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If you have inherited 60000 and plan to buy a home If you invest 60000 today at 5 percent compounded annually how much could you spend on the house in one year?
Brat44
If my maths is correct, you should have 360 000. The compound interest formula is
A = P(1+i)n
Therefore:
A = 60000(1+5)1
A = 60000(6)1
A = 60000 x 6
A = 360000
Note: the 'n' is to the power of
A = Amount you will have at the end of the investment
P = The amount you invested at the beginning
i = The interest rate
n = The amount of years that the money will be invested for
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∙ 14y ago
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If you invest 750 every six months at 8 percent compounded semi annually how much at the end of ten years?
$22334
How much must you invest today single CF to accumulate 81336 at the end of 15-years if the rate of interest is 4.5-percent compounded annually?
You need to invest 42027.98
A man plan to retire in 20 years and expect to need 600000 how much does he must invest today at 6 point 1 percent compounded annually to accomplish his goal?
6.1% = 0.061(1.061)20 = 3.268193Investment = 600,000 / 3.268193 = $ 183,587.70
How much interest do you get from a bank if you invest 150000 dollars at 2.27 percent?
That depends on how often it's compounded. If it's once a year, 2.27 percent of 150000 is 3405.
How much must you invest today to get 40000 interest annually?
That's going to depend on all of the following: -- what interest rate you can find -- how often the interest on the investment is compounded -- how you take your 40,000 annually ... how much and how often during the year. You haven't included any of that information in the question, so no answer is possible.
What is 5000 compounded annually at 4 percent for 5 years?
Invest at an amount of 200000 at a bank that offers an interest rate of 7,6%p.a Compounded annually for a period of 3 years
If you invest 8000 per period for 7 years at 9 percent how muchwould you have?
Compounded annually, that's 14,624.31
If you invest 750 every six months at 8 percent compounded semi annually how much at the end of ten years?
$22334
How much must you invest today single CF to accumulate 81336 at the end of 15-years if the rate of interest is 4.5-percent compounded annually?
You need to invest 42027.98
What if your aunt is planning to invest in a bank CD that will pay 8.00 percent interest semi-annually. If she has 13000 to invest how much will she have at the end of four years?
Your aunt is planning to invest in a bank CD that will pay 8.00 percent interest semi-annually. If she has $13,000 to invest, how much will she have at the end of four years?
A man plan to retire in 20 years and expect to need 600000 how much does he must invest today at 6 point 1 percent compounded annually to accomplish his goal?
6.1% = 0.061(1.061)20 = 3.268193Investment = 600,000 / 3.268193 = $ 183,587.70
Suppose you invest 1600 at an annual interest rate of 5.5 percent compounded continuously How much will you have in the account after 25 years?
balls
How much interest do you get from a bank if you invest 150000 dollars at 2.27 percent?
That depends on how often it's compounded. If it's once a year, 2.27 percent of 150000 is 3405.
What is time valu of money?
The time value of money, in a nutshell, is how much money would be worth in the future if you invested it at a certain rate. If you have $1 now and can invest for 5% (compounded annually), you would have $1.05 at the end of the year (Future Value) Can also be how much you need now to reach a certain amount in the future. If you need $1 in a year and can invest for 5% (compounded annually), you would need about 95 cents now (Present Value)
How much must you invest today to get 40000 interest annually?
That's going to depend on all of the following: -- what interest rate you can find -- how often the interest on the investment is compounded -- how you take your 40,000 annually ... how much and how often during the year. You haven't included any of that information in the question, so no answer is possible.
Is bank regulation purpose to prevent bank failure?
If you invest $1,000 today in a security paying 8 percent compounded quarterly, how much will the investment be worth seven years from today?
In 2000 Patti had the choice to invest 100000 in the housing market for five years or invest in a CD paying 4 compounded annually. If the 2000 CPI is 172.2 and the 2005 CPI is 195.0 ...Better option?
It is not possible to answer the question based in the information given since the increase in CPI does not reflect the return on the housing market.
