0
How much would 100 invested at 8 percent interest compounded monthly be worth after 6 years Round your answer to the nearest cent Do not include units in your answer?
Updated: 11/3/2022
Wiki User
∙ 11y agoBest Answer
Unless I miss my guess, this certainly sounds like a test question
or a homework assignment to me.
If that's true, then it has no place here. This site doesn't do your
homework for you. That would be mean and cruel,. since it would
steal a chance to learn something from you.
Wiki User
∙ 11y agoThis answer is:
Add your answer:
Earn +20 ptsQ: How much would 100 invested at 8 percent interest compounded monthly be worth after 6 years Round your answer to the nearest cent Do not include units in your answer?
Write your answer...
Submit
Still have questions?
Continue Learning about Math & Arithmetic
150 if invested for three years at a 9 percent interest rate?
$194.25 if interest is compounded annually. A little more if compounded quarterly, monthly, or daily.
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
What is the monthly return of 1000 invested in saving account with 5.8 monthly interest?
If you mean 5.8% annual interest rate compounded monthly, then (1000*.058)/12 = 4.83
How much would 400 invested at 9 percent interest compounded monthly be worth after 4 years?
572.56
How much would 100 invested at 9 percent interest compounded monthly be worth after 7 years?
187.32
Related questions
150 if invested for three years at a 9 percent interest rate?
$194.25 if interest is compounded annually. A little more if compounded quarterly, monthly, or daily.
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
What is the monthly return of 1000 invested in saving account with 5.8 monthly interest?
If you mean 5.8% annual interest rate compounded monthly, then (1000*.058)/12 = 4.83
How much would 500 invested at 6 percent interest compounded monthly be worth after 4 years?
635.24
How much would 200 invested at 5 percent interest compounded monthly be worth after 9 years?
313.37
How much would 200 invested at 4 percent interest compounded monthly be worth after 30 years?
648.68
How much would 400 invested at 9 percent interest compounded monthly be worth after 4 years?
572.56
How much would 100 invested at 9 percent interest compounded monthly be worth after 7 years?
187.32
How much would 100 invested at 8 percent interest compounded monthly be worth after 6 years?
161.35
How much would 200 invested at 8 percent interest compounded monthly be worth after 6 years?
322.7
How much would 200 invested at 7 percent interest compounded monthly be worth after 5 years?
283.52
Copyright ©2024 Infospace Holdings LLC, A System1 Company. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Answers.