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If the 5% is yearly, and it is compounded monthly, that means that the monthly interest rate is 5/12 percent. In this case, the base factor, in the formula for compound interest, is 1 + 5/1200. After one year (12 monthly periods), the capital would be 200000 x (1 + 5/1200)12. If you want to invest the money for two years (24 months), replace the exponent 12 by 24, etc.
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150 if invested for three years at a 9 percent interest rate?
$194.25 if interest is compounded annually. A little more if compounded quarterly, monthly, or daily.
How much would 100 invested at 8 percent interest compounded monthly be worth after 6 years?
161.35
How much would 200 invested at 8 percent interest compounded monthly be worth after 6 years?
322.7
How much would 100 invested at 9 percent interest compounded monthly be worth after 7 years?
187.32
How much would 200 invested at 7 percent interest compounded monthly be worth after 5 years?
283.52
Related Questions
150 if invested for three years at a 9 percent interest rate?
$194.25 if interest is compounded annually. A little more if compounded quarterly, monthly, or daily.
How much would 500 invested at 6 percent interest compounded monthly be worth after 4 years?
635.24
How much would 100 invested at 8 percent interest compounded monthly be worth after 6 years?
161.35
How much would 200 invested at 5 percent interest compounded monthly be worth after 9 years?
313.37
How much would 200 invested at 8 percent interest compounded monthly be worth after 6 years?
322.7
How much would 100 invested at 9 percent interest compounded monthly be worth after 7 years?
187.32
How much would 200 invested at 4 percent interest compounded monthly be worth after 30 years?
648.68
How much would 200 invested at 7 percent interest compounded monthly be worth after 5 years?
283.52
How much would 400 invested at 9 percent interest compounded monthly be worth after 4 years?
572.56
How much would 500 invested at 4 percent interest compounded monthly be worth after 5 years?
610.45
How much would 200 invested at 4 percent interest compounded monthly be worth after 8 year's?
275.28
How much would 500 invested at 5 percent interest compounded monthly be worth after 6 years?
674.43
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