$100 is invested in a bank account that gives an annual interest rate of 3%, compounded monthly. How much money will be in the account after 7 years? 7 years * 12 months per year = 84 periods. Using our [URL='https://www.mathcelebrity.com/compoundint.php?bal=100&nval=84&int=3&pl=Monthly']compound interest calculator[/URL], we get an account balance of: [B]123.34[/B]

$1000 is invested with interest at a rate of 15% per year for 9 years. Find the amount you would have, if it’s continuously compounded Using [URL='https://www.mathcelebrity.com/simpint.php?av=&p=1000&int=15&t=9&pl=Continuous+Interest']our balance calculator[/URL], we get: [B]$3,857.43[/B]

$13,000 is compounded semiannually at a rate of 11% for 20 years Using our [URL='https://www.mathcelebrity.com/compoundint.php?bal=13000&nval=40&int=11&pl=Semi-Annually']compound interest calculator with t = 20 years * 2 semi-annual periods per year = 40[/URL], we get: [B]110,673.01[/B]

$2,030.00 was invested at 10% per annum compounded annually. What interest has been earned (in dollars correct to the nearest cent) after 5 years? Using our [URL='http://www.mathcelebrity.com/compoundint.php?bal=2030&nval=5&int=10&pl=Annually']compound interest calculator[/URL], we get: [B]3,269.34[/B]

$300 for 13 years at 8% compounded semiannually. P=principle = original funds, r=rate, in percent, written as a decimal (1%=.01, 2%=.02,etc) , n=number of times per year, t= number of years So we have: [LIST] [*]$300 principal [*]13 * 2 = 26 periods for n [*]Rate r for a semiannual compound is 8%/2 = 4% per 6 month period [/LIST] Using our [URL='https://www.mathcelebrity.com/simpint.php?av=&p=300&int=4&t=26&pl=Compound+Interest']compound interest with balance calculator[/URL], we get: [B]$831.74[/B]

$4700 at 3.5% for 6 years compounded monthly 6 years = 12*6 = 72 months or compounding periods. Using our [URL='https://www.mathcelebrity.com/compoundint.php?bal=4700&nval=72&int=3.5&pl=Monthly']balance with interest calculator[/URL], we get a final balance of: [B]$5,796.51[/B]

$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 [URL='https://www.mathcelebrity.com/compoundint.php?bal=5000&nval=5&int=3.5&pl=Annually']compound interest calculator[/URL], we get interest earned as: [B]938.43[/B]

$800 is deposited in an account that pays 9% annual interest find balance after 4 years Using our [URL='https://www.mathcelebrity.com/compoundint.php?bal=800&nval=4&int=9&pl=Annually']compound interest calculator[/URL], we get: [B]1,129.27[/B]

$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 [URL='https://www.mathcelebrity.com/compoundint.php?bal=8000&nval=5&int=10&pl=Annually']compound interest with balance calculator[/URL], we get: [B]12,884.08[/B]

2200 dollars is placed in an account with an annual interest rate of 7.25%. How much will be in the account after 29 years [URL='https://www.mathcelebrity.com/compoundint.php?bal=2200&nval=29&int=7.25&pl=Annually']Using our compound interest calculator[/URL], with an initial balance of 2,200, 29 years for time, and 7.25% annual interest rate, we get: [B]16,747.28[/B]

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 [URL='https://www.mathcelebrity.com/compoundint.php?bal=2900&nval=13&int=9&pl=Annually']compound interest with balance calculator[/URL], we get: [B]8,890.83[/B]

2900 dollars is placed in an account with annual interest rate of 9%. How much will be in the account after 13 years, round to the nearest cent Using our [URL='https://www.mathcelebrity.com/compoundint.php?bal=2090&nval=13&int=9&pl=Annually']compound interest calculato[/URL]r, we get a balance of: [B]6,407.53[/B]

6700 dollars is placed in an account with an annual interest rate of 8%. show much will be in the account after 24 years, to the nearest cent ? Using our compound interest calculator, we get: [B]42,485.91 [MEDIA=youtube]0C25FB_4004[/MEDIA][/B]

6700 dollars is placed in an account with an annual interest rate of 8.25%. How much will be in the account after 28 years, to the nearest cent? Using our [URL='https://www.mathcelebrity.com/compoundint.php?bal=6700&nval=28&int=8.25&pl=Annually']balance with interest calculator[/URL], we get: 61,667.47

7100 dollars is placed in an account with an annual interest rate of 7.75%. How much will be in the account after 30 years, to the nearest cent? Using our [URL='https://www.mathcelebrity.com/compoundint.php?bal=7100&nval=30&int=7.75&pl=Annually']balance with compound interest calculator[/URL], we get: 66,646.40

7100 dollars is placed in an account with an interest of 7.75%. How much will be in the account after 30 years to the nearest cent? Using our [URL='https://www.mathcelebrity.com/compoundint.php?bal=7100&nval=30&int=7.75&pl=Annually']balance with interest calculator[/URL], we get: [B]$66,646.40[/B]

