3023 Compound Interest Annually

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| By Anthony Nunan
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Anthony Nunan
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Quizzes Created: 136 | Total Attempts: 44,016
Questions: 158 | Attempts: 240

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Math Quizzes & Trivia

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?

    Explanation
    LM 3023 Finance Solver N = Total Number of Payments. Don't forget to subtract the Principal from the Final Value to find out how much interest was.

    Rate this question:

  • 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?

    Explanation
    LM 3023 Finance Solver N = Total Number of Payments. Don't forget to subtract the Principal from the Final Value to find out how much interest was.

    Rate this question:

  • 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?

    Explanation
    LM 3023 Finance Solver N = Total Number of Payments. Don't forget to subtract the Principal from the Final Value to find out how much interest was.

    Rate this question:

  • 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?

    Explanation
    LM 3023 Finance Solver N = Total Number of Payments. Don't forget to subtract the Principal from the Final Value to find out how much interest was.

    Rate this question:

  • 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?

    Explanation
    LM 3023 Finance Solver N = Total Number of Payments. Don't forget to subtract the Principal from the Final Value to find out how much interest was.

    Rate this question:

  • 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?

    Explanation
    LM 3023 Finance Solver N = Total Number of Payments. Don't forget to subtract the Principal from the Final Value to find out how much interest was.

    Rate this question:

  • 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?

    Explanation
    LM 3023 Finance Solver N = Total Number of Payments. Don't forget to subtract the Principal from the Final Value to find out how much interest was.

    Rate this question:

  • 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?

    Explanation
    LM 3023 Finance Solver N = Total Number of Payments. Don't forget to subtract the Principal from the Final Value to find out how much interest was.

    Rate this question:

  • 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?

    Explanation
    LM 3023 Finance Solver N = Total Number of Payments. Don't forget to subtract the Principal from the Final Value to find out how much interest was.

    Rate this question:

  • 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?

    Explanation
    LM 3023 Finance Solver N = Total Number of Payments. Don't forget to subtract the Principal from the Final Value to find out how much interest was.

    Rate this question:

  • 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?

    Explanation
    LM 3023 Finance Solver N = Total Number of Payments. Don't forget to subtract the Principal from the Final Value to find out how much interest was.

    Rate this question:

  • 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?

    Explanation
    LM 3023 Finance Solver N = Total Number of Payments. Don't forget to subtract the Principal from the Final Value to find out how much interest was.

    Rate this question:

  • 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?

    Explanation
    LM 3023 Finance Solver N = Total Number of Payments. Don't forget to subtract the Principal from the Final Value to find out how much interest was.

    Rate this question:

  • 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?

    Explanation
    LM 3023 Finance Solver N = Total Number of Payments. Don't forget to subtract the Principal from the Final Value to find out how much interest was.

    Rate this question:

  • 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?

    Explanation
    LM 3023 Finance Solver N = Total Number of Payments. Don't forget to subtract the Principal from the Final Value to find out how much interest was.

    Rate this question:

  • 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?

    Explanation
    LM 3023 Finance Solver N = Total Number of Payments. Don't forget to subtract the Principal from the Final Value to find out how much interest was.

    Rate this question:

  • 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?

    Explanation
    LM 3023 Finance Solver N = Total Number of Payments. Don't forget to subtract the Principal from the Final Value to find out how much interest was.

    Rate this question:

  • 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?

    Explanation
    LM 3023 Finance Solver N = Total Number of Payments. Don't forget to subtract the Principal from the Final Value to find out how much interest was.

    Rate this question:

  • 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?

    Explanation
    LM 3023 Finance Solver N = Total Number of Payments. Don't forget to subtract the Principal from the Final Value to find out how much interest was.

    Rate this question:

  • 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?

    Explanation
    LM 3023 Finance Solver N = Total Number of Payments. Don't forget to subtract the Principal from the Final Value to find out how much interest was.

    Rate this question:

  • 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?

