332.01
How much would $500 invested at 9% interest compounded annually be worth after 4 years? 705.79
$491
610.5
At 4% annual interest compounded monthly, it's 96 periods of 1/3% each.300 x (1.00333...)96 = 412.92 (rounded)
With compound interest - the balance after 7 years would be 26336.18
How much would $500 invested at 9% interest compounded annually be worth after 4 years? 705.79
$491
£374.51
610.5
814.45
187.32
1006.10
If compounded and assuming the amount was 3180 dollars, it would be 784 dollars.
At 4% annual interest compounded monthly, it's 96 periods of 1/3% each.300 x (1.00333...)96 = 412.92 (rounded)
The rate is 15.56%. The amount invested is irrelevant in this calculation.
With compound interest - the balance after 7 years would be 26336.18
125 x (1.08)^14 = 367.15 If 125 is in cents, then to the nearest cent it is 367 If 125 is in dollars, then to the nearest cent it is as above, namely 367.15