3023 Compound Interest Annually
6 Questions
| Total Attempts: 48
Given answers to the nearest whole dollar.
Questions and Answers
- 1.How much interest is earned on an investment of $5000, when it attracts interest of 12% per annum, compounded annuallly, over a period of 2 years?
- 2.How much interest is earned on an investment of $5500, when it attracts interest of 9% per annum, compounded annuallly, over a period of 6 years?
- 3.How much interest is earned on an investment of $5100, when it attracts interest of 8% per annum, compounded annuallly, over a period of 3 years?
- 4.How much interest is earned on an investment of $4700, when it attracts interest of 5% per annum, compounded annuallly, over a period of 5 years?
- 5.How much interest is earned on an investment of $7000, when it attracts interest of 6% per annum, compounded annuallly, over a period of 8 years?
- 6.How much interest is earned on an investment of $6000, when it attracts interest of 11% per annum, compounded annuallly, over a period of 8 years?
- 7.How much interest is earned on an investment of $5200, when it attracts interest of 4% per annum, compounded annuallly, over a period of 6 years?
- 8.How much interest is earned on an investment of $5400, when it attracts interest of 12% per annum, compounded annuallly, over a period of 9 years?
- 9.How much interest is earned on an investment of $4400, when it attracts interest of 11% per annum, compounded annuallly, over a period of 10 years?
- 10.How much interest is earned on an investment of $6000, when it attracts interest of 9% per annum, compounded annuallly, over a period of 3 years?
- 11.How much interest is earned on an investment of $5900, when it attracts interest of 5% per annum, compounded annuallly, over a period of 3 years?
- 12.How much interest is earned on an investment of $5900, when it attracts interest of 10% per annum, compounded annuallly, over a period of 9 years?
- 13.How much interest is earned on an investment of $4200, when it attracts interest of 4% per annum, compounded annuallly, over a period of 5 years?
- 14.How much interest is earned on an investment of $4400, when it attracts interest of 6% per annum, compounded annuallly, over a period of 8 years?
- 15.How much interest is earned on an investment of $5200, when it attracts interest of 6% per annum, compounded annuallly, over a period of 10 years?
- 16.How much interest is earned on an investment of $4300, when it attracts interest of 3% per annum, compounded annuallly, over a period of 9 years?
- 17.How much interest is earned on an investment of $6300, when it attracts interest of 7% per annum, compounded annuallly, over a period of 3 years?
- 18.How much interest is earned on an investment of $4700, when it attracts interest of 11% per annum, compounded annuallly, over a period of 10 years?
- 19.How much interest is earned on an investment of $4100, when it attracts interest of 3% per annum, compounded annuallly, over a period of 9 years?
- 20.How much interest is earned on an investment of $4100, when it attracts interest of 9% per annum, compounded annuallly, over a period of 6 years?
- 21.If I invest $4100, at an interest rate of 6% per annum, compounded annuallly, over a period of 8 years, how much will I have in total at the end of my investment?
- 22.If I invest $4500, at an interest rate of 12% per annum, compounded annuallly, over a period of 6 years, how much will I have in total at the end of my investment?
- 23.If I invest $6900, at an interest rate of 3% per annum, compounded annuallly, over a period of 7 years, how much will I have in total at the end of my investment?
- 24.If I invest $4900, at an interest rate of 4% per annum, compounded annuallly, over a period of 9 years, how much will I have in total at the end of my investment?
- 25.If I invest $6900, at an interest rate of 8% per annum, compounded annuallly, over a period of 4 years, how much will I have in total at the end of my investment?
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