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How much will 1 deposit be worth after 36 years if the interest rate by the bank is 8 percent?
about $16
How much a 1 deposit be worth after 36 years if the interest rate paid by the bank is 8 percent?
15.97 approx.
How much would savings of 1550 at an annual interest rate of 2 percent be worth in 11 years?
1927.23 IF the interest is compound (accrued on the totalsum each year)... 1891.00 IF the interest is simply calculated on the initial deposit.
What is a 40 percent half dollar worth?
40 cents
What is A dime is worth what percent of a dollar?
A dime is 10 percent of a dollar. -----Calculation------ A dime is 10 cents, and a dollar is 100 cents. 10 / 100 = 0.1 = 10%
Would a dollar tomorrow be worth more to you today when the interest rate is 20 percent or when it is 10 percent?
10 percent.
How much will 1 deposit be worth after 36 years if the interest rate by the bank is 8 percent?
about $16
How much will a 1 deposit be worth after 24 years if the interest rate paid by bank is 7 percent?
about $5
How much will a 1 deposit be worth after 36 years if the interest rate paid by the bank is 8 percent?
bout $16
How much a 1 deposit be worth after 36 years if the interest rate paid by the bank is 8 percent?
15.97 approx.
Would a dollar tomorrow be worth more to you today when the interest rate is 20 percent or 10 percent?
A dollar tomorrow would be worth more to you today when the interest rate is 10 percent compared to 20 percent. This is because a lower interest rate results in a smaller discounting effect, making the present value of that future dollar higher. At 10 percent, the future value is discounted less, meaning it retains more of its worth in today's terms. Conversely, at 20 percent, the dollar's present value decreases more significantly, making it less valuable today.
What happens if inflation rises by just 1 percent?
The dollar in your pocket is worth .99 of a dollar. also nominal interest=real interest+inflation so nominal interest goes up by 1%
How much will a 1 deposit be worth after 24 years if the interest rate paid in the bank is7 percent?
To calculate the future value of a $1 deposit after 24 years at an interest rate of 7 percent, we can use the formula for compound interest: ( A = P(1 + r)^n ), where ( A ) is the amount of money accumulated after n years, ( P ) is the principal amount (initial deposit), ( r ) is the annual interest rate, and ( n ) is the number of years. Plugging in the values: ( A = 1(1 + 0.07)^{24} ). This results in approximately $5.51, meaning the $1 deposit will be worth about $5.51 after 24 years.
How much would savings of 1550 at an annual interest rate of 2 percent be worth in 11 years?
1927.23 IF the interest is compound (accrued on the totalsum each year)... 1891.00 IF the interest is simply calculated on the initial deposit.
How much will a 1 dollar deposit be worth after 48 years if the interest rate paid by the bank is 6 percent?
At simple interest, it would be $3.88 (6 cents per year for 48 years = 2.88). At compound interest, credited annually, it would be $16.39 (rounded). At compound interest, credited quarterly, it would be $17.44 (rounded). Compounding means that once credited, the interest becomes part of the principal for the next interest period.
How much will a 1 dollar deposit be worth in 36 years if intrest rate is paid by the bank is 8 percent?
To calculate the future value of a $1 deposit after 36 years with an 8% annual interest rate, you can use the formula for compound interest: ( FV = P(1 + r)^n ), where ( P ) is the principal amount, ( r ) is the interest rate, and ( n ) is the number of years. Plugging in the values: ( FV = 1(1 + 0.08)^{36} ). This results in approximately $14.62, meaning the $1 deposit will grow to about $14.62 over 36 years.
One dollar in a safe deposit box in 1980 is worth how much now?
between 60 cents and one dollar
