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Invest at an amount of 200000 at a bank that offers an interest rate of 7,6%p.a

Compounded annually for a period of 3 years

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Tsholow Mokhai

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2y ago
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Tsholow Mokhai

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6083.26

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Q: What is 5000 compounded annually at 4 percent for 5 years?
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5000 compounded annually at 6 percent for 5 years?

7,093 * * * * * No, that is for 6 years. For 5 years it is 5000*(1.06)5 = 6691.13


Calculate the future value of 5000 compounded annually ay 6 percent for 5 years?

5000 x (1.06)5 = 5000 x 1.338 = 6691.13


5000 invested for 25 years at 10 compounded annually?

4500233.00


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.


What is 5000 dollars compounded semiannually at 6 percent for 5 years?

5000 x (1.03)10 = $6719.58


5000 loan at 4 percent annually for six years?

1200


What is 5000 compounded quarterly at 6 percent for 5 and a half years?

It is 5000*(1.06)4*11/2 = 5000*1.0622 = 5000*3.064 approx = 18017.69 You realise, of course, that 6 percent quarterly is equivalent to over 26% per year!


What is the compound amount if you borrow 5000 at 12 percent APR compunded annually for 8 years?

Your going to fail the test.


You opened a savings account with the deposited 5000 in a six percent interest rate compounded daily what is the amount in the account after 180 days?

If you opened a savings account and deposited 5000 in a six percent interest rate compounded daily, then the amount in the account after 180 days will be 5148.


If each year you deposit 5000 dollars in an account that earns 8 percent each year compounded annually how much will you have after 30 years?

Using excel FV function all added monies & interest paid @ end of period 5000 invested @ 8% /year for 30 yr no additional monies 50,313.28 with 5000 added end of each year 662,042.62 with 5000/12 added end of each month 679,801.64 with 5000/24 added twice a month 680,679.68


If you invest 5000 at 1.8 percent for 5 years compounded semiannually what is the amount in the account at the end of 5 years?

You should have 5976.51 provided the fractional units of interest earned are also rolled into the capital.


What is the present value of 5000 received in two years if the interest rate is 7 percent?

Assuming interest is compounded annually, the present value is 5,000 divided by 1.072 .07 is the intererst rate. The exponent is the number of years (2). So the answer is 4,367.20. After the first year, the value is 4367.20 x 1.07 = 4,672.90 Then, at the end of the second year: 4,672.90 x 1.07 = 5,000