Posted by **Aman singh** on Friday, May 10, 2013 at 11:31pm.

Find the amount when princple is 29200,rate is 6%.time is 4 year and 3 months?

- Math -
**drwls**, Saturday, May 11, 2013 at 8:00pm
Are you asking for the value of the principal after 4.25 years? How often is interest compounded? Is 29,200 the initial principal?

If compounding is quarterly and the initial principal is 29,200,

the final principal is

29,200(1.015)^17 = 37,610.19

You need to specify currency type. Dollars? Rupees? Euros? Renmibi?

## Answer This Question

## Related Questions

- maths - 1. Find the amount and the compound interest on rs.12800 for 1 year at ...
- Logarithm - The rate of auto thefts triples every 6 months. (a) Determine, to ...
- ALGERBRA - THE PRINCIPAL IS BORROWED AT SIMPLE INTREST RATE OF R FOR A PERIOD OF...
- Help meee - Answer from spreadsheet Answer from hand calculation Problem #1: ...
- math - you have deposited 1000 dollars in your savings account with n annual ...
- Business Math icom 1 - Find the ordinary interest in a loan of Rs.2600 at 10 % ...
- math - Problem #1: Find the total amount if you deposit $500 at a rate of 5% for...
- Math. - For question 1-4 for the interest. All rates are annual interest rates. ...
- math - Find the interest and total amount. 25. P=$8,500, R=6.5% per year, T= 1 ...
- Maths - principal = 3000 rate =35/4 time = 1year 2 months interest =

More Related Questions