answersLogoWhite

0


Best Answer

the future value of $5,000 in a bank account for 10 years at 5 percent compounded bimonthly?

User Avatar

Wiki User

11y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is the future value of 4000 for 5 years at 4 percent compounded bimonthly?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

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

Compounded annually: 2552.56 Compounded monthly: 2566.72


What is the future value if 3400 is invested for 5 years at 8 percent compounded quarterly?

$5,052.22


What is the future value of a 5-year 500 CD compounded quarterly at 1.79 percent?

It is 712.97


What is the future value of 1200 after 5 years if the appropriate interest rate is 6 percent compounded monthly?

1862


Find the future value of 5200 at 7 34 percent compounded quarterly for 7 12 years Ignore leap years?

7-3/4 percent compounded quarterly = 1.9375 percent paid each period. 7-1/2 years = 30 periods The future value of $1 = (1.019375)30 = $1.77836 (rounded) The future value of $5,200 = (5,200 x 1.77836) = $9,247.46


The future value of a 1000 investment today at 8 percent annual interest compounded semiannually for 5 years is?

$1480.24


What is the future value of 5800 invested for 30 years at 11.75 percent compounded annually?

Wow! Where can we get some of that 11.75% ?!?The future value is 5,800 x (1.1175)30 = 162,500.22 (rounded)


What is the future value of 100 a year for 10 years earning 4 percent interest?

Assuming the interest is compounded annually, the future value is 100*(1.04)10 = 100*1.4802 (approx) = 148.02


What is the future value on an ordinary annuity of 12000 dollars per year for three years at 9 percent interest compounded annually?

39,337.20


8000 invested for 7 years at 8 percent compounded annually?

Assuming interest is added at the end of the year, the future value is 13,710.59


What is the future value of 1000 dollars in 4 years at interest rate of 5 percent compounded semiannually?

1000 x (1.025)8 which is $1218.40.


Determine the future value of an annuity into which quarterly deposits of 450 are made for 9 years if the annuity pays 10 percent compounded quarterly?

138645