It is 712.97
It is 5000*(1.06)4*11/2 = 5000*1.0622 = 5000*3.064 approx = 18017.69 You realise, of course, that 6 percent quarterly is equivalent to over 26% per year!
Four.
Annual: 176.23 Semiannually : 179.08 Quarterly: 180.61 Monthly: 181.67 Daily: 182.19 (assuming 365.25 days per year, on average).
7 per cent each quarter is equivalent to 31.08% over one year. At that rate 300 dollars would be worth 393.24 dollars.
It is 712.97
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.
$491
It is 5000*(1.06)4*11/2 = 5000*1.0622 = 5000*3.064 approx = 18017.69 You realise, of course, that 6 percent quarterly is equivalent to over 26% per year!
Y
Four.
Annual: 176.23 Semiannually : 179.08 Quarterly: 180.61 Monthly: 181.67 Daily: 182.19 (assuming 365.25 days per year, on average).
14.8 percent, compounded daily, is approx 7.565 sextillion for a year (8.684 sextillion for a leap year).
year
7 per cent each quarter is equivalent to 31.08% over one year. At that rate 300 dollars would be worth 393.24 dollars.
2500000.00
$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.