You could probably do this easier but this is how I would do it.
.05*4000 = 200+4000 = 4200*.05 = 210+4200 = 4410*.05 = 220.5+4410 = 4630.5
So you will end up with $4,630.50
your welcome
You will have $11576.25
463.72
2.25 percent apex
345
balls
You will have $11576.25
463.72
1050*5/100
What is the future value of $1,200 a year for 40 years at 8 percent interest? Assume annual compounding.
18.90currency as an interest..
2.5 years
7% simple annual interest over 2 years = 14% total interest.14% of R528 = R73.92 .
d 2.5 years
$14,693.28
10795
1927.23 IF the interest is compound (accrued on the totalsum each year)... 1891.00 IF the interest is simply calculated on the initial deposit.
That's what I want to know