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It depends on the period.
-- If the period is 1 year, the future value is 3.996 .
-- If the period is 6 months, the future value is 2.026 .
-- If the period is 3 months, the future value is 1.428 .
-- If the period is 2 months, the future value is 1.269 .
-- If the period is 1 month, the future value is 1.196 .
These are compounded values. If interest is simple, then the value
after 18 years is 2.44 .
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Which factor would be greater - the present value of 1 for 10 periods at 8 percent per period or the future value of 1 for 10 periods at 8 percent per period?
THe factors are the same
Find the future value of 5200 at 7 34 percent compounded quarterly for 7 12 years Ignore leap years?
7-3/4 percent compounded quarterly = 1.9375 percent paid each period. 7-1/2 years = 30 periods The future value of $1 = (1.019375)30 = $1.77836 (rounded) The future value of $5,200 = (5,200 x 1.77836) = $9,247.46
What is the future value of 1200 a year for 40 years at 8 percent interest?
What is the future value of $1,200 a year for 40 years at 8 percent interest? Assume annual compounding.
What makes your percent error calculated value not equal to the actual value?
You do not add the percentage error but the actual error.
What is the future value of 80000 dollars with 5 percent interest in 4 years?
102102.52
