math
posted by kim .
P=$1000 r=7% t=8 compounded annually

Are you looking for the interest?
I = PRT
Respond to this Question
Similar Questions

Math
Find the amount of money in the account at the end. $1000.00, 4 years, 7% compounded semiannually A=P(1+r/n)^nt r=0.07, t=4, P=$1000.00, n=2 A=P(1+r/n)^nt A=$1000.00(1+0.07/2)^24 A=$1000(1.035)^8 A=$1000(1.316809037) A=$1,316.809037 … 
math
Actually calculate the final amount on $1000 compounded annually at 6% per year for 4 years. 
Finances and Math
Can someone please help me solve these problems or help me find an easy formula? 
Math
Suppose you had $1000 invested at 6% compounded annually for 26 years, what would the current value be? 
Math
you deposit $1000 at 3% per year.what is the balance at the end of one year,and what is the annual yield,if the interest.Please help solve the problem. Simple interest? 
Math
you deposit $1000 at 3% per year.what is the balance at the end of one year,and what is the annual yield,if the interest.Please help solve the problem. Simple interest? 
eng economic
State the mount accumulated by each of the following present investment (i) RM7000 in 8 year at 9% compounded annually (ii) Rm1250 in 12 years at 4% compounded annually 
pre calculus
Which is worth more after 5 years, an investment of $1000 at 5% interest compounded semi  annually(twice a year). or an investment of $1000 at 5% interest compounded continuously? 
math(compunded interest )
6.how long will it take for a sum of money to quadruple at 10 percent compounded annually ? 
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