answersLogoWhite

0


Best Answer

yr. 3 - 21,632 x .04 = 865.28 i

total yeild at the end of year 3 is 22,497.28 or 2,497.28 over investment

User Avatar

Wiki User

11y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: 10000 for 3 years at 4 percent compounded annually?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What will 10000 be worth in 30 years at 5 percent?

compounded annually--$43,219 compounded quarterly--$44,402 compounded monthly-- $44,677 compounded daily--$44,812


John invests 10000 for two years at 10 percent compounded annually How much will John have after the two years?

12100


John invests 10000 for three years at 10 percent compounded annually How much will John have after the three years?

13310


John invests 10000 dollars for three years at 10 percent compounded annually how much will John have after the three years?

$10,000 times (1.1)3 = $13,310


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.


If you deposit 10000 in a bank account that pays 10 percent interest annually how much would be deposited in your account after 5 years?

$16,105.10 if compounded yearly, $16,288.95 if compounded semi-annually, $16,386.16 if compounded quarterly, $16,453.09 if compounded monthly, and $16,486.08 if compounded daily.


What is 6000 compounded annually at 6 percent for 5 years?

8029.35


What is 1.00 compounded 3 percent annually for 100 years?

$19.22 (rounded)


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


What is 5000 compounded annually at 4 percent for 5 years?

Invest at an amount of 200000 at a bank that offers an interest rate of 7,6%p.a Compounded annually for a period of 3 years


How much should be deposited today in an account that earns 6 compounded semiannually so that it will accumulate to 10000 in 3 years using present value?

6% compounded annually is equivalent to an annual rate of 12.36%. To increase, at 12.36% annually for 3 years, to 10000, the initial deposit must be 7049.61


Future value of 2000 in 5 years at interest rate of 5 percent?

Compounded annually: 2552.56 Compounded monthly: 2566.72