Financial Math Answers

Compound amount

find the compound amount and the interest on 100,000 at 6% compounded semi-annually for

(a) 10 years

(b) 20 years

(c) 30 years

Compound amount

accumulate 300,000 for eight years at 7% compounded quarterly. How much is the interest?

Compound Amount

Adah discovered a saving account left to her by a rich uncle while cleaning his old house. When annually if she is now 20 years old.how much is the account worth

Compound amount

what is the compound amount and compound interest of 150,000 invested at 6% compounded quarterly for 27 months.

Compound amount

what is the compound amount and compound interest of 360,000 invested at 12% compounded semi-annually for 7 years

Dylan is a tiler who earns $1425 for a fortnight’s that includes a normal 60 hours as well as 10

overtime hours at time-and-a-half. Find his normal hourly rate of pay.

Compound amount

use the compound interest formula to calculate the compound amount on 300,000 invested at 8% interest compounded quarterly for 5 years.

Compound Amount

Adrian invests 350,000 at 16% interest compounded quarterly for 7 years. Find the compound amount of Adrian’s investment?

Compound Amount

Abraham ace invested $200,000 at 14% interest compounded semi-annually for 8 years. What is the amount of compound interest Abraham earned.

Compound Amount

(a) what is the simple interest on $30,000 for six months at a simple interest rate of 12%?

(b) what is the compound interest if the same investment is compounded quarterly? (c) Obtain the difference.