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Find the accumulated value of an investment of 25000 for 7 years at an interest rate of 4 percent if the money is compounded semiannually?
25000 x (1.02)14 = 32976.97. For comparison, compounded annually would give 25000 x (1.04)7 = 32898.29, not a huge difference but worth having!
How much interest is earned for the investment 20 000 for 2 years at 6 percent compounded annually?
Interest = 2472
How many years will it take for an investment to double if the interest rate is 8 percent per year compounded annually?
11 years
How much would 15000 dollars invested at 8 percent interest compounded annually be worth after 6 months?
If the interest is compounded annually, then the first interest payment isn't added until the end of the first year. Until then, the investment is worth exactly $15,000.00 .
What rate of interest compounded annually is required to triple an investment in 3 years?
Approx 44.225 % The exact value is 100*[3^(1/3) - 1] %
What is the future value of an investment of 500 today, with an interest rate of 5 per year, compounded annually, after 5 years?
The future value of a 500 investment with a 5 annual interest rate compounded annually after 5 years is approximately 638.14.
Find the accumulated value of an investment of 25000 for 7 years at an interest rate of 4 percent if the money is compounded semiannually?
25000 x (1.02)14 = 32976.97. For comparison, compounded annually would give 25000 x (1.04)7 = 32898.29, not a huge difference but worth having!
What is For an investment of 20 000 at 7.2a compounded semi-annually for 7 years what is the final amount.?
It is 52936.72
What is the effective annual return for an investment that pays 10 percent compounded annually?
It might just be 10%.
How long does an investment earning 9 percent take to double in value?
8.0432 years (rounded) if compounded annually.
How much interest is earned for the investment 20 000 for 2 years at 6 percent compounded annually?
Interest = 2472
How much money will an account have if 600 is invested in an interest rate of 6.5 percent compounded annually for the 3 years?
To calculate the future value of an investment compounded annually, you can use the formula: ( A = P(1 + r)^n ), where ( A ) is the amount of money accumulated after n years, ( P ) is the principal amount (initial investment), ( r ) is the annual interest rate, and ( n ) is the number of years. Here, ( P = 600 ), ( r = 0.065 ), and ( n = 3 ). Plugging in the values: ( A = 600(1 + 0.065)^3 ) Calculating this gives ( A \approx 600(1.207135) \approx 724.28 ). Therefore, the account will have approximately $724.28 after 3 years.
How many years will it take for an investment to double if the interest rate is 8 percent per year compounded annually?
11 years
How much would 15000 dollars invested at 8 percent interest compounded annually be worth after 6 months?
If the interest is compounded annually, then the first interest payment isn't added until the end of the first year. Until then, the investment is worth exactly $15,000.00 .
What is the formula to calculate 1000 invested at 8 percent for 5 years?
Assuming interest is compounded annually, 1000*(1.08)5
What rate of interest compounded annually is required to triple an investment in 3 years?
Approx 44.225 % The exact value is 100*[3^(1/3) - 1] %
Which is the better investment 8.5 percent compounded monthly or 9.1 percent compounded annually?
Answer: 9.1% At 8.5% principal grows by (1+(.085/12))^12 = 1.0884 times in one year which is less than investing at 9.1%.
