Math
posted by John .
compound and interest
Using the below values please calculate the amount accumulated (future value)
*Initial principal=$2000
*Interest Rate=9%
*Number of years 7
*Monthly compounding
Respond to this Question
Similar Questions

Math Desperate for help!
Find the amount in an account if $2000 is invested at 6.125%,compounded semianually,for 2 years. A. $2,256.49 B. $2,252.50 C. $2,324.89 D. $544,757.84 One of these is the correct answer. I am coming up with (D) 544,757.84 Can you … 
Math
compound and interest Using the below values please calculate the amount accumulated (future value) *Initial principal=$2000 *Interest Rate=9% *Number of years 7 *Monthly compounding 
Math
compound and interest Using the below values please calculate the amount accumulated (future value) *Initial principal=$2000 *Interest Rate=9% *Number of years 7 *Monthly compounding 
geometry
Using the following values, calculate the amount accumulated (future value): Initial Principal = $9000 Interest Rate = 8% Number of years = 9 Monthly Compounding 
Kirr
*solve execises by using compounded interest formula Principal $ 700 Time period 8years nominal rate (%) 1.5 Interest compounded monthly Compound amount ? 
math
Find the total number of compounding periods and interest rate per period. Princial: $700, time period :8yrs , nomial rate: 1.5%, interest compounding :monthly, copounding amount________, compound interest_______ * i need to figure … 
Math (Interest)
If I was given an amount of money for 1 month, and I wanted to compound its interest monthly, which formula would I need to use? 
Business Math
Solve the following by using the present value formula. Compound Amount $700 Time Period(years)8 years Nominal Rate (%) 1.5 Interest Compounded monthly Compound Amount___________? 
efe
find the formula for calculating compound interest. If Mr. John Chrystal invests $6,000 today (Present Value) at a compound interest of 9 percent, calculate the Future Value of the investment after 30 years using the compound interest … 
Math
Find the accumulated amount A if the principal, P = $3700 is invested at the interest rate r = 7%/year for t = 12.5 years compounded semiannually. Round your answers to two decimal places. a. The accumulated amount is $8544.01. …