1,400
20.59%
2857.1429
After 5 years, 20000 at 7% per annum compounded semiannually will be 20000*(1 + 0.5*7/100)2*5 = 20000*(1.035)10 = 28211.98
Percent means "out of 100." Thus, 7/100 x 20000 = 1400
0.5 as a precent?
20000 + 2000 + 900 + 80 + 7 = 22987
It is 80000000 + 3000000 + 20000 + 3000 + 7.
1/10 as a precent
20000 - 2014 was released on: USA: 7 November 2014
Year Amount Disc Rate Present Value 1 20000 1.0700 18692 2 20000 1.1449 17469 3 20000 1.2250 16326 4 20000 1.3108 15258 5 20000 1.4026 14260 6 20000 1.5007 13327 7 20000 1.6058 12455 8 20000 1.7182 11640 9 20000 1.8385 10879 10 20000 1.9672 10167 Total PV 140472
7
It is 20000*(1.07)^60 = 1158928.54