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If you invest 100 today at 5.00 interest pa how much will you have in 1 year?
Wiki User
∙ 14y ago
1 million pounds, go buy a bentley
Wiki User
∙ 14y ago
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Candis took out a pay day loan with an effective interest rate of 15400 if she had $220 to invest for a year at this interest rate how much would she make in interest.?
At 15400% she would make 33880 in interest.
What amount is profited after one year if you invest 1000 per year at 6 percent interest?
6.85
What are advantages of compound interest versus simple interest?
This question applies usually to investment of money in banks, so I shall answer it in this context: If you invest £10,000 in a bank that offers you 5% simple interest per year, you will earn £500 per year, so after 5 years, you will have £12,500. If you invest that same £10,000 in a bank that offers 5% compound interest per year, you will earn the following amounts each year: Year 1: 5% of £10,000 = £500 Year 2: 5% of £10,500 = £525 Year 3: 5% of £11,025 = £551.25 Year 4: 5% of £11,676.25 = £583.81 Year 5: 5% of £12,260.06 = £613.00 TOTAL = £12,873.06 Therefore you have earned £373.06 than you would otherwise, so compound interest earns you more money! Also, compound interest is much easier to calclulate for the banks, as they can calculate the interest from how much you have in your account at the beginning of the year, rather than having to figure out what your starting figure was.
Alfred wants to invest 4000 at 6 percent simple interest rate for 5 years How much interest will he receive?
he will receive $1,200ANSWER:Yes $1,200 is the correct answer but the logic behind it is that, it is using simple interest term means here 6 is representing interest for a year, Inorder to calculate the whole interest we will multiply 6 by 5 years we will get 30%.The total interest he will get $4,000 x 30% = $1,200.
If You invest 5000 in an account at 5.5 per year simple interest. How much will you have in the account after 5 years Round your answer to the nearest whole dollar. A.6252 B.6507 C.6138 D.6375?
It is D = 6375.
How much would you have to invest today in the bank at an interest rate of 8 percent to have an annuity of 4800 per year for 7 years?
7,398,000
How much must you invest today to get 40000 interest annually?
That's going to depend on all of the following: -- what interest rate you can find -- how often the interest on the investment is compounded -- how you take your 40,000 annually ... how much and how often during the year. You haven't included any of that information in the question, so no answer is possible.
Candis took out a pay day loan with an effective interest rate of 15400 if she had $220 to invest for a year at this interest rate how much would she make in interest.?
At 15400% she would make 33880 in interest.
How much to invest to make five thousand dollar in twelve years?
It depends on the rate of interest. Right now (early 2014), a fairly typical rate of interest on a 5 year CD would be around 2% APR. At that interest rate you'd need to invest almost $4000 in order to have $5000 in twelve years. If by "make $5000" you meant "have $5000 more than I had to start with" rather than "have $5000 total", you'd need to invest $18640 today for your interest over twelve years to amount to $5000.
How much money should be invest at ann annual rate of 12 percent in order to earn 300 interest in a year?
2,500
How much would you have to invest today to receive 6000 each year for 10 years at 9 percent?
2532
What amount is profited after one year if you invest 1000 per year at 6 percent interest?
6.85
How much interest would you make off 8 million U.S. dollars in one year?
If the interest rate is 5%, multiply 8,000,000 by 0.05. You would get $400,000 in interest.
What if your firm has a risk-free investment opportunity where it can invest 160000 today and receive 170000 in one year for what level of interest rates is this project attractive?
170000/160000-1= .0625 = 6.25%
Janet invested 26000 part at 6 percent and part at 3 percent if the total interest at the end of the year is 1080 how much did she invest at 6 percent?
$10,000
How much interest do you get from a bank if you invest 150000 dollars at 2.27 percent?
That depends on how often it's compounded. If it's once a year, 2.27 percent of 150000 is 3405.
Absa rates money market?
It is the interest that you receive or make monthly / per year, out of the money that you have invest.
