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What is the effective rate of 18600 invested for one years at 7.5 compounded semiannually round your answer to the nearest hundredth?
Wiki User
∙ 16y ago
The rate is 15.56%. The amount invested is irrelevant in this calculation.
Wiki User
∙ 7y ago
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What is the effective rate of 18600 invested for one year at 7 and one half percent compounded semiannually?
The annual equivalent rate is 15.5625%. The amount invested is irrelevant to calculation of the equivalent rate.
How much interest will 10000 earn in 18 months if invested at 8 percent compounded semiannually?
1200
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
How much will 20k earn in 5 yrs if invested at 10 percent compounded semiannually?
If every six months the capital earn 10% interest which is compounded, at the end of 5 years, the interest will be 31875. If the annual interest rate is 10%, it makes no difference how often it is compounded. The six monthly interest rate is adjusted - to 4.88% rather than 5% - so that the total interest for a year is 10%.
150 if invested for three years at a 9 percent interest rate?
$194.25 if interest is compounded annually. A little more if compounded quarterly, monthly, or daily.
What is the effective rate of 18600 invested for one year at 7 and one half percent compounded semiannually?
The annual equivalent rate is 15.5625%. The amount invested is irrelevant to calculation of the equivalent rate.
How much interest will 20000 earn in two years if invested at 6 percent compounded semiannually?
$5,249.54
How much interest will 10000 earn in 18 months if invested at 8 percent compounded semiannually?
1200
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 would be the amount of compound interest on 8000 invested for two years at 12 percent compounded semiannually?
Semiannually over two years is equivalent to 4 periods. If the interest is 12% every 6 months, then the amount of interest is It is 8000*[(1.12)4 -1] =4588.15
Future value of 600 for invested for 5 years at 8 percent interest compounded semiannually?
The future value of $600 invested for 5 years at an 8% interest rate compounded semiannually can be calculated using the formula FV = P(1 + r/n)^(nt), where FV is the future value, P is the principal amount, r is the interest rate, n is the number of times the interest is compounded per year, and t is the number of years. In this case, P = $600, r = 8% = 0.08, n = 2 (since interest is compounded semiannually), and t = 5. Plugging these values into the formula, we get FV = 600(1 + 0.08/2)^(2*5) = $925.12. Therefore, the future value of the investment after 5 years would be $925.12.
How much will 20k earn in 5 yrs if invested at 10 percent compounded semiannually?
If every six months the capital earn 10% interest which is compounded, at the end of 5 years, the interest will be 31875. If the annual interest rate is 10%, it makes no difference how often it is compounded. The six monthly interest rate is adjusted - to 4.88% rather than 5% - so that the total interest for a year is 10%.
How much would 500 invested at 7 percent compounded annually be worth after 5 years?
500 invested for 5 years at 7% interest compounded annually becomes 701.28
What is so special about Zero Coupon Municipal Bonds?
Zero Coupon Municipal Bonds are special because, unlike other bonds, they have no periodic interest payments. Rather, the investor receives one payment at maturity. This payment is equal to the amount invested, plus the interest earned, compounded semiannually.
5000 invested for 25 years at 10 compounded annually?
4500233.00
How much would 140 invested at 6 percent interest compounded annually be worth after 15 years Round your answer to the nearest cent?
How much would $500 invested at 9% interest compounded annually be worth after 4 years? 705.79
150 if invested for three years at a 9 percent interest rate?
$194.25 if interest is compounded annually. A little more if compounded quarterly, monthly, or daily.
