Homework Help: math

Posted by student on Tuesday, June 19, 2007 at 11:46pm.

what formulas do i use for this:

Investments Suppose $10,000 is invested at an annual rate of 5% for 10 years. Find the future value if interest is compounded as follows.

A) Annually
B) Quarterly
C) Monthly
D)Daily (365 days)

A) 10000*(1+.05)^10
B) 10000*(1+.05/4)^40
C) 10000*(1+.05/12)^120
D) 10000*(1+.05/365)^3650
D alt) 10000*e^(.05*10)

No one has answered this question yet.

Answer this Question

Related Questions

math - what formulas do i use for this: Investments Suppose $10,000 is invested ...
algebra - two investments were made totaling $15,000. for a certain year these ...
Finance - Find the future value of $10,000 invested now after five years if the ...
Algebra - You invested $1 0,000 on two stocks paying 8% and 10% annual interest...
MATH - CARLOS INVESTED $10,000. part ot 5% and the rest at 6%. His total annual ...
Math - Find the interest if $ 9,000 is invested at an annual simple interest ...
10th grade - Carlos invested $10,000. part ot 5% and the rest at 6%. His total ...
algebra with application - $4,000 at 10% for 20 years (a) Calculate the future ...
Algebra - Compare the future amounts (A) you would have if the money were ...
Algebra - Compare the future amounts (A) you would have if the money were ...

For Further Reading

First Name:
School Subject:
Answer: