math
posted by student .
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)
In each case, use the formula
Future value = Initial value)*(1 + i)^n
where i is the interest fraction paid for the interval (year, quarter, month or day) and n is the number of intervals.
In case A), i = 0.05 and n = 10
In case B), i = 0.0125 and n = 40
Do the numbers. That's how you learn this stuff.
Respond to this Question
Similar Questions

math
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 … 
algebra
If $32,500 is invested at 69% for 3 years find the future value if the interest is compounded the following ways. annually, semiannually, quarterly, monthly, daily, every minute (N525,600) continuously, simple (not compounded. Thank … 
Algebra
If $32,500 is invested at 69% for 3 years find the future value if the interest is compounded the following ways. annually, semiannually, quarterly, monthly, daily, every minute (N525,600) continuously, simple (not compounded. Thank … 
algebra/stressed
If $32,500 is invested at 6.9% for 3 years. Find the future value if the interest is compounded the following ways: annually, semiannually, quarterly, monthly, daily, every minute (N525,600), continuously, and simple (not compounded. … 
Fins nance business
1. Find the future value of current $1,000 5 year from now when annual interest rate 8% is compounded annually 2. Find the present value of a future value (1,000) four years from now when annual interest rate 8% is compounded quarterly. … 
Math
If $37,500 is invested at 6.3% for 30 years, find the future value if the interest is compounded annually,semiannually, quarterly, monthly 
Math: Compounded Interest
A principal of $200 is invested at 5% interest rate annually. Determine the future value in 3 months' time if compounded: (a) Semiannually (b) Quarterly 
Business maths
An amount of k20.000 is invested for 5 years in a credit union which pays an annual untreated rate of 4.5 percent. Find accumulated value after 4 years if intrest rate is a: annually b:semi annually c:quarterly e:monthly 
PRECALCULUS
Find the accumulated value of a $5000 investment which is invested for 8 years at an interest rate of 12% compounded: (a) annually (b) semiannually (c) quarterly (d) monthly (e) continuou 
Business math
Find the future value of an investment of $10 ,500 if it is invested for six years and compounded semiannually at an annual rate of 3%. Use the $1.00 future value table or the future value and compound interest formula.