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Q: Jenny borrowed 500 for five years at 4 percent interest compounded annually what is the total aoue will have paid wen she pays off the loan?

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It is 0.833... recurring % if the interest is simple, or compounded annually. If compounded monthly, it is approx 0.797 %

$194.25 if interest is compounded annually. A little more if compounded quarterly, monthly, or daily.

It depends on when it's compounded. Left alone and compounded annually, the total is 441.87.

655.40

814.45

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year

It is 0.833... recurring % if the interest is simple, or compounded annually. If compounded monthly, it is approx 0.797 %

$194.25 if interest is compounded annually. A little more if compounded quarterly, monthly, or daily.

Compounded annually: 2552.56 Compounded monthly: 2566.72

It depends on when it's compounded. Left alone and compounded annually, the total is 441.87.

1257

Interest = 2472

With simple interest, it is 1.5% per month. If compounded, it is 1.389% approx.

500 invested for 5 years at 7% interest compounded annually becomes 701.28

It is approx 77393.69 units of currency.

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

How much would $500 invested at 9% interest compounded annually be worth after 4 years? 705.79