Q: What is the future value of Rs1.00 invested for 10 years if 12 percent annual rate of interest is compounded quarterly?

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$194.25 if interest is compounded annually. A little more if compounded quarterly, monthly, or daily.

1200

556.34

187.32

655.40

Related questions

$194.25 if interest is compounded annually. A little more if compounded quarterly, monthly, or daily.

$491

74 or 75 years

$5,052.22

750 invested for 10 years at 10% pa would be 1,945

Since the annual interest rate is given, the fact that the interest is calculated and compounded quarterly is not relevant. The interest is 750000*2.5/100 = 18750 pesos.

4795.65 (approx).

$44,440.71

500 invested for 5 years at 7% interest compounded annually becomes 701.28

$5,249.54

1200

556.34