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5000 compounded annually at 6 percent for 5 years?
7,093 * * * * * No, that is for 6 years. For 5 years it is 5000*(1.06)5 = 6691.13
The amount to which 5000 would grow in ten years at 6 percent compounded semiannually?
To calculate the future value of an investment compounded semiannually, you can use the formula: [ A = P \left(1 + \frac{r}{n}\right)^{nt} ] where: ( A ) is the amount of money accumulated after n years, including interest. ( P ) is the principal amount (5000). ( r ) is the annual interest rate (0.06). ( n ) is the number of times that interest is compounded per year (2 for semiannual). ( t ) is the number of years the money is invested (10). Plugging in the values: [ A = 5000 \left(1 + \frac{0.06}{2}\right)^{2 \times 10} = 5000 \left(1 + 0.03\right)^{20} = 5000 \left(1.03\right)^{20} \approx 5000 \times 1.8061 \approx 9030.50 ] Thus, $5000 would grow to approximately $9030.50 in ten years at 6 percent compounded semiannually.
If 5000 is invested at an annual interest rate of 9 percent compounded continuously. How much is available after 7 years?
Principal amount 5,000 Interest rate 9 percent per year = 0.09 Continuous compounding Number of years 7 Future value = P e^rt Future value = (5000) e^(0.09)(7) Amount after 7 years = $9,388.05
Find the present value of 5000 if the innterest paid is at a rate of percent 7 compounded continuosly for 4 years?
The formula to calculate the present amount including compound interest is A = P(1 + r/n)nt where P is the principal amount, r is the annual rate expressed as a decimal , t is the number of years, and n is number of times per year that interest is compounded. In the question, P = 5000, r = 0.07, t = 4, and n = 1 A = 5000(1 + 0.07)4 = 5000 x 1.074 = 5000 x 1.310796 = 6553.98
5000 loan at 4 percent annually for six years?
1200
5000 compounded annually at 6 percent for 5 years?
7,093 * * * * * No, that is for 6 years. For 5 years it is 5000*(1.06)5 = 6691.13
What is 5000 dollars compounded semiannually at 6 percent for 5 years?
5000 x (1.03)10 = $6719.58
Calculate the future value of 5000 compounded annually ay 6 percent for 5 years?
5000 x (1.06)5 = 5000 x 1.338 = 6691.13
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
5000 invested for 25 years at 10 compounded annually?
4500233.00
The amount to which 5000 would grow in ten years at 6 percent compounded semiannually?
To calculate the future value of an investment compounded semiannually, you can use the formula: [ A = P \left(1 + \frac{r}{n}\right)^{nt} ] where: ( A ) is the amount of money accumulated after n years, including interest. ( P ) is the principal amount (5000). ( r ) is the annual interest rate (0.06). ( n ) is the number of times that interest is compounded per year (2 for semiannual). ( t ) is the number of years the money is invested (10). Plugging in the values: [ A = 5000 \left(1 + \frac{0.06}{2}\right)^{2 \times 10} = 5000 \left(1 + 0.03\right)^{20} = 5000 \left(1.03\right)^{20} \approx 5000 \times 1.8061 \approx 9030.50 ] Thus, $5000 would grow to approximately $9030.50 in ten years at 6 percent compounded semiannually.
If each year you deposit 5000 dollars in an account that earns 8 percent each year compounded annually how much will you have after 18 years?
You will have 5000 dollars × (1 + 8/100)18 = 19,980 dollars.
You opened a savings account with the deposited 5000 in a six percent interest rate compounded daily what is the amount in the account after 180 days?
If you opened a savings account and deposited 5000 in a six percent interest rate compounded daily, then the amount in the account after 180 days will be 5148.
If you invest 5000 at 1.8 percent for 5 years compounded semiannually what is the amount in the account at the end of 5 years?
You should have 5976.51 provided the fractional units of interest earned are also rolled into the capital.
If 5000 is invested at an annual interest rate of 9 percent compounded continuously. How much is available after 7 years?
Principal amount 5,000 Interest rate 9 percent per year = 0.09 Continuous compounding Number of years 7 Future value = P e^rt Future value = (5000) e^(0.09)(7) Amount after 7 years = $9,388.05
Find the present value of 5000 if the innterest paid is at a rate of percent 7 compounded continuosly for 4 years?
The formula to calculate the present amount including compound interest is A = P(1 + r/n)nt where P is the principal amount, r is the annual rate expressed as a decimal , t is the number of years, and n is number of times per year that interest is compounded. In the question, P = 5000, r = 0.07, t = 4, and n = 1 A = 5000(1 + 0.07)4 = 5000 x 1.074 = 5000 x 1.310796 = 6553.98
How many years will it take 50 to reach 5000 at a rate of 5 percent?
If you are talking money and interest, then if the interest is simple interest then 5000 = 50 x N x 0.05, hence N = 5000/25 = 200 years If the interest is compounded then 50x(1.05)^N = 5000 Hence (1,05)^N = 100 N x log(1.05) = log(100) ...........(log is to base 10) N = 100/log(1.05) N = 2/0.02118 N = 94.42 years approximately