    Explanation
    LM 3023 Finance Solver N = Total Number of Payments. The final value (FV) will give the final value of the investment - interst plus the principal.

    Rate this question:

  • 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?

    Explanation
    LM 3023 Finance Solver N = Total Number of Payments. The final value (FV) will give the final value of the investment - interst plus the principal.

    Rate this question:

  • 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?

    Explanation
    LM 3023 Finance Solver N = Total Number of Payments. The final value (FV) will give the final value of the investment - interst plus the principal.

    Rate this question:

  • 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?

    Explanation
    LM 3023 Finance Solver N = Total Number of Payments. The final value (FV) will give the final value of the investment - interst plus the principal.

    Rate this question:

  • 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?

    Explanation
    LM 3023 Finance Solver N = Total Number of Payments. The final value (FV) will give the final value of the investment - interst plus the principal.

    Rate this question:

  • 26. 

    If I invest $6900, at an interest rate of 9% per annum, compounded annuallly, over a period of 4 years, how much will I have in total at the end of my investment?

    Explanation
    LM 3023 Finance Solver N = Total Number of Payments. The final value (FV) will give the final value of the investment - interst plus the principal.

    Rate this question:

  • 27. 

    If I invest $6300, at an interest rate of 7% per annum, compounded annuallly, over a period of 7 years, how much will I have in total at the end of my investment?

    Explanation
    LM 3023 Finance Solver N = Total Number of Payments. The final value (FV) will give the final value of the investment - interst plus the principal.

    Rate this question:

  • 28. 

    If I invest $6300, at an interest rate of 9% per annum, compounded annuallly, over a period of 6 years, how much will I have in total at the end of my investment?

    Explanation
    LM 3023 Finance Solver N = Total Number of Payments. The final value (FV) will give the final value of the investment - interst plus the principal.

    Rate this question:

  • 29. 

    If I invest $6100, at an interest rate of 10% per annum, compounded annuallly, over a period of 7 years, how much will I have in total at the end of my investment?

    Explanation
    LM 3023 Finance Solver N = Total Number of Payments. The final value (FV) will give the final value of the investment - interst plus the principal.

    Rate this question:

  • 30. 

    If I invest $5500, at an interest rate of 10% per annum, compounded annuallly, over a period of 4 years, how much will I have in total at the end of my investment?

    Explanation
    LM 3023 Finance Solver N = Total Number of Payments. The final value (FV) will give the final value of the investment - interst plus the principal.

    Rate this question:

  • 31. 

    If I invest $6700, at an interest rate of 11% per annum, compounded annuallly, over a period of 7 years, how much will I have in total at the end of my investment?

    Explanation
    LM 3023 Finance Solver N = Total Number of Payments. The final value (FV) will give the final value of the investment - interst plus the principal.

    Rate this question:

  • 32. 

    If I invest $5600, 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?

    Explanation
    LM 3023 Finance Solver N = Total Number of Payments. The final value (FV) will give the final value of the investment - interst plus the principal.

    Rate this question:

  • 33. 

    If I invest $6800, at an interest rate of 12% per annum, compounded annuallly, over a period of 7 years, how much will I have in total at the end of my investment?

    Explanation
    LM 3023 Finance Solver N = Total Number of Payments. The final value (FV) will give the final value of the investment - interst plus the principal.

    Rate this question:

  • 34. 

    If I invest $5300, at an interest rate of 5% per annum, compounded annuallly, over a period of 8 years, how much will I have in total at the end of my investment?

    Explanation
    LM 3023 Finance Solver N = Total Number of Payments. The final value (FV) will give the final value of the investment - interst plus the principal.

    Rate this question:

  • 35. 

    If I invest $4800, at an interest rate of 5% per annum, compounded annuallly, over a period of 5 years, how much will I have in total at the end of my investment?

    Explanation
    LM 3023 Finance Solver N = Total Number of Payments. The final value (FV) will give the final value of the investment - interst plus the principal.

