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What is 7 percent of 300 dollars compounded quarterly at annual interest rate?
Wiki User
∙ 12y ago
7 per cent each quarter is equivalent to 31.08% over one year. At that rate 300 dollars would be worth 393.24 dollars.
Wiki User
∙ 8y ago
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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.
How much will you save after ten years if you save two thousand dollars and the bank offers a quarterly of 2.75 percent?
If interest is 2.75% per annum and is compounded quarterly, then aninitial investment of $2,000 will amount to $2,630.58after 10 years.
What is the future value of Rs1.00 invested for 10 years if 12 percent annual rate of interest is compounded quarterly?
1 x (1.03)40 = 3.26
7100 at 5 percent compounded quarterly for 10 year?
Roughly 11,669.70
How much money has to be invested at 4.3 percent interest compounded continuously to have 19000 dollars after 16 years?
You would need 9687 dollars.
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.
What is the compound interest on 750000 pesos borrowed at 2.50 percent interest per year for 1 year if the interest is compounded quarterly?
Since the annual interest rate is given, the fact that the interest is calculated and compounded quarterly is not relevant. The interest is 750000*2.5/100 = 18750 pesos.
After 6 years what is the total amount of a compound interest investment of 35000 at 4 percent interest compounded quarterly?
$44,440.71
How much will you save after ten years if you save two thousand dollars and the bank offers a quarterly of 2.75 percent?
If interest is 2.75% per annum and is compounded quarterly, then aninitial investment of $2,000 will amount to $2,630.58after 10 years.
What would be the ending balance of a 700 savings account earning 8 percent interest compounded quarterly after 3 years?
8 percent compounded quarterly is equivalent to approx 36% annually. At that rate, after 3 years the ending balance would be 1762.72 approx.
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
What will 10000 be worth in 30 years at 5 percent?
compounded annually--$43,219 compounded quarterly--$44,402 compounded monthly-- $44,677 compounded daily--$44,812
What is the future value of Rs1.00 invested for 10 years if 12 percent annual rate of interest is compounded quarterly?
1 x (1.03)40 = 3.26
How much money would you have if you put 100 in the bank for a year at 2 percent?
That depends whether the bank is giving you simple interest or compound interset and if it is compound interest is it compounded daily, monthly, quarterly, halfyearly and so on. Assuming it is simple interest, at the end of the year will have 100 + 2 = 102 dollars.
How long does it take to get 40.00 on 8 percent interest with 2.00?
That depends on how the interest works.Is it simple interest ? Is it compound interest ?If compound, then how often is it compounded ?8% simple interest turns $2 into $40 in 237.5 years .8% compound interest, compounded quarterly, does the job in 37.8 years .As you can see, it makes quite a difference.
7100 at 5 percent compounded quarterly for 10 year?
Roughly 11,669.70
How much money has to be invested at 4.3 percent interest compounded continuously to have 19000 dollars after 16 years?
You would need 9687 dollars.