7700 dollars is placed in an account with an annual interest rate of 5.75%. How much will be in the [URL='https://www.mathcelebrity.com/compoundint.php?bal=7700&nval=5.75&int=24&pl=Annually']Using our compound balance interest calculator[/URL], we get: [B]$26,525.61[/B]

7700 dollars is placed in an account with an annual interest rate of 5.75%. How much will be in the account after 24 years, to the nearest cent? [URL='https://www.mathcelebrity.com/compoundint.php?bal=7700&nval=24&int=5.75&pl=Annually']Using our balance with interest calculator[/URL], we get: [B]$29,459.12[/B]

7900 dollars is placed in an account with an annual interest rate of 5.5%. How much will be in the account after 11 years, to the nearest cent? Using our [URL='https://www.mathcelebrity.com/compoundint.php?bal=7900&nval=11&int=5.5&pl=Annually']compound interest calculator[/URL], we get: [B]14,236.53[/B]

8300 dollars is placed in an account with an annual interest rate of 6.5%. How much will be in the account after 14 years, to the nearest cent? [URL='https://www.mathcelebrity.com/compoundint.php?bal=8300&nval=14&int=6.5&pl=Annually']Using our balance with interest calculator[/URL], we get: [B]$20,043.46[/B]

9000 dollars is placed in an account with an annual interest rate of 8%. How much will be in the account after 17 years, to the nearest cent? Using our [URL='http://www.mathcelebrity.com/compoundint.php?bal=9000&nval=17&int=8&pl=Annually']compound interest accumulated balance calculator[/URL], we get: [B]$33,300.16[/B]

A $1,000 deposit is made at a bank that pays 12% compounded monthly. How much will you have in your account at the end of 10 years? Using our [URL='https://www.mathcelebrity.com/compoundint.php?bal=10000&nval=120&int=12&pl=Monthly']compound interest calculator[/URL] with time = 10 years * 12 months per year = 120, we get: [B]33,003.87[/B]

A credit plan charges interest rate of 36% compounded monthly. Find the effective rate. [U]Calculate Monthly Nominal Rate:[/U] Monthly Nominal Rate = Annual Rate / 12 months per year Monthly Nominal Rate = 36%/12 Monthly Nominal Rate = 3% [U]Since there are 12 months in a year, we compound 12 times to get the effective rate below:[/U] Effective Rate = (1 + Monthly Nominal Rate as a Decimal)^12 - 1 Since 3% = 0.03, we have: Effective Rate = 100% * ((1 + 0.03)^12 - 1) Effective Rate = 100% * ((1.03)^12 - 1) Effective Rate = 100% * (1.42576088685 - 1) Effective Rate = 100% * (0.42576088685) Effective Rate = [B]42.58%[/B]

a new savings account starts at $700 at a rate of 1.2% yearly. how much money will be in the account after 8 years? Using our [URL='https://www.mathcelebrity.com/compoundint.php?bal=700&nval=8&int=1.2&pl=Annually']balance and interest calculator with annual (yearly) compounding[/URL], we have: [B]770.09[/B]

A person invests $500 in an account that earns a nominal yearly rate of 4%. How much will this investment be worth in 10 years? If the interest was applied four times per year (known as quarterly compounding), calculate how much the investment would be worth after 10 years. Using our [URL='https://www.mathcelebrity.com/compoundint.php?bal=500&nval=10&int=4&pl=Annually']compound interest calculator[/URL], $500 @ 4% for 10 years is: $[B]740.12 [/B] Using [URL='https://www.mathcelebrity.com/compoundint.php?bal=500&nval=40&int=4&pl=Quarterly']quarterly compounding in our compound interest calculator[/URL], we have 10 years * 4 quarters per year = 40 periods, so we have: [B]$744.43[/B]

A person invests $9400 in an account at 5% interest compound annually. When will the value of the investment be $12,800. Let's take it one year at a time: Year 1: 9,400(1.05) = 9,870 Year 2: 9,870(1.05) = 10,363.50 Year 3: 10,363.50(1.05) = 10,881.68 Year 4: 10.881.68(1.05) = 11,425.76 Year 5: 11,425.76(1.05) = 11,997.05 Year 6: 11,997.05(1.05) = 12.596.90 Year 7: 12,596.90(1.05) = 13,226.74 So it take [B][U]7 years[/U][/B] to cross the $12,800 amount.

