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∙ 14y ago
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What is 5000 compounded quarterly at 6 percent for 5 and a half years?
It is 5000*(1.06)4*11/2 = 5000*1.0622 = 5000*3.064 approx = 18017.69 You realise, of course, that 6 percent quarterly is equivalent to over 26% per year!
1400 for 6 years at 16 percent compounded quarterly?
1400*(1.16)4*6 = 1400*1.1624 = 49330.98 (approx). Are you sure it is 16% quarterly? That is 81% annually!
If a Principal of 12000 is invested in an account paying an annual interest rate of 10 percent what is the amount in the account after 6 years if the account is compounded quarterly?
Quarterly compounding means 1/4 of the annual interest rate is paid 4 times a year.In 6 years, you get 2.5 percent 24 times.(1.025)24 = 1.80873 (rounded)Your $12,000 has then grown to (12,000 x 1.80873) = $21,704.71 .Can I send you some money to add to the account for me ?
What 6 times (3 times 4)?
6 times (3 times 4) = 72
What is 4 and 1 half times 6?
4 and 1/2 times 6 is 4 times 6 + 1/2 times 6 = 24 + 3 = 27
What is 5000 compounded quarterly at 6 percent for 5 and a half years?
It is 5000*(1.06)4*11/2 = 5000*1.0622 = 5000*3.064 approx = 18017.69 You realise, of course, that 6 percent quarterly is equivalent to over 26% per year!
1400 for 6 years at 16 percent compounded quarterly?
1400*(1.16)4*6 = 1400*1.1624 = 49330.98 (approx). Are you sure it is 16% quarterly? That is 81% annually!
If a Principal of 12000 is invested in an account paying an annual interest rate of 10 percent what is the amount in the account after 6 years if the account is compounded quarterly?
Quarterly compounding means 1/4 of the annual interest rate is paid 4 times a year.In 6 years, you get 2.5 percent 24 times.(1.025)24 = 1.80873 (rounded)Your $12,000 has then grown to (12,000 x 1.80873) = $21,704.71 .Can I send you some money to add to the account for me ?
What is 4 times 4 times 4 times 4 times 8 times 8 times 8 times 8 times 6 times 6 times 6 times 6?
1358954496
The thing which comes once in a year twice in 6 months 4 times in a month 6 times in a week?
letter e
4 times 6?
4 times 6 = 24
After 6 years what is the total amount of a compound interest investment of 35000 at 4 percent interest compounded quarterly?
$44,440.71
What 6 times (3 times 4)?
6 times (3 times 4) = 72
What is 4 and 1 half times 6?
4 and 1/2 times 6 is 4 times 6 + 1/2 times 6 = 24 + 3 = 27
How many times does 6 into 24?
4 times because 24/6 = 4
Which thing comes four times in a day and one times in a year?
answer is Six Hours as a year consist of 365 days and 6 hours so it is once in a year secondly in a 24 hrs day 6 hours will come 4 times in a single day.
What is 4 times greater than 6?
6*4 = 24 is 4 times as great.
