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What is the formula to calculate 1000 invested at 8 percent for 5 years?
Updated: 9/21/2023
Wiki User
∙ 11y agoBest Answer
Assuming interest is compounded annually,
1000*(1.08)5
Wiki User
∙ 11y agoThis answer is:
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Calculate the future value of 150 if invested for three years at a 9 percent interest rate?
Value = 150*(1.09)3 = 150*1.295 = 194.25
Interest rate is 5 percent and doubling time is 14.2 years If you have invested 7000.00 In how many years will you have 14000.00?
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How much would 500 invested at 9 percent interest compounded continuously be worth after 4 years?
$716.66 The formula is Principal times e to the rate times time power. Future Value = PeYr
What is the future value for 10000 invested for 5 years with an annual interest rate of 8 percent?
$14,693.28
How much would 250 invested at 10 percent interest compounded continuously be after 8 years?
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Calculate the future value of 150 if invested for three years at a 9 percent interest rate?
Value = 150*(1.09)3 = 150*1.295 = 194.25
What is the simple interest if 300 dollars is invested at 8 percent for 3 years?
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Olivers grandfather invested 150 at 5 percent interest compounded quarterly When Oliver inherited it the amount was 6000 For how many years had the 150 been invested?
74 or 75 years
How much would 500 invested at 7 percent compounded annually be worth after 5 years?
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What is the future value if 3400 is invested for 5 years at 8 percent compounded quarterly?
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How much interest will 20000 earn in two years if invested at 6 percent compounded semiannually?
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How much would 150 invested at 8 percent compounded annually be worth after 13 years?
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