    Rate this question:

  • 36. 

    If I invest $5400, at an interest rate of 4% per annum, compounded annuallly, over a period of 10 years, how much will I have in total at the end of my investment?

    Explanation
    LM 3023 Finance Solver N = Total Number of Payments. The final value (FV) will give the final value of the investment - interst plus the principal.

    Rate this question:

  • 37. 

    If I invest $6000, 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?

    Explanation
    LM 3023 Finance Solver N = Total Number of Payments. The final value (FV) will give the final value of the investment - interst plus the principal.

    Rate this question:

  • 38. 

    If I invest $4800, at an interest rate of 9% per annum, compounded annuallly, over a period of 4 years, how much will I have in total at the end of my investment?

    Explanation
    LM 3023 Finance Solver N = Total Number of Payments. The final value (FV) will give the final value of the investment - interst plus the principal.

    Rate this question:

  • 39. 

    If I invest $5000, at an interest rate of 12% per annum, compounded quarterly, over a period of 2 years, how much will I have in total at the end of my investment?

    Explanation
    LM 3023 Finance Solver N = Total Number of Payments. The final value (FV) will give the final value of the investment - interst plus the principal.

    Rate this question:

  • 40. 

    If I invest $6300, at an interest rate of 6% per annum, compounded quarterly, over a period of 10 years, how much will I have in total at the end of my investment?

    Explanation
    LM 3023 Finance Solver N = Total Number of Payments. The final value (FV) will give the final value of the investment - interst plus the principal.

    Rate this question:

  • 41. 

    If I invest $4800, at an interest rate of 11% per annum, compounded quarterly, over a period of 8 years, how much will I have in total at the end of my investment?

    Explanation
    LM 3023 Finance Solver N = Total Number of Payments. The final value (FV) will give the final value of the investment - interst plus the principal.

    Rate this question:

  • 42. 

    If I invest $5500, at an interest rate of 10% per annum, compounded quarterly, over a period of 7 years, how much will I have in total at the end of my investment?

    Explanation
    LM 3024 - LM 3050

    Rate this question:

  • 43. 

    If I invest $4100, at an interest rate of 6% per annum, compounded quarterly, over a period of 7 years, how much will I have in total at the end of my investment?

    Explanation
    LM 3024 - LM 3050

    Rate this question:

  • 44. 

    If I invest $5700, at an interest rate of 5% per annum, compounded quarterly, over a period of 7 years, how much will I have in total at the end of my investment?

    Explanation
    LM 3024 - LM 3050

    Rate this question:

  • 45. 

    If I invest $4400, at an interest rate of 9% per annum, compounded quarterly, over a period of 9 years, how much will I have in total at the end of my investment?

    Explanation
    LM 3024 - LM 3050

    Rate this question:

  • 46. 

    If I invest $6700, at an interest rate of 12% per annum, compounded quarterly, over a period of 3 years, how much will I have in total at the end of my investment?

    Explanation
    LM 3024 - LM 3050

    Rate this question:

  • 47. 

    If I invest $4600, at an interest rate of 7% per annum, compounded quarterly, over a period of 4 years, how much will I have in total at the end of my investment?

    Explanation
    LM 3024 - LM 3050

    Rate this question:

  • 48. 

    If I invest $4600, at an interest rate of 3% per annum, compounded quarterly, over a period of 4 years, how much will I have in total at the end of my investment?

    Explanation
    LM 3024 - LM 3050

    Rate this question:

  • 49. 

    If I invest $6000, at an interest rate of 6% per annum, compounded quarterly, over a period of 9 years, how much will I have in total at the end of my investment?

    Explanation
    LM 3024 - LM 3050

    Rate this question:

  • 50. 

    If I invest $6500, at an interest rate of 4% per annum, compounded quarterly, over a period of 4 years, how much will I have in total at the end of my investment?

    Explanation
    LM 3024 - LM 3050

    Rate this question:

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