Now a day everyone searching for extra income but they aren't good methods. the earning is important but don't depend on the free income it's always a risk factor. not too safe. so just search for low-investment platforms. and invest a small amount of investment its will help to grow your investment and always trust longterm Companys .recerntly i joined etor.money . its every good company its has 3700 happy clients and im invested in just invest 10 dollars earn 1500 dollars and referral 50% into direct to your wallet
It is 1019.80
True
What is the future value of $1,200 a year for 40 years at 8 percent interest? Assume annual compounding.
With only one year the value is 11600
Assuming the interest is compounded annually, the future value is 100*(1.04)10 = 100*1.4802 (approx) = 148.02
It depends on the compounding. Simple interest (no compounding), would be the same amount of interest each year. So 2000.00 x 5% = 100.00 each year. So for 10 years is 1000.00If it is compounded annually, thenat the end of the first year you have 2100.00, sothe 2nd year you have 5% on 2100.00 = 105.00, and the total end of 2nd year is 2205.00, thenthe third year you have 5% on 2205.00 = 110.25, so the total at the end of that year the total is 2315.25,Keep going and you have 3257.79, and the interest earned is 1257.79; there is actually a formula to calculate this (for compounding):Future value = (Present value)*(1 + rate)^(term). Which in this case the 5% rate is 0.05, and the term is 10.If it were compounded monthly, then the 10 year term is 120 months, and the rate is 0.05/12, and the answer is 3294.02
No, the future value of an investment does not increase as the number of years of compounding at a positive rate of interest declines. The future value is directly proportional to the number of compounding periods, so as the number of years of compounding decreases, the future value of the investment will also decrease.
The greater the number of compounding periods, the larger the future value. The investor should choose daily compounding over monthly or quarterly.
an investment in the future
College loans help increase future earning power but result in a long-term commitment to monthly payments.
College loans help increase future earning power, but result in a long term commitment to monthly payments.
Future Value = (Present Value)*(1 + i)^n {i is interest rate per compounding period, and n is the number of compounding periods} Memorize this.So if you want to double, then (Future Value)/(Present Value) = 2, and n = 16.2 = (1 + i)^16 --> 2^(1/16) = 1 + i --> i = 2^(1/16) - 1 = 0.044274 = 4.4274 %
Future progressive is -- will + be + present participlewill be earning. eg By this time next year I will be earning twice as much as you.
Yes
monthly compounding is the better way to go, because your money earned through 7% monthly is compounded the next month with the original 7% monthly plus the new amount. Each month there after includes all the previous months and end the end of one year, you are ahead of the amount than a one time 7% annual compound.
The FV function calculates the future value of an investment.
The compound interest formula is FV = P(1+i)^n where FV = Future Value P = Principal i = interest rate per compounding period n = number of compounding periods. Here you will need to calculate i by dividing the nominal annual interest rate by the number of compounding periods per year (that is, i = 4%/12). Also, if the money is invested for 8 years and compounds each month, there will be 8*12 compounding periods. Just plug the numbers into the formula. You can do it!
My question is......can we Americans pool OUR money together for future investment legally?