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Your yearly worth in the bank account that had 200 dollars invested @ 6% rate of interest for 6 years would be: a. end of year 1 - 212 b. year 2 - 224.72 c. year 3 - 238.20 d. year 4 - 252.495 e. year 5 - 267.645 f. year 6 - 283.70
7954/- At the end of 5 years - 2928/- At the end of 10 years - 4715/-
The final amount is $1,647.01
If you opened a savings account and deposited 5000 in a six percent interest rate compounded daily, then the amount in the account after 180 days will be 5148.
$156.08
4000 x (1.0610) = $7163.39
There is 936.76
At the end of the year the interest is deposited in the account. The next year the interest is figured on the principal plus last year's interest.
Yes. Currently it is 8.6% per annum compounded annually
$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.
13468.02
If you mean 5.8% annual interest rate compounded monthly, then (1000*.058)/12 = 4.83
The total value of the deposit will be $1248.929 at the end of 5 years. The year wise ending balance would be:918991.441070.7551156.4161248.929 This is under the assumption that the interest of 8% is compounded annually.
Your yearly worth in the bank account that had 200 dollars invested @ 6% rate of interest for 6 years would be: a. end of year 1 - 212 b. year 2 - 224.72 c. year 3 - 238.20 d. year 4 - 252.495 e. year 5 - 267.645 f. year 6 - 283.70
7954/- At the end of 5 years - 2928/- At the end of 10 years - 4715/-
The final amount is $1,647.01
$62130