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How many years will it take for a 50 investment to grow to 100 if it is compounded continuously at a rate of 10 percent?
in 8 years it wll be 107.179
What do you want to be in next 10 years?
From hooker to scientist, the answer is up to you!
How much time will a 500 investment need to earn 1000 in interest at a rate of 10 percent per year?
If t is the period in years, then the value of the investment after t years satisfies the equation Y = 1000+500 = 500*(1+10/100)t So that t = ln(3)/ln(1.1) = 11.5 years.
How much would 500 invested at 5 percent interest compounded continuously be worth after 10 years?
To calculate the future value of an investment with continuous compounding, you can use the formula ( A = Pe^{rt} ), where ( A ) is the amount, ( P ) is the principal, ( r ) is the interest rate, and ( t ) is the time in years. For an investment of $500 at a 5% interest rate compounded continuously for 10 years, the calculation would be: [ A = 500 \times e^{0.05 \times 10} \approx 500 \times e^{0.5} \approx 500 \times 1.6487 \approx 824.35. ] Thus, the investment would be worth approximately $824.35 after 10 years.
What will 5000 invested for 10 years at 8 percent compounded annually grow to?
To calculate the future value of an investment compounded annually, you can use the formula ( A = P(1 + r)^n ), where ( A ) is the amount of money accumulated after n years, ( P ) is the principal amount (initial investment), ( r ) is the annual interest rate, and ( n ) is the number of years. In this case, with ( P = 5000 ), ( r = 0.08 ), and ( n = 10 ), the future value would be ( A = 5000(1 + 0.08)^{10} ). This results in approximately ( A \approx 5000 \times 2.21964 ), which is about $11,098.20. Thus, the investment will grow to around $11,098.20 after 10 years.
Which country is best positioned for leading the development of new technologies for the next 10 years?
Japan
Where can I find out statistics on job prospects for nurses projecting the next 10 years?
The best way to find out the statistics on job prospects for nurses projecting in the next 10 years would be to speak with a counselor in the college or university that you attend.
Where can I go to find the best investment services center?
eTrade and Zecco are two reliable online investment trading companies. These are alos low cost providers. Schwab is the best choice. 24/7 help and they have been outstanding for last 10 years.
Do investments double every 10 years?
Sometimes. It depends on the interest rate. The rule of 72 will tell you when your investment will double.Example(usage): you invest x dollars at 9% interest per year. 72/9 = 8It will take 8 years for your investment to reach 2x at 9% annual interest.The interest needed to double an investment in 10 years is:72/x=107.2% interestSo if your investment had an annual interest rate of 7.2% it would double in 10 years.
What is the projected salary for a basic electrician in the next 10 years i was here?
OK that is the salery in how much they will make in the next 10 years!!!
Find the final amount for the investment 750 at 10 percent interest compounded quarterly for 10 years?
750 invested for 10 years at 10% pa would be 1,945
How to do an investment is earning 10 per annum compound interestHow long will ot take for the investment to double in value method an explanation?
To determine how long it will take for an investment to double in value at a compound interest rate of 10% per annum, you can use the Rule of 72. This rule states that you divide 72 by the annual interest rate (in percentage) to estimate the number of years needed to double your investment. In this case, 72 ÷ 10 = 7.2 years. Therefore, it will take approximately 7.2 years for the investment to double.
Which banks offer the best investment banking rates?
To find which banks offer the best investment banking rate you can visit this website: finance.mapsofworld.com. This website gives information on the top 10 investment banks. I hope this will help you.
When is the next October 10 2010 going to occur?
Never.... Did you mean when will the next 10/10/10 occur? The answer to that question is in 100 years.
When does hologram tv come out?
in the next 10 years....
Invest R20000 for 10 years which attracts 5 percent for 3 years and 8 percent for 4 years. Calculate interest for remainder 3 years if investment paid out R44253.44 after 10 years.?
your mom would never get that much...
How much interest will be earned on an investment of 8000 at 10 percent simple interest for 3 years?
$2400
