Roughly 11,669.70
138645
$194.25 if interest is compounded annually. A little more if compounded quarterly, monthly, or daily.
It is 712.97
Four.
compounded annually--$43,219 compounded quarterly--$44,402 compounded monthly-- $44,677 compounded daily--$44,812
Quarterly.Quarterly.Quarterly.Quarterly.
Roughly 11,669.70
138645
$194.25 if interest is compounded annually. A little more if compounded quarterly, monthly, or daily.
$5,052.22
Y
It is 712.97
You would have 2,294,862.92.However, 14% each quarter, compounded quarterly, is equivalent to 68.9% annually. You are unlikely to find such a return legitimately.
8 percent compounded quarterly is equivalent to approx 36% annually. At that rate, after 3 years the ending balance would be 1762.72 approx.
Four.
1400*(1.16)4*6 = 1400*1.1624 = 49330.98 (approx). Are you sure it is 16% quarterly? That is 81% annually!