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he compound amount on an investment of $8,500 at 12% interest, compounded quarterly, for 1 year.
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you've posted a bunch of these basic interest problems, and had them done for you. How about showing us what you've learned?
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the compound amount on an investment of $8,500 at 12% interest, compounded quarterly, for 1 year.
Top answer:
To calculate the compound amount on an investment, you can use the formula: A = P(1 + r/n)^(nt)
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Brianna invests $3,500, at 12% interest, compounded quarterly for 1 year. Manually calculate the compound interest for this
Top answer:
3500((1+.12/4)^4 - 1) = 439.28
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Ben invests $19,500 at 12% interest compounded quarterly for 10 years. Calculate the compound amount for his investment.
Top answer:
63,609.59
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Scott invests $1,500, at 12% interest, compounded quarterly for 8 years. Use Table 11-1 to calculate the compound amount for his
Top answer:
If you look at the table, you should find a value of 1500(1+.12/4)^(4*8) = 3862.62
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compute the amount of compound interest earned in 1 year for an investment of 1,000,000 with a nominal interest rate of 8%
Top answer:
interest earned = 1 million(1.02)^4 - 1 million
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Compute the amount of compound interest earned in 1 year for an investment of $1,000,000 with a nominal interest rate of 8%
Top answer:
P = Po(1+r)^n. Po = $1,000,000. r = (8%/4)/100% = 0.02 = Quarterly % .rate expressed as a decimal. n
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Compute the amount of compound interest earned in 1 year for an investment of $1,000,000 with a nominal interest rate of 8%
Top answer:
amount = 1000000(1.02)^4 = ... interest earned = amount - 1000000
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Compute the compound quarterly amount after 1 year for $100 invested at 12% interest compounded quarterly. What simple interest
Top answer:
P = Po(1+r)^n. r = (12%/4) / 100% = 0.03 = Quarterly % rate expressed as a decimal. n = 4comp./yr *
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Using the Compound Interest Table, calculate the compound amount after 5 years for an investment of $7,700 at 6% interest
Top answer:
7700(1+.06/4)^(4*5) = 10,370.78 Looks good to me.
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. Compute the amount of compound interest earned in 1 year for an investment of $1,000,000 with a nominal interest rate of 8%
Top answer:
1. P = Po*(1+r)^n r = (8%/4)/100% = 0.02 = Quarterly % rate expressed as a decimal. n = 4Comp /yr *
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A
Consider a $7,500 investment. Without calculating the amount of accrued interest or the final amount of the investment, compare