A person places $230 in an investment account earning an annual rate of 6.8%, compounded continuously. Using the formula V = Pe^{rt}V=Pe^rt, where V is the value of the account in t years, P is the principal initially invested, e is the base of a natural logarithm, and r is the rate of interest, determine the amount of money, to the nearest cent, in the account after 20 years Using our [URL='http://www.mathcelebrity.com/simpint.php?av=&p=230&int=6.8&t=20&pl=Continuous+Interest']continuous compounding calculator[/URL], we get: V = [B]896.12[/B]

A person places $96300 in an investment account earning an annual rate of 2.8%, compounded continuously. Using the formula V=PertV = Pe^{rt} V=Pe rt , where V is the value of the account in t years, P is the principal initially invested, e is the base of a natural logarithm, and r is the rate of interest, determine the amount of money, to the nearest cent, in the account after 7 years. Substituting our given numbers in where P = 96,300, r = 0.028, and t = 7, we get: V = 96,300 * e^(0.028 * 7) V = 96,300 * e^0.196 V = 96,300 * 1.21652690533 V = [B]$117,151.54[/B]

A principal of $2200 is invested at 6% interest, compounded annually.How much will investment be worth after 10 years? Use our [URL='http://www.mathcelebrity.com/compoundint.php?bal=2200&nval=10&int=6&pl=Annually']balance calculator,[/URL] we get: [B]$3,939.86[/B]

A principal of $3300 is invested at 3.25% interest, compounded annually. How much will the investment be worth after 10 years? [URL='https://www.mathcelebrity.com/compoundint.php?bal=3300&nval=10&int=3.25&pl=Annually']Using our balance calculator with compound interest[/URL], we get: [B]$4,543.75[/B]

A savings account earns 15% interest annually. What is the balance after 8 years in the savings account when the initial deposit is 7500 Using our [URL='https://www.mathcelebrity.com/compoundint.php?bal=7500&nval=8&int=15&pl=Annually']compound interest with balance calculator,[/URL] we get a balance of: [B]22,942.67[/B]

Alana puts $700.00 into an account to use for school expenses. The account earns 8% interest, compounded annually. How much will be in the account after 4 years? We use our [URL='https://www.mathcelebrity.com/compoundint.php?bal=700&nval=8&int=4&pl=Annually']balance with interest calculator[/URL] and we get: [B]$958[/B]

An initial deposit of $50 is now worth $400. The account earns 5.2% interest compounded continuously. Determine how long the money has been in the account. [URL='https://www.mathcelebrity.com/simpint.php?av=400&p=50&int=5.2&t=&pl=Continuous+Interest']Using our continuous interest compound calculator solving for t[/URL], we get: t =[B] 39.99 periods[/B]

An investment of $200 is now valued at $315. Assuming continuous compounding has occurred for 6 years, approximately what interest rate is needed to be for this to be possible? [URL='https://www.mathcelebrity.com/simpint.php?av=315&p=200&int=&t=6&pl=Continuous+Interest']Using our continuous compounding calculator solving for interest rate[/URL], we get: I = [B]7.57%[/B]

Annuity that pays 6.6% compounded monthly. If $950 is deposited into this annuity every month, how much is in the account after 7 years? How much of this is interest? Let's assume payments are made at the end of each month, since the problem does not state it. We have an annuity immediate formula. Interest rate per month is 6.6%/12 = .55%, or 0.0055. 7 years * 12 months per year gives us 84 deposits. Using our [URL='http://www.mathcelebrity.com/annimmpv.php?pv=&av=&pmt=950&n=84&i=0.55&check1=1&pl=Calculate']present value of an annuity immediate calculator[/URL], we get the following: [LIST=1] [*]Accumulated Value After 7 years = [B]$101,086.45[/B] [*]Principal = 79,800 [*]Interest Paid = (1) - (2) = 101,086.45 - 79,800 = [B]$21,286.45[/B] [/LIST]

Ashley deposited $4000 into an account with 2.5% interest, compounded semiannually. Assuming that no withdrawals are made, how much will she have in the account after 10 years? Semiannual means twice a year, so 10 years * 2 times per year = 20 periods. We use this and [URL='https://www.mathcelebrity.com/compoundint.php?bal=4000&nval=20&int=2.50&pl=Semi-Annually']plug the numbers into our compound interest calculator[/URL] to get: [B]$5,128.15[/B]

Austin deposited $4000 into an account with 4.8% interest, compounded monthly. Assuming that no withdrawals are made, how much will he have in the account after 4 years? Do not round any intermediate computations, and round your answer to the nearest cent. Using our [URL='http://www.mathcelebrity.com/compoundint.php?bal=40000&nval=4&int=4.8&pl=Annually']balance calculator[/URL], we get: [B]$48,250.87[/B]

Bonnita deposited $4,500 into a savings account paying 3% interest compounded continuously. She plans on leaving the account alone for 7 years. How much money will she have at that time? Using our [URL='https://www.mathcelebrity.com/simpint.php?av=&p=4500&int=3&t=7&pl=Continuous+Interest']compound interest calculator[/URL], we get: [B]$5551.55[/B]

Brad has $40 in a savings account. The interest rate is 5%, compounded annually. To the nearest cent, how much will he have in 3 years? [URL='https://www.mathcelebrity.com/compoundint.php?bal=40&nval=3&int=5&pl=Annually']Using our balance with interest calculator[/URL], we get [B]$46.31[/B].

