4 years?
Wiki User
∙ 13y ago
Total (compound interest) = principal x (rate+ 1)^time, so plug in. 2500 x (1.035)^48 = 13033.9725. You can round this to 13,033.97
Wiki User
∙ 13y ago
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22.8 or 22.80
If Dexter pays a monthly interest rate of 1.9 percent what is his annual percent rate?
22.8 or 22.80
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Which yields more 8 percent apr compounded monthly or 8.5 percent compounded semi-annual?
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How long will it take Mr Books to earn 675 in interest if he invests 4500 at an annual rate of 5 percent?
Assuming the interest is NOT compound - 3 years !
What is the monthly interest rate if the annual interest rate on a credit card is 21 percent?
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