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Assuming you meant annual compounding, this means 500 + (500).06 + (500).062 (convergent).
500 + 500(.06) + 500(.06)2 = 500 + 30 + 1.8 = 531.8.
Thus 531.80 is the end value.
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∙ 14y ago
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How much would 400 invested at 7 percent interest compounded continuously be worth after 2 years?
It will be worth 457.96
What is 0.4 percent of 500?
0.4 percent of 500 is 2.
Find the future value of 5200 at 7 34 percent compounded quarterly for 7 12 years Ignore leap years?
7-3/4 percent compounded quarterly = 1.9375 percent paid each period. 7-1/2 years = 30 periods The future value of $1 = (1.019375)30 = $1.77836 (rounded) The future value of $5,200 = (5,200 x 1.77836) = $9,247.46
How much time will a 500 investment need to earn 100 in interest at a rate of 10 percent per year?
2 years. 10% of 500 is 50.
Matthew invests 1000 at 8 percent compounded annually for 2 years Find the compound interest?
Total after 2 years = 1000*(1.08)2 = 1000*1.1664 =1166.40 So interest = Total - Inirial capital = 1166.40 -1000 = 166.40
What is compound interest on 15000 at 6 percent compounded annually for 2 years?
1257
What is 250 at 2.5 percent for two years?
With the interest compounded, it is 250*(1.025)2 = 262.66
What is the answer 60000 deposit at an annual rate 12 percent compounded fo 2 years?
60000 x (1.12)2 = 75264
What is 1030 at 4 percent compounded annually for 2 years?
1030*(1.04)2 = 1114.048 and I bet a banker will round it DOWN to 1114.04
How much interest is earned for the investment 20 000 for 2 years at 6 percent compounded annually?
Interest = 2472
The price of 4500 in 7 years with 2 percent rate at compounded semiannually?
4500 x (1.01)14 = 5172.63
How much would 400 invested at 7 percent interest compounded continuously be worth after 2 years?
It will be worth 457.96
What is 20000 in 5 years with 7 percent interest compounded semiannually?
After 5 years, 20000 at 7% per annum compounded semiannually will be 20000*(1 + 0.5*7/100)2*5 = 20000*(1.035)10 = 28211.98
What is 600 at 5 percent for 2 years?
Five percent of 600 is 30. If that's a savings account compounded yearly, you would have 630 after one year and 661.50 after two.
Express 10 as percent of 2?
10 is 500 percent of 2.
What is 0.4 percent of 500?
0.4 percent of 500 is 2.
How much interest is earned for the investment for 20000 for 2 years at 6 percent compounded annually?
Total value = 20000*(1.06)2 = 22472 So interest = 2472
