Questions LLC
Login
or
Sign Up
Ask a New Question
Mathematics
Financial Mathematics
Compound Interest
if 450,ooo is invested at 12% compounded semiannually .When will the amount of investment be 477,000?
1 answer
450 (1.06)^(2n) = 477
1.06^2n = 1.06
n = 1/2 year
You can
ask a new question
or
answer this question
.
Related Questions
find out how long it takes a $2700 investment to double if it is invested by 7% compounded semiannually. Round to the nearest
Shelley Katz deposited $30,000 in a savings account at 5% interest compounded semiannually. At the beginning of year 4, Shelley
Pete Air wants to buy a used Jeep in 5 years. He estimates the Jeep will cost $15,000. Assume Pete invests $10,000 now at 12%
what is the total investment of 18,000 at 9% compounded semiannually for 6 years
four people invested in a restaurant. one person invested $1000,000. two others invested in the ratio x:2x, and the fourth
determine the amount of an investment if $500 is invested at an interest rate of 4.25% compounded quarterly for 12 years?
An initial investment of $12,000 is invested for 2 years in an account that earns 4% interest compounded quarterly. Find the
Find the accumulated value of an investment of $15,000 at 7% compounded semiannually for 4 yrs
Investment A: $5,000 invested for 7 years compounded semiannually at 9%.
Investment B: $ 6,000 invested for 5 years compounded
Suppose that you have $ 5,000 to invest. Which investment yields the greater return over 9 years: 8.75% compounded