It is 6655.
Depends on how often and when the interest will be paid. typicalle once a year at the end of the year. In that case 5000 * (1.05^3) = 5788.12
$214.68
5000 x 0.06 = 300 300 x 10 = 3000
6 yrs @ 10% = 60% = 3000
Simple interest: 5000 + I = PTR/100 = 5000 + 5000 x 4 x 6/100 = 6200 Compound interest: = 5000 x 1.064 = 6312.38
Simple interest I=Prt = (5000)(0.07)(2) = $700.Compound interest: A=P(1+r)t = 5000(1.07)2 = 5000(1.1449) = $5,724.50;I=A-P = 5,724.50 - 5000 = $724.50
Simple interest I=Prt = (5000)(0.07)(2) = $700.Compound interest: A=P(1+r)t = 5000(1.07)2 = 5000(1.1449) = $5,724.50;I=A-P = 5,724.50 - 5000 = $724.50
It is 6655.
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.
Depends on how often and when the interest will be paid. typicalle once a year at the end of the year. In that case 5000 * (1.05^3) = 5788.12
If you are talking money and interest, then if the interest is simple interest then 5000 = 50 x N x 0.05, hence N = 5000/25 = 200 years If the interest is compounded then 50x(1.05)^N = 5000 Hence (1,05)^N = 100 N x log(1.05) = log(100) ...........(log is to base 10) N = 100/log(1.05) N = 2/0.02118 N = 94.42 years approximately
$214.68
Interest = Rs 408 so capital = 5000. So the simple interest would be 5000*4/100*2 = Rs 400.
50 x 7 x 2 ie 700 Simple Interest; 5000 x (1.07)2 - 5000 ie 724.50 Compound Interest
Amount Deposited = 5000 Rate of Interest = 7.25 Years = 3 Interest earned = 5000 * 7.25 * 3 / 100 = 1087.50 They will have 6087.50 at the end of 3 years (Under the assumption that no compounding was involved)
10795