Brenda invests $1535 in a savings account with a fixed annual interest rate of 3% compounded continuously. What will the account balance be after 8 years Using our [URL='https://www.mathcelebrity.com/simpint.php?av=&p=1535&int=3&t=8&pl=Continuous+Interest']continuous interest balance calculator[/URL], we get: [B]1,951.37 [MEDIA=youtube]vbYV6SYXtvs[/MEDIA][/B]

Calculate the value of an investment of $15,000 at 6% interest after 7 years. Using our [URL='https://www.mathcelebrity.com/compoundint.php?bal=15000&nval=7&int=6.5&pl=Annually']balance calculator[/URL], we get; [B]23,309.80[/B]

Charlene wants to invest $10,000 long enough for it to grow to at least $20,000. The compound interest rate is 6% p.a. How many whole number of years does she need to invest the money for so that it grows to her $20,000 target? We want 10,000(1.06)^n = 20,000. But what the problem asks for is how long it will take money to double. We can use a shortcut called the Rule of 72. [URL='https://www.mathcelebrity.com/rule72.php?num=6&pl=Calculate']Using the Rule of 72 at 6%[/URL], we get [B]12 years[/B].

Christopher has $25 000 to invest. He finds a bank who will pay an interest rate of 5.65% p.a compounded annually. What will the total balance be after 6 years? Using our [URL='https://www.mathcelebrity.com/compoundint.php?bal=25000&nval=6&int=5.65&pl=Annually']compound interest balance calculator[/URL], we get: [B]34,766.18[/B]

Cody invests $4,734 in a retirement account with a fixed annual interest rate of 4% compounded continuously. What will the account balance be after 19 years? Using our c[URL='http://www.mathcelebrity.com/simpint.php?av=&p=4734&int=4&t=19&pl=Continuous+Interest']ontinuous interest compounding calculator[/URL], we get: [B]10,122.60[/B]

Free Compound Interest Accumulated Balance Calculator - Given an interest rate per annum compounded annually (i), semi-annually, quarterly, monthly, semi-monthly, weekly, and daily, this calculates the accumulated balance after (n) periods

Free Compound Interest and Annuity Table Calculator - Given an interest rate (i), number of periods to display (n), and number of digits to round (r), this calculator produces a compound interest table. It shows the values for the following 4 compound interest annuity functions from time 1 to (n) rounded to (r) digits:
vⁿ
d
(1 + i)ⁿ
a_n|
s_n|
ä_n|i
s_n|i
Force of Interest δⁿ

Dave has a savings account that pays interest at 3 1/2% per year. His opening balance for May was $1374.67. He did not deposit or withdraw money during the month. The interest is calculated daily. How much interest did the account earn in May? First, determine n, which is 31, since May has 31 days. We use our [URL='http://www.mathcelebrity.com/compoundint.php?bal=1374.67&nval=31&int=3.5&pl=Daily']compound interest balance calculator[/URL] to get: [B]1,378.76[/B]

Dick invested $9538 in an account at 10% compounded annually. Calculate the total investment after 10 years. Round your answer to the nearest penny if necessary. Annual compounding means we don't need to make adjustments to interest rate per compounding period. [URL='https://www.mathcelebrity.com/compoundint.php?bal=9538&nval=10&int=10&pl=Annually']Using our compound interest calculator[/URL], we get our new balance after 10 years of: [B]$24,739.12[/B]

During your first year on the job, you deposit $2000 in an account that pays 8.5%, compounded continuously. What will be your balance after 35 years? [URL='https://www.mathcelebrity.com/simpint.php?av=&p=2000&int=8.5&t=35&pl=Continuous+Interest']Using our continuous compound balance calculator[/URL], we get a balance of [B]$39,179.25.[/B]

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 [URL='https://www.mathcelebrity.com/compoundint.php?bal=5550&nval=240&int=2&pl=Monthly']compound interest calculator[/URL], we get: [B]8,276.87[/B]

Free Effective Annual Yield Rate Calculator - Figures out the effective annual yield rate of interest entered by compounding daily, weekly, semi-monthly, monthly, quarterly, semi-annually, and continuously.

