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How much would 300 invested at 4 percent interest compounded monthly be worth after 8 years round to the nearest cent.?
Wiki User
∙ 12y ago
At 4% annual interest compounded monthly, it's 96 periods of 1/3% each.
300 x (1.00333...)96 = 412.92 (rounded)
Wiki User
∙ 12y ago
Lily
Lily
$412.92
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How much would 500 invested at 4 percent interest compounded monthly be worth after 5 years. round your answer to the nearest cent do not include units in your answer?
610.5
How much would 140 invested at 6 percent interest compounded annually be worth after 15 years Round your answer to the nearest cent?
How much would $500 invested at 9% interest compounded annually be worth after 4 years? 705.79
How much would 100 invested at 8 percent interest compounded continously be worth after 15 years Round your answer to the nearest cent?
332.01
What would be the amount of compound interest on 8000 invested for one year at 6 percent compounded quarterly round your answer to the nearest dollar?
$491
If 20000 is invested in a savings account offering 3.5 per year compounded continuously how fast is the balance growing after 7 years (Round your answer to the nearest cent.)?
With compound interest - the balance after 7 years would be 26336.18
How much would 500 invested at 4 percent interest compounded monthly be worth after 5 years. round your answer to the nearest cent do not include units in your answer?
610.5
How much would 100 invested at 9 percent interest compounded monthly be worth after 7 years. Round your answer to the nearest cent Do not include units in your answer?
187.32
How much would 140 invested at 6 percent interest compounded annually be worth after 15 years Round your answer to the nearest cent?
How much would $500 invested at 9% interest compounded annually be worth after 4 years? 705.79
How much would 100 invested at 8 percent interest compounded continously be worth after 15 years Round your answer to the nearest cent?
332.01
What would be the amount of compound interest on 8000 invested for one year at 6 percent compounded quarterly round your answer to the nearest dollar?
$491
How much would 300 invested at 7 percent interest compounded continuously be worth after 4 years round youre answer to the nearest cent?
£374.51
How much would 500 invested at 5 percent interest compounded annually be worth after 10 years. round your answer to nearest cent do not include units in your answer?
814.45
How much would 500 invested at 6 percent interest compounded annually be worth after 12 years. Round your answer to the nearest cent Do not include units in your answer?
1006.10
What is the interest earned on 3180 if it is invested at 6.5 percent for 3½ years rounded to the nearest dollar?
If compounded and assuming the amount was 3180 dollars, it would be 784 dollars.
What is the effective rate of 18600 invested for one years at 7.5 compounded semiannually round your answer to the nearest hundredth?
The rate is 15.56%. The amount invested is irrelevant in this calculation.
If 20000 is invested in a savings account offering 3.5 per year compounded continuously how fast is the balance growing after 7 years (Round your answer to the nearest cent.)?
With compound interest - the balance after 7 years would be 26336.18
How much would 125 invested at 8 percent interest compounded annually be worth after 14 years Round your answer to the nearest cent Do not include units in your answer?
125 x (1.08)^14 = 367.15 If 125 is in cents, then to the nearest cent it is 367 If 125 is in dollars, then to the nearest cent it is as above, namely 367.15
