It is 20000*(1.07)^60 = 1158928.54
20,000 + 2(0.05)(20,000) = 22,000
6.000
To calculate the interest earned on an investment of $20,000 compounded annually at a rate of 5% for 2 years, you can use the formula for compound interest: ( A = P(1 + r)^n ), where ( A ) is the amount of money accumulated after n years, ( P ) is the principal amount, ( r ) is the annual interest rate, and ( n ) is the number of years. Plugging in the values: ( A = 20000(1 + 0.05)^2 = 20000(1.1025) = 22050 ). The interest earned is ( A - P = 22050 - 20000 = 2050 ). Thus, the interest earned over 2 years is $2,050.
If the rate is 10% interest on a $20,000 loan for two years, interest will be $4,428.06 if compounded continuously. If compounded annually, it would be $4,200.
It is 20000*(1.07)^60 = 1158928.54
5 percent
Total value = 20000*(1.06)2 = 22472 So interest = 2472
700
After 5 years, 20000 at 7% per annum compounded semiannually will be 20000*(1 + 0.5*7/100)2*5 = 20000*(1.035)10 = 28211.98
$5,249.54
It is approx 77393.69 units of currency.
$444.75
50,940 dollars
20,000 + 2(0.05)(20,000) = 22,000
What is your question? Makes no sense.
6.000