Find the balance if $5000 is invested in an account paying 4.5% interest compounded continuously for 21 years Using our [URL='https://www.mathcelebrity.com/simpint.php?av=&p=5000&int=4.5&t=21&pl=Continuous+Interest']continuous compounding interest calculator[/URL], we get: [B]$12,864.07[/B]

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 [URL='https://www.mathcelebrity.com/compoundint.php?bal=3800&nval=6&int=8&pl=Annually']compound interest with balance calculator[/URL], we get: [B]$6,030.12[/B]

Find the future value and interest earned if $8806.54 is invested for 9 years at 6% compounded (a) semiannually and (b) continuously a) 14,992.54 using our [URL='http://www.mathcelebrity.com/compoundint.php?bal=8806.54&nval=18&int=6&pl=Semi-Annually']balance with interest calculator[/URL] b) 15112.08 using our [URL='http://www.mathcelebrity.com/simpint.php?av=&p=8806.54&int=6&t=9&pl=Continuous+Interest']continuous interest balance calculator[/URL]

find the value of $20000 invested for 7 years at an annual interest rate of 2.55% compounded continuously Using our [URL='https://www.mathcelebrity.com/simpint.php?av=&p=200000&int=2.55&t=7&pl=Continuous+Interest']compound continuous interest with balance calculator[/URL] we get: [B]239.084.58[/B]

Following the birth of triplets, the grandparents deposit $30,000 in a college trust fund that earns 4.5% interest, compounded quarterly. How much will be in the account after 18 years? 18 years = 18 * 4 = 72 quarters. Using our [URL='http://www.mathcelebrity.com/compoundint.php?bal=30000&nval=72&int=4.5&pl=Quarterly']compound interest balance calculator[/URL], we have: [B]$67,132.95[/B]

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 [URL='https://www.mathcelebrity.com/compoundint.php?bal=750&nval=15&int=3.5&pl=Annually']compound interest calculator[/URL], we get: [B]1,256.51[/B]

Hannah invested $540 in an account paying an interest rate of 4.7% compounded continuously. Assuming no deposits or withdrawals are made, how much money, to the nearest hundred dollars, would be in the account after 18 years? [URL='https://www.mathcelebrity.com/simpint.php?av=&p=540&int=4.7&t=18&pl=Continuous+Interest']Using our compound interest balance calculator[/URL], we get: [B]$1,258.37[/B]

How many years will it take for an initial investment of $40,000 to go to $60,000? Assuming a rate of interest at 18% compounded continuously [URL='https://www.mathcelebrity.com/simpint.php?av=60000&p=40000&int=18&t=&pl=Continuous+Interest']Using our continuous interest calculator[/URL] and solving for n, we get: n = [B]2.2526 years[/B]

How much money must be invested to accumulate $10,000 in 8 years at 6% compounded annually? We want to know the principle P, that accumulated to $10,000 in 8 years compounding at 6% annually. [URL='https://www.mathcelebrity.com/simpint.php?av=10000&p=&int=6&t=8&pl=Compound+Interest']We plug in our values for the compound interest equation[/URL] and we get: [B]$6,274.12[/B]

How much money will there be in an account at the end of 10 years if $8000 is deposited at a 7.5% annual rate that is compounded continuously? Using our [URL='https://www.mathcelebrity.com/simpint.php?av=&p=8000&int=7.5&t=10&pl=Continuous+Interest']continuous compounding calculator[/URL], we get [B]$16,936[/B].

How much money would you have after 4 years if you invested $550 at 7% annual interest, compounded monthly? Using our [URL='https://www.mathcelebrity.com/compoundint.php?bal=550&nval=48&int=7.00&pl=Monthly']compound interest calculator, with 4 years * 12 months per year = 48 months as n[/URL], we get: [B]727.13[/B]

How much would you need to deposit in an account now in order to have $6000 in the account in 10 years? Assume the account earns 6% interest compounded monthly. We start with a balance of B. We want to know: B(1.06)^10 = 6000 B(1.79084769654) = 6000 Divide each side of the equation by 1.79084769654 to solve for B B = [B]3,350.37[/B]

How much would you need to deposit in an account now in order to have $6000 in the account in 15 years? Assume the account earns 8% interest compounded monthly. 8% compounded monthly = 8/12 = 0.6667% per month. 15 years = 15*12 = 180 months We want to know an initial balance B such that: B(1.00667)^180 = $6,000 3.306921B = $6,000 Divide each side by 3.306921 [B]B = $1,814.38[/B]

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 [URL='https://www.mathcelebrity.com/compoundint.php?bal=300&nval=10&int=15&pl=Annually']compound interest calculator[/URL], we get: [B]$1,213.67[/B]

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 * (1.01)^6 New Balance = 789 * 1.0615201506 New Balance = [B]837.54[/B]

if $7000 is invested at 3% compounded monthly, what is the amount after 4 years 4 years = 12 *4 = 48 months since we're compounding monthly. From our c[URL='https://www.mathcelebrity.com/compoundint.php?bal=3000&nval=48&int=3&pl=Monthly']ompound interest calculator,[/URL] we get: [B]$3,381.98[/B]

If 3000 is invested at an annual interest rate of 5% and compounded annually, find the balance after 2 years. Use our [URL='http://www.mathcelebrity.com/simpint.php?av=&p=3000&int=5&t=2&pl=Compound+Interest']compound interest calculator[/URL], we get: Balance = [B]$3,307.50[/B]

If 5000 dollars is invested in a bank account at an interest rate of 10 per cent per year, find the amount in the bank after 9 years if interest is compounded annually. We assume the interest is compounded at the end of the year. Use the [URL='http://www.mathcelebrity.com/annimmpv.php?pv=&av=&pmt=5000&n=9&i=10&check1=1&pl=Calculate']annuity immediate formula[/URL]: [B]67,897.39[/B]

If a person invests $360 In an account that pays 8% interests compounded annually, find the balance after 5 years [B]$528.95[/B] per our [URL='http://www.mathcelebrity.com/intbal.php?startbal=360&intrate=8&bstart=1%2F1%2F2000&bend=1%2F1%2F2005&pl=Annual+Credit']balance calculator[/URL].

