0
Still curious? Ask our experts.
Chat with our AI personalities
FranI've made my fair share of mistakes, and if I can help you avoid a few, I'd sure like to try.
Chat with Fran
CoachSuccess isn't just about winning—it's about vision, patience, and playing the long game.
Chat with Coach
TaigaEvery great hero faces trials, and you—yes, YOU—are no exception!
Chat with TaigaAdd your answer:
Earn +20 ptsQ: What is the present value of 2000 discounted back three years if the interest rate is 8 percent compounded monthly?
Write your answer...
Submit
Still have questions?
Continue Learning about Algebra
5 percent interest compounded annually means percent paid every?
year
What is the compound interest on 750000 pesos borrowed at 2.50 percent interest per year for 1 year if the interest is compounded quarterly?
Since the annual interest rate is given, the fact that the interest is calculated and compounded quarterly is not relevant. The interest is 750000*2.5/100 = 18750 pesos.
How much interest will 20000 earn in two years if invested at 6 percent compounded semiannually?
$5,249.54
How much would 500 invested at 7 percent compounded annually be worth after 5 years?
500 invested for 5 years at 7% interest compounded annually becomes 701.28
How much would 300 invested at 7 percent interest compounded continuously be worth after 4 years?
396.93
Trending Questions
You know base and angles how do I find height of isosceles triangle?
If the diameter of a wheel is one yard then its radius is how many inches?
How many degrees is equivalent to one sixth of a rotation?
A sporting goods store manager ordered twice as many pairs of basketball shoes as tennis shoes He ordered 96 in all How many pairs of each did he order?
What is the volume of a right rectangular prism that is 3 meters by 4.5 metters by 6 meters?
Find the area of the largest square incribed in a circle?
What is 11 over 9 in mixed numbers?
Write the numeral 0.0072 in scientific notation?
What is the difference between the polynomial and multinomial?
Is this equation linear or nonlinear y0?
How many ways can the letters of the word meddles be arranged?
What is the volume in ml of a cube measuring 5cm on each side?
How is a triangle and a parallelogram related?
What number can you get that is multiplied and it equals 68?
How do you write a unit rate of a ratio?
Is a circle symmetric with respect to x-axis on a graph?
How many questions can you get miss out of a 200 question test for an A?
What is the difference between debugging and programming?
How do you state domain and range?
What is the slope of a line parallel to a line with slope -2?
Copyright ©2025 Infospace Holdings LLC, A System1 Company. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Answers.