$2,500 is your answer
Let P be the amount of invested money. Then, .08P = 336 P = 336/.08 = 4,200
3125
2500
You would need 9687 dollars.
1200 rate*money invested*interest(divided by a 100) 5*4000*.06=1200
$2,500
If interest money will be added to to invested money each year, the result will be 15000x(1+0.05)^10=24,433.42 (rounded) If interest money will not be added to to invested money, the result will be 15000x(1+0.05x10)=22,500
Let P be the amount of invested money. Then, .08P = 336 P = 336/.08 = 4,200
3125
3125
Investment decisions are made by investors and stockholders about how and where money will be invested. Most of the time investments are made in the interest of companies and retirement plans.
2500
2500
Type your answer here... $8,324.59
Income is money coming in; it could be wages or capital gains, or interest on money invested. Interest is a percentage of money owed added to your bill when borrowing money, or the amount that you earn on money invested.
Sorry I really don't know.
The amount of a loan or investment that does not include interest. It's the amount borrowed, or the amount currently owed in a loan (including mortgages) and the amount invested (for investments.)