0
What is Principal of 4100 is invested 3.75 interest compounded annually. How much will the investment be worth after 6 years Use the calculator provided and round your answer to the nearest dollar.?
Wiki User
∙ 6y ago
Inserting values into the formula for compound interest, you get:4100 * (1 + 3.75/100) to the power 6.
Wiki User
∙ 6y ago
Wiki User
∙ 6y agoNo calculator has been provided.
Add your answer:
Earn +20 pts
How many times interest be added to the principal in one year if the interest is compounded semi-annually?
twoo '
What is the effective annual return for an investment that pays 10 percent compounded annually?
It might just be 10%.
What rate of interest compounded annually is required to double an investment in 21 years?
(2)1/21 = 1.03356 (rounded)That's an annual interest of 3.356 percent.Let's try it:(1.03356)21 = 2.00009 on my calculator, which is pretty close.
How much interest is earned for the investment for 20000 for 2 years at 6 percent compounded annually?
Total value = 20000*(1.06)2 = 22472 So interest = 2472
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
Which is the better investment 8.5 percent compounded monthly or 9.1 percent compounded annually?
Answer: 9.1% At 8.5% principal grows by (1+(.085/12))^12 = 1.0884 times in one year which is less than investing at 9.1%.
How many times interest be added to the principal in one year if the interest is compounded annually?
"Compounded annually" means that the interest is added once a year.
What is the principal if the Interest earned is 27.00 for 2 years at 1.5?
Assuming that 1.5 refers to 1.5% and that the interest is compounded annually, the principal is 893.30
How many times interest be added to the principal in one year if the interest is compounded semi annually?
Twice
How many times interest be added to the principal in one year if the interest is compounded semi-annually?
twoo '
How many times will interest be added to the principal in 1 year if the interest rate is compounded annually?
Once.
What is the effective annual return for an investment that pays 10 percent compounded annually?
It might just be 10%.
What is For an investment of 20 000 at 7.2a compounded semi-annually for 7 years what is the final amount.?
It is 52936.72
How long does an investment earning 9 percent take to double in value?
8.0432 years (rounded) if compounded annually.
What rate of interest compounded annually is required to double an investment in 21 years?
(2)1/21 = 1.03356 (rounded)That's an annual interest of 3.356 percent.Let's try it:(1.03356)21 = 2.00009 on my calculator, which is pretty close.
How many times will interest be added to the principal in 1 year if the interest is compounded annually?
1 for me Ap#x
How much interest is earned for the investment 20 000 for 2 years at 6 percent compounded annually?
Interest = 2472
