It is 400*(1+3.5/100)2 = 428.49
400*(1.06)25 = 1716.75
Simple interest 400 + (4 x 5 x 8) = 400 + 160 = 560; Compound interest 400 x 1.085 = 400 x 1.47* = 588. *Actually the multiplier is 1 .469
To calculate the total amount in the account after 5 years with a principal of $400 invested at an annual interest rate of 6% compounded annually, you can use the formula for compound interest: ( A = P(1 + r)^t ), where ( A ) is the amount, ( P ) is the principal, ( r ) is the annual interest rate (as a decimal), and ( t ) is the number of years. Plugging in the values: [ A = 400(1 + 0.06)^5 \approx 400(1.338225) \approx 535.29. ] Thus, the total amount in the account after 5 years is approximately $535.29.
67.5% of 400 = 270
0.6 percent of 400 is 2.4
400*(1.06)25 = 1716.75
Simple interest 400 + (4 x 5 x 8) = 400 + 160 = 560; Compound interest 400 x 1.085 = 400 x 1.47* = 588. *Actually the multiplier is 1 .469
To calculate the total amount in the account after 5 years with a principal of $400 invested at an annual interest rate of 6% compounded annually, you can use the formula for compound interest: ( A = P(1 + r)^t ), where ( A ) is the amount, ( P ) is the principal, ( r ) is the annual interest rate (as a decimal), and ( t ) is the number of years. Plugging in the values: [ A = 400(1 + 0.06)^5 \approx 400(1.338225) \approx 535.29. ] Thus, the total amount in the account after 5 years is approximately $535.29.
400.
67.5% of 400 = 270
17.5 percent of 400 is 70
9 percent of 400 is 36.
0.6 percent of 400 is 2.4
400 percent of 1000 = 4000
69 percent of 400 is 276.
20 percent of 400 is 80.
99 percent of 400 is 396.