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What is the interest rate of 13.75 percent compounded monthly is equivalent to a daily compounded interest rate?
14.651
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.
If the daily interest rate is 3.50 percent what is the annual interest rate?
3.5% interest compounded daily is equivalent to 3.562% annual yield.(It can't possibly be 3.5% daily. That would compound to 28,394,072% in a year.)
What is the daily interst on the annual rate of 17.7 percent?
If the interest is compounded on a daily basis, for 365 days, the equivalent rate is 0.04466 per cent.
In compound interest accounts interest can be compounded .?
In compound interest accounts, interest can be compounded at various intervals, such as annually, semi-annually, quarterly, monthly, or daily. This means that the interest earned over a period is added to the principal amount, resulting in interest being calculated on the new total in subsequent periods. The more frequently interest is compounded, the more total interest will accumulate over time, leading to greater growth of the investment. This compounding effect can significantly enhance returns compared to simple interest, where interest is calculated only on the original principal.
What is the interest rate of 13.75 percent compounded monthly is equivalent to a daily compounded interest rate?
14.651
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 APR of 14.8 percent interest compounded daily?
14.8 percent, compounded daily, is approx 7.565 sextillion for a year (8.684 sextillion for a leap year).
If you deposit 10000 in a bank account that pays 10 percent interest annually how much would be deposited in your account after 5 years?
$16,105.10 if compounded yearly, $16,288.95 if compounded semi-annually, $16,386.16 if compounded quarterly, $16,453.09 if compounded monthly, and $16,486.08 if compounded daily.
If the daily interest rate is 3.50 percent what is the annual interest rate?
3.5% interest compounded daily is equivalent to 3.562% annual yield.(It can't possibly be 3.5% daily. That would compound to 28,394,072% in a year.)
What is 446 4 interest compounded daily for 176 days?
$454.69 for $8.69 of cumulative interest over 176 days.
You opened a savings account with the deposited 5000 in a six percent interest rate compounded daily what is the amount in the account after 180 days?
If you opened a savings account and deposited 5000 in a six percent interest rate compounded daily, then the amount in the account after 180 days will be 5148.
What is the savings account offering which of these APRs and compounding periods offers the best ARY?
4.0730% compounded daily3.1172% compounded monthly2.0365% compounded daily
What is the daily interst on the annual rate of 17.7 percent?
If the interest is compounded on a daily basis, for 365 days, the equivalent rate is 0.04466 per cent.
What will 10000 be worth after 5 years at 5 percent?
It makes a difference how often the interest is compounded, and you haven't given that information. If it's compounded annually, then your 10,000 becomes 12,762.82 after 5 years. If it's compounded quarterly, then it becomes 12,820.37 . If it's compounded "daily", then it becomes 12,840.03 . If it's "simple" (uncompounded) interest, then 10,000 swells to a full 12,500 in 5 years.
Where interest is compounded continuously?
I think most banks use daily compounding, but you could use the continuous compounding to approximate daily compounding and be off by less than 0.2%
What banks offer high interest CD rates?
First rated bank is the Ge capital Retail bank with a rate of 1.04% compounded daily, but you need a blance of atleast 25,000$. Second rated is the Ally bank with 0.94& compounded daily and no minimum deposit.
