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The face value will be 1776.29

The face value will be 1776.29

The face value will be 1776.29

The face value will be 1776.29

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βˆ™ 2014-07-06 11:12:03
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What follows a linking or action verb

A mathematical expression of a natural law

A letter that is used in place of a numeral

The result of division

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The face value will be 1776.29

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Q: What would be the value of a savings account started with 1200 earning 4 percent compounded annually after 10 years?
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Related questions

How long does an investment earning 9 percent take to double in value?

8.0432 years (rounded) if compounded annually.


If you deposit 10000 in a bank account that pays 10 percent interest annually how much would be deposited in your account after 5 years?

$16,105.10 if compounded yearly, $16,288.95 if compounded semi-annually, $16,386.16 if compounded quarterly, $16,453.09 if compounded monthly, and $16,486.08 if compounded daily.


What would be the ending balance of a 700 savings account earning 8 percent interest compounded quarterly after 3 years?

8 percent compounded quarterly is equivalent to approx 36% annually. At that rate, after 3 years the ending balance would be 1762.72 approx.


Is the return of 12 percent compounded annually is the same as a return of 1 percent per month?

Only if the 1% per month is compounded annually and not monthly.


June deposited 8450 in an account that pays 6 percent interest compounded annually find the amount she will have in the account at the end of 8 years?

13468.02


Roxanne deposited 300 into a savings account earning 5ΒΌ percent annually What is her balance after 1 year?

315.75


5 percent interest compounded annually means percent paid every?

year


If a Bank account has a nominal annual rate of 7.23 percent compounded annually how many years will it take to double your money?

10 years


What is 6000 compounded annually at 6 percent for 5 years?

8029.35


What would be the ending balance of a 235 savings account earning 5 percent interest compounded annually after 2 years?

It would be 259.0875 so, I would guess most banks would round that DOWN to 259.08 rather than up.


How many years to use up 400000.00 earning 4 percent interest taking 24000 a year?

Assuming interest compounded annually, at the end of 29 years there will be only 270 in the account so it will not be possible to take 24000 in the 29th year.


What will 10000 be worth in 30 years at 5 percent?

compounded annually--$43,219 compounded quarterly--$44,402 compounded monthly-- $44,677 compounded daily--$44,812

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