What is the future value of $900 saved each year for 10 years at an 8% interest rate? | Homework.Study.com (2024)

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• What are the future value and the interest earned if $3800 is invested for 4 years at 8% compounded quarterly?
• What are the future value and the interest earned if $3000 is invested for 6 years at 8% compounded quarterly?
• What are the future value and the interest earned if $3000 is invested for 7 years at 8 percentage compounded quarterly?
• Two years ago, you invested $1,800. Today it is worth $1,984.50. What rate of interest did you earn?
• What is the future value in 5 years of a $4335 payment made today if the interest rate is 3.1% compounded annually?
• What is the present value of receiving $242 two years from today if the interest rate is 10%?
• What is the value of $5000 invested for 10 years in a savings account that has an interest rate of 10% and is compounded continuously?
• What amount must be deposited today at an interest rate of 0.9% per year compounded continuously to have a future amount worth $7000 in 15 years?
• What's the present value of a perpetuity that pays $3,200 per year if the appropriate interest rate is 5%?
• If $800 is invested for 5 years at an annual simple interest rate of 14%, what is the future value of the investment?
• If $800 is invested for 5 years at an annual simple interest rate of 14%, what is the future value of the investment? How much interest is earned?
• What would be the future value of 19,378 invested now if the money remains deposited for 8 years the annual interest rate is 18 percent and interest on the investment is compounded semiannually?
• What are the future value and the interesting earned if $3000 is invested for 5 years at 8\% compounded quarterly?(Round your answers to the nearest cent.) future value $\boxed{\space} interest earned $\boxed{\space}
• What future amount of money will be accumulated 10 years from now by investing $1,000 now plus $2,000, 5 years from now at 9% interest compounded semi-annually?
• What is the present value of $1,000 payments to be made at the end of each year for the next 10 years if interest is 9% compounded semi-annually?
• a. What is the future value of $1 invested at 3% compounded continuously for 12 years? b. What is the future value of $100 invested at 3% compounded continuously for 12 years? c. What is the future value of $4,350 invested at 3% compounded continuously
• If $945 is invested at an interest rate of 4% per year and is compounded continuously, how much will the investment be worth in 10 years?
• If $535 is invested at an interest rate of 6% per year and is compounded continuously, how much will the investment be worth in 10 years?
• What is the present value of an investment of $1000 payable at the end of 10 years at a 9% rate of interest compounded continuously?
• What is the present value of an investment of $1,000 payable at the end of 10 years at a 9% rate of interest compounded continuously?
• A man earns $112 interest in one year on an investment of $1,400. What was his rate of interest?
• If you invest $100 at an interest rate of 15%, how much will you have at the end of eight years?
• What is the present value of $450 in six years' time if the discount rate is 9.5% compounded semi-annually?
• If $240 is invested at an interest rate of 9 percent per year and is compounded monthly, how much will the investment be worth in 14 years?
• What is the value of an investment of $2000 at 4.75% compounded annually for: \\ i. 3 years? ii. 6 years?
• At what rate of interest would $16,000 have to be invested to get $50,000 in 18 years if interest is compounded monthly?
• $8,553 is borrowed at 16.5% simple interest. a. What is the total amount to be repaid 3 years? b. What is the future value?
• If $230 is invested for one year at 5 \% interest rate, how much interest is earned?
• What present value amounts to $20,000 if it is invested for 15 years at 8% compounded annually?
• If $3,000 is invested at 5% interest, then what is the value of the investment at the end of 5 years if the interest is compounded monthly? a. $3852.08 b. $3840.08 c. $3850.08 d. $3000.08 e. None of the above
• Find the present value P_0 of the amount P due t years in the future and invested at interest rate k, compounded continuously. P = 9000, t = 14 yrs, k = 8%
• Find the future value of an investment of $50,000 for 8 years at an annual interest rate of 3.1% compounded quarterly.
• Find the present value of the following future amount. $500,000 at 11% compounded semiannually for 10 years. What is the present value?
• Find the Future Value of $5,000 at 6% interest compounded semi-annually for 2 years.
• Find the present and future value of an income stream of $5000 per year for a period of 10 years if the interest rate, compounded continuously, is 4% Present value = Future value = How much of the f
• You placed $1,000 in a savings account compounding interest annually at a rate of 5%. How much will you have in 10 years?
• $1000 is invested at 6% interest compounded continuously. What is the value of the investment after 5 years?
• What are the future value and the interest earned if $3600 is invested for 5 years at 8% compounded quarterly? (Round your answers to the nearest cent.)
• Find the Future Value of a $1,000 loan at 12% interest compounded monthly for 2 years.
• How much would $500 invested at 6 interest compounded annually be worth after 5 years?
• Find the present value of $10,000 if interest is paid at a rate of 5% per year, compounded weekly, for 4 years.
• Find the present value and future value of an income stream of $1000 a year, for a period of 5 years, if the interest rate is 8%.
• Which has the lower present value? A) $10,000 if interest is paid at a a rate of 4.99% compounded continuously for 4 years B) $15,000 if interest is paid at a rate of 12.5% compounded continuously for 40 months
• Find the Future Value of a $7,000 investment at 2% interest compounded semi-annually for 6 years.
• Find the Future Value of a $3,000 investment at 3% interest compounded semi-annually for 5 years.
• How much would $200 invested at 4% interest compounded monthly be worth after 30 years?
• How much would $400 invested at 9% interest compounded continuously be worth after 3 years?
• Find the future value and interest earned is $8704.56 is invested for 7 years at 5\% compounded (a) semiannually and (b) continuously.
