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 .
THe factors are the same
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 $1,200 a year for 40 years at 8 percent interest? Assume annual compounding.
You do not add the percentage error but the actual error.
102102.52
THe factors are the same
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
Future Value
FV = Future Value
formula for future value of a mixed stream
Future value = 1000*(1.08)7 = 1713.82
Future value= 25000*(1.08)10 =53973.12
the future value of $5,000 in a bank account for 10 years at 5 percent compounded bimonthly?
9f you are using the equation %error =[(oberved value - true value)/true value]x100 a negative percent indicates the observed value is less than the true value by the calculated percent.
It depends how the interest is calculated. If it's compounded, your initial 500 investment would be worth 638.15 after 5 years.
What is the future value of $1,200 a year for 40 years at 8 percent interest? Assume annual compounding.
The percent error is calculated by taking the absolute difference between the measured value and actual value, dividing it by the actual value, and then multiplying by 100. If the actual weight is not provided, the percent error cannot be calculated.