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Earn +20 ptsQ: 10000 for 3 years at 4 percent compounded annually?
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How much needs to be deposited now to have 10000 in eight years if it earns 6 percent compounded annually?
6275 will be worth 10001.40 while 6274 will not be enough.
What is 6000 compounded annually at 6 percent for 5 years?
8029.35
What is 350 in 6 percent interest in four years?
It depends on when it's compounded. Left alone and compounded annually, the total is 441.87.
10000 at 6 percent for 3 years?
Compounded yearly, you would end up with $11,901.16
150 if invested for three years at a 9 percent interest rate?
$194.25 if interest is compounded annually. A little more if compounded quarterly, monthly, or daily.
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