You would need 9687 dollars.
249.88 dollars
If compounded and assuming the amount was 3180 dollars, it would be 784 dollars.
$125 times (1.08)14 = $367.15 (rounded)
1000 x (1.01)12 = $1126.83
It depends on the interest rate at which the amount is invested.
If 1500 dollars is invested at an interest rate of 3.5 percent per year compounded continuously, after 3 years it's worth $1666.07, after 6 years it's $1850.52, and after 18 years it's worth $2816.42.
249.88 dollars
$280.51
If compounded and assuming the amount was 3180 dollars, it would be 784 dollars.
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 .
4000 x (1.0610) = $7163.39
$125 times (1.08)14 = $367.15 (rounded)
1000 x (1.01)12 = $1126.83
It depends on the interest rate at which the amount is invested.
This is calculated as 500 x 1.094.
72
The answer depends on the rate of interest.