answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: Jenny borrowed 500 for five years at 4 percent interest compounded annually what is the total aoue will have paid wen she pays off the loan?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

5 percent interest compounded annually means percent paid every?

year


What is the monthly interest rate of and annual 10 percent rate?

It is 0.833... recurring % if the interest is simple, or compounded annually. If compounded monthly, it is approx 0.797 %


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

$194.25 if interest is compounded annually. A little more if compounded quarterly, monthly, or daily.


Future value of 2000 in 5 years at interest rate of 5 percent?

Compounded annually: 2552.56 Compounded monthly: 2566.72


What is 350 in 6 percent interest in four years?

It depends on when it's compounded. Left alone and compounded annually, the total is 441.87.


What is compound interest on 15000 at 6 percent compounded annually for 2 years?

1257


How much interest is earned for the investment 20 000 for 2 years at 6 percent compounded annually?

Interest = 2472


What is the monthly interest rate of 18 percent annually?

With simple interest, it is 1.5% per month. If compounded, it is 1.389% approx.


How much would 500 invested at 7 percent compounded annually be worth after 5 years?

500 invested for 5 years at 7% interest compounded annually becomes 701.28


What is 20000 in 20 years with 7 percent interest compounded annually?

It is approx 77393.69 units of currency.


What is 5000 compounded annually at 4 percent for 5 years?

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


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