• Find the future value and interest earned if $8804.56 is invested for 9 years at 4% compounded (a) semiannually and (b) continuously.
• Find the future value and interest earned if $8804.56 is invested for 8 years at 4\% compounded (a) semiannually and (b) continuously.
• Find the future value in 8 years of a $10,000 payment today if the interest rate is 3\% per year compounded annually
• If you save a $100 a month for 30 years at 3% interest compounded monthly, how much do you have at the end of 30 years?
• How much money should be invested today at an annual interest rate of 7% compounded continuously so that 20 years from now it will be worth $20,000?
• How much money should be invested today at an annual rate of 6% compounded continuously so that 24 years from now it will be worth $20,000?
• Sam deposits $8,000 into an account with an annual interest rate of 3.5% compounded quarterly. If he leaves the money in the account for 7 years, what will the future value be at the end of this time period?
• How much money will you have after 15 years if you invest $3,000 at an interest rate of 4.5% compounded annually?
• What is the effective annual rate of interest if $1,100.00 grows to $1,600.00 in five years compounded semi-annually?
• Find the present and future values of an income stream of $6,000 per year for 17 years, assuming a 2% interest rate compounded continuously.
• Find the present and future values of an income stream of $2,000 per year for 15 years. Assuming a 5% interest rate compounded continuously.
• What annual rate of interest would you have to earn on an investment of $3,500 to ensure receiving $262.50 interest after 1 year?
• How much must I invest now to have $20,000 at 8% interest compounded continuously in 30 years?
• Find the present value of $53,444.38 due in 5 years at an interest rate of 3% per year compounded continuously.
• Find the present value of $63,858.04 due in __5__ years at an interest rate of __7%__ year compounded continuously. $
• Find the present value of $30,000 due in 6 years at an interest rate of 8\% per year compounded monthly.
• How many years will it take an investment to triple in value if the interest rate is 5% compounded continuously?
• Calculate the future value of an income stream of $3,000 per year for 20 years if the interest rate is 10% compounded continuously.
• Find the present value of $6,000 if the interest paid is at a rate of 7% compounded continuously for 2 years.
• At what interest rate (to the nearest hundredth of a percent) compounded annually will money in savings double in five years?
• If $31,500 is invested at 6.8% for 30 years, find the future value if the interest is compounded daily.
• Find the present value of $7,500 5 years from now if interest is compounded quarterly at an 8% annual interest rate.
• Find the future value of $2,100 invested for 8 years at 6% interest compounded semiannually.
• Calculate the present value (PV) of an investment that will be worth $1,000 at the interest rate of 5% per year, compounded annually, after 10 years.
• Find the present and future values of an income stream of $4,000 a year for 23 years. The interest rate is 4%, compounded continuously.
• If the principal P = $600, the interest I = $396, and time t = 6 years, find the following. (a) What is the rate? (b) What is the future value?
• If the principal P = $500, the interest I = $525, and time t = 7 years, find the following. (a) What is the rate? (b) What is the future value?
• Find the accumulated value of an investment of $10,000 for 7 years at an interest rate of 4%.
• An original investment of $5,000 earns 7.25% interest compounded continuously. (a) What will the investment be worth in 3 years? (b) What will it be worth in 30 years?
• If you can earn 4% interest, how much will you have to save each year if you want to retire in 35 years with $1,000,000?
• $ 8000 is invested in an account that yields 6% interest per year. After how many years will the account be worth $ 13709.60 if the interest is compounded monthly?
• What interest will be earned if $13,000.00 is invested for 7 years at 8% compounded every 2 months?
• If the simple interest on $3,000 for 9 years is $1,350, then what is the annual interest rate?
• If $3000 left in an account for 4 years earned interest of $960, then how much interest would be earned in 7 years?
• A man earns $420 interest in one year at 7%, what was the amount of money invested? 1. $29.40 2. $60.00 3. $600.00 4. $6,000.00
• What is the interest rate of a 9-year, annual $3,400 annuity with a present value of $20,000?
• If the principal P = $900, the rate r = 7 1/2 %, and time t = 1 year, find the following. What is the amount of interest? What is the future value?
• If the simple interest of $38,000 in three years is $5700, what is the rate of interest?
• Find the value of an investment of 20,000 for 12 years at an annual interest rate of 4.95\% continuously.
• What is the future value, at the end of C years, of a series of three $500 deposits, where the first deposit is made now, the second a year from now, and the third two years from now? Assume a 2% interest rate compounded continuously.
• How many years does it take an investment to triple in value if it is invested at 4.5% interest compounded annually?
• If you invest $50,000 at 4% interest rate compounded continuously, what is the average amount in your account over one year?
• If $5000 is invested for 4 years at a compound interest of 7% per annum, what will the amount be at the end of this period? What is the expression for the value of the investment after n full years?
• At what interest rate would a deposit of $45,000 grow to $110,682 in 30 years with continuous compounding?
• How much money, invested at an interest rate of r% per year compounded continuously, will amount to A dollars after t years? A = $15,500, r = 5.4%, t = 5.
• What is the present value of $500 payments to be made at the end of each 6 month period for the next 10 years if interest is 9% compounded semiannually?
• Find the future value of $10,100 invested at a rate of 3.75% that is compounded continuously over 10 years.
• Find the future value of $9,900 invested at a rate of 2.5% that is compounded continuously over 11 years.
• If the principal P = $500, the rate r = 8 1/2% and time t = 1 year, find the following. (a) What is the amount of interest? (b) What is the future value?
• If the principal P = $900, the rate r = 4.50%, and time t = 1 year, find the following. 1) What is the amount of interest? 2) What is the future value?