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
To calculate the future value of a $900 annuity payment over five years at an interest rate of 9 percent, you can use the future value of an annuity formula: FV = P * [(1 + r)^n - 1] / r, where P is the payment amount, r is the interest rate, and n is the number of periods. Plugging in the values: FV = 900 * [(1 + 0.09)^5 - 1] / 0.09. This results in a future value of approximately $5,162.80.
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.
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
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?
formula for future value of a mixed stream
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.
To calculate the future value of a $900 annuity payment over five years at an interest rate of 9 percent, you can use the future value of an annuity formula: FV = P * [(1 + r)^n - 1] / r, where P is the payment amount, r is the interest rate, and n is the number of periods. Plugging in the values: FV = 900 * [(1 + 0.09)^5 - 1] / 0.09. This results in a future value of approximately $5,162.80.
What is the future value of $1,200 a year for 40 years at 8 percent interest? Assume annual compounding.
It depends how the interest is calculated. If it's compounded, your initial 500 investment would be worth 638.15 after 5 years.