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Calculate the accumulated value of an investment of 2000 at 6 percent compounded annually for 35 years?
Wiki User
∙ 13y ago
To calculate compound interest:
final_value = (1 + rate/100)periods x amount
So for amount = 2000, at a rate = 6% per year over a period of 35 years you get:
final_value = (1 + 6/100)35 x 2000
= 1.0635 x 2000
~= 15372.17
Wiki User
∙ 13y ago
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Find the accumulated value of an investment of 25000 for 7 years at an interest rate of 4 percent if the money is compounded semiannually?
25000 x (1.02)14 = 32976.97. For comparison, compounded annually would give 25000 x (1.04)7 = 32898.29, not a huge difference but worth having!
How much interest is earned for the investment 20 000 for 2 years at 6 percent compounded annually?
Interest = 2472
How many years will it take for an investment to double if the interest rate is 8 percent per year compounded annually?
11 years
How much would 15000 dollars invested at 8 percent interest compounded annually be worth after 6 months?
If the interest is compounded annually, then the first interest payment isn't added until the end of the first year. Until then, the investment is worth exactly $15,000.00 .
What rate of interest compounded annually is required to triple an investment in 3 years?
Approx 44.225 % The exact value is 100*[3^(1/3) - 1] %
Find the accumulated value of an investment of 25000 for 7 years at an interest rate of 4 percent if the money is compounded semiannually?
25000 x (1.02)14 = 32976.97. For comparison, compounded annually would give 25000 x (1.04)7 = 32898.29, not a huge difference but worth having!
What is the effective annual return for an investment that pays 10 percent compounded annually?
It might just be 10%.
What is For an investment of 20 000 at 7.2a compounded semi-annually for 7 years what is the final amount.?
It is 52936.72
How long does an investment earning 9 percent take to double in value?
8.0432 years (rounded) if compounded annually.
How much interest is earned for the investment 20 000 for 2 years at 6 percent compounded annually?
Interest = 2472
How many years will it take for an investment to double if the interest rate is 8 percent per year compounded annually?
11 years
How much would 15000 dollars invested at 8 percent interest compounded annually be worth after 6 months?
If the interest is compounded annually, then the first interest payment isn't added until the end of the first year. Until then, the investment is worth exactly $15,000.00 .
What is the formula to calculate 1000 invested at 8 percent for 5 years?
Assuming interest is compounded annually, 1000*(1.08)5
What rate of interest compounded annually is required to triple an investment in 3 years?
Approx 44.225 % The exact value is 100*[3^(1/3) - 1] %
Which is the better investment 8.5 percent compounded monthly or 9.1 percent compounded annually?
Answer: 9.1% At 8.5% principal grows by (1+(.085/12))^12 = 1.0884 times in one year which is less than investing at 9.1%.
How much would 500 invested at 9 interest compounded annually be worth after 4 years?
Left alone, that investment would be worth 705.79 after four years.
How To calculate the interest to be deducted from the loan of 20000 which is to be paid within 2years at the rate of 10?
If the rate is 10% interest on a $20,000 loan for two years, interest will be $4,428.06 if compounded continuously. If compounded annually, it would be $4,200.
