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What is the annual interest rate on 5000 compounded continuously at 6.3 annual interest rate?
Wiki User
∙ 9y ago
I suspect that it will be 6.3!
Wiki User
∙ 9y ago
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If 5000 is invested at an annual interest rate of 9 percent compounded continuously. How much is available after 7 years?
Principal amount 5,000 Interest rate 9 percent per year = 0.09 Continuous compounding Number of years 7 Future value = P e^rt Future value = (5000) e^(0.09)(7) Amount after 7 years = $9,388.05
On a 5000 annuity compounded daily what would be the annual percentage rate?
Depends on the daily percentage rate.
Find the present value of 5000 if the innterest paid is at a rate of percent 7 compounded continuosly for 4 years?
The formula to calculate the present amount including compound interest is A = P(1 + r/n)nt where P is the principal amount, r is the annual rate expressed as a decimal , t is the number of years, and n is number of times per year that interest is compounded. In the question, P = 5000, r = 0.07, t = 4, and n = 1 A = 5000(1 + 0.07)4 = 5000 x 1.074 = 5000 x 1.310796 = 6553.98
You invest 5000 in a Certificate of Deposit and receive annual interest of 8 percent for 7 years How much interest will investment earn during this period?
Certificates of Deposit (CDs) may allow interest to be paid out annually. Alternatively, the annual interest can be accumulated and compounded until maturity. The choice must be made at the point of taking out the CD.Annual payment of interest: On each anniversary date the annual interest is paid by transferring it to your current account or to a savings account etc of your choice. This means there is no compounding of interest, year on year.Calculation:5000 at 8 percent is 400. You will receive 400 each year, for 7 years, a total of 2,800.Interest compounded and paid at maturity:Statement of end of year values including interest, at end of year:5400.005,832.006,298.566,802.447,346.647,934.378,569.12At the end of year 7 the total payout will be 8,569.12 i.e. 5000 initial deposit + 3,569.12 total interest earned.NOTE: These calculations assume that no tax is deducted at source.For more information, see Related links below
What is the total compound interest of a loan for 5000 with an annual interest rate of 8 percent at the end of a two-year period?
It is 832 units of currency.
If 5000 is invested at an annual interest rate of 9 percent compounded continuously. How much is available after 7 years?
Principal amount 5,000 Interest rate 9 percent per year = 0.09 Continuous compounding Number of years 7 Future value = P e^rt Future value = (5000) e^(0.09)(7) Amount after 7 years = $9,388.05
On a 5000 annuity compounded daily what would be the annual percentage rate?
Depends on the daily percentage rate.
Find the present value of 5000 if the innterest paid is at a rate of percent 7 compounded continuosly for 4 years?
The formula to calculate the present amount including compound interest is A = P(1 + r/n)nt where P is the principal amount, r is the annual rate expressed as a decimal , t is the number of years, and n is number of times per year that interest is compounded. In the question, P = 5000, r = 0.07, t = 4, and n = 1 A = 5000(1 + 0.07)4 = 5000 x 1.074 = 5000 x 1.310796 = 6553.98
You opened a savings account with the deposited 5000 in a six percent interest rate compounded daily what is the amount in the account after 180 days?
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.
You invest 5000 in a Certificate of Deposit and receive annual interest of 8 percent for 7 years How much interest will investment earn during this period?
Certificates of Deposit (CDs) may allow interest to be paid out annually. Alternatively, the annual interest can be accumulated and compounded until maturity. The choice must be made at the point of taking out the CD.Annual payment of interest: On each anniversary date the annual interest is paid by transferring it to your current account or to a savings account etc of your choice. This means there is no compounding of interest, year on year.Calculation:5000 at 8 percent is 400. You will receive 400 each year, for 7 years, a total of 2,800.Interest compounded and paid at maturity:Statement of end of year values including interest, at end of year:5400.005,832.006,298.566,802.447,346.647,934.378,569.12At the end of year 7 the total payout will be 8,569.12 i.e. 5000 initial deposit + 3,569.12 total interest earned.NOTE: These calculations assume that no tax is deducted at source.For more information, see Related links below
What is 5000 compounded annually at 4 percent for 5 years?
Invest at an amount of 200000 at a bank that offers an interest rate of 7,6%p.a Compounded annually for a period of 3 years
If a person invest 5000 then how much he will earn in a month?
It would depend on whether it is compounded yearly (or mothly) or continuously: I would use equation Pe^(rt) P is starting investment, 5000 in this case r is rate t is time
What is the total compound interest of a loan for 5000 with an annual interest rate of 8 percent at the end of two year period?
$432
What is the total compound interest of a loan for 5000 with an annual interest rate of 8 percent at the end of a two year period?
$432
How much interest is earned on the account?
A $5000 investment at an annual simple interest rate of 4.4% earned as much interest after one year as another investment in an account that earned 5.5% annual simple interest. How much was invested at 5.5%?
How much will you have in 10 years if you deposit 5000 today and earn 8 percent annual interest?
10795
What is the total compound interest of a loan for 5000 with an annual interest rate of 8 percent at the end of a two-year period?
It is 832 units of currency.
