75 x 7 x 2 = 1050
$2400
750 invested for 10 years at 10% pa would be 1,945
Total value = 20000*(1.06)2 = 22472 So interest = 2472
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.
396.93
$2400
You would get 4200 Dollars if you go by that.
3000
Interest = 2472
$44,440.71
your mom would never get that much...
If the interest is simple interest, then the value at the end of 5 years is 1.3 times the initial investment. If the interest is compounded annually, then the value at the end of 5 years is 1.3382 times the initial investment. If the interest is compounded monthly, then the value at the end of 5 years is 1.3489 times the initial investment.
320
750 invested for 10 years at 10% pa would be 1,945
It depends how the interest is calculated. If it's compounded, your initial 500 investment would be worth 638.15 after 5 years.
11 years
350*0.025*5 = 43.75