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? [URL='https://www.mathcelebrity.com/compoundint.php?bal=15000&nval=100&int=4.5&pl=Quarterly']Using our compound interest calculator[/URL] with 25 years * 4 quarters per year = 100 periods of compounding, we get: [B]$45,913.96[/B]

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 [URL='https://www.mathcelebrity.com/compoundint.php?bal=3345&nval=3+&int=7.8&pl=Annually']compound interest balance calculator[/URL], we get: [B]$4,190.37[/B]

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 [URL='https://www.mathcelebrity.com/compoundint.php?bal=25000&nval=20&int=2.0&pl=Annually']compound interest calculator[/URL], we get: [B]$37,148.68[/B]

Jocelyn invested $3,700 in an account paying an interest rate of 1.5% compounded continuously. Assuming no deposits or withdrawals are made, how much money would be in the account after 6 years? Using our [URL='https://www.mathcelebrity.com/simpint.php?av=&p=3700&int=1.5&t=6&pl=Continuous+Interest']continuous interest with balance calculator[/URL], we get: [B]$4,048.44[/B]

Joey puts $1,000.00 into an account to use for school expenses. The account earns 12% interest, compounded annually. How much will be in the account after 6 years? Using our [URL='http://www.mathcelebrity.com/compoundint.php?bal=1000&nval=6&int=12&pl=Annually']balance calculator[/URL], we get [B]$1,973.82[/B]

Kendra has $20 in a savings account. The interest rate is 10%, compounded annually. To the nearest cent, how much will she have in 2 years? Using our [URL='https://www.mathcelebrity.com/compoundint.php?bal=20&nval=2&int=10&pl=Annually']balance with interest calculator[/URL], we get [B]$24.20[/B].

Lauren invested $340 in an account paying an interest rate of 5.8% compounded monthly. Assuming no deposits or withdrawals are made, how much money, to the nearest cent, would be in the account after 13 years? 13 years * 12 months per year = 156 compounding periods. [URL='https://www.mathcelebrity.com/compoundint.php?bal=340&nval=156&int=5.8&pl=Monthly']Using our compound interest balance calculator[/URL] with 156 for t, we get: $[B]721.35[/B]

Levi invested $630 in an account paying an interest rate of 4.6% compounded daily. Assuming no deposits or withdrawals are made, how long would it take, to the nearest year, for the value of the account to reach $970? 3,425 days, per the [URL='http://www.mathcelebrity.com/compoundint.php?bal=630&nval=3425&int=4.6&pl=Daily']balance calculator[/URL].

Lily put $750 in the bank if she earns 4% interest how much will she have in 5 years? We assume annual compounding, so [URL='https://www.mathcelebrity.com/compoundint.php?bal=750&nval=5&int=4&pl=Annually']using our balance with compound interest calculator[/URL], we have: [B]$912.49[/B]

Matthew has $3,000 in a savings account that earns 10% interest per year. How much will he have in 3 years? Using our [URL='https://www.mathcelebrity.com/compoundint.php?bal=3000&nval=3&int=10&pl=Annually']compound interest with balance calculator[/URL], we get: [B]$3,993[/B]

Mr. Elk is secretly a huge fan of Billie Eilish, and is saving up for front row seats. He puts $250 in the bank that has an interest rate of 8% compounded daily. After 4 years, Billie is finally hitting up NJ on her tour. How much money does Mr. Elk have in the bank? (rounded to the nearest cent) * 4 years = 365*4 days 4 years = 1,460 days. Using this number of compounding periods, we [URL='https://www.mathcelebrity.com/compoundint.php?bal=250&nval=1460&int=8&pl=Daily']plug this into our compound interest calculator[/URL] to get: [B]$344.27[/B]

Ms. Gonzales is investing $17000 at an annual interest rate of 6% compounded continuously. How much money will be in the account after 16 years? Round your answer to the nearest hundredth (two decimal places). Using our [URL='https://www.mathcelebrity.com/simpint.php?av=&p=17000&int=6&t=16&pl=Continuous+Interest']continuous interest calculator[/URL], we get: [B]44,398.84[/B]

