With compounded interest, it would be 100*(1 + 11/100)10 = 283.94
What is the future value of $1,200 a year for 40 years at 8 percent interest? Assume annual compounding.
102102.52
T = 3yrs
It depends on whether the 4% interest is per annum or for 8 years altogether. Also, you have to see if it is a simple interest or compounded interest.
what is the percentage of 3.5 of 100.000
10 years. Compound interest would take 7 years.
In two years, the value of 10,000 dollars with 3.78 interest would be 10,770.29 dollars. An increase 770.29 dollars would be realized.
What is the future value of $1,200 a year for 40 years at 8 percent interest? Assume annual compounding.
If you're simply adding five percent onto the value at the end of each of the three years - the final value would be 578.8125
Using the formula P x [ 1 plus r x t],where 'P' is the principal or 100 , 'r 'is the rate or 11 percent, and 't' is the time or 10 years, the value would be 210 dollars. This formula is for simple interest.
102102.52
T = 3yrs
$1000 compounded at 10% annually over 86 years would be almost $4,000,000.
It depends on whether the 4% interest is per annum or for 8 years altogether. Also, you have to see if it is a simple interest or compounded interest.
200000000 dollars
what is the percentage of 3.5 of 100.000
Future value= 25000*(1.08)10 =53973.12