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How many years would it take for 1000 to become 2000 with an interest rate of 7.2?
Wiki User
∙ 6y ago
about how many years would it take for $1000 to become $2000 with an interest rate of 7.2
Wiki User
∙ 6y ago
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How much would 2000 become in 10 years at 5 percent interest?
If it is not compounded the interest would be 2000x10x.05=1000 If it is compounded then it is different.
What is the simple interest of a loan for 1ooo with 5 percent interest after 3 years?
Simple interest = 1000 * 5/100 * 3 = 150
What rate of simple interest is needed for 1000 to double in 3 years?
331/3 percent simple interest will double any amount in 3 years.
How many years will it take to reach 18600 if Tina invests 1000 in an account that pays 6.5 percent interest?
9.85 years, approx.
Nate wants to buy a CD for 1000 that earns 3 APR and is compounded quarterly for 5 years. He will be taxed on 20 of the interest that he earns. What is the total amount of interest Nate will earn afte?
He will get 128.95 interest after tax.
How much would 2000 become in 10 years at 5 percent interest?
If it is not compounded the interest would be 2000x10x.05=1000 If it is compounded then it is different.
How much would 6 percent interest be on 1000 compounded over four years?
Total = 1000(1+0.06)4 = 1262.48
What would the value of 1000 in 1921 be today gaining 10 percent interest?
$1000 compounded at 10% annually over 86 years would be almost $4,000,000.
What is the simple interest of a loan for 1000 with 5 percent interest after 5 years?
$150. 5% interest per $1000 is $50 per year. You had the loan 3 years- $50 x 3.
What is the simple interest of a loan for 1000 with 5 percent interest after 3 years?
$150. 5% interest per $1000 is $50 per year. You had the loan 3 years- $50 x 3.
If have 1000 dollars in the bank with a 5.4 annual interest rate how much is left after 7 years?
To find this figure you will have to multiply the interest rate to the initial $1000, and get the total. For each subsequent year, you will need to add the interest accrued from the year before and then multiply that total by the interest rate again. After 7 years, there would be $1445.06 in the account.
If you invested 1000 dollars in 1975 what is value today?
If you would have gotten 10% interest, your money would have doubled every 7 years.
How many years to become a pediatrican?
1000 years
Matthew invests 1000 at 8 percent compounded annually for 2 years Find the compound interest?
Total after 2 years = 1000*(1.08)2 = 1000*1.1664 =1166.40 So interest = Total - Inirial capital = 1166.40 -1000 = 166.40
1000 is invested at 9 percent simple interest for 3 years. how much is the earnings?
9% of 1000 is 9*1000/100 = 90. Since it is simple interest, it generates earnings of 90 each year, or 270 in 3 years.
If you invest 1000 today at 5 percent annual interest how much would you have in 2 years?
1050*5/100
What is the simple interest of a loan for 1ooo with 5 percent interest after 3 years?
Simple interest = 1000 * 5/100 * 3 = 150
