Monday

January 26, 2015

January 26, 2015

Posted by **Norma** on Sunday, June 5, 2011 at 6:59pm.

- math -
**MathMate**, Sunday, June 5, 2011 at 7:16pmI'll try the first one. The remaining cases are similar and serve as exercises for you (as they should).

Principal, P = 25000

Period, t = 6 months.

Time, T = 4 years.

Number of periods, n = 4/0.5=8

Annual interest rate, = 5%

Interest rate per period, i = 5%*0.5=2.5%

Future value (compound interest)

= P(1+i)^n

= 25000*(1+2.5%)^8

= 25000*1.2184

= $30,460.07

**Answer this Question**

**Related Questions**

Math - find the accumulated value of an investment of 20,000 for 3 years at an ...

math - find the accumulated value of an investment of $10000 for 5 years at an ...

algebra - Find the accumulated value of an investment of $10,000 for 3 years at ...

algebra - the accumulated value of an investment of $15,00 for 7 years at rate ...

Algebra - Using the compound intrest formula's A=P(1+r/n)^nt and A=Pe^rt to ...

algebra - Find the accumulated value of an investment of $15,000 at 7% ...

math- plesae help quick - find the accumulated value of an investment of $2000 ...

pre algebra - Use the compound interest formula to find the value of the ...

algebra- Help fast - use the compound interest formula A=P(1+r/n)^nt and A=Pe^rt...

Math - An amount of $2,500.00 is depsoisted in a bank paing an annual interest ...