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What is the effective annual rate of 14.9 percent compounded continuously?
It is 14.9 percent.
Suppose you invest 1600 at an annual interest rate of 5.5 percent compounded continuously How much will you have in the account after 25 years?
balls
A student wants to save 8000 for college in five years How much should be put into an account that earns 5.2 percent annual interest compounded continuously?
6,209 compounded at 5.2% for 5 years yields 8,000
What is the effective annual rate of 8 percent interest that is compounded monthly?
0.67 percent
Matt places 1200 in an investment account earning an annual rate of 6.5 percent compounded continuously Determine the amount of money that Matt will have in account after 10 years?
Matt will have $2,298.65.
Related Questions
What is the effective annual rate of 14.9 percent compounded continuously?
It is 14.9 percent.
Suppose you invest 1600 at an annual interest rate of 5.5 percent compounded continuously How much will you have in the account after 25 years?
balls
What is the annual interest rate on 5000 compounded continuously at 6.3 annual interest rate?
I suspect that it will be 6.3!
A student wants to save 8000 for college in five years How much should be put into an account that earns 5.2 percent annual interest compounded continuously?
6,209 compounded at 5.2% for 5 years yields 8,000
Which yields more 8 percent apr compounded monthly or 8.5 percent compounded semi-annual?
8% compounded monthly is equivalent to an annual rate of approx 152% . 8.5% compounded six monthly is equivalent to "only" 17.72% so the first is clearly larger.
What is the effective annual rate of 8 percent interest that is compounded monthly?
0.67 percent
How long will it take for an amount of money invested at an annual rate of 5.75 percent compounded continuously to triple in value?
y = ln(3)/ln(1.0575) = 19.65 years, approx.
How much money will there be in an account at the end of 4 years if 11000 is deposited at a 4.5 percent annual rate that is compounded continuously?
11000*(1.045)^4=$13117.70stop cheating on your math homework
Matt places 1200 in an investment account earning an annual rate of 6.5 percent compounded continuously Determine the amount of money that Matt will have in account after 10 years?
Matt will have $2,298.65.
What is the effective annual rate of 12 percent compounded monthly?
3
What is the effective annual rate for a credit card with a 9.9 percent annual percentage rate that is compounded daily?
The effective annual rate for a credit card that carries a 9.9% annual percentage rate (compounded daily) is 10.4%.
How much would 125 invested at 8 percent annual interest compounded continuously be worth after 16 years?
It would be worth 428.24 if the interest was added on once each year. If the interest were to be compounded monthly rather than annually the value would be 447.67
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