With compounded interest, it would be 100*(1 + 11/100)10 = 283.94
$10
10 years
Assuming the interest is compounded annually, the future value is 100*(1.04)10 = 100*1.4802 (approx) = 148.02
500*(1 + 5/100)10 = 814.48 dollars
With compounded interest, it would be 100*(1 + 11/100)10 = 283.94
$10
10 years
It will be worth 417.72, approx.
Using the formula P x [ 1 plus r x t],where 'P' is the principal or 100 , 'r 'is the rate or 11 percent, and 't' is the time or 10 years, the value would be 210 dollars. This formula is for simple interest.
Assuming the interest is compounded annually, the future value is 100*(1.04)10 = 100*1.4802 (approx) = 148.02
10 percent.
500*(1 + 5/100)10 = 814.48 dollars
100 x 100/10 x 15/100 = 150Therefore, 15 percent of that number would be 150.
One Hundred $ at 10% int for 100 yearsYou would have $1,378,061.23.If you want to know how this is done. you use the mathematical Formula for interest rates which is P(1+r)^t where P = Principal (100) r = Rate (10% or .1) and t = Time = 100 years. so 100(1+r)^100 = 1,378,061.234
500 principal, 10 percent annual rate => 50 annual interest 2 year => 100 total interest.
1500*0.10=150