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Each quarter, the capital increases by a factor of (1 + 7.5/4), so in 32 quarters, the capital will increase by a factor of (1 + 7.5/4)^32. Calculate this factor, then divide the final amount by this factor.

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Except that's 7.5 percent. Each quarter, the investment will increase by 1.01875

1.01875^32 is about 1.812

19000/1.812 is about $10485.65

Q: In 8 years Pat wants to have 19000 available to buy a car. How much should he invest today if the interest rate is 7.5 percent compounded quarterly. Please show your work?

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$491

It makes a difference how often the interest is compounded, and you haven't given that information. If it's compounded annually, then your 10,000 becomes 12,762.82 after 5 years. If it's compounded quarterly, then it becomes 12,820.37 . If it's compounded "daily", then it becomes 12,840.03 . If it's "simple" (uncompounded) interest, then 10,000 swells to a full 12,500 in 5 years.

0.67 percent

You would have 2,294,862.92.However, 14% each quarter, compounded quarterly, is equivalent to 68.9% annually. You are unlikely to find such a return legitimately.

If it is not compounded the interest would be 2000x10x.05=1000 If it is compounded then it is different.

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$194.25 if interest is compounded annually. A little more if compounded quarterly, monthly, or daily.

Since the annual interest rate is given, the fact that the interest is calculated and compounded quarterly is not relevant. The interest is 750000*2.5/100 = 18750 pesos.

$44,440.71

8 percent compounded quarterly is equivalent to approx 36% annually. At that rate, after 3 years the ending balance would be 1762.72 approx.

$491

compounded annually--$43,219 compounded quarterly--$44,402 compounded monthly-- $44,677 compounded daily--$44,812

1 x (1.03)40 = 3.26

That depends on how the interest works.Is it simple interest ? Is it compound interest ?If compound, then how often is it compounded ?8% simple interest turns $2 into $40 in 237.5 years .8% compound interest, compounded quarterly, does the job in 37.8 years .As you can see, it makes quite a difference.

Roughly 11,669.70

If interest is 2.75% per annum and is compounded quarterly, then aninitial investment of $2,000 will amount to $2,630.58after 10 years.

750 invested for 10 years at 10% pa would be 1,945

14.651