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If you invest $8000 your bank may provide 3-4% annually which makes your investment be worth 10000 in 7 years. The same result is probable if you invest in high-grade bonds. A stock market investment (mutual funds) usually return 8-10% a year. The possibility of losing money over such a long period is low but present. If you expect the stock markets to develop normally over the next years you can expect a profit of 5000 or a total value of your investment of $13000. Consider that 13000 in seven years won't be worth as much as today. Assuming an inflation rate of 3% you arrive at a value of 11000 compared with today's prices. This shall not be an advice to buy or sell stocks, bonds or other assets. Please consider carefully how and how much you would like to invest and only use capital you can afford to lose, at least partially.
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∙ 11y ago
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If you invest 8000 per period for 7 years at 9 percent how muchwould you have?
Compounded annually, that's 14,624.31
How much will a 1 deposit be worth after 24 years if the interest rate paid by the bank is 7?
about 7$, ur welcome (A+)
How long does foreclosure stay on your credit?
7 years. Lenders will set underwriting guidelines for how much time must pass after a foreclosure before they will lend to you again, but the acutal reporting lasts 7 years. Some lenders will extend credit if the foreclosure is not within the last 2 years, 3 years, or 5 years depending on their policy.
When Valentina invested 6500 in a savings account with a yearly interest of 4 for 7 years how much simple interest did she earn?
1,820-apex test answer
How long do banks keep a record of canceled checks?
The IRS has up to 7 years to audit you. Keep em for 7 years and shred.
If you invest 8000 per period for 7 years at 9 percent how muchwould you have?
Compounded annually, that's 14,624.31
If you invest 8000 at 12 interest how much will you have in 7 years?
interest investments are collected annually (yearly) so you would take 12 % and multiply it by $8000. 8000 x .12 = 960 this means that you collect $960 annually from interest. so then multiply the $960 by your number of years (7). 960 x 7= $6720. Then you would add the interest you received from the investment and add it back to your innitial investment of $8000. 8000 + 6720= $14720.00
How much would you have to invest today in the bank at an interest rate of 8 percent to have an annuity of 4800 per year for 7 years?
7,398,000
What is greater 8000 mL or 7 L?
8000 ml = 8 L
What percent of 8000 is 560?
7%
8000 invested for 7 years at 8 percent compounded annually?
Assuming interest is added at the end of the year, the future value is 13,710.59
How many years does Steven need to invest his 3000.00 at 7 percent to earn 210.00 in simple interest?
One year.
At the age of 18 Albert inherits 100000 from his grandfather One bank offers to invest this money at 10 percent for 5 years A second bank offers a rate of 8 percent for 7 years?
$100,000 at 8% for 7 years
What is 7 percent sales tax of 8000?
560
How do you write 114000000000 70000 8000 7?
114,000,078,007
What is the nearest hundreds place for 8046?
8000
What is 8000 multiplied by 7 divided by 17?
3294.1176470588