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Oliver and Julia deposit $1,000.00 into a savings account which earns 14% interest compounded continuously. They want to use the money in the account to go on a trip in 3 years. How much will they be able to spend? Use the formula A=Pert, where A is the balance (final amount), P is the principal (starting amount), e is the base of natural logarithms (?2.71828), r is the interest rate expressed as a decimal, and t is the time in years. Round your answer to the nearest cent. [URL='https://www.mathcelebrity.com/simpint.php?av=&p=1000&int=3&t=14&pl=Continuous+Interest']Using our continuous interest calculator[/URL], we get: A = [B]1,521.96[/B]

On Melissa 6 birthday she gets a $2000 cd that earns 4% interest, compounded semiannual. If the cd matures on her 16th birthday, how much money will be available? Semiannual compounding means twice a year. With 16 - 6 = 10 years of compounding, we have: 10 x 2 = 20 semiannual periods. [URL='https://www.mathcelebrity.com/compoundint.php?bal=2000&nval=20&int=4&pl=Semi-Annually']Using our interest on balance calculator[/URL], we get: [B]$2,971.89[/B]

On the day of a child's birth, a deposit of $25,000 is made in a trust fund that pays 8.5% interest. Determine that balance in this account on the child's 25th birthday. Using our [URL='https://www.mathcelebrity.com/compoundint.php?bal=25000&nval=25&int=8.5&pl=Annually']compound interest calculator[/URL], we get: [B]192,169.06 [/B]

principal $3000, actual interest rate 5.6%, time 3 years. what is the balance after 3 years [URL='https://www.mathcelebrity.com/compoundint.php?bal=3000&nval=3&int=5.6&pl=Annually']Using our compound interest calculator[/URL], we get a final balance of: [B]$3,532.75[/B]

Rochelle deposits $4,000 in an IRA. What will be the value (in dollars) of her investment in 25 years if the investment is earning 8% per year and is compounded continuously? Using our [URL='https://www.mathcelebrity.com/simpint.php?av=&p=4000&int=8&t=25&pl=Continuous+Interest']continuous interest calculator[/URL], we get: [B]29,556.22[/B]

Free Simple and Compound and Continuous Interest Calculator - Calculates any of the four parameters of the simple interest formula or compound interest formula or continuous compound formula
1) Principal
2) Accumulated Value (Future Value)
3) Interest
4) Time.

Free Simple Discount and Compound Discount Calculator - Given a principal value, interest rate, and time, this calculates the Accumulated Value using Simple Discount and Compound Discount

Suppose $10000 is invested in a savings account paying 8% interest per year , after 5 years how much would be in the account compounded continuously Using our [URL='http://www.mathcelebrity.com/simpint.php?av=&p=10000&int=8&t=5&pl=Continuous+Interest']continuous compounding calculator[/URL], we get 14,918.25

Suppose that 25400 is invested in a certificate of a deposit for 3 years at 6% annual interest to be compounded semi annually how much interest will this investment earn? 3 years, compounded semi-annually, gives us 3 x 2 = 6 periods. [URL='https://www.mathcelebrity.com/compoundint.php?bal=25400&nval=6&int=6&pl=Semi-Annually']Using our balance with interest calculator[/URL], we get [B]$30,328.93[/B]

Suppose you deposit $1000 in a college fund that pays 7.2% interest compounded monthly. Find the account balance after 12 years. Round your answer to two decimal places. Using our[URL='https://www.mathcelebrity.com/compoundint.php?bal=1000&nval=12&int=7.2&pl=Monthly'] compound interest balance calculator[/URL], we get: [B]$1,074.42[/B]

Suppose you deposit $3000 in an account paying 2% annual interest, compounded continuously. Use A=Pert to find the balance after 5 years. A = $3,000 * e^0.02(5) A = $3,000 * e^0.1 A = $3,000 * 1.105171 A = [B]$3,315.51[/B]

Suppose you deposited $1200 in an account paying a compound interest rate of 6.25% quarterly, what would the account balance be after 10 years? [URL='https://www.mathcelebrity.com/compoundint.php?bal=1200&nval=40&int=6.25&pl=Quarterly']Using our compound interest with balance calculator[/URL], we get: [B]$2,231.09[/B]

Suppose you invest $1600 at an annual interest rate of 4.6% compounded continuously. How much will you have in the account after 4 years? Using our [URL='http://www.mathcelebrity.com/simpint.php?av=&p=1600&int=4.6&t=4&pl=Continuous+Interest']continuous compound calculator[/URL], we get $1,923.23

The buyer of a lot pays P10,000 every month for 10 years. If the money is 8% compounded annually, how much is the cash value of the lot? (use j= 0.006434, n=120) Using our [URL='https://www.mathcelebrity.com/compoundint.php?bal=10000&nval=120&int=8&pl=Monthly']compound interest calculator[/URL], we get: [B]22,196.40[/B]

the initial deposit in a bank account was $6000 and it has an annual interest rate of 4.5%. Find the amount of money in the bank after 3 years Using our [URL='https://www.mathcelebrity.com/compoundint.php?bal=6000&nval=4.5&int=3&pl=Annually']balance and interest calculator[/URL], we get: [B]$6,853.60[/B]

The jimenez family inherited land that was purchased for $50,000 in 1967. The value of the land increased by approximately 4% per year. What is the approximate value of the land by the year 2016? 1967 to 2016 is 49 years. So we have 341,667.47 using our [URL='http://www.mathcelebrity.com/simpint.php?av=&p=50000&int=4&t=49&pl=Compound+Interest']compound interest calculator[/URL].

