0
Pierce currently has 10000 What was the value of his money five years ago if he has earned 5 percent interest each year?
Updated: 4/28/2022
Add your answer:
Earn +20 ptsQ: Pierce currently has 10000 What was the value of his money five years ago if he has earned 5 percent interest each year?
Write your answer...
Submit
Still have questions?
Continue Learning about Other Math
How much interest is earned for the investment 20 000 for 2 years at 6 percent compounded annually?
Interest = 2472
1000 dollars in a savings account pays 7 percent interest per year The interest earned after the first year is added to the account How much interest is earned on the new principal the following year?
$74.90
After 2 years Deion earned 270 in simple interest from a CD into which he initially deposited 6000. What is the annual interest rate of the CD?
2.25 percent apex
What is the simple interest earned on an investment of 350 at 2.5 percent for 5 years?
350*0.025*5 = 43.75
If 3000 is invested at 7 percent for 6 months how much simple interest is earned?
7% of 3,000 for 6 month
Related questions
Investing 450.00 at 3.5 percent annual interest or 400.00 at 4.5 percent annual interest What is the difference in the amount of interest that could be earned?
2.25
What is the percent charged or earned on an amount of money?
Rate of interest.
What is the percent of the princaple earned as interest in one year called?
The annual (or annualised) interest rate.
How much interest will be earned on an investment of 8000 at 10 percent simple interest for 3 years?
$2400
How much interest will be earned on 1250 at a 5 percent interest annually?
5% ($72.50) per year.
How much interest is earned for 1 years 20000.00 at 2 percent?
400.
How many simple interest will be earned on 320 saved for four years at twelve percent and a half interest?
It will be 160.
How much interest will be earned if 20000 is deposited in a bank at 6 percent interest?
6 ÷ 100 × 20000 = 1200
How much interest is earned for the investment 20 000 for 2 years at 6 percent compounded annually?
Interest = 2472
Invested 1550 at 6.5 percent interest earned 302.25 interest after t years What is the value of t?
T = 3yrs
1000 dollars in a savings account pays 7 percent interest per year The interest earned after the first year is added to the account How much interest is earned on the new principal the following year?
$74.90
How much interest is earned 1000 x 2.5 percent for 8years?
200 intrest
Copyright ©2024 Infospace Holdings LLC, A System1 Company. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Answers.