225,530.30
Continuous interest formula, A = Pe(rt) Substituting the figures given, A = 85000e(0.05 x 5) = 85000e0.25 = 85000 x 1.284025 = 109142.16
7 per cent each quarter is equivalent to 31.08% over one year. At that rate 300 dollars would be worth 393.24 dollars.
$125 times (1.08)14 = $367.15 (rounded)
1000 x (1.01)12 = $1126.83
It will be worth 457.96
Continuous interest formula, A = Pe(rt) Substituting the figures given, A = 85000e(0.05 x 5) = 85000e0.25 = 85000 x 1.284025 = 109142.16
$280.51
If the interest is compounded annually, then the first interest payment isn't added until the end of the first year. Until then, the investment is worth exactly $15,000.00 .
7 per cent each quarter is equivalent to 31.08% over one year. At that rate 300 dollars would be worth 393.24 dollars.
If 1500 dollars is invested at an interest rate of 3.5 percent per year compounded continuously, after 3 years it's worth $1666.07, after 6 years it's $1850.52, and after 18 years it's worth $2816.42.
19035 by simple interest
$125 times (1.08)14 = $367.15 (rounded)
1000 x (1.01)12 = $1126.83
10 percent.
If the rate is 6 percent per year, then compounding daily will make no difference. If the rate is 6% per day, then 2000 dollars will be worth approx 1.0042*10^68 dollars. That is approx one hundred million trillion trillion trillion trillion trillion dollars.
Interest = Principal x Rate x Time (years) = $1000000 x 0.05 x 75 = $3750000 $3750000 + $1000000 = $4750000 Answer: $1M will be $4.75M at 5% interest after 75 years
1/10th of 1 percent