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You opened a savings account with the deposited 5000 in a six percent interest rate compounded daily what is the amount in the account after 180 days?

If you opened a savings account and deposited 5000 in a six percent interest rate compounded daily, then the amount in the account after 180 days will be 5148.


Find the effective rate when the stated rate is 13.5 percent and the interest is compounded semiannually?

13.96%


What is the effective rate of 13.5 percent when the interest is compounded semiannually?

It is 1.135^2 - 1 = 28.8%


If 600 is deposited in a bank that pays 8.45 percent compounded quarterly what is the amount in the account after 10 months?

£765.31


How much money must be deposited now at 6 percent interest compounded semiannually to yield an annually payment of 4000 at the end of each six month period for a total of five years round your answer?

$35144.44


How much interest will 20000 earn in two years if invested at 6 percent compounded semiannually?

$5,249.54


How much interest will 10000 earn in 18 months if invested at 8 percent compounded semiannually?

1200


What is 20000 in 30 years with 7 percent interest compounded semiannually?

It is 20000*(1.07)^60 = 1158928.54


June deposited 8450 in an account that pays 6 percent interest compounded annually find the amount she will have in the account at the end of 8 years?

13468.02


What is 20000 in 5 years with 7 percent interest compounded semiannually?

After 5 years, 20000 at 7% per annum compounded semiannually will be 20000*(1 + 0.5*7/100)2*5 = 20000*(1.035)10 = 28211.98


How much money will you have at the end of one year if interest is compounded semiannually at 10 percent on a 600 deposit?

It will be 726.


What is 5000 dollars compounded semiannually at 6 percent for 5 years?

5000 x (1.03)10 = $6719.58