I get 20.7285 using our [URL='http://www.mathcelebrity.com/simpint.php?av=3&p=1&int=5.3&t=&pl=Continuous+Interest']continuous interest compound calculator[/URL].

You are given a choice of taking the simple interest on $100,000 invested for 5 years at a rate of 2% or the interest on $100,000 invested for 5 years at an interest rate of 2% compounded daily. Which investment earns the greater amount of interest? Give the difference between the amounts of interest earned by the two investments [URL='http://www.mathcelebrity.com/simpint.php?av=&p=100000&int=2&t=5&pl=Simple+Interest']Simple interest balance after 5 years[/URL] at 2% is $110,000. [URL='http://www.mathcelebrity.com/compoundint.php?bal=100000&nval=1825&int=2&pl=Daily']Daily compounded interest for 5 years[/URL] at 2% is 365 days per year * 5 years = 1,825 days = [B]$110,516.79 Compound interest earns more by $110,516.79 - $110,000 = $516.79[/B]

You deposit $150 into an account that yields 2% interest compounded quarterly. How much money will you have after 5 years? 2% per year compounded quarterly equals 2/4 = 0.5% per quarter. 5 years * 4 quarter per year = 20 quarters of compounding. Using our [URL='https://www.mathcelebrity.com/compoundint.php?bal=150&nval=20&int=2&pl=Quarterly']balance calculator[/URL], we get [B]$165.73[/B] in the account after 20 years.

You deposit $1600 in a bank account. Find the balance after 3 years if the account pays 1.75% annual interest compounded monthly Using our [URL='https://www.mathcelebrity.com/compoundint.php?bal=1600&nval=36&int=1.75&pl=Monthly']compound interest calculator with 3 years = 36 months[/URL], we get: [B]1,686.18[/B]

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 [URL='https://www.mathcelebrity.com/compoundint.php?bal=2000&nval=40&int=3&pl=Quarterly']compound interest calculator, with 10 * 4 = 40 quarters[/URL], we have: [B]$2,696.70[/B]

You deposit $750 in an account that earns 5% interest compounded quarterly. Show and solve a function that represents the balance after 4 years. The Accumulated Value (A) of a Balance B, with an interest rate per compounding period (i) for n periods is: A = B(1 + i)^n [U]Givens[/U] [LIST] [*]4 years of quarters = 4 * 4 = 16 quarters. So this is t. [*]Interest per quarter = 5/4 = 1.25% [*]Initial Balance (B) = 750. [/LIST] Using our [URL='https://www.mathcelebrity.com/compoundint.php?bal=750&nval=16&int=5&pl=Quarterly']compound balance interest calculator[/URL], we get the accumulated value A: [B]$914.92[/B]

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 [URL='https://www.mathcelebrity.com/compoundint.php?bal=8500&nval=120&int=1.781&pl=Monthly']compound interest calculator[/URL], we get a balance of: [B]$10,155.69[/B]

You invest $1,300 in an account that has an annual interest rate of 5%, compounded annually. How much money will be in the account after 10 years? Using our [URL='http://www.mathcelebrity.com/compoundint.php?bal=1300&nval=10&int=5&pl=Annually']compound interest balance calculator[/URL], we get: [B]$2,117.56[/B]

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 [URL='https://www.mathcelebrity.com/compoundint.php?bal=9500&nval=44&int=2.1&pl=Quarterly']compound interest with balance calculator[/URL], we have: [B]11,961.43[/B]

Your grandfather gave you $12,000 a a graduation present. You decided to do the responsible thing and invest it. Your bank has a interest rate of 6.5%. How much money will you have after 10 years if the interest is compounded monthly? Using our [URL='https://www.mathcelebrity.com/compoundint.php?bal=12000&nval=120&int=6.5&pl=Monthly']compound interest calculator[/URL], we have 10 years * 12 months = 120 months. [B]$22,946.21[/B]

Your grandma gives you $10,000 to invest for college. You get an average interest rate of 5% each year. How much money will you have in 5 years? Using our [URL='http://www.mathcelebrity.com/compoundint.php?bal=10000&nval=5&int=5&pl=Annually']accumulated balance calculator[/URL], we get: [B]12,762.82[/B]

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 [URL='https://www.mathcelebrity.com/compoundint.php?bal=230&nval=4380&int=6.3&pl=Daily']compound interest calculator with 12*365 = 4380 for days,[/URL] we have a balance of: [B]$489.81[/B]