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Earn +20 ptsQ: What is 73000 at 7 percent compounded semiannually for 3 years?
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What is 20000 in 30 years with 7 percent interest compounded semiannually?
It is 20000*(1.07)^60 = 1158928.54
Find compound interest on Rs800 for 3 years at an interest 8 percent compounded semiannually for three years Find the compound inte?
800 x (1.04)6 ie Rs1012.26
What is the balance on a deposit of 1200 earning 9.5 percent interest compounded semiannually for 10 years?
9.5% semi-annually = 19.9025% annually.After 10 years 1200*(1.199025)^10 = 7369.93
A sum of money invested at 4 percent interest compounded semiannually will double in amount in aprproximately how many years?
I haven't gotten the answer to that test question either....the choices seem wrong
What is the future value of 100 after 5 years under 12 percent if compounded annually semiannually quarterly monthly daily?
Annual: 176.23 Semiannually : 179.08 Quarterly: 180.61 Monthly: 181.67 Daily: 182.19 (assuming 365.25 days per year, on average).
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