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800 dollars invested at an annually compounded interest rate of 6 percent will be worth how much at the end of 10 years?
Wiki User
∙ 11y ago
The equation is P=C(1+r)^t; where C is the money invested, r is the rate(change from percent to decimal form), and t is the time.
So plug in the numbers to get: P=800(1+.06)^10
The answer is 1432.678, I would round it to $1432.68
Wiki User
∙ 11y ago
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If 1500 dollars is invested at an interest rate of 3 point 5 percent per year compounded continuously find the value of the investment after 3 6 and 18 years.?
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.
120000 invested for 10 years at 4 percent compounded annually?
First include a unit of currency. I will use pounds, but if the answer is in dollars, simply replace the sign at the front of this sum to a dollar sign. The sum you are looking for is: £120000 x 1.0410 Rounded to the nearest penny (or cent, as appropriate), this is equal to £177629.31.
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$10,000 times (1.1)3 = $13,310
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1000 x (1.025)8 which is $1218.40.
You want to invest annualy for 30 years and earn interest for an additional 5 years to end up with 2000000 dollars at the end of 35 years so what is your annual payment?
That completely depends on what rate of interest you can expect your investment to earn, and how often you can expect the investment interest to be compounded. The assumed rate of interest has more effect on the final value than even the annual payment has, yet the question ignores it completely.
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$280.51
How much would 15000 dollars invested at 8 percent interest compounded annually be worth after 6 months?
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 .
How much would 125 dollars invested at 8 percent interest compounded annually be worth after 14 years?
$125 times (1.08)14 = $367.15 (rounded)
If 4000 dollars is invested in a bank account at an interest rate of 6 per cent per year what will be the amount after 10 year if interest is compounded annually?
4000 x (1.0610) = $7163.39
How much money has to be invested at 4.3 percent interest compounded continuously to have 19000 dollars after 16 years?
You would need 9687 dollars.
How long will it take 16 dollars to grow to 81dollars with 50 percent interest compounded annually?
4 years exactly.
What is the future value of 100000 dollars with 20 percent interest in 10 years?
Simple interest compounded annually and reinvested will yield 619173.64 before taxes.
What is the interest earned on 3180 if it is invested at 6.5 percent for 3½ years rounded to the nearest dollar?
If compounded and assuming the amount was 3180 dollars, it would be 784 dollars.
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
If 1500 dollars is invested at an interest rate of 3 point 5 percent per year compounded continuously find the value of the investment after 3 6 and 18 years.?
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.
How much would 100 dollars saved at 5 percent interest compounded annually amount to after four years?
100 x (1.05)4 = $121.55
One thousand dollars is invested at 12 percent interest compounded monthly determine how much the investment is worth after 1 year?
1000 x (1.01)12 = $1126.83
