What's the future value of $1000 investment compounded at 8% semi annually for 5 years?
Answer and Explanation:
What is the value in 5 years of $1,000 invested today?
Simple Annual Interest
If a $1,000 investment is held for five years in a savings account with 10% simple interest paid annually, the FV of the $1,000 equals $1,000 × [1 + (0.10 x 5)], or $1,500.
What is the future value of $1000 in 5 years at 12% with annual compounding?
Answer and Explanation: The principal value is $1,000. The future value of $1,000 continuously compounded for five years at a stated annual interest rate of 12 percent is $1,822.12.
What would be the future value of $100 be after 5 years at 10% compound semi annually?
The $100 investment becomes $161.05 after 5 years at 10% compound interest.
What is the future value of $1000 invested for 15 years at a rate of 5%?
Therefore, the future value of the $1,000 invested for 15 years at a rate of 5% will be $1,000 × (1 + 0.05)15. Plugging these values into the formula results in Future Value = $1,000 × (1.05)15 = $2,079.
What is $1000 at 8 percent for 5 years?
Answer and Explanation: The future value of a $1000 investment today at 8 percent annual interest compounded semiannually for 5 years is $1,480.24.
What is 8 compound interest on $1000?
For example, with an initial balance of $1,000 and an 8% interest rate compounded monthly over 20 years without additional deposits, the calculator shows a final balance of $4,926.80. The total compound interest earned is $3,926.80.
What is the future value of $500 invested at 8 percent for 5 years?
The future value of $500 invested at 8 percent for five years Future value $500 * (1+ 0.08) ^5 Future Value = $734.66 c.
How much is $1000 worth at the end of 2 years if the interest rate of 6% is compound?
Basic compound interest
For other compounding frequencies (such as monthly, weekly, or daily), prospective depositors should refer to the formula below. Hence, if a two-year savings account containing $1,000 pays a 6% interest rate compounded daily, it will grow to $1,127.49 at the end of two years.
What is the future value of $900 at 7 percent after 5 years?
Answer. Final answer: The future value of $900 at a 7 percent interest rate after 5 years is calculated using the compound interest formula, resulting in a future value of $1262.30. So, the future value of $900 at a 7 percent interest rate after 5 years is $1262.30.
What is $5000 invested for 10 years at 10 percent compounded annually?
Answer and Explanation:
The future value of the investment is $12,968.71. It is the accumulated value of investing $5,000 for 10 years at a rate of 10% compound interest.
What is the future value of $1000 after six months earning 12% annually?
Expert-Verified Answer
The future value of $1,000 after six months of earning 12% annually is $1,060.00.
What will 100 become after 20 years at 5% compound interest?
100 will become approximately Rs. 265.33 after 20 years at 5% per annum compound interest. Hence, the correct answer is approximately 265.50.
How much will $1,000 invested be worth in 20 years?
The table below shows the present value (PV) of $1,000 in 20 years for interest rates from 2% to 30%. As you will see, the future value of $1,000 over 20 years can range from $1,485.95 to $190,049.64.
What will $10 000 be worth in 30 years?
If you invest $10,000 and make an 8% annual return, you'll have $100,627 after 30 years. By also investing $500 per month over that timeframe, your ending balance would be $780,326. Exchange-traded funds (ETFs) and mutual funds are both excellent investment options.
How much money will I have if I invest 500 a month for 10 years?
If you invested $500 a month for 10 years and earned a 4% rate of return, you'd have $73,625 today. If you invested $500 a month for 10 years and earned a 6% rate of return, you'd have $81,940 today. If you invested $500 a month for 10 years and earned an 8% rate of return, you'd have $91,473 today.
How much is $1000 a month for 5 years?
In fact, at the end of the five years, if you invest $1,000 per month you would have $83,156.62 in your investment account, according to the SIP calculator (assuming a yearly rate of return of 11.97% and quarterly compounding).
How long will it take you to double your money if you invest $1000 at 8% compounded annually?
The result is the number of years, approximately, it'll take for your money to double. For example, if an investment scheme promises an 8% annual compounded rate of return, it will take approximately nine years (72 / 8 = 9) to double the invested money.
What is the future value of $800 at 8% after 6 years?
The future value of $800 at 8 percent after six years equals $1,269.50. Where, PV = Present value = $800. i = interest rate = 8%
What is 8% interest of $10000?
For example, a $10,000 investment that returns 8% every year, is worth $10,800 ($10,000 principal x . 08 interest = $10,800) after the first year. It grows to $11,664 ($10,800 principal x . 08 interest = $11,664) at the end of the second year.
What is $100 at 8.5 compounded annually for 100 years?
When Andy tells the town council how much the town of Mayberry owes Frank Myers, he says the amount is $349,119.27. This is the exact amount to the penny that would be owed on a $100 bond accruing 8.5% interest compounded annually over 100 years.
How much interest will $1000 make in a year?
Using an annual compounding interest rate of 5% per year, after one year, your $1,000 would earn $50 in interest, bringing your total balance to $1,050. In the second year, your interest is calculated on the initial principal of $1,000 and the $50 earned in the first year.
How much will it be worth in five years if you deposit $2000 in a 5 year certificate of deposit at 5.2% with quarterly compound
The future value of the deposit will be worth $2,589.52 in five years. The formula below can be used to compute the future value: F u t u r e V a l u e = P V × ( 1 + i / m ) n m , where: PV = Present value = $2,000.
How much will $10,000 invested be worth in 10 years?
If you invest $10,000 today at 10% interest, how much will you have in 10 years? Summary: The future value of the investment of $10000 after 10 years at 10% will be $ 25940.
How much money will I have if I invest 500 a month for 30 years?
| Rate of return | 10 years | 30 years |
|---|---|---|
| 4% | $72,000 | $336,500 |
| 6% | $79,000 | $474,300 |
| 8% | $86,900 | $679,700 |
| 10% | $95,600 | $987,000 |
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