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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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Earn +20 ptsQ: What is 5000 compounded annually at 4 percent for 5 years?
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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
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
John inherited 5000 from his grandfather. He put it in a savings account to buy a car when he turns 16. John is 13 right now. If his savings account earns 7 over the next 3 years how much will be in t?
Compounded annually, that's 6125.22
What is the payback on 5000 with 10 percent interest for 3 years?
It is 6655.
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