compound interest

You deposit $8500 in an account that pays 1.78% annual interest. Find the balance after 10 years when the interest is compounded monthly. 10 years * 12 months per year = 120 months. Using our compound interest calculator, we get a balance of: $10,155.69

you deposit $2000 in an account that pays 3% annual interest. Find the balance after 10 years if the interest is compounded quarterly. Please give your answer to 2 decimal places. Using our compound interest calculator, with 10 * 4 = 40 quarters, we have: $2,696.70

Matthew has $3,000 in a savings account that earns 10% interest per year. How much will he have in 3 years? Using our compound interest with balance calculator, we get: $3,993

Ed invests $5,500 into the stock market which earns 2% per year. In 20 years, how much will Ed's investment be worth if interest is compounded monthly? Round to the nearest dollar. 20 years * 12 months per year = 240 months Using our compound interest calculator, we get: 8,276.87

Hunter puts $300.00 into an account to use for school expenses. The account earns 15% interest, compounded annually. How much will be in the account after 10 years? Using our compound interest calculator, we get: $1,213.67

2900 dollars is placed in an account with an annual interest rate of 9%. Hoe much will be in the account after 13 years to the nearest cent Using our compound interest with balance calculator, we get: 8,890.83

$1,100 per month for 10 years, if the account earns 2% per year What the student or parent is asking is: If they deposit $1,100 per month in a savings/investment account every month for 10 years, and they earn 2% per year, how much will the account be worth after 10 years? Deposits are...

If you have $15,000 in an account with a 4.5% interest rate, compounded quarterly, how much money will you have in 25 years? Using our compound interest calculator with 25 years * 4 quarters per year = 100 periods of compounding, we get: $45,913.96

Jim invested $25,000 at an interest rate of 2% compounded anually. Approximately how much would Jim’s investment be worth after 2 years Using our compound interest calculator, we get: $37,148.68

Find the final amount of money in an account if $ 3,800 is deposited at 8% interest compounded annually and the money is left for 6 years Using our compound interest with balance calculator, we get: $6,030.12

Your friend deposits 9500$ in an investment account that earns 2.1% annual interest find the balance after 11 years when the interest is compounded quarterly 11 years * 4 quarters per year = 44 quarters Using our compound interest with balance calculator, we have: 11,961.43

$8000 are invested in a bank account at an interest rate of 10 percent per year. Find the amount in the bank after 5 years if interest is compounded annually Using our compound interest with balance calculator, we get: 12,884.08

Haley invested $750 into a mutual fund that paid 3.5% interest each year compounded annually. Find the value of the mutual fund in 15 years. Using our compound interest calculator, we get: 1,256.51

$500 is deposited into a savings account. The bank offers a 3.5% interest rate and the money is left in the account for 5 years. How much interest is earned in this situation? Using our compound interest calculator, we get interest earned as: 938.43

$13,000 is compounded semiannually at a rate of 11% for 20 years Using our compound interest calculator with t = 20 years * 2 semi-annual periods per year = 40, we get: 110,673.01

I have $789 in the bank and make 1% interest a month. How much money do I have at the end of 6 months? Our balance is found using our compound interest formula: New Balance = Starting Balance * (1 + i/100)^t With I = 1% and t = 6, we have: New Balance = 789 * (1 + 1/100)^6 New Balance = 789 *...

How much money would you have after 4 years if you invested $550 at 7% annual interest, compounded monthly? Using our compound interest calculator, with 4 years * 12 months per year = 48 months as n, we get: 727.13

Zoey invested $230 in an account paying an interest rate of 6.3% compounded daily. Assuming no deposits or withdrawals are made, how much money, to the nearest hundred dollars, would be in the account after 12 years? Using our compound interest calculator with 12*365 = 4380 for days, we have a...

Jessie invests $3345 in the stock market. Over the 3 years she has this invested she gets an average return of 7.8%. How much will her investment be worth after the 3 years? 7.8% = 0.078, so we use our compound interest formula to find our balance after 3 years. Using our compound interest...