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What is 2000 is compounded quarterly at a rate of 8 percent for 5 years?
The answer will depend on whether the 8% refers to a quarterly rate or an annual equivalent rate.5 years = 5*4 = 20 quarters.At a quarterly rate, it is 2000*(1.08)20?= 9321.66 approx.At an annual equivalent rate of 8% (that is 1.94% per quarter), ?the total is 938.66 approx.?The answer will depend on whether the 8% refers to a quarterly rate or an annual equivalent rate.5 years = 5*4 = 20 quarters.At a quarterly rate, it is 2000*(1.08)20?= 9321.66 approx.At an annual equivalent rate of 8% (that is 1.94% per quarter), ?the total is 938.66 approx.?The answer will depend on whether the 8% refers to a quarterly rate or an annual equivalent rate.5 years = 5*4 = 20 quarters.At a quarterly rate, it is 2000*(1.08)20?= 9321.66 approx.At an annual equivalent rate of 8% (that is 1.94% per quarter), ?the total is 938.66 approx.?The answer will depend on whether the 8% refers to a quarterly rate or an annual equivalent rate.5 years = 5*4 = 20 quarters.At a quarterly rate, it is 2000*(1.08)20?= 9321.66 approx.At an annual equivalent rate of 8% (that is 1.94% per quarter), ?the total is 938.66 approx.?
How many times do you have to pay the premium?
The number of times you need to pay the premium typically depends on the terms of your insurance policy. Most policies require premium payments on a monthly, quarterly, or annual basis. If the policy is canceled or lapses, you may need to pay the premium again to reinstate coverage. Always refer to your specific policy documents for details on payment frequency and requirements.
How much money will 500 dollars accumulate over 20 years at 5 percent interest?
That depends on whether you are getting 5% simple interest, or compound interest, and how often it is compounded. Simple interest is very easy to calculate; you just multiply. $500 at 5% earns 5% of $500 every year, which is $25, so in 20 years the interest earned is 20 x $25 or $500, for a total of $1,000. But if you put the money in a savings account in a bank, you get compound interest. It can be compounded annually, semi-annually, quarterly, monthly, or daily. The more often it is compounded, the more you earn. Nowadays you can get daily interest, but that is kind of complicated because it depends on whether you figure the interest for every single day, 365 days a year and 366 in a leap year, or the traditional banking custom of 360 days a year. For example, if you compound annually, every year your balance is multiplied by 1.05, so after 20 years you would have 500 x 1.0520, which is $1.326.65 to the nearest cent.
What does 'GCA exports' mean in regards to a 'Quarterly Performance Report'?
GCA Exports
Can you provide an overview of the company's performance in the most recent quarterly financial review?
In the most recent quarterly financial review, the company showed strong performance with increased revenue and profits compared to the previous quarter. Operating expenses were well-managed, and the company's overall financial health appeared to be stable.
What part of speech is quarterly?
Quarterly is an adjective (quarterly bills) and an adverb (paid quarterly).
When was The Quarterly created?
The Quarterly was created in 1987.
When did The Quarterly end?
The Quarterly ended in 1995.
What is the plural of quarterly?
The plural form of quarterly is quarterlies.
What does the acronym QAR stand for?
The acronym QAR has several different meanings. Some of them include but are not limited to Quality Assurance Review, Quick Access Recorder, Quality Assessment Report, and Quarterly Acceptance Review.
Quarterly months starting in October?
Quarterly months are:OctoberJanuaryAprilJuly
When was Crozer Quarterly created?
Crozer Quarterly was created in 1924.
When was Quarterly Essay created?
Quarterly Essay was created in 2001.
When was Film Quarterly created?
Film Quarterly was created in 1945.
When was Denver Quarterly created?
Denver Quarterly was created in 1965.
