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Earn +20 ptsQ: What is 1.00 compounded 3 percent annually for 100 years?
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What is the present value of 100 to be received at the end of two years if the discount rate is 12 percent?
If it's 12% per year, compounded annually, then it is: 100 * (1 + 0.12)-2 = 79.72
How long would it take 100 to double 5 percent?
As a rough guide to double any amount compounded annually, divide 70 by the interest rate. In this case that is 14 years.
If each year you deposit 5000 dollars in an account that earns 8 percent each year compounded annually how much will you have after 18 years?
You will have 5000 dollars × (1 + 8/100)18 = 19,980 dollars.
How much would 100 invested at 8 percent interest compounded continuously be worth after 15 years?
332.01
What rate of interest compounded annually is required to triple an investment in 3 years?
Approx 44.225 % The exact value is 100*[3^(1/3) - 1] %
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