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Suppose 1.500 is invested in a CD for 3 years at a simple interest rate of 4.5 How much will the CD be worth after 3 years?
Wiki User
∙ 16y ago
1,500 dollars
Wiki User
∙ 16y ago
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19 Why is a dollar worth more today than it will be worth tomorrow?
Because the dollar can be invested today and earn interest
What would 160000 invested at 4 per year be worth in 23 years?
If this is compound interest problem, then this would be worth approximately 394,354 dollars in 23 years. You can use an online compound interest calculator to figure this out or use the formula 160000 x(1.04) raised to the 23 power.
How much would 200 invested at 6 percent interest compounded annually be worth after 6 years?
Your yearly worth in the bank account that had 200 dollars invested @ 6% rate of interest for 6 years would be: a. end of year 1 - 212 b. year 2 - 224.72 c. year 3 - 238.20 d. year 4 - 252.495 e. year 5 - 267.645 f. year 6 - 283.70
What would 10000 dollars invested in 1982 be worth today?
71,129
How much would 10000 invested in 1971 be worth today?
From $0 to take a guess. It would depend on where it was invested. If it were the stock market then what stock? Not enough information to give any type of answer.
How much would 140 invested at 6 percent interest compounded annually be worth after 15 years Round your answer to the nearest cent?
How much would $500 invested at 9% interest compounded annually be worth after 4 years? 705.79
19 Why is a dollar worth more today than it will be worth tomorrow?
Because the dollar can be invested today and earn interest
How much would 400 invested at 7 percent interest compounded continuously be worth after 2 years?
It will be worth 457.96
How much would 100 invested at 10 percent interest compounded continuously be worth after 15 years?
It will be worth 417.72, approx.
How much would 100 invested at 6 interest compounded annually be worth after 20 years?
320.71
What is one thousand dollars from 1900 worth in 2012?
It depends on how you are evaluating it. For example, was it invested and drawing interest?
How much would 200 invested at 6 percent interest compounded annually be worth after?
Period not specified. After 1 year it will be worth 212.
How much would 200 invested at 6 percent interest compounded annually be worth after 5 years?
267.65
How much would 400 invested at 9 percent interest compounded continuously be worth after 3 years?
523.97
How much would 500 invested at 8 percent interest compounded continuously be worth after 3 years?
635.61
How much would 500 invested at 6 percent interest compounded monthly be worth after 4 years?
635.24
How much would 200 invested at 5 percent interest compounded monthly be worth after 9 years?
313.37
