This was answered by a 6th grader.
Example-
Principal - 100
Intrest Rate - 5%
Time in years - 3
100 x .05 = 5
5 x 3 = 15
Chat with our AI personalities
200 invested at 10 % intrest compounded couniusliy be worth after 10 years
Treasury Notes
boyh of his children should get an equalamount when theyare 20years old.howmuch he should devide the money if it is to be deposited in a bank giving 9% compound intrest per annum
This will depend greatly on how long of a CD you are looking to invest in. The longer the investment the higher the intrest rate. These rates are something that would change on a daily basis.
Very simple. Do nothing!Very simple. Do nothing!Very simple. Do nothing!Very simple. Do nothing!