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What else can I help you with?
How do pensions compare in terms of benefits and investment options?
Pensions typically offer guaranteed benefits based on salary and years of service, while investment options are managed by the pension fund. Individual retirement accounts offer more flexibility in investment choices but do not guarantee a specific benefit amount.
Who. Find the amount at the end and the interest made on an investment of 6 400 compounded at 8.5 per annum for 5 years?
The at 8.5%, the investment increases, every year, by a factor of 1 + 8.5/100, that is, by a factor of 1.085. The total amount of money you get at the end of five years, then, is 6400 x 1.085^5 (the "^" means "power"). If you subtract the initial capital from that, what remains is the interest earned.
What ROI will you need in order to double your money in 12 years?
To double your money in 12 years, you would need a return on investment (ROI) of approximately 6.17 per year.
In which situation would a certificate of deposit (CD) be the best investment to earn interest?
A certificate of deposit (CD) would be the best investment to earn interest when you want a guaranteed return and are willing to lock in your money for a specific period of time, typically ranging from a few months to several years.
How much money will an account have if 600 is invested in an interest rate of 6.5 percent compounded annually for the 3 years?
To calculate the future value of an investment compounded annually, you can use the formula: ( A = P(1 + r)^n ), where ( A ) is the amount of money accumulated after n years, ( P ) is the principal amount (initial investment), ( r ) is the annual interest rate, and ( n ) is the number of years. Here, ( P = 600 ), ( r = 0.065 ), and ( n = 3 ). Plugging in the values: ( A = 600(1 + 0.065)^3 ) Calculating this gives ( A \approx 600(1.207135) \approx 724.28 ). Therefore, the account will have approximately $724.28 after 3 years.
Definition of Average Rate of Return?
Method of investment appraisal which determines return on investment by totaling the cash flows (over the years for which the money was invested) and dividing that amount by the number of years.
How much money will you have saved in 15 years if you put in 2500 at a 3.5 percent interest rate?
To calculate the future value of an investment, you can use the formula for compound interest: ( A = P(1 + r)^n ), where ( A ) is the amount of money accumulated after n years, ( P ) is the principal amount (initial investment), ( r ) is the annual interest rate, and ( n ) is the number of years. For a $2,500 investment at a 3.5% interest rate over 15 years, the calculation would be ( A = 2500(1 + 0.035)^{15} ). This results in approximately $4,147.53 after 15 years.
What is net investment?
total investment less the amount of investment goods used up in producing the years output
How much would 500 invested compounded continuously be worth after 3 years?
To calculate the future value of an investment compounded continuously, you can use the formula ( A = Pe^{rt} ), where ( A ) is the amount of money accumulated after time ( t ), ( P ) is the principal amount (initial investment), ( r ) is the annual interest rate, and ( t ) is the time in years. Without a specific interest rate, I cannot provide an exact value. However, if you have an interest rate, you can plug it into the formula to find the future value after 3 years.
Return On Investment in fmcg?
Return on investment is the amount that you get back for investing in something. The formula is ROI=(Profit *100)/(Investment * number of years.)
What is good about diamonds?
Diamonds can be a good investment; they'll generally hold their value over time. For example, if you spent US$50,000 today on an automobile, within 20 years, your investment would be worth close to zero. However, if you spent the same amount of money on a high-quality diamond, in 20 years, your investment would probably be at least equal to the amount you paid for it, if not worth more.
Matt places 1200 in an investment account earning an annual rate of 6.5 percent compounded continuously Determine the amount of money that Matt will have in account after 10 years?
Matt will have $2,298.65.
How do pensions compare in terms of benefits and investment options?
Pensions typically offer guaranteed benefits based on salary and years of service, while investment options are managed by the pension fund. Individual retirement accounts offer more flexibility in investment choices but do not guarantee a specific benefit amount.
How much would 500 invested at 7 interest compounded annually be worth after 4 years?
To calculate the future value of an investment with compound interest, you can use the formula ( A = P(1 + r)^n ), where ( A ) is the amount of money accumulated after n years, ( P ) is the principal amount (initial investment), ( r ) is the annual interest rate (as a decimal), and ( n ) is the number of years. For an investment of $500 at a 7% interest rate compounded annually over 4 years: ( A = 500(1 + 0.07)^4 \approx 500(1.3108) \approx 655.40 ). So, the investment would be worth approximately $655.40 after 4 years.
Who. Find the amount at the end and the interest made on an investment of 6 400 compounded at 8.5 per annum for 5 years?
The at 8.5%, the investment increases, every year, by a factor of 1 + 8.5/100, that is, by a factor of 1.085. The total amount of money you get at the end of five years, then, is 6400 x 1.085^5 (the "^" means "power"). If you subtract the initial capital from that, what remains is the interest earned.
How are logarithms used in finance to calculate compound interest and investment growth?
Logarithms are used in finance to calculate compound interest and investment growth by helping to determine the time it takes for an investment to double in value. This is done by using the formula A P(1 r/n)(nt), where A is the amount of money accumulated after n years, P is the principal amount, r is the annual interest rate, n is the number of times that interest is compounded per year, and t is the number of years the money is invested for. Logarithms are used to solve for the variable t in this formula, allowing investors to predict how long it will take for their investment to double in value.
How many year do you have to be living together before you have legal rights to property and money?
there is no specific amount of years, you have to file a case if you want to do so.
