If I invested 10 000 for 10 years at a 6 interest rate compounded annually how much would I have in 10 years - Suppose that over a six year period accumulated to in an investment certificate in which interest was compounded quarterly find the nominal rate of interest compounded quarterly that was earned state the nominal rate as a percent rounded to two decimal places :: Ask a Question Get an Answer For Free

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A bank deposit paying simple interest at the rate of 5 per year grew to a sum o An investment offers 4 300 per year for 15 years with the first payment occurr Future value of 2000 invested every year for 6 years An investment offers 3 300 per year for 18 years with the first payment occurr

If i invested 10 000 for 10 years at a 6 interest rate compounded annually how much would i have in 10 years?

Suppose that over a six year period accumulated to in an investment certificate in which interest was compounded quarterly find the nominal rate of interest compounded quarterly that was earned state the nominal rate as a percent rounded to two decimal places

Topic: Interest
Asked by: Ahmed1
In Science & Mathematics > Mathematics > Interest

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"3800 principal 2% compounded quarterly..."

3800 principal 2% compounded quarterly? i need explanation please.

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"Mutual funds do not guarantee such earnings per..."

If a person invested $1,000 per month in a mutual fund, given that the fund generates at least 10% per annum then his or her monthly investment of $1,000 will provide earnings amounting to $76, 608 for five years. But of course, mutual funds do not guarantee such earnings per annum but at least mutual fund companies or asset management companies have an estimate of how much their funds generate in a year. It is still within your choice if you are going to opt whether to invest in a riskier fund, which is the equity fund or in a more conservative fund, which is the bond fund.

source: If invested 1000 per month then how much mutual fund give in 5 years?

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 bobmoore5111  said: I just wanted to know how much of a return I would have received if I bought $1000. worth of Silver last year (12 Months ago)  What would be my profit or loss?  Your answer talked about investing 1000 every month for 5 years.

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ericjames

Level 2 (Sophomore)
8 Answers

"If it`s compounded yearly your earned interest is $ 15,927.41..."

You need to check to terms of CD to find how often the interest is compounded. If it`s compounded yearly your earned interest is $ 15,927.41. If it is compounded monthly you will do a little better $ 16,161.68. It is possible that your CD is compounded quarterly or semi-annually. Each of these figures would be somewhere in the middle of the first two. I hope that helped.

source: If i have a cd 100 000 for 5 years interest rate of 3 what is interest after the five yars?

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Anonymous

"The end of this year and subsequent payments that will thereafter grow at a..."

Growing perpetuity: You are evaluating a growing perpetuity product from a large financial services firm. The product promises an initial payment of $20,000 at the end of this year and subsequent payments that will thereafter grow at a rate of 3.4 percent annually. If you use a 9 percent discount rate for investment products, what is the present value of this growing perpetuity?

source: How much will interest rate grow on 25 000 invested?

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billfjr

Level 1 (Contributor)
2 Answers

"You can figure this out easily for any amount or compounded interest rate..."

You can figure this out easily for any amount or compounded interest rate. Simply divide the rate into 72. At 12% your money should double in 6 yrs., at 2% it would double in 36yrs. There you go.

source: How much money invested at an interest rate of 12 per year compounded continuously will amount to 91000 after 15 years?

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paulNivy

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98 Answers, 3 Followers

"Investing in a company with only 5..."

Investing in a company with only 5 percent interest rate will take you a lot of years to earn. Let`s say a company has a five percent interest rate and it is not compounded interest. You will get 2340 for about 6 years which is 1800 times .05 which gives you 90 and times 6 will give you 2340 for 6 years.

source: If i invest 1800 with a 5 percent interest rate how many years would it take me to reach 2340?

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ericjames

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"Man i sure would love to know where you`re getting 19 percent interest...."

3,888,981.04. Man I sure would love to know where you`re getting 19 percent interest.

source: 2million is invested for 3 1/2 years at 19% interest rate. find what this will amount to if interest is compounded continuously?

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diandrad

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"The amount of money accumulated if you invested $25,000 at 4.3% interest for 8..."

Given the fomula: A=Pe r*t find the amount of money accumulated if you invested $25,000 at 4.3% interest for 8 years compounded monthly.

source: How much will interest rate grow on 25 000 invested?

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ericjames

Level 2 (Sophomore)
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91000/e^15(.12)=15,042.22 is what you would need to begin with.

source: How much money invested at an interest rate of 12 per year compounded continuously will amount to 91000 after 15 years?

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Anonymous

If you cant figure out how much per tousand a 5% interest rate costs you should not buy a home - seriously.

source: How would monthly payments be on a thirty five thousand dollar mortgage loan for fifteen years at seven percent interest rate?

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 Someone said: If you can't spell thousand, you shouldn't be an accountant- seriously.

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What has the rate of return been for Curian Tactical Advantage 60 Fund for the past 10 years?

source: What are some of curian capital s rate of return on investment last 5 years?

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If i invested 10 000 for 10 years at a 6 interest rate compounded annually how much would i have in 10 years?

Suppose that over a six year period accumulated to in an investment certificate in which interest was compounded quarterly find the nominal rate of interest compounded quarterly that was earned state the nominal rate as a percent rounded to two decimal places

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If i invested 10 000 for 10 years at a 6 interest rate compounded annually how much would i have in 10 years?

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"3800 principal 2% compounded quarterly..."

"Mutual funds do not guarantee such earnings per..."

"If it`s compounded yearly your earned interest is $ 15,927.41..."

"The end of this year and subsequent payments that will thereafter grow at a..."

"You can figure this out easily for any amount or compounded interest rate..."

"Investing in a company with only 5..."

"Man i sure would love to know where you`re getting 19 percent interest...."

"The amount of money accumulated if you invested $25,000 at 4.3% interest for 8..."

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"3800 principal 2% compounded quarterly..."

"Mutual funds do not guarantee such earnings per..."

"If it`s compounded yearly your earned interest is $ 15,927.41..."

"The end of this year and subsequent payments that will thereafter grow at a..."

"You can figure this out easily for any amount or compounded interest rate..."

"Investing in a company with only 5..."

"Man i sure would love to know where you`re getting 19 percent interest...."

"The amount of money accumulated if you invested $25,000 at 4.3% interest for 8..."

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